TUJO: 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.
TUJO
Largest movements
- Tangible fixed assets -€46,588
no longer reported in 2025 (was €46,588)
- Profit (loss) carried forward -€38,342
down €38,342 (-49.7%), from -€77,119 to -€115,461
- Debts after one year -€6,752
down €6,752 (-18.9%), from €35,665 to €28,913
- Other debts -€4,477
down €4,477 (-6.1%), from €73,005 to €68,528
- Tax, wage and social debts +€3,048
up €3,048 (+612.2%), from €498 to €3,546
- Trade debts -€755
no longer reported in 2025 (was €755)
- Gross operating margin +€44,159
up €44,159 (+97.2%), from -€45,419 to -€1,260
- Depreciation -€16,120
no longer reported in 2025 (was €16,120)
- Financial charges -€6,087
down €6,087 (-46.1%), from €13,216 to €7,129
- Staff costs -€3,585
down €3,585, from €1,835 to -€1,750
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 | €67,056 | €20,991 | -€46,066 | -68.7% |
| Fixed assets | 21/28 | €46,588 | - | -€46,588 | |
| Tangible fixed assets | 22/27 | €46,588 | - | -€46,588 | |
| Plant, machinery and equipment | 23 | €9,450 | - | -€9,450 | |
| Furniture and vehicles | 24 | €18,536 | - | -€18,536 | |
| Other tangible fixed assets | 26 | €18,601 | - | -€18,601 | |
| Current assets | 29/58 | €20,469 | €20,991 | +€522 | +2.5% |
| Amounts receivable within one year | 40/41 | €19,923 | €20,477 | +€554 | +2.8% |
| Trade receivables | 40 | €19,060 | €20,062 | +€1,003 | +5.3% |
| Other amounts receivable | 41 | €863 | €415 | -€449 | -52.0% |
| Cash at bank and in hand | 54/58 | €546 | €514 | -€32 | -5.8% |
| Total equity and liabilities | 10/49 | €67,056 | €20,991 | -€46,066 | -68.7% |
| Equity | 10/15 | -€74,119 | -€112,461 | -€38,342 | -51.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,119 | -€115,461 | -€38,342 | -49.7% |
| Amounts payable | 17/49 | €141,175 | €133,452 | -€7,724 | -5.5% |
| Amounts payable after more than one year | 17 | €35,665 | €28,913 | -€6,752 | -18.9% |
| Financial debts | 170/4 | €35,665 | €28,913 | -€6,752 | -18.9% |
| Amounts payable within one year | 42/48 | €105,510 | €104,538 | -€972 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €6,255 | €6,752 | +€497 | +7.9% |
| Financial debts | 43 | €24,998 | €25,713 | +€715 | +2.9% |
| Credit institutions | 430/8 | €24,998 | €25,713 | +€715 | +2.9% |
| Trade debts | 44 | €755 | - | -€755 | |
| Suppliers | 440/4 | €755 | - | -€755 | |
| Taxes, remuneration and social security | 45 | €498 | €3,546 | +€3,048 | +612.2% |
| Taxes | 450/3 | €498 | €3,546 | +€3,048 | +612.2% |
| Other amounts payable | 47/48 | €73,005 | €68,528 | -€4,477 | -6.1% |
| Remuneration, social security and pensions | 62 | €1,835 | -€1,750 | -€3,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,120 | - | -€16,120 | |
| Other operating charges | 640/8 | €529 | €115 | -€414 | -78.2% |
| Non-recurring operating charges | 66A | - | €31,588 | +€31,588 | |
| Gross operating margin | 9900 | -€45,419 | -€1,260 | +€44,159 | +97.2% |
| Operating profit (loss) | 9901 | -€63,902 | -€31,213 | +€32,689 | +51.2% |
| Financial charges | 65/66B | €13,216 | €7,129 | -€6,087 | -46.1% |
| Recurring financial charges | 65 | €13,216 | €7,129 | -€6,087 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€77,119 | -€38,342 | +€38,777 | +50.3% |
| Profit (loss) for the period | 9904 | -€77,119 | -€38,342 | +€38,777 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,119 | -€38,342 | +€38,777 | +50.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.