Tuvima Consulting: 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.
Tuvima Consulting
Largest movements
- Cash +€57,640
up €57,640 (+127%), from €45,422 to €103,062
mainly Net result for the year (+€49,273) and Receivables within one year (+€16,753)
- Receivables within one year -€16,753
down €16,753 (-100%), from €16,753 to €0
- Reserves +€76,033
new in 2025: €76,033
- Profit (loss) carried forward -€26,760
down €26,760 (-100%), from €26,760 to €0
- Advances received -€11,495
down €11,495 (-100%), from €11,495 to €0
- Tax, wage and social debts +€1,621
up €1,621 (+9.2%), from €17,711 to €19,332
- Trade debts +€1,047
new in 2025: €1,047
- Gross operating margin +€28,573
up €28,573 (+83.9%), from €34,054 to €62,627
- Taxes +€6,002
up €6,002 (+86.2%), from €6,963 to €12,965
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 | €64,085 | €104,314 | +€40,229 | +62.8% |
| Fixed assets | 21/28 | €1,629 | €971 | -€658 | -40.4% |
| Tangible fixed assets | 22/27 | €1,629 | €971 | -€658 | -40.4% |
| Plant, machinery and equipment | 23 | €1,629 | €971 | -€658 | -40.4% |
| Current assets | 29/58 | €62,456 | €103,343 | +€40,887 | +65.5% |
| Amounts receivable within one year | 40/41 | €16,753 | €0 | -€16,753 | -100% |
| Trade receivables | 40 | €16,753 | €0 | -€16,753 | -100% |
| Cash at bank and in hand | 54/58 | €45,422 | €103,062 | +€57,640 | +127% |
| Deferred charges and accrued income | 490/1 | €281 | €281 | = | 0.0% |
| Total equity and liabilities | 10/49 | €64,085 | €104,314 | +€40,229 | +62.8% |
| Equity | 10/15 | €33,260 | €82,533 | +€49,273 | +148% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | - | €76,033 | +€76,033 | |
| Distributable reserves | 133 | - | €76,033 | +€76,033 | |
| Profit (loss) carried forward | 14 | €26,760 | €0 | -€26,760 | -100% |
| Amounts payable | 17/49 | €30,825 | €21,781 | -€9,044 | -29.3% |
| Amounts payable within one year | 42/48 | €30,608 | €21,781 | -€8,827 | -28.8% |
| Trade debts | 44 | - | €1,047 | +€1,047 | |
| Suppliers | 440/4 | - | €1,047 | +€1,047 | |
| Advances received on contracts in progress | 46 | €11,495 | €0 | -€11,495 | -100% |
| Taxes, remuneration and social security | 45 | €17,711 | €19,332 | +€1,621 | +9.2% |
| Taxes | 450/3 | €17,711 | €19,332 | +€1,621 | +9.2% |
| Other amounts payable | 47/48 | €1,402 | €1,402 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €217 | €0 | -€217 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €344 | €658 | +€314 | +91.2% |
| Gross operating margin | 9900 | €34,054 | €62,627 | +€28,573 | +83.9% |
| Operating profit (loss) | 9901 | €33,710 | €61,969 | +€28,259 | +83.8% |
| Financial income | 75/76B | €13 | €383 | +€370 | +2,868% |
| Recurring financial income | 75 | €13 | €383 | +€370 | +2,868% |
| Financial charges | 65/66B | €0 | €115 | +€115 | +1,148,800% |
| Recurring financial charges | 65 | €0 | €115 | +€115 | +1,148,800% |
| Profit (loss) for the period before taxes | 9903 | €33,723 | €62,238 | +€28,515 | +84.6% |
| Income taxes | 67/77 | €6,963 | €12,965 | +€6,002 | +86.2% |
| Profit (loss) for the period | 9904 | €26,760 | €49,273 | +€22,512 | +84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,760 | €49,273 | +€22,512 | +84.1% |
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 24 October 2026 via checked.be.