TSUKURU: 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.
TSUKURU
Largest movements
- Tangible fixed assets -€25,892
down €25,892 (-37.9%), from €68,328 to €42,436
of which Furniture and vehicles: -€23,847
- Cash +€5,328
up €5,328 (+32.7%), from €16,305 to €21,634
mainly Net result for the year (+€28,578) and Depreciation (+€25,892)
- Receivables within one year -€2,077
down €2,077 (-12.4%), from €16,711 to €14,634
of which Trade receivables: -€2,077
- Deferred charges and accrued income +€1,781
up €1,781 (+67.6%), from €2,635 to €4,417
- Reserves -€11,422
down €11,422 (-19.3%), from €59,086 to €47,664
- Debts after one year -€8,936
down €8,936 (-33.9%), from €26,364 to €17,428
- Tax, wage and social debts -€2,861
down €2,861 (-38.6%), from €7,414 to €4,553
- Other debts +€2,375
up €2,375 (+349%), from €681 to €3,056
- Gross operating margin -€4,447
down €4,447 (-6.4%), from €69,365 to €64,917
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 | €103,980 | €83,121 | -€20,859 | -20.1% |
| Fixed assets | 21/28 | €68,328 | €42,436 | -€25,892 | -37.9% |
| Tangible fixed assets | 22/27 | €68,328 | €42,436 | -€25,892 | -37.9% |
| Furniture and vehicles | 24 | €46,129 | €22,282 | -€23,847 | -51.7% |
| Other tangible fixed assets | 26 | €22,199 | €20,154 | -€2,045 | -9.2% |
| Current assets | 29/58 | €35,652 | €40,685 | +€5,033 | +14.1% |
| Amounts receivable within one year | 40/41 | €16,711 | €14,634 | -€2,077 | -12.4% |
| Trade receivables | 40 | €16,373 | €14,296 | -€2,077 | -12.7% |
| Other amounts receivable | 41 | €338 | €338 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,305 | €21,634 | +€5,328 | +32.7% |
| Deferred charges and accrued income | 490/1 | €2,635 | €4,417 | +€1,781 | +67.6% |
| Total equity and liabilities | 10/49 | €103,980 | €83,121 | -€20,859 | -20.1% |
| Equity | 10/15 | €60,086 | €48,664 | -€11,422 | -19.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €59,086 | €47,664 | -€11,422 | -19.3% |
| Distributable reserves | 133 | €59,086 | €47,664 | -€11,422 | -19.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €43,894 | €34,457 | -€9,436 | -21.5% |
| Amounts payable after more than one year | 17 | €26,364 | €17,428 | -€8,936 | -33.9% |
| Financial debts | 170/4 | €26,364 | €17,428 | -€8,936 | -33.9% |
| Amounts payable within one year | 42/48 | €17,530 | €17,030 | -€501 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €8,555 | €8,936 | +€381 | +4.4% |
| Trade debts | 44 | €880 | €484 | -€396 | -45.0% |
| Suppliers | 440/4 | €880 | €484 | -€396 | -45.0% |
| Taxes, remuneration and social security | 45 | €7,414 | €4,553 | -€2,861 | -38.6% |
| Taxes | 450/3 | €7,414 | €4,553 | -€2,861 | -38.6% |
| Other amounts payable | 47/48 | €681 | €3,056 | +€2,375 | +349% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,518 | €25,892 | -€626 | -2.4% |
| Other operating charges | 640/8 | €955 | €805 | -€150 | -15.7% |
| Gross operating margin | 9900 | €69,365 | €64,917 | -€4,447 | -6.4% |
| Operating profit (loss) | 9901 | €41,891 | €38,220 | -€3,671 | -8.8% |
| Financial income | 75/76B | €82 | €0 | -€82 | -100% |
| Recurring financial income | 75 | €82 | €0 | -€82 | -100% |
| Financial charges | 65/66B | €1,802 | €1,425 | -€377 | -20.9% |
| Recurring financial charges | 65 | €1,802 | €1,425 | -€377 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €40,171 | €36,795 | -€3,375 | -8.4% |
| Income taxes | 67/77 | €8,686 | €8,217 | -€469 | -5.4% |
| Profit (loss) for the period | 9904 | €31,484 | €28,578 | -€2,907 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,484 | €28,578 | -€2,907 | -9.2% |
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.