Tupelo Honey: what changed
Tupelo Honey
Largest movements
- Receivables within one year -€28,250
down €28,250 (-39.1%), from €72,200 to €43,950
of which Trade receivables: -€28,250
- Cash -€22,348
down €22,348 (-100%), from €22,348 to €0
mainly Trade debts (-€39,510) and Tax, wage and social debts (-€13,831)
- Trade debts -€39,510
down €39,510 (-94.4%), from €41,852 to €2,342
- Tax, wage and social debts -€13,831
down €13,831 (-84.9%), from €16,293 to €2,461
- Short-term financial debts +€1,949
new in 2025: €1,949
- Gross operating margin -€3,004
down €3,004 (-61.5%), from €4,883 to €1,879
- Taxes -€806
down €806 (-63.7%), from €1,264 to €459
- Financial charges +€233
up €233 (+342%), from €68 to €301
- Other operating charges +€173
up €173 (+102%), from €170 to €343
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,548 | €73,950 | -€50,598 | -40.6% |
| Fixed assets | 21/28 | €30,000 | €30,000 | = | 0.0% |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €94,548 | €43,950 | -€50,598 | -53.5% |
| Amounts receivable within one year | 40/41 | €72,200 | €43,950 | -€28,250 | -39.1% |
| Trade receivables | 40 | €72,200 | €43,950 | -€28,250 | -39.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €22,348 | €0 | -€22,348 | -100% |
| Total equity and liabilities | 10/49 | €124,548 | €73,950 | -€50,598 | -40.6% |
| Equity | 10/15 | €58,404 | €59,180 | +€776 | +1.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €55,904 | €56,680 | +€776 | +1.4% |
| Distributable reserves | 133 | €55,904 | €56,680 | +€776 | +1.4% |
| Amounts payable | 17/49 | €66,144 | €14,770 | -€51,374 | -77.7% |
| Amounts payable within one year | 42/48 | €66,144 | €14,770 | -€51,374 | -77.7% |
| Financial debts | 43 | - | €1,949 | +€1,949 | |
| Credit institutions | 430/8 | - | €1,949 | +€1,949 | |
| Trade debts | 44 | €41,852 | €2,342 | -€39,510 | -94.4% |
| Suppliers | 440/4 | €41,852 | €2,342 | -€39,510 | -94.4% |
| Taxes, remuneration and social security | 45 | €16,293 | €2,461 | -€13,831 | -84.9% |
| Taxes | 450/3 | €16,293 | €2,461 | -€13,831 | -84.9% |
| Other amounts payable | 47/48 | €8,000 | €8,018 | +€18 | +0.2% |
| Other operating charges | 640/8 | €170 | €343 | +€173 | +102% |
| Gross operating margin | 9900 | €4,883 | €1,879 | -€3,004 | -61.5% |
| Operating profit (loss) | 9901 | €4,713 | €1,536 | -€3,177 | -67.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €68 | €301 | +€233 | +342% |
| Recurring financial charges | 65 | €68 | €301 | +€233 | +342% |
| Profit (loss) for the period before taxes | 9903 | €4,645 | €1,235 | -€3,410 | -73.4% |
| Income taxes | 67/77 | €1,264 | €459 | -€806 | -63.7% |
| Profit (loss) for the period | 9904 | €3,380 | €776 | -€2,604 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,380 | €776 | -€2,604 | -77.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.