Tuga: 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.
Tuga
Largest movements
- Cash -€4,838
down €4,838 (-45.8%), from €10,560 to €5,722
mainly Tax, wage and social debts (-€5,725) and Net result for the year (-€3,192)
- Tangible fixed assets -€3,000
down €3,000 (-14.3%), from €21,000 to €18,000
- Receivables within one year +€1,959
up €1,959 (+100.8%), from €1,943 to €3,901
of which Trade receivables: +€3,600
- Tax, wage and social debts -€5,725
down €5,725 (-65.3%), from €8,760 to €3,036
of which Taxes: -€5,725
- Advances received +€4,163
new in 2025: €4,163
- Profit (loss) carried forward -€3,192
down €3,192 (-1188.4%), from -€269 to -€3,461
- Trade debts -€2,577
down €2,577 (-40.2%), from €6,411 to €3,834
- Other debts +€1,452
new in 2025: €1,452
- Staff costs +€46,155
up €46,155 (+113.8%), from €40,548 to €86,704
- Gross operating margin +€38,982
up €38,982 (+79.9%), from €48,759 to €87,741
- Financial charges -€2,686
down €2,686 (-80.1%), from €3,355 to €669
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 | €33,503 | €27,623 | -€5,879 | -17.5% |
| Fixed assets | 21/28 | €21,000 | €18,000 | -€3,000 | -14.3% |
| Tangible fixed assets | 22/27 | €21,000 | €18,000 | -€3,000 | -14.3% |
| Other tangible fixed assets | 26 | €21,000 | €18,000 | -€3,000 | -14.3% |
| Current assets | 29/58 | €12,503 | €9,623 | -€2,879 | -23.0% |
| Amounts receivable within one year | 40/41 | €1,943 | €3,901 | +€1,959 | +100.8% |
| Trade receivables | 40 | - | €3,600 | +€3,600 | |
| Other amounts receivable | 41 | €1,943 | €301 | -€1,641 | -84.5% |
| Cash at bank and in hand | 54/58 | €10,560 | €5,722 | -€4,838 | -45.8% |
| Total equity and liabilities | 10/49 | €33,503 | €27,623 | -€5,879 | -17.5% |
| Equity | 10/15 | €18,331 | €15,139 | -€3,192 | -17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€269 | -€3,461 | -€3,192 | -1188.4% |
| Amounts payable | 17/49 | €15,171 | €12,484 | -€2,687 | -17.7% |
| Amounts payable within one year | 42/48 | €15,171 | €12,484 | -€2,687 | -17.7% |
| Trade debts | 44 | €6,411 | €3,834 | -€2,577 | -40.2% |
| Suppliers | 440/4 | €6,411 | €3,834 | -€2,577 | -40.2% |
| Advances received on contracts in progress | 46 | - | €4,163 | +€4,163 | |
| Taxes, remuneration and social security | 45 | €8,760 | €3,036 | -€5,725 | -65.3% |
| Taxes | 450/3 | €5,725 | - | -€5,725 | |
| Remuneration and social security | 454/9 | €3,036 | €3,036 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,452 | +€1,452 | |
| Remuneration, social security and pensions | 62 | €40,548 | €86,704 | +€46,155 | +113.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €3,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,423 | €561 | -€862 | -60.5% |
| Gross operating margin | 9900 | €48,759 | €87,741 | +€38,982 | +79.9% |
| Operating profit (loss) | 9901 | €3,788 | -€2,524 | -€6,312 | |
| Financial income | 75/76B | €193 | €0 | -€193 | -100.0% |
| Recurring financial income | 75 | €193 | €0 | -€193 | -100.0% |
| Financial charges | 65/66B | €3,355 | €669 | -€2,686 | -80.1% |
| Recurring financial charges | 65 | €3,355 | €669 | -€2,686 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €625 | -€3,192 | -€3,818 | |
| Income taxes | 67/77 | €863 | - | -€863 | |
| Profit (loss) for the period | 9904 | -€238 | -€3,192 | -€2,955 | -1242.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€238 | -€3,192 | -€2,955 | -1242.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.