TUR CONSTRUCT: what changed
TUR CONSTRUCT
Largest movements
- Cash +€5,865
up €5,865 (+33.8%), from €17,334 to €23,199
mainly Net result for the year (+€4,409) and Receivables within one year (+€2,788)
- Receivables within one year -€2,788
down €2,788 (-45.8%), from €6,093 to €3,305
of which Trade receivables: -€2,106
- Deferred charges and accrued income -€950
no longer reported in 2025 (was €950)
- Tangible fixed assets -€645
down €645 (-65.5%), from €984 to €339
of which Furniture and vehicles: -€545
- Profit (loss) carried forward +€4,409
up €4,409 (+27.8%), from €15,860 to €20,269
- Tax, wage and social debts -€3,038
down €3,038 (-35.7%), from €8,501 to €5,463
of which Remuneration and social security: -€3,705
- Depreciation -€2,346
down €2,346 (-78.4%), from €2,991 to €645
- Gross operating margin +€1,772
up €1,772 (+21.4%), from €8,293 to €10,065
- Financial charges +€1,290
up €1,290 (+55.0%), from €2,343 to €3,633
- Taxes +€667
up €667 (+119%), from €562 to €1,229
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,361 | €26,843 | +€1,482 | +5.8% |
| Fixed assets | 21/28 | €984 | €339 | -€645 | -65.5% |
| Tangible fixed assets | 22/27 | €984 | €339 | -€645 | -65.5% |
| Plant, machinery and equipment | 23 | €173 | €73 | -€101 | -57.9% |
| Furniture and vehicles | 24 | €811 | €266 | -€545 | -67.2% |
| Current assets | 29/58 | €24,377 | €26,504 | +€2,127 | +8.7% |
| Amounts receivable within one year | 40/41 | €6,093 | €3,305 | -€2,788 | -45.8% |
| Trade receivables | 40 | €4,746 | €2,640 | -€2,106 | -44.4% |
| Other amounts receivable | 41 | €1,347 | €665 | -€682 | -50.6% |
| Cash at bank and in hand | 54/58 | €17,334 | €23,199 | +€5,865 | +33.8% |
| Deferred charges and accrued income | 490/1 | €950 | - | -€950 | |
| Total equity and liabilities | 10/49 | €25,361 | €26,843 | +€1,482 | +5.8% |
| Equity | 10/15 | €16,860 | €21,269 | +€4,409 | +26.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,860 | €20,269 | +€4,409 | +27.8% |
| Amounts payable | 17/49 | €8,501 | €5,574 | -€2,927 | -34.4% |
| Amounts payable within one year | 42/48 | €8,501 | €5,574 | -€2,927 | -34.4% |
| Trade debts | 44 | - | €111 | +€111 | |
| Suppliers | 440/4 | - | €111 | +€111 | |
| Taxes, remuneration and social security | 45 | €8,501 | €5,463 | -€3,038 | -35.7% |
| Taxes | 450/3 | €562 | €1,229 | +€667 | +119% |
| Remuneration and social security | 454/9 | €7,939 | €4,234 | -€3,705 | -46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,991 | €645 | -€2,346 | -78.4% |
| Other operating charges | 640/8 | €207 | €149 | -€58 | -28.1% |
| Gross operating margin | 9900 | €8,293 | €10,065 | +€1,772 | +21.4% |
| Operating profit (loss) | 9901 | €5,096 | €9,271 | +€4,175 | +81.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,343 | €3,633 | +€1,290 | +55.0% |
| Recurring financial charges | 65 | €2,343 | €3,633 | +€1,290 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | €2,752 | €5,638 | +€2,886 | +105% |
| Income taxes | 67/77 | €562 | €1,229 | +€667 | +119% |
| Profit (loss) for the period | 9904 | €2,190 | €4,409 | +€2,219 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €2,190 | €4,409 | +€2,219 | +101% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.