TOURMANAGEMENT: 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.
What changed
TOURMANAGEMENT
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€79,691
2024 · -€25,045-€54,646
Equity
-€95,283
2024 · -€15,592-€79,691
Cash
-
2024 · €0
Balance sheet total
€517,627
2024 · €560,776-€43,149
Largest movements
Assets
- Intangible fixed assets -€26,689
down €26,689 (-5.0%), from €528,895 to €502,205
- Receivables within one year -€22,733
down €22,733 (-72.1%), from €31,523 to €8,790
of which Trade receivables: -€21,915
Equity and liabilities
- Profit (loss) carried forward -€79,691
down €79,691 (-225%), from -€35,403 to -€115,094
- Current portion of long-term debt +€32,359
up €32,359 (+41.0%), from €79,021 to €111,380
- Other debts -€12,288
down €12,288 (-8.6%), from €142,285 to €129,996
- Trade debts +€8,884
up €8,884 (+22.8%), from €38,978 to €47,862
- Short-term financial debts -€6,028
down €6,028 (-40.1%), from €15,038 to €9,010
Income statement
- Gross operating margin -€43,996
down €43,996 (-45.0%), from €97,826 to €53,830
- Staff costs +€9,578
new in 2025: €9,578
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.
Result 2024
-€25,045
Gross operating margin
-€43,996
Staff costs
-€9,578
Depreciation
-€936
Financial income
+€12
Financial charges
-€133
Taxes
-€15
Result 2025
-€79,691
raises the resultlowers the result
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.
From operations
+€51,191
Investment
-€83,443
Financing
+€32,252
Cash 2024
€0
From operations (derived)
+€51,191
Net result for the year
-€79,691
Depreciation
+€105,223
Receivables within one year
+€22,733
Deferred charges and accrued income
-€1,364
Trade debts
+€8,884
Tax, wage and social debts
+€2,390
Other debts
-€12,288
Accrued charges and deferred income
+€5,305
Investment (derived)
-€83,443
Investment in fixed assets (net)
-€83,443
Financing
+€32,252
Debts after one year
+€5,920
Current portion of long-term debt
+€32,359
Short-term financial debts
-€6,028
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,776 | €517,627 | -€43,149 | -7.7% |
| Fixed assets | 21/28 | €528,895 | €507,115 | -€21,780 | -4.1% |
| Intangible fixed assets | 21 | €528,895 | €502,205 | -€26,689 | -5.0% |
| Tangible fixed assets | 22/27 | - | €4,109 | +€4,109 | |
| Furniture and vehicles | 24 | - | €4,109 | +€4,109 | |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €31,882 | €10,512 | -€21,369 | -67.0% |
| Amounts receivable within one year | 40/41 | €31,523 | €8,790 | -€22,733 | -72.1% |
| Trade receivables | 40 | €25,171 | €3,256 | -€21,915 | -87.1% |
| Other amounts receivable | 41 | €6,353 | €5,534 | -€818 | -12.9% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €358 | €1,722 | +€1,364 | +381% |
| Total equity and liabilities | 10/49 | €560,776 | €517,627 | -€43,149 | -7.7% |
| Equity | 10/15 | -€15,592 | -€95,283 | -€79,691 | -511% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,211 | €1,211 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,211 | €1,211 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,403 | -€115,094 | -€79,691 | -225% |
| Amounts payable | 17/49 | €576,368 | €612,910 | +€36,542 | +6.3% |
| Amounts payable after more than one year | 17 | €295,556 | €301,477 | +€5,920 | +2.0% |
| Financial debts | 170/4 | €100,058 | €51,608 | -€48,450 | -48.4% |
| Other amounts payable | 178/9 | €195,498 | €249,869 | +€54,370 | +27.8% |
| Amounts payable within one year | 42/48 | €277,721 | €303,038 | +€25,317 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €79,021 | €111,380 | +€32,359 | +41.0% |
| Financial debts | 43 | €15,038 | €9,010 | -€6,028 | -40.1% |
| Credit institutions | 430/8 | €15,038 | €9,010 | -€6,028 | -40.1% |
| Trade debts | 44 | €38,978 | €47,862 | +€8,884 | +22.8% |
| Suppliers | 440/4 | €38,978 | €47,862 | +€8,884 | +22.8% |
| Taxes, remuneration and social security | 45 | €2,400 | €4,790 | +€2,390 | +99.6% |
| Taxes | 450/3 | €2,400 | €802 | -€1,598 | -66.6% |
| Remuneration and social security | 454/9 | - | €3,988 | +€3,988 | |
| Other amounts payable | 47/48 | €142,285 | €129,996 | -€12,288 | -8.6% |
| Accrued charges and deferred income | 492/3 | €3,091 | €8,396 | +€5,305 | +172% |
| Remuneration, social security and pensions | 62 | - | €9,578 | +€9,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,287 | €105,223 | +€936 | +0.9% |
| Gross operating margin | 9900 | €97,826 | €53,830 | -€43,996 | -45.0% |
| Operating profit (loss) | 9901 | -€6,461 | -€60,970 | -€54,510 | -844% |
| Financial income | 75/76B | €1 | €13 | +€12 | +822% |
| Recurring financial income | 75 | €1 | €13 | +€12 | +822% |
| Financial charges | 65/66B | €18,586 | €18,719 | +€133 | +0.7% |
| Recurring financial charges | 65 | €18,586 | €18,719 | +€133 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,045 | -€79,677 | -€54,631 | -218% |
| Income taxes | 67/77 | - | €15 | +€15 | |
| Profit (loss) for the period | 9904 | -€25,045 | -€79,691 | -€54,646 | -218% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,045 | -€79,691 | -€54,646 | -218% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.