TUSCO: 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.
TUSCO
Largest movements
- Tangible fixed assets +€35,436
up €35,436 (+23.5%), from €150,552 to €185,988
of which Furniture and vehicles: +€51,004
- Cash +€23,410
up €23,410 (+25.4%), from €92,284 to €115,695
mainly Net result for the year (+€83,162) and Depreciation (+€21,735)
- Current investments -€20,282
down €20,282 (-5.4%), from €375,950 to €355,668
- Reserves +€58,867
up €58,867 (+13.1%), from €449,048 to €507,915
- Other debts -€10,565
down €10,565 (-7.8%), from €134,844 to €124,279
- Gross operating margin +€8,607
up €8,607 (+6.5%), from €132,974 to €141,581
- Depreciation +€2,025
up €2,025 (+10.3%), from €19,709 to €21,735
- Taxes +€1,975
up €1,975 (+6.3%), from €31,548 to €33,522
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 | €647,070 | €689,485 | +€42,414 | +6.6% |
| Fixed assets | 21/28 | €150,552 | €185,988 | +€35,436 | +23.5% |
| Tangible fixed assets | 22/27 | €150,552 | €185,988 | +€35,436 | +23.5% |
| Land and buildings | 22 | €139,370 | €126,700 | -€12,670 | -9.1% |
| Plant, machinery and equipment | 23 | €1,240 | €976 | -€264 | -21.3% |
| Furniture and vehicles | 24 | €5,510 | €56,514 | +€51,004 | +926% |
| Other tangible fixed assets | 26 | €4,432 | €1,798 | -€2,633 | -59.4% |
| Current assets | 29/58 | €496,518 | €503,496 | +€6,978 | +1.4% |
| Amounts receivable within one year | 40/41 | €23,522 | €27,970 | +€4,447 | +18.9% |
| Trade receivables | 40 | €23,522 | €27,970 | +€4,447 | +18.9% |
| Current investments | 50/53 | €375,950 | €355,668 | -€20,282 | -5.4% |
| Cash at bank and in hand | 54/58 | €92,284 | €115,695 | +€23,410 | +25.4% |
| Deferred charges and accrued income | 490/1 | €4,762 | €4,164 | -€598 | -12.6% |
| Total equity and liabilities | 10/49 | €647,070 | €689,485 | +€42,414 | +6.6% |
| Equity | 10/15 | €461,448 | €520,315 | +€58,867 | +12.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €449,048 | €507,915 | +€58,867 | +13.1% |
| Distributable reserves | 133 | €449,048 | €507,915 | +€58,867 | +13.1% |
| Amounts payable | 17/49 | €185,622 | €169,169 | -€16,453 | -8.9% |
| Amounts payable within one year | 42/48 | €158,987 | €145,042 | -€13,945 | -8.8% |
| Trade debts | 44 | €1,301 | €2,494 | +€1,193 | +91.6% |
| Suppliers | 440/4 | €1,301 | €2,494 | +€1,193 | +91.6% |
| Taxes, remuneration and social security | 45 | €22,842 | €18,269 | -€4,572 | -20.0% |
| Taxes | 450/3 | €22,666 | €18,172 | -€4,494 | -19.8% |
| Remuneration and social security | 454/9 | €176 | €97 | -€79 | -44.8% |
| Other amounts payable | 47/48 | €134,844 | €124,279 | -€10,565 | -7.8% |
| Accrued charges and deferred income | 492/3 | €26,635 | €24,127 | -€2,508 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,709 | €21,735 | +€2,025 | +10.3% |
| Other operating charges | 640/8 | €2,140 | €2,015 | -€124 | -5.8% |
| Gross operating margin | 9900 | €132,974 | €141,581 | +€8,607 | +6.5% |
| Operating profit (loss) | 9901 | €111,125 | €117,830 | +€6,706 | +6.0% |
| Financial income | 75/76B | €6,225 | €6,145 | -€80 | -1.3% |
| Recurring financial income | 75 | €6,225 | €6,145 | -€80 | -1.3% |
| Financial charges | 65/66B | €6,652 | €7,291 | +€639 | +9.6% |
| Recurring financial charges | 65 | €6,652 | €7,291 | +€639 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €110,697 | €116,684 | +€5,987 | +5.4% |
| Income taxes | 67/77 | €31,548 | €33,522 | +€1,975 | +6.3% |
| Profit (loss) for the period | 9904 | €79,150 | €83,162 | +€4,012 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,150 | €83,162 | +€4,012 | +5.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.