TILLEUILOVIC: 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.
TILLEUILOVIC
Largest movements
- Receivables after one year +€55,000
new in 2024: €55,000
- Cash -€21,461
down €21,461 (-83.4%), from €25,731 to €4,270
mainly Receivables after one year (-€55,000) and Net result for the year (-€23,847)
- Receivables within one year -€17,757
down €17,757 (-83.9%), from €21,175 to €3,418
of which Trade receivables: -€18,138
- Tangible fixed assets +€3,817
up €3,817, from €0 to €3,817
- Deferred charges and accrued income +€1,867
up €1,867 (+487%), from €384 to €2,251
- Debts after one year +€50,000
new in 2024: €50,000
- Reserves -€23,847
down €23,847 (-72.9%), from €32,718 to €8,870
- Tax, wage and social debts -€5,606
down €5,606 (-75.6%), from €7,413 to €1,807
of which Taxes: -€6,643
- Short-term financial debts -€1,218
down €1,218 (-60.6%), from €2,011 to €793
- Other debts +€1,044
up €1,044 (+90.1%), from €1,158 to €2,202
- Gross operating margin -€27,857
down €27,857, from €25,197 to -€2,661
- Staff costs +€19,556
new in 2024: €19,556
- Taxes -€4,842
down €4,842 (-94.9%), from €5,101 to €260
- Depreciation -€3,659
down €3,659 (-83.6%), from €4,376 to €718
- Financial income +€2,214
up €2,214 (+5,225%), from €42 to €2,256
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,290 | €68,757 | +€21,467 | +45.4% |
| Fixed assets | 21/28 | €0 | €3,817 | +€3,817 | |
| Tangible fixed assets | 22/27 | €0 | €3,817 | +€3,817 | |
| Furniture and vehicles | 24 | €0 | €3,817 | +€3,817 | |
| Current assets | 29/58 | €47,290 | €64,939 | +€17,650 | +37.3% |
| Amounts receivable after more than one year | 29 | - | €55,000 | +€55,000 | |
| Other amounts receivable | 291 | - | €55,000 | +€55,000 | |
| Amounts receivable within one year | 40/41 | €21,175 | €3,418 | -€17,757 | -83.9% |
| Trade receivables | 40 | €21,175 | €3,037 | -€18,138 | -85.7% |
| Other amounts receivable | 41 | €0 | €381 | +€381 | |
| Cash at bank and in hand | 54/58 | €25,731 | €4,270 | -€21,461 | -83.4% |
| Deferred charges and accrued income | 490/1 | €384 | €2,251 | +€1,867 | +487% |
| Total equity and liabilities | 10/49 | €47,290 | €68,757 | +€21,467 | +45.4% |
| Equity | 10/15 | €35,718 | €11,870 | -€23,847 | -66.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,718 | €8,870 | -€23,847 | -72.9% |
| Distributable reserves | 133 | €32,718 | €8,870 | -€23,847 | -72.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,572 | €56,886 | +€45,314 | +392% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €11,572 | €5,943 | -€5,629 | -48.6% |
| Financial debts | 43 | €2,011 | €793 | -€1,218 | -60.6% |
| Credit institutions | 430/8 | €2,011 | €793 | -€1,218 | -60.6% |
| Trade debts | 44 | €990 | €1,141 | +€151 | +15.3% |
| Suppliers | 440/4 | €990 | €1,141 | +€151 | +15.3% |
| Taxes, remuneration and social security | 45 | €7,413 | €1,807 | -€5,606 | -75.6% |
| Taxes | 450/3 | €7,413 | €770 | -€6,643 | -89.6% |
| Remuneration and social security | 454/9 | - | €1,037 | +€1,037 | |
| Other amounts payable | 47/48 | €1,158 | €2,202 | +€1,044 | +90.1% |
| Accrued charges and deferred income | 492/3 | - | €944 | +€944 | |
| Remuneration, social security and pensions | 62 | - | €19,556 | +€19,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,376 | €718 | -€3,659 | -83.6% |
| Other operating charges | 640/8 | €1,056 | €1,516 | +€460 | +43.6% |
| Gross operating margin | 9900 | €25,197 | -€2,661 | -€27,857 | |
| Operating profit (loss) | 9901 | €19,764 | -€24,451 | -€44,215 | |
| Financial income | 75/76B | €42 | €2,256 | +€2,214 | +5,225% |
| Recurring financial income | 75 | €42 | €2,256 | +€2,214 | +5,225% |
| Financial charges | 65/66B | €330 | €1,393 | +€1,063 | +322% |
| Recurring financial charges | 65 | €330 | €1,393 | +€1,063 | +322% |
| Profit (loss) for the period before taxes | 9903 | €19,477 | -€23,587 | -€43,064 | |
| Income taxes | 67/77 | €5,101 | €260 | -€4,842 | -94.9% |
| Profit (loss) for the period | 9904 | €14,375 | -€23,847 | -€38,222 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,375 | -€23,847 | -€38,222 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.