TI@P PROJECTS: 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@P PROJECTS
Largest movements
- Receivables within one year +€41,494
up €41,494 (+313.8%), from €13,223 to €54,717
of which Other amounts receivable: +€29,848
- Deferred charges and accrued income -€17,243
down €17,243 (-100.0%), from €17,243 to €0
- Cash -€5,433
down €5,433 (-10.1%), from €53,605 to €48,172
mainly Receivables within one year (-€41,494) and Accrued charges and deferred income (-€19,165)
- Profit (loss) carried forward +€21,567
up €21,567 (+64.5%), from €33,462 to €55,029
- Accrued charges and deferred income -€19,165
down €19,165 (-100.0%), from €19,165 to €0
- Trade debts +€11,031
up €11,031 (+86.1%), from €12,806 to €23,836
- Tax, wage and social debts +€5,454
up €5,454 (+26.7%), from €20,459 to €25,913
- Gross operating margin +€27,765
up €27,765 (+417.8%), from €6,646 to €34,410
- Taxes +€5,642
up €5,642 (+459.8%), from €1,227 to €6,869
- Staff costs +€1,760
new in 2025: €1,760
- Other operating charges +€1,325
up €1,325 (+462.4%), from €287 to €1,611
- Depreciation +€886
up €886 (+89.1%), from €995 to €1,881
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 | €87,891 | €106,779 | +€18,888 | +21.5% |
| Fixed assets | 21/28 | €3,820 | €3,890 | +€69 | +1.8% |
| Tangible fixed assets | 22/27 | €3,820 | €3,890 | +€69 | +1.8% |
| Furniture and vehicles | 24 | €3,820 | €3,890 | +€69 | +1.8% |
| Current assets | 29/58 | €84,071 | €102,889 | +€18,818 | +22.4% |
| Amounts receivable within one year | 40/41 | €13,223 | €54,717 | +€41,494 | +313.8% |
| Trade receivables | 40 | €0 | €11,646 | +€11,646 | |
| Other amounts receivable | 41 | €13,223 | €43,071 | +€29,848 | +225.7% |
| Cash at bank and in hand | 54/58 | €53,605 | €48,172 | -€5,433 | -10.1% |
| Deferred charges and accrued income | 490/1 | €17,243 | €0 | -€17,243 | -100.0% |
| Total equity and liabilities | 10/49 | €87,891 | €106,779 | +€18,888 | +21.5% |
| Equity | 10/15 | €35,462 | €57,029 | +€21,567 | +60.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,462 | €55,029 | +€21,567 | +64.5% |
| Amounts payable | 17/49 | €52,429 | €49,749 | -€2,680 | -5.1% |
| Amounts payable within one year | 42/48 | €33,264 | €49,749 | +€16,485 | +49.6% |
| Trade debts | 44 | €12,806 | €23,836 | +€11,031 | +86.1% |
| Suppliers | 440/4 | €12,806 | €23,836 | +€11,031 | +86.1% |
| Taxes, remuneration and social security | 45 | €20,459 | €25,913 | +€5,454 | +26.7% |
| Taxes | 450/3 | €20,459 | €25,913 | +€5,454 | +26.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €19,165 | €0 | -€19,165 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €1,760 | +€1,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €995 | €1,881 | +€886 | +89.1% |
| Other operating charges | 640/8 | €287 | €1,611 | +€1,325 | +462.4% |
| Gross operating margin | 9900 | €6,646 | €34,410 | +€27,765 | +417.8% |
| Operating profit (loss) | 9901 | €5,364 | €29,158 | +€23,794 | +443.5% |
| Financial income | 75/76B | €866 | €26 | -€839 | -97.0% |
| Recurring financial income | 75 | €866 | €26 | -€839 | -97.0% |
| Financial charges | 65/66B | €194 | €747 | +€553 | +285.0% |
| Recurring financial charges | 65 | €194 | €747 | +€553 | +285.0% |
| Profit (loss) for the period before taxes | 9903 | €6,036 | €28,437 | +€22,401 | +371.1% |
| Income taxes | 67/77 | €1,227 | €6,869 | +€5,642 | +459.8% |
| Profit (loss) for the period | 9904 | €4,809 | €21,567 | +€16,759 | +348.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,809 | €21,567 | +€16,759 | +348.5% |
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 5 October 2026 via checked.be.