TURBOSS: 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.
TURBOSS
Largest movements
- Tangible fixed assets -€1.6m
down €1.6m (-100%), from €1.6m to €0
of which Land and buildings: -€1.6m
- Current investments +€530,000
new in 2025: €530,000
- Receivables within one year +€76,443
up €76,443 (+126%), from €60,869 to €137,313
of which Other amounts receivable: +€76,518
- Deferred charges and accrued income -€26,173
down €26,173 (-34.5%), from €75,880 to €49,707
- Debts after one year -€890,429
down €890,429 (-100%), from €890,429 to €0
of which Financial debts: -€833,259
- Revaluation surpluses -€799,252
down €799,252 (-100%), from €799,252 to €0
- Reserves +€500,816
up €500,816 (+1,008%), from €49,664 to €550,480
- Profit (loss) carried forward +€162,704
up €162,704, from -€162,704 to €0
- Tax, wage and social debts +€52,241
new in 2025: €52,241
- Gross operating margin +€751,662
up €751,662 (+387%), from €194,160 to €945,822
- Taxes +€253,255
new in 2025: €253,255
- Write-downs -€126,708
down €126,708, from €117,223 to -€9,485
- Depreciation -€105,872
down €105,872 (-100%), from €105,872 to €0
- Financial charges -€10,986
down €10,986 (-28.7%), from €38,306 to €27,320
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 | €1,728,143 | €729,978 | -€998,165 | -57.8% |
| Fixed assets | 21/28 | €1,568,657 | €0 | -€1.6m | -100% |
| Tangible fixed assets | 22/27 | €1,568,657 | €0 | -€1.6m | -100% |
| Land and buildings | 22 | €1,555,654 | €0 | -€1.6m | -100% |
| Plant, machinery and equipment | 23 | €11,537 | €0 | -€11,537 | -100% |
| Furniture and vehicles | 24 | €1,467 | €0 | -€1,467 | -100% |
| Current assets | 29/58 | €159,486 | €729,978 | +€570,492 | +358% |
| Amounts receivable within one year | 40/41 | €60,869 | €137,313 | +€76,443 | +126% |
| Trade receivables | 40 | €75 | €0 | -€75 | -100% |
| Other amounts receivable | 41 | €60,794 | €137,313 | +€76,518 | +126% |
| Current investments | 50/53 | - | €530,000 | +€530,000 | |
| Cash at bank and in hand | 54/58 | €22,736 | €12,958 | -€9,778 | -43.0% |
| Deferred charges and accrued income | 490/1 | €75,880 | €49,707 | -€26,173 | -34.5% |
| Total equity and liabilities | 10/49 | €1,728,143 | €729,978 | -€998,165 | -57.8% |
| Equity | 10/15 | €704,812 | €569,080 | -€135,732 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €799,252 | €0 | -€799,252 | -100% |
| Reserves | 13 | €49,664 | €550,480 | +€500,816 | +1,008% |
| Distributable reserves | 133 | €49,664 | €550,480 | +€500,816 | +1,008% |
| Profit (loss) carried forward | 14 | -€162,704 | €0 | +€162,704 | |
| Amounts payable | 17/49 | €1,023,331 | €160,898 | -€862,433 | -84.3% |
| Amounts payable after more than one year | 17 | €890,429 | €0 | -€890,429 | -100% |
| Financial debts | 170/4 | €833,259 | €0 | -€833,259 | -100% |
| Other amounts payable | 178/9 | €57,170 | €0 | -€57,170 | -100% |
| Amounts payable within one year | 42/48 | €12,479 | €53,161 | +€40,682 | +326% |
| Current portion of amounts payable after more than one year | 42 | €11,876 | €0 | -€11,876 | -100% |
| Trade debts | 44 | €153 | €920 | +€767 | +502% |
| Suppliers | 440/4 | €153 | €920 | +€767 | +502% |
| Advances received on contracts in progress | 46 | €450 | €0 | -€450 | -100% |
| Taxes, remuneration and social security | 45 | - | €52,241 | +€52,241 | |
| Taxes | 450/3 | - | €52,241 | +€52,241 | |
| Accrued charges and deferred income | 492/3 | €120,423 | €107,738 | -€12,685 | -10.5% |
| Non-recurring operating income | 76A | - | €950,799 | +€950,799 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,872 | €0 | -€105,872 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €117,223 | -€9,485 | -€126,708 | |
| Other operating charges | 640/8 | €7,409 | €3,875 | -€3,534 | -47.7% |
| Non-recurring operating charges | 66A | - | €13,004 | +€13,004 | |
| Gross operating margin | 9900 | €194,160 | €945,822 | +€751,662 | +387% |
| Operating profit (loss) | 9901 | -€36,343 | €938,428 | +€974,772 | |
| Financial income | 75/76B | €6,029 | €5,666 | -€363 | -6.0% |
| Recurring financial income | 75 | €6,029 | €5,666 | -€363 | -6.0% |
| Financial charges | 65/66B | €38,306 | €27,320 | -€10,986 | -28.7% |
| Recurring financial charges | 65 | €38,306 | €27,320 | -€10,986 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€68,621 | €916,775 | +€985,395 | |
| Income taxes | 67/77 | - | €253,255 | +€253,255 | |
| Profit (loss) for the period | 9904 | -€68,621 | €663,520 | +€732,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,621 | €663,520 | +€732,141 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.