TURMS: 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.
TURMS
Largest movements
- Cash -€39
down €39 (-22.0%), from €178 to €139
mainly Net result for the year (-€1,403) and Accrued charges and deferred income (-€387)
- Profit (loss) carried forward -€1,403
down €1,403 (-2.6%), from -€53,905 to -€55,307
- Trade debts +€1,001
up €1,001 (+165%), from €605 to €1,606
- Other debts +€750
up €750 (+1.6%), from €46,850 to €47,600
- Accrued charges and deferred income -€387
no longer reported in 2025 (was €387)
- Gross operating margin -€183
down €183 (-18.1%), from -€1,012 to -€1,195
- Financial charges +€18
up €18 (+25.9%), from €71 to €90
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 | €178 | €139 | -€39 | -22.0% |
| Current assets | 29/58 | €178 | €139 | -€39 | -22.0% |
| Cash at bank and in hand | 54/58 | €178 | €139 | -€39 | -22.0% |
| Total equity and liabilities | 10/49 | €178 | €139 | -€39 | -22.0% |
| Equity | 10/15 | -€47,665 | -€49,067 | -€1,403 | -2.9% |
| Contributions | 10/11 | €6,240 | €6,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,905 | -€55,307 | -€1,403 | -2.6% |
| Amounts payable | 17/49 | €47,843 | €49,206 | +€1,364 | +2.9% |
| Amounts payable within one year | 42/48 | €47,455 | €49,206 | +€1,751 | +3.7% |
| Trade debts | 44 | €605 | €1,606 | +€1,001 | +165% |
| Suppliers | 440/4 | €605 | €1,606 | +€1,001 | +165% |
| Other amounts payable | 47/48 | €46,850 | €47,600 | +€750 | +1.6% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Other operating charges | 640/8 | €113 | €118 | +€4 | +3.7% |
| Gross operating margin | 9900 | -€1,012 | -€1,195 | -€183 | -18.1% |
| Operating profit (loss) | 9901 | -€1,126 | -€1,313 | -€187 | -16.6% |
| Financial charges | 65/66B | €71 | €90 | +€18 | +25.9% |
| Recurring financial charges | 65 | €71 | €90 | +€18 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,197 | -€1,403 | -€206 | -17.2% |
| Profit (loss) for the period | 9904 | -€1,197 | -€1,403 | -€206 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,197 | -€1,403 | -€206 | -17.2% |
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 13 October 2026 via checked.be.