TISO: 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.
TISO
Largest movements
- Tangible fixed assets -€29,754
down €29,754 (-27.6%), from €107,930 to €78,176
of which Furniture and vehicles: -€26,849
- Cash +€11,076
up €11,076 (+387%), from €2,864 to €13,940
mainly Depreciation (+€31,371) and Receivables within one year (+€7,785)
- Receivables within one year -€7,785
down €7,785 (-44.5%), from €17,477 to €9,692
of which Trade receivables: -€4,291
- Deferred charges and accrued income -€1,485
down €1,485 (-29.4%), from €5,050 to €3,564
- Other debts -€28,665
down €28,665 (-11.5%), from €249,381 to €220,716
- Tax, wage and social debts +€1,505
up €1,505 (+36.9%), from €4,079 to €5,584
- Trade debts -€1,383
down €1,383 (-18.0%), from €7,695 to €6,311
- Gross operating margin -€4,822
down €4,822 (-12.0%), from €40,226 to €35,404
- Other operating charges -€478
down €478 (-21.9%), from €2,185 to €1,707
- Taxes +€449
up €449 (+41.9%), from €1,071 to €1,519
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.
Derived cash bridge
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 | €133,320 | €105,372 | -€27,948 | -21.0% |
| Fixed assets | 21/28 | €107,930 | €78,176 | -€29,754 | -27.6% |
| Tangible fixed assets | 22/27 | €107,930 | €78,176 | -€29,754 | -27.6% |
| Plant, machinery and equipment | 23 | €5,683 | €5,501 | -€182 | -3.2% |
| Furniture and vehicles | 24 | €90,729 | €63,880 | -€26,849 | -29.6% |
| Other tangible fixed assets | 26 | €11,518 | €8,795 | -€2,722 | -23.6% |
| Current assets | 29/58 | €25,390 | €27,196 | +€1,805 | +7.1% |
| Amounts receivable within one year | 40/41 | €17,477 | €9,692 | -€7,785 | -44.5% |
| Trade receivables | 40 | €13,502 | €9,211 | -€4,291 | -31.8% |
| Other amounts receivable | 41 | €3,975 | €481 | -€3,494 | -87.9% |
| Cash at bank and in hand | 54/58 | €2,864 | €13,940 | +€11,076 | +387% |
| Deferred charges and accrued income | 490/1 | €5,050 | €3,564 | -€1,485 | -29.4% |
| Total equity and liabilities | 10/49 | €133,320 | €105,372 | -€27,948 | -21.0% |
| Equity | 10/15 | -€127,834 | -€127,240 | +€595 | +0.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €4,813 | €4,813 | = | 0.0% |
| Distributable reserves | 133 | €4,813 | €4,813 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€151,648 | -€151,053 | +€595 | +0.4% |
| Amounts payable | 17/49 | €261,154 | €232,611 | -€28,543 | -10.9% |
| Amounts payable within one year | 42/48 | €261,154 | €232,611 | -€28,543 | -10.9% |
| Trade debts | 44 | €7,695 | €6,311 | -€1,383 | -18.0% |
| Suppliers | 440/4 | €7,695 | €6,311 | -€1,383 | -18.0% |
| Taxes, remuneration and social security | 45 | €4,079 | €5,584 | +€1,505 | +36.9% |
| Taxes | 450/3 | €4,079 | €5,584 | +€1,505 | +36.9% |
| Other amounts payable | 47/48 | €249,381 | €220,716 | -€28,665 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,536 | €31,371 | -€165 | -0.5% |
| Other operating charges | 640/8 | €2,185 | €1,707 | -€478 | -21.9% |
| Gross operating margin | 9900 | €40,226 | €35,404 | -€4,822 | -12.0% |
| Operating profit (loss) | 9901 | €6,505 | €2,327 | -€4,178 | -64.2% |
| Financial income | 75/76B | €12 | €4 | -€8 | -65.5% |
| Recurring financial income | 75 | €12 | €4 | -€8 | -65.5% |
| Financial charges | 65/66B | €216 | €217 | +€1 | +0.3% |
| Recurring financial charges | 65 | €216 | €217 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €6,300 | €2,114 | -€4,186 | -66.4% |
| Income taxes | 67/77 | €1,071 | €1,519 | +€449 | +41.9% |
| Profit (loss) for the period | 9904 | €5,230 | €595 | -€4,635 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,230 | €595 | -€4,635 | -88.6% |
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 13 October 2026 via checked.be.