Ferme TILKIN - TITS: what changed
What changed
Ferme TILKIN - TITS
NACE 01.500, Mixed farming
filed annual accounts (NBB)
Net result for the year
€190,254
2024 · €1,696+€188,558
Equity
€1.3m
2024 · €1.1m+€190,254
Cash
€114,268
2024 · €104,011+€10,257
Balance sheet total
€2.8m
2024 · €2.7m+€109,513
Largest movements
Assets
- Stocks and contracts +€195,237
up €195,237 (+20.6%), from €947,343 to €1.1m
- Tangible fixed assets -€75,647
down €75,647 (-5.7%), from €1.3m to €1.2m
of which Furniture and vehicles: -€65,475
Equity and liabilities
- Profit (loss) carried forward +€190,254
up €190,254 (+94.6%), from -€201,009 to -€10,755
- Debts after one year -€59,796
down €59,796 (-13.6%), from €439,958 to €380,162
Income statement
- Turnover +€223,283
up €223,283 (+21.7%), from €1.0m to €1.3m
- Gross operating margin +€159,064
up €159,064 (+61.8%), from €257,323 to €416,387
- Purchases and services +€54,220
up €54,220 (+7.0%), from €773,082 to €827,301
- Depreciation -€33,553
down €33,553 (-13.9%), from €240,674 to €207,121
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.
Result 2024
€1,696
Gross operating margin
+€159,064
Depreciation
+€33,553
Other operating charges
+€31
Financial income
-€1
Financial charges
-€4,457
Taxes
+€368
Result 2025
€190,254
raises the resultlowers the result
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.
From operations
+€205,645
Investment
-€131,474
Financing
-€63,914
Cash 2024
€104,011
From operations (derived)
+€205,645
Net result for the year
+€190,254
Depreciation
+€207,121
Stocks and contracts
-€195,237
Receivables within one year
+€20,729
Deferred charges and accrued income
-€396
Trade debts
-€11,936
Tax, wage and social debts
+€2,293
Other debts
-€15,349
Accrued charges and deferred income
+€8,165
Investment (derived)
-€131,474
Investment in fixed assets (net)
-€131,474
Financing
-€63,914
Debts after one year
-€59,796
Current portion of long-term debt
-€4,118
Cash 2025
€114,268
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,682,626 | €2,792,139 | +€109,513 | +4.1% |
| Fixed assets | 21/28 | €1,333,265 | €1,257,618 | -€75,647 | -5.7% |
| Tangible fixed assets | 22/27 | €1,317,206 | €1,241,559 | -€75,647 | -5.7% |
| Land and buildings | 22 | €839,690 | €869,260 | +€29,570 | +3.5% |
| Plant, machinery and equipment | 23 | €193,816 | €154,073 | -€39,742 | -20.5% |
| Furniture and vehicles | 24 | €283,700 | €218,226 | -€65,475 | -23.1% |
| Financial fixed assets | 28 | €16,059 | €16,059 | = | 0.0% |
| Current assets | 29/58 | €1,349,361 | €1,534,521 | +€185,160 | +13.7% |
| Stocks and contracts in progress | 3 | €947,343 | €1,142,580 | +€195,237 | +20.6% |
| Stocks | 30/36 | €947,343 | €1,142,580 | +€195,237 | +20.6% |
| Amounts receivable within one year | 40/41 | €279,396 | €258,666 | -€20,729 | -7.4% |
| Trade receivables | 40 | €259,608 | €258,666 | -€941 | -0.4% |
| Other amounts receivable | 41 | €19,788 | - | -€19,788 | |
| Cash at bank and in hand | 54/58 | €104,011 | €114,268 | +€10,257 | +9.9% |
| Deferred charges and accrued income | 490/1 | €18,611 | €19,007 | +€396 | +2.1% |
| Total equity and liabilities | 10/49 | €2,682,626 | €2,792,139 | +€109,513 | +4.1% |
| Equity | 10/15 | €1,072,717 | €1,262,970 | +€190,254 | +17.7% |
| Contributions | 10/11 | €1,273,726 | €1,273,726 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,009 | -€10,755 | +€190,254 | +94.6% |
| Amounts payable | 17/49 | €1,609,910 | €1,529,169 | -€80,741 | -5.0% |
| Amounts payable after more than one year | 17 | €439,958 | €380,162 | -€59,796 | -13.6% |
| Financial debts | 170/4 | €439,958 | €380,162 | -€59,796 | -13.6% |
| Amounts payable within one year | 42/48 | €1,144,945 | €1,115,835 | -€29,110 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €121,849 | €117,731 | -€4,118 | -3.4% |
| Trade debts | 44 | €63,680 | €51,744 | -€11,936 | -18.7% |
| Suppliers | 440/4 | €63,680 | €51,744 | -€11,936 | -18.7% |
| Taxes, remuneration and social security | 45 | - | €2,293 | +€2,293 | |
| Taxes | 450/3 | - | €2,293 | +€2,293 | |
| Other amounts payable | 47/48 | €959,416 | €944,066 | -€15,349 | -1.6% |
| Accrued charges and deferred income | 492/3 | €25,007 | €33,172 | +€8,165 | +32.7% |
| Turnover | 70 | €1,030,405 | €1,253,688 | +€223,283 | +21.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €773,082 | €827,301 | +€54,220 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240,674 | €207,121 | -€33,553 | -13.9% |
| Other operating charges | 640/8 | €3,639 | €3,607 | -€31 | -0.9% |
| Gross operating margin | 9900 | €257,323 | €416,387 | +€159,064 | +61.8% |
| Operating profit (loss) | 9901 | €13,010 | €205,658 | +€192,648 | +1,481% |
| Financial income | 75/76B | €216 | €215 | -€1 | -0.6% |
| Recurring financial income | 75 | €216 | €215 | -€1 | -0.6% |
| Financial charges | 65/66B | €11,214 | €15,671 | +€4,457 | +39.7% |
| Recurring financial charges | 65 | €11,214 | €15,671 | +€4,457 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €2,012 | €190,202 | +€188,190 | +9,354% |
| Income taxes | 67/77 | €316 | -€52 | -€368 | |
| Profit (loss) for the period | 9904 | €1,696 | €190,254 | +€188,558 | +11,118% |
| Profit (loss) for the period to be appropriated | 9905 | €1,696 | €190,254 | +€188,558 | +11,118% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.