TSOUMPELI: what changed
Two fiscal 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.
TSOUMPELI
Largest movements
- Intangible fixed assets -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Debts after one year -€17,509
no longer reported in 2025 (was €17,509)
- Other debts +€7,924
up €7,924 (+16.6%), from €47,744 to €55,668
- Current portion of long-term debt -€6,747
down €6,747 (-25.8%), from €26,120 to €19,373
- Accrued charges and deferred income +€5,119
new in 2025: €5,119
- Trade debts +€2,554
up €2,554 (+21.6%), from €11,826 to €14,380
- Gross operating margin -€15,136
down €15,136 (-37.7%), from €40,123 to €24,987
- Staff costs -€2,034
down €2,034 (-15.3%), from €13,329 to €11,295
- Depreciation -€1,587
down €1,587 (-13.3%), from €11,933 to €10,346
- Other operating charges -€1,083
down €1,083 (-43.5%), from €2,492 to €1,408
- Financial income -€991
down €991 (-98.2%), from €1,009 to €18
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 | €66,689 | €57,007 | -€9,682 | -14.5% |
| Fixed assets | 21/28 | €55,176 | €44,830 | -€10,346 | -18.8% |
| Intangible fixed assets | 21 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Tangible fixed assets | 22/27 | €346 | €0 | -€346 | -100.0% |
| Plant, machinery and equipment | 23 | €346 | - | -€346 | |
| Financial fixed assets | 28 | €4,830 | €4,830 | = | 0.0% |
| Current assets | 29/58 | €11,512 | €12,177 | +€664 | +5.8% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,437 | €7,801 | +€364 | +4.9% |
| Trade receivables | 40 | €6,559 | €4,747 | -€1,811 | -27.6% |
| Other amounts receivable | 41 | €879 | €3,054 | +€2,175 | +247.6% |
| Cash at bank and in hand | 54/58 | €2,075 | €2,376 | +€300 | +14.5% |
| Total equity and liabilities | 10/49 | €66,689 | €57,007 | -€9,682 | -14.5% |
| Equity | 10/15 | -€40,026 | -€39,159 | +€867 | +2.2% |
| Contributions | 10/11 | €14,900 | €14,900 | = | 0.0% |
| Capital | 10 | - | €14,900 | +€14,900 | |
| Issued capital | 100 | - | €14,900 | +€14,900 | |
| Profit (loss) carried forward | 14 | -€54,926 | -€54,059 | +€867 | +1.6% |
| Amounts payable | 17/49 | €106,715 | €96,166 | -€10,550 | -9.9% |
| Amounts payable after more than one year | 17 | €17,509 | - | -€17,509 | |
| Financial debts | 170/4 | €17,509 | - | -€17,509 | |
| Amounts payable within one year | 42/48 | €89,206 | €91,046 | +€1,840 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €26,120 | €19,373 | -€6,747 | -25.8% |
| Trade debts | 44 | €11,826 | €14,380 | +€2,554 | +21.6% |
| Suppliers | 440/4 | €11,826 | €14,380 | +€2,554 | +21.6% |
| Taxes, remuneration and social security | 45 | €3,516 | €1,626 | -€1,890 | -53.7% |
| Taxes | 450/3 | €2,535 | €788 | -€1,747 | -68.9% |
| Remuneration and social security | 454/9 | €981 | €838 | -€143 | -14.5% |
| Other amounts payable | 47/48 | €47,744 | €55,668 | +€7,924 | +16.6% |
| Accrued charges and deferred income | 492/3 | - | €5,119 | +€5,119 | |
| Remuneration, social security and pensions | 62 | €13,329 | €11,295 | -€2,034 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,933 | €10,346 | -€1,587 | -13.3% |
| Other operating charges | 640/8 | €2,492 | €1,408 | -€1,083 | -43.5% |
| Gross operating margin | 9900 | €40,123 | €24,987 | -€15,136 | -37.7% |
| Operating profit (loss) | 9901 | €12,369 | €1,938 | -€10,431 | -84.3% |
| Financial income | 75/76B | €1,009 | €18 | -€991 | -98.2% |
| Recurring financial income | 75 | €1,009 | €18 | -€991 | -98.2% |
| Financial charges | 65/66B | €1,565 | €1,089 | -€476 | -30.4% |
| Recurring financial charges | 65 | €1,565 | €1,089 | -€476 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €11,813 | €867 | -€10,946 | -92.7% |
| Profit (loss) for the period | 9904 | €11,813 | €867 | -€10,946 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,813 | €867 | -€10,946 | -92.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.