TIJL S: 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.
TIJL S
Largest movements
- Cash +€170,703
up €170,703 (+83.3%), from €204,881 to €375,584
mainly Net result for the year (+€270,199) and Tax, wage and social debts (+€18,625)
- Receivables within one year +€83,589
up €83,589 (+215%), from €38,859 to €122,448
of which Trade receivables: +€84,924
- Reserves +€420,200
up €420,200 (+810%), from €51,853 to €472,053
- Profit (loss) carried forward -€150,000
no longer reported in 2025 (was €150,000)
- Trade debts -€33,139
down €33,139 (-67.7%), from €48,958 to €15,819
- Tax, wage and social debts +€18,625
new in 2025: €18,625
- Gross operating margin +€44,783
up €44,783 (+14.7%), from €305,187 to €349,970
- Taxes -€28,168
down €28,168 (-28.2%), from €100,000 to €71,832
- Depreciation +€3,898
up €3,898 (+189%), from €2,061 to €5,959
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 | €270,811 | €527,485 | +€256,674 | +94.8% |
| Fixed assets | 21/28 | €25,905 | €26,749 | +€844 | +3.3% |
| Tangible fixed assets | 22/27 | €25,905 | €26,749 | +€844 | +3.3% |
| Plant, machinery and equipment | 23 | - | €6,438 | +€6,438 | |
| Furniture and vehicles | 24 | €25,905 | €20,312 | -€5,593 | -21.6% |
| Current assets | 29/58 | €244,906 | €500,736 | +€255,830 | +104% |
| Amounts receivable within one year | 40/41 | €38,859 | €122,448 | +€83,589 | +215% |
| Trade receivables | 40 | €30,815 | €115,739 | +€84,924 | +276% |
| Other amounts receivable | 41 | €8,044 | €6,708 | -€1,336 | -16.6% |
| Cash at bank and in hand | 54/58 | €204,881 | €375,584 | +€170,703 | +83.3% |
| Deferred charges and accrued income | 490/1 | €1,166 | €2,705 | +€1,539 | +132% |
| Total equity and liabilities | 10/49 | €270,811 | €527,485 | +€256,674 | +94.8% |
| Equity | 10/15 | €221,853 | €492,053 | +€270,200 | +122% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,853 | €472,053 | +€420,200 | +810% |
| Distributable reserves | 133 | €51,853 | €472,053 | +€420,200 | +810% |
| Profit (loss) carried forward | 14 | €150,000 | - | -€150,000 | |
| Amounts payable | 17/49 | €48,958 | €35,433 | -€13,525 | -27.6% |
| Amounts payable within one year | 42/48 | €48,958 | €35,433 | -€13,525 | -27.6% |
| Financial debts | 43 | - | €141 | +€141 | |
| Credit institutions | 430/8 | - | €141 | +€141 | |
| Trade debts | 44 | €48,958 | €15,819 | -€33,139 | -67.7% |
| Suppliers | 440/4 | €48,958 | €15,819 | -€33,139 | -67.7% |
| Taxes, remuneration and social security | 45 | - | €18,625 | +€18,625 | |
| Taxes | 450/3 | - | €18,625 | +€18,625 | |
| Other amounts payable | 47/48 | - | €849 | +€849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,061 | €5,959 | +€3,898 | +189% |
| Other operating charges | 640/8 | €180 | €726 | +€546 | +303% |
| Gross operating margin | 9900 | €305,187 | €349,970 | +€44,783 | +14.7% |
| Operating profit (loss) | 9901 | €302,946 | €343,285 | +€40,339 | +13.3% |
| Financial income | 75/76B | €364 | €651 | +€287 | +78.9% |
| Recurring financial income | 75 | €364 | €651 | +€287 | +78.9% |
| Financial charges | 65/66B | €1,457 | €1,905 | +€448 | +30.8% |
| Recurring financial charges | 65 | €1,457 | €1,905 | +€448 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €301,853 | €342,031 | +€40,178 | +13.3% |
| Income taxes | 67/77 | €100,000 | €71,832 | -€28,168 | -28.2% |
| Profit (loss) for the period | 9904 | €201,853 | €270,199 | +€68,346 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €201,853 | €270,199 | +€68,346 | +33.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.