TUTIAU: 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.
TUTIAU
Largest movements
- Receivables within one year +€33,733
up €33,733 (+347%), from €9,709 to €43,442
of which Trade receivables: +€28,897
- Trade debts +€34,858
up €34,858 (+111%), from €31,537 to €66,395
- Profit (loss) carried forward -€16,142
down €16,142, from €15,097 to -€1,045
- Other debts +€9,384
up €9,384 (+23.0%), from €40,850 to €50,234
- Short-term financial debts +€4,335
new in 2025: €4,335
- Staff costs +€15,079
up €15,079 (+99.1%), from €15,217 to €30,296
- Gross operating margin -€2,411
down €2,411 (-5.7%), from €42,650 to €40,239
- Depreciation +€926
up €926 (+6.7%), from €13,886 to €14,812
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 | €325,134 | €355,243 | +€30,110 | +9.3% |
| Formation expenses | 20 | €5,282 | €3,388 | -€1,894 | -35.9% |
| Fixed assets | 21/28 | €250,875 | €247,952 | -€2,923 | -1.2% |
| Tangible fixed assets | 22/27 | €250,875 | €247,652 | -€3,223 | -1.3% |
| Land and buildings | 22 | €209,933 | €199,106 | -€10,827 | -5.2% |
| Plant, machinery and equipment | 23 | €40,942 | €48,547 | +€7,605 | +18.6% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €68,976 | €103,903 | +€34,926 | +50.6% |
| Stocks and contracts in progress | 3 | €55,829 | €58,456 | +€2,627 | +4.7% |
| Stocks | 30/36 | €55,829 | €58,456 | +€2,627 | +4.7% |
| Amounts receivable within one year | 40/41 | €9,709 | €43,442 | +€33,733 | +347% |
| Trade receivables | 40 | €8,137 | €37,034 | +€28,897 | +355% |
| Other amounts receivable | 41 | €1,572 | €6,408 | +€4,836 | +308% |
| Cash at bank and in hand | 54/58 | €3,438 | - | -€3,438 | |
| Deferred charges and accrued income | 490/1 | - | €2,005 | +€2,005 | |
| Total equity and liabilities | 10/49 | €325,134 | €355,243 | +€30,110 | +9.3% |
| Equity | 10/15 | €17,097 | €955 | -€16,142 | -94.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,097 | -€1,045 | -€16,142 | |
| Amounts payable | 17/49 | €308,036 | €354,288 | +€46,252 | +15.0% |
| Amounts payable after more than one year | 17 | €206,962 | €205,453 | -€1,509 | -0.7% |
| Financial debts | 170/4 | €206,962 | €205,453 | -€1,509 | -0.7% |
| Amounts payable within one year | 42/48 | €101,074 | €148,835 | +€47,761 | +47.3% |
| Current portion of amounts payable after more than one year | 42 | €24,740 | €25,680 | +€940 | +3.8% |
| Financial debts | 43 | - | €4,335 | +€4,335 | |
| Credit institutions | 430/8 | - | €4,335 | +€4,335 | |
| Trade debts | 44 | €31,537 | €66,395 | +€34,858 | +111% |
| Suppliers | 440/4 | €31,537 | €66,395 | +€34,858 | +111% |
| Taxes, remuneration and social security | 45 | €3,946 | €2,191 | -€1,755 | -44.5% |
| Taxes | 450/3 | €136 | €239 | +€103 | +76.2% |
| Remuneration and social security | 454/9 | €3,811 | €1,952 | -€1,859 | -48.8% |
| Other amounts payable | 47/48 | €40,850 | €50,234 | +€9,384 | +23.0% |
| Remuneration, social security and pensions | 62 | €15,217 | €30,296 | +€15,079 | +99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,886 | €14,812 | +€926 | +6.7% |
| Other operating charges | 640/8 | €1,043 | €1,312 | +€270 | +25.9% |
| Gross operating margin | 9900 | €42,650 | €40,239 | -€2,411 | -5.7% |
| Operating profit (loss) | 9901 | €12,505 | -€6,181 | -€18,686 | |
| Financial charges | 65/66B | €9,612 | €9,961 | +€349 | +3.6% |
| Recurring financial charges | 65 | €9,612 | €9,961 | +€349 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €2,892 | -€16,142 | -€19,035 | |
| Profit (loss) for the period | 9904 | €2,892 | -€16,142 | -€19,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,892 | -€16,142 | -€19,035 |
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.