LA TOUR: 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 TOUR
Largest movements
- Cash +€376,657
up €376,657 (+4,053%), from €9,294 to €385,951
mainly Net result for the year (+€247,108) and Tax, wage and social debts (+€121,644)
- Tangible fixed assets -€21,990
down €21,990 (-26.9%), from €81,889 to €59,899
of which Plant, machinery and equipment: -€37,883
- Reserves +€247,108
up €247,108 (+13,285%), from €1,860 to €248,968
- Tax, wage and social debts +€121,644
new in 2025: €121,644
- Other debts -€9,586
down €9,586 (-99.5%), from €9,632 to €46
- Revaluation surpluses -€8,676
down €8,676 (-70.0%), from €12,395 to €3,718
- Gross operating margin +€370,944
up €370,944 (+2,419%), from €15,332 to €386,276
- Taxes +€121,644
new in 2025: €121,644
- Other operating charges +€6,081
up €6,081 (+55.9%), from €10,872 to €16,953
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 | €95,409 | €445,850 | +€350,441 | +367% |
| Fixed assets | 21/28 | €86,115 | €59,899 | -€26,216 | -30.4% |
| Tangible fixed assets | 22/27 | €81,889 | €59,899 | -€21,990 | -26.9% |
| Land and buildings | 22 | €44,006 | €42,333 | -€1,673 | -3.8% |
| Plant, machinery and equipment | 23 | €37,883 | - | -€37,883 | |
| Furniture and vehicles | 24 | - | €17,566 | +€17,566 | |
| Financial fixed assets | 28 | €4,227 | - | -€4,227 | |
| Current assets | 29/58 | €9,294 | €385,951 | +€376,657 | +4,053% |
| Cash at bank and in hand | 54/58 | €9,294 | €385,951 | +€376,657 | +4,053% |
| Total equity and liabilities | 10/49 | €95,409 | €445,850 | +€350,441 | +367% |
| Equity | 10/15 | €84,994 | €323,425 | +€238,431 | +281% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Revaluation surpluses | 12 | €12,395 | €3,718 | -€8,676 | -70.0% |
| Reserves | 13 | €1,860 | €248,968 | +€247,108 | +13,285% |
| Distributable reserves | 133 | €1,860 | €248,968 | +€247,108 | +13,285% |
| Profit (loss) carried forward | 14 | €52,147 | €52,147 | = | 0.0% |
| Amounts payable | 17/49 | €10,415 | €122,425 | +€112,009 | +1,075% |
| Amounts payable within one year | 42/48 | €9,680 | €121,690 | +€112,009 | +1,157% |
| Trade debts | 44 | €48 | - | -€48 | |
| Suppliers | 440/4 | €48 | - | -€48 | |
| Taxes, remuneration and social security | 45 | - | €121,644 | +€121,644 | |
| Taxes | 450/3 | - | €121,644 | +€121,644 | |
| Other amounts payable | 47/48 | €9,632 | €46 | -€9,586 | -99.5% |
| Accrued charges and deferred income | 492/3 | €735 | €735 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €424 | -€1,570 | -78.7% |
| Other operating charges | 640/8 | €10,872 | €16,953 | +€6,081 | +55.9% |
| Gross operating margin | 9900 | €15,332 | €386,276 | +€370,944 | +2,419% |
| Operating profit (loss) | 9901 | €2,466 | €368,899 | +€366,433 | +14,859% |
| Financial charges | 65/66B | €142 | €148 | +€6 | +4.2% |
| Recurring financial charges | 65 | €142 | €148 | +€6 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €2,324 | €368,752 | +€366,427 | +15,765% |
| Income taxes | 67/77 | - | €121,644 | +€121,644 | |
| Profit (loss) for the period | 9904 | €2,324 | €247,108 | +€244,783 | +10,531% |
| Profit (loss) for the period to be appropriated | 9905 | €2,324 | €247,108 | +€244,783 | +10,531% |
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 19 October 2026 via checked.be.