TILLBO: 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.
TILLBO
Largest movements
- Tangible fixed assets +€50,002
up €50,002 (+19.5%), from €256,529 to €306,531
of which Furniture and vehicles: +€92,533
- Receivables within one year +€41,554
up €41,554 (+76.4%), from €54,374 to €95,928
of which Other amounts receivable: +€24,298
- Cash +€41,377
up €41,377 (+239%), from €17,320 to €58,697
mainly Other debts (+€129,024) and Net result for the year (+€117,799)
- Other debts +€129,024
up €129,024 (+262%), from €49,174 to €178,198
- Reserves -€42,201
down €42,201 (-47.3%), from €89,278 to €47,077
of which Distributable reserves: -€42,201
- Debts after one year +€19,458
up €19,458 (+15.0%), from €130,047 to €149,505
- Trade debts +€16,646
up €16,646 (+300%), from €5,546 to €22,192
- Current portion of long-term debt +€10,190
up €10,190 (+27.0%), from €37,772 to €47,962
- Gross operating margin +€101,503
up €101,503 (+85.5%), from €118,723 to €220,226
- Taxes +€20,891
up €20,891 (+203%), from €10,286 to €31,177
- Depreciation -€5,046
down €5,046 (-7.6%), from €65,973 to €60,927
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 | €332,173 | €464,751 | +€132,578 | +39.9% |
| Fixed assets | 21/28 | €256,530 | €306,532 | +€50,002 | +19.5% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -22.2% |
| Tangible fixed assets | 22/27 | €256,529 | €306,531 | +€50,002 | +19.5% |
| Plant, machinery and equipment | 23 | €22,284 | €20,244 | -€2,040 | -9.2% |
| Furniture and vehicles | 24 | €36,095 | €128,628 | +€92,533 | +256% |
| Leasing and similar rights | 25 | €178,857 | €141,433 | -€37,424 | -20.9% |
| Other tangible fixed assets | 26 | €19,294 | €16,227 | -€3,067 | -15.9% |
| Current assets | 29/58 | €75,643 | €158,219 | +€82,576 | +109% |
| Amounts receivable within one year | 40/41 | €54,374 | €95,928 | +€41,554 | +76.4% |
| Trade receivables | 40 | €48,359 | €65,615 | +€17,256 | +35.7% |
| Other amounts receivable | 41 | €6,015 | €30,313 | +€24,298 | +404% |
| Cash at bank and in hand | 54/58 | €17,320 | €58,697 | +€41,377 | +239% |
| Deferred charges and accrued income | 490/1 | €3,948 | €3,594 | -€355 | -9.0% |
| Total equity and liabilities | 10/49 | €332,173 | €464,751 | +€132,578 | +39.9% |
| Equity | 10/15 | €107,878 | €65,677 | -€42,201 | -39.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,278 | €47,077 | -€42,201 | -47.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €89,278 | €47,077 | -€42,201 | -47.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €224,294 | €399,074 | +€174,779 | +77.9% |
| Amounts payable after more than one year | 17 | €130,047 | €149,505 | +€19,458 | +15.0% |
| Financial debts | 170/4 | €130,047 | €149,505 | +€19,458 | +15.0% |
| Amounts payable within one year | 42/48 | €92,945 | €248,391 | +€155,446 | +167% |
| Current portion of amounts payable after more than one year | 42 | €37,772 | €47,962 | +€10,190 | +27.0% |
| Trade debts | 44 | €5,546 | €22,192 | +€16,646 | +300% |
| Suppliers | 440/4 | €5,546 | €22,192 | +€16,646 | +300% |
| Taxes, remuneration and social security | 45 | €453 | €39 | -€414 | -91.4% |
| Taxes | 450/3 | €453 | €39 | -€414 | -91.4% |
| Other amounts payable | 47/48 | €49,174 | €178,198 | +€129,024 | +262% |
| Accrued charges and deferred income | 492/3 | €1,302 | €1,178 | -€124 | -9.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,973 | €60,927 | -€5,046 | -7.6% |
| Other operating charges | 640/8 | €5,314 | €4,160 | -€1,155 | -21.7% |
| Non-recurring operating charges | 66A | €8,276 | €0 | -€8,276 | -100% |
| Gross operating margin | 9900 | €118,723 | €220,226 | +€101,503 | +85.5% |
| Operating profit (loss) | 9901 | €39,159 | €155,139 | +€115,980 | +296% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,836 | €6,163 | -€673 | -9.8% |
| Recurring financial charges | 65 | €6,836 | €6,163 | -€673 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €32,324 | €148,976 | +€116,653 | +361% |
| Income taxes | 67/77 | €10,286 | €31,177 | +€20,891 | +203% |
| Profit (loss) for the period | 9904 | €22,037 | €117,799 | +€95,762 | +435% |
| Profit (loss) for the period to be appropriated | 9905 | €22,037 | €117,799 | +€95,762 | +435% |
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 19 October 2026 via checked.be.