TUYTTENS: 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.
TUYTTENS
Largest movements
- Receivables after one year -€225,000
down €225,000 (-25.0%), from €900,000 to €675,000
- Cash -€39,298
down €39,298 (-32.1%), from €122,460 to €83,162
mainly Contributions, distributions and other (-€600,000) and Current portion of long-term debt (-€12,195)
- Tangible fixed assets -€18,587
down €18,587 (-66.0%), from €28,154 to €9,566
of which Furniture and vehicles: -€17,498
- Contributions -€600,000
down €600,000 (-70.6%), from €850,000 to €250,000
- Reserves +€211,269
up €211,269 (+73.8%), from €286,208 to €497,477
of which Distributable reserves: +€219,269
- Other debts +€75,836
up €75,836 (+542%), from €14,000 to €89,836
- Tax, wage and social debts +€46,015
up €46,015 (+1,000%), from €4,600 to €50,615
- Current portion of long-term debt -€12,195
down €12,195 (-66.4%), from €18,371 to €6,176
- Gross operating margin +€158,814
up €158,814 (+104%), from €152,284 to €311,098
- Taxes +€73,062
up €73,062 (+245%), from €29,817 to €102,879
- Depreciation -€37,864
down €37,864 (-67.1%), from €56,451 to €18,587
- Financial income +€8,052
up €8,052 (+30.9%), from €26,059 to €34,111
- Financial charges +€5,268
up €5,268 (+476%), from €1,108 to €6,376
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 | €1,181,566 | €906,189 | -€275,377 | -23.3% |
| Fixed assets | 21/28 | €28,154 | €9,566 | -€18,587 | -66.0% |
| Tangible fixed assets | 22/27 | €28,154 | €9,566 | -€18,587 | -66.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €4,512 | €3,422 | -€1,089 | -24.1% |
| Furniture and vehicles | 24 | €23,642 | €6,144 | -€17,498 | -74.0% |
| Current assets | 29/58 | €1,153,413 | €896,623 | -€256,790 | -22.3% |
| Amounts receivable after more than one year | 29 | €900,000 | €675,000 | -€225,000 | -25.0% |
| Other amounts receivable | 291 | €900,000 | €675,000 | -€225,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €130,025 | €134,713 | +€4,688 | +3.6% |
| Trade receivables | 40 | €80,347 | €83,736 | +€3,389 | +4.2% |
| Other amounts receivable | 41 | €49,678 | €50,977 | +€1,299 | +2.6% |
| Cash at bank and in hand | 54/58 | €122,460 | €83,162 | -€39,298 | -32.1% |
| Deferred charges and accrued income | 490/1 | €928 | €3,748 | +€2,820 | +304% |
| Total equity and liabilities | 10/49 | €1,181,566 | €906,189 | -€275,377 | -23.3% |
| Equity | 10/15 | €1,136,208 | €747,477 | -€388,731 | -34.2% |
| Contributions | 10/11 | €850,000 | €250,000 | -€600,000 | -70.6% |
| Capital | 10 | €850,000 | €250,000 | -€600,000 | -70.6% |
| Issued capital | 100 | €850,000 | €250,000 | -€600,000 | -70.6% |
| Reserves | 13 | €286,208 | €497,477 | +€211,269 | +73.8% |
| Non-distributable reserves | 130/1 | €33,234 | €25,234 | -€8,000 | -24.1% |
| Legal reserve | 130 | €33,000 | €25,000 | -€8,000 | -24.2% |
| Other | 1319 | €234 | €234 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,111 | €2,111 | = | 0.0% |
| Distributable reserves | 133 | €250,863 | €470,132 | +€219,269 | +87.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,358 | €158,712 | +€113,354 | +250% |
| Amounts payable after more than one year | 17 | €6,176 | €0 | -€6,176 | -100% |
| Financial debts | 170/4 | €6,176 | €0 | -€6,176 | -100% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €39,183 | €153,078 | +€113,895 | +291% |
| Current portion of amounts payable after more than one year | 42 | €18,371 | €6,176 | -€12,195 | -66.4% |
| Trade debts | 44 | €2,212 | €6,451 | +€4,240 | +192% |
| Suppliers | 440/4 | €2,212 | €6,451 | +€4,240 | +192% |
| Taxes, remuneration and social security | 45 | €4,600 | €50,615 | +€46,015 | +1,000% |
| Taxes | 450/3 | €4,600 | €50,615 | +€46,015 | +1,000% |
| Other amounts payable | 47/48 | €14,000 | €89,836 | +€75,836 | +542% |
| Accrued charges and deferred income | 492/3 | €0 | €5,634 | +€5,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,451 | €18,587 | -€37,864 | -67.1% |
| Other operating charges | 640/8 | €6,269 | €6,097 | -€172 | -2.7% |
| Gross operating margin | 9900 | €152,284 | €311,098 | +€158,814 | +104% |
| Operating profit (loss) | 9901 | €89,564 | €286,414 | +€196,850 | +220% |
| Financial income | 75/76B | €26,059 | €34,111 | +€8,052 | +30.9% |
| Recurring financial income | 75 | €26,059 | €34,111 | +€8,052 | +30.9% |
| Financial charges | 65/66B | €1,108 | €6,376 | +€5,268 | +476% |
| Recurring financial charges | 65 | €1,108 | €6,376 | +€5,268 | +476% |
| Profit (loss) for the period before taxes | 9903 | €114,515 | €314,148 | +€199,633 | +174% |
| Income taxes | 67/77 | €29,817 | €102,879 | +€73,062 | +245% |
| Profit (loss) for the period | 9904 | €84,698 | €211,269 | +€126,571 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €84,698 | €211,269 | +€126,571 | +149% |
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 1 November 2026 via checked.be.