TI.AGO: 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.
TI.AGO
Largest movements
- Cash +€10,292
up €10,292 (+42.8%), from €24,020 to €34,313
mainly Receivables within one year (+€6,458) and Tax, wage and social debts (+€1,848)
- Receivables within one year -€6,458
down €6,458 (-15.4%), from €41,909 to €35,451
of which Trade receivables: -€6,166
- Tax, wage and social debts +€1,848
up €1,848 (+135%), from €1,369 to €3,217
- Profit (loss) carried forward +€1,565
up €1,565 (+3.4%), from €46,610 to €48,175
- Gross operating margin +€3,599
up €3,599 (+713%), from €505 to €4,103
- Taxes +€1,197
up €1,197 (+96.5%), from €1,240 to €2,437
- Financial income +€243
up €243 (+13.3%), from €1,832 to €2,075
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 | €67,574 | €70,826 | +€3,253 | +4.8% |
| Fixed assets | 21/28 | €810 | €186 | -€624 | -77.0% |
| Tangible fixed assets | 22/27 | €810 | €186 | -€624 | -77.0% |
| Land and buildings | 22 | €810 | €186 | -€624 | -77.0% |
| Current assets | 29/58 | €66,764 | €70,640 | +€3,877 | +5.8% |
| Amounts receivable within one year | 40/41 | €41,909 | €35,451 | -€6,458 | -15.4% |
| Trade receivables | 40 | €6,346 | €180 | -€6,166 | -97.2% |
| Other amounts receivable | 41 | €35,562 | €35,271 | -€291 | -0.8% |
| Cash at bank and in hand | 54/58 | €24,020 | €34,313 | +€10,292 | +42.8% |
| Deferred charges and accrued income | 490/1 | €834 | €877 | +€42 | +5.1% |
| Total equity and liabilities | 10/49 | €67,574 | €70,826 | +€3,253 | +4.8% |
| Equity | 10/15 | €65,210 | €66,775 | +€1,565 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,610 | €48,175 | +€1,565 | +3.4% |
| Amounts payable | 17/49 | €2,363 | €4,051 | +€1,688 | +71.4% |
| Amounts payable within one year | 42/48 | €2,363 | €4,051 | +€1,688 | +71.4% |
| Trade debts | 44 | €994 | €834 | -€160 | -16.1% |
| Suppliers | 440/4 | €994 | €834 | -€160 | -16.1% |
| Taxes, remuneration and social security | 45 | €1,369 | €3,217 | +€1,848 | +135% |
| Taxes | 450/3 | €1,369 | €3,217 | +€1,848 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | €624 | = | 0.0% |
| Other operating charges | 640/8 | €1,429 | €1,405 | -€24 | -1.7% |
| Gross operating margin | 9900 | €505 | €4,103 | +€3,599 | +713% |
| Operating profit (loss) | 9901 | -€1,548 | €2,074 | +€3,622 | |
| Financial income | 75/76B | €1,832 | €2,075 | +€243 | +13.3% |
| Recurring financial income | 75 | €1,832 | €2,075 | +€243 | +13.3% |
| Financial charges | 65/66B | €156 | €147 | -€9 | -5.8% |
| Recurring financial charges | 65 | €156 | €147 | -€9 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €127 | €4,002 | +€3,874 | +3,041% |
| Income taxes | 67/77 | €1,240 | €2,437 | +€1,197 | +96.5% |
| Profit (loss) for the period | 9904 | -€1,113 | €1,565 | +€2,677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,113 | €1,565 | +€2,677 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.