TUNIBEL: 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.
TUNIBEL
Largest movements
- Receivables within one year +€47,007
up €47,007 (+44.9%), from €104,626 to €151,633
of which Other amounts receivable: +€46,040
- Deferred charges and accrued income -€3,459
down €3,459 (-31.6%), from €10,939 to €7,480
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€68,830
down €68,830 (-65.5%), from €105,010 to €36,180
- Tax, wage and social debts +€13,372
up €13,372 (+137%), from €9,760 to €23,132
of which Taxes: +€11,032
- Gross operating margin +€6,507
up €6,507 (+18.7%), from €34,883 to €41,390
- Taxes +€2,580
up €2,580 (+30.6%), from €8,428 to €11,008
- Financial income +€1,092
up €1,092 (+21.6%), from €5,048 to €6,140
of which Financial income: +€1,093
- Financial charges -€980
down €980 (-20.7%), from €4,728 to €3,748
of which Financial charges: -€970
- Depreciation -€582
down €582 (-49.9%), from €1,167 to €585
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 | €120,656 | €164,130 | +€43,474 | +36.0% |
| Fixed assets | 21/28 | €1,142 | €557 | -€585 | -51.2% |
| Tangible fixed assets | 22/27 | €1,142 | €557 | -€585 | -51.2% |
| Plant, machinery and equipment | 23 | €332 | - | -€332 | |
| Furniture and vehicles | 24 | €811 | €557 | -€254 | -31.3% |
| Current assets | 29/58 | €119,514 | €163,573 | +€44,059 | +36.9% |
| Amounts receivable within one year | 40/41 | €104,626 | €151,633 | +€47,007 | +44.9% |
| Trade receivables | 40 | €16,517 | €17,484 | +€968 | +5.9% |
| Other amounts receivable | 41 | €88,109 | €134,149 | +€46,040 | +52.3% |
| Cash at bank and in hand | 54/58 | €3,950 | €4,460 | +€510 | +12.9% |
| Deferred charges and accrued income | 490/1 | €10,939 | €7,480 | -€3,459 | -31.6% |
| Total equity and liabilities | 10/49 | €120,656 | €164,130 | +€43,474 | +36.0% |
| Equity | 10/15 | €108,010 | €39,180 | -€68,830 | -63.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,010 | €36,180 | -€68,830 | -65.5% |
| Amounts payable | 17/49 | €12,647 | €124,950 | +€112,303 | +888% |
| Amounts payable within one year | 42/48 | €12,647 | €124,950 | +€112,303 | +888% |
| Trade debts | 44 | €2,887 | €1,818 | -€1,069 | -37.0% |
| Suppliers | 440/4 | €2,887 | €1,818 | -€1,069 | -37.0% |
| Taxes, remuneration and social security | 45 | €9,760 | €23,132 | +€13,372 | +137% |
| Taxes | 450/3 | €9,760 | €20,792 | +€11,032 | +113% |
| Remuneration and social security | 454/9 | - | €2,340 | +€2,340 | |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €585 | -€582 | -49.9% |
| Other operating charges | 640/8 | €481 | €1,019 | +€538 | +112% |
| Gross operating margin | 9900 | €34,883 | €41,390 | +€6,507 | +18.7% |
| Operating profit (loss) | 9901 | €33,234 | €39,786 | +€6,552 | +19.7% |
| Financial income | 75/76B | €5,048 | €6,140 | +€1,092 | +21.6% |
| Recurring financial income | 75 | €5,047 | €6,140 | +€1,093 | +21.7% |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,728 | €3,748 | -€980 | -20.7% |
| Recurring financial charges | 65 | €4,718 | €3,748 | -€970 | -20.6% |
| Non-recurring financial charges | 66B | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | €33,554 | €42,178 | +€8,624 | +25.7% |
| Income taxes | 67/77 | €8,428 | €11,008 | +€2,580 | +30.6% |
| Profit (loss) for the period | 9904 | €25,125 | €31,170 | +€6,045 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,125 | €31,170 | +€6,045 | +24.1% |
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 20 October 2026 via checked.be.