Tilsit: 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.
Tilsit
Largest movements
- Cash -€395,721
down €395,721 (-67.3%), from €588,326 to €192,605
mainly Tax, wage and social debts (-€387,777) and Trade debts (-€23,561)
- Receivables within one year -€22,485
down €22,485 (-31.2%), from €72,076 to €49,591
of which Trade receivables: -€25,000
- Tax, wage and social debts -€387,777
down €387,777 (-100.0%), from €387,777 to €0
- Trade debts -€23,561
down €23,561 (-90.8%), from €25,938 to €2,378
- Gross operating margin -€268,226
down €268,226, from €261,504 to -€6,722
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 | €1,679,719 | €1,261,514 | -€418,206 | -24.9% |
| Current assets | 29/58 | €1,679,719 | €1,261,514 | -€418,206 | -24.9% |
| Stocks and contracts in progress | 3 | €1,019,317 | €1,019,317 | = | 0.0% |
| Stocks | 30/36 | €1,019,317 | €1,019,317 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,076 | €49,591 | -€22,485 | -31.2% |
| Trade receivables | 40 | €71,969 | €46,969 | -€25,000 | -34.7% |
| Other amounts receivable | 41 | €107 | €2,623 | +€2,515 | +2340.0% |
| Cash at bank and in hand | 54/58 | €588,326 | €192,605 | -€395,721 | -67.3% |
| Total equity and liabilities | 10/49 | €1,679,719 | €1,261,514 | -€418,206 | -24.9% |
| Equity | 10/15 | -€42,725 | -€49,599 | -€6,874 | -16.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,725 | -€74,599 | -€6,874 | -10.2% |
| Amounts payable | 17/49 | €1,722,444 | €1,311,113 | -€411,331 | -23.9% |
| Amounts payable within one year | 42/48 | €1,722,444 | €1,311,113 | -€411,331 | -23.9% |
| Trade debts | 44 | €25,938 | €2,378 | -€23,561 | -90.8% |
| Suppliers | 440/4 | €25,938 | €2,378 | -€23,561 | -90.8% |
| Taxes, remuneration and social security | 45 | €387,777 | €0 | -€387,777 | -100.0% |
| Taxes | 450/3 | €387,777 | €0 | -€387,777 | -100.0% |
| Other amounts payable | 47/48 | €1,308,729 | €1,308,735 | +€6 | 0.0% |
| Other operating charges | 640/8 | €1,286 | €1,318 | +€33 | +2.6% |
| Gross operating margin | 9900 | €261,504 | -€6,722 | -€268,226 | |
| Operating profit (loss) | 9901 | €260,218 | -€8,040 | -€268,259 | |
| Financial income | 75/76B | €759 | €1,213 | +€454 | +59.8% |
| Recurring financial income | 75 | €759 | €1,213 | +€454 | +59.8% |
| Financial charges | 65/66B | €63 | €47 | -€16 | -25.7% |
| Recurring financial charges | 65 | €63 | €47 | -€16 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €260,914 | -€6,874 | -€267,789 | |
| Profit (loss) for the period | 9904 | €260,914 | -€6,874 | -€267,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €260,914 | -€6,874 | -€267,789 |
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 3 October 2026 via checked.be.