TUTOART: 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.
TUTOART
Largest movements
- Receivables within one year +€30,098
up €30,098 (+72.9%), from €41,295 to €71,393
of which Other amounts receivable: +€42,485
- Cash +€3,197
up €3,197 (+394%), from €811 to €4,008
mainly Net result for the year (+€28,975) and Trade debts (+€5,202)
- Tangible fixed assets -€1,154
down €1,154 (-57.6%), from €2,003 to €849
of which Furniture and vehicles: -€971
- Reserves +€28,000
new in 2025: €28,000
- Other debts -€5,297
no longer reported in 2025 (was €5,297)
- Trade debts +€5,202
up €5,202 (+118%), from €4,418 to €9,621
- Tax, wage and social debts +€2,871
up €2,871 (+31.7%), from €9,050 to €11,921
of which Taxes: +€4,571
- Profit (loss) carried forward +€975
up €975 (+4.3%), from €22,734 to €23,708
- Gross operating margin +€25,661
up €25,661 (+146%), from €17,581 to €43,241
- Taxes +€7,800
up €7,800 (+273%), from €2,854 to €10,653
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 | €44,499 | €76,250 | +€31,751 | +71.4% |
| Fixed assets | 21/28 | €2,003 | €849 | -€1,154 | -57.6% |
| Tangible fixed assets | 22/27 | €2,003 | €849 | -€1,154 | -57.6% |
| Plant, machinery and equipment | 23 | €262 | €80 | -€183 | -69.7% |
| Furniture and vehicles | 24 | €1,741 | €770 | -€971 | -55.8% |
| Current assets | 29/58 | €42,495 | €75,401 | +€32,905 | +77.4% |
| Amounts receivable within one year | 40/41 | €41,295 | €71,393 | +€30,098 | +72.9% |
| Trade receivables | 40 | €39,646 | €27,259 | -€12,387 | -31.2% |
| Other amounts receivable | 41 | €1,649 | €44,134 | +€42,485 | +2,577% |
| Cash at bank and in hand | 54/58 | €811 | €4,008 | +€3,197 | +394% |
| Deferred charges and accrued income | 490/1 | €390 | - | -€390 | |
| Total equity and liabilities | 10/49 | €44,499 | €76,250 | +€31,751 | +71.4% |
| Equity | 10/15 | €25,734 | €54,708 | +€28,975 | +113% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €28,000 | +€28,000 | |
| Distributable reserves | 133 | - | €28,000 | +€28,000 | |
| Profit (loss) carried forward | 14 | €22,734 | €23,708 | +€975 | +4.3% |
| Amounts payable | 17/49 | €18,765 | €21,542 | +€2,777 | +14.8% |
| Amounts payable within one year | 42/48 | €18,765 | €21,542 | +€2,777 | +14.8% |
| Trade debts | 44 | €4,418 | €9,621 | +€5,202 | +118% |
| Suppliers | 440/4 | €4,418 | €9,621 | +€5,202 | +118% |
| Taxes, remuneration and social security | 45 | €9,050 | €11,921 | +€2,871 | +31.7% |
| Taxes | 450/3 | €7,350 | €11,921 | +€4,571 | +62.2% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €5,297 | - | -€5,297 | |
| Non-recurring operating income | 76A | - | €7,536 | +€7,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | €1,154 | = | 0.0% |
| Other operating charges | 640/8 | €820 | €882 | +€63 | +7.6% |
| Gross operating margin | 9900 | €17,581 | €43,241 | +€25,661 | +146% |
| Operating profit (loss) | 9901 | €15,607 | €41,205 | +€25,598 | +164% |
| Financial income | 75/76B | €3 | €160 | +€157 | +6,198% |
| Recurring financial income | 75 | €3 | €160 | +€157 | +6,198% |
| Financial charges | 65/66B | €2,018 | €1,737 | -€281 | -13.9% |
| Recurring financial charges | 65 | €2,018 | €1,737 | -€281 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €13,592 | €39,628 | +€26,036 | +192% |
| Income taxes | 67/77 | €2,854 | €10,653 | +€7,800 | +273% |
| Profit (loss) for the period | 9904 | €10,738 | €28,975 | +€18,237 | +170% |
| Profit (loss) for the period to be appropriated | 9905 | €10,738 | €28,975 | +€18,237 | +170% |
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 17 October 2026 via checked.be.