TILT: 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.
TILT
Largest movements
- Deferred charges and accrued income -€40,519
down €40,519 (-93.3%), from €43,452 to €2,933
- Receivables within one year -€17,881
down €17,881 (-24.7%), from €72,365 to €54,484
of which Other amounts receivable: -€72,365
- Tangible fixed assets -€17,875
down €17,875 (-42.7%), from €41,899 to €24,024
of which Plant, machinery and equipment: -€9,125
- Profit (loss) carried forward -€180,443
down €180,443 (-125.0%), from -€144,347 to -€324,790
- Current portion of long-term debt +€62,291
up €62,291 (+19.0%), from €327,646 to €389,937
- Tax, wage and social debts +€38,914
up €38,914 (+99.1%), from €39,254 to €78,168
of which Taxes: +€34,277
- Purchases and services -€887,722
down €887,722 (-4.1%), from €21.9m to €21.0m
- Turnover -€828,212
down €828,212 (-3.7%), from €22.2m to €21.3m
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 | €408,112 | €332,523 | -€75,589 | -18.5% |
| Fixed assets | 21/28 | €191,899 | €174,024 | -€17,875 | -9.3% |
| Tangible fixed assets | 22/27 | €41,899 | €24,024 | -€17,875 | -42.7% |
| Plant, machinery and equipment | 23 | €18,411 | €9,286 | -€9,125 | -49.6% |
| Other tangible fixed assets | 26 | €23,488 | €14,738 | -€8,750 | -37.3% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €216,213 | €158,499 | -€57,714 | -26.7% |
| Amounts receivable within one year | 40/41 | €72,365 | €54,484 | -€17,881 | -24.7% |
| Trade receivables | 40 | - | €54,484 | +€54,484 | |
| Other amounts receivable | 41 | €72,365 | - | -€72,365 | |
| Cash at bank and in hand | 54/58 | €100,396 | €101,082 | +€686 | +0.7% |
| Deferred charges and accrued income | 490/1 | €43,452 | €2,933 | -€40,519 | -93.3% |
| Total equity and liabilities | 10/49 | €408,112 | €332,523 | -€75,589 | -18.5% |
| Contributions | 10/11 | €133,361 | €133,361 | = | 0.0% |
| Reserves | 13 | €8,819 | €8,819 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,819 | €8,819 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,819 | €8,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,347 | -€324,790 | -€180,443 | -125.0% |
| Amounts payable | 17/49 | €410,279 | €515,133 | +€104,854 | +25.6% |
| Amounts payable within one year | 42/48 | €410,279 | €513,158 | +€102,879 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €327,646 | €389,937 | +€62,291 | +19.0% |
| Trade debts | 44 | €43,379 | €45,053 | +€1,674 | +3.9% |
| Suppliers | 440/4 | €43,379 | €45,053 | +€1,674 | +3.9% |
| Taxes, remuneration and social security | 45 | €39,254 | €78,168 | +€38,914 | +99.1% |
| Taxes | 450/3 | €907 | €35,184 | +€34,277 | +3779.2% |
| Remuneration and social security | 454/9 | €38,347 | €42,984 | +€4,637 | +12.1% |
| Accrued charges and deferred income | 492/3 | - | €1,975 | +€1,975 | |
| Turnover | 70 | €22,176,088 | €21,347,876 | -€828,212 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,891,016 | €21,003,294 | -€887,722 | -4.1% |
| Remuneration, social security and pensions | 62 | €303,407 | €326,920 | +€23,513 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,090 | €17,876 | -€5,214 | -22.6% |
| Other operating charges | 640/8 | €588,991 | €493,454 | -€95,537 | -16.2% |
| Gross operating margin | 9900 | €915,382 | €863,052 | -€52,330 | -5.7% |
| Operating profit (loss) | 9901 | -€106 | €24,802 | +€24,908 | |
| Financial charges | 65/66B | €17,041 | €24,675 | +€7,634 | +44.8% |
| Recurring financial charges | 65 | €17,041 | €16,734 | -€307 | -1.8% |
| Non-recurring financial charges | 66B | - | €7,941 | +€7,941 | |
| Profit (loss) for the period before taxes | 9903 | -€17,147 | €127 | +€17,274 | |
| Income taxes | 67/77 | €46,216 | €180,570 | +€134,354 | +290.7% |
| Profit (loss) for the period | 9904 | -€63,363 | -€180,443 | -€117,080 | -184.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,363 | -€180,443 | -€117,080 | -184.8% |
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 29 September 2026 via checked.be.