TILE CONSTRUCT: 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.
TILE CONSTRUCT
Largest movements
- Receivables within one year -€8,894
down €8,894 (-24.5%), from €36,363 to €27,469
of which Other amounts receivable: -€4,796
- Financial fixed assets -€5,685
down €5,685 (-100.0%), from €5,685 to €0
- Cash -€4,774
down €4,774 (-29.6%), from €16,103 to €11,329
mainly Contributions, distributions and other (-€12,526) and Net result for the year (-€7,563)
- Reserves -€10,526
down €10,526 (-23.8%), from €44,181 to €33,654
- Profit (loss) carried forward -€7,563
down €7,563 (-30.8%), from -€24,542 to -€32,105
- Contributions -€2,000
down €2,000 (-10.8%), from €18,600 to €16,600
- Other debts +€710
new in 2025: €710
- Other operating charges +€1,947
up €1,947 (+385.4%), from €505 to €2,453
- Gross operating margin -€1,007
down €1,007 (-25.3%), from -€3,977 to -€4,985
- Depreciation -€298
down €298 (-100.0%), from €298 to €0
- Financial charges +€81
up €81 (+179.6%), from €45 to €126
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 | €58,777 | €39,174 | -€19,603 | -33.4% |
| Fixed assets | 21/28 | €5,685 | €0 | -€5,685 | -100.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €5,685 | €0 | -€5,685 | -100.0% |
| Current assets | 29/58 | €53,092 | €39,174 | -€13,918 | -26.2% |
| Amounts receivable within one year | 40/41 | €36,363 | €27,469 | -€8,894 | -24.5% |
| Trade receivables | 40 | €31,458 | €27,359 | -€4,098 | -13.0% |
| Other amounts receivable | 41 | €4,905 | €109 | -€4,796 | -97.8% |
| Cash at bank and in hand | 54/58 | €16,103 | €11,329 | -€4,774 | -29.6% |
| Deferred charges and accrued income | 490/1 | €626 | €376 | -€250 | -39.9% |
| Total equity and liabilities | 10/49 | €58,777 | €39,174 | -€19,603 | -33.4% |
| Equity | 10/15 | €38,239 | €18,149 | -€20,090 | -52.5% |
| Contributions | 10/11 | €18,600 | €16,600 | -€2,000 | -10.8% |
| Reserves | 13 | €44,181 | €33,654 | -€10,526 | -23.8% |
| Distributable reserves | 133 | €44,181 | €33,654 | -€10,526 | -23.8% |
| Profit (loss) carried forward | 14 | -€24,542 | -€32,105 | -€7,563 | -30.8% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €539 | €1,025 | +€486 | +90.3% |
| Amounts payable within one year | 42/48 | €539 | €1,025 | +€486 | +90.3% |
| Trade debts | 44 | €539 | €315 | -€224 | -41.6% |
| Suppliers | 440/4 | €539 | €315 | -€224 | -41.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €710 | +€710 | |
| 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 | €298 | €0 | -€298 | -100.0% |
| Other operating charges | 640/8 | €505 | €2,453 | +€1,947 | +385.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€3,977 | -€4,985 | -€1,007 | -25.3% |
| Operating profit (loss) | 9901 | -€4,781 | -€7,437 | -€2,656 | -55.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €45 | €126 | +€81 | +179.6% |
| Recurring financial charges | 65 | €45 | €126 | +€81 | +179.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,826 | -€7,563 | -€2,737 | -56.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€4,826 | -€7,563 | -€2,737 | -56.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,826 | -€7,563 | -€2,737 | -56.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.