TUDOR CONSTRUCT: 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.
TUDOR CONSTRUCT
Largest movements
- Receivables within one year +€18,671
up €18,671 (+437.4%), from €4,268 to €22,939
of which Trade receivables: +€18,953
- Tangible fixed assets -€2,601
down €2,601 (-19.1%), from €13,621 to €11,020
of which Furniture and vehicles: -€2,248
- Cash -€1,222
down €1,222 (-40.9%), from €2,989 to €1,767
mainly Receivables within one year (-€18,671) and Other debts (-€7,208)
- Profit (loss) carried forward +€16,350
up €16,350, from -€3,294 to €13,056
- Other debts -€7,208
down €7,208 (-34.5%), from €20,902 to €13,695
- Tax, wage and social debts +€5,946
new in 2024: €5,946
- Turnover -€172,957
no longer reported in 2024 (was €172,957)
- Purchases and services -€172,061
no longer reported in 2024 (was €172,061)
- Gross operating margin +€25,866
up €25,866 (+2886.9%), from €896 to €26,762
- Taxes +€3,575
new in 2024: €3,575
- Depreciation +€2,214
up €2,214 (+60.0%), from €3,688 to €5,901
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 | €20,915 | €35,726 | +€14,811 | +70.8% |
| Fixed assets | 21/28 | €13,621 | €11,020 | -€2,601 | -19.1% |
| Tangible fixed assets | 22/27 | €13,621 | €11,020 | -€2,601 | -19.1% |
| Plant, machinery and equipment | 23 | €873 | €520 | -€353 | -40.4% |
| Furniture and vehicles | 24 | €12,748 | €10,500 | -€2,248 | -17.6% |
| Current assets | 29/58 | €7,294 | €24,706 | +€17,412 | +238.7% |
| Amounts receivable within one year | 40/41 | €4,268 | €22,939 | +€18,671 | +437.4% |
| Trade receivables | 40 | €3,570 | €22,523 | +€18,953 | +530.9% |
| Other amounts receivable | 41 | €698 | €416 | -€282 | -40.4% |
| Cash at bank and in hand | 54/58 | €2,989 | €1,767 | -€1,222 | -40.9% |
| Deferred charges and accrued income | 490/1 | €37 | - | -€37 | |
| Total equity and liabilities | 10/49 | €20,915 | €35,726 | +€14,811 | +70.8% |
| Equity | 10/15 | -€294 | €16,056 | +€16,350 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,294 | €13,056 | +€16,350 | |
| Amounts payable | 17/49 | €21,209 | €19,670 | -€1,539 | -7.3% |
| Amounts payable within one year | 42/48 | €21,209 | €19,670 | -€1,539 | -7.3% |
| Trade debts | 44 | €307 | €30 | -€276 | -90.1% |
| Suppliers | 440/4 | €307 | €30 | -€276 | -90.1% |
| Taxes, remuneration and social security | 45 | - | €5,946 | +€5,946 | |
| Taxes | 450/3 | - | €5,946 | +€5,946 | |
| Other amounts payable | 47/48 | €20,902 | €13,695 | -€7,208 | -34.5% |
| Turnover | 70 | €172,957 | - | -€172,957 | |
| Goods, raw materials, services and sundry goods | 60/61 | €172,061 | - | -€172,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,688 | €5,901 | +€2,214 | +60.0% |
| Other operating charges | 640/8 | €408 | €550 | +€142 | +34.7% |
| Gross operating margin | 9900 | €896 | €26,762 | +€25,866 | +2886.9% |
| Operating profit (loss) | 9901 | -€3,200 | €20,311 | +€23,510 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €94 | €386 | +€292 | +310.5% |
| Recurring financial charges | 65 | €94 | €386 | +€292 | +310.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,294 | €19,925 | +€23,219 | |
| Income taxes | 67/77 | - | €3,575 | +€3,575 | |
| Profit (loss) for the period | 9904 | -€3,294 | €16,350 | +€19,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,294 | €16,350 | +€19,643 |
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 3 October 2026 via checked.be.