TUS: 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.
TUS
Largest movements
- Stocks and contracts -€96,050
down €96,050 (-30.8%), from €311,356 to €215,306
- Cash +€5,562
up €5,562 (+602%), from €924 to €6,486
mainly Stocks and contracts (+€96,050) and Receivables within one year (+€4,363)
- Receivables within one year -€4,363
down €4,363 (-100%), from €4,363 to €0
- Profit (loss) carried forward -€67,831
down €67,831 (-284%), from -€23,925 to -€91,756
- Current portion of long-term debt -€17,270
down €17,270 (-11.1%), from €155,666 to €138,395
- Trade debts -€14,386
down €14,386 (-37.0%), from €38,877 to €24,491
- Tax, wage and social debts +€3,738
up €3,738, from €0 to €3,738
- Gross operating margin -€34,928
down €34,928 (-170%), from -€20,535 to -€55,463
- Financial charges +€9,304
up €9,304 (+488%), from €1,908 to €11,211
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 | €316,643 | €221,792 | -€94,851 | -30.0% |
| Current assets | 29/58 | €316,643 | €221,792 | -€94,851 | -30.0% |
| Stocks and contracts in progress | 3 | €311,356 | €215,306 | -€96,050 | -30.8% |
| Stocks | 30/36 | €311,356 | €215,306 | -€96,050 | -30.8% |
| Amounts receivable within one year | 40/41 | €4,363 | €0 | -€4,363 | -100% |
| Trade receivables | 40 | €4,363 | €0 | -€4,363 | -100% |
| Cash at bank and in hand | 54/58 | €924 | €6,486 | +€5,562 | +602% |
| Total equity and liabilities | 10/49 | €316,643 | €221,792 | -€94,851 | -30.0% |
| Equity | 10/15 | -€18,921 | -€86,752 | -€67,831 | -358% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,004 | €3,004 | = | 0.0% |
| Distributable reserves | 133 | €3,004 | €3,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,925 | -€91,756 | -€67,831 | -284% |
| Amounts payable | 17/49 | €335,565 | €308,544 | -€27,020 | -8.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €335,565 | €308,544 | -€27,020 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €155,666 | €138,395 | -€17,270 | -11.1% |
| Trade debts | 44 | €38,877 | €24,491 | -€14,386 | -37.0% |
| Suppliers | 440/4 | €38,877 | €24,491 | -€14,386 | -37.0% |
| Taxes, remuneration and social security | 45 | €0 | €3,738 | +€3,738 | |
| Taxes | 450/3 | €0 | €3,738 | +€3,738 | |
| Other amounts payable | 47/48 | €141,022 | €141,920 | +€898 | +0.6% |
| Other operating charges | 640/8 | €1,483 | €1,404 | -€79 | -5.3% |
| Gross operating margin | 9900 | -€20,535 | -€55,463 | -€34,928 | -170% |
| Operating profit (loss) | 9901 | -€22,018 | -€56,867 | -€34,850 | -158% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,908 | €11,211 | +€9,304 | +488% |
| Recurring financial charges | 65 | €1,908 | €11,211 | +€9,304 | +488% |
| Profit (loss) for the period before taxes | 9903 | -€23,925 | -€68,078 | -€44,153 | -185% |
| Income taxes | 67/77 | - | -€248 | -€248 | |
| Profit (loss) for the period | 9904 | -€23,925 | -€67,831 | -€43,906 | -184% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,925 | -€67,831 | -€43,906 | -184% |
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 18 October 2026 via checked.be.