TUL'IN: 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.
TUL'IN
Largest movements
- Receivables within one year -€26,735
down €26,735 (-31.1%), from €85,884 to €59,149
of which Trade receivables: -€29,921
- Tangible fixed assets -€3,502
down €3,502 (-24.5%), from €14,298 to €10,796
- Advances received -€15,566
no longer reported in 2025 (was €15,566)
- Trade debts -€13,844
down €13,844 (-89.3%), from €15,512 to €1,668
- Tax, wage and social debts -€2,629
down €2,629 (-39.3%), from €6,683 to €4,054
of which Taxes: -€2,436
- Profit (loss) carried forward +€2,274
up €2,274 (+3.3%), from €68,996 to €71,270
- Depreciation +€4,382
up €4,382 (+711%), from €616 to €4,998
- Gross operating margin +€2,869
up €2,869 (+31.3%), from €9,173 to €12,042
- Taxes +€1,372
up €1,372 (+104%), from €1,324 to €2,696
- Other operating charges -€350
down €350 (-28.8%), from €1,215 to €864
- Financial charges -€125
down €125 (-9.4%), from €1,335 to €1,210
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 | €118,817 | €89,051 | -€29,765 | -25.1% |
| Fixed assets | 21/28 | €14,298 | €10,796 | -€3,502 | -24.5% |
| Tangible fixed assets | 22/27 | €14,298 | €10,796 | -€3,502 | -24.5% |
| Furniture and vehicles | 24 | €14,298 | €10,796 | -€3,502 | -24.5% |
| Current assets | 29/58 | €104,519 | €78,256 | -€26,263 | -25.1% |
| Stocks and contracts in progress | 3 | €6,491 | €6,735 | +€245 | +3.8% |
| Stocks | 30/36 | €6,491 | €6,735 | +€245 | +3.8% |
| Amounts receivable within one year | 40/41 | €85,884 | €59,149 | -€26,735 | -31.1% |
| Trade receivables | 40 | €29,921 | - | -€29,921 | |
| Other amounts receivable | 41 | €55,963 | €59,149 | +€3,186 | +5.7% |
| Cash at bank and in hand | 54/58 | €12,144 | €12,372 | +€227 | +1.9% |
| Total equity and liabilities | 10/49 | €118,817 | €89,051 | -€29,765 | -25.1% |
| Equity | 10/15 | €81,056 | €83,330 | +€2,274 | +2.8% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,996 | €71,270 | +€2,274 | +3.3% |
| Amounts payable | 17/49 | €37,760 | €5,721 | -€32,039 | -84.8% |
| Amounts payable within one year | 42/48 | €37,760 | €5,721 | -€32,039 | -84.8% |
| Trade debts | 44 | €15,512 | €1,668 | -€13,844 | -89.3% |
| Suppliers | 440/4 | €15,512 | €1,668 | -€13,844 | -89.3% |
| Advances received on contracts in progress | 46 | €15,566 | - | -€15,566 | |
| Taxes, remuneration and social security | 45 | €6,683 | €4,054 | -€2,629 | -39.3% |
| Taxes | 450/3 | €6,490 | €4,054 | -€2,436 | -37.5% |
| Remuneration and social security | 454/9 | €193 | - | -€193 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €4,998 | +€4,382 | +711% |
| Other operating charges | 640/8 | €1,215 | €864 | -€350 | -28.8% |
| Gross operating margin | 9900 | €9,173 | €12,042 | +€2,869 | +31.3% |
| Operating profit (loss) | 9901 | €7,342 | €6,180 | -€1,163 | -15.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,335 | €1,210 | -€125 | -9.4% |
| Recurring financial charges | 65 | €1,335 | €1,210 | -€125 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €6,008 | €4,970 | -€1,038 | -17.3% |
| Income taxes | 67/77 | €1,324 | €2,696 | +€1,372 | +104% |
| Profit (loss) for the period | 9904 | €4,684 | €2,274 | -€2,410 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,684 | €2,274 | -€2,410 | -51.4% |
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 25 October 2026 via checked.be.