Tilexpert: 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.
Tilexpert
Largest movements
- Cash -€25,509
down €25,509 (-60.0%), from €42,525 to €17,016
mainly Trade debts (-€56,143) and Investment in fixed assets (net) (-€14,959)
- Receivables within one year -€14,921
down €14,921 (-31.1%), from €47,910 to €32,989
of which Trade receivables: -€17,308
- Deferred charges and accrued income -€6,440
down €6,440 (-59.7%), from €10,788 to €4,348
- Tangible fixed assets +€4,596
up €4,596 (+14.2%), from €32,374 to €36,970
of which Furniture and vehicles: +€4,884
- Receivables after one year -€1,445
down €1,445 (-100.0%), from €1,445 to €0
- Trade debts -€56,143
down €56,143 (-81.6%), from €68,831 to €12,688
- Current portion of long-term debt +€7,528
up €7,528 (+105.2%), from €7,157 to €14,685
- Reserves +€4,873
up €4,873 (+24.7%), from €19,708 to €24,581
- Tax, wage and social debts +€1,482
up €1,482 (+30.1%), from €4,929 to €6,411
- Gross operating margin +€5,826
up €5,826 (+33.7%), from €17,265 to €23,092
- Taxes +€1,482
up €1,482 (+81.9%), from €1,809 to €3,291
- Depreciation +€826
up €826 (+8.7%), from €9,536 to €10,362
- Financial charges -€424
down €424 (-15.9%), from €2,662 to €2,237
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 | €135,041 | €92,495 | -€42,546 | -31.5% |
| Fixed assets | 21/28 | €32,374 | €36,970 | +€4,596 | +14.2% |
| Tangible fixed assets | 22/27 | €32,374 | €36,970 | +€4,596 | +14.2% |
| Plant, machinery and equipment | 23 | €1,592 | €1,305 | -€287 | -18.1% |
| Furniture and vehicles | 24 | €30,782 | €35,666 | +€4,884 | +15.9% |
| Current assets | 29/58 | €102,667 | €55,525 | -€47,143 | -45.9% |
| Amounts receivable after more than one year | 29 | €1,445 | €0 | -€1,445 | -100.0% |
| Other amounts receivable | 291 | €1,445 | €0 | -€1,445 | -100.0% |
| Stocks and contracts in progress | 3 | - | €1,173 | +€1,173 | |
| Stocks | 30/36 | - | €1,173 | +€1,173 | |
| Amounts receivable within one year | 40/41 | €47,910 | €32,989 | -€14,921 | -31.1% |
| Trade receivables | 40 | €44,064 | €26,756 | -€17,308 | -39.3% |
| Other amounts receivable | 41 | €3,846 | €6,233 | +€2,387 | +62.1% |
| Cash at bank and in hand | 54/58 | €42,525 | €17,016 | -€25,509 | -60.0% |
| Deferred charges and accrued income | 490/1 | €10,788 | €4,348 | -€6,440 | -59.7% |
| Total equity and liabilities | 10/49 | €135,041 | €92,495 | -€42,546 | -31.5% |
| Equity | 10/15 | €32,108 | €36,981 | +€4,873 | +15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,708 | €24,581 | +€4,873 | +24.7% |
| Distributable reserves | 133 | €19,708 | €24,581 | +€4,873 | +24.7% |
| Amounts payable | 17/49 | €102,934 | €55,514 | -€47,420 | -46.1% |
| Amounts payable after more than one year | 17 | €19,998 | €19,343 | -€655 | -3.3% |
| Financial debts | 170/4 | €19,998 | €19,343 | -€655 | -3.3% |
| Amounts payable within one year | 42/48 | €82,935 | €35,858 | -€47,077 | -56.8% |
| Current portion of amounts payable after more than one year | 42 | €7,157 | €14,685 | +€7,528 | +105.2% |
| Trade debts | 44 | €68,831 | €12,688 | -€56,143 | -81.6% |
| Suppliers | 440/4 | €68,831 | €12,688 | -€56,143 | -81.6% |
| Taxes, remuneration and social security | 45 | €4,929 | €6,411 | +€1,482 | +30.1% |
| Taxes | 450/3 | €4,929 | €6,411 | +€1,482 | +30.1% |
| Other amounts payable | 47/48 | €2,018 | €2,074 | +€56 | +2.8% |
| Accrued charges and deferred income | 492/3 | €0 | €313 | +€313 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,536 | €10,362 | +€826 | +8.7% |
| Other operating charges | 640/8 | €2,373 | €2,335 | -€38 | -1.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €17,265 | €23,092 | +€5,826 | +33.7% |
| Operating profit (loss) | 9901 | €5,355 | €10,394 | +€5,039 | +94.1% |
| Financial income | 75/76B | €56 | €7 | -€48 | -86.7% |
| Recurring financial income | 75 | €56 | €7 | -€48 | -86.7% |
| Financial charges | 65/66B | €2,662 | €2,237 | -€424 | -15.9% |
| Recurring financial charges | 65 | €2,662 | €2,237 | -€424 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €2,750 | €8,164 | +€5,415 | +196.9% |
| Income taxes | 67/77 | €1,809 | €3,291 | +€1,482 | +81.9% |
| Profit (loss) for the period | 9904 | €941 | €4,873 | +€3,933 | +418.0% |
| Profit (loss) for the period to be appropriated | 9905 | €941 | €4,873 | +€3,933 | +418.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.