TILLIT language academy: 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 language academy
Largest movements
- Cash +€60,001
up €60,001 (+117%), from €51,455 to €111,457
mainly Accrued charges and deferred income (+€39,074) and Net result for the year (+€10,019)
- Receivables within one year -€9,447
down €9,447 (-43.7%), from €21,623 to €12,176
of which Trade receivables: -€9,355
- Accrued charges and deferred income +€39,074
new in 2025: €39,074
- Reserves +€10,019
up €10,019 (+51.4%), from €19,478 to €29,498
- Other debts +€9,213
up €9,213 (+27.4%), from €33,634 to €42,847
- Tax, wage and social debts -€3,657
down €3,657 (-45.5%), from €8,047 to €4,389
- Trade debts -€3,583
down €3,583 (-26.4%), from €13,551 to €9,968
- Gross operating margin -€14,095
down €14,095 (-48.2%), from €29,245 to €15,149
- Taxes -€3,657
down €3,657 (-45.5%), from €8,047 to €4,389
- Financial charges -€823
down €823 (-83.1%), from €990 to €167
- Other operating charges -€582
no longer reported in 2025 (was €582)
- Depreciation +€421
up €421 (+256%), from €165 to €586
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 | €75,843 | €125,876 | +€50,033 | +66.0% |
| Fixed assets | 21/28 | €2,764 | €2,243 | -€521 | -18.8% |
| Tangible fixed assets | 22/27 | €2,764 | €2,178 | -€586 | -21.2% |
| Plant, machinery and equipment | 23 | €2,764 | €2,178 | -€586 | -21.2% |
| Financial fixed assets | 28 | - | €65 | +€65 | |
| Current assets | 29/58 | €73,079 | €123,633 | +€50,554 | +69.2% |
| Amounts receivable within one year | 40/41 | €21,623 | €12,176 | -€9,447 | -43.7% |
| Trade receivables | 40 | €20,990 | €11,634 | -€9,355 | -44.6% |
| Other amounts receivable | 41 | €634 | €542 | -€92 | -14.5% |
| Cash at bank and in hand | 54/58 | €51,455 | €111,457 | +€60,001 | +117% |
| Total equity and liabilities | 10/49 | €75,843 | €125,876 | +€50,033 | +66.0% |
| Equity | 10/15 | €19,578 | €29,598 | +€10,019 | +51.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €19,478 | €29,498 | +€10,019 | +51.4% |
| Distributable reserves | 133 | €19,478 | €29,498 | +€10,019 | +51.4% |
| Amounts payable | 17/49 | €56,264 | €96,278 | +€40,014 | +71.1% |
| Amounts payable within one year | 42/48 | €56,264 | €57,204 | +€940 | +1.7% |
| Trade debts | 44 | €13,551 | €9,968 | -€3,583 | -26.4% |
| Suppliers | 440/4 | €13,551 | €9,968 | -€3,583 | -26.4% |
| Advances received on contracts in progress | 46 | €1,032 | - | -€1,032 | |
| Taxes, remuneration and social security | 45 | €8,047 | €4,389 | -€3,657 | -45.5% |
| Taxes | 450/3 | €8,047 | €4,389 | -€3,657 | -45.5% |
| Other amounts payable | 47/48 | €33,634 | €42,847 | +€9,213 | +27.4% |
| Accrued charges and deferred income | 492/3 | - | €39,074 | +€39,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165 | €586 | +€421 | +256% |
| Other operating charges | 640/8 | €582 | - | -€582 | |
| Gross operating margin | 9900 | €29,245 | €15,149 | -€14,095 | -48.2% |
| Operating profit (loss) | 9901 | €28,498 | €14,564 | -€13,934 | -48.9% |
| Financial income | 75/76B | €17 | €12 | -€5 | -30.8% |
| Recurring financial income | 75 | €17 | €12 | -€5 | -30.8% |
| Financial charges | 65/66B | €990 | €167 | -€823 | -83.1% |
| Recurring financial charges | 65 | €990 | €167 | -€823 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | €27,525 | €14,408 | -€13,117 | -47.7% |
| Income taxes | 67/77 | €8,047 | €4,389 | -€3,657 | -45.5% |
| Profit (loss) for the period | 9904 | €19,478 | €10,019 | -€9,459 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,478 | €10,019 | -€9,459 | -48.6% |
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 22 October 2026 via checked.be.