LA TONDREE: 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.
LA TONDREE
Largest movements
- Cash -€44,945
down €44,945 (-89.4%), from €50,285 to €5,340
mainly Contributions, distributions and other (-€56,250) and Debts after one year (-€48,838)
- Receivables within one year +€40,739
up €40,739 (+8,148%), from €500 to €41,239
- Tangible fixed assets -€25,813
down €25,813 (-6.6%), from €389,332 to €363,519
of which Leasing and similar rights: -€25,813
- Debts after one year -€48,838
down €48,838 (-18.5%), from €263,996 to €215,158
- Tax, wage and social debts +€14,963
up €14,963 (+309%), from €4,845 to €19,808
- Gross operating margin -€34,713
down €34,713 (-18.8%), from €185,015 to €150,303
- Taxes -€7,124
down €7,124 (-26.2%), from €27,145 to €20,021
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 | €440,167 | €410,147 | -€30,019 | -6.8% |
| Fixed assets | 21/28 | €389,382 | €363,569 | -€25,813 | -6.6% |
| Tangible fixed assets | 22/27 | €389,332 | €363,519 | -€25,813 | -6.6% |
| Land and buildings | 22 | €13,145 | €13,145 | = | 0.0% |
| Leasing and similar rights | 25 | €376,187 | €350,374 | -€25,813 | -6.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €50,785 | €46,578 | -€4,207 | -8.3% |
| Amounts receivable within one year | 40/41 | €500 | €41,239 | +€40,739 | +8,148% |
| Other amounts receivable | 41 | €500 | €41,239 | +€40,739 | +8,148% |
| Cash at bank and in hand | 54/58 | €50,285 | €5,340 | -€44,945 | -89.4% |
| Total equity and liabilities | 10/49 | €440,167 | €410,147 | -€30,019 | -6.8% |
| Equity | 10/15 | €67,127 | €64,864 | -€2,263 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,676 | €44,413 | -€2,263 | -4.8% |
| Amounts payable | 17/49 | €373,039 | €345,283 | -€27,756 | -7.4% |
| Amounts payable after more than one year | 17 | €263,996 | €215,158 | -€48,838 | -18.5% |
| Financial debts | 170/4 | €263,996 | €215,158 | -€48,838 | -18.5% |
| Amounts payable within one year | 42/48 | €109,043 | €130,125 | +€21,082 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €47,005 | €48,838 | +€1,833 | +3.9% |
| Trade debts | 44 | €4,694 | €5,229 | +€535 | +11.4% |
| Suppliers | 440/4 | €4,694 | €5,229 | +€535 | +11.4% |
| Taxes, remuneration and social security | 45 | €4,845 | €19,808 | +€14,963 | +309% |
| Taxes | 450/3 | €4,845 | €19,808 | +€14,963 | +309% |
| Other amounts payable | 47/48 | €52,500 | €56,250 | +€3,750 | +7.1% |
| Remuneration, social security and pensions | 62 | €23,187 | €24,960 | +€1,772 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,813 | €25,813 | = | 0.0% |
| Other operating charges | 640/8 | €14,218 | €14,376 | +€158 | +1.1% |
| Gross operating margin | 9900 | €185,015 | €150,303 | -€34,713 | -18.8% |
| Operating profit (loss) | 9901 | €121,797 | €85,155 | -€36,643 | -30.1% |
| Financial income | 75/76B | - | €322 | +€322 | |
| Recurring financial income | 75 | - | €322 | +€322 | |
| Financial charges | 65/66B | €13,219 | €11,469 | -€1,750 | -13.2% |
| Recurring financial charges | 65 | €13,219 | €11,469 | -€1,750 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €108,578 | €74,008 | -€34,571 | -31.8% |
| Income taxes | 67/77 | €27,145 | €20,021 | -€7,124 | -26.2% |
| Profit (loss) for the period | 9904 | €81,434 | €53,987 | -€27,447 | -33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,434 | €53,987 | -€27,447 | -33.7% |
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 22 October 2026 via checked.be.