TILIKO: 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.
TILIKO
Largest movements
- Current investments +€7,535
up €7,535 (+59.5%), from €12,667 to €20,201
- Tangible fixed assets -€5,576
down €5,576 (-4.9%), from €114,387 to €108,811
of which Land and buildings: -€4,598
- Deferred charges and accrued income -€5,507
down €5,507 (-91.5%), from €6,019 to €512
- Receivables within one year -€4,397
down €4,397 (-97.7%), from €4,502 to €105
- Cash +€3,314
new in 2025: €3,314
mainly Net result for the year (+€7,386) and Depreciation (+€5,576)
- Debts after one year -€8,958
down €8,958 (-21.1%), from €42,490 to €33,532
- Reserves +€3,000
up €3,000 (+9.7%), from €31,023 to €34,023
- Gross operating margin -€11,007
down €11,007 (-35.8%), from €30,715 to €19,708
- Taxes -€3,089
down €3,089 (-47.4%), from €6,515 to €3,426
- Depreciation -€982
down €982 (-15.0%), from €6,558 to €5,576
- Financial charges -€345
down €345 (-14.6%), from €2,359 to €2,014
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 | €137,575 | €132,944 | -€4,632 | -3.4% |
| Fixed assets | 21/28 | €114,387 | €108,811 | -€5,576 | -4.9% |
| Tangible fixed assets | 22/27 | €114,387 | €108,811 | -€5,576 | -4.9% |
| Land and buildings | 22 | €96,296 | €91,697 | -€4,598 | -4.8% |
| Plant, machinery and equipment | 23 | €18,092 | €17,114 | -€978 | -5.4% |
| Current assets | 29/58 | €23,188 | €24,133 | +€945 | +4.1% |
| Amounts receivable within one year | 40/41 | €4,502 | €105 | -€4,397 | -97.7% |
| Other amounts receivable | 41 | €4,502 | €105 | -€4,397 | -97.7% |
| Current investments | 50/53 | €12,667 | €20,201 | +€7,535 | +59.5% |
| Cash at bank and in hand | 54/58 | - | €3,314 | +€3,314 | |
| Deferred charges and accrued income | 490/1 | €6,019 | €512 | -€5,507 | -91.5% |
| Total equity and liabilities | 10/49 | €137,575 | €132,944 | -€4,632 | -3.4% |
| Equity | 10/15 | €78,970 | €82,356 | +€3,386 | +4.3% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €31,023 | €34,023 | +€3,000 | +9.7% |
| Distributable reserves | 133 | €31,023 | €34,023 | +€3,000 | +9.7% |
| Profit (loss) carried forward | 14 | €19,947 | €20,333 | +€386 | +1.9% |
| Amounts payable | 17/49 | €58,605 | €50,588 | -€8,017 | -13.7% |
| Amounts payable after more than one year | 17 | €42,490 | €33,532 | -€8,958 | -21.1% |
| Financial debts | 170/4 | €42,490 | €33,532 | -€8,958 | -21.1% |
| Amounts payable within one year | 42/48 | €16,042 | €16,971 | +€930 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €8,649 | €8,958 | +€309 | +3.6% |
| Trade debts | 44 | €2,951 | €3,072 | +€121 | +4.1% |
| Suppliers | 440/4 | €2,951 | €3,072 | +€121 | +4.1% |
| Taxes, remuneration and social security | 45 | €3,995 | €3,995 | = | 0.0% |
| Taxes | 450/3 | €3,995 | €3,995 | = | 0.0% |
| Other amounts payable | 47/48 | €447 | €947 | +€500 | +111.8% |
| Accrued charges and deferred income | 492/3 | €74 | €85 | +€11 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,558 | €5,576 | -€982 | -15.0% |
| Other operating charges | 640/8 | €1,374 | €1,410 | +€36 | +2.7% |
| Gross operating margin | 9900 | €30,715 | €19,708 | -€11,007 | -35.8% |
| Operating profit (loss) | 9901 | €22,783 | €12,722 | -€10,061 | -44.2% |
| Financial income | 75/76B | €67 | €104 | +€37 | +54.6% |
| Recurring financial income | 75 | €67 | €104 | +€37 | +54.6% |
| Financial charges | 65/66B | €2,359 | €2,014 | -€345 | -14.6% |
| Recurring financial charges | 65 | €2,359 | €2,014 | -€345 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €20,491 | €10,811 | -€9,679 | -47.2% |
| Income taxes | 67/77 | €6,515 | €3,426 | -€3,089 | -47.4% |
| Profit (loss) for the period | 9904 | €13,976 | €7,386 | -€6,590 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,976 | €7,386 | -€6,590 | -47.2% |
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 30 September 2026 via checked.be.