TULUMM: 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.
TULUMM
Largest movements
- Receivables within one year -€11,382
down €11,382 (-98.9%), from €11,510 to €128
- Tangible fixed assets -€5,734
down €5,734 (-15.5%), from €37,112 to €31,378
of which Other tangible fixed assets: -€4,049
- Cash -€4,474
down €4,474 (-97.7%), from €4,581 to €106
mainly Net result for the year (-€15,797) and Current portion of long-term debt (-€5,930)
- Reserves -€15,363
down €15,363 (-56.9%), from €27,000 to €11,637
- Current portion of long-term debt -€5,930
down €5,930 (-57.9%), from €10,248 to €4,317
- Debts after one year -€4,317
down €4,317 (-100.0%), from €4,317 to €0
- Tax, wage and social debts +€4,207
up €4,207 (+126.1%), from €3,336 to €7,543
of which Taxes: +€4,207
- Other debts +€3,458
new in 2025: €3,458
- Gross operating margin -€32,723
down €32,723, from €24,072 to -€8,651
- Taxes -€4,894
down €4,894 (-98.5%), from €4,971 to €77
- Other operating charges -€796
down €796 (-100.0%), from €796 to €0
- Financial charges +€484
up €484 (+56.8%), from €852 to €1,335
- Financial income -€380
down €380 (-100.0%), from €380 to €0
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 | €53,203 | €31,613 | -€21,590 | -40.6% |
| Fixed assets | 21/28 | €37,112 | €31,378 | -€5,734 | -15.5% |
| Tangible fixed assets | 22/27 | €37,112 | €31,378 | -€5,734 | -15.5% |
| Plant, machinery and equipment | 23 | €1,801 | €1,383 | -€418 | -23.2% |
| Furniture and vehicles | 24 | €8,338 | €7,072 | -€1,267 | -15.2% |
| Other tangible fixed assets | 26 | €26,973 | €22,924 | -€4,049 | -15.0% |
| Current assets | 29/58 | €16,090 | €234 | -€15,856 | -98.5% |
| Amounts receivable within one year | 40/41 | €11,510 | €128 | -€11,382 | -98.9% |
| Trade receivables | 40 | €11,510 | €128 | -€11,382 | -98.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,581 | €106 | -€4,474 | -97.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €53,203 | €31,613 | -€21,590 | -40.6% |
| Equity | 10/15 | €28,434 | €12,637 | -€15,797 | -55.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €11,637 | -€15,363 | -56.9% |
| Distributable reserves | 133 | €27,000 | €11,637 | -€15,363 | -56.9% |
| Profit (loss) carried forward | 14 | €434 | €0 | -€434 | -100.0% |
| Amounts payable | 17/49 | €24,769 | €18,975 | -€5,793 | -23.4% |
| Amounts payable after more than one year | 17 | €4,317 | €0 | -€4,317 | -100.0% |
| Financial debts | 170/4 | €4,317 | €0 | -€4,317 | -100.0% |
| Amounts payable within one year | 42/48 | €20,451 | €18,975 | -€1,476 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €10,248 | €4,317 | -€5,930 | -57.9% |
| Financial debts | 43 | €2,500 | €0 | -€2,500 | -100.0% |
| Credit institutions | 430/8 | €2,500 | €0 | -€2,500 | -100.0% |
| Trade debts | 44 | €4,367 | €3,657 | -€710 | -16.3% |
| Suppliers | 440/4 | €4,367 | €3,657 | -€710 | -16.3% |
| Taxes, remuneration and social security | 45 | €3,336 | €7,543 | +€4,207 | +126.1% |
| Taxes | 450/3 | €3,336 | €7,543 | +€4,207 | +126.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €3,458 | +€3,458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,451 | €5,734 | +€283 | +5.2% |
| Other operating charges | 640/8 | €796 | €0 | -€796 | -100.0% |
| Gross operating margin | 9900 | €24,072 | -€8,651 | -€32,723 | |
| Operating profit (loss) | 9901 | €17,825 | -€14,384 | -€32,209 | |
| Financial income | 75/76B | €380 | €0 | -€380 | -100.0% |
| Recurring financial income | 75 | €380 | €0 | -€380 | -100.0% |
| Financial charges | 65/66B | €852 | €1,335 | +€484 | +56.8% |
| Recurring financial charges | 65 | €852 | €1,335 | +€484 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €17,353 | -€15,720 | -€33,073 | |
| Income taxes | 67/77 | €4,971 | €77 | -€4,894 | -98.5% |
| Profit (loss) for the period | 9904 | €12,383 | -€15,797 | -€28,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,383 | -€15,797 | -€28,179 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.