Tilosa: 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.
Tilosa
Largest movements
- Cash -€32,720
down €32,720 (-52.0%), from €62,890 to €30,171
mainly Contributions, distributions and other (-€61,224) and Investment in fixed assets (net) (-€1,485)
- Current investments -€9,736
down €9,736 (-32.5%), from €30,000 to €20,264
- Reserves -€42,040
down €42,040 (-44.0%), from €95,473 to €53,434
- Gross operating margin -€2,298
down €2,298 (-7.5%), from €30,684 to €28,387
- Other operating charges +€718
up €718 (+52.8%), from €1,360 to €2,078
- Taxes -€572
down €572 (-7.8%), from €7,384 to €6,811
- Depreciation +€558
up €558 (+179.8%), from €310 to €868
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 | €112,606 | €70,195 | -€42,411 | -37.7% |
| Fixed assets | 21/28 | €1,840 | €2,457 | +€617 | +33.6% |
| Tangible fixed assets | 22/27 | €1,840 | €2,457 | +€617 | +33.6% |
| Furniture and vehicles | 24 | €1,840 | €2,457 | +€617 | +33.6% |
| Current assets | 29/58 | €110,767 | €67,738 | -€43,028 | -38.8% |
| Amounts receivable within one year | 40/41 | €16,434 | €16,047 | -€387 | -2.4% |
| Trade receivables | 40 | €10,857 | €10,382 | -€475 | -4.4% |
| Other amounts receivable | 41 | €5,578 | €5,665 | +€88 | +1.6% |
| Current investments | 50/53 | €30,000 | €20,264 | -€9,736 | -32.5% |
| Cash at bank and in hand | 54/58 | €62,890 | €30,171 | -€32,720 | -52.0% |
| Deferred charges and accrued income | 490/1 | €1,442 | €1,257 | -€185 | -12.9% |
| Total equity and liabilities | 10/49 | €112,606 | €70,195 | -€42,411 | -37.7% |
| Equity | 10/15 | €100,473 | €58,434 | -€42,040 | -41.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €95,473 | €53,434 | -€42,040 | -44.0% |
| Distributable reserves | 133 | €95,473 | €53,434 | -€42,040 | -44.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,133 | €11,762 | -€371 | -3.1% |
| Amounts payable within one year | 42/48 | €12,087 | €11,762 | -€325 | -2.7% |
| Trade debts | 44 | €1,945 | €1,352 | -€594 | -30.5% |
| Suppliers | 440/4 | €1,945 | €1,352 | -€594 | -30.5% |
| Taxes, remuneration and social security | 45 | €10,139 | €9,930 | -€209 | -2.1% |
| Taxes | 450/3 | €10,139 | €7,804 | -€2,336 | -23.0% |
| Remuneration and social security | 454/9 | - | €2,126 | +€2,126 | |
| Other amounts payable | 47/48 | €2 | €480 | +€478 | +25559.9% |
| Accrued charges and deferred income | 492/3 | €46 | €0 | -€46 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €868 | +€558 | +179.8% |
| Other operating charges | 640/8 | €1,360 | €2,078 | +€718 | +52.8% |
| Gross operating margin | 9900 | €30,684 | €28,387 | -€2,298 | -7.5% |
| Operating profit (loss) | 9901 | €29,014 | €25,441 | -€3,573 | -12.3% |
| Financial income | 75/76B | €565 | €681 | +€116 | +20.4% |
| Recurring financial income | 75 | €565 | €681 | +€116 | +20.4% |
| Financial charges | 65/66B | €179 | €126 | -€53 | -29.6% |
| Recurring financial charges | 65 | €179 | €126 | -€53 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €29,400 | €25,995 | -€3,405 | -11.6% |
| Income taxes | 67/77 | €7,384 | €6,811 | -€572 | -7.8% |
| Profit (loss) for the period | 9904 | €22,016 | €19,184 | -€2,832 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,016 | €19,184 | -€2,832 | -12.9% |
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 1 October 2026 via checked.be.