CB TUPP: 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.
CB TUPP
Largest movements
- Cash -€77,237
down €77,237 (-94.0%), from €82,160 to €4,923
mainly Net result for the year (-€49,475) and Trade debts (-€20,150)
- Receivables within one year -€15,418
down €15,418 (-70.0%), from €22,030 to €6,611
- Intangible fixed assets -€11,429
down €11,429 (-19.0%), from €60,000 to €48,571
- Deferred charges and accrued income +€4,575
new in 2025: €4,575
- Tangible fixed assets -€3,033
down €3,033 (-45.6%), from €6,651 to €3,618
- Profit (loss) carried forward -€49,475
down €49,475 (-289%), from -€17,116 to -€66,592
- Trade debts -€20,150
down €20,150 (-17.8%), from €113,378 to €93,228
- Tax, wage and social debts -€19,289
down €19,289 (-81.1%), from €23,799 to €4,509
of which Taxes: -€16,177
- Debts after one year -€14,311
down €14,311 (-38.5%), from €37,128 to €22,817
- Other debts +€2,988
up €2,988 (+13,514%), from €22 to €3,010
- Staff costs -€29,691
down €29,691 (-98.9%), from €30,023 to €332
- Gross operating margin -€19,702
down €19,702 (-162%), from -€12,154 to -€31,855
- Taxes +€1,156
no longer reported in 2025 (was -€1,156)
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 | €180,841 | €81,284 | -€99,557 | -55.1% |
| Fixed assets | 21/28 | €66,651 | €55,174 | -€11,477 | -17.2% |
| Intangible fixed assets | 21 | €60,000 | €48,571 | -€11,429 | -19.0% |
| Tangible fixed assets | 22/27 | €6,651 | €3,618 | -€3,033 | -45.6% |
| Furniture and vehicles | 24 | €6,651 | €3,618 | -€3,033 | -45.6% |
| Financial fixed assets | 28 | - | €2,985 | +€2,985 | |
| Current assets | 29/58 | €114,190 | €26,109 | -€88,080 | -77.1% |
| Stocks and contracts in progress | 3 | €10,000 | €10,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,030 | €6,611 | -€15,418 | -70.0% |
| Trade receivables | 40 | €22,030 | €6,611 | -€15,418 | -70.0% |
| Cash at bank and in hand | 54/58 | €82,160 | €4,923 | -€77,237 | -94.0% |
| Deferred charges and accrued income | 490/1 | - | €4,575 | +€4,575 | |
| Total equity and liabilities | 10/49 | €180,841 | €81,284 | -€99,557 | -55.1% |
| Equity | 10/15 | -€7,116 | -€56,592 | -€49,475 | -695% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,116 | -€66,592 | -€49,475 | -289% |
| Amounts payable | 17/49 | €187,957 | €137,876 | -€50,082 | -26.6% |
| Amounts payable after more than one year | 17 | €37,128 | €22,817 | -€14,311 | -38.5% |
| Financial debts | 170/4 | €37,128 | €22,817 | -€14,311 | -38.5% |
| Amounts payable within one year | 42/48 | €150,829 | €115,059 | -€35,770 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €13,631 | €14,311 | +€680 | +5.0% |
| Trade debts | 44 | €113,378 | €93,228 | -€20,150 | -17.8% |
| Suppliers | 440/4 | €113,378 | €93,228 | -€20,150 | -17.8% |
| Taxes, remuneration and social security | 45 | €23,799 | €4,509 | -€19,289 | -81.1% |
| Taxes | 450/3 | €20,048 | €3,872 | -€16,177 | -80.7% |
| Remuneration and social security | 454/9 | €3,750 | €638 | -€3,112 | -83.0% |
| Other amounts payable | 47/48 | €22 | €3,010 | +€2,988 | +13,514% |
| Remuneration, social security and pensions | 62 | €30,023 | €332 | -€29,691 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,462 | €14,462 | = | 0.0% |
| Gross operating margin | 9900 | -€12,154 | -€31,855 | -€19,702 | -162% |
| Operating profit (loss) | 9901 | -€56,638 | -€46,649 | +€9,989 | +17.6% |
| Financial income | 75/76B | €5 | €46 | +€41 | +892% |
| Recurring financial income | 75 | €5 | €46 | +€41 | +892% |
| Financial charges | 65/66B | €3,037 | €2,872 | -€165 | -5.4% |
| Recurring financial charges | 65 | €3,037 | €2,872 | -€165 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€59,670 | -€49,475 | +€10,195 | +17.1% |
| Income taxes | 67/77 | -€1,156 | - | +€1,156 | |
| Profit (loss) for the period | 9904 | -€58,515 | -€49,475 | +€9,039 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,515 | -€49,475 | +€9,039 | +15.4% |
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.