Tilicho: 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.
Tilicho
Largest movements
- Receivables within one year -€36,513
down €36,513 (-73.6%), from €49,580 to €13,067
of which Trade receivables: -€33,643
- Cash +€4,056
up €4,056 (+17.6%), from €23,088 to €27,143
mainly Receivables within one year (+€36,513) and Tax, wage and social debts (+€4,354)
- Tangible fixed assets -€1,495
down €1,495 (-34.2%), from €4,376 to €2,881
- Deferred charges and accrued income -€1,000
down €1,000 (-97.1%), from €1,030 to €30
- Profit (loss) carried forward -€37,679
down €37,679 (-55.2%), from €68,246 to €30,567
- Tax, wage and social debts +€4,354
up €4,354 (+481.7%), from €904 to €5,258
of which Taxes: +€4,213
- Trade debts -€1,703
down €1,703 (-50.6%), from €3,367 to €1,664
- Gross operating margin -€16,470
down €16,470 (-404.8%), from -€4,069 to -€20,539
- Depreciation +€257
up €257 (+20.8%), from €1,238 to €1,495
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 | €78,073 | €43,120 | -€34,953 | -44.8% |
| Fixed assets | 21/28 | €4,376 | €2,881 | -€1,495 | -34.2% |
| Tangible fixed assets | 22/27 | €4,376 | €2,881 | -€1,495 | -34.2% |
| Furniture and vehicles | 24 | €4,376 | €2,881 | -€1,495 | -34.2% |
| Current assets | 29/58 | €73,697 | €40,240 | -€33,457 | -45.4% |
| Amounts receivable within one year | 40/41 | €49,580 | €13,067 | -€36,513 | -73.6% |
| Trade receivables | 40 | €41,710 | €8,067 | -€33,643 | -80.7% |
| Other amounts receivable | 41 | €7,870 | €5,000 | -€2,870 | -36.5% |
| Cash at bank and in hand | 54/58 | €23,088 | €27,143 | +€4,056 | +17.6% |
| Deferred charges and accrued income | 490/1 | €1,030 | €30 | -€1,000 | -97.1% |
| Total equity and liabilities | 10/49 | €78,073 | €43,120 | -€34,953 | -44.8% |
| Equity | 10/15 | €71,246 | €33,567 | -€37,679 | -52.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,246 | €30,567 | -€37,679 | -55.2% |
| Amounts payable | 17/49 | €6,827 | €9,553 | +€2,726 | +39.9% |
| Amounts payable within one year | 42/48 | €6,827 | €9,553 | +€2,726 | +39.9% |
| Trade debts | 44 | €3,367 | €1,664 | -€1,703 | -50.6% |
| Suppliers | 440/4 | €3,367 | €1,664 | -€1,703 | -50.6% |
| Taxes, remuneration and social security | 45 | €904 | €5,258 | +€4,354 | +481.7% |
| Taxes | 450/3 | €0 | €4,213 | +€4,213 | |
| Remuneration and social security | 454/9 | €904 | €1,045 | +€141 | +15.6% |
| Other amounts payable | 47/48 | €2,557 | €2,632 | +€76 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,238 | €1,495 | +€257 | +20.8% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | -€4,069 | -€20,539 | -€16,470 | -404.8% |
| Operating profit (loss) | 9901 | -€5,876 | -€22,620 | -€16,744 | -284.9% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €87 | €73 | -€14 | -15.9% |
| Recurring financial charges | 65 | €87 | €73 | -€14 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,963 | -€22,679 | -€16,716 | -280.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€5,963 | -€22,679 | -€16,716 | -280.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,963 | -€22,679 | -€16,716 | -280.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.