TOUR AMICAL: 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.
TOUR AMICAL
Largest movements
- Deferred charges and accrued income -€443,954
down €443,954 (-60.9%), from €729,327 to €285,373
- Receivables within one year -€370,911
down €370,911 (-76.6%), from €484,254 to €113,343
of which Trade receivables: -€374,689
- Cash +€78,641
up €78,641 (+14.0%), from €560,937 to €639,578
mainly Deferred charges and accrued income (+€443,954) and Receivables within one year (+€370,911)
- Tangible fixed assets -€46,855
down €46,855 (-20.6%), from €227,007 to €180,152
of which Land and buildings: -€37,103
- Advances received -€458,010
down €458,010 (-37.9%), from €1.2m to €751,210
- Debts after one year -€137,543
no longer reported in 2025 (was €137,543)
- Trade debts -€122,534
down €122,534 (-34.5%), from €355,151 to €232,617
- Profit (loss) carried forward -€52,556
down €52,556 (-121%), from -€43,419 to -€95,975
- Gross operating margin -€70,408
down €70,408 (-72.7%), from €96,832 to €26,424
- Other operating charges -€17,029
down €17,029 (-78.7%), from €21,642 to €4,613
- Financial charges -€9,767
down €9,767 (-46.3%), from €21,074 to €11,306
of which Financial charges: -€6,478
- Depreciation -€7,671
down €7,671 (-11.0%), from €69,918 to €62,247
- Taxes -€1,262
down €1,262 (-79.9%), from €1,580 to €318
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 | €2,003,131 | €1,220,052 | -€783,079 | -39.1% |
| Fixed assets | 21/28 | €227,007 | €180,152 | -€46,855 | -20.6% |
| Tangible fixed assets | 22/27 | €227,007 | €180,152 | -€46,855 | -20.6% |
| Land and buildings | 22 | €51,692 | €14,589 | -€37,103 | -71.8% |
| Plant, machinery and equipment | 23 | €4,458 | €2,096 | -€2,363 | -53.0% |
| Furniture and vehicles | 24 | €47,106 | €39,716 | -€7,390 | -15.7% |
| Other tangible fixed assets | 26 | €123,751 | €123,751 | = | 0.0% |
| Current assets | 29/58 | €1,776,124 | €1,039,901 | -€736,223 | -41.5% |
| Amounts receivable within one year | 40/41 | €484,254 | €113,343 | -€370,911 | -76.6% |
| Trade receivables | 40 | €395,689 | €21,000 | -€374,689 | -94.7% |
| Other amounts receivable | 41 | €88,565 | €92,343 | +€3,778 | +4.3% |
| Current investments | 50/53 | €1,607 | €1,607 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €560,937 | €639,578 | +€78,641 | +14.0% |
| Deferred charges and accrued income | 490/1 | €729,327 | €285,373 | -€443,954 | -60.9% |
| Total equity and liabilities | 10/49 | €2,003,131 | €1,220,052 | -€783,079 | -39.1% |
| Equity | 10/15 | €131,480 | €78,924 | -€52,556 | -40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,299 | €156,299 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,753 | €18,753 | = | 0.0% |
| Distributable reserves | 133 | €135,686 | €135,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,419 | -€95,975 | -€52,556 | -121% |
| Amounts payable | 17/49 | €1,871,651 | €1,141,128 | -€730,523 | -39.0% |
| Amounts payable after more than one year | 17 | €137,543 | - | -€137,543 | |
| Financial debts | 170/4 | €137,543 | - | -€137,543 | |
| Amounts payable within one year | 42/48 | €1,734,108 | €1,141,128 | -€592,980 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €152,391 | €137,839 | -€14,552 | -9.5% |
| Financial debts | 43 | €9,421 | €5,903 | -€3,519 | -37.3% |
| Credit institutions | 430/8 | €9,421 | €5,903 | -€3,519 | -37.3% |
| Trade debts | 44 | €355,151 | €232,617 | -€122,534 | -34.5% |
| Suppliers | 440/4 | €355,151 | €232,617 | -€122,534 | -34.5% |
| Advances received on contracts in progress | 46 | €1,209,220 | €751,210 | -€458,010 | -37.9% |
| Taxes, remuneration and social security | 45 | €3,335 | €334 | -€3,001 | -90.0% |
| Taxes | 450/3 | €1,580 | €334 | -€1,246 | -78.9% |
| Remuneration and social security | 454/9 | €1,755 | - | -€1,755 | |
| Other amounts payable | 47/48 | €4,590 | €13,226 | +€8,636 | +188% |
| Non-recurring operating income | 76A | €14,386 | €9,132 | -€5,254 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,918 | €62,247 | -€7,671 | -11.0% |
| Other operating charges | 640/8 | €21,642 | €4,613 | -€17,029 | -78.7% |
| Non-recurring operating charges | 66A | €3,289 | €500 | -€2,789 | -84.8% |
| Gross operating margin | 9900 | €96,832 | €26,424 | -€70,408 | -72.7% |
| Operating profit (loss) | 9901 | €1,983 | -€40,937 | -€42,920 | |
| Financial income | 75/76B | €10 | €5 | -€5 | -49.7% |
| Recurring financial income | 75 | €10 | €5 | -€5 | -49.7% |
| Financial charges | 65/66B | €21,074 | €11,306 | -€9,767 | -46.3% |
| Recurring financial charges | 65 | €17,785 | €11,306 | -€6,478 | -36.4% |
| Non-recurring financial charges | 66B | €3,289 | - | -€3,289 | |
| Profit (loss) for the period before taxes | 9903 | -€19,080 | -€52,238 | -€33,158 | -174% |
| Income taxes | 67/77 | €1,580 | €318 | -€1,262 | -79.9% |
| Profit (loss) for the period | 9904 | -€20,660 | -€52,556 | -€31,895 | -154% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,660 | -€52,556 | -€31,895 | -154% |
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 29 October 2026 via checked.be.