TIJO: 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.
TIJO
Largest movements
- Receivables after one year -€47,480
no longer reported in 2024 (was €47,480)
of which Other amounts receivable: -€47,480
- Tangible fixed assets -€5,708
down €5,708 (-22.6%), from €25,221 to €19,513
of which Furniture and vehicles: -€4,400
- Deferred charges and accrued income +€903
up €903 (+1398.4%), from €65 to €967
- Other debts +€71,164
up €71,164 (+8231.8%), from €865 to €72,028
- Short-term financial debts -€49,134
no longer reported in 2024 (was €49,134)
- Trade debts -€35,548
down €35,548 (-88.4%), from €40,213 to €4,664
- Profit (loss) carried forward -€16,752
down €16,752 (-20.7%), from -€80,932 to -€97,684
- Tax, wage and social debts -€10,524
down €10,524 (-59.8%), from €17,596 to €7,073
- Gross operating margin -€43,804
down €43,804, from €36,546 to -€7,258
- Staff costs -€4,678
no longer reported in 2024 (was €4,678)
- Financial income +€4,630
up €4,630 (+785.4%), from €589 to €5,219
of which Non-recurring financial income: +€5,218
- Depreciation +€3,062
up €3,062 (+115.7%), from €2,646 to €5,708
- Financial charges +€1,525
up €1,525 (+24.8%), from €6,150 to €7,674
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,407 | €21,980 | -€52,427 | -70.5% |
| Fixed assets | 21/28 | €25,221 | €19,513 | -€5,708 | -22.6% |
| Tangible fixed assets | 22/27 | €25,221 | €19,513 | -€5,708 | -22.6% |
| Land and buildings | 22 | €4,152 | €3,251 | -€901 | -21.7% |
| Plant, machinery and equipment | 23 | €407 | - | -€407 | |
| Furniture and vehicles | 24 | €20,662 | €16,262 | -€4,400 | -21.3% |
| Current assets | 29/58 | €49,186 | €2,467 | -€46,719 | -95.0% |
| Amounts receivable after more than one year | 29 | €47,480 | - | -€47,480 | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €47,480 | - | -€47,480 | |
| Amounts receivable within one year | 40/41 | €1,642 | €1,500 | -€142 | -8.6% |
| Trade receivables | 40 | €1,642 | €1,500 | -€142 | -8.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €65 | €967 | +€903 | +1398.4% |
| Total equity and liabilities | 10/49 | €74,407 | €21,980 | -€52,427 | -70.5% |
| Equity | 10/15 | -€60,266 | -€77,017 | -€16,752 | -27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,067 | €2,067 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,067 | €2,067 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,932 | -€97,684 | -€16,752 | -20.7% |
| Amounts payable | 17/49 | €134,672 | €98,997 | -€35,675 | -26.5% |
| Amounts payable after more than one year | 17 | €17,037 | €10,125 | -€6,912 | -40.6% |
| Financial debts | 170/4 | €17,037 | €10,125 | -€6,912 | -40.6% |
| Amounts payable within one year | 42/48 | €117,636 | €88,872 | -€28,764 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €9,828 | €5,107 | -€4,721 | -48.0% |
| Financial debts | 43 | €49,134 | - | -€49,134 | |
| Credit institutions | 430/8 | €49,134 | - | -€49,134 | |
| Trade debts | 44 | €40,213 | €4,664 | -€35,548 | -88.4% |
| Suppliers | 440/4 | €40,213 | €4,664 | -€35,548 | -88.4% |
| Taxes, remuneration and social security | 45 | €17,596 | €7,073 | -€10,524 | -59.8% |
| Taxes | 450/3 | €17,596 | €7,073 | -€10,524 | -59.8% |
| Other amounts payable | 47/48 | €865 | €72,028 | +€71,164 | +8231.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,678 | - | -€4,678 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €5,708 | +€3,062 | +115.7% |
| Other operating charges | 640/8 | €2,815 | €1,331 | -€1,484 | -52.7% |
| Non-recurring operating charges | 66A | €3,867 | - | -€3,867 | |
| Gross operating margin | 9900 | €36,546 | -€7,258 | -€43,804 | |
| Operating profit (loss) | 9901 | €22,540 | -€14,296 | -€36,836 | |
| Financial income | 75/76B | €589 | €5,219 | +€4,630 | +785.4% |
| Recurring financial income | 75 | €589 | €1 | -€588 | -99.8% |
| Non-recurring financial income | 76B | - | €5,218 | +€5,218 | |
| Financial charges | 65/66B | €6,150 | €7,674 | +€1,525 | +24.8% |
| Recurring financial charges | 65 | €6,150 | €7,674 | +€1,525 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €16,980 | -€16,752 | -€33,731 | |
| Profit (loss) for the period | 9904 | €16,980 | -€16,752 | -€33,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,980 | -€16,752 | -€33,731 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.