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Tilted i: 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.

What changed

Tilted i

BE 0787.646.334
NACE 73.110, Advertising agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€34,558
2024 · -€16,525+€51,083
Equity
€50,210
2024 · €34,402+€15,808
Cash
€75,915
2024 · €21,726+€54,189
Balance sheet total
€91,049
2024 · €45,265+€45,784

Largest movements

2024 to 2025
Assets
  • Cash +€54,189

    up €54,189 (+249.4%), from €21,726 to €75,915

    mainly Net result for the year (+€34,558) and Tax, wage and social debts (+€17,203)

  • Tangible fixed assets -€4,782

    down €4,782 (-31.1%), from €15,398 to €10,616

  • Receivables within one year -€3,867

    down €3,867 (-49.5%), from €7,809 to €3,943

    of which Trade receivables: -€3,557

Equity and liabilities
  • Tax, wage and social debts +€17,203

    up €17,203 (+13440.2%), from €128 to €17,331

  • Profit (loss) carried forward +€16,525

    up €16,525, from -€16,525 to €0

  • Other debts +€15,000

    up €15,000, from €0 to €15,000

  • Debts after one year -€3,279

    down €3,279 (-43.0%), from €7,619 to €4,340

Income statement
  • Gross operating margin +€57,124

    up €57,124, from -€10,528 to €46,596

  • Taxes +€5,524

    up €5,524 (+4315.9%), from €128 to €5,652

  • Other operating charges +€596

    up €596 (+224.1%), from €266 to €862

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€16,525
Gross operating margin +€57,124
Other operating charges -€596
Financial income -€0
Financial charges +€80
Taxes -€5,524
Result 2025 €34,558

Cash bridge derived

cash 2024 to 2025

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.

From operations +€76,056
Investment €0
Financing -€21,867
Cash 2024 €21,726
Net result for the year +€34,558
Depreciation +€4,782
Receivables within one year +€3,867
Deferred charges and accrued income -€244
Trade debts +€889
Tax, wage and social debts +€17,203
Other debts +€15,000
Debts after one year -€3,279
Current portion of long-term debt +€162
Contributions, distributions and other -€18,750
Cash 2025 €75,915
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €45,265 €91,049 +€45,784 +101.1%
Fixed assets 21/28 €15,398 €10,616 -€4,782 -31.1%
Tangible fixed assets 22/27 €15,398 €10,616 -€4,782 -31.1%
Furniture and vehicles 24 €15,398 €10,616 -€4,782 -31.1%
Current assets 29/58 €29,867 €80,433 +€50,566 +169.3%
Amounts receivable within one year 40/41 €7,809 €3,943 -€3,867 -49.5%
Trade receivables 40 €7,500 €3,943 -€3,557 -47.4%
Other amounts receivable 41 €309 €0 -€309 -100.0%
Cash at bank and in hand 54/58 €21,726 €75,915 +€54,189 +249.4%
Deferred charges and accrued income 490/1 €332 €576 +€244 +73.4%
Total equity and liabilities 10/49 €45,265 €91,049 +€45,784 +101.1%
Equity 10/15 €34,402 €50,210 +€15,808 +46.0%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €46,927 €46,210 -€717 -1.5%
Distributable reserves 133 €46,927 €46,210 -€717 -1.5%
Profit (loss) carried forward 14 -€16,525 €0 +€16,525
Amounts payable 17/49 €10,863 €40,839 +€29,976 +275.9%
Amounts payable after more than one year 17 €7,619 €4,340 -€3,279 -43.0%
Financial debts 170/4 €7,619 €4,340 -€3,279 -43.0%
Amounts payable within one year 42/48 €3,245 €36,500 +€33,255 +1024.8%
Current portion of amounts payable after more than one year 42 €3,117 €3,279 +€162 +5.2%
Trade debts 44 €0 €889 +€889
Suppliers 440/4 €0 €889 +€889
Taxes, remuneration and social security 45 €128 €17,331 +€17,203 +13440.2%
Taxes 450/3 €128 €17,331 +€17,203 +13440.2%
Other amounts payable 47/48 €0 €15,000 +€15,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,782 €4,782 = 0.0%
Other operating charges 640/8 €266 €862 +€596 +224.1%
Gross operating margin 9900 -€10,528 €46,596 +€57,124
Operating profit (loss) 9901 -€15,576 €40,952 +€56,528
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €821 €742 -€80 -9.7%
Recurring financial charges 65 €821 €742 -€80 -9.7%
Profit (loss) for the period before taxes 9903 -€16,397 €40,210 +€56,608
Income taxes 67/77 €128 €5,652 +€5,524 +4315.9%
Profit (loss) for the period 9904 -€16,525 €34,558 +€51,083
Profit (loss) for the period to be appropriated 9905 -€16,525 €34,558 +€51,083

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 6 October 2026 via checked.be.