TUURBO: 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.
TUURBO
Largest movements
- Stocks and contracts -€382,268
down €382,268 (-100%), from €382,268 to €0
- Cash +€297,326
up €297,326 (+7,812%), from €3,806 to €301,132
mainly Stocks and contracts (+€382,268) and Depreciation (+€14,135)
- Tangible fixed assets -€14,135
down €14,135 (-6.8%), from €207,711 to €193,576
- Debts after one year -€122,523
down €122,523 (-28.8%), from €425,255 to €302,732
of which Other amounts payable: -€115,000
- Trade debts +€10,696
up €10,696 (+344%), from €3,108 to €13,804
- Short-term financial debts +€8,800
up €8,800 (+54.7%), from €16,100 to €24,900
- Financial charges +€4,140
up €4,140 (+70.2%), from €5,895 to €10,035
- Other operating charges -€1,090
down €1,090 (-22.5%), from €4,845 to €3,755
- Taxes -€964
down €964 (-30.1%), from €3,204 to €2,240
- Depreciation +€561
up €561 (+4.1%), from €13,575 to €14,135
- Gross operating margin +€436
up €436 (+1.3%), from €34,530 to €34,966
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 | €600,581 | €502,468 | -€98,114 | -16.3% |
| Fixed assets | 21/28 | €207,711 | €193,576 | -€14,135 | -6.8% |
| Tangible fixed assets | 22/27 | €207,711 | €193,576 | -€14,135 | -6.8% |
| Land and buildings | 22 | €207,711 | €193,576 | -€14,135 | -6.8% |
| Current assets | 29/58 | €392,870 | €308,892 | -€83,978 | -21.4% |
| Stocks and contracts in progress | 3 | €382,268 | €0 | -€382,268 | -100% |
| Stocks | 30/36 | €382,268 | €0 | -€382,268 | -100% |
| Amounts receivable within one year | 40/41 | €6,796 | €7,760 | +€964 | +14.2% |
| Other amounts receivable | 41 | €6,796 | €7,760 | +€964 | +14.2% |
| Cash at bank and in hand | 54/58 | €3,806 | €301,132 | +€297,326 | +7,812% |
| Total equity and liabilities | 10/49 | €600,581 | €502,468 | -€98,114 | -16.3% |
| Equity | 10/15 | €123,174 | €127,974 | +€4,801 | +3.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €61,201 | €66,001 | +€4,801 | +7.8% |
| Non-distributable reserves | 130/1 | €2,693 | €2,693 | = | 0.0% |
| Legal reserve | 130 | €2,693 | €2,693 | = | 0.0% |
| Distributable reserves | 133 | €58,508 | €63,308 | +€4,801 | +8.2% |
| Amounts payable | 17/49 | €477,407 | €374,493 | -€102,914 | -21.6% |
| Amounts payable after more than one year | 17 | €425,255 | €302,732 | -€122,523 | -28.8% |
| Financial debts | 170/4 | €48,255 | €40,732 | -€7,523 | -15.6% |
| Other amounts payable | 178/9 | €377,000 | €262,000 | -€115,000 | -30.5% |
| Amounts payable within one year | 42/48 | €52,153 | €71,761 | +€19,609 | +37.6% |
| Current portion of amounts payable after more than one year | 42 | €7,410 | €7,523 | +€113 | +1.5% |
| Financial debts | 43 | €16,100 | €24,900 | +€8,800 | +54.7% |
| Other loans | 439 | €16,100 | €24,900 | +€8,800 | +54.7% |
| Trade debts | 44 | €3,108 | €13,804 | +€10,696 | +344% |
| Suppliers | 440/4 | €3,108 | €13,804 | +€10,696 | +344% |
| Other amounts payable | 47/48 | €25,534 | €25,534 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,575 | €14,135 | +€561 | +4.1% |
| Other operating charges | 640/8 | €4,845 | €3,755 | -€1,090 | -22.5% |
| Gross operating margin | 9900 | €34,530 | €34,966 | +€436 | +1.3% |
| Operating profit (loss) | 9901 | €16,110 | €17,076 | +€965 | +6.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,895 | €10,035 | +€4,140 | +70.2% |
| Recurring financial charges | 65 | €5,895 | €10,035 | +€4,140 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €10,215 | €7,041 | -€3,174 | -31.1% |
| Income taxes | 67/77 | €3,204 | €2,240 | -€964 | -30.1% |
| Profit (loss) for the period | 9904 | €7,011 | €4,801 | -€2,211 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,011 | €4,801 | -€2,211 | -31.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.