TOURSUPPORT: what changed
TOURSUPPORT
Largest movements
- Tangible fixed assets +€989,343
up €989,343 (+241%), from €411,071 to €1.4m
of which Land and buildings: +€983,713
- Cash -€150,785
down €150,785 (-29.6%), from €509,510 to €358,725
mainly Investment in fixed assets (net) (-€1.2m) and Contributions, distributions and other (-€232,778)
- Receivables within one year +€29,359
up €29,359 (+41.3%), from €71,145 to €100,505
of which Other amounts receivable: +€42,001
- Debts after one year +€1.0m
up €1.0m (+317%), from €328,448 to €1.4m
of which Financial debts: +€1.1m
- Contributions -€230,000
down €230,000 (-95.8%), from €240,000 to €10,000
- Current portion of long-term debt +€120,594
up €120,594 (+332%), from €36,359 to €156,953
- Tax, wage and social debts -€41,960
down €41,960 (-75.6%), from €55,504 to €13,544
of which Taxes: -€35,958
- Trade debts -€36,587
down €36,587 (-45.6%), from €80,158 to €43,571
- Depreciation +€155,473
up €155,473 (+193%), from €80,540 to €236,013
- Taxes -€35,212
down €35,212 (-78.3%), from €44,948 to €9,736
- Financial charges +€30,492
up €30,492 (+155%), from €19,609 to €50,101
- Other operating charges +€15,090
up €15,090 (+362%), from €4,170 to €19,260
- Gross operating margin -€14,728
down €14,728 (-3.8%), from €391,110 to €376,382
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,001,783 | €1,870,200 | +€868,417 | +86.7% |
| Fixed assets | 21/28 | €411,071 | €1,400,413 | +€989,343 | +241% |
| Tangible fixed assets | 22/27 | €411,071 | €1,400,413 | +€989,343 | +241% |
| Land and buildings | 22 | €208,328 | €1,192,041 | +€983,713 | +472% |
| Plant, machinery and equipment | 23 | €15,778 | €14,258 | -€1,519 | -9.6% |
| Furniture and vehicles | 24 | €12,866 | €7,524 | -€5,342 | -41.5% |
| Other tangible fixed assets | 26 | €124,099 | €186,590 | +€62,491 | +50.4% |
| Assets under construction and advance payments | 27 | €50,000 | - | -€50,000 | |
| Current assets | 29/58 | €590,712 | €469,787 | -€120,925 | -20.5% |
| Stocks and contracts in progress | 3 | €9,500 | €10,000 | +€500 | +5.3% |
| Stocks | 30/36 | €9,500 | €10,000 | +€500 | +5.3% |
| Amounts receivable within one year | 40/41 | €71,145 | €100,505 | +€29,359 | +41.3% |
| Trade receivables | 40 | €70,651 | €58,010 | -€12,641 | -17.9% |
| Other amounts receivable | 41 | €494 | €42,495 | +€42,001 | +8,498% |
| Cash at bank and in hand | 54/58 | €509,510 | €358,725 | -€150,785 | -29.6% |
| Deferred charges and accrued income | 490/1 | €557 | €557 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,001,783 | €1,870,200 | +€868,417 | +86.7% |
| Equity | 10/15 | €465,242 | €260,102 | -€205,140 | -44.1% |
| Contributions | 10/11 | €240,000 | €10,000 | -€230,000 | -95.8% |
| Reserves | 13 | €208,931 | €236,561 | +€27,630 | +13.2% |
| Non-distributable reserves | 130/1 | €1,581 | - | -€1,581 | |
| Reserves not available under the articles | 1311 | €1,581 | - | -€1,581 | |
| Distributable reserves | 133 | €207,350 | €236,561 | +€29,211 | +14.1% |
| Profit (loss) carried forward | 14 | €1,032 | €1,039 | +€7 | +0.7% |
| Investment grants | 15 | €15,279 | €12,501 | -€2,778 | -18.2% |
| Amounts payable | 17/49 | €536,541 | €1,610,098 | +€1.1m | +200% |
| Amounts payable after more than one year | 17 | €328,448 | €1,368,425 | +€1.0m | +317% |
| Financial debts | 170/4 | €223,948 | €1,293,925 | +€1.1m | +478% |
| Other amounts payable | 178/9 | €104,500 | €74,500 | -€30,000 | -28.7% |
| Amounts payable within one year | 42/48 | €194,028 | €228,545 | +€34,517 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €36,359 | €156,953 | +€120,594 | +332% |
| Trade debts | 44 | €80,158 | €43,571 | -€36,587 | -45.6% |
| Suppliers | 440/4 | €80,158 | €43,571 | -€36,587 | -45.6% |
| Advances received on contracts in progress | 46 | €110 | €110 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €55,504 | €13,544 | -€41,960 | -75.6% |
| Taxes | 450/3 | €41,703 | €5,745 | -€35,958 | -86.2% |
| Remuneration and social security | 454/9 | €13,801 | €7,799 | -€6,002 | -43.5% |
| Other amounts payable | 47/48 | €21,897 | €14,367 | -€7,530 | -34.4% |
| Accrued charges and deferred income | 492/3 | €14,066 | €13,128 | -€938 | -6.7% |
| Remuneration, social security and pensions | 62 | €38,347 | €38,534 | +€188 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,540 | €236,013 | +€155,473 | +193% |
| Other operating charges | 640/8 | €4,170 | €19,260 | +€15,090 | +362% |
| Gross operating margin | 9900 | €391,110 | €376,382 | -€14,728 | -3.8% |
| Operating profit (loss) | 9901 | €268,053 | €82,575 | -€185,479 | -69.2% |
| Financial income | 75/76B | €3,856 | €4,900 | +€1,044 | +27.1% |
| Recurring financial income | 75 | €3,856 | €4,900 | +€1,044 | +27.1% |
| Financial charges | 65/66B | €19,609 | €50,101 | +€30,492 | +155% |
| Recurring financial charges | 65 | €19,609 | €50,101 | +€30,492 | +155% |
| Profit (loss) for the period before taxes | 9903 | €252,300 | €37,373 | -€214,927 | -85.2% |
| Income taxes | 67/77 | €44,948 | €9,736 | -€35,212 | -78.3% |
| Profit (loss) for the period | 9904 | €207,352 | €27,637 | -€179,714 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €207,352 | €27,637 | -€179,714 | -86.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.