TIFFANY: 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.
TIFFANY
Largest movements
- Tangible fixed assets -€10,513
down €10,513 (-4.2%), from €251,414 to €240,902
of which Land and buildings: -€7,485
- Profit (loss) carried forward -€12,352
down €12,352 (-32.1%), from €38,537 to €26,184
- Other debts +€4,090
up €4,090 (+5.3%), from €77,285 to €81,375
- Current portion of long-term debt -€3,620
down €3,620 (-100.0%), from €3,620 to €0
- Gross operating margin +€7,775
up €7,775, from -€3,863 to €3,912
- Other operating charges +€1,200
up €1,200 (+28.1%), from €4,270 to €5,470
- Depreciation -€603
down €603 (-5.4%), from €11,116 to €10,513
- Financial charges -€220
down €220 (-43.9%), from €502 to €282
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 | €253,954 | €242,197 | -€11,757 | -4.6% |
| Fixed assets | 21/28 | €251,414 | €240,902 | -€10,513 | -4.2% |
| Tangible fixed assets | 22/27 | €251,414 | €240,902 | -€10,513 | -4.2% |
| Land and buildings | 22 | €247,637 | €240,153 | -€7,485 | -3.0% |
| Furniture and vehicles | 24 | €32 | €0 | -€32 | -100.0% |
| Leasing and similar rights | 25 | €3,745 | €749 | -€2,996 | -80.0% |
| Current assets | 29/58 | €2,540 | €1,295 | -€1,245 | -49.0% |
| Amounts receivable within one year | 40/41 | €855 | €0 | -€855 | -100.0% |
| Trade receivables | 40 | €440 | €0 | -€440 | -100.0% |
| Other amounts receivable | 41 | €415 | €0 | -€415 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €1,685 | €1,295 | -€389 | -23.1% |
| Total equity and liabilities | 10/49 | €253,954 | €242,197 | -€11,757 | -4.6% |
| Equity | 10/15 | €171,205 | €158,853 | -€12,352 | -7.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €28,057 | €28,057 | = | 0.0% |
| Reserves | 13 | €4,611 | €4,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,611 | €4,611 | = | 0.0% |
| Legal reserve | 130 | €4,611 | €4,611 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €38,537 | €26,184 | -€12,352 | -32.1% |
| Amounts payable | 17/49 | €82,750 | €83,345 | +€595 | +0.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €82,750 | €83,345 | +€595 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €3,620 | €0 | -€3,620 | -100.0% |
| Trade debts | 44 | €1,845 | €1,970 | +€124 | +6.7% |
| Suppliers | 440/4 | €1,845 | €1,970 | +€124 | +6.7% |
| Other amounts payable | 47/48 | €77,285 | €81,375 | +€4,090 | +5.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,116 | €10,513 | -€603 | -5.4% |
| Other operating charges | 640/8 | €4,270 | €5,470 | +€1,200 | +28.1% |
| Gross operating margin | 9900 | -€3,863 | €3,912 | +€7,775 | |
| Operating profit (loss) | 9901 | -€19,248 | -€12,071 | +€7,178 | +37.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €502 | €282 | -€220 | -43.9% |
| Recurring financial charges | 65 | €502 | €282 | -€220 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | -€19,750 | -€12,352 | +€7,398 | +37.5% |
| Income taxes | 67/77 | -€15 | €0 | +€15 | |
| Profit (loss) for the period | 9904 | -€19,735 | -€12,352 | +€7,383 | +37.4% |
| Transfer from tax-exempt reserves | 789 | €950 | €0 | -€950 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,785 | -€12,352 | +€6,433 | +34.2% |
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 4 October 2026 via checked.be.