TUUK: 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.
TUUK
Largest movements
- Receivables within one year +€173,075
up €173,075 (+78.5%), from €220,422 to €393,497
of which Trade receivables: +€191,850
- Tangible fixed assets -€65,325
down €65,325 (-13.0%), from €502,964 to €437,639
of which Furniture and vehicles: -€63,176
- Deferred charges and accrued income -€17,302
down €17,302 (-85.1%), from €20,334 to €3,031
- Cash -€10,149
down €10,149 (-62.1%), from €16,350 to €6,201
mainly Receivables within one year (-€173,075) and Other debts (-€95,135)
- Reserves +€196,181
up €196,181 (+63.0%), from €311,590 to €507,772
of which Distributable reserves: +€196,181
- Other debts -€95,135
down €95,135 (-100%), from €95,135 to €0
- Advances received -€66,550
down €66,550 (-100%), from €66,550 to €0
- Tax, wage and social debts +€59,225
up €59,225 (+82.4%), from €71,871 to €131,096
- Debts after one year -€10,177
down €10,177 (-37.3%), from €27,295 to €17,118
- Gross operating margin +€134,819
up €134,819 (+55.2%), from €244,274 to €379,093
- Taxes +€40,257
up €40,257 (+56.0%), from €71,885 to €112,141
- Depreciation -€16,841
down €16,841 (-53.6%), from €31,438 to €14,597
- Other operating charges -€4,825
down €4,825 (-25.2%), from €19,146 to €14,321
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 | €760,070 | €840,369 | +€80,299 | +10.6% |
| Fixed assets | 21/28 | €502,964 | €437,639 | -€65,325 | -13.0% |
| Tangible fixed assets | 22/27 | €502,964 | €437,639 | -€65,325 | -13.0% |
| Land and buildings | 22 | €375,009 | €375,009 | = | 0.0% |
| Plant, machinery and equipment | 23 | €22,031 | €19,882 | -€2,149 | -9.8% |
| Furniture and vehicles | 24 | €105,925 | €42,749 | -€63,176 | -59.6% |
| Current assets | 29/58 | €257,106 | €402,729 | +€145,624 | +56.6% |
| Amounts receivable within one year | 40/41 | €220,422 | €393,497 | +€173,075 | +78.5% |
| Trade receivables | 40 | €172,550 | €364,400 | +€191,850 | +111% |
| Other amounts receivable | 41 | €47,872 | €29,097 | -€18,775 | -39.2% |
| Cash at bank and in hand | 54/58 | €16,350 | €6,201 | -€10,149 | -62.1% |
| Deferred charges and accrued income | 490/1 | €20,334 | €3,031 | -€17,302 | -85.1% |
| Total equity and liabilities | 10/49 | €760,070 | €840,369 | +€80,299 | +10.6% |
| Equity | 10/15 | €462,679 | €658,860 | +€196,181 | +42.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €311,590 | €507,772 | +€196,181 | +63.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €311,590 | €507,772 | +€196,181 | +63.0% |
| Profit (loss) carried forward | 14 | €132,497 | €132,497 | = | 0.0% |
| Amounts payable | 17/49 | €297,391 | €181,509 | -€115,882 | -39.0% |
| Amounts payable after more than one year | 17 | €27,295 | €17,118 | -€10,177 | -37.3% |
| Financial debts | 170/4 | €27,295 | €17,118 | -€10,177 | -37.3% |
| Amounts payable within one year | 42/48 | €270,096 | €164,391 | -€105,705 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €9,712 | €10,177 | +€465 | +4.8% |
| Trade debts | 44 | €26,828 | €23,118 | -€3,710 | -13.8% |
| Suppliers | 440/4 | €26,828 | €23,118 | -€3,710 | -13.8% |
| Advances received on contracts in progress | 46 | €66,550 | €0 | -€66,550 | -100% |
| Taxes, remuneration and social security | 45 | €71,871 | €131,096 | +€59,225 | +82.4% |
| Taxes | 450/3 | €71,871 | €131,096 | +€59,225 | +82.4% |
| Other amounts payable | 47/48 | €95,135 | €0 | -€95,135 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €5,987 | +€5,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,438 | €14,597 | -€16,841 | -53.6% |
| Other operating charges | 640/8 | €19,146 | €14,321 | -€4,825 | -25.2% |
| Non-recurring operating charges | 66A | €7,754 | €39,389 | +€31,636 | +408% |
| Gross operating margin | 9900 | €244,274 | €379,093 | +€134,819 | +55.2% |
| Operating profit (loss) | 9901 | €185,936 | €310,786 | +€124,850 | +67.1% |
| Financial income | 75/76B | €4,778 | €2,315 | -€2,462 | -51.5% |
| Recurring financial income | 75 | €4,778 | €2,315 | -€2,462 | -51.5% |
| Financial charges | 65/66B | €3,463 | €4,778 | +€1,315 | +38.0% |
| Recurring financial charges | 65 | €3,463 | €4,778 | +€1,315 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €187,250 | €308,322 | +€121,072 | +64.7% |
| Income taxes | 67/77 | €71,885 | €112,141 | +€40,257 | +56.0% |
| Profit (loss) for the period | 9904 | €115,365 | €196,181 | +€80,816 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €115,365 | €196,181 | +€80,816 | +70.1% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.