TUMAS: 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.
TUMAS
Largest movements
- Financial fixed assets +€2.1m
up €2.1m (+1,396,194%), from €150 to €2.1m
- Receivables within one year +€265,249
up €265,249 (+75.8%), from €349,970 to €615,218
of which Trade receivables: +€314,035
- Cash -€108,469
down €108,469 (-82.6%), from €131,269 to €22,801
mainly Investment in fixed assets (net) (-€2.1m) and Receivables within one year (-€265,249)
- Debts after one year +€2.0m
up €2.0m (+24,816%), from €8,125 to €2.0m
- Trade debts +€169,791
up €169,791 (+179%), from €94,632 to €264,424
- Profit (loss) carried forward +€37,657
up €37,657 (+12.4%), from €304,745 to €342,402
- Gross operating margin +€61,008
up €61,008 (+23.3%), from €261,712 to €322,720
- Staff costs +€23,256
up €23,256 (+11.2%), from €207,409 to €230,665
- Other operating charges +€14,602
up €14,602 (+294%), from €4,972 to €19,574
- Taxes +€10,210
up €10,210 (+850%), from €1,201 to €11,411
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 | €528,131 | €2,776,177 | +€2.2m | +426% |
| Fixed assets | 21/28 | €32,247 | €2,123,248 | +€2.1m | +6,484% |
| Tangible fixed assets | 22/27 | €32,097 | €28,807 | -€3,289 | -10.2% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €2,286 | €14,662 | +€12,376 | +541% |
| Furniture and vehicles | 24 | €29,811 | €14,146 | -€15,665 | -52.5% |
| Financial fixed assets | 28 | €150 | €2,094,440 | +€2.1m | +1,396,194% |
| Current assets | 29/58 | €495,884 | €652,929 | +€157,045 | +31.7% |
| Stocks and contracts in progress | 3 | €14,645 | €14,910 | +€265 | +1.8% |
| Stocks | 30/36 | €14,645 | €14,910 | +€265 | +1.8% |
| Amounts receivable within one year | 40/41 | €349,970 | €615,218 | +€265,249 | +75.8% |
| Trade receivables | 40 | €270,527 | €584,561 | +€314,035 | +116% |
| Other amounts receivable | 41 | €79,443 | €30,657 | -€48,786 | -61.4% |
| Cash at bank and in hand | 54/58 | €131,269 | €22,801 | -€108,469 | -82.6% |
| Total equity and liabilities | 10/49 | €528,131 | €2,776,177 | +€2.2m | +426% |
| Equity | 10/15 | €389,248 | €426,905 | +€37,657 | +9.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €64,503 | €64,503 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €62,503 | €62,503 | = | 0.0% |
| Profit (loss) carried forward | 14 | €304,745 | €342,402 | +€37,657 | +12.4% |
| Amounts payable | 17/49 | €138,883 | €2,349,272 | +€2.2m | +1,592% |
| Amounts payable after more than one year | 17 | €8,125 | €2,024,412 | +€2.0m | +24,816% |
| Financial debts | 170/4 | €8,125 | €2,024,412 | +€2.0m | +24,816% |
| Amounts payable within one year | 42/48 | €125,258 | €324,860 | +€199,602 | +159% |
| Trade debts | 44 | €94,632 | €264,424 | +€169,791 | +179% |
| Suppliers | 440/4 | €94,632 | €264,424 | +€169,791 | +179% |
| Taxes, remuneration and social security | 45 | €30,626 | €41,528 | +€10,902 | +35.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €30,626 | €41,528 | +€10,902 | +35.6% |
| Other amounts payable | 47/48 | - | €18,909 | +€18,909 | |
| Accrued charges and deferred income | 492/3 | €5,500 | - | -€5,500 | |
| Non-recurring operating income | 76A | - | €2,164 | +€2,164 | |
| Remuneration, social security and pensions | 62 | €207,409 | €230,665 | +€23,256 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,194 | €21,176 | -€1,018 | -4.6% |
| Other operating charges | 640/8 | €4,972 | €19,574 | +€14,602 | +294% |
| Gross operating margin | 9900 | €261,712 | €322,720 | +€61,008 | +23.3% |
| Operating profit (loss) | 9901 | €27,137 | €51,304 | +€24,167 | +89.1% |
| Financial income | 75/76B | - | €1,204 | +€1,204 | |
| Recurring financial income | 75 | - | €1,204 | +€1,204 | |
| Financial charges | 65/66B | €6,168 | €3,440 | -€2,728 | -44.2% |
| Recurring financial charges | 65 | €6,168 | €3,440 | -€2,728 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €20,969 | €49,068 | +€28,099 | +134% |
| Income taxes | 67/77 | €1,201 | €11,411 | +€10,210 | +850% |
| Profit (loss) for the period | 9904 | €19,767 | €37,657 | +€17,890 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,767 | €37,657 | +€17,890 | +90.5% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.