TILIBADI: 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.
TILIBADI
Largest movements
- Tangible fixed assets +€982,464
new in 2025: €982,464
- Stocks and contracts -€809,913
down €809,913 (-100%), from €809,913 to €0
- Receivables within one year -€39,836
down €39,836 (-27.3%), from €146,035 to €106,200
of which Trade receivables: -€48,121
- Cash +€39,521
up €39,521 (+284%), from €13,900 to €53,421
mainly Stocks and contracts (+€809,913) and Debts after one year (+€184,420)
- Debts after one year +€184,420
up €184,420 (+49.9%), from €369,432 to €553,852
- Trade debts +€44,961
up €44,961, from €0 to €44,961
- Other debts -€32,200
down €32,200 (-6.9%), from €467,905 to €435,704
- Tax, wage and social debts -€27,349
down €27,349 (-99.1%), from €27,584 to €235
- Gross operating margin -€33,172
down €33,172 (-73.2%), from €45,331 to €12,159
- Financial charges +€9,014
up €9,014 (+121%), from €7,440 to €16,454
- Taxes -€8,568
down €8,568 (-97.3%), from €8,803 to €235
- Financial income -€566
down €566 (-9.3%), from €6,063 to €5,497
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 | €972,357 | €1,143,167 | +€170,810 | +17.6% |
| Fixed assets | 21/28 | - | €982,464 | +€982,464 | |
| Tangible fixed assets | 22/27 | - | €982,464 | +€982,464 | |
| Land and buildings | 22 | - | €982,464 | +€982,464 | |
| Current assets | 29/58 | €972,357 | €160,703 | -€811,654 | -83.5% |
| Stocks and contracts in progress | 3 | €809,913 | €0 | -€809,913 | -100% |
| Stocks | 30/36 | €809,913 | €0 | -€809,913 | -100% |
| Amounts receivable within one year | 40/41 | €146,035 | €106,200 | -€39,836 | -27.3% |
| Trade receivables | 40 | €54,000 | €5,879 | -€48,121 | -89.1% |
| Other amounts receivable | 41 | €92,035 | €100,320 | +€8,285 | +9.0% |
| Cash at bank and in hand | 54/58 | €13,900 | €53,421 | +€39,521 | +284% |
| Deferred charges and accrued income | 490/1 | €2,508 | €1,082 | -€1,426 | -56.9% |
| Total equity and liabilities | 10/49 | €972,357 | €1,143,167 | +€170,810 | +17.6% |
| Equity | 10/15 | €97,731 | €98,573 | +€841 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €77,731 | €78,573 | +€841 | +1.1% |
| Distributable reserves | 133 | €77,731 | €78,573 | +€841 | +1.1% |
| Amounts payable | 17/49 | €874,625 | €1,044,594 | +€169,969 | +19.4% |
| Amounts payable after more than one year | 17 | €369,432 | €553,852 | +€184,420 | +49.9% |
| Financial debts | 170/4 | €369,432 | €553,852 | +€184,420 | +49.9% |
| Amounts payable within one year | 42/48 | €505,193 | €490,742 | -€14,451 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €9,705 | €9,842 | +€137 | +1.4% |
| Trade debts | 44 | €0 | €44,961 | +€44,961 | |
| Suppliers | 440/4 | €0 | €44,961 | +€44,961 | |
| Taxes, remuneration and social security | 45 | €27,584 | €235 | -€27,349 | -99.1% |
| Taxes | 450/3 | €27,584 | €235 | -€27,349 | -99.1% |
| Other amounts payable | 47/48 | €467,905 | €435,704 | -€32,200 | -6.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €139 | €126 | -€13 | -9.6% |
| Gross operating margin | 9900 | €45,331 | €12,159 | -€33,172 | -73.2% |
| Operating profit (loss) | 9901 | €45,192 | €12,033 | -€33,159 | -73.4% |
| Financial income | 75/76B | €6,063 | €5,497 | -€566 | -9.3% |
| Recurring financial income | 75 | €6,063 | €5,497 | -€566 | -9.3% |
| Financial charges | 65/66B | €7,440 | €16,454 | +€9,014 | +121% |
| Recurring financial charges | 65 | €7,440 | €16,454 | +€9,014 | +121% |
| Profit (loss) for the period before taxes | 9903 | €43,815 | €1,076 | -€42,739 | -97.5% |
| Income taxes | 67/77 | €8,803 | €235 | -€8,568 | -97.3% |
| Profit (loss) for the period | 9904 | €35,012 | €841 | -€34,171 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,012 | €841 | -€34,171 | -97.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.