TUMBZUP: 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.
What changed
TUMBZUP
NACE 85.599, Other education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,149
2024 · -€45,666+€50,815
Equity
€1.2m
2024 · €1.2m-€15,906
Cash
€259,303
2024 · €182,362+€76,941
Balance sheet total
€2.1m
2024 · €2.5m-€457,850
Largest movements
Assets
- Stocks and contracts -€573,886
down €573,886 (-100%), from €573,886 to €0
- Cash +€76,941
up €76,941 (+42.2%), from €182,362 to €259,303
mainly Stocks and contracts (+€573,886) and Depreciation (+€51,313)
Equity and liabilities
- Debts after one year -€426,530
down €426,530 (-33.6%), from €1.3m to €841,445
Income statement
- Financial income +€68,172
up €68,172 (+3,776%), from €1,805 to €69,977
of which Non-recurring financial income: +€68,212
- Gross operating margin -€29,770
down €29,770 (-54.3%), from €54,782 to €25,012
- Financial charges -€15,495
down €15,495 (-35.5%), from €43,656 to €28,161
- Depreciation +€3,085
up €3,085 (+6.4%), from €48,228 to €51,313
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.
Result 2024
-€45,666
Gross operating margin
-€29,770
Depreciation
-€3,085
Other operating charges
-€397
Other operating items
+€889
Financial income
+€68,172
Financial charges
+€15,495
Taxes
-€488
Result 2025
€5,149
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€595,395
Investment
-€69,568
Financing
-€448,886
Cash 2024
€182,362
From operations (derived)
+€595,395
Net result for the year
+€5,149
Depreciation
+€51,313
Stocks and contracts
+€573,886
Receivables within one year
-€16,293
Deferred charges and accrued income
-€4,548
Trade debts
-€12,857
Tax, wage and social debts
-€3,129
Smaller working-capital items
+€1,873
Investment (derived)
-€69,568
Investment in fixed assets (net)
-€69,568
Financing
-€448,886
Debts after one year
-€426,530
Current portion of long-term debt
-€1,300
Contributions, distributions and other
-€21,055
Cash 2025
€259,303
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,547,389 | €2,089,539 | -€457,850 | -18.0% |
| Fixed assets | 21/28 | €1,749,850 | €1,768,105 | +€18,255 | +1.0% |
| Tangible fixed assets | 22/27 | €1,154,235 | €1,154,051 | -€184 | 0.0% |
| Land and buildings | 22 | €1,085,032 | €1,051,753 | -€33,279 | -3.1% |
| Plant, machinery and equipment | 23 | €6,969 | €19,156 | +€12,187 | +175% |
| Furniture and vehicles | 24 | €0 | €33,731 | +€33,731 | |
| Other tangible fixed assets | 26 | €62,234 | €49,411 | -€12,823 | -20.6% |
| Financial fixed assets | 28 | €595,615 | €614,054 | +€18,439 | +3.1% |
| Current assets | 29/58 | €797,539 | €321,434 | -€476,105 | -59.7% |
| Stocks and contracts in progress | 3 | €573,886 | €0 | -€573,886 | -100% |
| Stocks | 30/36 | €573,886 | €0 | -€573,886 | -100% |
| Amounts receivable within one year | 40/41 | €6,009 | €22,302 | +€16,293 | +271% |
| Trade receivables | 40 | €5,996 | €22,302 | +€16,306 | +272% |
| Other amounts receivable | 41 | €13 | €0 | -€13 | -100% |
| Current investments | 50/53 | €20,629 | €20,629 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €182,362 | €259,303 | +€76,941 | +42.2% |
| Deferred charges and accrued income | 490/1 | €14,653 | €19,200 | +€4,548 | +31.0% |
| Total equity and liabilities | 10/49 | €2,547,389 | €2,089,539 | -€457,850 | -18.0% |
| Equity | 10/15 | €1,175,800 | €1,159,894 | -€15,906 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €581,615 | €565,709 | -€15,906 | -2.7% |
| Distributable reserves | 133 | €581,615 | €565,709 | -€15,906 | -2.7% |
| Profit (loss) carried forward | 14 | €587,985 | €587,985 | = | 0.0% |
| Amounts payable | 17/49 | €1,371,588 | €929,645 | -€441,944 | -32.2% |
| Amounts payable after more than one year | 17 | €1,267,975 | €841,445 | -€426,530 | -33.6% |
| Financial debts | 170/4 | €1,267,975 | €841,445 | -€426,530 | -33.6% |
| Amounts payable within one year | 42/48 | €103,614 | €87,488 | -€16,126 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €61,627 | €60,327 | -€1,300 | -2.1% |
| Trade debts | 44 | €34,191 | €21,334 | -€12,857 | -37.6% |
| Suppliers | 440/4 | €34,191 | €21,334 | -€12,857 | -37.6% |
| Taxes, remuneration and social security | 45 | €6,095 | €2,966 | -€3,129 | -51.3% |
| Taxes | 450/3 | €6,095 | €2,966 | -€3,129 | -51.3% |
| Other amounts payable | 47/48 | €1,701 | €2,861 | +€1,161 | +68.2% |
| Accrued charges and deferred income | 492/3 | - | €712 | +€712 | |
| Non-recurring operating income | 76A | €213 | €0 | -€213 | -100% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,228 | €51,313 | +€3,085 | +6.4% |
| Other operating charges | 640/8 | €9,163 | €9,560 | +€397 | +4.3% |
| Non-recurring operating charges | 66A | €889 | €0 | -€889 | -100% |
| Gross operating margin | 9900 | €54,782 | €25,012 | -€29,770 | -54.3% |
| Operating profit (loss) | 9901 | -€3,498 | -€35,861 | -€32,364 | -925% |
| Financial income | 75/76B | €1,805 | €69,977 | +€68,172 | +3,776% |
| Recurring financial income | 75 | €1,805 | €1,765 | -€41 | -2.3% |
| Non-recurring financial income | 76B | - | €68,212 | +€68,212 | |
| Financial charges | 65/66B | €43,656 | €28,161 | -€15,495 | -35.5% |
| Recurring financial charges | 65 | €43,656 | €28,161 | -€15,495 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,348 | €5,955 | +€51,303 | |
| Income taxes | 67/77 | €317 | €806 | +€488 | +154% |
| Profit (loss) for the period | 9904 | -€45,666 | €5,149 | +€50,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,666 | €5,149 | +€50,815 |
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 23 October 2026 via checked.be.