TUBEMO: 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.
TUBEMO
Largest movements
- Cash +€57,805
up €57,805 (+250%), from €23,077 to €80,882
mainly Deferred charges and accrued income (+€32,336) and Depreciation (+€22,910)
- Deferred charges and accrued income -€32,336
down €32,336 (-94.1%), from €34,374 to €2,038
- Tangible fixed assets -€22,910
down €22,910 (-28.5%), from €80,388 to €57,479
- Receivables within one year -€13,972
down €13,972 (-18.9%), from €73,880 to €59,908
of which Trade receivables: -€23,951
- Stocks and contracts -€7,260
down €7,260 (-74.4%), from €9,760 to €2,500
- Debts after one year -€16,392
down €16,392 (-34.9%), from €46,983 to €30,591
- Trade debts -€14,185
down €14,185 (-21.0%), from €67,638 to €53,453
- Tax, wage and social debts +€8,546
up €8,546 (+123%), from €6,949 to €15,496
of which Taxes: +€7,226
- Current portion of long-term debt +€6,462
up €6,462 (+161%), from €4,008 to €10,470
- Profit (loss) carried forward -€6,137
down €6,137 (-8.9%), from €68,967 to €62,830
- Gross operating margin +€18,777
up €18,777 (+30.3%), from €61,988 to €80,765
- Depreciation +€12,994
up €12,994 (+131%), from €9,916 to €22,910
- Other operating charges +€8,753
up €8,753 (+21.4%), from €40,875 to €49,628
- Financial charges +€3,659
up €3,659 (+247%), from €1,481 to €5,140
- Taxes +€995
up €995 (+16.0%), from €6,230 to €7,226
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,306 | €202,807 | -€19,500 | -8.8% |
| Fixed assets | 21/28 | €81,215 | €57,479 | -€23,737 | -29.2% |
| Tangible fixed assets | 22/27 | €80,388 | €57,479 | -€22,910 | -28.5% |
| Furniture and vehicles | 24 | €80,388 | €57,479 | -€22,910 | -28.5% |
| Financial fixed assets | 28 | €827 | - | -€827 | |
| Current assets | 29/58 | €141,091 | €145,328 | +€4,237 | +3.0% |
| Stocks and contracts in progress | 3 | €9,760 | €2,500 | -€7,260 | -74.4% |
| Stocks | 30/36 | €9,760 | €2,500 | -€7,260 | -74.4% |
| Amounts receivable within one year | 40/41 | €73,880 | €59,908 | -€13,972 | -18.9% |
| Trade receivables | 40 | €29,677 | €5,726 | -€23,951 | -80.7% |
| Other amounts receivable | 41 | €44,203 | €54,182 | +€9,979 | +22.6% |
| Cash at bank and in hand | 54/58 | €23,077 | €80,882 | +€57,805 | +250% |
| Deferred charges and accrued income | 490/1 | €34,374 | €2,038 | -€32,336 | -94.1% |
| Total equity and liabilities | 10/49 | €222,306 | €202,807 | -€19,500 | -8.8% |
| Equity | 10/15 | €96,727 | €90,590 | -€6,137 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,160 | €9,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,300 | €7,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,967 | €62,830 | -€6,137 | -8.9% |
| Amounts payable | 17/49 | €125,579 | €112,217 | -€13,362 | -10.6% |
| Amounts payable after more than one year | 17 | €46,983 | €30,591 | -€16,392 | -34.9% |
| Financial debts | 170/4 | €46,983 | €30,591 | -€16,392 | -34.9% |
| Amounts payable within one year | 42/48 | €78,595 | €81,625 | +€3,030 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €4,008 | €10,470 | +€6,462 | +161% |
| Trade debts | 44 | €67,638 | €53,453 | -€14,185 | -21.0% |
| Suppliers | 440/4 | €67,638 | €53,453 | -€14,185 | -21.0% |
| Advances received on contracts in progress | 46 | - | €206 | +€206 | |
| Taxes, remuneration and social security | 45 | €6,949 | €15,496 | +€8,546 | +123% |
| Taxes | 450/3 | €6,949 | €14,175 | +€7,226 | +104% |
| Remuneration and social security | 454/9 | - | €1,321 | +€1,321 | |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Non-recurring operating income | 76A | €22,542 | - | -€22,542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,916 | €22,910 | +€12,994 | +131% |
| Other operating charges | 640/8 | €40,875 | €49,628 | +€8,753 | +21.4% |
| Gross operating margin | 9900 | €61,988 | €80,765 | +€18,777 | +30.3% |
| Operating profit (loss) | 9901 | €11,197 | €8,228 | -€2,969 | -26.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,481 | €5,140 | +€3,659 | +247% |
| Recurring financial charges | 65 | €1,481 | €5,140 | +€3,659 | +247% |
| Profit (loss) for the period before taxes | 9903 | €9,716 | €3,088 | -€6,628 | -68.2% |
| Income taxes | 67/77 | €6,230 | €7,226 | +€995 | +16.0% |
| Profit (loss) for the period | 9904 | €3,486 | -€4,137 | -€7,623 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,486 | -€4,137 | -€7,623 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.