TUPELO: 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.
TUPELO
Largest movements
- Receivables within one year -€26,765
down €26,765 (-68.4%), from €39,156 to €12,391
of which Trade receivables: -€26,190
- Cash -€13,665
down €13,665 (-62.4%), from €21,915 to €8,250
mainly Net result for the year (-€34,247) and Tax, wage and social debts (-€9,164)
- Tangible fixed assets -€2,223
down €2,223 (-55.8%), from €3,984 to €1,761
- Profit (loss) carried forward -€34,247
down €34,247, from €4,349 to -€29,898
- Tax, wage and social debts -€9,164
down €9,164 (-87.4%), from €10,486 to €1,322
- Gross operating margin -€57,944
down €57,944, from €27,585 to -€30,360
- Taxes -€6,961
down €6,961 (-92.4%), from €7,536 to €575
- Other operating charges -€1,414
down €1,414 (-69.3%), from €2,040 to €626
- Depreciation -€1,382
down €1,382 (-38.3%), from €3,605 to €2,223
- Financial charges -€990
down €990 (-61.7%), from €1,605 to €615
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 | €115,472 | €72,478 | -€42,994 | -37.2% |
| Fixed assets | 21/28 | €53,592 | €51,369 | -€2,223 | -4.1% |
| Tangible fixed assets | 22/27 | €3,984 | €1,761 | -€2,223 | -55.8% |
| Furniture and vehicles | 24 | €3,984 | €1,761 | -€2,223 | -55.8% |
| Financial fixed assets | 28 | €49,608 | €49,608 | = | 0.0% |
| Current assets | 29/58 | €61,879 | €21,109 | -€40,771 | -65.9% |
| Amounts receivable within one year | 40/41 | €39,156 | €12,391 | -€26,765 | -68.4% |
| Trade receivables | 40 | €35,265 | €9,075 | -€26,190 | -74.3% |
| Other amounts receivable | 41 | €3,891 | €3,316 | -€575 | -14.8% |
| Cash at bank and in hand | 54/58 | €21,915 | €8,250 | -€13,665 | -62.4% |
| Deferred charges and accrued income | 490/1 | €809 | €468 | -€341 | -42.1% |
| Total equity and liabilities | 10/49 | €115,472 | €72,478 | -€42,994 | -37.2% |
| Equity | 10/15 | €97,951 | €63,704 | -€34,247 | -35.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,403 | €87,403 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €87,403 | €87,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,349 | -€29,898 | -€34,247 | |
| Amounts payable | 17/49 | €17,520 | €8,774 | -€8,746 | -49.9% |
| Amounts payable within one year | 42/48 | €17,439 | €8,524 | -€8,915 | -51.1% |
| Trade debts | 44 | €2,633 | €2,778 | +€145 | +5.5% |
| Suppliers | 440/4 | €2,633 | €2,778 | +€145 | +5.5% |
| Taxes, remuneration and social security | 45 | €10,486 | €1,322 | -€9,164 | -87.4% |
| Taxes | 450/3 | €10,486 | €1,322 | -€9,164 | -87.4% |
| Other amounts payable | 47/48 | €4,320 | €4,424 | +€105 | +2.4% |
| Accrued charges and deferred income | 492/3 | €81 | €249 | +€168 | +207% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,605 | €2,223 | -€1,382 | -38.3% |
| Other operating charges | 640/8 | €2,040 | €626 | -€1,414 | -69.3% |
| Gross operating margin | 9900 | €27,585 | -€30,360 | -€57,944 | |
| Operating profit (loss) | 9901 | €21,939 | -€33,208 | -€55,147 | |
| Financial income | 75/76B | €0 | €151 | +€151 | |
| Recurring financial income | 75 | €0 | €151 | +€151 | |
| Financial charges | 65/66B | €1,605 | €615 | -€990 | -61.7% |
| Recurring financial charges | 65 | €1,605 | €615 | -€990 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €20,334 | -€33,672 | -€54,007 | |
| Income taxes | 67/77 | €7,536 | €575 | -€6,961 | -92.4% |
| Profit (loss) for the period | 9904 | €12,799 | -€34,247 | -€47,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,799 | -€34,247 | -€47,046 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.