TUDINIS: 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.
TUDINIS
Largest movements
- Cash +€78,469
up €78,469 (+284.5%), from €27,581 to €106,050
mainly Net result for the year (+€141,285) and Debts after one year (+€29,465)
- Current investments +€60,087
up €60,087 (+25.0%), from €239,901 to €299,989
- Tangible fixed assets +€51,585
up €51,585 (+409.3%), from €12,603 to €64,189
of which Furniture and vehicles: +€50,356
- Reserves +€141,000
up €141,000 (+44.6%), from €316,000 to €457,000
- Debts after one year +€29,465
new in 2024: €29,465
- Current portion of long-term debt +€16,754
new in 2024: €16,754
- Tax, wage and social debts +€6,109
up €6,109 (+32.3%), from €18,910 to €25,019
of which Taxes: +€6,109
- Gross operating margin +€26,610
up €26,610 (+16.2%), from €163,791 to €190,401
- Taxes +€7,342
up €7,342 (+20.5%), from €35,733 to €43,075
- Depreciation +€5,025
up €5,025 (+111.6%), from €4,504 to €9,529
- Financial income +€3,375
up €3,375 (+101.6%), from €3,323 to €6,697
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.
Cash bridge derived
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 | €347,265 | €536,541 | +€189,277 | +54.5% |
| Fixed assets | 21/28 | €12,603 | €64,189 | +€51,585 | +409.3% |
| Tangible fixed assets | 22/27 | €12,603 | €64,189 | +€51,585 | +409.3% |
| Plant, machinery and equipment | 23 | €4,589 | €5,819 | +€1,230 | +26.8% |
| Furniture and vehicles | 24 | €8,014 | €58,370 | +€50,356 | +628.4% |
| Current assets | 29/58 | €334,661 | €472,353 | +€137,692 | +41.1% |
| Amounts receivable within one year | 40/41 | €56,759 | €57,701 | +€942 | +1.7% |
| Trade receivables | 40 | €53,495 | €54,437 | +€942 | +1.8% |
| Other amounts receivable | 41 | €3,264 | €3,264 | = | 0.0% |
| Current investments | 50/53 | €239,901 | €299,989 | +€60,087 | +25.0% |
| Cash at bank and in hand | 54/58 | €27,581 | €106,050 | +€78,469 | +284.5% |
| Deferred charges and accrued income | 490/1 | €10,420 | €8,613 | -€1,806 | -17.3% |
| Total equity and liabilities | 10/49 | €347,265 | €536,541 | +€189,277 | +54.5% |
| Equity | 10/15 | €317,027 | €458,312 | +€141,285 | +44.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €316,000 | €457,000 | +€141,000 | +44.6% |
| Distributable reserves | 133 | €316,000 | €457,000 | +€141,000 | +44.6% |
| Profit (loss) carried forward | 14 | €27 | €312 | +€285 | +1055.0% |
| Amounts payable | 17/49 | €30,238 | €78,229 | +€47,991 | +158.7% |
| Amounts payable after more than one year | 17 | - | €29,465 | +€29,465 | |
| Financial debts | 170/4 | - | €29,465 | +€29,465 | |
| Amounts payable within one year | 42/48 | €27,060 | €45,784 | +€18,724 | +69.2% |
| Current portion of amounts payable after more than one year | 42 | - | €16,754 | +€16,754 | |
| Trade debts | 44 | €2,687 | €2,964 | +€277 | +10.3% |
| Suppliers | 440/4 | €2,687 | €2,964 | +€277 | +10.3% |
| Taxes, remuneration and social security | 45 | €18,910 | €25,019 | +€6,109 | +32.3% |
| Taxes | 450/3 | €18,910 | €25,019 | +€6,109 | +32.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,463 | €1,048 | -€4,415 | -80.8% |
| Accrued charges and deferred income | 492/3 | €3,177 | €2,980 | -€197 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,504 | €9,529 | +€5,025 | +111.6% |
| Other operating charges | 640/8 | €726 | €680 | -€46 | -6.3% |
| Gross operating margin | 9900 | €163,791 | €190,401 | +€26,610 | +16.2% |
| Operating profit (loss) | 9901 | €158,562 | €180,192 | +€21,631 | +13.6% |
| Financial income | 75/76B | €3,323 | €6,697 | +€3,375 | +101.6% |
| Recurring financial income | 75 | €3,323 | €6,697 | +€3,375 | +101.6% |
| Financial charges | 65/66B | €1,311 | €2,529 | +€1,219 | +93.0% |
| Recurring financial charges | 65 | €1,311 | €2,529 | +€1,219 | +93.0% |
| Profit (loss) for the period before taxes | 9903 | €160,574 | €184,361 | +€23,787 | +14.8% |
| Income taxes | 67/77 | €35,733 | €43,075 | +€7,342 | +20.5% |
| Profit (loss) for the period | 9904 | €124,841 | €141,285 | +€16,445 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €124,841 | €141,285 | +€16,445 | +13.2% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.