TILIA: 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.
TILIA
Largest movements
- Tangible fixed assets -€45,186
down €45,186 (-9.8%), from €461,918 to €416,732
- Receivables within one year -€17,469
down €17,469 (-56.5%), from €30,922 to €13,453
of which Trade receivables: -€15,870
- Profit (loss) carried forward -€26,645
new in 2025: -€26,645
- Reserves -€21,096
down €21,096 (-42.4%), from €49,781 to €28,684
of which Distributable reserves: -€21,096
- Debts after one year +€13,500
up €13,500 (+12.7%), from €106,500 to €120,000
- Trade debts -€10,701
down €10,701 (-95.3%), from €11,228 to €528
- Current portion of long-term debt -€8,060
down €8,060 (-100%), from €8,060 to €0
- Gross operating margin -€57,014
down €57,014 (-82.0%), from €69,526 to €12,513
- Depreciation +€5,511
up €5,511 (+12.7%), from €43,444 to €48,956
- Financial charges +€1,670
up €1,670 (+49.9%), from €3,348 to €5,018
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.
Derived cash bridge
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 | €519,507 | €461,946 | -€57,561 | -11.1% |
| Fixed assets | 21/28 | €476,918 | €431,732 | -€45,186 | -9.5% |
| Tangible fixed assets | 22/27 | €461,918 | €416,732 | -€45,186 | -9.8% |
| Land and buildings | 22 | €311,252 | €309,894 | -€1,358 | -0.4% |
| Plant, machinery and equipment | 23 | €114,046 | €97,585 | -€16,461 | -14.4% |
| Furniture and vehicles | 24 | €14,987 | €9,253 | -€5,734 | -38.3% |
| Assets under construction and advance payments | 27 | €21,633 | €0 | -€21,633 | -100% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €42,589 | €30,213 | -€12,376 | -29.1% |
| Stocks and contracts in progress | 3 | €3,500 | €6,050 | +€2,550 | +72.9% |
| Stocks | 30/36 | €3,500 | €6,050 | +€2,550 | +72.9% |
| Amounts receivable within one year | 40/41 | €30,922 | €13,453 | -€17,469 | -56.5% |
| Trade receivables | 40 | €28,976 | €13,105 | -€15,870 | -54.8% |
| Other amounts receivable | 41 | €1,947 | €348 | -€1,599 | -82.1% |
| Cash at bank and in hand | 54/58 | €7,001 | €10,185 | +€3,184 | +45.5% |
| Deferred charges and accrued income | 490/1 | €1,166 | €526 | -€640 | -54.9% |
| Total equity and liabilities | 10/49 | €519,507 | €461,946 | -€57,561 | -11.1% |
| Equity | 10/15 | €360,881 | €313,139 | -€47,741 | -13.2% |
| Contributions | 10/11 | €311,100 | €311,100 | = | 0.0% |
| Reserves | 13 | €49,781 | €28,684 | -€21,096 | -42.4% |
| Tax-exempt reserves | 132 | €6,284 | €6,284 | = | 0.0% |
| Distributable reserves | 133 | €43,496 | €22,400 | -€21,096 | -48.5% |
| Profit (loss) carried forward | 14 | - | -€26,645 | -€26,645 | |
| Amounts payable | 17/49 | €158,627 | €148,806 | -€9,820 | -6.2% |
| Amounts payable after more than one year | 17 | €106,500 | €120,000 | +€13,500 | +12.7% |
| Financial debts | 170/4 | €106,500 | €120,000 | +€13,500 | +12.7% |
| Amounts payable within one year | 42/48 | €50,463 | €28,806 | -€21,656 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €8,060 | €0 | -€8,060 | -100% |
| Financial debts | 43 | €174 | €0 | -€174 | -100% |
| Credit institutions | 430/8 | €174 | €0 | -€174 | -100% |
| Trade debts | 44 | €11,228 | €528 | -€10,701 | -95.3% |
| Suppliers | 440/4 | €11,228 | €528 | -€10,701 | -95.3% |
| Taxes, remuneration and social security | 45 | €3,650 | €8,708 | +€5,059 | +139% |
| Taxes | 450/3 | €3,650 | €8,708 | +€5,059 | +139% |
| Other amounts payable | 47/48 | €27,351 | €19,570 | -€7,781 | -28.4% |
| Accrued charges and deferred income | 492/3 | €1,664 | €0 | -€1,664 | -100% |
| Non-recurring operating income | 76A | €38,929 | €0 | -€38,929 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,444 | €48,956 | +€5,511 | +12.7% |
| Other operating charges | 640/8 | €5,956 | €6,139 | +€183 | +3.1% |
| Gross operating margin | 9900 | €69,526 | €12,513 | -€57,014 | -82.0% |
| Operating profit (loss) | 9901 | €20,126 | -€42,582 | -€62,708 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,348 | €5,018 | +€1,670 | +49.9% |
| Recurring financial charges | 65 | €3,348 | €5,018 | +€1,670 | +49.9% |
| Profit (loss) for the period before taxes | 9903 | €16,778 | -€47,600 | -€64,378 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €16,638 | -€47,741 | -€64,379 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,638 | -€47,741 | -€64,379 |
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 23 October 2026 via checked.be.