TSUYA: 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.
TSUYA
Largest movements
- Receivables after one year +€250,000
new in 2025: €250,000
- Cash +€38,564
up €38,564 (+92.6%), from €41,629 to €80,193
mainly Other debts (+€106,614) and Net result for the year (+€73,961)
- Tangible fixed assets -€25,128
down €25,128 (-29.8%), from €84,386 to €59,258
of which Furniture and vehicles: -€25,983
- Receivables within one year -€24,140
down €24,140 (-11.2%), from €215,101 to €190,961
of which Trade receivables: -€24,140
- Other debts +€106,614
up €106,614 (+91.8%), from €116,178 to €222,792
- Profit (loss) carried forward +€73,961
up €73,961 (+81.7%), from €90,482 to €164,444
- Provisions +€48,913
new in 2025: €48,913
- Trade debts +€26,728
up €26,728 (+140.3%), from €19,050 to €45,778
- Debts after one year -€21,655
down €21,655 (-40.2%), from €53,872 to €32,217
- Turnover -€238,747
down €238,747 (-46.4%), from €514,784 to €276,037
- Gross operating margin -€170,938
down €170,938 (-48.2%), from €354,797 to €183,859
- Purchases and services -€112,306
down €112,306 (-51.8%), from €216,891 to €104,585
- Provisions +€48,913
new in 2025: €48,913
- Depreciation -€20,382
down €20,382 (-43.6%), from €46,794 to €26,412
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 | €345,620 | €584,423 | +€238,803 | +69.1% |
| Fixed assets | 21/28 | €84,386 | €59,258 | -€25,128 | -29.8% |
| Tangible fixed assets | 22/27 | €84,386 | €59,258 | -€25,128 | -29.8% |
| Plant, machinery and equipment | 23 | €1,239 | €2,095 | +€856 | +69.1% |
| Furniture and vehicles | 24 | €83,147 | €57,164 | -€25,983 | -31.3% |
| Current assets | 29/58 | €261,234 | €525,164 | +€263,931 | +101.0% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Other amounts receivable | 291 | - | €250,000 | +€250,000 | |
| Amounts receivable within one year | 40/41 | €215,101 | €190,961 | -€24,140 | -11.2% |
| Trade receivables | 40 | €40,101 | €15,961 | -€24,140 | -60.2% |
| Other amounts receivable | 41 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,629 | €80,193 | +€38,564 | +92.6% |
| Deferred charges and accrued income | 490/1 | €4,503 | €4,010 | -€493 | -11.0% |
| Total equity and liabilities | 10/49 | €345,620 | €584,423 | +€238,803 | +69.1% |
| Equity | 10/15 | €90,482 | €164,444 | +€73,961 | +81.7% |
| Profit (loss) carried forward | 14 | €90,482 | €164,444 | +€73,961 | +81.7% |
| Provisions and deferred taxes | 16 | - | €48,913 | +€48,913 | |
| Provisions for liabilities and charges | 160/5 | - | €48,913 | +€48,913 | |
| Pensions and similar obligations | 160 | - | €48,913 | +€48,913 | |
| Amounts payable | 17/49 | €255,137 | €371,066 | +€115,929 | +45.4% |
| Amounts payable after more than one year | 17 | €53,872 | €32,217 | -€21,655 | -40.2% |
| Financial debts | 170/4 | €53,872 | €32,217 | -€21,655 | -40.2% |
| Amounts payable within one year | 42/48 | €201,265 | €338,849 | +€137,584 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | €20,796 | €21,655 | +€859 | +4.1% |
| Trade debts | 44 | €19,050 | €45,778 | +€26,728 | +140.3% |
| Suppliers | 440/4 | €19,050 | €45,778 | +€26,728 | +140.3% |
| Taxes, remuneration and social security | 45 | €45,240 | €48,623 | +€3,383 | +7.5% |
| Taxes | 450/3 | €45,240 | €48,623 | +€3,383 | +7.5% |
| Other amounts payable | 47/48 | €116,178 | €222,792 | +€106,614 | +91.8% |
| Turnover | 70 | €514,784 | €276,037 | -€238,747 | -46.4% |
| Non-recurring operating income | 76A | - | €24 | +€24 | |
| Goods, raw materials, services and sundry goods | 60/61 | €216,891 | €104,585 | -€112,306 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,794 | €26,412 | -€20,382 | -43.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €48,913 | +€48,913 | |
| Other operating charges | 640/8 | €53 | €329 | +€276 | +520.9% |
| Gross operating margin | 9900 | €354,797 | €183,859 | -€170,938 | -48.2% |
| Operating profit (loss) | 9901 | €307,950 | €108,205 | -€199,745 | -64.9% |
| Financial income | 75/76B | €113 | €7,711 | +€7,597 | +6708.0% |
| Recurring financial income | 75 | €113 | €7,711 | +€7,597 | +6708.0% |
| Financial charges | 65/66B | €7,586 | €2,949 | -€4,637 | -61.1% |
| Recurring financial charges | 65 | €7,586 | €2,949 | -€4,637 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €300,477 | €112,966 | -€187,511 | -62.4% |
| Income taxes | 67/77 | €29,995 | €39,005 | +€9,010 | +30.0% |
| Profit (loss) for the period | 9904 | €270,482 | €73,961 | -€196,521 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €270,482 | €73,961 | -€196,521 | -72.7% |
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 12 October 2026 via checked.be.