Turtlee Green: 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.
Turtlee Green
Largest movements
- Stocks and contracts -€860
down €860 (-9.6%), from €8,928 to €8,069
of which Stocks: -€860
- Receivables within one year -€525
down €525 (-39.8%), from €1,320 to €795
- Cash +€430
new in 2025: €430
mainly Stocks and contracts (+€860) and Receivables within one year (+€525)
- Profit (loss) carried forward -€610
down €610 (-40.3%), from -€1,514 to -€2,124
- Trade debts -€345
no longer reported in 2025 (was €345)
- Other operating charges +€5,531
up €5,531 (+225%), from €2,461 to €7,992
- Goods and materials -€3,031
down €3,031 (-60.6%), from €5,001 to €1,970
of which Purchases: -€12,819
- Services and other goods +€1,606
up €1,606 (+101%), from €1,593 to €3,199
- Turnover -€320
down €320 (-5.2%), from €6,136 to €5,816
- Write-downs +€222
new in 2025: €222
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 | €10,248 | €9,294 | -€955 | -9.3% |
| Current assets | 29/58 | €10,248 | €9,294 | -€955 | -9.3% |
| Stocks and contracts in progress | 3 | €8,928 | €8,069 | -€860 | -9.6% |
| Stocks | 30/36 | €8,928 | €8,069 | -€860 | -9.6% |
| Goods purchased for resale | 34 | €8,928 | €8,069 | -€860 | -9.6% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,320 | €795 | -€525 | -39.8% |
| Trade receivables | 40 | €1,320 | €795 | -€525 | -39.8% |
| Cash at bank and in hand | 54/58 | - | €430 | +€430 | |
| Total equity and liabilities | 10/49 | €10,248 | €9,294 | -€955 | -9.3% |
| Equity | 10/15 | €9,904 | €9,294 | -€610 | -6.2% |
| Contributions | 10/11 | €11,418 | €11,418 | +€0 | 0.0% |
| Capital | 10 | €11,418 | €11,418 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,514 | -€2,124 | -€610 | -40.3% |
| Amounts payable | 17/49 | €345 | - | -€345 | |
| Amounts payable within one year | 42/48 | €345 | - | -€345 | |
| Trade debts | 44 | €345 | - | -€345 | |
| Suppliers | 440/4 | €345 | - | -€345 | |
| Operating income | 70/76A | €7,541 | €12,774 | +€5,232 | +69.4% |
| Turnover | 70 | €6,136 | €5,816 | -€320 | -5.2% |
| Membership fees, donations, legacies and grants | 73 | €898 | €4,468 | +€3,569 | +397% |
| Other operating income | 74 | €507 | €715 | +€209 | +41.2% |
| Non-recurring operating income | 76A | - | €1,774 | +€1,774 | |
| Operating charges | 60/66A | €9,055 | €13,384 | +€4,329 | +47.8% |
| Goods for resale, raw materials and consumables | 60 | €5,001 | €1,970 | -€3,031 | -60.6% |
| Purchases | 600/8 | €13,930 | €1,111 | -€12,819 | -92.0% |
| Change in stocks: decrease (increase) | 609 | -€8,928 | €860 | +€9,788 | |
| Services and other goods | 61 | €1,593 | €3,199 | +€1,606 | +101% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €222 | +€222 | |
| Other operating charges | 640/8 | €2,461 | €7,992 | +€5,531 | +225% |
| Operating profit (loss) | 9901 | -€1,514 | -€610 | +€904 | +59.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €0 | - | = | |
| Recurring financial charges | 65 | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€1,514 | -€610 | +€904 | +59.7% |
| Profit (loss) for the period | 9904 | -€1,514 | -€610 | +€904 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,514 | -€610 | +€904 | +59.7% |
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 29 October 2026 via checked.be.