TURIMM: 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.
TURIMM
Largest movements
- Current investments -€249,096
down €249,096 (-17.2%), from €1.4m to €1.2m
- Cash +€218,841
up €218,841 (+1,796%), from €12,184 to €231,025
mainly Current investments (+€249,096) and Net result for the year (+€220,916)
- Reserves -€42,242
down €42,242 (-3.2%), from €1.3m to €1.3m
- Tax, wage and social debts -€37,015
down €37,015 (-48.7%), from €76,067 to €39,053
of which Taxes: -€38,226
- Other debts +€15,814
up €15,814 (+181%), from €8,741 to €24,555
- Financial income -€303,346
down €303,346 (-83.5%), from €363,289 to €59,943
- Gross operating margin +€173,474
up €173,474 (+107%), from €161,462 to €334,936
- Staff costs +€13,522
up €13,522 (+30.8%), from €43,905 to €57,428
- Taxes +€10,239
up €10,239 (+12.4%), from €82,700 to €92,939
- Financial charges -€4,852
down €4,852 (-61.6%), from €7,880 to €3,028
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 | €1,577,365 | €1,526,772 | -€50,594 | -3.2% |
| Fixed assets | 21/28 | €34,467 | €20,962 | -€13,504 | -39.2% |
| Tangible fixed assets | 22/27 | €33,467 | €19,962 | -€13,504 | -40.4% |
| Land and buildings | 22 | €9,838 | €7,806 | -€2,032 | -20.7% |
| Plant, machinery and equipment | 23 | - | €1,944 | +€1,944 | |
| Furniture and vehicles | 24 | €23,629 | €7,451 | -€16,178 | -68.5% |
| Other tangible fixed assets | 26 | - | €2,762 | +€2,762 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,542,899 | €1,505,809 | -€37,089 | -2.4% |
| Amounts receivable within one year | 40/41 | €70,815 | €68,177 | -€2,638 | -3.7% |
| Trade receivables | 40 | €62,966 | €56,780 | -€6,186 | -9.8% |
| Other amounts receivable | 41 | €7,849 | €11,397 | +€3,548 | +45.2% |
| Current investments | 50/53 | €1,447,210 | €1,198,115 | -€249,096 | -17.2% |
| Cash at bank and in hand | 54/58 | €12,184 | €231,025 | +€218,841 | +1,796% |
| Deferred charges and accrued income | 490/1 | €12,689 | €8,493 | -€4,196 | -33.1% |
| Total equity and liabilities | 10/49 | €1,577,365 | €1,526,772 | -€50,594 | -3.2% |
| Equity | 10/15 | €1,491,845 | €1,449,602 | -€42,242 | -2.8% |
| Contributions | 10/11 | €188,500 | €188,500 | = | 0.0% |
| Reserves | 13 | €1,303,345 | €1,261,102 | -€42,242 | -3.2% |
| Distributable reserves | 133 | €1,303,345 | €1,261,102 | -€42,242 | -3.2% |
| Amounts payable | 17/49 | €85,521 | €77,169 | -€8,352 | -9.8% |
| Amounts payable within one year | 42/48 | €85,521 | €77,169 | -€8,352 | -9.8% |
| Financial debts | 43 | - | €7,538 | +€7,538 | |
| Credit institutions | 430/8 | - | €7,538 | +€7,538 | |
| Trade debts | 44 | €712 | €6,023 | +€5,311 | +746% |
| Suppliers | 440/4 | €712 | €6,023 | +€5,311 | +746% |
| Taxes, remuneration and social security | 45 | €76,067 | €39,053 | -€37,015 | -48.7% |
| Taxes | 450/3 | €70,903 | €32,677 | -€38,226 | -53.9% |
| Remuneration and social security | 454/9 | €5,164 | €6,375 | +€1,211 | +23.5% |
| Other amounts payable | 47/48 | €8,741 | €24,555 | +€15,814 | +181% |
| Remuneration, social security and pensions | 62 | €43,905 | €57,428 | +€13,522 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,487 | €18,792 | -€694 | -3.6% |
| Other operating charges | 640/8 | €1,790 | €1,777 | -€13 | -0.7% |
| Gross operating margin | 9900 | €161,462 | €334,936 | +€173,474 | +107% |
| Operating profit (loss) | 9901 | €96,280 | €256,940 | +€160,659 | +167% |
| Financial income | 75/76B | €363,289 | €59,943 | -€303,346 | -83.5% |
| Recurring financial income | 75 | €363,289 | €59,943 | -€303,346 | -83.5% |
| Financial charges | 65/66B | €7,880 | €3,028 | -€4,852 | -61.6% |
| Recurring financial charges | 65 | €7,880 | €3,028 | -€4,852 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | €451,689 | €313,854 | -€137,835 | -30.5% |
| Income taxes | 67/77 | €82,700 | €92,939 | +€10,239 | +12.4% |
| Profit (loss) for the period | 9904 | €368,989 | €220,916 | -€148,074 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €368,989 | €220,916 | -€148,074 | -40.1% |
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 18 October 2026 via checked.be.