Résidence Tifra: 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.
Résidence Tifra
Largest movements
- Cash -€501,948
down €501,948 (-39.5%), from €1.3m to €768,945
mainly Contributions, distributions and other (-€535,871) and Trade debts (-€260,344)
- Receivables within one year -€113,746
down €113,746 (-23.5%), from €483,335 to €369,589
of which Trade receivables: -€145,130
- Tangible fixed assets -€85,945
down €85,945 (-13.8%), from €624,817 to €538,872
of which Other tangible fixed assets: -€43,814
- Current investments -€44,187
down €44,187 (-8.0%), from €550,000 to €505,813
- Reserves -€310,467
down €310,467 (-22.2%), from €1.4m to €1.1m
of which Distributable reserves: -€310,467
- Trade debts -€260,344
down €260,344 (-36.9%), from €704,647 to €444,303
of which Suppliers: -€270,344
- Accrued charges and deferred income -€77,922
no longer reported in 2025 (was €77,922)
- Debts after one year -€47,846
down €47,846 (-22.6%), from €211,484 to €163,639
- Current portion of long-term debt -€40,817
down €40,817 (-44.1%), from €92,480 to €51,663
- Staff costs +€2.5m
new in 2025: €2.5m
- Gross operating margin +€2.4m
up €2.4m (+605%), from €388,822 to €2.7m
- Taxes -€176,431
down €176,431, from €61,876 to -€114,554
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 | €3,308,850 | €2,550,678 | -€758,172 | -22.9% |
| Fixed assets | 21/28 | €1,004,623 | €906,332 | -€98,291 | -9.8% |
| Tangible fixed assets | 22/27 | €624,817 | €538,872 | -€85,945 | -13.8% |
| Furniture and vehicles | 24 | €112,309 | €74,357 | -€37,952 | -33.8% |
| Leasing and similar rights | 25 | €92,755 | €88,577 | -€4,179 | -4.5% |
| Other tangible fixed assets | 26 | €419,752 | €375,939 | -€43,814 | -10.4% |
| Financial fixed assets | 28 | €379,806 | €367,460 | -€12,347 | -3.3% |
| Current assets | 29/58 | €2,304,227 | €1,644,346 | -€659,881 | -28.6% |
| Amounts receivable within one year | 40/41 | €483,335 | €369,589 | -€113,746 | -23.5% |
| Trade receivables | 40 | €328,696 | €183,566 | -€145,130 | -44.2% |
| Other amounts receivable | 41 | €154,639 | €186,023 | +€31,384 | +20.3% |
| Current investments | 50/53 | €550,000 | €505,813 | -€44,187 | -8.0% |
| Cash at bank and in hand | 54/58 | €1,270,892 | €768,945 | -€501,948 | -39.5% |
| Total equity and liabilities | 10/49 | €3,308,850 | €2,550,678 | -€758,172 | -22.9% |
| Equity | 10/15 | €1,419,159 | €1,108,692 | -€310,467 | -21.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,400,429 | €1,089,962 | -€310,467 | -22.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,398,569 | €1,088,102 | -€310,467 | -22.2% |
| Profit (loss) carried forward | 14 | €130 | €130 | = | 0.0% |
| Amounts payable | 17/49 | €1,889,692 | €1,441,987 | -€447,705 | -23.7% |
| Amounts payable after more than one year | 17 | €211,484 | €163,639 | -€47,846 | -22.6% |
| Financial debts | 170/4 | €211,484 | €163,639 | -€47,846 | -22.6% |
| Amounts payable within one year | 42/48 | €1,600,285 | €1,278,348 | -€321,937 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €92,480 | €51,663 | -€40,817 | -44.1% |
| Trade debts | 44 | €704,647 | €444,303 | -€260,344 | -36.9% |
| Suppliers | 440/4 | €667,145 | €396,801 | -€270,344 | -40.5% |
| Bills of exchange payable | 441 | €37,502 | €47,502 | +€10,000 | +26.7% |
| Advances received on contracts in progress | 46 | €22,726 | €39,744 | +€17,018 | +74.9% |
| Taxes, remuneration and social security | 45 | €227,879 | €206,204 | -€21,675 | -9.5% |
| Taxes | 450/3 | €28,234 | - | -€28,234 | |
| Remuneration and social security | 454/9 | €199,645 | €206,204 | +€6,559 | +3.3% |
| Other amounts payable | 47/48 | €552,553 | €536,435 | -€16,118 | -2.9% |
| Accrued charges and deferred income | 492/3 | €77,922 | - | -€77,922 | |
| Remuneration, social security and pensions | 62 | - | €2,517,199 | +€2.5m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,729 | €126,839 | +€1,110 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€600 | -€3,364 | -€2,764 | -461% |
| Other operating charges | 640/8 | €9,341 | - | -€9,341 | |
| Non-recurring operating charges | 66A | - | €246 | +€246 | |
| Gross operating margin | 9900 | €388,822 | €2,740,368 | +€2.4m | +605% |
| Operating profit (loss) | 9901 | €254,352 | €99,448 | -€154,904 | -60.9% |
| Financial income | 75/76B | €22,296 | €19,166 | -€3,131 | -14.0% |
| Recurring financial income | 75 | €22,296 | €19,166 | -€3,131 | -14.0% |
| Financial charges | 65/66B | €8,341 | €7,764 | -€578 | -6.9% |
| Recurring financial charges | 65 | €8,341 | €7,764 | -€578 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €268,307 | €110,850 | -€157,457 | -58.7% |
| Income taxes | 67/77 | €61,876 | -€114,554 | -€176,431 | |
| Profit (loss) for the period | 9904 | €206,430 | €225,404 | +€18,974 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €206,430 | €225,404 | +€18,974 | +9.2% |
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 29 October 2026 via checked.be.