TILIX: 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.
TILIX
Largest movements
- Tangible fixed assets +€52,796
up €52,796 (+149%), from €35,392 to €88,188
of which Furniture and vehicles: +€52,919
- Cash -€7,269
down €7,269 (-21.6%), from €33,729 to €26,460
mainly Investment in fixed assets (net) (-€53,709) and Contributions, distributions and other (-€27,500)
- Receivables within one year +€5,288
up €5,288 (+18.2%), from €28,997 to €34,284
of which Trade receivables: +€8,068
- Debts after one year +€35,113
new in 2025: €35,113
- Other debts +€29,757
up €29,757 (+1,088%), from €2,734 to €32,490
- Reserves -€18,000
down €18,000 (-25.0%), from €72,000 to €54,000
- Current portion of long-term debt +€11,511
new in 2025: €11,511
- Tax, wage and social debts -€5,342
down €5,342 (-49.8%), from €10,728 to €5,386
of which Taxes: -€5,342
- Gross operating margin -€21,207
down €21,207 (-69.0%), from €30,715 to €9,508
- Write-downs -€11,813
no longer reported in 2025 (was €11,813)
- Financial charges -€5,601
down €5,601, from €673 to -€4,928
- Taxes +€2,359
up €2,359 (+560%), from €421 to €2,780
- Depreciation -€1,595
down €1,595 (-63.6%), from €2,508 to €913
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 | €100,136 | €152,277 | +€52,141 | +52.1% |
| Fixed assets | 21/28 | €35,392 | €88,188 | +€52,796 | +149% |
| Tangible fixed assets | 22/27 | €35,392 | €88,188 | +€52,796 | +149% |
| Land and buildings | 22 | €28,000 | €28,000 | = | 0.0% |
| Furniture and vehicles | 24 | €7,145 | €60,064 | +€52,919 | +741% |
| Other tangible fixed assets | 26 | €247 | €124 | -€124 | -50.0% |
| Current assets | 29/58 | €64,743 | €64,089 | -€654 | -1.0% |
| Amounts receivable within one year | 40/41 | €28,997 | €34,284 | +€5,288 | +18.2% |
| Trade receivables | 40 | €8,177 | €16,244 | +€8,068 | +98.7% |
| Other amounts receivable | 41 | €20,820 | €18,040 | -€2,780 | -13.4% |
| Current investments | 50/53 | €1,835 | €1,845 | +€10 | +0.5% |
| Cash at bank and in hand | 54/58 | €33,729 | €26,460 | -€7,269 | -21.6% |
| Deferred charges and accrued income | 490/1 | €182 | €1,500 | +€1,318 | +723% |
| Total equity and liabilities | 10/49 | €100,136 | €152,277 | +€52,141 | +52.1% |
| Equity | 10/15 | €82,414 | €64,858 | -€17,556 | -21.3% |
| Contributions | 10/11 | €8,065 | €8,065 | = | 0.0% |
| Reserves | 13 | €72,000 | €54,000 | -€18,000 | -25.0% |
| Distributable reserves | 133 | €72,000 | €54,000 | -€18,000 | -25.0% |
| Profit (loss) carried forward | 14 | €2,348 | €2,793 | +€444 | +18.9% |
| Amounts payable | 17/49 | €17,722 | €87,419 | +€69,697 | +393% |
| Amounts payable after more than one year | 17 | - | €35,113 | +€35,113 | |
| Financial debts | 170/4 | - | €35,113 | +€35,113 | |
| Amounts payable within one year | 42/48 | €17,722 | €52,306 | +€34,584 | +195% |
| Current portion of amounts payable after more than one year | 42 | - | €11,511 | +€11,511 | |
| Trade debts | 44 | €4,260 | €2,919 | -€1,342 | -31.5% |
| Suppliers | 440/4 | €4,260 | €2,919 | -€1,342 | -31.5% |
| Taxes, remuneration and social security | 45 | €10,728 | €5,386 | -€5,342 | -49.8% |
| Taxes | 450/3 | €8,828 | €3,486 | -€5,342 | -60.5% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | €2,734 | €32,490 | +€29,757 | +1,088% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,508 | €913 | -€1,595 | -63.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,813 | - | -€11,813 | |
| Other operating charges | 640/8 | €1,518 | €802 | -€716 | -47.2% |
| Gross operating margin | 9900 | €30,715 | €9,508 | -€21,207 | -69.0% |
| Operating profit (loss) | 9901 | €14,876 | €7,792 | -€7,083 | -47.6% |
| Financial income | 75/76B | €27 | €4 | -€23 | -84.6% |
| Recurring financial income | 75 | €27 | €4 | -€23 | -84.6% |
| Financial charges | 65/66B | €673 | -€4,928 | -€5,601 | |
| Recurring financial charges | 65 | €673 | -€4,928 | -€5,601 | |
| Profit (loss) for the period before taxes | 9903 | €14,230 | €12,724 | -€1,506 | -10.6% |
| Income taxes | 67/77 | €421 | €2,780 | +€2,359 | +560% |
| Profit (loss) for the period | 9904 | €13,809 | €9,944 | -€3,865 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,809 | €9,944 | -€3,865 | -28.0% |
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 14 October 2026 via checked.be.