TURBOCHICKEN: what changed
Two financial 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.
TURBOCHICKEN
Largest movements
- Tangible fixed assets -€48,998
down €48,998 (-6.2%), from €792,393 to €743,395
- Receivables within one year +€43,595
up €43,595 (+593%), from €7,350 to €50,945
of which Trade receivables: +€40,270
- Intangible fixed assets -€15,000
down €15,000 (-20.2%), from €74,200 to €59,200
- Trade debts +€43,024
up €43,024 (+115%), from €37,306 to €80,330
- Debts after one year -€37,387
down €37,387 (-6.9%), from €545,517 to €508,130
- Other debts -€32,753
down €32,753 (-28.0%), from €117,085 to €84,332
- Short-term financial debts +€15,000
up €15,000 (+75.0%), from €20,000 to €35,000
- Tax, wage and social debts -€10,211
down €10,211 (-26.8%), from €38,130 to €27,919
of which Remuneration and social security: -€8,244
- Gross operating margin -€67,270
down €67,270 (-31.6%), from €212,917 to €145,647
- Financial income -€38,351
down €38,351 (-100.0%), from €38,354 to €3
of which Non-recurring financial income: -€31,738
- Taxes -€25,196
down €25,196, from €24,615 to -€581
- Staff costs -€14,247
down €14,247 (-24.9%), from €57,133 to €42,886
- Other operating charges -€2,339
down €2,339 (-24.6%), from €9,514 to €7,175
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.
Derived cash bridge
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 | €928,586 | €916,805 | -€11,781 | -1.3% |
| Fixed assets | 21/28 | €868,602 | €804,604 | -€63,998 | -7.4% |
| Intangible fixed assets | 21 | €74,200 | €59,200 | -€15,000 | -20.2% |
| Tangible fixed assets | 22/27 | €792,393 | €743,395 | -€48,998 | -6.2% |
| Land and buildings | 22 | €634,817 | €622,274 | -€12,543 | -2.0% |
| Plant, machinery and equipment | 23 | €77,135 | €59,090 | -€18,046 | -23.4% |
| Furniture and vehicles | 24 | €79,972 | €61,718 | -€18,253 | -22.8% |
| Other tangible fixed assets | 26 | €469 | €313 | -€156 | -33.3% |
| Financial fixed assets | 28 | €2,010 | €2,010 | = | 0.0% |
| Current assets | 29/58 | €59,984 | €112,201 | +€52,217 | +87.1% |
| Stocks and contracts in progress | 3 | €15,160 | €16,090 | +€930 | +6.1% |
| Stocks | 30/36 | €15,160 | €16,090 | +€930 | +6.1% |
| Amounts receivable within one year | 40/41 | €7,350 | €50,945 | +€43,595 | +593% |
| Trade receivables | 40 | €7,300 | €47,570 | +€40,270 | +552% |
| Other amounts receivable | 41 | €50 | €3,375 | +€3,325 | +6,683% |
| Cash at bank and in hand | 54/58 | €36,219 | €44,944 | +€8,726 | +24.1% |
| Deferred charges and accrued income | 490/1 | €1,255 | €221 | -€1,034 | -82.4% |
| Total equity and liabilities | 10/49 | €928,586 | €916,805 | -€11,781 | -1.3% |
| Equity | 10/15 | €110,303 | €113,090 | +€2,787 | +2.5% |
| Contributions | 10/11 | €67,000 | €67,000 | = | 0.0% |
| Reserves | 13 | €2,560 | €2,560 | = | 0.0% |
| Distributable reserves | 133 | €2,560 | €2,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,743 | €43,530 | +€2,787 | +6.8% |
| Amounts payable | 17/49 | €818,283 | €803,714 | -€14,569 | -1.8% |
| Amounts payable after more than one year | 17 | €545,517 | €508,130 | -€37,387 | -6.9% |
| Financial debts | 170/4 | €545,517 | €508,130 | -€37,387 | -6.9% |
| Amounts payable within one year | 42/48 | €272,746 | €295,584 | +€22,839 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €60,225 | €68,003 | +€7,779 | +12.9% |
| Financial debts | 43 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Credit institutions | 430/8 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Trade debts | 44 | €37,306 | €80,330 | +€43,024 | +115% |
| Suppliers | 440/4 | €37,306 | €80,330 | +€43,024 | +115% |
| Taxes, remuneration and social security | 45 | €38,130 | €27,919 | -€10,211 | -26.8% |
| Taxes | 450/3 | €26,000 | €24,033 | -€1,966 | -7.6% |
| Remuneration and social security | 454/9 | €12,130 | €3,886 | -€8,244 | -68.0% |
| Other amounts payable | 47/48 | €117,085 | €84,332 | -€32,753 | -28.0% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -100% |
| Non-recurring operating income | 76A | €127 | €0 | -€127 | -100% |
| Remuneration, social security and pensions | 62 | €57,133 | €42,886 | -€14,247 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,366 | €78,638 | +€1,272 | +1.6% |
| Other operating charges | 640/8 | €9,514 | €7,175 | -€2,339 | -24.6% |
| Non-recurring operating charges | 66A | €3,675 | €0 | -€3,675 | -100% |
| Gross operating margin | 9900 | €212,917 | €145,647 | -€67,270 | -31.6% |
| Operating profit (loss) | 9901 | €65,228 | €16,947 | -€48,281 | -74.0% |
| Financial income | 75/76B | €38,354 | €3 | -€38,351 | -100.0% |
| Recurring financial income | 75 | €6,616 | €3 | -€6,613 | -100.0% |
| Non-recurring financial income | 76B | €31,738 | €0 | -€31,738 | -100% |
| Financial charges | 65/66B | €16,855 | €14,744 | -€2,110 | -12.5% |
| Recurring financial charges | 65 | €16,855 | €14,744 | -€2,110 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €86,727 | €2,206 | -€84,521 | -97.5% |
| Income taxes | 67/77 | €24,615 | -€581 | -€25,196 | |
| Profit (loss) for the period | 9904 | €62,113 | €2,787 | -€59,325 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,113 | €2,787 | -€59,325 | -95.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.