TILONE: what changed
Two fiscal 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.
TILONE
Largest movements
- Tangible fixed assets -€32,686
down €32,686 (-22.1%), from €147,816 to €115,130
of which Furniture and vehicles: -€32,737
- Other debts -€65,844
down €65,844 (-8.6%), from €765,816 to €699,973
- Reserves +€59,938
up €59,938 (+26.8%), from €223,524 to €283,463
- Debts after one year -€17,648
down €17,648 (-27.3%), from €64,714 to €47,065
- Current portion of long-term debt -€12,692
down €12,692 (-41.8%), from €30,341 to €17,648
- Financial income -€59,995
down €59,995 (-100.0%), from €60,001 to €7
- Gross operating margin +€8,554
up €8,554 (+3.4%), from €253,323 to €261,878
- Depreciation +€8,040
up €8,040 (+20.7%), from €38,774 to €46,813
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 | €1,121,252 | €1,086,097 | -€35,155 | -3.1% |
| Fixed assets | 21/28 | €1,108,066 | €1,075,380 | -€32,686 | -2.9% |
| Tangible fixed assets | 22/27 | €147,816 | €115,130 | -€32,686 | -22.1% |
| Land and buildings | 22 | €6,301 | €7,792 | +€1,491 | +23.7% |
| Plant, machinery and equipment | 23 | €11,548 | €10,109 | -€1,439 | -12.5% |
| Furniture and vehicles | 24 | €129,967 | €97,229 | -€32,737 | -25.2% |
| Financial fixed assets | 28 | €960,250 | €960,250 | = | 0.0% |
| Current assets | 29/58 | €13,186 | €10,717 | -€2,469 | -18.7% |
| Amounts receivable within one year | 40/41 | €567 | €1,550 | +€982 | +173.2% |
| Other amounts receivable | 41 | €567 | €1,550 | +€982 | +173.2% |
| Cash at bank and in hand | 54/58 | €10,949 | €6,823 | -€4,126 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,670 | €2,344 | +€675 | +40.4% |
| Total equity and liabilities | 10/49 | €1,121,252 | €1,086,097 | -€35,155 | -3.1% |
| Equity | 10/15 | €242,074 | €302,013 | +€59,938 | +24.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €223,524 | €283,463 | +€59,938 | +26.8% |
| Distributable reserves | 133 | €223,524 | €283,463 | +€59,938 | +26.8% |
| Amounts payable | 17/49 | €879,178 | €784,084 | -€95,093 | -10.8% |
| Amounts payable after more than one year | 17 | €64,714 | €47,065 | -€17,648 | -27.3% |
| Financial debts | 170/4 | €64,714 | €47,065 | -€17,648 | -27.3% |
| Amounts payable within one year | 42/48 | €814,464 | €737,019 | -€77,445 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €30,341 | €17,648 | -€12,692 | -41.8% |
| Trade debts | 44 | €985 | €1,764 | +€779 | +79.0% |
| Suppliers | 440/4 | €985 | €1,764 | +€779 | +79.0% |
| Taxes, remuneration and social security | 45 | €17,321 | €17,634 | +€312 | +1.8% |
| Taxes | 450/3 | €17,321 | €17,634 | +€312 | +1.8% |
| Other amounts payable | 47/48 | €765,816 | €699,973 | -€65,844 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,774 | €46,813 | +€8,040 | +20.7% |
| Other operating charges | 640/8 | €1,962 | €2,163 | +€201 | +10.2% |
| Gross operating margin | 9900 | €253,323 | €261,878 | +€8,554 | +3.4% |
| Operating profit (loss) | 9901 | €212,587 | €212,902 | +€314 | +0.1% |
| Financial income | 75/76B | €60,001 | €7 | -€59,995 | -100.0% |
| Recurring financial income | 75 | €60,001 | €7 | -€59,995 | -100.0% |
| Financial charges | 65/66B | €3,307 | €3,006 | -€300 | -9.1% |
| Recurring financial charges | 65 | €3,307 | €3,006 | -€300 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €269,282 | €209,902 | -€59,380 | -22.1% |
| Income taxes | 67/77 | €50,241 | €49,964 | -€278 | -0.6% |
| Profit (loss) for the period | 9904 | €219,041 | €159,938 | -€59,102 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €219,041 | €159,938 | -€59,102 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.