TUCON: 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.
TUCON
Largest movements
- Receivables within one year +€37,590
up €37,590 (+95.9%), from €39,195 to €76,785
of which Other amounts receivable: +€43,627
- Deferred charges and accrued income -€10,675
down €10,675 (-99.0%), from €10,785 to €110
- Cash -€3,181
down €3,181 (-23.7%), from €13,424 to €10,243
mainly Receivables within one year (-€37,590) and Other debts (-€16,913)
- Tangible fixed assets -€3,065
down €3,065 (-5.2%), from €58,856 to €55,791
of which Land and buildings: -€2,745
- Trade debts +€28,038
up €28,038 (+141%), from €19,834 to €47,872
- Other debts -€16,913
down €16,913 (-96.6%), from €17,500 to €587
- Reserves +€12,215
up €12,215 (+14,719%), from €83 to €12,298
- Tax, wage and social debts -€8,887
down €8,887 (-44.1%), from €20,141 to €11,255
- Debts after one year +€6,672
up €6,672 (+12.2%), from €54,539 to €61,210
- Financial charges +€6,437
up €6,437 (+221%), from €2,912 to €9,349
- Taxes -€2,051
down €2,051 (-31.0%), from €6,621 to €4,571
- Gross operating margin -€615
down €615 (-2.0%), from €30,935 to €30,321
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 | €122,260 | €142,929 | +€20,669 | +16.9% |
| Fixed assets | 21/28 | €58,856 | €55,791 | -€3,065 | -5.2% |
| Tangible fixed assets | 22/27 | €58,856 | €55,791 | -€3,065 | -5.2% |
| Land and buildings | 22 | €58,157 | €55,412 | -€2,745 | -4.7% |
| Plant, machinery and equipment | 23 | €699 | €379 | -€320 | -45.8% |
| Current assets | 29/58 | €63,404 | €87,138 | +€23,734 | +37.4% |
| Amounts receivable within one year | 40/41 | €39,195 | €76,785 | +€37,590 | +95.9% |
| Trade receivables | 40 | €18,675 | €12,639 | -€6,036 | -32.3% |
| Other amounts receivable | 41 | €20,519 | €64,146 | +€43,627 | +213% |
| Cash at bank and in hand | 54/58 | €13,424 | €10,243 | -€3,181 | -23.7% |
| Deferred charges and accrued income | 490/1 | €10,785 | €110 | -€10,675 | -99.0% |
| Total equity and liabilities | 10/49 | €122,260 | €142,929 | +€20,669 | +16.9% |
| Equity | 10/15 | €2,583 | €14,798 | +€12,215 | +473% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €83 | €12,298 | +€12,215 | +14,719% |
| Distributable reserves | 133 | €83 | €12,298 | +€12,215 | +14,719% |
| Amounts payable | 17/49 | €119,677 | €128,131 | +€8,454 | +7.1% |
| Amounts payable after more than one year | 17 | €54,539 | €61,210 | +€6,672 | +12.2% |
| Financial debts | 170/4 | €54,539 | €61,210 | +€6,672 | +12.2% |
| Amounts payable within one year | 42/48 | €60,521 | €66,921 | +€6,400 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €3,046 | €7,208 | +€4,162 | +137% |
| Trade debts | 44 | €19,834 | €47,872 | +€28,038 | +141% |
| Suppliers | 440/4 | €19,834 | €47,872 | +€28,038 | +141% |
| Taxes, remuneration and social security | 45 | €20,141 | €11,255 | -€8,887 | -44.1% |
| Taxes | 450/3 | €20,141 | €11,255 | -€8,887 | -44.1% |
| Other amounts payable | 47/48 | €17,500 | €587 | -€16,913 | -96.6% |
| Accrued charges and deferred income | 492/3 | €4,617 | - | -€4,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,065 | €3,065 | = | 0.0% |
| Other operating charges | 640/8 | €934 | €1,121 | +€187 | +20.1% |
| Gross operating margin | 9900 | €30,935 | €30,321 | -€615 | -2.0% |
| Operating profit (loss) | 9901 | €26,937 | €26,135 | -€802 | -3.0% |
| Financial income | 75/76B | €113 | €0 | -€113 | -99.8% |
| Recurring financial income | 75 | €113 | €0 | -€113 | -99.8% |
| Financial charges | 65/66B | €2,912 | €9,349 | +€6,437 | +221% |
| Recurring financial charges | 65 | €2,912 | €9,349 | +€6,437 | +221% |
| Profit (loss) for the period before taxes | 9903 | €24,138 | €16,786 | -€7,352 | -30.5% |
| Income taxes | 67/77 | €6,621 | €4,571 | -€2,051 | -31.0% |
| Profit (loss) for the period | 9904 | €17,517 | €12,215 | -€5,302 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,517 | €12,215 | -€5,302 | -30.3% |
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 14 October 2026 via checked.be.