TI-JO TECHNICS: 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-JO TECHNICS
Largest movements
- Receivables within one year +€20,558
up €20,558 (+65.2%), from €31,529 to €52,087
of which Trade receivables: +€15,545
- Tangible fixed assets -€18,556
down €18,556 (-29.6%), from €62,595 to €44,038
of which Leasing and similar rights: -€15,021
- Stocks and contracts +€11,413
up €11,413 (+20.6%), from €55,327 to €66,740
- Cash +€5,253
up €5,253 (+60.7%), from €8,654 to €13,907
mainly Depreciation (+€18,556) and Net result for the year (+€15,871)
- Profit (loss) carried forward +€15,871
up €15,871 (+23.5%), from €67,674 to €83,545
- Debts after one year -€15,513
down €15,513 (-36.3%), from €42,779 to €27,266
- Trade debts +€13,806
up €13,806 (+237%), from €5,825 to €19,631
- Tax, wage and social debts +€9,828
up €9,828 (+187%), from €5,255 to €15,083
of which Remuneration and social security: +€5,433
- Current portion of long-term debt -€2,516
down €2,516 (-14.0%), from €18,029 to €15,512
- Gross operating margin +€31,067
up €31,067 (+44.7%), from €69,518 to €100,585
- Staff costs +€10,923
up €10,923 (+23.8%), from €45,883 to €56,806
- Taxes +€4,254
up €4,254 (+1,794%), from €237 to €4,491
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 | €158,928 | €177,890 | +€18,962 | +11.9% |
| Fixed assets | 21/28 | €62,595 | €44,038 | -€18,556 | -29.6% |
| Tangible fixed assets | 22/27 | €62,595 | €44,038 | -€18,556 | -29.6% |
| Furniture and vehicles | 24 | €6,960 | €3,425 | -€3,536 | -50.8% |
| Leasing and similar rights | 25 | €55,634 | €40,614 | -€15,021 | -27.0% |
| Current assets | 29/58 | €96,333 | €133,852 | +€37,519 | +38.9% |
| Stocks and contracts in progress | 3 | €55,327 | €66,740 | +€11,413 | +20.6% |
| Stocks | 30/36 | €55,327 | €66,740 | +€11,413 | +20.6% |
| Amounts receivable within one year | 40/41 | €31,529 | €52,087 | +€20,558 | +65.2% |
| Trade receivables | 40 | €23,562 | €39,107 | +€15,545 | +66.0% |
| Other amounts receivable | 41 | €7,967 | €12,980 | +€5,013 | +62.9% |
| Cash at bank and in hand | 54/58 | €8,654 | €13,907 | +€5,253 | +60.7% |
| Deferred charges and accrued income | 490/1 | €823 | €1,118 | +€295 | +35.8% |
| Total equity and liabilities | 10/49 | €158,928 | €177,890 | +€18,962 | +11.9% |
| Equity | 10/15 | €77,674 | €93,545 | +€15,871 | +20.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,674 | €83,545 | +€15,871 | +23.5% |
| Amounts payable | 17/49 | €81,255 | €84,345 | +€3,091 | +3.8% |
| Amounts payable after more than one year | 17 | €42,779 | €27,266 | -€15,513 | -36.3% |
| Financial debts | 170/4 | €42,779 | €27,266 | -€15,513 | -36.3% |
| Amounts payable within one year | 42/48 | €38,476 | €57,079 | +€18,603 | +48.4% |
| Current portion of amounts payable after more than one year | 42 | €18,029 | €15,512 | -€2,516 | -14.0% |
| Trade debts | 44 | €5,825 | €19,631 | +€13,806 | +237% |
| Suppliers | 440/4 | €5,825 | €19,631 | +€13,806 | +237% |
| Taxes, remuneration and social security | 45 | €5,255 | €15,083 | +€9,828 | +187% |
| Taxes | 450/3 | €2,000 | €6,395 | +€4,395 | +220% |
| Remuneration and social security | 454/9 | €3,255 | €8,688 | +€5,433 | +167% |
| Other amounts payable | 47/48 | €9,367 | €6,853 | -€2,513 | -26.8% |
| Remuneration, social security and pensions | 62 | €45,883 | €56,806 | +€10,923 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,700 | €18,556 | -€143 | -0.8% |
| Other operating charges | 640/8 | €2,539 | €2,008 | -€531 | -20.9% |
| Gross operating margin | 9900 | €69,518 | €100,585 | +€31,067 | +44.7% |
| Operating profit (loss) | 9901 | €2,397 | €23,215 | +€20,818 | +868% |
| Financial income | 75/76B | €2 | €51 | +€49 | +2,394% |
| Recurring financial income | 75 | €2 | €51 | +€49 | +2,394% |
| Financial charges | 65/66B | €3,605 | €2,903 | -€701 | -19.5% |
| Recurring financial charges | 65 | €3,605 | €2,903 | -€701 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,205 | €20,363 | +€21,568 | |
| Income taxes | 67/77 | €237 | €4,491 | +€4,254 | +1,794% |
| Profit (loss) for the period | 9904 | -€1,443 | €15,871 | +€17,314 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,443 | €15,871 | +€17,314 |
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 21 October 2026 via checked.be.