TUYBENS: 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.
TUYBENS
Largest movements
- Tangible fixed assets -€51,870
down €51,870 (-14.9%), from €347,516 to €295,646
of which Land and buildings: -€29,365
- Cash -€9,701
down €9,701 (-38.7%), from €25,062 to €15,361
mainly Debts after one year (-€44,863) and Trade debts (-€17,027)
- Deferred charges and accrued income +€5,945
new in 2025: €5,945
- Debts after one year -€44,863
down €44,863 (-91.2%), from €49,210 to €4,347
- Trade debts -€17,027
down €17,027 (-88.0%), from €19,353 to €2,327
- Other debts -€11,733
down €11,733 (-16.0%), from €73,319 to €61,586
- Current portion of long-term debt +€11,587
up €11,587 (+54.7%), from €21,199 to €32,786
- Gross operating margin -€22,586
down €22,586 (-30.6%), from €73,743 to €51,157
- Financial income +€5,810
up €5,810 (+13,821%), from €42 to €5,853
- Taxes -€5,416
down €5,416 (-94.9%), from €5,708 to €292
- Financial charges -€3,380
down €3,380 (-66.7%), from €5,071 to €1,690
- Other operating charges -€3,027
down €3,027 (-74.0%), from €4,089 to €1,062
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 | €480,614 | €422,634 | -€57,981 | -12.1% |
| Fixed assets | 21/28 | €347,836 | €295,966 | -€51,870 | -14.9% |
| Tangible fixed assets | 22/27 | €347,516 | €295,646 | -€51,870 | -14.9% |
| Land and buildings | 22 | €295,191 | €265,826 | -€29,365 | -9.9% |
| Plant, machinery and equipment | 23 | €2,363 | €1,645 | -€718 | -30.4% |
| Furniture and vehicles | 24 | €49,962 | €28,176 | -€21,787 | -43.6% |
| Financial fixed assets | 28 | €320 | €320 | = | 0.0% |
| Current assets | 29/58 | €132,778 | €126,667 | -€6,111 | -4.6% |
| Amounts receivable within one year | 40/41 | €12,298 | €14,421 | +€2,123 | +17.3% |
| Trade receivables | 40 | €6,444 | €14,421 | +€7,977 | +124% |
| Other amounts receivable | 41 | €5,854 | - | -€5,854 | |
| Current investments | 50/53 | €95,419 | €90,940 | -€4,479 | -4.7% |
| Cash at bank and in hand | 54/58 | €25,062 | €15,361 | -€9,701 | -38.7% |
| Deferred charges and accrued income | 490/1 | - | €5,945 | +€5,945 | |
| Total equity and liabilities | 10/49 | €480,614 | €422,634 | -€57,981 | -12.1% |
| Equity | 10/15 | €284,083 | €285,345 | +€1,262 | +0.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €114,744 | €116,006 | +€1,262 | +1.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €112,885 | €114,147 | +€1,262 | +1.1% |
| Profit (loss) carried forward | 14 | €163,141 | €163,141 | = | 0.0% |
| Amounts payable | 17/49 | €196,531 | €137,289 | -€59,242 | -30.1% |
| Amounts payable after more than one year | 17 | €49,210 | €4,347 | -€44,863 | -91.2% |
| Financial debts | 170/4 | €49,210 | €4,347 | -€44,863 | -91.2% |
| Amounts payable within one year | 42/48 | €147,322 | €132,942 | -€14,380 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €21,199 | €32,786 | +€11,587 | +54.7% |
| Trade debts | 44 | €19,353 | €2,327 | -€17,027 | -88.0% |
| Suppliers | 440/4 | €19,353 | €2,327 | -€17,027 | -88.0% |
| Taxes, remuneration and social security | 45 | €33,450 | €36,244 | +€2,794 | +8.4% |
| Taxes | 450/3 | €33,450 | €36,244 | +€2,794 | +8.4% |
| Other amounts payable | 47/48 | €73,319 | €61,586 | -€11,733 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,378 | €51,870 | +€1,492 | +3.0% |
| Other operating charges | 640/8 | €4,089 | €1,062 | -€3,027 | -74.0% |
| Gross operating margin | 9900 | €73,743 | €51,157 | -€22,586 | -30.6% |
| Operating profit (loss) | 9901 | €19,276 | -€1,775 | -€21,052 | |
| Financial income | 75/76B | €42 | €5,853 | +€5,810 | +13,821% |
| Recurring financial income | 75 | €42 | €5,853 | +€5,810 | +13,821% |
| Financial charges | 65/66B | €5,071 | €1,690 | -€3,380 | -66.7% |
| Recurring financial charges | 65 | €5,071 | €1,690 | -€3,380 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €14,248 | €2,387 | -€11,861 | -83.2% |
| Income taxes | 67/77 | €5,708 | €292 | -€5,416 | -94.9% |
| Profit (loss) for the period | 9904 | €8,539 | €2,095 | -€6,445 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,539 | €2,095 | -€6,445 | -75.5% |
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 19 October 2026 via checked.be.