TUTOGLU: 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.
TUTOGLU
Largest movements
- Receivables within one year +€64,188
up €64,188 (+131.9%), from €48,663 to €112,852
of which Other amounts receivable: +€60,688
- Cash +€23,993
up €23,993 (+60833.0%), from €39 to €24,032
mainly Net result for the year (+€46,933) and Tax, wage and social debts (+€32,751)
- Tangible fixed assets -€7,968
down €7,968 (-23.7%), from €33,625 to €25,656
of which Furniture and vehicles: -€7,838
- Profit (loss) carried forward +€46,933
up €46,933 (+76.7%), from €61,189 to €108,122
- Tax, wage and social debts +€32,751
up €32,751 (+199.4%), from €16,426 to €49,177
of which Remuneration and social security: +€27,399
- Gross operating margin +€38,554
up €38,554 (+128.4%), from €30,033 to €68,587
- Taxes +€8,880
up €8,880 (+140.8%), from €6,305 to €15,185
- Financial income +€1,976
up €1,976 (+100.8%), from €1,961 to €3,937
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 | €82,327 | €162,540 | +€80,213 | +97.4% |
| Fixed assets | 21/28 | €33,625 | €25,656 | -€7,968 | -23.7% |
| Tangible fixed assets | 22/27 | €33,625 | €25,656 | -€7,968 | -23.7% |
| Plant, machinery and equipment | 23 | €456 | €326 | -€130 | -28.6% |
| Furniture and vehicles | 24 | €33,168 | €25,330 | -€7,838 | -23.6% |
| Current assets | 29/58 | €48,703 | €136,884 | +€88,181 | +181.1% |
| Amounts receivable within one year | 40/41 | €48,663 | €112,852 | +€64,188 | +131.9% |
| Trade receivables | 40 | €3,000 | €6,500 | +€3,500 | +116.7% |
| Other amounts receivable | 41 | €45,663 | €106,352 | +€60,688 | +132.9% |
| Cash at bank and in hand | 54/58 | €39 | €24,032 | +€23,993 | +60833.0% |
| Total equity and liabilities | 10/49 | €82,327 | €162,540 | +€80,213 | +97.4% |
| Equity | 10/15 | €64,189 | €111,122 | +€46,933 | +73.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,189 | €108,122 | +€46,933 | +76.7% |
| Amounts payable | 17/49 | €18,138 | €51,418 | +€33,280 | +183.5% |
| Amounts payable within one year | 42/48 | €18,138 | €51,418 | +€33,280 | +183.5% |
| Trade debts | 44 | €1,713 | €2,241 | +€529 | +30.9% |
| Suppliers | 440/4 | €1,713 | €2,241 | +€529 | +30.9% |
| Taxes, remuneration and social security | 45 | €16,426 | €49,177 | +€32,751 | +199.4% |
| Taxes | 450/3 | €16,426 | €21,778 | +€5,352 | +32.6% |
| Remuneration and social security | 454/9 | - | €27,399 | +€27,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,687 | €9,174 | +€486 | +5.6% |
| Other operating charges | 640/8 | €736 | €843 | +€108 | +14.6% |
| Gross operating margin | 9900 | €30,033 | €68,587 | +€38,554 | +128.4% |
| Operating profit (loss) | 9901 | €20,610 | €58,570 | +€37,960 | +184.2% |
| Financial income | 75/76B | €1,961 | €3,937 | +€1,976 | +100.8% |
| Recurring financial income | 75 | €1,961 | €3,937 | +€1,976 | +100.8% |
| Financial charges | 65/66B | €633 | €390 | -€243 | -38.3% |
| Recurring financial charges | 65 | €633 | €390 | -€243 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €21,937 | €62,117 | +€40,180 | +183.2% |
| Income taxes | 67/77 | €6,305 | €15,185 | +€8,880 | +140.8% |
| Profit (loss) for the period | 9904 | €15,633 | €46,933 | +€31,300 | +200.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,633 | €46,933 | +€31,300 | +200.2% |
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 11 October 2026 via checked.be.