TILLIT: 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.
TILLIT
Largest movements
- Cash +€96,323
up €96,323 (+47.1%), from €204,702 to €301,024
mainly Accrued charges and deferred income (+€122,000) and Receivables within one year (+€55,448)
- Receivables within one year -€55,448
down €55,448 (-4.8%), from €1.1m to €1.1m
of which Trade receivables: -€42,110
- Tangible fixed assets -€34,548
down €34,548 (-12.4%), from €278,224 to €243,676
of which Furniture and vehicles: -€27,380
- Accrued charges and deferred income +€122,000
new in 2025: €122,000
- Trade debts -€75,617
down €75,617 (-22.1%), from €341,731 to €266,114
- Profit (loss) carried forward +€42,031
up €42,031 (+10.5%), from €400,540 to €442,571
- Tax, wage and social debts -€36,611
down €36,611 (-19.3%), from €189,611 to €153,000
of which Remuneration and social security: -€26,763
- Other debts -€22,331
down €22,331 (-31.0%), from €72,100 to €49,769
- Gross operating margin +€171,475
up €171,475 (+11.5%), from €1.5m to €1.7m
- Staff costs +€79,807
up €79,807 (+5.4%), from €1.5m to €1.6m
- Financial charges -€25,461
down €25,461 (-64.6%), from €39,426 to €13,965
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 | €1,641,496 | €1,650,814 | +€9,318 | +0.6% |
| Fixed assets | 21/28 | €281,123 | €245,317 | -€35,806 | -12.7% |
| Intangible fixed assets | 21 | €2,899 | €1,641 | -€1,258 | -43.4% |
| Tangible fixed assets | 22/27 | €278,224 | €243,676 | -€34,548 | -12.4% |
| Land and buildings | 22 | €161,463 | €154,774 | -€6,689 | -4.1% |
| Plant, machinery and equipment | 23 | €1,986 | €1,507 | -€479 | -24.1% |
| Furniture and vehicles | 24 | €114,775 | €87,395 | -€27,380 | -23.9% |
| Current assets | 29/58 | €1,360,373 | €1,405,497 | +€45,124 | +3.3% |
| Amounts receivable within one year | 40/41 | €1,144,138 | €1,088,690 | -€55,448 | -4.8% |
| Trade receivables | 40 | €728,690 | €686,580 | -€42,110 | -5.8% |
| Other amounts receivable | 41 | €415,447 | €402,109 | -€13,338 | -3.2% |
| Cash at bank and in hand | 54/58 | €204,702 | €301,024 | +€96,323 | +47.1% |
| Deferred charges and accrued income | 490/1 | €11,534 | €15,783 | +€4,249 | +36.8% |
| Total equity and liabilities | 10/49 | €1,641,496 | €1,650,814 | +€9,318 | +0.6% |
| Equity | 10/15 | €944,072 | €986,103 | +€42,031 | +4.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €523,532 | €523,532 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,100 | €0 | -€42,100 | -100.0% |
| Distributable reserves | 133 | €481,432 | €523,532 | +€42,100 | +8.7% |
| Profit (loss) carried forward | 14 | €400,540 | €442,571 | +€42,031 | +10.5% |
| Amounts payable | 17/49 | €697,424 | €664,711 | -€32,713 | -4.7% |
| Amounts payable after more than one year | 17 | €73,829 | €52,786 | -€21,043 | -28.5% |
| Financial debts | 170/4 | €73,829 | €52,786 | -€21,043 | -28.5% |
| Amounts payable within one year | 42/48 | €623,595 | €489,925 | -€133,670 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €20,153 | €21,043 | +€890 | +4.4% |
| Trade debts | 44 | €341,731 | €266,114 | -€75,617 | -22.1% |
| Suppliers | 440/4 | €341,731 | €266,114 | -€75,617 | -22.1% |
| Taxes, remuneration and social security | 45 | €189,611 | €153,000 | -€36,611 | -19.3% |
| Taxes | 450/3 | €27,985 | €18,137 | -€9,848 | -35.2% |
| Remuneration and social security | 454/9 | €161,626 | €134,863 | -€26,763 | -16.6% |
| Other amounts payable | 47/48 | €72,100 | €49,769 | -€22,331 | -31.0% |
| Accrued charges and deferred income | 492/3 | - | €122,000 | +€122,000 | |
| Non-recurring operating income | 76A | €3,522 | €17,952 | +€14,430 | +409.7% |
| Remuneration, social security and pensions | 62 | €1,476,637 | €1,556,444 | +€79,807 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,892 | €37,079 | +€5,187 | +16.3% |
| Other operating charges | 640/8 | €4,674 | €5,286 | +€612 | +13.1% |
| Non-recurring operating charges | 66A | €1,382 | €0 | -€1,382 | -100.0% |
| Gross operating margin | 9900 | €1,493,859 | €1,665,334 | +€171,475 | +11.5% |
| Operating profit (loss) | 9901 | -€20,726 | €66,525 | +€87,251 | |
| Financial income | 75/76B | €3,325 | €3,109 | -€216 | -6.5% |
| Recurring financial income | 75 | €3,325 | €3,109 | -€216 | -6.5% |
| Financial charges | 65/66B | €39,426 | €13,965 | -€25,461 | -64.6% |
| Recurring financial charges | 65 | €39,426 | €13,965 | -€25,461 | -64.6% |
| Profit (loss) for the period before taxes | 9903 | -€56,827 | €55,669 | +€112,495 | |
| Income taxes | 67/77 | €4,039 | €13,637 | +€9,599 | +237.7% |
| Profit (loss) for the period | 9904 | -€60,865 | €42,031 | +€102,896 | |
| Transfer from tax-exempt reserves | 789 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | -€60,865 | €84,131 | +€144,996 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.