TURNITUP SOLUTIONS: 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.
TURNITUP SOLUTIONS
Largest movements
- Cash +€7,778
up €7,778 (+70.7%), from €11,002 to €18,780
mainly Net result for the year (+€4,831) and Stocks and contracts (+€3,160)
- Stocks and contracts -€3,160
down €3,160 (-50.0%), from €6,320 to €3,160
- Receivables within one year +€2,051
up €2,051 (+16.0%), from €12,846 to €14,898
of which Trade receivables: +€2,046
- Tangible fixed assets -€939
down €939 (-26.9%), from €3,487 to €2,548
of which Land and buildings: -€656
- Deferred charges and accrued income +€498
up €498 (+299%), from €167 to €665
- Profit (loss) carried forward +€4,831
up €4,831, from -€2,565 to €2,266
- Trade debts +€1,316
up €1,316 (+47.9%), from €2,746 to €4,062
- Gross operating margin -€8,575
down €8,575 (-39.9%), from €21,497 to €12,922
- Write-downs +€3,160
new in 2025: €3,160
- Taxes +€2,065
up €2,065 (+209%), from €987 to €3,051
- Financial income +€777
up €777 (+1,919%), from €40 to €817
- Depreciation -€250
down €250 (-21.0%), from €1,189 to €939
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 | €33,822 | €40,050 | +€6,228 | +18.4% |
| Fixed assets | 21/28 | €3,487 | €2,548 | -€939 | -26.9% |
| Tangible fixed assets | 22/27 | €3,487 | €2,548 | -€939 | -26.9% |
| Land and buildings | 22 | €3,164 | €2,508 | -€656 | -20.7% |
| Furniture and vehicles | 24 | €323 | €40 | -€283 | -87.6% |
| Current assets | 29/58 | €30,335 | €37,503 | +€7,167 | +23.6% |
| Stocks and contracts in progress | 3 | €6,320 | €3,160 | -€3,160 | -50.0% |
| Stocks | 30/36 | €6,320 | €3,160 | -€3,160 | -50.0% |
| Amounts receivable within one year | 40/41 | €12,846 | €14,898 | +€2,051 | +16.0% |
| Trade receivables | 40 | €12,333 | €14,379 | +€2,046 | +16.6% |
| Other amounts receivable | 41 | €513 | €519 | +€6 | +1.1% |
| Cash at bank and in hand | 54/58 | €11,002 | €18,780 | +€7,778 | +70.7% |
| Deferred charges and accrued income | 490/1 | €167 | €665 | +€498 | +299% |
| Total equity and liabilities | 10/49 | €33,822 | €40,050 | +€6,228 | +18.4% |
| Equity | 10/15 | €15,985 | €20,816 | +€4,831 | +30.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,565 | €2,266 | +€4,831 | |
| Amounts payable | 17/49 | €17,837 | €19,235 | +€1,397 | +7.8% |
| Amounts payable within one year | 42/48 | €17,837 | €19,235 | +€1,397 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,746 | €4,062 | +€1,316 | +47.9% |
| Suppliers | 440/4 | €2,746 | €4,062 | +€1,316 | +47.9% |
| Taxes, remuneration and social security | 45 | €9,267 | €9,349 | +€82 | +0.9% |
| Taxes | 450/3 | €6,460 | €6,542 | +€82 | +1.3% |
| Remuneration and social security | 454/9 | €2,807 | €2,807 | = | 0.0% |
| Other amounts payable | 47/48 | €5,825 | €5,825 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €8,021 | €0 | -€8,021 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,189 | €939 | -€250 | -21.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,160 | +€3,160 | |
| Other operating charges | 640/8 | €1,094 | €860 | -€234 | -21.4% |
| Gross operating margin | 9900 | €21,497 | €12,922 | -€8,575 | -39.9% |
| Operating profit (loss) | 9901 | €19,214 | €7,963 | -€11,251 | -58.6% |
| Financial income | 75/76B | €40 | €817 | +€777 | +1,919% |
| Recurring financial income | 75 | €40 | €817 | +€777 | +1,919% |
| Financial charges | 65/66B | €1,019 | €898 | -€121 | -11.8% |
| Recurring financial charges | 65 | €1,019 | €898 | -€121 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €18,236 | €7,882 | -€10,353 | -56.8% |
| Income taxes | 67/77 | €987 | €3,051 | +€2,065 | +209% |
| Profit (loss) for the period | 9904 | €17,249 | €4,831 | -€12,418 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,249 | €4,831 | -€12,418 | -72.0% |
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 19 October 2026 via checked.be.