TOURNAI - ART: what changed
TOURNAI - ART
Largest movements
- Cash +€12,143
up €12,143 (+196%), from €6,196 to €18,338
mainly Net result for the year (+€21,622) and Receivables within one year (+€10,896)
- Receivables within one year -€10,896
down €10,896 (-20.1%), from €54,341 to €43,445
of which Other amounts receivable: -€8,414
- Stocks and contracts +€10,167
up €10,167 (+6.9%), from €148,295 to €158,462
- Deferred charges and accrued income +€4,325
up €4,325 (+73.5%), from €5,887 to €10,212
- Reserves +€24,122
new in 2024: €24,122
- Other debts -€7,000
no longer reported in 2024 (was €7,000)
- Contributions -€2,500
down €2,500 (-9.1%), from €27,500 to €25,000
- Gross operating margin +€19,029
up €19,029 (+217%), from €8,775 to €27,804
- Financial charges -€5,684
down €5,684, from €4,333 to -€1,351
- Taxes +€4,384
up €4,384 (+232%), from €1,887 to €6,271
- Financial income -€2,423
down €2,423 (-87.8%), from €2,759 to €336
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,026 | €231,619 | +€16,593 | +7.7% |
| Fixed assets | 21/28 | €308 | €1,162 | +€854 | +277% |
| Tangible fixed assets | 22/27 | €308 | €1,162 | +€854 | +277% |
| Furniture and vehicles | 24 | €308 | €1,162 | +€854 | +277% |
| Current assets | 29/58 | €214,718 | €230,457 | +€15,739 | +7.3% |
| Stocks and contracts in progress | 3 | €148,295 | €158,462 | +€10,167 | +6.9% |
| Stocks | 30/36 | €148,295 | €158,462 | +€10,167 | +6.9% |
| Amounts receivable within one year | 40/41 | €54,341 | €43,445 | -€10,896 | -20.1% |
| Trade receivables | 40 | €3,931 | €1,449 | -€2,482 | -63.1% |
| Other amounts receivable | 41 | €50,410 | €41,996 | -€8,414 | -16.7% |
| Cash at bank and in hand | 54/58 | €6,196 | €18,338 | +€12,143 | +196% |
| Deferred charges and accrued income | 490/1 | €5,887 | €10,212 | +€4,325 | +73.5% |
| Total equity and liabilities | 10/49 | €215,026 | €231,619 | +€16,593 | +7.7% |
| Equity | 10/15 | €175,064 | €196,686 | +€21,622 | +12.4% |
| Contributions | 10/11 | €27,500 | €25,000 | -€2,500 | -9.1% |
| Reserves | 13 | - | €24,122 | +€24,122 | |
| Distributable reserves | 133 | - | €24,122 | +€24,122 | |
| Profit (loss) carried forward | 14 | €147,564 | €147,564 | = | 0.0% |
| Amounts payable | 17/49 | €39,962 | €34,932 | -€5,030 | -12.6% |
| Amounts payable within one year | 42/48 | €39,962 | €34,932 | -€5,030 | -12.6% |
| Trade debts | 44 | €17,084 | €18,207 | +€1,123 | +6.6% |
| Suppliers | 440/4 | €17,084 | €18,207 | +€1,123 | +6.6% |
| Taxes, remuneration and social security | 45 | €15,878 | €16,726 | +€848 | +5.3% |
| Taxes | 450/3 | €15,878 | €16,726 | +€848 | +5.3% |
| Other amounts payable | 47/48 | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €352 | €426 | +€74 | +21.0% |
| Other operating charges | 640/8 | €1,079 | €1,171 | +€91 | +8.5% |
| Gross operating margin | 9900 | €8,775 | €27,804 | +€19,029 | +217% |
| Operating profit (loss) | 9901 | €7,343 | €26,207 | +€18,863 | +257% |
| Financial income | 75/76B | €2,759 | €336 | -€2,423 | -87.8% |
| Recurring financial income | 75 | €2,759 | €336 | -€2,423 | -87.8% |
| Financial charges | 65/66B | €4,333 | -€1,351 | -€5,684 | |
| Recurring financial charges | 65 | €4,333 | -€1,351 | -€5,684 | |
| Profit (loss) for the period before taxes | 9903 | €5,769 | €27,893 | +€22,124 | +383% |
| Income taxes | 67/77 | €1,887 | €6,271 | +€4,384 | +232% |
| Profit (loss) for the period | 9904 | €3,882 | €21,622 | +€17,740 | +457% |
| Profit (loss) for the period to be appropriated | 9905 | €3,882 | €21,622 | +€17,740 | +457% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.