TOOR GURMAN: 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.
TOOR GURMAN
Largest movements
- Cash +€27,517
up €27,517 (+172%), from €16,023 to €43,540
mainly Net result for the year (+€12,801) and Stocks and contracts (+€11,911)
- Stocks and contracts -€11,911
down €11,911 (-51.6%), from €23,081 to €11,170
- Receivables within one year +€11,645
up €11,645 (+600%), from €1,939 to €13,584
of which Trade receivables: +€12,111
- Tangible fixed assets -€1,602
down €1,602 (-73.2%), from €2,189 to €587
- Profit (loss) carried forward +€12,801
up €12,801 (+38.1%), from €33,567 to €46,368
- Trade debts +€9,828
new in 2025: €9,828
- Tax, wage and social debts +€3,433
up €3,433 (+95.7%), from €3,586 to €7,019
of which Taxes: +€3,433
- Current portion of long-term debt -€3,231
down €3,231 (-83.2%), from €3,882 to €651
- Other debts +€2,836
new in 2025: €2,836
- Purchases and services -€33,858
down €33,858 (-18.3%), from €185,029 to €151,171
- Turnover -€32,819
down €32,819 (-16.0%), from €205,581 to €172,762
- Depreciation -€5,571
down €5,571 (-77.7%), from €7,173 to €1,602
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 | €43,994 | €69,010 | +€25,016 | +56.9% |
| Fixed assets | 21/28 | €2,189 | €587 | -€1,602 | -73.2% |
| Tangible fixed assets | 22/27 | €2,189 | €587 | -€1,602 | -73.2% |
| Furniture and vehicles | 24 | €2,189 | €587 | -€1,602 | -73.2% |
| Current assets | 29/58 | €41,805 | €68,423 | +€26,618 | +63.7% |
| Stocks and contracts in progress | 3 | €23,081 | €11,170 | -€11,911 | -51.6% |
| Stocks | 30/36 | €23,081 | €11,170 | -€11,911 | -51.6% |
| Amounts receivable within one year | 40/41 | €1,939 | €13,584 | +€11,645 | +600% |
| Trade receivables | 40 | €1,429 | €13,540 | +€12,111 | +847% |
| Other amounts receivable | 41 | €510 | €44 | -€466 | -91.3% |
| Cash at bank and in hand | 54/58 | €16,023 | €43,540 | +€27,517 | +172% |
| Deferred charges and accrued income | 490/1 | €762 | €129 | -€633 | -83.1% |
| Total equity and liabilities | 10/49 | €43,994 | €69,010 | +€25,016 | +56.9% |
| Equity | 10/15 | €35,875 | €48,676 | +€12,801 | +35.7% |
| Contributions | 10/11 | €1,240 | €1,240 | = | 0.0% |
| Contributions outside capital | 11 | €1,240 | - | -€1,240 | |
| Other | 1109/19 | €1,240 | - | -€1,240 | |
| Reserves | 13 | €1,068 | €1,068 | = | 0.0% |
| Distributable reserves | 133 | €1,068 | €1,068 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,567 | €46,368 | +€12,801 | +38.1% |
| Amounts payable | 17/49 | €8,119 | €20,334 | +€12,215 | +150% |
| Amounts payable after more than one year | 17 | €651 | - | -€651 | |
| Financial debts | 170/4 | €651 | - | -€651 | |
| Amounts payable within one year | 42/48 | €7,468 | €20,334 | +€12,866 | +172% |
| Current portion of amounts payable after more than one year | 42 | €3,882 | €651 | -€3,231 | -83.2% |
| Trade debts | 44 | - | €9,828 | +€9,828 | |
| Suppliers | 440/4 | - | €9,828 | +€9,828 | |
| Taxes, remuneration and social security | 45 | €3,586 | €7,019 | +€3,433 | +95.7% |
| Taxes | 450/3 | €1,786 | €5,219 | +€3,433 | +192% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2,836 | +€2,836 | |
| Turnover | 70 | €205,581 | €172,762 | -€32,819 | -16.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €185,029 | €151,171 | -€33,858 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,173 | €1,602 | -€5,571 | -77.7% |
| Other operating charges | 640/8 | €2,819 | €2,612 | -€206 | -7.3% |
| Gross operating margin | 9900 | €20,660 | €21,709 | +€1,048 | +5.1% |
| Operating profit (loss) | 9901 | €10,669 | €17,494 | +€6,826 | +64.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,859 | €1,261 | -€598 | -32.2% |
| Recurring financial charges | 65 | €1,859 | €1,261 | -€598 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €8,810 | €16,233 | +€7,424 | +84.3% |
| Income taxes | 67/77 | €1,946 | €3,433 | +€1,486 | +76.4% |
| Profit (loss) for the period | 9904 | €6,864 | €12,801 | +€5,937 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,864 | €12,801 | +€5,937 | +86.5% |
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 18 October 2026 via checked.be.