TILIKUM: 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.
TILIKUM
Largest movements
- Tangible fixed assets +€47,199
up €47,199 (+1482.4%), from €3,184 to €50,383
of which Furniture and vehicles: +€45,268
- Receivables within one year +€10,272
up €10,272 (+153.6%), from €6,687 to €16,958
of which Trade receivables: +€12,190
- Cash +€5,954
up €5,954 (+15.7%), from €37,922 to €43,876
mainly Net result for the year (+€28,379) and Debts after one year (+€23,655)
- Reserves +€28,300
up €28,300 (+257.3%), from €11,000 to €39,300
- Debts after one year +€23,655
new in 2025: €23,655
- Current portion of long-term debt +€6,923
new in 2025: €6,923
- Tax, wage and social debts +€5,713
up €5,713 (+40.4%), from €14,138 to €19,851
of which Taxes: +€5,867
- Gross operating margin +€31,566
up €31,566 (+193.1%), from €16,346 to €47,913
- Depreciation +€9,070
up €9,070 (+497.6%), from €1,823 to €10,893
- Taxes +€4,117
up €4,117 (+121.4%), from €3,392 to €7,510
- Financial charges +€998
up €998 (+1309.8%), from €76 to €1,075
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 | €48,016 | €111,735 | +€63,719 | +132.7% |
| Fixed assets | 21/28 | €3,184 | €50,383 | +€47,199 | +1482.4% |
| Tangible fixed assets | 22/27 | €3,184 | €50,383 | +€47,199 | +1482.4% |
| Furniture and vehicles | 24 | €3,184 | €48,452 | +€45,268 | +1421.7% |
| Other tangible fixed assets | 26 | - | €1,931 | +€1,931 | |
| Current assets | 29/58 | €44,832 | €61,352 | +€16,520 | +36.8% |
| Amounts receivable within one year | 40/41 | €6,687 | €16,958 | +€10,272 | +153.6% |
| Trade receivables | 40 | €4,339 | €16,528 | +€12,190 | +281.0% |
| Other amounts receivable | 41 | €2,348 | €430 | -€1,918 | -81.7% |
| Cash at bank and in hand | 54/58 | €37,922 | €43,876 | +€5,954 | +15.7% |
| Deferred charges and accrued income | 490/1 | €223 | €518 | +€295 | +132.1% |
| Total equity and liabilities | 10/49 | €48,016 | €111,735 | +€63,719 | +132.7% |
| Equity | 10/15 | €16,107 | €44,486 | +€28,379 | +176.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,000 | €39,300 | +€28,300 | +257.3% |
| Distributable reserves | 133 | €11,000 | €39,300 | +€28,300 | +257.3% |
| Profit (loss) carried forward | 14 | €107 | €186 | +€79 | +74.1% |
| Amounts payable | 17/49 | €31,909 | €67,249 | +€35,340 | +110.8% |
| Amounts payable after more than one year | 17 | - | €23,655 | +€23,655 | |
| Financial debts | 170/4 | - | €23,655 | +€23,655 | |
| Amounts payable within one year | 42/48 | €30,789 | €42,475 | +€11,685 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,923 | +€6,923 | |
| Financial debts | 43 | €111 | €225 | +€114 | +102.9% |
| Credit institutions | 430/8 | €111 | €225 | +€114 | +102.9% |
| Trade debts | 44 | €7,800 | €7,049 | -€751 | -9.6% |
| Suppliers | 440/4 | €7,800 | €7,049 | -€751 | -9.6% |
| Taxes, remuneration and social security | 45 | €14,138 | €19,851 | +€5,713 | +40.4% |
| Taxes | 450/3 | €11,585 | €17,452 | +€5,867 | +50.6% |
| Remuneration and social security | 454/9 | €2,552 | €2,399 | -€153 | -6.0% |
| Other amounts payable | 47/48 | €8,741 | €8,426 | -€315 | -3.6% |
| Accrued charges and deferred income | 492/3 | €1,120 | €1,120 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,823 | €10,893 | +€9,070 | +497.6% |
| Other operating charges | 640/8 | - | €175 | +€175 | |
| Gross operating margin | 9900 | €16,346 | €47,913 | +€31,566 | +193.1% |
| Operating profit (loss) | 9901 | €14,524 | €36,844 | +€22,321 | +153.7% |
| Financial income | 75/76B | €52 | €119 | +€67 | +130.2% |
| Recurring financial income | 75 | €52 | €119 | +€67 | +130.2% |
| Financial charges | 65/66B | €76 | €1,075 | +€998 | +1309.8% |
| Recurring financial charges | 65 | €76 | €1,075 | +€998 | +1309.8% |
| Profit (loss) for the period before taxes | 9903 | €14,499 | €35,889 | +€21,390 | +147.5% |
| Income taxes | 67/77 | €3,392 | €7,510 | +€4,117 | +121.4% |
| Profit (loss) for the period | 9904 | €11,107 | €28,379 | +€17,272 | +155.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,107 | €28,379 | +€17,272 | +155.5% |
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 9 October 2026 via checked.be.