TUURELUUR: 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.
TUURELUUR
Largest movements
- Tangible fixed assets -€27,017
down €27,017 (-9.6%), from €281,149 to €254,132
of which Land and buildings: -€18,486
- Cash +€9,502
up €9,502 (+59.0%), from €16,109 to €25,611
mainly Debts after one year (+€72,004) and Current portion of long-term debt (+€31,565)
- Debts after one year +€72,004
up €72,004 (+45.5%), from €158,198 to €230,202
- Short-term financial debts -€69,954
no longer reported in 2024 (was €69,954)
- Current portion of long-term debt +€31,565
up €31,565 (+147%), from €21,431 to €52,996
- Profit (loss) carried forward -€23,653
down €23,653 (-356%), from -€6,640 to -€30,293
- Trade debts -€23,109
down €23,109 (-16.4%), from €140,880 to €117,771
- Gross operating margin +€10,415
up €10,415 (+15.8%), from €65,973 to €76,388
- Financial charges +€7,822
up €7,822 (+86.4%), from €9,052 to €16,874
- Other operating charges +€5,098
up €5,098 (+509%), from €1,001 to €6,099
- Staff costs -€4,489
down €4,489 (-8.3%), from €54,039 to €49,550
- Taxes -€2,378
down €2,378 (-92.3%), from €2,577 to €199
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,428 | €519,848 | -€16,580 | -3.1% |
| Fixed assets | 21/28 | €285,115 | €257,098 | -€28,017 | -9.8% |
| Intangible fixed assets | 21 | €3,966 | €2,966 | -€1,000 | -25.2% |
| Tangible fixed assets | 22/27 | €281,149 | €254,132 | -€27,017 | -9.6% |
| Land and buildings | 22 | €250,391 | €231,905 | -€18,486 | -7.4% |
| Plant, machinery and equipment | 23 | €28,128 | €19,951 | -€8,177 | -29.1% |
| Furniture and vehicles | 24 | €2,630 | €2,276 | -€354 | -13.5% |
| Current assets | 29/58 | €251,313 | €262,750 | +€11,437 | +4.6% |
| Stocks and contracts in progress | 3 | €190,680 | €189,682 | -€998 | -0.5% |
| Stocks | 30/36 | €190,680 | €189,682 | -€998 | -0.5% |
| Amounts receivable within one year | 40/41 | €44,524 | €47,457 | +€2,933 | +6.6% |
| Trade receivables | 40 | €1,851 | - | -€1,851 | |
| Other amounts receivable | 41 | €42,673 | €47,457 | +€4,784 | +11.2% |
| Cash at bank and in hand | 54/58 | €16,109 | €25,611 | +€9,502 | +59.0% |
| Total equity and liabilities | 10/49 | €536,428 | €519,848 | -€16,580 | -3.1% |
| Equity | 10/15 | €61,882 | €37,531 | -€24,351 | -39.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €62,322 | €61,624 | -€698 | -1.1% |
| Non-distributable reserves | 130/1 | €698 | - | -€698 | |
| Reserves not available under the articles | 1311 | €698 | - | -€698 | |
| Distributable reserves | 133 | €61,624 | €61,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,640 | -€30,293 | -€23,653 | -356% |
| Amounts payable | 17/49 | €474,546 | €482,317 | +€7,771 | +1.6% |
| Amounts payable after more than one year | 17 | €158,198 | €230,202 | +€72,004 | +45.5% |
| Financial debts | 170/4 | €158,198 | €230,202 | +€72,004 | +45.5% |
| Amounts payable within one year | 42/48 | €316,233 | €250,773 | -€65,460 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €21,431 | €52,996 | +€31,565 | +147% |
| Financial debts | 43 | €69,954 | - | -€69,954 | |
| Credit institutions | 430/8 | €69,954 | - | -€69,954 | |
| Trade debts | 44 | €140,880 | €117,771 | -€23,109 | -16.4% |
| Suppliers | 440/4 | €140,880 | €117,771 | -€23,109 | -16.4% |
| Taxes, remuneration and social security | 45 | €51,230 | €47,218 | -€4,012 | -7.8% |
| Taxes | 450/3 | €39,603 | €41,584 | +€1,981 | +5.0% |
| Remuneration and social security | 454/9 | €11,627 | €5,634 | -€5,993 | -51.5% |
| Other amounts payable | 47/48 | €32,738 | €32,788 | +€50 | +0.2% |
| Accrued charges and deferred income | 492/3 | €115 | €1,342 | +€1,227 | +1,067% |
| Remuneration, social security and pensions | 62 | €54,039 | €49,550 | -€4,489 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,017 | €28,017 | = | 0.0% |
| Other operating charges | 640/8 | €1,001 | €6,099 | +€5,098 | +509% |
| Gross operating margin | 9900 | €65,973 | €76,388 | +€10,415 | +15.8% |
| Operating profit (loss) | 9901 | -€17,084 | -€7,278 | +€9,806 | +57.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €9,052 | €16,874 | +€7,822 | +86.4% |
| Recurring financial charges | 65 | €9,052 | €16,874 | +€7,822 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,135 | -€24,152 | +€1,983 | +7.6% |
| Income taxes | 67/77 | €2,577 | €199 | -€2,378 | -92.3% |
| Profit (loss) for the period | 9904 | -€28,712 | -€24,351 | +€4,361 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,712 | -€24,351 | +€4,361 | +15.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.