Chou & Tournesol: 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.
Chou & Tournesol
Largest movements
- Cash +€28,515
up €28,515 (+401%), from €7,113 to €35,628
mainly Tax, wage and social debts (+€24,404) and Receivables within one year (+€12,642)
- Receivables within one year -€12,642
down €12,642 (-9.4%), from €134,544 to €121,902
- Intangible fixed assets +€1,926
new in 2025: €1,926
- Tax, wage and social debts +€24,404
up €24,404 (+64.5%), from €37,814 to €62,218
of which Remuneration and social security: +€16,884
- Trade debts -€22,044
down €22,044 (-47.5%), from €46,394 to €24,351
- Other debts +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€6,111
up €6,111 (+59.3%), from €10,309 to €16,420
- Staff costs +€207,279
up €207,279 (+723%), from €28,680 to €235,959
- Gross operating margin +€177,540
up €177,540 (+262%), from €67,760 to €245,299
- Financial charges -€17,716
down €17,716 (-99.4%), from €17,830 to €114
of which Non-recurring financial charges: -€15,664
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,109 | €161,581 | +€18,471 | +12.9% |
| Fixed assets | 21/28 | €95 | €2,021 | +€1,926 | +2,028% |
| Intangible fixed assets | 21 | - | €1,926 | +€1,926 | |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €143,014 | €159,560 | +€16,545 | +11.6% |
| Amounts receivable within one year | 40/41 | €134,544 | €121,902 | -€12,642 | -9.4% |
| Trade receivables | 40 | €134,544 | €121,902 | -€12,642 | -9.4% |
| Cash at bank and in hand | 54/58 | €7,113 | €35,628 | +€28,515 | +401% |
| Deferred charges and accrued income | 490/1 | €1,357 | €2,029 | +€672 | +49.5% |
| Total equity and liabilities | 10/49 | €143,109 | €161,581 | +€18,471 | +12.9% |
| Equity | 10/15 | €58,901 | €65,012 | +€6,111 | +10.4% |
| Contributions | 10/11 | €48,592 | €48,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,309 | €16,420 | +€6,111 | +59.3% |
| Amounts payable | 17/49 | €84,209 | €96,569 | +€12,360 | +14.7% |
| Amounts payable within one year | 42/48 | €84,209 | €96,569 | +€12,360 | +14.7% |
| Trade debts | 44 | €46,394 | €24,351 | -€22,044 | -47.5% |
| Suppliers | 440/4 | €46,394 | €24,351 | -€22,044 | -47.5% |
| Taxes, remuneration and social security | 45 | €37,814 | €62,218 | +€24,404 | +64.5% |
| Taxes | 450/3 | €20,484 | €28,004 | +€7,520 | +36.7% |
| Remuneration and social security | 454/9 | €17,331 | €34,214 | +€16,884 | +97.4% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €28,680 | €235,959 | +€207,279 | +723% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €57 | +€57 | |
| Other operating charges | 640/8 | €810 | €417 | -€393 | -48.5% |
| Gross operating margin | 9900 | €67,760 | €245,299 | +€177,540 | +262% |
| Operating profit (loss) | 9901 | €38,269 | €8,866 | -€29,403 | -76.8% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €17,830 | €114 | -€17,716 | -99.4% |
| Recurring financial charges | 65 | €2,166 | €114 | -€2,052 | -94.7% |
| Non-recurring financial charges | 66B | €15,664 | - | -€15,664 | |
| Profit (loss) for the period before taxes | 9903 | €20,439 | €8,812 | -€11,627 | -56.9% |
| Income taxes | 67/77 | €3,870 | €2,701 | -€1,169 | -30.2% |
| Profit (loss) for the period | 9904 | €16,569 | €6,111 | -€10,458 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,569 | €6,111 | -€10,458 | -63.1% |
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 28 October 2026 via checked.be.