TURBELETTE: 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.
TURBELETTE
Largest movements
- Cash -€17,741
down €17,741 (-61.7%), from €28,769 to €11,027
mainly Contributions, distributions and other (-€48,010) and Tax, wage and social debts (-€3,212)
- Receivables within one year -€9,740
down €9,740 (-48.8%), from €19,938 to €10,198
of which Trade receivables: -€10,719
- Tangible fixed assets -€1,375
down €1,375 (-18.7%), from €7,351 to €5,976
of which Furniture and vehicles: -€1,467
- Reserves -€38,862
no longer reported in 2025 (was €38,862)
- Other debts +€13,479
up €13,479 (+1796.8%), from €750 to €14,229
- Tax, wage and social debts -€3,212
down €3,212 (-23.9%), from €13,432 to €10,220
- Gross operating margin -€14,460
down €14,460 (-48.0%), from €30,141 to €15,681
- Taxes -€2,862
down €2,862 (-48.6%), from €5,885 to €3,023
- Depreciation +€1,206
up €1,206 (+84.2%), from €1,433 to €2,639
- Other operating charges -€447
down €447 (-36.8%), from €1,214 to €767
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 | €56,058 | €27,202 | -€28,856 | -51.5% |
| Fixed assets | 21/28 | €7,351 | €5,976 | -€1,375 | -18.7% |
| Tangible fixed assets | 22/27 | €7,351 | €5,976 | -€1,375 | -18.7% |
| Plant, machinery and equipment | 23 | €2,147 | €2,239 | +€92 | +4.3% |
| Furniture and vehicles | 24 | €5,204 | €3,737 | -€1,467 | -28.2% |
| Current assets | 29/58 | €48,707 | €21,226 | -€27,481 | -56.4% |
| Amounts receivable within one year | 40/41 | €19,938 | €10,198 | -€9,740 | -48.8% |
| Trade receivables | 40 | €19,923 | €9,204 | -€10,719 | -53.8% |
| Other amounts receivable | 41 | €15 | €995 | +€980 | +6702.8% |
| Cash at bank and in hand | 54/58 | €28,769 | €11,027 | -€17,741 | -61.7% |
| Total equity and liabilities | 10/49 | €56,058 | €27,202 | -€28,856 | -51.5% |
| Equity | 10/15 | €41,362 | €2,500 | -€38,862 | -94.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €38,862 | - | -€38,862 | |
| Distributable reserves | 133 | €38,862 | - | -€38,862 | |
| Amounts payable | 17/49 | €14,696 | €24,702 | +€10,006 | +68.1% |
| Amounts payable within one year | 42/48 | €14,612 | €24,449 | +€9,837 | +67.3% |
| Trade debts | 44 | €430 | - | -€430 | |
| Suppliers | 440/4 | €430 | - | -€430 | |
| Taxes, remuneration and social security | 45 | €13,432 | €10,220 | -€3,212 | -23.9% |
| Taxes | 450/3 | €13,432 | €10,220 | -€3,212 | -23.9% |
| Other amounts payable | 47/48 | €750 | €14,229 | +€13,479 | +1796.8% |
| Accrued charges and deferred income | 492/3 | €84 | €253 | +€169 | +201.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,433 | €2,639 | +€1,206 | +84.2% |
| Other operating charges | 640/8 | €1,214 | €767 | -€447 | -36.8% |
| Gross operating margin | 9900 | €30,141 | €15,681 | -€14,460 | -48.0% |
| Operating profit (loss) | 9901 | €27,494 | €12,275 | -€15,219 | -55.4% |
| Financial income | 75/76B | €26 | - | -€26 | |
| Recurring financial income | 75 | €26 | - | -€26 | |
| Financial charges | 65/66B | €151 | €104 | -€46 | -30.7% |
| Recurring financial charges | 65 | €151 | €104 | -€46 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €27,369 | €12,171 | -€15,198 | -55.5% |
| Income taxes | 67/77 | €5,885 | €3,023 | -€2,862 | -48.6% |
| Profit (loss) for the period | 9904 | €21,485 | €9,148 | -€12,337 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,485 | €9,148 | -€12,337 | -57.4% |
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 4 October 2026 via checked.be.