S. TUMEN: 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.
S. TUMEN
Largest movements
- Cash +€32,350
up €32,350 (+132%), from €24,515 to €56,865
mainly Net result for the year (+€31,123) and Depreciation (+€13,806)
- Intangible fixed assets -€9,000
down €9,000 (-11.0%), from €81,541 to €72,541
- Tangible fixed assets -€1,497
down €1,497 (-31.0%), from €4,836 to €3,339
of which Furniture and vehicles: -€2,306
- Profit (loss) carried forward +€31,123
up €31,123 (+330%), from €9,443 to €40,566
- Other debts -€10,829
down €10,829 (-11.0%), from €98,654 to €87,825
- Tax, wage and social debts +€1,394
new in 2025: €1,394
- Gross operating margin +€26,268
up €26,268 (+95.7%), from €27,437 to €53,705
- Taxes +€5,424
up €5,424 (+183%), from €2,969 to €8,394
- Other operating charges -€3,024
down €3,024 (-90.9%), from €3,328 to €304
- Depreciation +€2,174
up €2,174 (+18.7%), from €11,632 to €13,806
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 | €111,922 | €133,776 | +€21,853 | +19.5% |
| Fixed assets | 21/28 | €86,377 | €75,880 | -€10,497 | -12.2% |
| Intangible fixed assets | 21 | €81,541 | €72,541 | -€9,000 | -11.0% |
| Tangible fixed assets | 22/27 | €4,836 | €3,339 | -€1,497 | -31.0% |
| Plant, machinery and equipment | 23 | €2,410 | €3,219 | +€810 | +33.6% |
| Furniture and vehicles | 24 | €2,427 | €120 | -€2,306 | -95.0% |
| Current assets | 29/58 | €25,545 | €57,895 | +€32,350 | +127% |
| Amounts receivable within one year | 40/41 | €1,031 | €1,031 | = | 0.0% |
| Other amounts receivable | 41 | €1,031 | €1,031 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €24,515 | €56,865 | +€32,350 | +132% |
| Total equity and liabilities | 10/49 | €111,922 | €133,776 | +€21,853 | +19.5% |
| Equity | 10/15 | €12,443 | €43,566 | +€31,123 | +250% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,443 | €40,566 | +€31,123 | +330% |
| Amounts payable | 17/49 | €99,479 | €90,210 | -€9,269 | -9.3% |
| Amounts payable within one year | 42/48 | €99,479 | €90,210 | -€9,269 | -9.3% |
| Trade debts | 44 | €825 | €992 | +€166 | +20.1% |
| Suppliers | 440/4 | €825 | €992 | +€166 | +20.1% |
| Taxes, remuneration and social security | 45 | - | €1,394 | +€1,394 | |
| Taxes | 450/3 | - | €1,394 | +€1,394 | |
| Other amounts payable | 47/48 | €98,654 | €87,825 | -€10,829 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,632 | €13,806 | +€2,174 | +18.7% |
| Other operating charges | 640/8 | €3,328 | €304 | -€3,024 | -90.9% |
| Gross operating margin | 9900 | €27,437 | €53,705 | +€26,268 | +95.7% |
| Operating profit (loss) | 9901 | €12,477 | €39,595 | +€27,118 | +217% |
| Financial charges | 65/66B | €65 | €78 | +€14 | +20.9% |
| Recurring financial charges | 65 | €65 | €78 | +€14 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €12,412 | €39,517 | +€27,104 | +218% |
| Income taxes | 67/77 | €2,969 | €8,394 | +€5,424 | +183% |
| Profit (loss) for the period | 9904 | €9,443 | €31,123 | +€21,680 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €9,443 | €31,123 | +€21,680 | +230% |
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 15 October 2026 via checked.be.