TIA: 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.
TIA
Largest movements
- Tangible fixed assets +€53,461
up €53,461 (+1298.5%), from €4,117 to €57,578
- Cash -€37,350
down €37,350 (-84.4%), from €44,244 to €6,894
mainly Investment in fixed assets (net) (-€58,950) and Tax, wage and social debts (-€1,961)
- Other debts +€14,874
new in 2025: €14,874
- Reserves +€3,300
up €3,300 (+5.8%), from €56,520 to €59,820
- Tax, wage and social debts -€1,961
down €1,961 (-20.1%), from €9,761 to €7,800
- Trade debts -€1,345
down €1,345 (-16.4%), from €8,199 to €6,854
- Gross operating margin -€25,865
down €25,865 (-69.0%), from €37,490 to €11,625
- Taxes -€10,028
down €10,028 (-87.1%), from €11,511 to €1,483
- Depreciation +€3,857
up €3,857 (+236.3%), from €1,632 to €5,489
- Other operating charges -€1,241
down €1,241 (-51.2%), from €2,424 to €1,184
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 | €84,344 | €99,219 | +€14,875 | +17.6% |
| Fixed assets | 21/28 | €4,117 | €57,578 | +€53,461 | +1298.5% |
| Tangible fixed assets | 22/27 | €4,117 | €57,578 | +€53,461 | +1298.5% |
| Furniture and vehicles | 24 | €4,117 | €57,578 | +€53,461 | +1298.5% |
| Current assets | 29/58 | €80,227 | €41,641 | -€38,586 | -48.1% |
| Amounts receivable within one year | 40/41 | €33,261 | €32,766 | -€494 | -1.5% |
| Other amounts receivable | 41 | €33,261 | €32,766 | -€494 | -1.5% |
| Cash at bank and in hand | 54/58 | €44,244 | €6,894 | -€37,350 | -84.4% |
| Deferred charges and accrued income | 490/1 | €2,722 | €1,981 | -€742 | -27.2% |
| Total equity and liabilities | 10/49 | €84,344 | €99,219 | +€14,875 | +17.6% |
| Equity | 10/15 | €66,384 | €69,692 | +€3,307 | +5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,520 | €59,820 | +€3,300 | +5.8% |
| Distributable reserves | 133 | €56,520 | €59,820 | +€3,300 | +5.8% |
| Profit (loss) carried forward | 14 | €3,664 | €3,672 | +€7 | +0.2% |
| Amounts payable | 17/49 | €17,959 | €29,528 | +€11,568 | +64.4% |
| Amounts payable within one year | 42/48 | €17,959 | €29,528 | +€11,568 | +64.4% |
| Trade debts | 44 | €8,199 | €6,854 | -€1,345 | -16.4% |
| Suppliers | 440/4 | €8,199 | €6,854 | -€1,345 | -16.4% |
| Taxes, remuneration and social security | 45 | €9,761 | €7,800 | -€1,961 | -20.1% |
| Taxes | 450/3 | €9,761 | €7,800 | -€1,961 | -20.1% |
| Other amounts payable | 47/48 | - | €14,874 | +€14,874 | |
| Non-recurring operating income | 76A | - | €17,093 | +€17,093 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,632 | €5,489 | +€3,857 | +236.3% |
| Other operating charges | 640/8 | €2,424 | €1,184 | -€1,241 | -51.2% |
| Gross operating margin | 9900 | €37,490 | €11,625 | -€25,865 | -69.0% |
| Operating profit (loss) | 9901 | €33,434 | €4,953 | -€28,481 | -85.2% |
| Financial charges | 65/66B | €394 | €163 | -€231 | -58.7% |
| Recurring financial charges | 65 | €394 | €163 | -€231 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €33,040 | €4,790 | -€28,250 | -85.5% |
| Income taxes | 67/77 | €11,511 | €1,483 | -€10,028 | -87.1% |
| Profit (loss) for the period | 9904 | €21,529 | €3,307 | -€18,222 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,529 | €3,307 | -€18,222 | -84.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.