TULOKA: 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.
TULOKA
Largest movements
- Receivables within one year +€30,819
up €30,819 (+217%), from €14,194 to €45,013
of which Trade receivables: +€24,200
- Cash -€18,378
down €18,378 (-61.0%), from €30,141 to €11,763
mainly Receivables within one year (-€30,819) and Tax, wage and social debts (-€9,039)
- Tax, wage and social debts -€9,039
down €9,039 (-60.7%), from €14,884 to €5,844
of which Taxes: -€6,445
- Reserves +€7,318
up €7,318 (+2.3%), from €321,009 to €328,327
- Trade debts +€6,844
up €6,844 (+2,569%), from €266 to €7,110
- Gross operating margin -€49,437
down €49,437 (-66.4%), from €74,486 to €25,049
- Taxes -€9,095
down €9,095 (-67.9%), from €13,385 to €4,290
- Depreciation +€917
up €917 (+17.6%), from €5,210 to €6,126
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 | €428,096 | €436,887 | +€8,791 | +2.1% |
| Fixed assets | 21/28 | €382,308 | €378,214 | -€4,093 | -1.1% |
| Tangible fixed assets | 22/27 | €32,308 | €28,214 | -€4,093 | -12.7% |
| Plant, machinery and equipment | 23 | €28,736 | €23,833 | -€4,903 | -17.1% |
| Furniture and vehicles | 24 | €3,572 | €4,381 | +€809 | +22.7% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €45,788 | €58,672 | +€12,884 | +28.1% |
| Amounts receivable within one year | 40/41 | €14,194 | €45,013 | +€30,819 | +217% |
| Trade receivables | 40 | €12,100 | €36,300 | +€24,200 | +200% |
| Other amounts receivable | 41 | €2,094 | €8,713 | +€6,619 | +316% |
| Cash at bank and in hand | 54/58 | €30,141 | €11,763 | -€18,378 | -61.0% |
| Deferred charges and accrued income | 490/1 | €1,453 | €1,896 | +€443 | +30.5% |
| Total equity and liabilities | 10/49 | €428,096 | €436,887 | +€8,791 | +2.1% |
| Equity | 10/15 | €339,609 | €346,927 | +€7,318 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,009 | €328,327 | +€7,318 | +2.3% |
| Distributable reserves | 133 | €321,009 | €328,327 | +€7,318 | +2.3% |
| Amounts payable | 17/49 | €88,487 | €89,960 | +€1,473 | +1.7% |
| Amounts payable within one year | 42/48 | €87,026 | €87,338 | +€312 | +0.4% |
| Financial debts | 43 | €4,436 | €4,418 | -€18 | -0.4% |
| Credit institutions | 430/8 | €4,436 | €4,418 | -€18 | -0.4% |
| Trade debts | 44 | €266 | €7,110 | +€6,844 | +2,569% |
| Suppliers | 440/4 | €266 | €7,110 | +€6,844 | +2,569% |
| Taxes, remuneration and social security | 45 | €14,884 | €5,844 | -€9,039 | -60.7% |
| Taxes | 450/3 | €10,518 | €4,072 | -€6,445 | -61.3% |
| Remuneration and social security | 454/9 | €4,366 | €1,772 | -€2,594 | -59.4% |
| Other amounts payable | 47/48 | €67,440 | €69,965 | +€2,525 | +3.7% |
| Accrued charges and deferred income | 492/3 | €1,461 | €2,622 | +€1,162 | +79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,210 | €6,126 | +€917 | +17.6% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €74,486 | €25,049 | -€49,437 | -66.4% |
| Operating profit (loss) | 9901 | €68,749 | €18,379 | -€50,370 | -73.3% |
| Financial income | 75/76B | €11 | €10 | -€0 | -2.3% |
| Recurring financial income | 75 | €11 | €10 | -€0 | -2.3% |
| Financial charges | 65/66B | €4,547 | €5,117 | +€570 | +12.5% |
| Recurring financial charges | 65 | €4,547 | €5,117 | +€570 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €64,213 | €13,272 | -€50,940 | -79.3% |
| Income taxes | 67/77 | €13,385 | €4,290 | -€9,095 | -67.9% |
| Profit (loss) for the period | 9904 | €50,828 | €8,982 | -€41,845 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,828 | €8,982 | -€41,845 | -82.3% |
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.