Tourelle Realty: 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.
Tourelle Realty
Largest movements
- Receivables within one year +€68,976
up €68,976 (+111%), from €62,412 to €131,388
of which Trade receivables: +€58,383
- Cash +€12,470
up €12,470 (+473%), from €2,635 to €15,104
mainly Trade debts (+€185,223) and Other debts (+€86,344)
- Deferred charges and accrued income -€2,900
no longer reported in 2024 (was €2,900)
- Tangible fixed assets -€2,713
down €2,713 (-32.8%), from €8,261 to €5,548
- Trade debts +€185,223
up €185,223 (+696%), from €26,604 to €211,828
- Profit (loss) carried forward -€128,243
down €128,243 (-21.8%), from -€587,773 to -€716,016
- Other debts +€86,344
up €86,344 (+15.6%), from €552,011 to €638,355
- Tax, wage and social debts -€65,845
down €65,845 (-92.3%), from €71,319 to €5,474
of which Taxes: -€64,570
- Gross operating margin -€85,347
down €85,347, from €2,057 to -€83,290
- Other operating charges +€1,888
up €1,888 (+61.6%), from €3,066 to €4,954
- Taxes -€1,305
down €1,305, from €705 to -€600
- Staff costs +€949
up €949 (+2.6%), from €36,639 to €37,587
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,207 | €152,040 | +€75,833 | +99.5% |
| Fixed assets | 21/28 | €8,261 | €5,548 | -€2,713 | -32.8% |
| Tangible fixed assets | 22/27 | €8,261 | €5,548 | -€2,713 | -32.8% |
| Furniture and vehicles | 24 | €8,261 | €5,548 | -€2,713 | -32.8% |
| Current assets | 29/58 | €67,946 | €146,492 | +€78,545 | +116% |
| Amounts receivable within one year | 40/41 | €62,412 | €131,388 | +€68,976 | +111% |
| Trade receivables | 40 | €62,412 | €120,795 | +€58,383 | +93.5% |
| Other amounts receivable | 41 | - | €10,593 | +€10,593 | |
| Cash at bank and in hand | 54/58 | €2,635 | €15,104 | +€12,470 | +473% |
| Deferred charges and accrued income | 490/1 | €2,900 | - | -€2,900 | |
| Total equity and liabilities | 10/49 | €76,207 | €152,040 | +€75,833 | +99.5% |
| Equity | 10/15 | -€575,373 | -€703,616 | -€128,243 | -22.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€587,773 | -€716,016 | -€128,243 | -21.8% |
| Amounts payable | 17/49 | €651,581 | €855,656 | +€204,076 | +31.3% |
| Amounts payable within one year | 42/48 | €651,155 | €855,656 | +€204,501 | +31.4% |
| Financial debts | 43 | €1,221 | - | -€1,221 | |
| Credit institutions | 430/8 | €1,221 | - | -€1,221 | |
| Trade debts | 44 | €26,604 | €211,828 | +€185,223 | +696% |
| Suppliers | 440/4 | €26,604 | €211,828 | +€185,223 | +696% |
| Taxes, remuneration and social security | 45 | €71,319 | €5,474 | -€65,845 | -92.3% |
| Taxes | 450/3 | €64,570 | - | -€64,570 | |
| Remuneration and social security | 454/9 | €6,748 | €5,474 | -€1,274 | -18.9% |
| Other amounts payable | 47/48 | €552,011 | €638,355 | +€86,344 | +15.6% |
| Accrued charges and deferred income | 492/3 | €426 | - | -€426 | |
| Remuneration, social security and pensions | 62 | €36,639 | €37,587 | +€949 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,281 | €2,713 | -€568 | -17.3% |
| Other operating charges | 640/8 | €3,066 | €4,954 | +€1,888 | +61.6% |
| Gross operating margin | 9900 | €2,057 | -€83,290 | -€85,347 | |
| Operating profit (loss) | 9901 | -€40,929 | -€128,545 | -€87,616 | -214% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €734 | €298 | -€436 | -59.4% |
| Recurring financial charges | 65 | €734 | €298 | -€436 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | -€41,661 | -€128,843 | -€87,181 | -209% |
| Income taxes | 67/77 | €705 | -€600 | -€1,305 | |
| Profit (loss) for the period | 9904 | -€42,366 | -€128,243 | -€85,876 | -203% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,366 | -€128,243 | -€85,876 | -203% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.