TUIM: 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.
TUIM
Largest movements
- Tangible fixed assets -€31,754
down €31,754 (-5.6%), from €565,652 to €533,898
of which Land and buildings: -€30,090
- Receivables within one year -€26,109
down €26,109 (-70.1%), from €37,250 to €11,142
- Cash +€24,387
up €24,387 (+134%), from €18,213 to €42,601
mainly Depreciation (+€31,754) and Receivables within one year (+€26,109)
- Tax, wage and social debts -€14,743
down €14,743 (-47.6%), from €30,952 to €16,209
- Financial income -€97,607
down €97,607 (-94.8%), from €102,966 to €5,360
of which Non-recurring financial income: -€100,791
- Gross operating margin +€7,440
up €7,440 (+22.3%), from €33,315 to €40,755
- Taxes -€3,887
down €3,887 (-19.7%), from €19,728 to €15,841
- Financial charges -€555
down €555 (-11.5%), from €4,835 to €4,280
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 | €1,091,561 | €1,055,507 | -€36,054 | -3.3% |
| Fixed assets | 21/28 | €566,867 | €535,113 | -€31,754 | -5.6% |
| Tangible fixed assets | 22/27 | €565,652 | €533,898 | -€31,754 | -5.6% |
| Land and buildings | 22 | €561,606 | €531,516 | -€30,090 | -5.4% |
| Plant, machinery and equipment | 23 | €4,046 | €2,381 | -€1,664 | -41.1% |
| Financial fixed assets | 28 | €1,215 | €1,215 | = | 0.0% |
| Current assets | 29/58 | €524,694 | €520,394 | -€4,301 | -0.8% |
| Amounts receivable within one year | 40/41 | €37,250 | €11,142 | -€26,109 | -70.1% |
| Trade receivables | 40 | €37,250 | €11,142 | -€26,109 | -70.1% |
| Current investments | 50/53 | €459,231 | €462,982 | +€3,751 | +0.8% |
| Cash at bank and in hand | 54/58 | €18,213 | €42,601 | +€24,387 | +134% |
| Deferred charges and accrued income | 490/1 | €9,999 | €3,669 | -€6,330 | -63.3% |
| Total equity and liabilities | 10/49 | €1,091,561 | €1,055,507 | -€36,054 | -3.3% |
| Equity | 10/15 | €835,516 | €831,905 | -€3,611 | -0.4% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €773,016 | €769,405 | -€3,611 | -0.5% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €344,602 | €286,522 | -€58,080 | -16.9% |
| Distributable reserves | 133 | €422,164 | €476,632 | +€54,468 | +12.9% |
| Provisions and deferred taxes | 16 | €100,834 | €95,507 | -€5,327 | -5.3% |
| Deferred taxes | 168 | €100,834 | €95,507 | -€5,327 | -5.3% |
| Amounts payable | 17/49 | €155,211 | €128,094 | -€27,117 | -17.5% |
| Amounts payable after more than one year | 17 | €93,914 | €83,786 | -€10,128 | -10.8% |
| Financial debts | 170/4 | €93,914 | €83,786 | -€10,128 | -10.8% |
| Amounts payable within one year | 42/48 | €61,297 | €44,308 | -€16,989 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €9,747 | €10,128 | +€381 | +3.9% |
| Trade debts | 44 | €1,624 | €117 | -€1,507 | -92.8% |
| Suppliers | 440/4 | €1,624 | €117 | -€1,507 | -92.8% |
| Taxes, remuneration and social security | 45 | €30,952 | €16,209 | -€14,743 | -47.6% |
| Taxes | 450/3 | €30,952 | €16,209 | -€14,743 | -47.6% |
| Other amounts payable | 47/48 | €18,974 | €17,854 | -€1,120 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,574 | €31,754 | +€180 | +0.6% |
| Other operating charges | 640/8 | €3,000 | €3,178 | +€177 | +5.9% |
| Gross operating margin | 9900 | €33,315 | €40,755 | +€7,440 | +22.3% |
| Operating profit (loss) | 9901 | -€1,259 | €5,824 | +€7,083 | |
| Financial income | 75/76B | €102,966 | €5,360 | -€97,607 | -94.8% |
| Recurring financial income | 75 | €2,176 | €5,360 | +€3,184 | +146% |
| Non-recurring financial income | 76B | €100,791 | - | -€100,791 | |
| Financial charges | 65/66B | €4,835 | €4,280 | -€555 | -11.5% |
| Recurring financial charges | 65 | €4,835 | €4,280 | -€555 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €96,872 | €6,903 | -€89,969 | -92.9% |
| Transfer from deferred taxes | 780 | €5,327 | €5,327 | = | 0.0% |
| Income taxes | 67/77 | €19,728 | €15,841 | -€3,887 | -19.7% |
| Profit (loss) for the period | 9904 | €82,470 | -€3,611 | -€86,081 | |
| Transfer from tax-exempt reserves | 789 | €15,980 | €58,080 | +€42,100 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €98,450 | €54,468 | -€43,981 | -44.7% |
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 18 October 2026 via checked.be.