TURIMMO: 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.
TURIMMO
Largest movements
- Tangible fixed assets +€151,353
up €151,353 (+44.2%), from €342,199 to €493,552
of which Assets under construction and advance payments: +€164,748
- Current portion of long-term debt +€113,932
up €113,932 (+107.0%), from €106,504 to €220,436
- Trade debts +€30,928
up €30,928 (+4852.0%), from €637 to €31,565
- Debts after one year +€19,992
up €19,992 (+6.6%), from €301,086 to €321,078
of which Financial debts: +€19,991
- Profit (loss) carried forward -€12,636
down €12,636 (-31.8%), from -€39,701 to -€52,338
- Other operating charges -€33,284
down €33,284 (-92.9%), from €35,844 to €2,560
- Financial charges +€9,989
up €9,989 (+180.6%), from €5,532 to €15,521
- Gross operating margin -€1,004
down €1,004 (-5.0%), from €20,231 to €19,227
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.
Cash bridge derived
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 | €393,526 | €545,741 | +€152,215 | +38.7% |
| Fixed assets | 21/28 | €342,199 | €493,552 | +€151,353 | +44.2% |
| Tangible fixed assets | 22/27 | €342,199 | €493,552 | +€151,353 | +44.2% |
| Land and buildings | 22 | €127,199 | €113,804 | -€13,395 | -10.5% |
| Assets under construction and advance payments | 27 | €215,000 | €379,748 | +€164,748 | +76.6% |
| Current assets | 29/58 | €51,328 | €52,189 | +€861 | +1.7% |
| Amounts receivable within one year | 40/41 | €48,250 | €51,500 | +€3,250 | +6.7% |
| Trade receivables | 40 | €48,250 | €51,500 | +€3,250 | +6.7% |
| Cash at bank and in hand | 54/58 | €3,078 | €689 | -€2,389 | -77.6% |
| Total equity and liabilities | 10/49 | €393,526 | €545,741 | +€152,215 | +38.7% |
| Equity | 10/15 | -€14,701 | -€27,338 | -€12,636 | -86.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,701 | -€52,338 | -€12,636 | -31.8% |
| Amounts payable | 17/49 | €408,227 | €573,078 | +€164,851 | +40.4% |
| Amounts payable after more than one year | 17 | €301,086 | €321,078 | +€19,992 | +6.6% |
| Financial debts | 170/4 | €301,086 | €321,077 | +€19,991 | +6.6% |
| Other amounts payable | 178/9 | - | €1 | +€1 | |
| Amounts payable within one year | 42/48 | €107,141 | €252,001 | +€144,860 | +135.2% |
| Current portion of amounts payable after more than one year | 42 | €106,504 | €220,436 | +€113,932 | +107.0% |
| Trade debts | 44 | €637 | €31,565 | +€30,928 | +4852.0% |
| Suppliers | 440/4 | €637 | €31,565 | +€30,928 | +4852.0% |
| Remuneration, social security and pensions | 62 | €384 | €387 | +€3 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,395 | €13,395 | = | 0.0% |
| Other operating charges | 640/8 | €35,844 | €2,560 | -€33,284 | -92.9% |
| Gross operating margin | 9900 | €20,231 | €19,227 | -€1,004 | -5.0% |
| Operating profit (loss) | 9901 | -€29,392 | €2,885 | +€32,277 | |
| Financial charges | 65/66B | €5,532 | €15,521 | +€9,989 | +180.6% |
| Recurring financial charges | 65 | €5,532 | €15,521 | +€9,989 | +180.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,924 | -€12,636 | +€22,288 | +63.8% |
| Profit (loss) for the period | 9904 | -€34,924 | -€12,636 | +€22,288 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,924 | -€12,636 | +€22,288 | +63.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.