TUDIBO: what changed
Two fiscal 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.
TUDIBO
Largest movements
- Cash +€82,053
up €82,053 (+33.1%), from €248,079 to €330,132
mainly Other debts (+€125,000) and Net result for the year (+€63,778)
- Receivables within one year -€58,986
down €58,986 (-29.5%), from €200,152 to €141,166
of which Trade receivables: -€38,921
- Tangible fixed assets -€38,973
down €38,973 (-16.4%), from €237,953 to €198,980
of which Furniture and vehicles: -€30,020
- Other debts +€125,000
up €125,000, from €0 to €125,000
- Tax, wage and social debts -€68,892
down €68,892 (-43.5%), from €158,339 to €89,447
of which Taxes: -€69,474
- Reserves -€61,222
down €61,222 (-14.7%), from €415,239 to €354,016
- Trade debts +€44,074
up €44,074 (+297.6%), from €14,808 to €58,882
- Advances received -€39,330
no longer reported in 2025 (was €39,330)
- Gross operating margin +€63,822
up €63,822 (+33.6%), from €189,776 to €253,598
- Taxes +€13,870
up €13,870 (+63.5%), from €21,847 to €35,717
- Depreciation +€10,517
up €10,517 (+23.4%), from €44,916 to €55,433
- Financial income -€8,084
down €8,084 (-88.8%), from €9,106 to €1,022
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 | €693,933 | €677,045 | -€16,888 | -2.4% |
| Fixed assets | 21/28 | €241,153 | €203,700 | -€37,453 | -15.5% |
| Tangible fixed assets | 22/27 | €237,953 | €198,980 | -€38,973 | -16.4% |
| Land and buildings | 22 | €75,834 | €57,077 | -€18,758 | -24.7% |
| Plant, machinery and equipment | 23 | €70,733 | €54,019 | -€16,715 | -23.6% |
| Furniture and vehicles | 24 | €91,386 | €61,365 | -€30,020 | -32.9% |
| Leasing and similar rights | 25 | - | €26,520 | +€26,520 | |
| Financial fixed assets | 28 | €3,200 | €4,720 | +€1,520 | +47.5% |
| Current assets | 29/58 | €452,780 | €473,344 | +€20,564 | +4.5% |
| Stocks and contracts in progress | 3 | €1,553 | €2,045 | +€493 | +31.7% |
| Stocks | 30/36 | €1,553 | €2,045 | +€493 | +31.7% |
| Amounts receivable within one year | 40/41 | €200,152 | €141,166 | -€58,986 | -29.5% |
| Trade receivables | 40 | €54,524 | €15,603 | -€38,921 | -71.4% |
| Other amounts receivable | 41 | €145,627 | €125,563 | -€20,065 | -13.8% |
| Cash at bank and in hand | 54/58 | €248,079 | €330,132 | +€82,053 | +33.1% |
| Deferred charges and accrued income | 490/1 | €2,995 | - | -€2,995 | |
| Total equity and liabilities | 10/49 | €693,933 | €677,045 | -€16,888 | -2.4% |
| Equity | 10/15 | €418,946 | €357,723 | -€61,222 | -14.6% |
| Contributions | 10/11 | €3,707 | €3,707 | = | 0.0% |
| Reserves | 13 | €415,239 | €354,016 | -€61,222 | -14.7% |
| Distributable reserves | 133 | €415,239 | €354,016 | -€61,222 | -14.7% |
| Provisions and deferred taxes | 16 | €22,075 | €22,075 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,075 | €22,075 | = | 0.0% |
| Major repairs and maintenance | 162 | €16,950 | €16,950 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,125 | €5,125 | = | 0.0% |
| Amounts payable | 17/49 | €252,912 | €297,246 | +€44,334 | +17.5% |
| Amounts payable after more than one year | 17 | €15,918 | - | -€15,918 | |
| Financial debts | 170/4 | €15,918 | - | -€15,918 | |
| Amounts payable within one year | 42/48 | €229,394 | €289,246 | +€59,852 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €16,917 | €15,918 | -€999 | -5.9% |
| Trade debts | 44 | €14,808 | €58,882 | +€44,074 | +297.6% |
| Suppliers | 440/4 | €14,808 | €58,882 | +€44,074 | +297.6% |
| Advances received on contracts in progress | 46 | €39,330 | - | -€39,330 | |
| Taxes, remuneration and social security | 45 | €158,339 | €89,447 | -€68,892 | -43.5% |
| Taxes | 450/3 | €146,590 | €77,117 | -€69,474 | -47.4% |
| Remuneration and social security | 454/9 | €11,748 | €12,330 | +€582 | +5.0% |
| Other amounts payable | 47/48 | €0 | €125,000 | +€125,000 | |
| Accrued charges and deferred income | 492/3 | €7,600 | €8,000 | +€400 | +5.3% |
| Remuneration, social security and pensions | 62 | €72,278 | €70,754 | -€1,524 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,916 | €55,433 | +€10,517 | +23.4% |
| Other operating charges | 640/8 | €3,580 | €4,667 | +€1,087 | +30.4% |
| Non-recurring operating charges | 66A | - | €17,898 | +€17,898 | |
| Gross operating margin | 9900 | €189,776 | €253,598 | +€63,822 | +33.6% |
| Operating profit (loss) | 9901 | €69,001 | €104,845 | +€35,844 | +51.9% |
| Financial income | 75/76B | €9,106 | €1,022 | -€8,084 | -88.8% |
| Recurring financial income | 75 | €9,106 | €1,022 | -€8,084 | -88.8% |
| Financial charges | 65/66B | €7,440 | €6,372 | -€1,068 | -14.4% |
| Recurring financial charges | 65 | €7,440 | €6,372 | -€1,068 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €70,667 | €99,495 | +€28,827 | +40.8% |
| Income taxes | 67/77 | €21,847 | €35,717 | +€13,870 | +63.5% |
| Profit (loss) for the period | 9904 | €48,821 | €63,778 | +€14,957 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,821 | €63,778 | +€14,957 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.