W.S. TOITURES: what changed
"W.S. TOITURES"
Largest movements
- Receivables within one year +€30,029
up €30,029 (+67.9%), from €44,226 to €74,256
of which Trade receivables: +€37,170
- Cash -€2,354
down €2,354 (-76.0%), from €3,099 to €745
- Deferred charges and accrued income -€2,112
no longer reported in 2025 (was €2,112)
- Tangible fixed assets +€1,690
up €1,690 (+158%), from €1,072 to €2,762
of which Furniture and vehicles: +€2,762
- Debts after one year +€40,000
new in 2025: €40,000
- Profit (loss) carried forward -€14,815
down €14,815 (-93.7%), from €15,806 to €991
- Other debts +€4,321
new in 2025: €4,321
- Trade debts -€2,915
down €2,915 (-10.9%), from €26,819 to €23,904
- Gross operating margin +€27,984
up €27,984, from -€4,412 to €23,572
- Financial charges -€2,446
down €2,446 (-92.4%), from €2,646 to €200
- Staff costs +€1,663
up €1,663 (+166%), from €1,003 to €2,665
- Taxes -€449
down €449, from €13 to -€436
- Depreciation +€444
up €444 (+29.5%), from €1,506 to €1,949
Change in the result, 2023 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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,685 | €77,937 | +€27,252 | +53.8% |
| Fixed assets | 21/28 | €1,247 | €2,937 | +€1,690 | +136% |
| Tangible fixed assets | 22/27 | €1,072 | €2,762 | +€1,690 | +158% |
| Plant, machinery and equipment | 23 | €1,072 | - | -€1,072 | |
| Furniture and vehicles | 24 | - | €2,762 | +€2,762 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €49,438 | €75,001 | +€25,562 | +51.7% |
| Amounts receivable within one year | 40/41 | €44,226 | €74,256 | +€30,029 | +67.9% |
| Trade receivables | 40 | €33,841 | €71,011 | +€37,170 | +110% |
| Other amounts receivable | 41 | €10,386 | €3,245 | -€7,141 | -68.8% |
| Cash at bank and in hand | 54/58 | €3,099 | €745 | -€2,354 | -76.0% |
| Deferred charges and accrued income | 490/1 | €2,112 | - | -€2,112 | |
| Total equity and liabilities | 10/49 | €50,685 | €77,937 | +€27,252 | +53.8% |
| Equity | 10/15 | €23,866 | €9,051 | -€14,815 | -62.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,806 | €991 | -€14,815 | -93.7% |
| Amounts payable | 17/49 | €26,819 | €68,886 | +€42,068 | +157% |
| Amounts payable after more than one year | 17 | - | €40,000 | +€40,000 | |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €26,819 | €28,886 | +€2,068 | +7.7% |
| Trade debts | 44 | €26,819 | €23,904 | -€2,915 | -10.9% |
| Suppliers | 440/4 | €26,819 | €23,904 | -€2,915 | -10.9% |
| Taxes, remuneration and social security | 45 | - | €662 | +€662 | |
| Taxes | 450/3 | - | €662 | +€662 | |
| Other amounts payable | 47/48 | - | €4,321 | +€4,321 | |
| Remuneration, social security and pensions | 62 | €1,003 | €2,665 | +€1,663 | +166% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,506 | €1,949 | +€444 | +29.5% |
| Other operating charges | 640/8 | €298 | €60 | -€238 | -79.9% |
| Non-recurring operating charges | 66A | - | €24,098 | +€24,098 | |
| Gross operating margin | 9900 | -€4,412 | €23,572 | +€27,984 | |
| Operating profit (loss) | 9901 | -€7,218 | -€5,200 | +€2,018 | +28.0% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.6% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.6% |
| Financial charges | 65/66B | €2,646 | €200 | -€2,446 | -92.4% |
| Recurring financial charges | 65 | €2,646 | €200 | -€2,446 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,859 | -€5,401 | +€4,458 | +45.2% |
| Income taxes | 67/77 | €13 | -€436 | -€449 | |
| Profit (loss) for the period | 9904 | -€9,872 | -€4,965 | +€4,907 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,872 | -€4,965 | +€4,907 | +49.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.