TULITU: 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.
TULITU
Largest movements
- Cash -€2,054
down €2,054 (-12.6%), from €16,283 to €14,229
mainly Trade debts (-€5,558) and Tax, wage and social debts (-€3,318)
- Receivables after one year +€1,823
new in 2025: €1,823
- Financial fixed assets -€1,643
down €1,643 (-34.1%), from €4,813 to €3,170
- Trade debts -€5,558
down €5,558 (-56.4%), from €9,854 to €4,296
- Other debts +€4,232
up €4,232 (+20.8%), from €20,381 to €24,613
- Current portion of long-term debt +€3,830
up €3,830 (+62.1%), from €6,170 to €10,000
- Tax, wage and social debts -€3,318
down €3,318 (-23.7%), from €14,027 to €10,709
of which Remuneration and social security: -€6,534
- Profit (loss) carried forward -€2,359
down €2,359 (-9.9%), from €23,763 to €21,405
- Gross operating margin +€6,709
up €6,709 (+10.0%), from €67,001 to €73,710
- Staff costs +€2,739
up €2,739 (+4.2%), from €64,547 to €67,285
- Taxes +€960
new in 2025: €960
- Other operating charges +€825
up €825 (+46.0%), from €1,793 to €2,618
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 | €128,938 | €125,765 | -€3,173 | -2.5% |
| Fixed assets | 21/28 | €13,342 | €10,893 | -€2,449 | -18.4% |
| Tangible fixed assets | 22/27 | €8,528 | €7,722 | -€806 | -9.4% |
| Furniture and vehicles | 24 | €1,062 | €1,229 | +€167 | +15.7% |
| Other tangible fixed assets | 26 | €7,466 | €6,494 | -€973 | -13.0% |
| Financial fixed assets | 28 | €4,813 | €3,170 | -€1,643 | -34.1% |
| Current assets | 29/58 | €115,597 | €114,872 | -€724 | -0.6% |
| Amounts receivable after more than one year | 29 | - | €1,823 | +€1,823 | |
| Other amounts receivable | 291 | - | €1,823 | +€1,823 | |
| Stocks and contracts in progress | 3 | €99,002 | €98,146 | -€855 | -0.9% |
| Stocks | 30/36 | €99,002 | €98,146 | -€855 | -0.9% |
| Amounts receivable within one year | 40/41 | €312 | €215 | -€97 | -31.0% |
| Trade receivables | 40 | €279 | €102 | -€177 | -63.6% |
| Other amounts receivable | 41 | €34 | €114 | +€80 | +238% |
| Cash at bank and in hand | 54/58 | €16,283 | €14,229 | -€2,054 | -12.6% |
| Deferred charges and accrued income | 490/1 | - | €458 | +€458 | |
| Total equity and liabilities | 10/49 | €128,938 | €125,765 | -€3,173 | -2.5% |
| Equity | 10/15 | €78,506 | €76,147 | -€2,359 | -3.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €24,742 | €24,742 | = | 0.0% |
| Tax-exempt reserves | 132 | €87 | €87 | = | 0.0% |
| Distributable reserves | 133 | €24,656 | €24,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,763 | €21,405 | -€2,359 | -9.9% |
| Amounts payable | 17/49 | €50,432 | €49,618 | -€814 | -1.6% |
| Amounts payable within one year | 42/48 | €50,432 | €49,618 | -€814 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €6,170 | €10,000 | +€3,830 | +62.1% |
| Trade debts | 44 | €9,854 | €4,296 | -€5,558 | -56.4% |
| Suppliers | 440/4 | €9,854 | €4,296 | -€5,558 | -56.4% |
| Taxes, remuneration and social security | 45 | €14,027 | €10,709 | -€3,318 | -23.7% |
| Taxes | 450/3 | €2,978 | €6,194 | +€3,216 | +108% |
| Remuneration and social security | 454/9 | €11,049 | €4,515 | -€6,534 | -59.1% |
| Other amounts payable | 47/48 | €20,381 | €24,613 | +€4,232 | +20.8% |
| Non-recurring operating income | 76A | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €64,547 | €67,285 | +€2,739 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,684 | €2,242 | +€559 | +33.2% |
| Other operating charges | 640/8 | €1,793 | €2,618 | +€825 | +46.0% |
| Gross operating margin | 9900 | €67,001 | €73,710 | +€6,709 | +10.0% |
| Operating profit (loss) | 9901 | -€1,022 | €1,566 | +€2,587 | |
| Financial income | 75/76B | €8 | €18 | +€10 | +129% |
| Recurring financial income | 75 | €8 | €18 | +€10 | +129% |
| Financial charges | 65/66B | €2,502 | €2,983 | +€480 | +19.2% |
| Recurring financial charges | 65 | €2,502 | €2,983 | +€480 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,516 | -€1,399 | +€2,117 | +60.2% |
| Income taxes | 67/77 | - | €960 | +€960 | |
| Profit (loss) for the period | 9904 | -€3,516 | -€2,359 | +€1,157 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,516 | -€2,359 | +€1,157 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.