TURO-TURO: 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.
TURO-TURO
Largest movements
- Tangible fixed assets -€10,162
down €10,162 (-30.5%), from €33,340 to €23,178
- Receivables within one year +€3,370
up €3,370 (+285%), from €1,182 to €4,552
of which Other amounts receivable: +€3,238
- Stocks and contracts +€828
up €828 (+17.5%), from €4,730 to €5,558
- Cash -€605
down €605 (-10.8%), from €5,581 to €4,976
mainly Net result for the year (-€5,711) and Receivables within one year (-€3,370)
- Profit (loss) carried forward -€5,711
new in 2025: -€5,711
- Debts after one year -€2,253
no longer reported in 2025 (was €2,253)
- Trade debts +€2,014
up €2,014 (+197%), from €1,022 to €3,036
- Tax, wage and social debts -€809
down €809 (-8.1%), from €9,987 to €9,177
of which Taxes: -€5,511
- Other debts +€500
up €500 (+86.9%), from €576 to €1,076
- Staff costs +€29,653
up €29,653 (+126%), from €23,455 to €53,108
- Taxes -€6,131
down €6,131 (-95.9%), from €6,393 to €262
- Gross operating margin +€5,540
up €5,540 (+10.2%), from €54,371 to €59,911
- Other operating charges -€1,552
down €1,552 (-74.0%), from €2,098 to €546
- Depreciation +€788
up €788 (+8.1%), from €9,696 to €10,484
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 | €47,058 | €40,893 | -€6,165 | -13.1% |
| Fixed assets | 21/28 | €34,690 | €24,528 | -€10,162 | -29.3% |
| Tangible fixed assets | 22/27 | €33,340 | €23,178 | -€10,162 | -30.5% |
| Plant, machinery and equipment | 23 | €8,612 | €4,734 | -€3,878 | -45.0% |
| Furniture and vehicles | 24 | €6,150 | €4,510 | -€1,640 | -26.7% |
| Other tangible fixed assets | 26 | €18,578 | €13,933 | -€4,644 | -25.0% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €12,368 | €16,365 | +€3,998 | +32.3% |
| Stocks and contracts in progress | 3 | €4,730 | €5,558 | +€828 | +17.5% |
| Stocks | 30/36 | €4,730 | €5,558 | +€828 | +17.5% |
| Amounts receivable within one year | 40/41 | €1,182 | €4,552 | +€3,370 | +285% |
| Trade receivables | 40 | €1,080 | €1,212 | +€132 | +12.2% |
| Other amounts receivable | 41 | €102 | €3,340 | +€3,238 | +3,166% |
| Cash at bank and in hand | 54/58 | €5,581 | €4,976 | -€605 | -10.8% |
| Deferred charges and accrued income | 490/1 | €875 | €1,279 | +€405 | +46.3% |
| Total equity and liabilities | 10/49 | €47,058 | €40,893 | -€6,165 | -13.1% |
| Equity | 10/15 | €30,967 | €25,256 | -€5,711 | -18.4% |
| Reserves | 13 | €30,967 | €30,967 | = | 0.0% |
| Distributable reserves | 133 | €30,967 | €30,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,711 | -€5,711 | |
| Amounts payable | 17/49 | €16,090 | €15,637 | -€454 | -2.8% |
| Amounts payable after more than one year | 17 | €2,253 | - | -€2,253 | |
| Financial debts | 170/4 | €2,253 | - | -€2,253 | |
| Amounts payable within one year | 42/48 | €13,838 | €15,637 | +€1,799 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €2,253 | €2,347 | +€94 | +4.2% |
| Trade debts | 44 | €1,022 | €3,036 | +€2,014 | +197% |
| Suppliers | 440/4 | €1,022 | €3,036 | +€2,014 | +197% |
| Taxes, remuneration and social security | 45 | €9,987 | €9,177 | -€809 | -8.1% |
| Taxes | 450/3 | €8,195 | €2,684 | -€5,511 | -67.2% |
| Remuneration and social security | 454/9 | €1,792 | €6,494 | +€4,702 | +262% |
| Other amounts payable | 47/48 | €576 | €1,076 | +€500 | +86.9% |
| Remuneration, social security and pensions | 62 | €23,455 | €53,108 | +€29,653 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,696 | €10,484 | +€788 | +8.1% |
| Other operating charges | 640/8 | €2,098 | €546 | -€1,552 | -74.0% |
| Gross operating margin | 9900 | €54,371 | €59,911 | +€5,540 | +10.2% |
| Operating profit (loss) | 9901 | €19,122 | -€4,227 | -€23,349 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +213% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +213% |
| Financial charges | 65/66B | €543 | €1,223 | +€680 | +125% |
| Recurring financial charges | 65 | €543 | €1,223 | +€680 | +125% |
| Profit (loss) for the period before taxes | 9903 | €18,580 | -€5,449 | -€24,029 | |
| Income taxes | 67/77 | €6,393 | €262 | -€6,131 | -95.9% |
| Profit (loss) for the period | 9904 | €12,187 | -€5,711 | -€17,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,187 | -€5,711 | -€17,898 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.