TURFPUT: 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.
TURFPUT
Largest movements
- Tangible fixed assets -€3,497
down €3,497 (-17.0%), from €20,567 to €17,070
- Profit (loss) carried forward -€2,749
down €2,749 (-14.2%), from -€19,314 to -€22,063
- Gross operating margin -€98
down €98 (-3.7%), from €2,648 to €2,551
- Other operating charges +€57
up €57 (+3.3%), from €1,738 to €1,795
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 | €48,857 | €46,108 | -€2,749 | -5.6% |
| Fixed assets | 21/28 | €21,087 | €17,590 | -€3,497 | -16.6% |
| Tangible fixed assets | 22/27 | €20,567 | €17,070 | -€3,497 | -17.0% |
| Land and buildings | 22 | €20,567 | €17,070 | -€3,497 | -17.0% |
| Financial fixed assets | 28 | €520 | €520 | = | 0.0% |
| Current assets | 29/58 | €27,770 | €28,517 | +€748 | +2.7% |
| Amounts receivable within one year | 40/41 | €4,306 | €4,599 | +€293 | +6.8% |
| Trade receivables | 40 | €549 | €607 | +€58 | +10.6% |
| Other amounts receivable | 41 | €3,758 | €3,992 | +€235 | +6.2% |
| Cash at bank and in hand | 54/58 | €23,014 | €23,468 | +€455 | +2.0% |
| Deferred charges and accrued income | 490/1 | €450 | €450 | = | 0.0% |
| Total equity and liabilities | 10/49 | €48,857 | €46,108 | -€2,749 | -5.6% |
| Equity | 10/15 | €48,857 | €46,108 | -€2,749 | -5.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,314 | -€22,063 | -€2,749 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,497 | €3,497 | = | 0.0% |
| Other operating charges | 640/8 | €1,738 | €1,795 | +€57 | +3.3% |
| Gross operating margin | 9900 | €2,648 | €2,551 | -€98 | -3.7% |
| Operating profit (loss) | 9901 | -€2,586 | -€2,741 | -€155 | -6.0% |
| Financial income | 75/76B | €71 | €84 | +€13 | +18.3% |
| Recurring financial income | 75 | €71 | €84 | +€13 | +18.3% |
| Financial charges | 65/66B | €75 | €92 | +€17 | +23.2% |
| Recurring financial charges | 65 | €75 | €92 | +€17 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,590 | -€2,749 | -€159 | -6.2% |
| Profit (loss) for the period | 9904 | -€2,590 | -€2,749 | -€159 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,590 | -€2,749 | -€159 | -6.2% |
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 15 October 2026 via checked.be.