TILIAE: 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.
TILIAE
Largest movements
- Tangible fixed assets -€78,261
down €78,261 (-4.2%), from €1.9m to €1.8m
of which Other tangible fixed assets: -€65,123
- Cash -€35,574
down €35,574 (-38.5%), from €92,493 to €56,919
mainly Debts after one year (-€100,000) and Net result for the year (-€8,145)
- Debts after one year -€100,000
down €100,000 (-15.3%), from €653,750 to €553,750
- Gross operating margin -€3,503
down €3,503 (-4.6%), from €75,909 to €72,405
- Depreciation -€1,819
down €1,819 (-2.3%), from €80,080 to €78,261
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 | €1,958,432 | €1,843,722 | -€114,710 | -5.9% |
| Fixed assets | 21/28 | €1,860,665 | €1,782,404 | -€78,261 | -4.2% |
| Tangible fixed assets | 22/27 | €1,860,415 | €1,782,154 | -€78,261 | -4.2% |
| Land and buildings | 22 | €397,051 | €389,835 | -€7,216 | -1.8% |
| Plant, machinery and equipment | 23 | €1,333 | €974 | -€359 | -27.0% |
| Furniture and vehicles | 24 | €21,375 | €15,813 | -€5,563 | -26.0% |
| Other tangible fixed assets | 26 | €1,440,656 | €1,375,533 | -€65,123 | -4.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €97,766 | €61,318 | -€36,448 | -37.3% |
| Amounts receivable within one year | 40/41 | €884 | €127 | -€757 | -85.7% |
| Trade receivables | 40 | €831 | - | -€831 | |
| Other amounts receivable | 41 | €53 | €127 | +€74 | +141% |
| Cash at bank and in hand | 54/58 | €92,493 | €56,919 | -€35,574 | -38.5% |
| Deferred charges and accrued income | 490/1 | €4,390 | €4,272 | -€118 | -2.7% |
| Total equity and liabilities | 10/49 | €1,958,432 | €1,843,722 | -€114,710 | -5.9% |
| Equity | 10/15 | €1,098,081 | €1,089,936 | -€8,145 | -0.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €404,483 | €388,801 | -€15,682 | -3.9% |
| Tax-exempt reserves | 132 | €376,839 | €361,157 | -€15,682 | -4.2% |
| Distributable reserves | 133 | €27,644 | €27,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€306,402 | -€298,865 | +€7,537 | +2.5% |
| Provisions and deferred taxes | 16 | €194,043 | €185,968 | -€8,075 | -4.2% |
| Deferred taxes | 168 | €194,043 | €185,968 | -€8,075 | -4.2% |
| Amounts payable | 17/49 | €666,308 | €567,818 | -€98,490 | -14.8% |
| Amounts payable after more than one year | 17 | €653,750 | €553,750 | -€100,000 | -15.3% |
| Other amounts payable | 178/9 | €653,750 | €553,750 | -€100,000 | -15.3% |
| Amounts payable within one year | 42/48 | €5,382 | €12,669 | +€7,286 | +135% |
| Trade debts | 44 | €4,682 | €11,869 | +€7,186 | +153% |
| Suppliers | 440/4 | €4,682 | €11,869 | +€7,186 | +153% |
| Taxes, remuneration and social security | 45 | €700 | €800 | +€100 | +14.3% |
| Remuneration and social security | 454/9 | €700 | €800 | +€100 | +14.3% |
| Accrued charges and deferred income | 492/3 | €7,175 | €1,399 | -€5,776 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,080 | €78,261 | -€1,819 | -2.3% |
| Other operating charges | 640/8 | €10,630 | €10,743 | +€113 | +1.1% |
| Gross operating margin | 9900 | €75,909 | €72,405 | -€3,503 | -4.6% |
| Operating profit (loss) | 9901 | -€14,802 | -€16,599 | -€1,797 | -12.1% |
| Financial income | 75/76B | €175 | €422 | +€247 | +141% |
| Recurring financial income | 75 | €175 | €422 | +€247 | +141% |
| Financial charges | 65/66B | €40 | €44 | +€4 | +9.5% |
| Recurring financial charges | 65 | €40 | €44 | +€4 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,667 | -€16,220 | -€1,553 | -10.6% |
| Transfer from deferred taxes | 780 | €8,075 | €8,075 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,592 | -€8,145 | -€1,553 | -23.6% |
| Transfer from tax-exempt reserves | 789 | €15,682 | €15,682 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,090 | €7,537 | -€1,553 | -17.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.