Turb-IT: 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.
Turb-IT
Largest movements
- Cash +€7,850
up €7,850 (+15.7%), from €50,069 to €57,919
mainly Net result for the year (+€50,524) and Other debts (+€19,481)
- Receivables within one year +€4,732
up €4,732 (+27.1%), from €17,447 to €22,179
of which Trade receivables: +€6,776
- Tangible fixed assets -€4,189
down €4,189 (-24.8%), from €16,864 to €12,675
- Deferred charges and accrued income +€3,322
up €3,322 (+232.3%), from €1,430 to €4,752
- Other debts +€19,481
up €19,481 (+82.8%), from €23,529 to €43,010
- Profit (loss) carried forward -€11,284
down €11,284 (-68.4%), from €16,485 to €5,201
- Trade debts +€2,190
up €2,190 (+189.6%), from €1,155 to €3,345
- Tax, wage and social debts +€1,266
up €1,266 (+5.2%), from €24,236 to €25,502
- Staff costs -€1,431
down €1,431 (-33.0%), from €4,339 to €2,908
- Gross operating margin +€1,400
up €1,400 (+2.0%), from €71,628 to €73,028
- Financial charges -€1,087
down €1,087 (-69.2%), from €1,571 to €484
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 | €85,811 | €97,525 | +€11,714 | +13.7% |
| Fixed assets | 21/28 | €16,864 | €12,675 | -€4,189 | -24.8% |
| Tangible fixed assets | 22/27 | €16,864 | €12,675 | -€4,189 | -24.8% |
| Plant, machinery and equipment | 23 | €5,333 | €4,110 | -€1,223 | -22.9% |
| Furniture and vehicles | 24 | €3,036 | €1,015 | -€2,021 | -66.6% |
| Other tangible fixed assets | 26 | €8,495 | €7,550 | -€946 | -11.1% |
| Current assets | 29/58 | €68,946 | €84,850 | +€15,903 | +23.1% |
| Amounts receivable within one year | 40/41 | €17,447 | €22,179 | +€4,732 | +27.1% |
| Trade receivables | 40 | €9,680 | €16,456 | +€6,776 | +70.0% |
| Other amounts receivable | 41 | €7,767 | €5,723 | -€2,044 | -26.3% |
| Cash at bank and in hand | 54/58 | €50,069 | €57,919 | +€7,850 | +15.7% |
| Deferred charges and accrued income | 490/1 | €1,430 | €4,752 | +€3,322 | +232.3% |
| Total equity and liabilities | 10/49 | €85,811 | €97,525 | +€11,714 | +13.7% |
| Equity | 10/15 | €36,890 | €25,606 | -€11,284 | -30.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,485 | €5,201 | -€11,284 | -68.4% |
| Amounts payable | 17/49 | €48,921 | €71,919 | +€22,998 | +47.0% |
| Amounts payable within one year | 42/48 | €48,921 | €71,919 | +€22,998 | +47.0% |
| Financial debts | 43 | - | €62 | +€62 | |
| Credit institutions | 430/8 | - | €62 | +€62 | |
| Trade debts | 44 | €1,155 | €3,345 | +€2,190 | +189.6% |
| Suppliers | 440/4 | €1,155 | €3,345 | +€2,190 | +189.6% |
| Taxes, remuneration and social security | 45 | €24,236 | €25,502 | +€1,266 | +5.2% |
| Taxes | 450/3 | €24,236 | €25,502 | +€1,266 | +5.2% |
| Other amounts payable | 47/48 | €23,529 | €43,010 | +€19,481 | +82.8% |
| Remuneration, social security and pensions | 62 | €4,339 | €2,908 | -€1,431 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,791 | €4,189 | +€398 | +10.5% |
| Other operating charges | 640/8 | €1,342 | €1,073 | -€270 | -20.1% |
| Gross operating margin | 9900 | €71,628 | €73,028 | +€1,400 | +2.0% |
| Operating profit (loss) | 9901 | €62,156 | €64,859 | +€2,703 | +4.3% |
| Financial income | 75/76B | €35 | €426 | +€391 | +1134.2% |
| Recurring financial income | 75 | €35 | €426 | +€391 | +1134.2% |
| Financial charges | 65/66B | €1,571 | €484 | -€1,087 | -69.2% |
| Recurring financial charges | 65 | €1,571 | €484 | -€1,087 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €60,620 | €64,801 | +€4,181 | +6.9% |
| Income taxes | 67/77 | €13,798 | €14,277 | +€480 | +3.5% |
| Profit (loss) for the period | 9904 | €46,822 | €50,524 | +€3,701 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,822 | €50,524 | +€3,701 | +7.9% |
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 7 October 2026 via checked.be.