COLOR-TOURNAI: 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.
COLOR-TOURNAI
Largest movements
- Cash +€44,260
up €44,260 (+298%), from €14,848 to €59,109
mainly Trade debts (+€59,693) and Depreciation (+€38,519)
- Tangible fixed assets -€28,045
down €28,045 (-7.9%), from €355,312 to €327,267
of which Furniture and vehicles: -€21,814
- Receivables within one year -€21,077
down €21,077 (-47.3%), from €44,524 to €23,446
of which Trade receivables: -€23,025
- Trade debts +€59,693
up €59,693 (+59.9%), from €99,646 to €159,339
- Debts after one year -€25,288
down €25,288 (-18.2%), from €139,219 to €113,930
- Tax, wage and social debts -€17,646
down €17,646 (-49.8%), from €35,404 to €17,758
of which Remuneration and social security: -€10,643
- Reserves -€13,795
down €13,795 (-10.5%), from €131,860 to €118,065
- Short-term financial debts -€8,000
no longer reported in 2025 (was €8,000)
- Gross operating margin -€15,846
down €15,846 (-10.7%), from €147,623 to €131,776
- Depreciation +€3,223
up €3,223 (+9.1%), from €35,296 to €38,519
- Staff costs -€2,165
down €2,165 (-2.4%), from €88,844 to €86,679
- Other operating charges +€1,690
up €1,690 (+25.4%), from €6,651 to €8,341
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 | €527,224 | €526,091 | -€1,132 | -0.2% |
| Fixed assets | 21/28 | €355,349 | €327,304 | -€28,045 | -7.9% |
| Tangible fixed assets | 22/27 | €355,312 | €327,267 | -€28,045 | -7.9% |
| Land and buildings | 22 | €134,293 | €131,479 | -€2,814 | -2.1% |
| Plant, machinery and equipment | 23 | €27,219 | €24,644 | -€2,574 | -9.5% |
| Furniture and vehicles | 24 | €189,955 | €168,141 | -€21,814 | -11.5% |
| Other tangible fixed assets | 26 | €3,846 | €3,002 | -€843 | -21.9% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €171,875 | €198,787 | +€26,913 | +15.7% |
| Stocks and contracts in progress | 3 | €104,169 | €105,228 | +€1,059 | +1.0% |
| Stocks | 30/36 | €104,169 | €105,228 | +€1,059 | +1.0% |
| Amounts receivable within one year | 40/41 | €44,524 | €23,446 | -€21,077 | -47.3% |
| Trade receivables | 40 | €40,123 | €17,098 | -€23,025 | -57.4% |
| Other amounts receivable | 41 | €4,400 | €6,348 | +€1,948 | +44.3% |
| Cash at bank and in hand | 54/58 | €14,848 | €59,109 | +€44,260 | +298% |
| Deferred charges and accrued income | 490/1 | €8,334 | €11,004 | +€2,671 | +32.1% |
| Total equity and liabilities | 10/49 | €527,224 | €526,091 | -€1,132 | -0.2% |
| Equity | 10/15 | €174,091 | €158,097 | -€15,995 | -9.2% |
| Contributions | 10/11 | €27,479 | €27,479 | = | 0.0% |
| Contributions outside capital | 11 | €27,479 | - | -€27,479 | |
| Other | 1109/19 | €27,479 | - | -€27,479 | |
| Reserves | 13 | €131,860 | €118,065 | -€13,795 | -10.5% |
| Distributable reserves | 133 | €131,860 | €118,065 | -€13,795 | -10.5% |
| Investment grants | 15 | €14,753 | €12,553 | -€2,200 | -14.9% |
| Amounts payable | 17/49 | €353,132 | €367,995 | +€14,863 | +4.2% |
| Amounts payable after more than one year | 17 | €139,219 | €113,930 | -€25,288 | -18.2% |
| Financial debts | 170/4 | €139,219 | €113,930 | -€25,288 | -18.2% |
| Amounts payable within one year | 42/48 | €213,914 | €254,064 | +€40,151 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €32,051 | €37,537 | +€5,486 | +17.1% |
| Financial debts | 43 | €8,000 | - | -€8,000 | |
| Credit institutions | 430/8 | €8,000 | - | -€8,000 | |
| Trade debts | 44 | €99,646 | €159,339 | +€59,693 | +59.9% |
| Suppliers | 440/4 | €99,646 | €159,339 | +€59,693 | +59.9% |
| Advances received on contracts in progress | 46 | €7,069 | €7,827 | +€758 | +10.7% |
| Taxes, remuneration and social security | 45 | €35,404 | €17,758 | -€17,646 | -49.8% |
| Taxes | 450/3 | €11,953 | €4,950 | -€7,002 | -58.6% |
| Remuneration and social security | 454/9 | €23,451 | €12,808 | -€10,643 | -45.4% |
| Other amounts payable | 47/48 | €31,744 | €31,603 | -€140 | -0.4% |
| Remuneration, social security and pensions | 62 | €88,844 | €86,679 | -€2,165 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,296 | €38,519 | +€3,223 | +9.1% |
| Other operating charges | 640/8 | €6,651 | €8,341 | +€1,690 | +25.4% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | €147,623 | €131,776 | -€15,846 | -10.7% |
| Operating profit (loss) | 9901 | €16,631 | -€1,763 | -€18,394 | |
| Financial income | 75/76B | €1,950 | €2,230 | +€280 | +14.4% |
| Recurring financial income | 75 | €1,950 | €2,230 | +€280 | +14.4% |
| Financial charges | 65/66B | €13,222 | €14,262 | +€1,041 | +7.9% |
| Recurring financial charges | 65 | €13,222 | €14,262 | +€1,041 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €5,360 | -€13,795 | -€19,154 | |
| Income taxes | 67/77 | -€1,189 | - | +€1,189 | |
| Profit (loss) for the period | 9904 | €6,549 | -€13,795 | -€20,343 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,549 | -€13,795 | -€20,343 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.