TUPET: what changed
Two fiscal 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.
TUPET
Largest movements
- Current investments -€215,000
no longer reported in 2025 (was €215,000)
- Cash +€147,579
up €147,579 (+340.2%), from €43,377 to €190,956
mainly Current investments (+€215,000) and Net result for the year (+€174,692)
- Other debts -€159,411
down €159,411 (-76.0%), from €209,817 to €50,406
- Profit (loss) carried forward +€57,045
new in 2025: €57,045
- Tax, wage and social debts +€31,376
up €31,376 (+275.9%), from €11,370 to €42,746
of which Taxes: +€34,619
- Financial income -€71,463
down €71,463 (-51.3%), from €139,318 to €67,855
- Gross operating margin +€60,428
up €60,428 (+58.1%), from €104,011 to €164,439
- Taxes +€15,765
up €15,765 (+94.0%), from €16,765 to €32,531
- Staff costs +€2,475
up €2,475 (+13.9%), from €17,762 to €20,236
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.
Cash bridge derived
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 | €357,219 | €286,739 | -€70,480 | -19.7% |
| Fixed assets | 21/28 | €98,530 | €95,117 | -€3,413 | -3.5% |
| Tangible fixed assets | 22/27 | €14,995 | €11,582 | -€3,413 | -22.8% |
| Plant, machinery and equipment | 23 | - | €2,140 | +€2,140 | |
| Furniture and vehicles | 24 | €14,995 | €9,442 | -€5,553 | -37.0% |
| Financial fixed assets | 28 | €83,535 | €83,535 | = | 0.0% |
| Current assets | 29/58 | €258,689 | €191,622 | -€67,067 | -25.9% |
| Amounts receivable within one year | 40/41 | €312 | €548 | +€236 | +75.5% |
| Trade receivables | 40 | €0 | €237 | +€237 | |
| Other amounts receivable | 41 | €312 | €311 | -€1 | -0.5% |
| Current investments | 50/53 | €215,000 | - | -€215,000 | |
| Cash at bank and in hand | 54/58 | €43,377 | €190,956 | +€147,579 | +340.2% |
| Deferred charges and accrued income | 490/1 | - | €118 | +€118 | |
| Total equity and liabilities | 10/49 | €357,219 | €286,739 | -€70,480 | -19.7% |
| Equity | 10/15 | €136,019 | €193,063 | +€57,045 | +41.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,019 | €131,019 | = | 0.0% |
| Distributable reserves | 133 | €131,019 | €131,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €57,045 | +€57,045 | |
| Amounts payable | 17/49 | €221,201 | €93,675 | -€127,525 | -57.7% |
| Amounts payable within one year | 42/48 | €221,201 | €93,675 | -€127,525 | -57.7% |
| Trade debts | 44 | €13 | €523 | +€510 | +3860.9% |
| Suppliers | 440/4 | €13 | €523 | +€510 | +3860.9% |
| Taxes, remuneration and social security | 45 | €11,370 | €42,746 | +€31,376 | +275.9% |
| Taxes | 450/3 | €5,542 | €40,162 | +€34,619 | +624.6% |
| Remuneration and social security | 454/9 | €5,828 | €2,584 | -€3,244 | -55.7% |
| Other amounts payable | 47/48 | €209,817 | €50,406 | -€159,411 | -76.0% |
| Remuneration, social security and pensions | 62 | €17,762 | €20,236 | +€2,475 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,111 | €3,413 | +€302 | +9.7% |
| Other operating charges | 640/8 | €609 | €1,007 | +€398 | +65.4% |
| Gross operating margin | 9900 | €104,011 | €164,439 | +€60,428 | +58.1% |
| Operating profit (loss) | 9901 | €82,529 | €139,783 | +€57,254 | +69.4% |
| Financial income | 75/76B | €139,318 | €67,855 | -€71,463 | -51.3% |
| Recurring financial income | 75 | €139,318 | €67,855 | -€71,463 | -51.3% |
| Financial charges | 65/66B | €380 | €415 | +€35 | +9.3% |
| Recurring financial charges | 65 | €380 | €415 | +€35 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €221,467 | €207,223 | -€14,244 | -6.4% |
| Income taxes | 67/77 | €16,765 | €32,531 | +€15,765 | +94.0% |
| Profit (loss) for the period | 9904 | €204,702 | €174,692 | -€30,010 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €204,702 | €174,692 | -€30,010 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.