Allo ! Titres-Services: 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.
Allo ! Titres-Services
Largest movements
- Tangible fixed assets +€125,464
up €125,464 (+172%), from €73,037 to €198,502
of which Other tangible fixed assets: +€148,153
- Receivables within one year +€54,138
up €54,138 (+56.5%), from €95,808 to €149,946
of which Trade receivables: +€42,196
- Cash -€40,067
down €40,067 (-19.8%), from €202,169 to €162,102
mainly Investment in fixed assets (net) (-€189,783) and Receivables within one year (-€54,138)
- Debts after one year +€139,504
up €139,504 (+1,615%), from €8,637 to €148,141
- Reserves -€29,960
down €29,960 (-21.6%), from €138,704 to €108,744
- Tax, wage and social debts +€29,067
up €29,067 (+16.2%), from €179,945 to €209,012
of which Remuneration and social security: +€29,567
- Current portion of long-term debt +€9,772
up €9,772 (+76.8%), from €12,724 to €22,496
- Trade debts -€6,382
down €6,382 (-29.6%), from €21,525 to €15,143
- Gross operating margin +€89,239
up €89,239 (+7.0%), from €1.3m to €1.4m
- Staff costs +€69,777
up €69,777 (+5.8%), from €1.2m to €1.3m
- Depreciation +€36,041
up €36,041 (+127%), from €28,277 to €64,319
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 | €382,543 | €524,100 | +€141,557 | +37.0% |
| Fixed assets | 21/28 | €73,616 | €199,081 | +€125,464 | +170% |
| Tangible fixed assets | 22/27 | €73,037 | €198,502 | +€125,464 | +172% |
| Plant, machinery and equipment | 23 | €2,691 | €1,623 | -€1,068 | -39.7% |
| Furniture and vehicles | 24 | €47,582 | €25,962 | -€21,621 | -45.4% |
| Other tangible fixed assets | 26 | €22,764 | €170,917 | +€148,153 | +651% |
| Financial fixed assets | 28 | €579 | €579 | = | 0.0% |
| Current assets | 29/58 | €308,927 | €325,019 | +€16,093 | +5.2% |
| Amounts receivable within one year | 40/41 | €95,808 | €149,946 | +€54,138 | +56.5% |
| Trade receivables | 40 | €93,750 | €135,946 | +€42,196 | +45.0% |
| Other amounts receivable | 41 | €2,058 | €14,000 | +€11,942 | +580% |
| Cash at bank and in hand | 54/58 | €202,169 | €162,102 | -€40,067 | -19.8% |
| Deferred charges and accrued income | 490/1 | €10,950 | €12,971 | +€2,021 | +18.5% |
| Total equity and liabilities | 10/49 | €382,543 | €524,100 | +€141,557 | +37.0% |
| Equity | 10/15 | €157,715 | €126,089 | -€31,626 | -20.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,704 | €108,744 | -€29,960 | -21.6% |
| Distributable reserves | 133 | €138,704 | €108,744 | -€29,960 | -21.6% |
| Profit (loss) carried forward | 14 | €6,611 | €4,945 | -€1,666 | -25.2% |
| Amounts payable | 17/49 | €224,828 | €398,011 | +€173,183 | +77.0% |
| Amounts payable after more than one year | 17 | €8,637 | €148,141 | +€139,504 | +1,615% |
| Financial debts | 170/4 | €8,637 | €148,141 | +€139,504 | +1,615% |
| Amounts payable within one year | 42/48 | €216,045 | €249,870 | +€33,825 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €12,724 | €22,496 | +€9,772 | +76.8% |
| Trade debts | 44 | €21,525 | €15,143 | -€6,382 | -29.6% |
| Suppliers | 440/4 | €21,525 | €15,143 | -€6,382 | -29.6% |
| Taxes, remuneration and social security | 45 | €179,945 | €209,012 | +€29,067 | +16.2% |
| Taxes | 450/3 | €6,537 | €6,037 | -€500 | -7.7% |
| Remuneration and social security | 454/9 | €173,408 | €202,975 | +€29,567 | +17.1% |
| Other amounts payable | 47/48 | €1,851 | €3,219 | +€1,368 | +73.9% |
| Accrued charges and deferred income | 492/3 | €146 | - | -€146 | |
| Remuneration, social security and pensions | 62 | €1,211,528 | €1,281,305 | +€69,777 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,277 | €64,319 | +€36,041 | +127% |
| Other operating charges | 640/8 | €1,729 | €1,899 | +€170 | +9.9% |
| Gross operating margin | 9900 | €1,283,177 | €1,372,415 | +€89,239 | +7.0% |
| Operating profit (loss) | 9901 | €41,643 | €24,893 | -€16,750 | -40.2% |
| Financial income | 75/76B | €598 | €830 | +€231 | +38.6% |
| Recurring financial income | 75 | €598 | €830 | +€231 | +38.6% |
| Financial charges | 65/66B | €736 | €712 | -€24 | -3.3% |
| Recurring financial charges | 65 | €736 | €712 | -€24 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €41,505 | €25,010 | -€16,495 | -39.7% |
| Income taxes | 67/77 | €13,392 | €9,070 | -€4,321 | -32.3% |
| Profit (loss) for the period | 9904 | €28,113 | €15,940 | -€12,174 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,113 | €15,940 | -€12,174 | -43.3% |
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 26 October 2026 via checked.be.