TOUSENSEMBLE PUBLISHING: 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.
TOUSENSEMBLE PUBLISHING
Largest movements
- Cash -€288,341
down €288,341 (-26.8%), from €1.1m to €786,773
mainly Trade debts (-€273,250) and Contributions, distributions and other (-€90,000)
- Tangible fixed assets +€16,131
new in 2025: €16,131
- Trade debts -€273,250
down €273,250 (-30.1%), from €908,933 to €635,683
- Other debts -€75,000
down €75,000 (-45.5%), from €165,000 to €90,000
- Tax, wage and social debts +€70,863
up €70,863 (+1,868%), from €3,793 to €74,657
of which Taxes: +€69,089
- Gross operating margin -€72,622
down €72,622 (-32.8%), from €221,430 to €148,808
- Other operating charges -€5,289
down €5,289 (-71.6%), from €7,382 to €2,093
- Staff costs +€4,857
up €4,857 (+12.7%), from €38,222 to €43,079
- Depreciation +€3,189
new in 2025: €3,189
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 | €1,395,723 | €1,131,831 | -€263,892 | -18.9% |
| Fixed assets | 21/28 | €124 | €16,255 | +€16,131 | +13,009% |
| Tangible fixed assets | 22/27 | - | €16,131 | +€16,131 | |
| Furniture and vehicles | 24 | - | €16,131 | +€16,131 | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €1,395,599 | €1,115,576 | -€280,023 | -20.1% |
| Amounts receivable within one year | 40/41 | €317,151 | €327,676 | +€10,525 | +3.3% |
| Trade receivables | 40 | €289,302 | €222,905 | -€66,396 | -23.0% |
| Other amounts receivable | 41 | €27,849 | €104,770 | +€76,921 | +276% |
| Cash at bank and in hand | 54/58 | €1,075,115 | €786,773 | -€288,341 | -26.8% |
| Deferred charges and accrued income | 490/1 | €3,333 | €1,127 | -€2,206 | -66.2% |
| Total equity and liabilities | 10/49 | €1,395,723 | €1,131,831 | -€263,892 | -18.9% |
| Equity | 10/15 | €317,997 | €323,971 | +€5,974 | +1.9% |
| Contributions | 10/11 | €144,600 | €144,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,397 | €179,371 | +€5,974 | +3.4% |
| Amounts payable | 17/49 | €1,077,726 | €807,860 | -€269,866 | -25.0% |
| Amounts payable within one year | 42/48 | €1,077,726 | €807,860 | -€269,866 | -25.0% |
| Trade debts | 44 | €908,933 | €635,683 | -€273,250 | -30.1% |
| Suppliers | 440/4 | €908,933 | €635,683 | -€273,250 | -30.1% |
| Advances received on contracts in progress | 46 | - | €7,520 | +€7,520 | |
| Taxes, remuneration and social security | 45 | €3,793 | €74,657 | +€70,863 | +1,868% |
| Taxes | 450/3 | €121 | €69,210 | +€69,089 | +57,117% |
| Remuneration and social security | 454/9 | €3,672 | €5,447 | +€1,775 | +48.3% |
| Other amounts payable | 47/48 | €165,000 | €90,000 | -€75,000 | -45.5% |
| Remuneration, social security and pensions | 62 | €38,222 | €43,079 | +€4,857 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,189 | +€3,189 | |
| Other operating charges | 640/8 | €7,382 | €2,093 | -€5,289 | -71.6% |
| Gross operating margin | 9900 | €221,430 | €148,808 | -€72,622 | -32.8% |
| Operating profit (loss) | 9901 | €175,826 | €100,447 | -€75,379 | -42.9% |
| Financial income | 75/76B | €54 | €0 | -€54 | -99.3% |
| Recurring financial income | 75 | €54 | €0 | -€54 | -99.3% |
| Financial charges | 65/66B | €438 | €342 | -€96 | -21.9% |
| Recurring financial charges | 65 | €438 | €342 | -€96 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €175,443 | €100,105 | -€75,337 | -42.9% |
| Income taxes | 67/77 | €3,661 | €4,131 | +€471 | +12.9% |
| Profit (loss) for the period | 9904 | €171,782 | €95,974 | -€75,808 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €171,782 | €95,974 | -€75,808 | -44.1% |
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 18 October 2026 via checked.be.