TURI: 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.
TURI
Largest movements
- Tangible fixed assets -€28,663
down €28,663 (-43.4%), from €66,017 to €37,353
of which Leasing and similar rights: -€26,589
- Receivables within one year +€15,425
up €15,425 (+26.4%), from €58,341 to €73,765
of which Trade receivables: +€21,905
- Cash +€4,708
up €4,708 (+21.4%), from €21,995 to €26,704
mainly Depreciation (+€28,663) and Net result for the year (+€23,078)
- Debts after one year -€34,162
down €34,162 (-71.2%), from €48,003 to €13,842
- Reserves +€23,078
up €23,078 (+76.2%), from €30,274 to €53,353
- Current portion of long-term debt -€7,200
down €7,200 (-16.3%), from €44,190 to €36,989
- Tax, wage and social debts +€4,666
up €4,666 (+48.1%), from €9,694 to €14,359
of which Taxes: +€3,524
- Trade debts +€4,634
up €4,634 (+52.5%), from €8,827 to €13,461
- Depreciation -€10,804
down €10,804 (-27.4%), from €39,468 to €28,663
- Taxes +€3,627
up €3,627 (+42.8%), from €8,466 to €12,093
- Other operating charges -€2,143
down €2,143 (-46.1%), from €4,654 to €2,511
- Gross operating margin -€1,744
down €1,744 (-2.2%), from €80,421 to €78,677
- Financial charges -€1,413
down €1,413 (-23.4%), from €6,040 to €4,626
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 | €147,188 | €138,204 | -€8,984 | -6.1% |
| Fixed assets | 21/28 | €66,017 | €37,353 | -€28,663 | -43.4% |
| Tangible fixed assets | 22/27 | €66,017 | €37,353 | -€28,663 | -43.4% |
| Plant, machinery and equipment | 23 | €1,175 | €300 | -€875 | -74.5% |
| Furniture and vehicles | 24 | €1,553 | €354 | -€1,199 | -77.2% |
| Leasing and similar rights | 25 | €63,289 | €36,700 | -€26,589 | -42.0% |
| Current assets | 29/58 | €81,171 | €100,851 | +€19,679 | +24.2% |
| Amounts receivable within one year | 40/41 | €58,341 | €73,765 | +€15,425 | +26.4% |
| Trade receivables | 40 | €33,461 | €55,367 | +€21,905 | +65.5% |
| Other amounts receivable | 41 | €24,879 | €18,399 | -€6,481 | -26.0% |
| Cash at bank and in hand | 54/58 | €21,995 | €26,704 | +€4,708 | +21.4% |
| Deferred charges and accrued income | 490/1 | €835 | €382 | -€453 | -54.3% |
| Total equity and liabilities | 10/49 | €147,188 | €138,204 | -€8,984 | -6.1% |
| Equity | 10/15 | €36,474 | €59,553 | +€23,078 | +63.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,274 | €53,353 | +€23,078 | +76.2% |
| Distributable reserves | 133 | €30,274 | €53,353 | +€23,078 | +76.2% |
| Amounts payable | 17/49 | €110,714 | €78,651 | -€32,062 | -29.0% |
| Amounts payable after more than one year | 17 | €48,003 | €13,842 | -€34,162 | -71.2% |
| Financial debts | 170/4 | €48,003 | €13,842 | -€34,162 | -71.2% |
| Amounts payable within one year | 42/48 | €62,710 | €64,810 | +€2,099 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €44,190 | €36,989 | -€7,200 | -16.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,827 | €13,461 | +€4,634 | +52.5% |
| Suppliers | 440/4 | €8,827 | €13,461 | +€4,634 | +52.5% |
| Taxes, remuneration and social security | 45 | €9,694 | €14,359 | +€4,666 | +48.1% |
| Taxes | 450/3 | €8,977 | €12,501 | +€3,524 | +39.3% |
| Remuneration and social security | 454/9 | €717 | €1,859 | +€1,141 | +159.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,825 | - | -€1,825 | |
| Remuneration, social security and pensions | 62 | €7,795 | €8,688 | +€893 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,468 | €28,663 | -€10,804 | -27.4% |
| Other operating charges | 640/8 | €4,654 | €2,511 | -€2,143 | -46.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €80,421 | €78,677 | -€1,744 | -2.2% |
| Operating profit (loss) | 9901 | €28,504 | €38,815 | +€10,311 | +36.2% |
| Financial income | 75/76B | €1,434 | €983 | -€452 | -31.5% |
| Recurring financial income | 75 | €1,434 | €983 | -€452 | -31.5% |
| Financial charges | 65/66B | €6,040 | €4,626 | -€1,413 | -23.4% |
| Recurring financial charges | 65 | €6,040 | €4,626 | -€1,413 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €23,899 | €35,171 | +€11,272 | +47.2% |
| Income taxes | 67/77 | €8,466 | €12,093 | +€3,627 | +42.8% |
| Profit (loss) for the period | 9904 | €15,432 | €23,078 | +€7,646 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,432 | €23,078 | +€7,646 | +49.5% |
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 7 October 2026 via checked.be.