TOITURES LECROART: what changed
TOITURES LECROART
Largest movements
- Receivables within one year +€70,557
up €70,557 (+221%), from €31,922 to €102,479
of which Trade receivables: +€65,264
- Cash -€32,789
down €32,789 (-23.5%), from €139,555 to €106,766
mainly Contributions, distributions and other (-€78,538) and Receivables within one year (-€70,557)
- Tangible fixed assets +€7,023
up €7,023 (+10.2%), from €68,947 to €75,970
of which Plant, machinery and equipment: +€25,403
- Other debts +€80,014
up €80,014 (+66.5%), from €120,356 to €200,370
- Profit (loss) carried forward -€50,822
no longer reported in 2025 (was €50,822)
- Advances received +€7,378
new in 2025: €7,378
- Current portion of long-term debt +€4,016
up €4,016 (+17.6%), from €22,863 to €26,879
- Gross operating margin -€13,556
down €13,556 (-6.1%), from €223,232 to €209,676
- Staff costs +€5,843
up €5,843 (+4.2%), from €139,014 to €144,857
- Taxes -€4,860
down €4,860 (-43.1%), from €11,267 to €6,407
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,824 | €288,026 | +€44,202 | +18.1% |
| Fixed assets | 21/28 | €71,009 | €78,032 | +€7,023 | +9.9% |
| Tangible fixed assets | 22/27 | €68,947 | €75,970 | +€7,023 | +10.2% |
| Plant, machinery and equipment | 23 | €4,401 | €29,804 | +€25,403 | +577% |
| Furniture and vehicles | 24 | €64,546 | €46,166 | -€18,380 | -28.5% |
| Financial fixed assets | 28 | €2,062 | €2,062 | = | 0.0% |
| Current assets | 29/58 | €172,815 | €209,994 | +€37,179 | +21.5% |
| Amounts receivable within one year | 40/41 | €31,922 | €102,479 | +€70,557 | +221% |
| Trade receivables | 40 | €21,725 | €86,989 | +€65,264 | +300% |
| Other amounts receivable | 41 | €10,197 | €15,490 | +€5,293 | +51.9% |
| Cash at bank and in hand | 54/58 | €139,555 | €106,766 | -€32,789 | -23.5% |
| Deferred charges and accrued income | 490/1 | €1,338 | €749 | -€589 | -44.0% |
| Total equity and liabilities | 10/49 | €243,824 | €288,026 | +€44,202 | +18.1% |
| Equity | 10/15 | €55,822 | €5,000 | -€50,822 | -91.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,822 | - | -€50,822 | |
| Amounts payable | 17/49 | €188,002 | €283,026 | +€95,024 | +50.5% |
| Amounts payable after more than one year | 17 | €38,245 | €39,974 | +€1,729 | +4.5% |
| Financial debts | 170/4 | €38,245 | €39,974 | +€1,729 | +4.5% |
| Amounts payable within one year | 42/48 | €149,757 | €243,052 | +€93,295 | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €22,863 | €26,879 | +€4,016 | +17.6% |
| Advances received on contracts in progress | 46 | - | €7,378 | +€7,378 | |
| Taxes, remuneration and social security | 45 | €6,538 | €8,425 | +€1,887 | +28.9% |
| Taxes | 450/3 | €2,073 | €5,473 | +€3,400 | +164% |
| Remuneration and social security | 454/9 | €4,465 | €2,952 | -€1,513 | -33.9% |
| Other amounts payable | 47/48 | €120,356 | €200,370 | +€80,014 | +66.5% |
| Remuneration, social security and pensions | 62 | €139,014 | €144,857 | +€5,843 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,645 | €25,457 | +€1,812 | +7.7% |
| Other operating charges | 640/8 | €1,285 | €633 | -€652 | -50.7% |
| Gross operating margin | 9900 | €223,232 | €209,676 | -€13,556 | -6.1% |
| Operating profit (loss) | 9901 | €59,288 | €38,729 | -€20,559 | -34.7% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €5,149 | €4,606 | -€543 | -10.5% |
| Recurring financial charges | 65 | €5,149 | €4,606 | -€543 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €54,189 | €34,123 | -€20,066 | -37.0% |
| Income taxes | 67/77 | €11,267 | €6,407 | -€4,860 | -43.1% |
| Profit (loss) for the period | 9904 | €42,922 | €27,716 | -€15,206 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,922 | €27,716 | -€15,206 | -35.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.