TURNACUM: 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.
TURNACUM
Largest movements
- Cash -€4,315
down €4,315 (-20.2%), from €21,376 to €17,061
mainly Trade debts (-€24,173)
- Tangible fixed assets -€4,079
down €4,079 (-38.6%), from €10,568 to €6,489
- Receivables within one year -€776
down €776 (-25.9%), from €2,992 to €2,216
- Trade debts -€24,173
down €24,173 (-94.1%), from €25,688 to €1,515
- Profit (loss) carried forward +€14,309
up €14,309 (+51.4%), from -€27,820 to -€13,511
- Other debts +€686
up €686 (+3.8%), from €17,952 to €18,638
- Gross operating margin +€34,285
up €34,285, from -€15,499 to €18,787
- Depreciation +€2,408
up €2,408 (+144.2%), from €1,671 to €4,079
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 | €34,936 | €25,766 | -€9,170 | -26.2% |
| Fixed assets | 21/28 | €10,568 | €6,489 | -€4,079 | -38.6% |
| Tangible fixed assets | 22/27 | €10,568 | €6,489 | -€4,079 | -38.6% |
| Furniture and vehicles | 24 | €10,568 | €6,489 | -€4,079 | -38.6% |
| Current assets | 29/58 | €24,368 | €19,277 | -€5,091 | -20.9% |
| Amounts receivable within one year | 40/41 | €2,992 | €2,216 | -€776 | -25.9% |
| Other amounts receivable | 41 | €2,992 | €2,216 | -€776 | -25.9% |
| Cash at bank and in hand | 54/58 | €21,376 | €17,061 | -€4,315 | -20.2% |
| Total equity and liabilities | 10/49 | €34,936 | €25,766 | -€9,170 | -26.2% |
| Equity | 10/15 | -€8,820 | €5,489 | +€14,309 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,820 | -€13,511 | +€14,309 | +51.4% |
| Amounts payable | 17/49 | €43,756 | €20,276 | -€23,479 | -53.7% |
| Amounts payable within one year | 42/48 | €43,640 | €20,159 | -€23,481 | -53.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6 | +€6 | |
| Trade debts | 44 | €25,688 | €1,515 | -€24,173 | -94.1% |
| Suppliers | 440/4 | €25,688 | €1,515 | -€24,173 | -94.1% |
| Other amounts payable | 47/48 | €17,952 | €18,638 | +€686 | +3.8% |
| Accrued charges and deferred income | 492/3 | €116 | €117 | +€1 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,671 | €4,079 | +€2,408 | +144.2% |
| Gross operating margin | 9900 | -€15,499 | €18,787 | +€34,285 | |
| Operating profit (loss) | 9901 | -€17,169 | €14,708 | +€31,877 | |
| Financial charges | 65/66B | €354 | €399 | +€44 | +12.5% |
| Recurring financial charges | 65 | €354 | €399 | +€44 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,524 | €14,309 | +€31,833 | |
| Profit (loss) for the period | 9904 | -€17,524 | €14,309 | +€31,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,524 | €14,309 | +€31,833 |
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 6 October 2026 via checked.be.