TOUTENEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TOUTENEL
Largest movements
- Receivables within one year +€9,069
up €9,069 (+21.3%), from €42,564 to €51,633
of which Trade receivables: +€4,543
- Receivables after one year +€6,000
up €6,000 (+2.8%), from €213,565 to €219,565
- Cash -€5,072
down €5,072 (-91.1%), from €5,568 to €496
mainly Receivables within one year (-€9,069) and Receivables after one year (-€6,000)
- Reserves +€11,254
up €11,254 (+5.6%), from €201,689 to €212,943
of which Distributable reserves: +€11,254
- Gross operating margin -€1,663
down €1,663 (-8.1%), from €20,520 to €18,857
- Financial charges -€1,030
down €1,030 (-19.3%), from €5,330 to €4,300
- Taxes +€576
up €576 (+30.3%), from €1,901 to €2,477
- Other operating charges -€393
down €393 (-34.4%), from €1,142 to €750
From the 2021 result to the 2022 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €262,046 | €272,295 | +€10,249 | +3.9% |
| Fixed assets | 21/28 | €350 | €238 | -€112 | -31.9% |
| Tangible fixed assets | 22/27 | €350 | €238 | -€112 | -31.9% |
| Plant, machinery and equipment | 23 | €350 | - | -€350 | |
| Furniture and vehicles | 24 | - | €238 | +€238 | |
| Current assets | 29/58 | €261,696 | €272,057 | +€10,361 | +4.0% |
| Amounts receivable after more than one year | 29 | €213,565 | €219,565 | +€6,000 | +2.8% |
| Other amounts receivable | 291 | €213,565 | €219,565 | +€6,000 | +2.8% |
| Amounts receivable within one year | 40/41 | €42,564 | €51,633 | +€9,069 | +21.3% |
| Trade receivables | 40 | €5,759 | €10,302 | +€4,543 | +78.9% |
| Other amounts receivable | 41 | €36,805 | €41,330 | +€4,525 | +12.3% |
| Cash at bank and in hand | 54/58 | €5,568 | €496 | -€5,072 | -91.1% |
| Deferred charges and accrued income | 490/1 | - | €364 | +€364 | |
| Total equity and liabilities | 10/49 | €262,046 | €272,295 | +€10,249 | +3.9% |
| Equity | 10/15 | €212,852 | €224,106 | +€11,254 | +5.3% |
| Contributions | 10/11 | €11,163 | €11,163 | = | 0.0% |
| Capital | 10 | €11,163 | €11,163 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €201,689 | €212,943 | +€11,254 | +5.6% |
| Non-distributable reserves | 130/1 | €31,067 | €31,067 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €29,207 | +€29,207 | |
| Other | 1319 | €29,207 | - | -€29,207 | |
| Distributable reserves | 133 | €170,622 | €181,876 | +€11,254 | +6.6% |
| Amounts payable | 17/49 | €49,194 | €48,189 | -€1,005 | -2.0% |
| Amounts payable within one year | 42/48 | €49,194 | €48,189 | -€1,005 | -2.0% |
| Financial debts | 43 | €30,912 | €30,898 | -€14 | 0.0% |
| Credit institutions | 430/8 | €30,912 | €30,898 | -€14 | 0.0% |
| Trade debts | 44 | €18,013 | €17,045 | -€968 | -5.4% |
| Suppliers | 440/4 | €18,013 | €17,045 | -€968 | -5.4% |
| Taxes, remuneration and social security | 45 | €269 | €246 | -€23 | -8.6% |
| Taxes | 450/3 | €269 | €246 | -€23 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €112 | -€197 | -63.9% |
| Other operating charges | 640/8 | €1,142 | €750 | -€393 | -34.4% |
| Gross operating margin | 9900 | €20,520 | €18,857 | -€1,663 | -8.1% |
| Operating profit (loss) | 9901 | €19,069 | €17,996 | -€1,073 | -5.6% |
| Financial income | 75/76B | €82 | €35 | -€48 | -57.9% |
| Recurring financial income | 75 | €82 | €35 | -€48 | -57.9% |
| Financial charges | 65/66B | €5,330 | €4,300 | -€1,030 | -19.3% |
| Recurring financial charges | 65 | €5,330 | €4,300 | -€1,030 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €13,821 | €13,731 | -€91 | -0.7% |
| Income taxes | 67/77 | €1,901 | €2,477 | +€576 | +30.3% |
| Profit (loss) for the period | 9904 | €11,921 | €11,254 | -€667 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,921 | €11,254 | -€667 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.