TILEA MIHAELA: 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.
TILEA MIHAELA
Largest movements
- Receivables after one year -€22,500
down €22,500 (-3.5%), from €644,127 to €621,627
- Receivables within one year +€14,359
up €14,359 (+7.2%), from €199,000 to €213,359
- Tax, wage and social debts -€14,100
down €14,100 (-66.6%), from €21,170 to €7,070
- Gross operating margin -€23,401
down €23,401 (-67.5%), from €34,678 to €11,277
- Taxes +€5,853
up €5,853, from -€3,307 to €2,546
- Financial income +€1,752
new in 2022: €1,752
- Financial charges +€726
new in 2022: €726
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €927,499 | €919,085 | -€8,414 | -0.9% |
| Current assets | 29/58 | €927,499 | €919,085 | -€8,414 | -0.9% |
| Amounts receivable after more than one year | 29 | €644,127 | €621,627 | -€22,500 | -3.5% |
| Other amounts receivable | 291 | €644,127 | €621,627 | -€22,500 | -3.5% |
| Amounts receivable within one year | 40/41 | €199,000 | €213,359 | +€14,359 | +7.2% |
| Other amounts receivable | 41 | €199,000 | €213,359 | +€14,359 | +7.2% |
| Cash at bank and in hand | 54/58 | €84,371 | €84,099 | -€272 | -0.3% |
| Total equity and liabilities | 10/49 | €927,499 | €919,085 | -€8,414 | -0.9% |
| Equity | 10/15 | €903,126 | €912,015 | +€8,889 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €882,666 | €891,555 | +€8,889 | +1.0% |
| Amounts payable | 17/49 | €24,373 | €7,070 | -€17,302 | -71.0% |
| Amounts payable within one year | 42/48 | €24,373 | €7,070 | -€17,302 | -71.0% |
| Financial debts | 43 | €1,752 | - | -€1,752 | |
| Credit institutions | 430/8 | €1,752 | - | -€1,752 | |
| Trade debts | 44 | €1,450 | - | -€1,450 | |
| Suppliers | 440/4 | €1,450 | - | -€1,450 | |
| Taxes, remuneration and social security | 45 | €21,170 | €7,070 | -€14,100 | -66.6% |
| Taxes | 450/3 | €21,170 | €7,070 | -€14,100 | -66.6% |
| Other operating charges | 640/8 | €868 | €868 | = | 0.0% |
| Gross operating margin | 9900 | €34,678 | €11,277 | -€23,401 | -67.5% |
| Operating profit (loss) | 9901 | €33,810 | €10,409 | -€23,401 | -69.2% |
| Financial income | 75/76B | - | €1,752 | +€1,752 | |
| Recurring financial income | 75 | - | €1,752 | +€1,752 | |
| Financial charges | 65/66B | - | €726 | +€726 | |
| Recurring financial charges | 65 | - | €726 | +€726 | |
| Profit (loss) for the period before taxes | 9903 | €33,810 | €11,435 | -€22,375 | -66.2% |
| Income taxes | 67/77 | -€3,307 | €2,546 | +€5,853 | |
| Profit (loss) for the period | 9904 | €37,117 | €8,889 | -€28,228 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,117 | €8,889 | -€28,228 | -76.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.