TUTS-WIEMEERSCH: 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.
TUTS-WIEMEERSCH
Largest movements
- Cash +€347,033
up €347,033 (+40.7%), from €852,260 to €1.2m
mainly Other debts (+€275,387) and Net result for the year (+€204,916)
- Tangible fixed assets -€100,628
down €100,628 (-41.0%), from €245,393 to €144,765
of which Land and buildings: -€74,000
- Other debts +€275,387
up €275,387 (+417%), from €66,057 to €341,444
- Reserves -€28,783
down €28,783 (-2.2%), from €1.3m to €1.3m
- Gross operating margin +€140,591
up €140,591 (+75.9%), from €185,240 to €325,831
- Taxes +€43,861
up €43,861 (+91.8%), from €47,767 to €91,628
- Financial income -€7,726
down €7,726 (-76.3%), from €10,122 to €2,396
- Depreciation +€4,174
up €4,174 (+16.4%), from €25,454 to €29,628
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 | €1,401,140 | €1,652,887 | +€251,747 | +18.0% |
| Fixed assets | 21/28 | €245,393 | €144,765 | -€100,628 | -41.0% |
| Tangible fixed assets | 22/27 | €245,393 | €144,765 | -€100,628 | -41.0% |
| Land and buildings | 22 | €133,000 | €59,000 | -€74,000 | -55.6% |
| Plant, machinery and equipment | 23 | €2,448 | €1,099 | -€1,349 | -55.1% |
| Furniture and vehicles | 24 | €109,945 | €84,666 | -€25,279 | -23.0% |
| Current assets | 29/58 | €1,155,747 | €1,508,122 | +€352,375 | +30.5% |
| Amounts receivable within one year | 40/41 | €0 | €5,174 | +€5,174 | |
| Other amounts receivable | 41 | €0 | €5,174 | +€5,174 | |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €852,260 | €1,199,293 | +€347,033 | +40.7% |
| Deferred charges and accrued income | 490/1 | €3,487 | €3,654 | +€168 | +4.8% |
| Total equity and liabilities | 10/49 | €1,401,140 | €1,652,887 | +€251,747 | +18.0% |
| Equity | 10/15 | €1,324,959 | €1,296,177 | -€28,783 | -2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,304,959 | €1,276,177 | -€28,783 | -2.2% |
| Distributable reserves | 133 | €1,304,959 | €1,276,177 | -€28,783 | -2.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,181 | €356,710 | +€280,530 | +368% |
| Amounts payable within one year | 42/48 | €76,181 | €356,710 | +€280,530 | +368% |
| Trade debts | 44 | €9,672 | €15,266 | +€5,594 | +57.8% |
| Suppliers | 440/4 | €9,672 | €15,266 | +€5,594 | +57.8% |
| Taxes, remuneration and social security | 45 | €452 | €0 | -€452 | -100% |
| Taxes | 450/3 | €452 | €0 | -€452 | -100% |
| Other amounts payable | 47/48 | €66,057 | €341,444 | +€275,387 | +417% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,454 | €29,628 | +€4,174 | +16.4% |
| Other operating charges | 640/8 | €3,208 | €1,705 | -€1,502 | -46.8% |
| Gross operating margin | 9900 | €185,240 | €325,831 | +€140,591 | +75.9% |
| Operating profit (loss) | 9901 | €156,578 | €294,498 | +€137,920 | +88.1% |
| Financial income | 75/76B | €10,122 | €2,396 | -€7,726 | -76.3% |
| Recurring financial income | 75 | €10,122 | €2,396 | -€7,726 | -76.3% |
| Financial charges | 65/66B | €153 | €350 | +€197 | +129% |
| Recurring financial charges | 65 | €153 | €350 | +€197 | +129% |
| Profit (loss) for the period before taxes | 9903 | €166,547 | €296,544 | +€129,997 | +78.1% |
| Income taxes | 67/77 | €47,767 | €91,628 | +€43,861 | +91.8% |
| Profit (loss) for the period | 9904 | €118,780 | €204,916 | +€86,136 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €118,780 | €204,916 | +€86,136 | +72.5% |
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 23 October 2026 via checked.be.