GROEP TITECA: 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.
GROEP TITECA
Largest movements
- Stocks and contracts -€351,759
down €351,759 (-84.9%), from €414,289 to €62,530
- Cash +€243,606
up €243,606 (+718.8%), from €33,890 to €277,496
mainly Stocks and contracts (+€351,759) and Accrued charges and deferred income (+€315,651)
- Receivables within one year +€136,107
up €136,107 (+357.9%), from €38,025 to €174,132
of which Trade receivables: +€104,020
- Other debts -€426,833
down €426,833 (-100.0%), from €426,833 to €0
- Accrued charges and deferred income +€315,651
new in 2025: €315,651
- Profit (loss) carried forward +€94,700
up €94,700, from -€94,700 to €0
- Trade debts -€74,902
down €74,902 (-49.8%), from €150,305 to €75,404
- Reserves +€69,735
new in 2025: €69,735
- Gross operating margin +€282,514
up €282,514, from -€83,354 to €199,160
- Taxes +€23,336
new in 2025: €23,336
- Financial charges +€5,741
up €5,741 (+5353.3%), from €107 to €5,849
- Financial income +€3,561
up €3,561 (+1515.0%), from €235 to €3,796
- Staff costs -€3,370
down €3,370 (-47.3%), from €7,125 to €3,755
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.
Cash bridge derived
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 | €490,614 | €517,214 | +€26,600 | +5.4% |
| Fixed assets | 21/28 | €1,271 | €961 | -€310 | -24.4% |
| Tangible fixed assets | 22/27 | €1,271 | €961 | -€310 | -24.4% |
| Furniture and vehicles | 24 | €1,271 | €961 | -€310 | -24.4% |
| Current assets | 29/58 | €489,343 | €516,253 | +€26,910 | +5.5% |
| Stocks and contracts in progress | 3 | €414,289 | €62,530 | -€351,759 | -84.9% |
| Stocks | 30/36 | €414,289 | €62,530 | -€351,759 | -84.9% |
| Amounts receivable within one year | 40/41 | €38,025 | €174,132 | +€136,107 | +357.9% |
| Trade receivables | 40 | €7,806 | €111,826 | +€104,020 | +1332.6% |
| Other amounts receivable | 41 | €30,219 | €62,307 | +€32,087 | +106.2% |
| Cash at bank and in hand | 54/58 | €33,890 | €277,496 | +€243,606 | +718.8% |
| Deferred charges and accrued income | 490/1 | €3,139 | €2,095 | -€1,044 | -33.3% |
| Total equity and liabilities | 10/49 | €490,614 | €517,214 | +€26,600 | +5.4% |
| Equity | 10/15 | -€89,700 | €74,735 | +€164,435 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €69,735 | +€69,735 | |
| Distributable reserves | 133 | - | €69,735 | +€69,735 | |
| Profit (loss) carried forward | 14 | -€94,700 | €0 | +€94,700 | |
| Amounts payable | 17/49 | €580,314 | €442,479 | -€137,835 | -23.8% |
| Amounts payable within one year | 42/48 | €580,314 | €126,828 | -€453,486 | -78.1% |
| Trade debts | 44 | €150,305 | €75,404 | -€74,902 | -49.8% |
| Suppliers | 440/4 | €150,305 | €75,404 | -€74,902 | -49.8% |
| Taxes, remuneration and social security | 45 | €3,176 | €51,424 | +€48,249 | +1519.4% |
| Taxes | 450/3 | €2,046 | €51,424 | +€49,378 | +2413.4% |
| Remuneration and social security | 454/9 | €1,130 | €0 | -€1,130 | -100.0% |
| Other amounts payable | 47/48 | €426,833 | €0 | -€426,833 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €315,651 | +€315,651 | |
| Remuneration, social security and pensions | 62 | €7,125 | €3,755 | -€3,370 | -47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €310 | -€1,222 | -79.8% |
| Other operating charges | 640/8 | €2,817 | €5,272 | +€2,454 | +87.1% |
| Gross operating margin | 9900 | -€83,354 | €199,160 | +€282,514 | |
| Operating profit (loss) | 9901 | -€94,828 | €189,824 | +€284,652 | |
| Financial income | 75/76B | €235 | €3,796 | +€3,561 | +1515.0% |
| Recurring financial income | 75 | €235 | €3,796 | +€3,561 | +1515.0% |
| Financial charges | 65/66B | €107 | €5,849 | +€5,741 | +5353.3% |
| Recurring financial charges | 65 | €107 | €5,849 | +€5,741 | +5353.3% |
| Profit (loss) for the period before taxes | 9903 | -€94,700 | €187,771 | +€282,471 | |
| Income taxes | 67/77 | - | €23,336 | +€23,336 | |
| Profit (loss) for the period | 9904 | -€94,700 | €164,435 | +€259,135 | |
| Profit (loss) for the period to be appropriated | 9905 | -€94,700 | €164,435 | +€259,135 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.