TUTKU: 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.
TUTKU
Largest movements
- Deferred charges and accrued income -€67,095
down €67,095 (-94.8%), from €70,759 to €3,664
- Receivables within one year +€40,241
up €40,241 (+14.8%), from €272,616 to €312,857
of which Trade receivables: +€46,636
- Tangible fixed assets -€34,305
down €34,305 (-48.3%), from €71,097 to €36,792
of which Furniture and vehicles: -€30,781
- Cash +€32,472
up €32,472 (+412.9%), from €7,865 to €40,337
mainly Deferred charges and accrued income (+€67,095) and Investment in fixed assets (net) (+€30,781)
- Debts after one year -€19,805
down €19,805 (-84.4%), from €23,452 to €3,647
- Tax, wage and social debts -€13,551
down €13,551 (-55.2%), from €24,566 to €11,015
of which Remuneration and social security: -€8,876
- Profit (loss) carried forward +€5,526
up €5,526 (+3.4%), from €164,325 to €169,851
- Gross operating margin +€66,570
up €66,570 (+64.8%), from €102,683 to €169,253
- Other operating charges +€22,678
up €22,678 (+1003.9%), from €2,259 to €24,937
- Depreciation -€11,694
down €11,694 (-76.8%), from €15,218 to €3,524
- Staff costs +€7,481
up €7,481 (+15.9%), from €47,188 to €54,669
- Taxes -€3,464
down €3,464 (-57.5%), from €6,028 to €2,564
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 | €422,585 | €393,898 | -€28,687 | -6.8% |
| Fixed assets | 21/28 | €71,345 | €37,040 | -€34,305 | -48.1% |
| Tangible fixed assets | 22/27 | €71,097 | €36,792 | -€34,305 | -48.3% |
| Land and buildings | 22 | €39,358 | €36,078 | -€3,280 | -8.3% |
| Plant, machinery and equipment | 23 | €958 | €714 | -€244 | -25.5% |
| Furniture and vehicles | 24 | €30,781 | - | -€30,781 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €351,240 | €356,858 | +€5,618 | +1.6% |
| Amounts receivable within one year | 40/41 | €272,616 | €312,857 | +€40,241 | +14.8% |
| Trade receivables | 40 | €250,613 | €297,249 | +€46,636 | +18.6% |
| Other amounts receivable | 41 | €22,003 | €15,608 | -€6,395 | -29.1% |
| Cash at bank and in hand | 54/58 | €7,865 | €40,337 | +€32,472 | +412.9% |
| Deferred charges and accrued income | 490/1 | €70,759 | €3,664 | -€67,095 | -94.8% |
| Total equity and liabilities | 10/49 | €422,585 | €393,898 | -€28,687 | -6.8% |
| Equity | 10/15 | €172,385 | €177,911 | +€5,526 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,325 | €169,851 | +€5,526 | +3.4% |
| Amounts payable | 17/49 | €250,200 | €215,987 | -€34,213 | -13.7% |
| Amounts payable after more than one year | 17 | €23,452 | €3,647 | -€19,805 | -84.4% |
| Financial debts | 170/4 | €23,452 | €3,647 | -€19,805 | -84.4% |
| Amounts payable within one year | 42/48 | €225,996 | €211,588 | -€14,408 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €18,717 | €19,795 | +€1,078 | +5.8% |
| Financial debts | 43 | €110 | - | -€110 | |
| Credit institutions | 430/8 | €110 | - | -€110 | |
| Trade debts | 44 | €176,603 | €174,778 | -€1,825 | -1.0% |
| Suppliers | 440/4 | €176,603 | €174,778 | -€1,825 | -1.0% |
| Taxes, remuneration and social security | 45 | €24,566 | €11,015 | -€13,551 | -55.2% |
| Taxes | 450/3 | €6,702 | €2,027 | -€4,675 | -69.8% |
| Remuneration and social security | 454/9 | €17,864 | €8,988 | -€8,876 | -49.7% |
| Other amounts payable | 47/48 | €6,000 | €6,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €752 | €752 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,219 | +€4,219 | |
| Remuneration, social security and pensions | 62 | €47,188 | €54,669 | +€7,481 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,218 | €3,524 | -€11,694 | -76.8% |
| Other operating charges | 640/8 | €2,259 | €24,937 | +€22,678 | +1003.9% |
| Non-recurring operating charges | 66A | €1,793 | €70,000 | +€68,207 | +3804.1% |
| Gross operating margin | 9900 | €102,683 | €169,253 | +€66,570 | +64.8% |
| Operating profit (loss) | 9901 | €36,225 | €16,123 | -€20,102 | -55.5% |
| Financial income | 75/76B | €16 | €88 | +€72 | +450.0% |
| Recurring financial income | 75 | €16 | €88 | +€72 | +450.0% |
| Financial charges | 65/66B | €11,206 | €8,121 | -€3,085 | -27.5% |
| Recurring financial charges | 65 | €11,206 | €8,121 | -€3,085 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €25,035 | €8,090 | -€16,945 | -67.7% |
| Income taxes | 67/77 | €6,028 | €2,564 | -€3,464 | -57.5% |
| Profit (loss) for the period | 9904 | €19,007 | €5,526 | -€13,481 | -70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,007 | €5,526 | -€13,481 | -70.9% |
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 10 October 2026 via checked.be.