TURACI EXPLOITATION: what changed
TURACI EXPLOITATION
Largest movements
- Tangible fixed assets +€53,998
up €53,998 (+190%), from €28,471 to €82,468
of which Leasing and similar rights: +€61,488
- Receivables within one year +€35,279
up €35,279 (+86.3%), from €40,889 to €76,168
of which Trade receivables: +€40,328
- Cash -€19,507
down €19,507 (-67.1%), from €29,085 to €9,577
mainly Investment in fixed assets (net) (-€92,207) and Other debts (-€46,033)
- Deferred charges and accrued income -€4,032
down €4,032 (-81.9%), from €4,923 to €891
- Trade debts +€47,218
up €47,218 (+99.5%), from €47,447 to €94,665
- Other debts -€46,033
down €46,033 (-60.6%), from €75,947 to €29,914
- Debts after one year +€36,076
new in 2024: €36,076
- Accrued charges and deferred income +€18,198
up €18,198 (+455%), from €4,000 to €22,198
- Profit (loss) carried forward -€16,168
down €16,168 (-30.1%), from -€53,748 to -€69,916
- Staff costs +€60,581
new in 2024: €60,581
- Gross operating margin +€58,278
up €58,278, from -€8,702 to €49,576
- Financial income +€50,000
new in 2024: €50,000
of which Non-recurring financial income: +€50,000
- Depreciation +€31,420
up €31,420 (+403%), from €7,789 to €39,209
- Other operating charges +€765
up €765 (+8.9%), from €8,601 to €9,367
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,026 | €175,724 | +€63,698 | +56.9% |
| Fixed assets | 21/28 | €29,677 | €82,675 | +€52,998 | +179% |
| Intangible fixed assets | 21 | €1,156 | €156 | -€1,000 | -86.5% |
| Tangible fixed assets | 22/27 | €28,471 | €82,468 | +€53,998 | +190% |
| Land and buildings | 22 | €1,153 | €1,023 | -€130 | -11.3% |
| Plant, machinery and equipment | 23 | €17,454 | €13,201 | -€4,253 | -24.4% |
| Furniture and vehicles | 24 | €7,471 | €4,971 | -€2,500 | -33.5% |
| Leasing and similar rights | 25 | - | €61,488 | +€61,488 | |
| Other tangible fixed assets | 26 | €2,392 | €1,785 | -€608 | -25.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €82,349 | €93,049 | +€10,700 | +13.0% |
| Stocks and contracts in progress | 3 | €7,452 | €6,413 | -€1,039 | -13.9% |
| Stocks | 30/36 | €7,452 | €6,413 | -€1,039 | -13.9% |
| Amounts receivable within one year | 40/41 | €40,889 | €76,168 | +€35,279 | +86.3% |
| Trade receivables | 40 | €35,754 | €76,082 | +€40,328 | +113% |
| Other amounts receivable | 41 | €5,135 | €86 | -€5,049 | -98.3% |
| Cash at bank and in hand | 54/58 | €29,085 | €9,577 | -€19,507 | -67.1% |
| Deferred charges and accrued income | 490/1 | €4,923 | €891 | -€4,032 | -81.9% |
| Total equity and liabilities | 10/49 | €112,026 | €175,724 | +€63,698 | +56.9% |
| Equity | 10/15 | -€40,748 | -€56,916 | -€16,168 | -39.7% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,748 | -€69,916 | -€16,168 | -30.1% |
| Amounts payable | 17/49 | €152,774 | €232,640 | +€79,866 | +52.3% |
| Amounts payable after more than one year | 17 | - | €36,076 | +€36,076 | |
| Financial debts | 170/4 | - | €36,076 | +€36,076 | |
| Amounts payable within one year | 42/48 | €148,774 | €174,366 | +€25,591 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | - | €15,921 | +€15,921 | |
| Trade debts | 44 | €47,447 | €94,665 | +€47,218 | +99.5% |
| Suppliers | 440/4 | €47,447 | €94,665 | +€47,218 | +99.5% |
| Taxes, remuneration and social security | 45 | €25,381 | €33,866 | +€8,485 | +33.4% |
| Taxes | 450/3 | €11,577 | €9,120 | -€2,457 | -21.2% |
| Remuneration and social security | 454/9 | €13,804 | €24,745 | +€10,942 | +79.3% |
| Other amounts payable | 47/48 | €75,947 | €29,914 | -€46,033 | -60.6% |
| Accrued charges and deferred income | 492/3 | €4,000 | €22,198 | +€18,198 | +455% |
| Remuneration, social security and pensions | 62 | - | €60,581 | +€60,581 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,789 | €39,209 | +€31,420 | +403% |
| Other operating charges | 640/8 | €8,601 | €9,367 | +€765 | +8.9% |
| Non-recurring operating charges | 66A | - | €6 | +€6 | |
| Gross operating margin | 9900 | -€8,702 | €49,576 | +€58,278 | |
| Operating profit (loss) | 9901 | -€25,092 | -€59,586 | -€34,494 | -137% |
| Financial income | 75/76B | - | €50,000 | +€50,000 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €5,590 | €5,962 | +€371 | +6.6% |
| Recurring financial charges | 65 | €5,590 | €5,962 | +€371 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€30,682 | -€15,548 | +€15,134 | +49.3% |
| Income taxes | 67/77 | - | €620 | +€620 | |
| Profit (loss) for the period | 9904 | -€30,682 | -€16,168 | +€14,514 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,682 | -€16,168 | +€14,514 | +47.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.