TOURNEBRIDE: 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.
TOURNEBRIDE
Largest movements
- Tangible fixed assets -€60,985
down €60,985 (-2.7%), from €2.3m to €2.2m
of which Land and buildings: -€68,478
- Receivables within one year +€37,839
up €37,839 (+146.8%), from €25,770 to €63,609
of which Trade receivables: +€37,872
- Profit (loss) carried forward +€78,585
up €78,585 (+32.8%), from -€239,727 to -€161,142
- Other debts -€74,245
down €74,245 (-33.1%), from €224,058 to €149,813
- Debts after one year -€66,014
down €66,014 (-5.2%), from €1.3m to €1.2m
of which Other amounts payable: -€48,000
- Trade debts +€37,130
up €37,130 (+791.0%), from €4,694 to €41,824
- Gross operating margin +€23,582
up €23,582 (+12.9%), from €183,125 to €206,707
- Financial charges +€12,289
up €12,289 (+117.9%), from €10,424 to €22,712
- Depreciation +€7,127
up €7,127 (+7.7%), from €92,295 to €99,422
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.
Cash bridge derived
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 | €2,343,906 | €2,324,827 | -€19,078 | -0.8% |
| Fixed assets | 21/28 | €2,297,706 | €2,236,721 | -€60,985 | -2.7% |
| Tangible fixed assets | 22/27 | €2,297,706 | €2,236,721 | -€60,985 | -2.7% |
| Land and buildings | 22 | €2,214,449 | €2,145,971 | -€68,478 | -3.1% |
| Plant, machinery and equipment | 23 | €81,328 | €89,713 | +€8,385 | +10.3% |
| Furniture and vehicles | 24 | €1,929 | €1,037 | -€892 | -46.2% |
| Current assets | 29/58 | €46,200 | €88,106 | +€41,907 | +90.7% |
| Amounts receivable within one year | 40/41 | €25,770 | €63,609 | +€37,839 | +146.8% |
| Trade receivables | 40 | €25,513 | €63,385 | +€37,872 | +148.4% |
| Other amounts receivable | 41 | €257 | €224 | -€33 | -12.9% |
| Cash at bank and in hand | 54/58 | €17,315 | €20,582 | +€3,267 | +18.9% |
| Deferred charges and accrued income | 490/1 | €3,115 | €3,915 | +€800 | +25.7% |
| Total equity and liabilities | 10/49 | €2,343,906 | €2,324,827 | -€19,078 | -0.8% |
| Equity | 10/15 | €825,748 | €904,333 | +€78,585 | +9.5% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Revaluation surpluses | 12 | €740,475 | €740,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,727 | -€161,142 | +€78,585 | +32.8% |
| Amounts payable | 17/49 | €1,518,157 | €1,420,494 | -€97,663 | -6.4% |
| Amounts payable after more than one year | 17 | €1,258,758 | €1,192,744 | -€66,014 | -5.2% |
| Financial debts | 170/4 | €265,903 | €247,889 | -€18,014 | -6.8% |
| Other amounts payable | 178/9 | €992,854 | €944,854 | -€48,000 | -4.8% |
| Amounts payable within one year | 42/48 | €256,699 | €227,308 | -€29,391 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €17,636 | €18,014 | +€378 | +2.1% |
| Trade debts | 44 | €4,694 | €41,824 | +€37,130 | +791.0% |
| Suppliers | 440/4 | €4,694 | €41,824 | +€37,130 | +791.0% |
| Taxes, remuneration and social security | 45 | €10,310 | €17,657 | +€7,347 | +71.3% |
| Taxes | 450/3 | €10,310 | €17,657 | +€7,347 | +71.3% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €224,058 | €149,813 | -€74,245 | -33.1% |
| Accrued charges and deferred income | 492/3 | €2,701 | €443 | -€2,259 | -83.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,295 | €99,422 | +€7,127 | +7.7% |
| Other operating charges | 640/8 | €5,026 | €5,590 | +€563 | +11.2% |
| Gross operating margin | 9900 | €183,125 | €206,707 | +€23,582 | +12.9% |
| Operating profit (loss) | 9901 | €85,804 | €101,696 | +€15,892 | +18.5% |
| Financial income | 75/76B | €6 | €1 | -€5 | -79.6% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -79.6% |
| Financial charges | 65/66B | €10,424 | €22,712 | +€12,289 | +117.9% |
| Recurring financial charges | 65 | €10,424 | €22,712 | +€12,289 | +117.9% |
| Profit (loss) for the period before taxes | 9903 | €75,387 | €78,985 | +€3,598 | +4.8% |
| Income taxes | 67/77 | €337 | €400 | +€63 | +18.8% |
| Profit (loss) for the period | 9904 | €75,050 | €78,585 | +€3,535 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,050 | €78,585 | +€3,535 | +4.7% |
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 12 October 2026 via checked.be.