TUTU CHIEN: 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.
TUTU CHIEN
Largest movements
- Tangible fixed assets +€336,629
up €336,629 (+3,535%), from €9,524 to €346,152
of which Land and buildings: +€319,625
- Cash -€18,790
down €18,790 (-75.7%), from €24,821 to €6,031
mainly Investment in fixed assets (net) (-€339,769) and Smaller working-capital items (-€103)
- Debts after one year +€280,152
new in 2025: €280,152
- Reserves +€19,192
up €19,192 (+51.5%), from €37,301 to €56,493
- Other debts +€11,405
up €11,405 (+463%), from €2,464 to €13,869
- Tax, wage and social debts +€6,338
up €6,338 (+64.4%), from €9,835 to €16,173
of which Taxes: +€4,516
- Gross operating margin +€3,153
up €3,153 (+10.1%), from €31,207 to €34,361
- Staff costs +€2,879
up €2,879 (+197%), from €1,459 to €4,338
- Depreciation +€1,392
up €1,392 (+79.6%), from €1,749 to €3,140
- Financial charges +€1,079
up €1,079 (+768%), from €141 to €1,220
- Other operating charges +€509
up €509 (+57.2%), from €890 to €1,398
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 | €52,012 | €369,820 | +€317,807 | +611% |
| Fixed assets | 21/28 | €9,524 | €346,152 | +€336,629 | +3,535% |
| Tangible fixed assets | 22/27 | €9,524 | €346,152 | +€336,629 | +3,535% |
| Land and buildings | 22 | - | €319,625 | +€319,625 | |
| Plant, machinery and equipment | 23 | €9,524 | €26,527 | +€17,004 | +179% |
| Current assets | 29/58 | €42,489 | €23,667 | -€18,821 | -44.3% |
| Stocks and contracts in progress | 3 | €2,928 | €2,928 | = | 0.0% |
| Stocks | 30/36 | €2,928 | €2,928 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,739 | €14,139 | -€600 | -4.1% |
| Trade receivables | 40 | €14,024 | €14,139 | +€115 | +0.8% |
| Other amounts receivable | 41 | €715 | €0 | -€715 | -100% |
| Cash at bank and in hand | 54/58 | €24,821 | €6,031 | -€18,790 | -75.7% |
| Deferred charges and accrued income | 490/1 | - | €569 | +€569 | |
| Total equity and liabilities | 10/49 | €52,012 | €369,820 | +€317,807 | +611% |
| Equity | 10/15 | €38,801 | €57,993 | +€19,192 | +49.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €37,301 | €56,493 | +€19,192 | +51.5% |
| Distributable reserves | 133 | €37,301 | €56,493 | +€19,192 | +51.5% |
| Amounts payable | 17/49 | €13,211 | €311,827 | +€298,615 | +2,260% |
| Amounts payable after more than one year | 17 | - | €280,152 | +€280,152 | |
| Financial debts | 170/4 | - | €280,152 | +€280,152 | |
| Amounts payable within one year | 42/48 | €13,211 | €31,675 | +€18,463 | +140% |
| Current portion of amounts payable after more than one year | 42 | - | €855 | +€855 | |
| Trade debts | 44 | €913 | €778 | -€134 | -14.7% |
| Suppliers | 440/4 | €913 | €778 | -€134 | -14.7% |
| Taxes, remuneration and social security | 45 | €9,835 | €16,173 | +€6,338 | +64.4% |
| Taxes | 450/3 | €9,377 | €13,892 | +€4,516 | +48.2% |
| Remuneration and social security | 454/9 | €458 | €2,280 | +€1,822 | +398% |
| Other amounts payable | 47/48 | €2,464 | €13,869 | +€11,405 | +463% |
| Remuneration, social security and pensions | 62 | €1,459 | €4,338 | +€2,879 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,749 | €3,140 | +€1,392 | +79.6% |
| Other operating charges | 640/8 | €890 | €1,398 | +€509 | +57.2% |
| Gross operating margin | 9900 | €31,207 | €34,361 | +€3,153 | +10.1% |
| Operating profit (loss) | 9901 | €27,110 | €25,484 | -€1,626 | -6.0% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €141 | €1,220 | +€1,079 | +768% |
| Recurring financial charges | 65 | €141 | €1,220 | +€1,079 | +768% |
| Profit (loss) for the period before taxes | 9903 | €26,979 | €24,264 | -€2,715 | -10.1% |
| Income taxes | 67/77 | €5,461 | €5,072 | -€390 | -7.1% |
| Profit (loss) for the period | 9904 | €21,518 | €19,192 | -€2,326 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,518 | €19,192 | -€2,326 | -10.8% |
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 21 October 2026 via checked.be.