Tiloma: 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.
Tiloma
Largest movements
- Cash -€17,330
down €17,330 (-19.5%), from €88,774 to €71,444
mainly Contributions, distributions and other (-€44,421) and Debts after one year (-€16,452)
- Receivables within one year -€17,054
down €17,054 (-36.1%), from €47,203 to €30,149
of which Trade receivables: -€31,916
- Deferred charges and accrued income -€12,214
down €12,214 (-87.4%), from €13,978 to €1,764
- Reserves -€51,098
down €51,098 (-21.7%), from €234,982 to €183,884
- Other debts +€25,976
up €25,976 (+158%), from €16,396 to €42,372
- Debts after one year -€16,452
down €16,452 (-11.0%), from €149,660 to €133,208
- Tax, wage and social debts -€5,124
down €5,124 (-57.6%), from €8,891 to €3,768
- Gross operating margin -€71,618
down €71,618 (-84.6%), from €84,626 to €13,008
- Taxes -€11,358
down €11,358 (-97.4%), from €11,667 to €309
- Financial income -€2,715
down €2,715 (-99.2%), from €2,737 to €21
- Depreciation +€1,473
up €1,473 (+20.2%), from €7,286 to €8,759
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 | €448,106 | €399,649 | -€48,457 | -10.8% |
| Fixed assets | 21/28 | €283,151 | €281,449 | -€1,702 | -0.6% |
| Tangible fixed assets | 22/27 | €283,151 | €281,449 | -€1,702 | -0.6% |
| Land and buildings | 22 | €216,087 | €210,435 | -€5,652 | -2.6% |
| Plant, machinery and equipment | 23 | €5,485 | €5,213 | -€272 | -5.0% |
| Furniture and vehicles | 24 | €444 | €5,115 | +€4,671 | +1,053% |
| Other tangible fixed assets | 26 | €61,135 | €60,686 | -€449 | -0.7% |
| Current assets | 29/58 | €164,955 | €118,200 | -€46,754 | -28.3% |
| Amounts receivable within one year | 40/41 | €47,203 | €30,149 | -€17,054 | -36.1% |
| Trade receivables | 40 | €38,421 | €6,504 | -€31,916 | -83.1% |
| Other amounts receivable | 41 | €8,782 | €23,645 | +€14,862 | +169% |
| Current investments | 50/53 | €15,000 | €14,843 | -€157 | -1.0% |
| Cash at bank and in hand | 54/58 | €88,774 | €71,444 | -€17,330 | -19.5% |
| Deferred charges and accrued income | 490/1 | €13,978 | €1,764 | -€12,214 | -87.4% |
| Total equity and liabilities | 10/49 | €448,106 | €399,649 | -€48,457 | -10.8% |
| Equity | 10/15 | €253,582 | €202,484 | -€51,098 | -20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €234,982 | €183,884 | -€51,098 | -21.7% |
| Distributable reserves | 133 | €234,982 | €183,884 | -€51,098 | -21.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €194,524 | €197,165 | +€2,641 | +1.4% |
| Amounts payable after more than one year | 17 | €149,660 | €133,208 | -€16,452 | -11.0% |
| Financial debts | 170/4 | €149,660 | €133,208 | -€16,452 | -11.0% |
| Amounts payable within one year | 42/48 | €44,477 | €63,957 | +€19,481 | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €16,070 | €16,452 | +€382 | +2.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,120 | €1,366 | -€1,754 | -56.2% |
| Suppliers | 440/4 | €3,120 | €1,366 | -€1,754 | -56.2% |
| Taxes, remuneration and social security | 45 | €8,891 | €3,768 | -€5,124 | -57.6% |
| Taxes | 450/3 | €8,891 | €3,768 | -€5,124 | -57.6% |
| Other amounts payable | 47/48 | €16,396 | €42,372 | +€25,976 | +158% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,286 | €8,759 | +€1,473 | +20.2% |
| Other operating charges | 640/8 | €1,964 | €2,168 | +€203 | +10.3% |
| Non-recurring operating charges | 66A | €27,498 | €0 | -€27,498 | -100% |
| Gross operating margin | 9900 | €84,626 | €13,008 | -€71,618 | -84.6% |
| Operating profit (loss) | 9901 | €47,878 | €2,081 | -€45,797 | -95.7% |
| Financial income | 75/76B | €2,737 | €21 | -€2,715 | -99.2% |
| Recurring financial income | 75 | €2,737 | €21 | -€2,715 | -99.2% |
| Financial charges | 65/66B | €8,935 | €8,470 | -€465 | -5.2% |
| Recurring financial charges | 65 | €8,935 | €8,470 | -€465 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €41,680 | -€6,368 | -€48,047 | |
| Income taxes | 67/77 | €11,667 | €309 | -€11,358 | -97.4% |
| Profit (loss) for the period | 9904 | €30,013 | -€6,676 | -€36,689 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,013 | -€6,676 | -€36,689 |
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 27 October 2026 via checked.be.