TiJoMi: 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.
TiJoMi
Largest movements
- Receivables within one year +€33,685
up €33,685 (+113.2%), from €29,752 to €63,438
of which Trade receivables: +€25,656
- Cash -€16,470
down €16,470 (-19.4%), from €85,114 to €68,644
mainly Receivables within one year (-€33,685) and Accrued charges and deferred income (-€12,500)
- Tangible fixed assets -€9,326
down €9,326 (-33.3%), from €27,979 to €18,652
of which Furniture and vehicles: -€9,326
- Intangible fixed assets +€5,312
new in 2026: €5,312
- Tax, wage and social debts +€33,818
up €33,818 (+87.5%), from €38,653 to €72,471
of which Remuneration and social security: +€21,179
- Accrued charges and deferred income -€12,500
no longer reported in 2026 (was €12,500)
- Reserves -€9,292
down €9,292 (-18.2%), from €51,033 to €41,740
- Debts after one year -€6,589
down €6,589 (-47.1%), from €13,977 to €7,387
- Current portion of long-term debt +€4,268
up €4,268 (+66.9%), from €6,376 to €10,644
- Staff costs +€72,861
up €72,861 (+35.2%), from €207,280 to €280,141
- Gross operating margin +€45,669
up €45,669 (+18.9%), from €242,169 to €287,837
- Taxes -€5,048
down €5,048 (-87.8%), from €5,751 to €702
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,294 | €156,696 | +€13,402 | +9.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €28,229 | €24,415 | -€3,814 | -13.5% |
| Intangible fixed assets | 21 | - | €5,312 | +€5,312 | |
| Tangible fixed assets | 22/27 | €27,979 | €18,652 | -€9,326 | -33.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €27,979 | €18,652 | -€9,326 | -33.3% |
| Financial fixed assets | 28 | €250 | €450 | +€200 | +80.0% |
| Current assets | 29/58 | €115,066 | €132,281 | +€17,216 | +15.0% |
| Amounts receivable within one year | 40/41 | €29,752 | €63,438 | +€33,685 | +113.2% |
| Trade receivables | 40 | €20,788 | €46,444 | +€25,656 | +123.4% |
| Other amounts receivable | 41 | €8,964 | €16,994 | +€8,030 | +89.6% |
| Cash at bank and in hand | 54/58 | €85,114 | €68,644 | -€16,470 | -19.4% |
| Deferred charges and accrued income | 490/1 | €200 | €200 | = | 0.0% |
| Total equity and liabilities | 10/49 | €143,294 | €156,696 | +€13,402 | +9.4% |
| Equity | 10/15 | €69,633 | €60,340 | -€9,292 | -13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,033 | €41,740 | -€9,292 | -18.2% |
| Distributable reserves | 133 | €51,033 | €41,740 | -€9,292 | -18.2% |
| Amounts payable | 17/49 | €73,662 | €96,356 | +€22,694 | +30.8% |
| Amounts payable after more than one year | 17 | €13,977 | €7,387 | -€6,589 | -47.1% |
| Financial debts | 170/4 | €13,977 | €7,387 | -€6,589 | -47.1% |
| Amounts payable within one year | 42/48 | €47,185 | €88,968 | +€41,783 | +88.6% |
| Current portion of amounts payable after more than one year | 42 | €6,376 | €10,644 | +€4,268 | +66.9% |
| Trade debts | 44 | €463 | €4,055 | +€3,592 | +776.1% |
| Suppliers | 440/4 | €463 | €4,055 | +€3,592 | +776.1% |
| Advances received on contracts in progress | 46 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €38,653 | €72,471 | +€33,818 | +87.5% |
| Taxes | 450/3 | €3,518 | €16,157 | +€12,638 | +359.2% |
| Remuneration and social security | 454/9 | €35,135 | €56,314 | +€21,179 | +60.3% |
| Other amounts payable | 47/48 | €1,644 | €1,799 | +€155 | +9.5% |
| Accrued charges and deferred income | 492/3 | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | €207,280 | €280,141 | +€72,861 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,686 | €10,048 | +€362 | +3.7% |
| Other operating charges | 640/8 | €193 | €236 | +€43 | +22.3% |
| Gross operating margin | 9900 | €242,169 | €287,837 | +€45,669 | +18.9% |
| Operating profit (loss) | 9901 | €25,009 | -€2,588 | -€27,597 | |
| Financial income | 75/76B | €360 | €552 | +€192 | +53.5% |
| Recurring financial income | 75 | €360 | €552 | +€192 | +53.5% |
| Financial charges | 65/66B | €903 | €672 | -€231 | -25.6% |
| Recurring financial charges | 65 | €903 | €672 | -€231 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €24,466 | -€2,708 | -€27,174 | |
| Income taxes | 67/77 | €5,751 | €702 | -€5,048 | -87.8% |
| Profit (loss) for the period | 9904 | €18,716 | -€3,410 | -€22,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,716 | -€3,410 | -€22,126 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.