TILT-Ô: 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-Ô
Largest movements
- Cash -€16,556
down €16,556 (-42.7%), from €38,792 to €22,237
mainly Net result for the year (-€23,230) and Investment in fixed assets (net) (-€17,061)
- Tangible fixed assets +€3,021
up €3,021 (+14.4%), from €20,943 to €23,964
of which Furniture and vehicles: +€3,682
- Receivables within one year +€1,099
up €1,099 (+23.8%), from €4,624 to €5,723
of which Trade receivables: +€1,191
- Profit (loss) carried forward -€23,230
down €23,230, from €2,800 to -€20,430
- Debts after one year +€8,603
new in 2025: €8,603
- Accrued charges and deferred income -€4,266
down €4,266 (-58.1%), from €7,345 to €3,079
- Current portion of long-term debt +€3,707
new in 2025: €3,707
- Tax, wage and social debts +€3,641
up €3,641 (+152.6%), from €2,386 to €6,027
of which Remuneration and social security: +€2,550
- Gross operating margin -€28,189
down €28,189, from €21,975 to -€6,215
- Depreciation +€3,550
up €3,550 (+33.8%), from €10,491 to €14,040
- Financial charges +€2,327
up €2,327 (+2754.7%), from €84 to €2,412
of which Non-recurring financial charges: +€1,555
- Taxes -€2,245
down €2,245 (-94.1%), from €2,386 to €141
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 | €64,578 | €52,554 | -€12,025 | -18.6% |
| Fixed assets | 21/28 | €20,943 | €23,964 | +€3,021 | +14.4% |
| Tangible fixed assets | 22/27 | €20,943 | €23,964 | +€3,021 | +14.4% |
| Plant, machinery and equipment | 23 | €1,305 | €645 | -€661 | -50.6% |
| Furniture and vehicles | 24 | €19,638 | €23,320 | +€3,682 | +18.7% |
| Current assets | 29/58 | €43,635 | €28,589 | -€15,046 | -34.5% |
| Amounts receivable within one year | 40/41 | €4,624 | €5,723 | +€1,099 | +23.8% |
| Trade receivables | 40 | - | €1,191 | +€1,191 | |
| Other amounts receivable | 41 | €4,624 | €4,532 | -€92 | -2.0% |
| Cash at bank and in hand | 54/58 | €38,792 | €22,237 | -€16,556 | -42.7% |
| Deferred charges and accrued income | 490/1 | €219 | €630 | +€411 | +188.2% |
| Total equity and liabilities | 10/49 | €64,578 | €52,554 | -€12,025 | -18.6% |
| Equity | 10/15 | €53,859 | €30,629 | -€23,230 | -43.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €48,059 | €48,059 | = | 0.0% |
| Distributable reserves | 133 | €48,059 | €48,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,800 | -€20,430 | -€23,230 | |
| Amounts payable | 17/49 | €10,719 | €21,925 | +€11,205 | +104.5% |
| Amounts payable after more than one year | 17 | - | €8,603 | +€8,603 | |
| Financial debts | 170/4 | - | €8,603 | +€8,603 | |
| Amounts payable within one year | 42/48 | €3,374 | €10,243 | +€6,868 | +203.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,707 | +€3,707 | |
| Trade debts | 44 | €988 | €508 | -€480 | -48.6% |
| Suppliers | 440/4 | €988 | €508 | -€480 | -48.6% |
| Taxes, remuneration and social security | 45 | €2,386 | €6,027 | +€3,641 | +152.6% |
| Taxes | 450/3 | €2,386 | €3,477 | +€1,091 | +45.7% |
| Remuneration and social security | 454/9 | - | €2,550 | +€2,550 | |
| Accrued charges and deferred income | 492/3 | €7,345 | €3,079 | -€4,266 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,491 | €14,040 | +€3,550 | +33.8% |
| Other operating charges | 640/8 | €239 | €422 | +€184 | +77.1% |
| Gross operating margin | 9900 | €21,975 | -€6,215 | -€28,189 | |
| Operating profit (loss) | 9901 | €11,246 | -€20,677 | -€31,923 | |
| Financial charges | 65/66B | €84 | €2,412 | +€2,327 | +2754.7% |
| Recurring financial charges | 65 | €84 | €857 | +€772 | +914.1% |
| Non-recurring financial charges | 66B | - | €1,555 | +€1,555 | |
| Profit (loss) for the period before taxes | 9903 | €11,161 | -€23,089 | -€34,250 | |
| Income taxes | 67/77 | €2,386 | €141 | -€2,245 | -94.1% |
| Profit (loss) for the period | 9904 | €8,775 | -€23,230 | -€32,005 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,775 | -€23,230 | -€32,005 |
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 7 October 2026 via checked.be.