TIPITI: what changed
Two financial 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.
TIPITI
Largest movements
- Stocks and contracts -€74,782
no longer reported in 2025 (was €74,782)
- Cash +€32,338
up €32,338 (+208.4%), from €15,517 to €47,855
mainly Stocks and contracts (+€74,782) and Depreciation (+€30,103)
- Tangible fixed assets -€28,129
down €28,129 (-29.0%), from €97,140 to €69,011
of which Furniture and vehicles: -€25,813
- Receivables within one year +€14,501
up €14,501 (+317.4%), from €4,569 to €19,070
of which Other amounts receivable: +€10,627
- Other debts -€33,267
down €33,267 (-60.8%), from €54,710 to €21,443
- Trade debts -€13,530
down €13,530 (-97.2%), from €13,927 to €397
- Profit (loss) carried forward -€9,284
down €9,284 (-9.2%), from €100,874 to €91,589
- Tax, wage and social debts -€1,990
down €1,990 (-9.5%), from €20,999 to €19,009
of which Taxes: -€1,990
- Purchases and services -€353,988
down €353,988 (-60.3%), from €587,327 to €233,339
- Gross operating margin -€161,006
down €161,006 (-88.2%), from €182,557 to €21,551
- Taxes -€28,681
down €28,681 (-99.4%), from €28,845 to €164
- Depreciation -€10,614
down €10,614 (-26.1%), from €40,717 to €30,103
- Other operating charges -€6,649
down €6,649 (-86.8%), from €7,659 to €1,010
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 | €195,510 | €137,438 | -€58,072 | -29.7% |
| Fixed assets | 21/28 | €99,281 | €69,485 | -€29,795 | -30.0% |
| Intangible fixed assets | 21 | €2,141 | €474 | -€1,667 | -77.9% |
| Tangible fixed assets | 22/27 | €97,140 | €69,011 | -€28,129 | -29.0% |
| Furniture and vehicles | 24 | €78,018 | €52,205 | -€25,813 | -33.1% |
| Other tangible fixed assets | 26 | €19,122 | €16,807 | -€2,316 | -12.1% |
| Current assets | 29/58 | €96,229 | €67,953 | -€28,277 | -29.4% |
| Stocks and contracts in progress | 3 | €74,782 | - | -€74,782 | |
| Stocks | 30/36 | €74,782 | - | -€74,782 | |
| Amounts receivable within one year | 40/41 | €4,569 | €19,070 | +€14,501 | +317.4% |
| Trade receivables | 40 | €4,569 | €8,443 | +€3,874 | +84.8% |
| Other amounts receivable | 41 | - | €10,627 | +€10,627 | |
| Cash at bank and in hand | 54/58 | €15,517 | €47,855 | +€32,338 | +208.4% |
| Deferred charges and accrued income | 490/1 | €1,361 | €1,027 | -€334 | -24.5% |
| Total equity and liabilities | 10/49 | €195,510 | €137,438 | -€58,072 | -29.7% |
| Equity | 10/15 | €105,874 | €96,589 | -€9,284 | -8.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,874 | €91,589 | -€9,284 | -9.2% |
| Amounts payable | 17/49 | €89,636 | €40,849 | -€48,787 | -54.4% |
| Amounts payable within one year | 42/48 | €89,636 | €40,849 | -€48,787 | -54.4% |
| Trade debts | 44 | €13,927 | €397 | -€13,530 | -97.2% |
| Suppliers | 440/4 | €13,927 | €397 | -€13,530 | -97.2% |
| Taxes, remuneration and social security | 45 | €20,999 | €19,009 | -€1,990 | -9.5% |
| Taxes | 450/3 | €20,999 | €19,009 | -€1,990 | -9.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €54,710 | €21,443 | -€33,267 | -60.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €587,327 | €233,339 | -€353,988 | -60.3% |
| Remuneration, social security and pensions | 62 | €4,420 | - | -€4,420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,717 | €30,103 | -€10,614 | -26.1% |
| Other operating charges | 640/8 | €7,659 | €1,010 | -€6,649 | -86.8% |
| Gross operating margin | 9900 | €182,557 | €21,551 | -€161,006 | -88.2% |
| Operating profit (loss) | 9901 | €129,761 | -€9,562 | -€139,324 | |
| Financial income | 75/76B | €76 | €553 | +€477 | +630.5% |
| Recurring financial income | 75 | €76 | €553 | +€477 | +630.5% |
| Financial charges | 65/66B | €118 | €111 | -€7 | -6.1% |
| Recurring financial charges | 65 | €118 | €111 | -€7 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €129,719 | -€9,120 | -€138,839 | |
| Income taxes | 67/77 | €28,845 | €164 | -€28,681 | -99.4% |
| Profit (loss) for the period | 9904 | €100,874 | -€9,284 | -€110,158 | |
| Profit (loss) for the period to be appropriated | 9905 | €100,874 | -€9,284 | -€110,158 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.