TOUNRO DEV: 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.
TOUNRO DEV
Largest movements
- Tangible fixed assets +€91,892
new in 2025: €91,892
of which Land and buildings: +€58,300
- Cash -€27,958
down €27,958 (-30.5%), from €91,670 to €63,711
mainly Investment in fixed assets (net) (-€108,881) and Contributions, distributions and other (-€12,500)
- Receivables within one year +€9,522
up €9,522 (+71.0%), from €13,416 to €22,938
of which Other amounts receivable: +€22,890
- Reserves +€86,004
new in 2025: €86,004
- Profit (loss) carried forward -€77,042
no longer reported in 2025 (was €77,042)
- Debts after one year +€62,730
new in 2025: €62,730
- Current portion of long-term debt +€11,914
new in 2025: €11,914
- Other debts -€4,966
no longer reported in 2025 (was €4,966)
- Gross operating margin -€29,777
down €29,777 (-37.8%), from €78,763 to €48,986
- Depreciation +€16,989
new in 2025: €16,989
- Taxes -€5,886
down €5,886 (-42.3%), from €13,919 to €8,033
- Financial charges +€1,127
up €1,127 (+69.8%), from €1,613 to €2,740
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.
Cash bridge derived
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 | €105,577 | €179,184 | +€73,607 | +69.7% |
| Fixed assets | 21/28 | - | €91,892 | +€91,892 | |
| Tangible fixed assets | 22/27 | - | €91,892 | +€91,892 | |
| Land and buildings | 22 | - | €58,300 | +€58,300 | |
| Furniture and vehicles | 24 | - | €33,591 | +€33,591 | |
| Current assets | 29/58 | €105,577 | €87,292 | -€18,285 | -17.3% |
| Amounts receivable within one year | 40/41 | €13,416 | €22,938 | +€9,522 | +71.0% |
| Trade receivables | 40 | €13,368 | - | -€13,368 | |
| Other amounts receivable | 41 | €48 | €22,938 | +€22,890 | +47796.8% |
| Cash at bank and in hand | 54/58 | €91,670 | €63,711 | -€27,958 | -30.5% |
| Deferred charges and accrued income | 490/1 | €492 | €643 | +€151 | +30.8% |
| Total equity and liabilities | 10/49 | €105,577 | €179,184 | +€73,607 | +69.7% |
| Equity | 10/15 | €79,042 | €88,004 | +€8,962 | +11.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €86,004 | +€86,004 | |
| Distributable reserves | 133 | - | €86,004 | +€86,004 | |
| Profit (loss) carried forward | 14 | €77,042 | - | -€77,042 | |
| Amounts payable | 17/49 | €26,535 | €91,179 | +€64,644 | +243.6% |
| Amounts payable after more than one year | 17 | - | €62,730 | +€62,730 | |
| Financial debts | 170/4 | - | €62,730 | +€62,730 | |
| Amounts payable within one year | 42/48 | €25,683 | €28,450 | +€2,766 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,914 | +€11,914 | |
| Trade debts | 44 | €77 | - | -€77 | |
| Suppliers | 440/4 | €77 | - | -€77 | |
| Taxes, remuneration and social security | 45 | €20,640 | €16,535 | -€4,104 | -19.9% |
| Taxes | 450/3 | €20,640 | €16,535 | -€4,104 | -19.9% |
| Other amounts payable | 47/48 | €4,966 | - | -€4,966 | |
| Accrued charges and deferred income | 492/3 | €852 | - | -€852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €16,989 | +€16,989 | |
| Other operating charges | 640/8 | - | €415 | +€415 | |
| Gross operating margin | 9900 | €78,763 | €48,986 | -€29,777 | -37.8% |
| Operating profit (loss) | 9901 | €78,763 | €31,581 | -€47,182 | -59.9% |
| Financial income | 75/76B | €0 | €654 | +€654 | +6538900.0% |
| Recurring financial income | 75 | €0 | €654 | +€654 | +6538900.0% |
| Financial charges | 65/66B | €1,613 | €2,740 | +€1,127 | +69.8% |
| Recurring financial charges | 65 | €1,613 | €2,740 | +€1,127 | +69.8% |
| Profit (loss) for the period before taxes | 9903 | €77,150 | €29,495 | -€47,654 | -61.8% |
| Income taxes | 67/77 | €13,919 | €8,033 | -€5,886 | -42.3% |
| Profit (loss) for the period | 9904 | €63,231 | €21,462 | -€41,769 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,231 | €21,462 | -€41,769 | -66.1% |
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 12 October 2026 via checked.be.