TI-JO: what changed
Two fiscal 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-JO
Largest movements
- Tangible fixed assets -€19,358
down €19,358 (-7.3%), from €265,717 to €246,359
of which Land and buildings: -€11,425
- Cash +€2,767
up €2,767 (+110.7%), from €2,500 to €5,267
mainly Depreciation (+€19,358) and Trade debts (+€1,019)
- Profit (loss) carried forward -€17,614
down €17,614, from €3,689 to -€13,925
- Taxes -€26,361
down €26,361 (-100.0%), from €26,362 to €0
- Gross operating margin -€4,036
down €4,036 (-31.2%), from €12,948 to €8,912
- Other operating charges -€3,274
down €3,274 (-31.4%), from €10,443 to €7,169
- Depreciation -€205
down €205 (-1.0%), from €19,563 to €19,358
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 | €268,771 | €252,176 | -€16,595 | -6.2% |
| Fixed assets | 21/28 | €265,717 | €246,359 | -€19,358 | -7.3% |
| Tangible fixed assets | 22/27 | €265,717 | €246,359 | -€19,358 | -7.3% |
| Land and buildings | 22 | €199,417 | €187,993 | -€11,425 | -5.7% |
| Plant, machinery and equipment | 23 | €66,300 | €58,366 | -€7,934 | -12.0% |
| Current assets | 29/58 | €3,054 | €5,817 | +€2,763 | +90.5% |
| Cash at bank and in hand | 54/58 | €2,500 | €5,267 | +€2,767 | +110.7% |
| Deferred charges and accrued income | 490/1 | €554 | €550 | -€4 | -0.7% |
| Total equity and liabilities | 10/49 | €268,771 | €252,176 | -€16,595 | -6.2% |
| Equity | 10/15 | €254,995 | €237,381 | -€17,614 | -6.9% |
| Contributions | 10/11 | €176,748 | €176,748 | = | 0.0% |
| Capital | 10 | €176,748 | €176,748 | = | 0.0% |
| Issued capital | 100 | €176,748 | €176,748 | = | 0.0% |
| Reserves | 13 | €74,558 | €74,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,978 | €7,978 | = | 0.0% |
| Legal reserve | 130 | €7,978 | €7,978 | = | 0.0% |
| Distributable reserves | 133 | €66,580 | €66,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,689 | -€13,925 | -€17,614 | |
| Amounts payable | 17/49 | €13,776 | €14,795 | +€1,019 | +7.4% |
| Amounts payable within one year | 42/48 | €13,776 | €14,795 | +€1,019 | +7.4% |
| Trade debts | 44 | - | €1,019 | +€1,019 | |
| Suppliers | 440/4 | - | €1,019 | +€1,019 | |
| Taxes, remuneration and social security | 45 | €5,362 | €5,362 | = | 0.0% |
| Taxes | 450/3 | €5,362 | €5,362 | = | 0.0% |
| Other amounts payable | 47/48 | €8,414 | €8,414 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,563 | €19,358 | -€205 | -1.0% |
| Other operating charges | 640/8 | €10,443 | €7,169 | -€3,274 | -31.4% |
| Gross operating margin | 9900 | €12,948 | €8,912 | -€4,036 | -31.2% |
| Operating profit (loss) | 9901 | -€17,059 | -€17,615 | -€557 | -3.3% |
| Financial income | 75/76B | €0 | €2 | +€2 | +410.8% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +410.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,058 | -€17,613 | -€555 | -3.3% |
| Income taxes | 67/77 | €26,362 | €0 | -€26,361 | -100.0% |
| Profit (loss) for the period | 9904 | -€43,420 | -€17,614 | +€25,806 | +59.4% |
| Transfer from tax-exempt reserves | 789 | €110,000 | - | -€110,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €66,580 | -€17,614 | -€84,194 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.