10TUBES: 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.
10TUBES
Largest movements
- Cash -€106,322
down €106,322 (-17.5%), from €608,789 to €502,467
mainly Receivables within one year (-€81,863) and Contributions, distributions and other (-€59,259)
- Receivables within one year +€81,863
up €81,863 (+326.1%), from €25,106 to €106,969
of which Other amounts receivable: +€59,060
- Tangible fixed assets -€15,778
down €15,778 (-5.5%), from €289,143 to €273,365
of which Land and buildings: -€10,045
- Reserves -€22,539
down €22,539 (-3.1%), from €727,658 to €705,119
- Debts after one year -€14,906
down €14,906 (-9.3%), from €159,450 to €144,544
- Gross operating margin +€34,668
up €34,668 (+83.2%), from €41,649 to €76,317
- Depreciation -€22,085
down €22,085 (-50.1%), from €44,100 to €22,015
- Taxes +€12,735
up €12,735 (+2740.0%), from €465 to €13,200
- Financial income +€1,724
up €1,724 (+501.2%), from €344 to €2,068
- Other operating charges -€1,583
down €1,583 (-29.0%), from €5,464 to €3,881
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 | €987,969 | €950,560 | -€37,410 | -3.8% |
| Fixed assets | 21/28 | €339,143 | €327,531 | -€11,612 | -3.4% |
| Tangible fixed assets | 22/27 | €289,143 | €273,365 | -€15,778 | -5.5% |
| Land and buildings | 22 | €274,271 | €264,226 | -€10,045 | -3.7% |
| Plant, machinery and equipment | 23 | €3,526 | €2,381 | -€1,146 | -32.5% |
| Furniture and vehicles | 24 | €11,346 | €6,758 | -€4,588 | -40.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €50,000 | €54,167 | +€4,167 | +8.3% |
| Current assets | 29/58 | €648,826 | €623,028 | -€25,798 | -4.0% |
| Amounts receivable within one year | 40/41 | €25,106 | €106,969 | +€81,863 | +326.1% |
| Trade receivables | 40 | €18,392 | €41,195 | +€22,803 | +124.0% |
| Other amounts receivable | 41 | €6,714 | €65,773 | +€59,060 | +879.7% |
| Current investments | 50/53 | €10,431 | €10,431 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €608,789 | €502,467 | -€106,322 | -17.5% |
| Deferred charges and accrued income | 490/1 | €4,501 | €3,162 | -€1,339 | -29.8% |
| Total equity and liabilities | 10/49 | €987,969 | €950,560 | -€37,410 | -3.8% |
| Equity | 10/15 | €740,058 | €717,519 | -€22,539 | -3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €727,658 | €705,119 | -€22,539 | -3.1% |
| Distributable reserves | 133 | €727,658 | €705,119 | -€22,539 | -3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €247,911 | €233,041 | -€14,870 | -6.0% |
| Amounts payable after more than one year | 17 | €159,450 | €144,544 | -€14,906 | -9.3% |
| Financial debts | 170/4 | €159,450 | €144,544 | -€14,906 | -9.3% |
| Amounts payable within one year | 42/48 | €88,461 | €88,497 | +€35 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €19,035 | €14,906 | -€4,129 | -21.7% |
| Trade debts | 44 | €2,541 | €4,541 | +€2,000 | +78.7% |
| Suppliers | 440/4 | €2,541 | €4,541 | +€2,000 | +78.7% |
| Taxes, remuneration and social security | 45 | €13,688 | €12,871 | -€817 | -6.0% |
| Taxes | 450/3 | €13,688 | €12,871 | -€817 | -6.0% |
| Other amounts payable | 47/48 | €53,197 | €56,179 | +€2,981 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,100 | €22,015 | -€22,085 | -50.1% |
| Other operating charges | 640/8 | €5,464 | €3,881 | -€1,583 | -29.0% |
| Gross operating margin | 9900 | €41,649 | €76,317 | +€34,668 | +83.2% |
| Operating profit (loss) | 9901 | -€7,915 | €50,421 | +€58,336 | |
| Financial income | 75/76B | €344 | €2,068 | +€1,724 | +501.2% |
| Recurring financial income | 75 | €344 | €2,068 | +€1,724 | +501.2% |
| Financial charges | 65/66B | €2,432 | €2,570 | +€137 | +5.6% |
| Recurring financial charges | 65 | €2,432 | €2,570 | +€137 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,003 | €49,920 | +€59,923 | |
| Income taxes | 67/77 | €465 | €13,200 | +€12,735 | +2740.0% |
| Profit (loss) for the period | 9904 | -€10,468 | €36,720 | +€47,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,468 | €36,720 | +€47,187 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.