TOWER MEDICAL: 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.
TOWER MEDICAL
Largest movements
- Cash -€99,400
down €99,400 (-92.6%), from €107,295 to €7,895
mainly Other debts (-€76,462) and Tax, wage and social debts (-€18,245)
- Receivables within one year -€8,891
down €8,891 (-70.4%), from €12,633 to €3,742
of which Other amounts receivable: -€5,971
- Tangible fixed assets -€1,802
down €1,802 (-20.2%), from €8,934 to €7,132
of which Plant, machinery and equipment: -€954
- Other debts -€76,462
down €76,462 (-100.0%), from €76,500 to €38
- Tax, wage and social debts -€18,245
down €18,245 (-81.1%), from €22,487 to €4,242
- Profit (loss) carried forward -€17,812
down €17,812, from €12,906 to -€4,906
- Trade debts +€2,765
up €2,765 (+208%), from €1,330 to €4,095
- Gross operating margin -€67,629
down €67,629, from €52,396 to -€15,233
- Financial income -€56,288
down €56,288 (-100.0%), from €56,288 to €0
- Taxes -€14,120
down €14,120 (-97.8%), from €14,434 to €314
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 | €132,223 | €22,469 | -€109,754 | -83.0% |
| Fixed assets | 21/28 | €12,294 | €10,492 | -€1,802 | -14.7% |
| Tangible fixed assets | 22/27 | €8,934 | €7,132 | -€1,802 | -20.2% |
| Plant, machinery and equipment | 23 | €5,899 | €4,945 | -€954 | -16.2% |
| Furniture and vehicles | 24 | €3,035 | €2,187 | -€848 | -27.9% |
| Financial fixed assets | 28 | €3,360 | €3,360 | = | 0.0% |
| Current assets | 29/58 | €119,929 | €11,977 | -€107,951 | -90.0% |
| Amounts receivable within one year | 40/41 | €12,633 | €3,742 | -€8,891 | -70.4% |
| Trade receivables | 40 | €6,662 | €3,742 | -€2,920 | -43.8% |
| Other amounts receivable | 41 | €5,971 | €0 | -€5,971 | -100% |
| Cash at bank and in hand | 54/58 | €107,295 | €7,895 | -€99,400 | -92.6% |
| Deferred charges and accrued income | 490/1 | - | €340 | +€340 | |
| Total equity and liabilities | 10/49 | €132,223 | €22,469 | -€109,754 | -83.0% |
| Equity | 10/15 | €31,906 | €14,094 | -€17,812 | -55.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,906 | -€4,906 | -€17,812 | |
| Amounts payable | 17/49 | €100,317 | €8,375 | -€91,942 | -91.7% |
| Amounts payable within one year | 42/48 | €100,317 | €8,375 | -€91,942 | -91.7% |
| Trade debts | 44 | €1,330 | €4,095 | +€2,765 | +208% |
| Suppliers | 440/4 | €1,330 | €4,095 | +€2,765 | +208% |
| Taxes, remuneration and social security | 45 | €22,487 | €4,242 | -€18,245 | -81.1% |
| Taxes | 450/3 | €22,487 | €4,242 | -€18,245 | -81.1% |
| Other amounts payable | 47/48 | €76,500 | €38 | -€76,462 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,096 | €1,802 | -€294 | -14.0% |
| Other operating charges | 640/8 | €745 | €301 | -€444 | -59.6% |
| Gross operating margin | 9900 | €52,396 | -€15,233 | -€67,629 | |
| Operating profit (loss) | 9901 | €49,554 | -€17,336 | -€66,890 | |
| Financial income | 75/76B | €56,288 | €0 | -€56,288 | -100.0% |
| Recurring financial income | 75 | €56,288 | €0 | -€56,288 | -100.0% |
| Financial charges | 65/66B | €189 | €162 | -€27 | -14.2% |
| Recurring financial charges | 65 | €189 | €162 | -€27 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €105,653 | -€17,498 | -€123,152 | |
| Income taxes | 67/77 | €14,434 | €314 | -€14,120 | -97.8% |
| Profit (loss) for the period | 9904 | €91,219 | -€17,812 | -€109,031 | |
| Profit (loss) for the period to be appropriated | 9905 | €91,219 | -€17,812 | -€109,031 |
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 20 October 2026 via checked.be.