FINIMMO TOURMALET: what changed
What changed
FINIMMO TOURMALET
NACE 16.110, Sawmilling and planing of wood
filed annual accounts (NBB)
Net result for the year
€528,775
2024 · €463,473+€65,302
Equity
€6.8m
2024 · €6.8m+€3,775
Cash
€11,512
2024 · €453,749-€442,237
Balance sheet total
€18.6m
2024 · €18.6m+€27,941
Largest movements
Assets
- Tangible fixed assets +€608,182
up €608,182 (+4.7%), from €12.9m to €13.5m
- Cash -€442,237
down €442,237 (-97.5%), from €453,749 to €11,512
mainly Investment in fixed assets (net) (-€1.1m) and Contributions, distributions and other (-€525,000)
Equity and liabilities
- Other debts -€295,000
down €295,000 (-13.3%), from €2.2m to €1.9m
- Debts after one year +€254,627
up €254,627 (+2.9%), from €8.8m to €9.0m
of which Financial debts: +€254,627
Income statement
- Financial charges -€33,647
down €33,647 (-8.5%), from €395,573 to €361,926
- Financial income +€27,442
up €27,442 (+13.1%), from €208,746 to €236,188
- Gross operating margin +€25,903
up €25,903 (+1.9%), from €1.3m to €1.4m
- Depreciation +€23,590
up €23,590 (+5.0%), from €468,705 to €492,294
- Other operating charges -€14,099
down €14,099 (-20.6%), from €68,555 to €54,456
Change in the result, 2024 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.
Result 2024
€463,473
Gross operating margin
+€25,903
Staff costs
-€1,477
Depreciation
-€23,590
Other operating charges
+€14,099
Financial income
+€27,442
Financial charges
+€33,647
Taxes
-€10,722
Result 2025
€528,775
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€853,057
Investment
-€1.1m
Financing
-€194,818
Cash 2024
€453,749
From operations (derived)
+€853,057
Net result for the year
+€528,775
Depreciation
+€492,294
Receivables within one year
+€119,065
Deferred charges and accrued income
+€18,939
Trade debts
+€41,606
Tax, wage and social debts
-€6,650
Other debts
-€295,000
Accrued charges and deferred income
-€45,971
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€194,818
Debts after one year
+€254,627
Current portion of long-term debt
+€75,555
Contributions, distributions and other
-€525,000
Cash 2025
€11,512
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,587,918 | €18,615,859 | +€27,941 | +0.2% |
| Fixed assets | 21/28 | €17,090,015 | €17,698,197 | +€608,182 | +3.6% |
| Tangible fixed assets | 22/27 | €12,902,942 | €13,511,124 | +€608,182 | +4.7% |
| Land and buildings | 22 | €12,902,942 | €13,511,124 | +€608,182 | +4.7% |
| Financial fixed assets | 28 | €4,187,073 | €4,187,073 | = | 0.0% |
| Current assets | 29/58 | €1,497,903 | €917,662 | -€580,241 | -38.7% |
| Amounts receivable within one year | 40/41 | €1,008,992 | €889,927 | -€119,065 | -11.8% |
| Trade receivables | 40 | €40,242 | €136,309 | +€96,066 | +239% |
| Other amounts receivable | 41 | €968,750 | €753,618 | -€215,131 | -22.2% |
| Cash at bank and in hand | 54/58 | €453,749 | €11,512 | -€442,237 | -97.5% |
| Deferred charges and accrued income | 490/1 | €35,162 | €16,223 | -€18,939 | -53.9% |
| Total equity and liabilities | 10/49 | €18,587,918 | €18,615,859 | +€27,941 | +0.2% |
| Equity | 10/15 | €6,788,496 | €6,792,271 | +€3,775 | +0.1% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €5,888,496 | €5,892,271 | +€3,775 | +0.1% |
| Non-distributable reserves | 130/1 | €176,000 | €176,000 | = | 0.0% |
| Legal reserve | 130 | €176,000 | €176,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €5,656,246 | €5,660,021 | +€3,775 | +0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,799,422 | €11,823,588 | +€24,166 | +0.2% |
| Amounts payable after more than one year | 17 | €8,777,311 | €9,031,937 | +€254,627 | +2.9% |
| Financial debts | 170/4 | €8,605,561 | €8,860,187 | +€254,627 | +3.0% |
| Other amounts payable | 178/9 | €171,750 | €171,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,953,080 | €2,768,590 | -€184,489 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €669,818 | €745,373 | +€75,555 | +11.3% |
| Trade debts | 44 | €55,110 | €96,715 | +€41,606 | +75.5% |
| Suppliers | 440/4 | €55,110 | €96,715 | +€41,606 | +75.5% |
| Taxes, remuneration and social security | 45 | €18,152 | €11,502 | -€6,650 | -36.6% |
| Taxes | 450/3 | €6,651 | €2,265 | -€4,386 | -65.9% |
| Remuneration and social security | 454/9 | €11,501 | €9,237 | -€2,264 | -19.7% |
| Other amounts payable | 47/48 | €2,210,000 | €1,915,000 | -€295,000 | -13.3% |
| Accrued charges and deferred income | 492/3 | €69,032 | €23,060 | -€45,971 | -66.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €59,881 | €61,359 | +€1,477 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €468,705 | €492,294 | +€23,590 | +5.0% |
| Other operating charges | 640/8 | €68,555 | €54,456 | -€14,099 | -20.6% |
| Gross operating margin | 9900 | €1,345,588 | €1,371,491 | +€25,903 | +1.9% |
| Operating profit (loss) | 9901 | €748,447 | €763,382 | +€14,935 | +2.0% |
| Financial income | 75/76B | €208,746 | €236,188 | +€27,442 | +13.1% |
| Recurring financial income | 75 | €208,746 | €236,188 | +€27,442 | +13.1% |
| Financial charges | 65/66B | €395,573 | €361,926 | -€33,647 | -8.5% |
| Recurring financial charges | 65 | €395,573 | €361,926 | -€33,647 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €561,620 | €637,644 | +€76,024 | +13.5% |
| Income taxes | 67/77 | €98,147 | €108,870 | +€10,722 | +10.9% |
| Profit (loss) for the period | 9904 | €463,473 | €528,775 | +€65,302 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €463,473 | €528,775 | +€65,302 | +14.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.