Den Tyto: 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.
Den Tyto
Largest movements
- Receivables within one year +€7,833
up €7,833 (+73.2%), from €10,696 to €18,530
of which Trade receivables: +€9,724
- Cash +€4,361
up €4,361 (+55.5%), from €7,855 to €12,216
mainly Trade debts (+€5,548) and Depreciation (+€4,130)
- Stocks and contracts +€3,348
up €3,348 (+106%), from €3,151 to €6,499
- Tangible fixed assets -€3,333
down €3,333 (-36.3%), from €9,178 to €5,845
of which Plant, machinery and equipment: -€2,167
- Formation expenses -€797
down €797 (-100%), from €797 to €0
- Trade debts +€5,548
up €5,548 (+76.2%), from €7,276 to €12,824
- Tax, wage and social debts +€2,966
up €2,966 (+39.3%), from €7,555 to €10,521
of which Remuneration and social security: +€1,500
- Reserves +€2,485
up €2,485 (+17.4%), from €14,260 to €16,745
- Gross operating margin -€7,030
down €7,030 (-32.7%), from €21,480 to €14,450
- Depreciation +€3,048
up €3,048 (+281%), from €1,083 to €4,130
- Taxes +€1,203
up €1,203 (+25.3%), from €4,750 to €5,953
- Other operating charges +€694
up €694 (+45.2%), from €1,535 to €2,229
- Financial income +€280
up €280 (+130%), from €215 to €495
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 | €32,091 | €43,090 | +€10,999 | +34.3% |
| Formation expenses | 20 | €797 | €0 | -€797 | -100% |
| Fixed assets | 21/28 | €9,178 | €5,845 | -€3,333 | -36.3% |
| Tangible fixed assets | 22/27 | €9,178 | €5,845 | -€3,333 | -36.3% |
| Plant, machinery and equipment | 23 | €5,966 | €3,799 | -€2,167 | -36.3% |
| Furniture and vehicles | 24 | €3,212 | €2,046 | -€1,167 | -36.3% |
| Current assets | 29/58 | €22,116 | €37,245 | +€15,129 | +68.4% |
| Stocks and contracts in progress | 3 | €3,151 | €6,499 | +€3,348 | +106% |
| Stocks | 30/36 | €3,151 | €6,499 | +€3,348 | +106% |
| Amounts receivable within one year | 40/41 | €10,696 | €18,530 | +€7,833 | +73.2% |
| Trade receivables | 40 | - | €9,724 | +€9,724 | |
| Other amounts receivable | 41 | €10,696 | €8,806 | -€1,891 | -17.7% |
| Cash at bank and in hand | 54/58 | €7,855 | €12,216 | +€4,361 | +55.5% |
| Deferred charges and accrued income | 490/1 | €413 | €0 | -€413 | -100% |
| Total equity and liabilities | 10/49 | €32,091 | €43,090 | +€10,999 | +34.3% |
| Equity | 10/15 | €17,260 | €19,745 | +€2,485 | +14.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,260 | €16,745 | +€2,485 | +17.4% |
| Distributable reserves | 133 | €14,260 | €16,745 | +€2,485 | +17.4% |
| Amounts payable | 17/49 | €14,831 | €23,345 | +€8,514 | +57.4% |
| Amounts payable within one year | 42/48 | €14,831 | €23,345 | +€8,514 | +57.4% |
| Trade debts | 44 | €7,276 | €12,824 | +€5,548 | +76.2% |
| Suppliers | 440/4 | €7,276 | €12,824 | +€5,548 | +76.2% |
| Taxes, remuneration and social security | 45 | €7,555 | €10,521 | +€2,966 | +39.3% |
| Taxes | 450/3 | €7,555 | €9,021 | +€1,466 | +19.4% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | €4,130 | +€3,048 | +281% |
| Other operating charges | 640/8 | €1,535 | €2,229 | +€694 | +45.2% |
| Gross operating margin | 9900 | €21,480 | €14,450 | -€7,030 | -32.7% |
| Operating profit (loss) | 9901 | €18,862 | €8,091 | -€10,772 | -57.1% |
| Financial income | 75/76B | €215 | €495 | +€280 | +130% |
| Recurring financial income | 75 | €215 | €495 | +€280 | +130% |
| Financial charges | 65/66B | €67 | €147 | +€80 | +118% |
| Recurring financial charges | 65 | €67 | €147 | +€80 | +118% |
| Profit (loss) for the period before taxes | 9903 | €19,010 | €8,438 | -€10,571 | -55.6% |
| Income taxes | 67/77 | €4,750 | €5,953 | +€1,203 | +25.3% |
| Profit (loss) for the period | 9904 | €14,260 | €2,485 | -€11,775 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,260 | €2,485 | -€11,775 | -82.6% |
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.