La Tourmaline: what changed
What changed
La Tourmaline
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€56,155
2024 · -€215,051+€158,897
Equity
-€1.4m
2024 · -€1.4m-€56,155
Cash
€57,410
2024 · €9,445+€47,965
Balance sheet total
€16.3m
2024 · €14.6m+€1.6m
Largest movements
Assets
- Stocks and contracts +€1.5m
up €1.5m (+10.3%), from €14.1m to €15.6m
Equity and liabilities
- Short-term financial debts +€7.6m
new in 2025: €7.6m
- Debts after one year -€6.1m
down €6.1m (-38.7%), from €15.7m to €9.6m
- Trade debts +€170,232
up €170,232 (+56.7%), from €300,417 to €470,649
Income statement
- Other operating charges -€149,147
down €149,147 (-91.2%), from €163,550 to €14,403
- Gross operating margin +€7,680
up €7,680 (+15.7%), from -€48,854 to -€41,175
- Financial charges -€2,070
down €2,070 (-78.2%), from €2,647 to €576
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
-€215,051
Gross operating margin
+€7,680
Other operating charges
+€149,147
Financial charges
+€2,070
Result 2025
-€56,155
raises 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
-€1.5m
Investment
€0
Financing
+€1.5m
Cash 2024
€9,445
From operations (derived)
-€1.5m
Net result for the year
-€56,155
Stocks and contracts
-€1.5m
Receivables within one year
-€128,366
Trade debts
+€170,232
Smaller working-capital items
-€8,038
Financing
+€1.5m
Debts after one year
-€6.1m
Short-term financial debts
+€7.6m
Cash 2025
€57,410
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,628,260 | €16,263,385 | +€1.6m | +11.2% |
| Current assets | 29/58 | €14,628,260 | €16,263,385 | +€1.6m | +11.2% |
| Stocks and contracts in progress | 3 | €14,095,743 | €15,554,536 | +€1.5m | +10.3% |
| Stocks | 30/36 | €14,095,743 | €15,554,536 | +€1.5m | +10.3% |
| Amounts receivable within one year | 40/41 | €523,072 | €651,439 | +€128,366 | +24.5% |
| Trade receivables | 40 | - | €6,600 | +€6,600 | |
| Other amounts receivable | 41 | €523,072 | €644,839 | +€121,766 | +23.3% |
| Cash at bank and in hand | 54/58 | €9,445 | €57,410 | +€47,965 | +508% |
| Total equity and liabilities | 10/49 | €14,628,260 | €16,263,385 | +€1.6m | +11.2% |
| Equity | 10/15 | -€1,358,717 | -€1,414,871 | -€56,155 | -4.1% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €234,766 | €234,766 | = | 0.0% |
| Non-distributable reserves | 130/1 | €103,476 | €103,476 | = | 0.0% |
| Legal reserve | 130 | €81,457 | €81,457 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,018 | €22,018 | = | 0.0% |
| Distributable reserves | 133 | €131,291 | €131,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,593,483 | -€3,649,638 | -€56,155 | -1.6% |
| Amounts payable | 17/49 | €15,986,977 | €17,678,257 | +€1.7m | +10.6% |
| Amounts payable after more than one year | 17 | €15,678,060 | €9,607,145 | -€6.1m | -38.7% |
| Financial debts | 170/4 | €15,678,060 | €9,607,145 | -€6.1m | -38.7% |
| Amounts payable within one year | 42/48 | €300,417 | €8,071,111 | +€7.8m | +2,587% |
| Financial debts | 43 | - | €7,600,000 | +€7.6m | |
| Credit institutions | 430/8 | - | €7,600,000 | +€7.6m | |
| Trade debts | 44 | €300,417 | €470,649 | +€170,232 | +56.7% |
| Suppliers | 440/4 | €300,417 | €470,649 | +€170,232 | +56.7% |
| Taxes, remuneration and social security | 45 | - | €462 | +€462 | |
| Taxes | 450/3 | - | €462 | +€462 | |
| Accrued charges and deferred income | 492/3 | €8,500 | - | -€8,500 | |
| Other operating charges | 640/8 | €163,550 | €14,403 | -€149,147 | -91.2% |
| Gross operating margin | 9900 | -€48,854 | -€41,175 | +€7,680 | +15.7% |
| Operating profit (loss) | 9901 | -€212,405 | -€55,578 | +€156,827 | +73.8% |
| Financial charges | 65/66B | €2,647 | €576 | -€2,070 | -78.2% |
| Recurring financial charges | 65 | €2,647 | €576 | -€2,070 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | -€215,051 | -€56,155 | +€158,897 | +73.9% |
| Profit (loss) for the period | 9904 | -€215,051 | -€56,155 | +€158,897 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€215,051 | -€56,155 | +€158,897 | +73.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.