ZEILMAKERIJ TOUSSEIN: 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.
ZEILMAKERIJ TOUSSEIN
Largest movements
- Tangible fixed assets +€28,145
up €28,145 (+12.3%), from €228,796 to €256,942
of which Furniture and vehicles: +€47,195
- Cash +€25,209
up €25,209 (+36.5%), from €69,100 to €94,309
mainly Net result for the year (+€75,761) and Other debts (+€26,310)
- Reserves +€34,556
up €34,556 (+20.7%), from €166,821 to €201,377
- Other debts +€26,310
up €26,310 (+111%), from €23,806 to €50,116
- Debts after one year -€15,033
down €15,033 (-11.8%), from €127,374 to €112,342
- Gross operating margin +€40,785
up €40,785 (+28.2%), from €144,440 to €185,226
- Taxes +€12,022
up €12,022 (+69.6%), from €17,263 to €29,285
- Staff costs -€5,643
down €5,643 (-10.8%), from €52,399 to €46,755
- Depreciation +€2,777
up €2,777 (+14.2%), from €19,572 to €22,349
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,413 | €400,385 | +€52,972 | +15.2% |
| Fixed assets | 21/28 | €228,796 | €256,942 | +€28,145 | +12.3% |
| Tangible fixed assets | 22/27 | €228,796 | €256,942 | +€28,145 | +12.3% |
| Land and buildings | 22 | €228,796 | €209,746 | -€19,050 | -8.3% |
| Furniture and vehicles | 24 | €0 | €47,195 | +€47,195 | |
| Current assets | 29/58 | €118,617 | €143,444 | +€24,827 | +20.9% |
| Stocks and contracts in progress | 3 | €37,405 | €35,428 | -€1,977 | -5.3% |
| Stocks | 30/36 | €37,405 | €35,428 | -€1,977 | -5.3% |
| Amounts receivable within one year | 40/41 | €7,829 | €9,110 | +€1,281 | +16.4% |
| Trade receivables | 40 | €4,516 | €8,292 | +€3,775 | +83.6% |
| Other amounts receivable | 41 | €3,312 | €818 | -€2,494 | -75.3% |
| Cash at bank and in hand | 54/58 | €69,100 | €94,309 | +€25,209 | +36.5% |
| Deferred charges and accrued income | 490/1 | €4,283 | €4,596 | +€313 | +7.3% |
| Total equity and liabilities | 10/49 | €347,413 | €400,385 | +€52,972 | +15.2% |
| Equity | 10/15 | €171,111 | €205,667 | +€34,556 | +20.2% |
| Contributions | 10/11 | €4,290 | €4,290 | = | 0.0% |
| Reserves | 13 | €166,821 | €201,377 | +€34,556 | +20.7% |
| Distributable reserves | 133 | €166,821 | €201,377 | +€34,556 | +20.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €176,302 | €194,718 | +€18,416 | +10.4% |
| Amounts payable after more than one year | 17 | €127,374 | €112,342 | -€15,033 | -11.8% |
| Financial debts | 170/4 | €127,374 | €112,342 | -€15,033 | -11.8% |
| Amounts payable within one year | 42/48 | €48,668 | €82,106 | +€33,438 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €14,324 | €15,033 | +€709 | +4.9% |
| Financial debts | 43 | €255 | €1,503 | +€1,248 | +490% |
| Credit institutions | 430/8 | €255 | €1,503 | +€1,248 | +490% |
| Trade debts | 44 | €2,334 | €5,606 | +€3,272 | +140% |
| Suppliers | 440/4 | €2,334 | €5,606 | +€3,272 | +140% |
| Taxes, remuneration and social security | 45 | €7,949 | €9,848 | +€1,900 | +23.9% |
| Taxes | 450/3 | €2,083 | €5,501 | +€3,419 | +164% |
| Remuneration and social security | 454/9 | €5,866 | €4,347 | -€1,519 | -25.9% |
| Other amounts payable | 47/48 | €23,806 | €50,116 | +€26,310 | +111% |
| Accrued charges and deferred income | 492/3 | €259 | €270 | +€11 | +4.2% |
| Non-recurring operating income | 76A | - | €45,000 | +€45,000 | |
| Remuneration, social security and pensions | 62 | €52,399 | €46,755 | -€5,643 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,572 | €22,349 | +€2,777 | +14.2% |
| Other operating charges | 640/8 | €3,664 | €4,170 | +€506 | +13.8% |
| Gross operating margin | 9900 | €144,440 | €185,226 | +€40,785 | +28.2% |
| Operating profit (loss) | 9901 | €68,807 | €111,952 | +€43,146 | +62.7% |
| Financial income | 75/76B | €703 | €364 | -€339 | -48.2% |
| Recurring financial income | 75 | €703 | €364 | -€339 | -48.2% |
| Financial charges | 65/66B | €7,849 | €7,269 | -€580 | -7.4% |
| Recurring financial charges | 65 | €7,849 | €7,269 | -€580 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €61,660 | €105,047 | +€43,387 | +70.4% |
| Income taxes | 67/77 | €17,263 | €29,285 | +€12,022 | +69.6% |
| Profit (loss) for the period | 9904 | €44,397 | €75,761 | +€31,364 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,397 | €75,761 | +€31,364 | +70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.