TIAMAWO: 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.
TIAMAWO
Largest movements
- Cash -€28,787
down €28,787 (-78.9%), from €36,484 to €7,697
mainly Net result for the year (-€20,470) and Debts after one year (-€9,167)
- Tangible fixed assets -€13,772
down €13,772 (-2.3%), from €608,657 to €594,885
of which Other tangible fixed assets: -€10,945
- Profit (loss) carried forward -€20,470
down €20,470 (-36.3%), from -€56,358 to -€76,828
- Debts after one year -€9,167
down €9,167 (-9.8%), from €93,194 to €84,028
- Depreciation -€32,014
down €32,014 (-67.3%), from €47,585 to €15,571
- Gross operating margin +€5,095
up €5,095, from -€3,475 to €1,619
- Other operating charges +€1,155
up €1,155 (+160%), from €722 to €1,877
- Financial charges +€66
up €66 (+1.4%), from €4,576 to €4,642
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 | €648,403 | €614,244 | -€34,159 | -5.3% |
| Fixed assets | 21/28 | €608,657 | €594,885 | -€13,772 | -2.3% |
| Tangible fixed assets | 22/27 | €608,657 | €594,885 | -€13,772 | -2.3% |
| Plant, machinery and equipment | 23 | €40,459 | €37,632 | -€2,827 | -7.0% |
| Other tangible fixed assets | 26 | €568,198 | €557,253 | -€10,945 | -1.9% |
| Current assets | 29/58 | €39,746 | €19,359 | -€20,387 | -51.3% |
| Amounts receivable within one year | 40/41 | €3,262 | €6,218 | +€2,956 | +90.6% |
| Other amounts receivable | 41 | €3,262 | €6,218 | +€2,956 | +90.6% |
| Cash at bank and in hand | 54/58 | €36,484 | €7,697 | -€28,787 | -78.9% |
| Deferred charges and accrued income | 490/1 | - | €5,444 | +€5,444 | |
| Total equity and liabilities | 10/49 | €648,403 | €614,244 | -€34,159 | -5.3% |
| Equity | 10/15 | €76,642 | €56,172 | -€20,470 | -26.7% |
| Contributions | 10/11 | €133,000 | €133,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,358 | -€76,828 | -€20,470 | -36.3% |
| Amounts payable | 17/49 | €571,762 | €558,072 | -€13,689 | -2.4% |
| Amounts payable after more than one year | 17 | €93,194 | €84,028 | -€9,167 | -9.8% |
| Financial debts | 170/4 | €93,194 | €84,028 | -€9,167 | -9.8% |
| Amounts payable within one year | 42/48 | €478,567 | €474,044 | -€4,523 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €9,167 | €9,167 | = | 0.0% |
| Trade debts | 44 | €1,961 | €2,377 | +€416 | +21.2% |
| Suppliers | 440/4 | €1,961 | €2,377 | +€416 | +21.2% |
| Other amounts payable | 47/48 | €467,440 | €462,501 | -€4,939 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,585 | €15,571 | -€32,014 | -67.3% |
| Other operating charges | 640/8 | €722 | €1,877 | +€1,155 | +160% |
| Gross operating margin | 9900 | -€3,475 | €1,619 | +€5,095 | |
| Operating profit (loss) | 9901 | -€51,782 | -€15,829 | +€35,954 | +69.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,576 | €4,642 | +€66 | +1.4% |
| Recurring financial charges | 65 | €4,576 | €4,642 | +€66 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€56,358 | -€20,470 | +€35,889 | +63.7% |
| Profit (loss) for the period | 9904 | -€56,358 | -€20,470 | +€35,889 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,358 | -€20,470 | +€35,889 | +63.7% |
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 19 October 2026 via checked.be.