TIHA: 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.
TIHA
Largest movements
- Receivables within one year +€18,780
up €18,780 (+87.9%), from €21,363 to €40,143
of which Trade receivables: +€19,808
- Cash -€14,143
down €14,143 (-95.4%), from €14,824 to €681
mainly Receivables within one year (-€18,780) and Investment in fixed assets (net) (-€10,000)
- Tangible fixed assets +€7,444
up €7,444 (+1212.4%), from €614 to €8,058
- Stocks and contracts -€5,000
no longer reported in 2025 (was €5,000)
- Other debts +€8,744
up €8,744 (+855.6%), from €1,022 to €9,766
- Tax, wage and social debts -€2,722
down €2,722 (-69.3%), from €3,929 to €1,207
- Profit (loss) carried forward +€1,425
up €1,425 (+6.6%), from €21,696 to €23,121
- Gross operating margin -€9,464
down €9,464 (-57.6%), from €16,420 to €6,956
- Taxes -€2,970
down €2,970 (-75.6%), from €3,929 to €959
- Depreciation +€2,198
up €2,198 (+614.0%), from €358 to €2,556
- Provisions -€2,006
no longer reported in 2025 (was €2,006)
- Other operating charges +€1,837
new in 2025: €1,837
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 | €42,501 | €49,961 | +€7,460 | +17.6% |
| Fixed assets | 21/28 | €1,314 | €8,758 | +€7,444 | +566.5% |
| Tangible fixed assets | 22/27 | €614 | €8,058 | +€7,444 | +1212.4% |
| Furniture and vehicles | 24 | €614 | €8,058 | +€7,444 | +1212.4% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €41,187 | €41,203 | +€16 | 0.0% |
| Stocks and contracts in progress | 3 | €5,000 | - | -€5,000 | |
| Contracts in progress | 37 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €21,363 | €40,143 | +€18,780 | +87.9% |
| Trade receivables | 40 | €20,335 | €40,143 | +€19,808 | +97.4% |
| Other amounts receivable | 41 | €1,028 | - | -€1,028 | |
| Cash at bank and in hand | 54/58 | €14,824 | €681 | -€14,143 | -95.4% |
| Deferred charges and accrued income | 490/1 | - | €379 | +€379 | |
| Total equity and liabilities | 10/49 | €42,501 | €49,961 | +€7,460 | +17.6% |
| Equity | 10/15 | €24,196 | €25,621 | +€1,425 | +5.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | - | €2,500 | +€2,500 | |
| Share premium | 1100/10 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €21,696 | €23,121 | +€1,425 | +6.6% |
| Provisions and deferred taxes | 16 | €3,204 | €3,204 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,204 | €3,204 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,204 | €3,204 | = | 0.0% |
| Amounts payable | 17/49 | €15,101 | €21,136 | +€6,035 | +40.0% |
| Amounts payable within one year | 42/48 | €15,101 | €21,136 | +€6,035 | +40.0% |
| Trade debts | 44 | €9,339 | €9,352 | +€13 | +0.1% |
| Suppliers | 440/4 | €9,339 | €9,352 | +€13 | +0.1% |
| Advances received on contracts in progress | 46 | €811 | €811 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,929 | €1,207 | -€2,722 | -69.3% |
| Taxes | 450/3 | €3,929 | €1,207 | -€2,722 | -69.3% |
| Other amounts payable | 47/48 | €1,022 | €9,766 | +€8,744 | +855.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €2,556 | +€2,198 | +614.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,006 | - | -€2,006 | |
| Other operating charges | 640/8 | - | €1,837 | +€1,837 | |
| Gross operating margin | 9900 | €16,420 | €6,956 | -€9,464 | -57.6% |
| Operating profit (loss) | 9901 | €14,056 | €2,563 | -€11,493 | -81.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €152 | €180 | +€28 | +18.4% |
| Recurring financial charges | 65 | €152 | €180 | +€28 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €13,904 | €2,384 | -€11,520 | -82.9% |
| Income taxes | 67/77 | €3,929 | €959 | -€2,970 | -75.6% |
| Profit (loss) for the period | 9904 | €9,975 | €1,425 | -€8,550 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,975 | €1,425 | -€8,550 | -85.7% |
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 30 September 2026 via checked.be.