Turcom: 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.
Turcom
Largest movements
- Stocks and contracts -€25,960
down €25,960 (-30.4%), from €85,525 to €59,565
- Receivables within one year +€6,653
up €6,653 (+19.8%), from €33,564 to €40,217
of which Trade receivables: +€10,627
- Other debts -€20,017
down €20,017 (-19.7%), from €101,484 to €81,467
- Short-term financial debts -€1,660
no longer reported in 2024 (was €1,660)
- Gross operating margin -€5,111
down €5,111 (-82.6%), from €6,189 to €1,078
- Depreciation -€2,460
no longer reported in 2024 (was €2,460)
- Financial income +€1,261
up €1,261 (+1,080%), from €117 to €1,378
- Financial charges -€452
down €452 (-94.5%), from €478 to €26
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,687 | €100,664 | -€19,023 | -15.9% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €119,537 | €100,514 | -€19,023 | -15.9% |
| Stocks and contracts in progress | 3 | €85,525 | €59,565 | -€25,960 | -30.4% |
| Stocks | 30/36 | €85,525 | €59,565 | -€25,960 | -30.4% |
| Amounts receivable within one year | 40/41 | €33,564 | €40,217 | +€6,653 | +19.8% |
| Trade receivables | 40 | €29,590 | €40,217 | +€10,627 | +35.9% |
| Other amounts receivable | 41 | €3,974 | - | -€3,974 | |
| Cash at bank and in hand | 54/58 | €59 | €340 | +€281 | +476% |
| Deferred charges and accrued income | 490/1 | €389 | €392 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €119,687 | €100,664 | -€19,023 | -15.9% |
| Equity | 10/15 | €13,019 | €13,881 | +€862 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,593 | €24,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €22,733 | €24,593 | +€1,860 | +8.2% |
| Profit (loss) carried forward | 14 | -€17,774 | -€16,912 | +€862 | +4.8% |
| Amounts payable | 17/49 | €106,668 | €86,784 | -€19,885 | -18.6% |
| Amounts payable within one year | 42/48 | €106,668 | €86,784 | -€19,885 | -18.6% |
| Financial debts | 43 | €1,660 | - | -€1,660 | |
| Credit institutions | 430/8 | €1,660 | - | -€1,660 | |
| Trade debts | 44 | €3,124 | €3,377 | +€253 | +8.1% |
| Suppliers | 440/4 | €3,124 | €3,377 | +€253 | +8.1% |
| Advances received on contracts in progress | 46 | €400 | €799 | +€399 | +99.7% |
| Taxes, remuneration and social security | 45 | - | €1,141 | +€1,141 | |
| Taxes | 450/3 | - | €1,141 | +€1,141 | |
| Other amounts payable | 47/48 | €101,484 | €81,467 | -€20,017 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,460 | - | -€2,460 | |
| Other operating charges | 640/8 | €1,511 | €1,568 | +€57 | +3.8% |
| Gross operating margin | 9900 | €6,189 | €1,078 | -€5,111 | -82.6% |
| Operating profit (loss) | 9901 | €2,218 | -€490 | -€2,708 | |
| Financial income | 75/76B | €117 | €1,378 | +€1,261 | +1,080% |
| Recurring financial income | 75 | €117 | €1,378 | +€1,261 | +1,080% |
| Financial charges | 65/66B | €478 | €26 | -€452 | -94.5% |
| Recurring financial charges | 65 | €478 | €26 | -€452 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €1,857 | €862 | -€995 | -53.6% |
| Profit (loss) for the period | 9904 | €1,857 | €862 | -€995 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,857 | €862 | -€995 | -53.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.