TUYMANS: 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.
TUYMANS
Largest movements
- Cash +€353,200
up €353,200 (+47.8%), from €738,503 to €1.1m
mainly Net result for the year (+€376,348) and Tax, wage and social debts (+€93,275)
- Receivables within one year +€78,865
up €78,865 (+15.9%), from €495,463 to €574,328
of which Trade receivables: +€83,585
- Reserves +€376,348
up €376,348 (+25.5%), from €1.5m to €1.9m
of which Distributable reserves: +€376,348
- Tax, wage and social debts +€93,275
up €93,275 (+99.9%), from €93,410 to €186,685
of which Taxes: +€86,522
- Trade debts -€28,581
down €28,581 (-21.2%), from €134,714 to €106,133
- Gross operating margin +€65,806
up €65,806 (+11.0%), from €596,157 to €661,963
- Turnover +€64,796
up €64,796 (+5.6%), from €1.2m to €1.2m
- Taxes +€40,343
up €40,343 (+29.6%), from €136,220 to €176,563
- Staff costs +€18,812
up €18,812 (+19.4%), from €97,077 to €115,889
- Write-downs -€14,141
down €14,141 (-85.0%), from €16,627 to €2,486
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 | €1,917,058 | €2,364,705 | +€447,647 | +23.4% |
| Fixed assets | 21/28 | €7,144 | €4,849 | -€2,295 | -32.1% |
| Tangible fixed assets | 22/27 | €7,144 | €4,849 | -€2,295 | -32.1% |
| Furniture and vehicles | 24 | €7,144 | €4,849 | -€2,295 | -32.1% |
| Current assets | 29/58 | €1,909,913 | €2,359,855 | +€449,942 | +23.6% |
| Amounts receivable within one year | 40/41 | €495,463 | €574,328 | +€78,865 | +15.9% |
| Trade receivables | 40 | €482,225 | €565,811 | +€83,585 | +17.3% |
| Other amounts receivable | 41 | €13,238 | €8,517 | -€4,720 | -35.7% |
| Current investments | 50/53 | €675,948 | €693,825 | +€17,877 | +2.6% |
| Cash at bank and in hand | 54/58 | €738,503 | €1,091,703 | +€353,200 | +47.8% |
| Total equity and liabilities | 10/49 | €1,917,058 | €2,364,705 | +€447,647 | +23.4% |
| Equity | 10/15 | €1,541,122 | €1,917,470 | +€376,348 | +24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,476,320 | €1,852,668 | +€376,348 | +25.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €168,400 | €168,400 | = | 0.0% |
| Distributable reserves | 133 | €1,306,060 | €1,682,408 | +€376,348 | +28.8% |
| Profit (loss) carried forward | 14 | €46,202 | €46,202 | = | 0.0% |
| Amounts payable | 17/49 | €375,936 | €447,235 | +€71,299 | +19.0% |
| Amounts payable within one year | 42/48 | €375,936 | €447,235 | +€71,299 | +19.0% |
| Trade debts | 44 | €134,714 | €106,133 | -€28,581 | -21.2% |
| Suppliers | 440/4 | €134,714 | €106,133 | -€28,581 | -21.2% |
| Taxes, remuneration and social security | 45 | €93,410 | €186,685 | +€93,275 | +99.9% |
| Taxes | 450/3 | €76,261 | €162,783 | +€86,522 | +113% |
| Remuneration and social security | 454/9 | €17,148 | €23,901 | +€6,753 | +39.4% |
| Other amounts payable | 47/48 | €147,812 | €154,418 | +€6,606 | +4.5% |
| Turnover | 70 | €1,159,610 | €1,224,406 | +€64,796 | +5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €566,009 | €563,369 | -€2,640 | -0.5% |
| Remuneration, social security and pensions | 62 | €97,077 | €115,889 | +€18,812 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,283 | €2,790 | +€506 | +22.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,627 | €2,486 | -€14,141 | -85.0% |
| Other operating charges | 640/8 | €6,294 | €3,181 | -€3,113 | -49.5% |
| Gross operating margin | 9900 | €596,157 | €661,963 | +€65,806 | +11.0% |
| Operating profit (loss) | 9901 | €473,875 | €537,616 | +€63,741 | +13.5% |
| Financial income | 75/76B | €8,591 | €18,737 | +€10,146 | +118% |
| Recurring financial income | 75 | €8,591 | €18,737 | +€10,146 | +118% |
| Financial charges | 65/66B | €3,169 | €3,443 | +€273 | +8.6% |
| Recurring financial charges | 65 | €3,169 | €3,443 | +€273 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €479,296 | €552,911 | +€73,614 | +15.4% |
| Income taxes | 67/77 | €136,220 | €176,563 | +€40,343 | +29.6% |
| Profit (loss) for the period | 9904 | €343,077 | €376,348 | +€33,271 | +9.7% |
| Transfer to tax-exempt reserves | 689 | €168,400 | - | -€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €174,677 | €376,348 | +€201,671 | +115% |
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 15 October 2026 via checked.be.