TOURNAY TECHNICAL-TACTICAL: 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.
TOURNAY TECHNICAL-TACTICAL
Largest movements
- Receivables within one year +€11,998
up €11,998 (+123%), from €9,782 to €21,780
of which Trade receivables: +€13,690
- Cash -€4,953
down €4,953 (-83.2%), from €5,950 to €997
mainly Receivables within one year (-€11,998) and Debts after one year (-€8,392)
- Tangible fixed assets -€4,630
down €4,630 (-11.8%), from €39,107 to €34,476
of which Furniture and vehicles: -€6,394
- Formation expenses +€1,054
new in 2025: €1,054
- Profit (loss) carried forward +€10,615
up €10,615 (+900%), from €1,180 to €11,794
- Debts after one year -€8,392
down €8,392 (-27.8%), from €30,218 to €21,826
- Current portion of long-term debt +€1,028
up €1,028 (+12.8%), from €8,052 to €9,080
- Other debts +€681
up €681 (+13.1%), from €5,207 to €5,887
- Trade debts -€599
down €599 (-8.3%), from €7,245 to €6,646
- Gross operating margin +€13,814
up €13,814 (+110%), from €12,553 to €26,367
- Depreciation +€4,611
up €4,611 (+91.9%), from €5,020 to €9,632
- Other operating charges -€3,661
down €3,661 (-87.4%), from €4,189 to €528
- Taxes +€2,997
up €2,997 (+685%), from €438 to €3,435
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 | €54,839 | €58,307 | +€3,469 | +6.3% |
| Formation expenses | 20 | - | €1,054 | +€1,054 | |
| Fixed assets | 21/28 | €39,107 | €34,476 | -€4,630 | -11.8% |
| Tangible fixed assets | 22/27 | €39,107 | €34,476 | -€4,630 | -11.8% |
| Plant, machinery and equipment | 23 | - | €3,081 | +€3,081 | |
| Furniture and vehicles | 24 | €37,789 | €31,395 | -€6,394 | -16.9% |
| Assets under construction and advance payments | 27 | €1,318 | - | -€1,318 | |
| Current assets | 29/58 | €15,732 | €22,777 | +€7,045 | +44.8% |
| Amounts receivable within one year | 40/41 | €9,782 | €21,780 | +€11,998 | +123% |
| Trade receivables | 40 | €481 | €14,171 | +€13,690 | +2,848% |
| Other amounts receivable | 41 | €9,301 | €7,609 | -€1,692 | -18.2% |
| Cash at bank and in hand | 54/58 | €5,950 | €997 | -€4,953 | -83.2% |
| Total equity and liabilities | 10/49 | €54,839 | €58,307 | +€3,469 | +6.3% |
| Equity | 10/15 | €3,680 | €14,294 | +€10,615 | +288% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,180 | €11,794 | +€10,615 | +900% |
| Amounts payable | 17/49 | €51,159 | €44,013 | -€7,146 | -14.0% |
| Amounts payable after more than one year | 17 | €30,218 | €21,826 | -€8,392 | -27.8% |
| Financial debts | 170/4 | €30,218 | €21,826 | -€8,392 | -27.8% |
| Amounts payable within one year | 42/48 | €20,941 | €22,188 | +€1,247 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €8,052 | €9,080 | +€1,028 | +12.8% |
| Trade debts | 44 | €7,245 | €6,646 | -€599 | -8.3% |
| Suppliers | 440/4 | €7,245 | €6,646 | -€599 | -8.3% |
| Taxes, remuneration and social security | 45 | €438 | €574 | +€136 | +31.2% |
| Taxes | 450/3 | €438 | €574 | +€136 | +31.2% |
| Other amounts payable | 47/48 | €5,207 | €5,887 | +€681 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,020 | €9,632 | +€4,611 | +91.9% |
| Other operating charges | 640/8 | €4,189 | €528 | -€3,661 | -87.4% |
| Gross operating margin | 9900 | €12,553 | €26,367 | +€13,814 | +110% |
| Operating profit (loss) | 9901 | €3,344 | €16,207 | +€12,863 | +385% |
| Financial income | 75/76B | €235 | - | -€235 | |
| Recurring financial income | 75 | €235 | - | -€235 | |
| Financial charges | 65/66B | €1,961 | €2,158 | +€197 | +10.0% |
| Recurring financial charges | 65 | €1,961 | €2,158 | +€197 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €1,617 | €14,049 | +€12,432 | +769% |
| Income taxes | 67/77 | €438 | €3,435 | +€2,997 | +685% |
| Profit (loss) for the period | 9904 | €1,180 | €10,615 | +€9,435 | +800% |
| Profit (loss) for the period to be appropriated | 9905 | €1,180 | €10,615 | +€9,435 | +800% |
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 16 October 2026 via checked.be.