TURQUOISE: 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.
TURQUOISE
Largest movements
- Receivables within one year -€8,000
no longer reported in 2025 (was €8,000)
- Cash -€670
down €670 (-17.2%), from €3,886 to €3,216
mainly Other debts (-€8,000) and Net result for the year (-€1,461)
- Other debts -€8,000
down €8,000 (-18.6%), from €42,986 to €34,986
- Profit (loss) carried forward -€1,461
down €1,461 (-2.9%), from -€50,731 to -€52,192
- Trade debts +€792
up €792 (+76.8%), from €1,031 to €1,823
- Gross operating margin +€239
up €239 (+23.2%), from -€1,031 to -€792
- Financial charges +€15
up €15 (+11.1%), from €135 to €150
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
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 | €11,886 | €3,216 | -€8,670 | -72.9% |
| Current assets | 29/58 | €11,886 | €3,216 | -€8,670 | -72.9% |
| Amounts receivable within one year | 40/41 | €8,000 | - | -€8,000 | |
| Other amounts receivable | 41 | €8,000 | - | -€8,000 | |
| Cash at bank and in hand | 54/58 | €3,886 | €3,216 | -€670 | -17.2% |
| Total equity and liabilities | 10/49 | €11,886 | €3,216 | -€8,670 | -72.9% |
| Equity | 10/15 | -€32,131 | -€33,592 | -€1,461 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,731 | -€52,192 | -€1,461 | -2.9% |
| Amounts payable | 17/49 | €44,017 | €36,808 | -€7,208 | -16.4% |
| Amounts payable within one year | 42/48 | €44,017 | €36,808 | -€7,208 | -16.4% |
| Trade debts | 44 | €1,031 | €1,823 | +€792 | +76.8% |
| Suppliers | 440/4 | €1,031 | €1,823 | +€792 | +76.8% |
| Other amounts payable | 47/48 | €42,986 | €34,986 | -€8,000 | -18.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,031 | -€792 | +€239 | +23.2% |
| Operating profit (loss) | 9901 | -€1,536 | -€1,311 | +€225 | +14.6% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,671 | -€1,461 | +€210 | +12.5% |
| Profit (loss) for the period | 9904 | -€1,671 | -€1,461 | +€210 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,671 | -€1,461 | +€210 | +12.5% |
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 9 October 2026 via checked.be.