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
- Stocks and contracts +€6,856
up €6,856 (+29.0%), from €23,680 to €30,536
- Intangible fixed assets -€6,200
down €6,200 (-12.5%), from €49,413 to €43,213
- Tangible fixed assets -€4,045
down €4,045 (-17.1%), from €23,644 to €19,599
of which Plant, machinery and equipment: -€3,502
- Other debts -€23,289
down €23,289 (-25.4%), from €91,534 to €68,245
- Profit (loss) carried forward +€19,307
up €19,307 (+172%), from €11,205 to €30,513
- Gross operating margin +€17,259
up €17,259 (+92.3%), from €18,689 to €35,947
- Taxes +€3,239
up €3,239 (+204%), from €1,588 to €4,827
- Financial charges +€1,427
up €1,427 (+339%), from €421 to €1,849
- Staff costs -€580
new in 2025: -€580
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 | €144,928 | €142,680 | -€2,248 | -1.6% |
| Fixed assets | 21/28 | €73,057 | €62,812 | -€10,245 | -14.0% |
| Intangible fixed assets | 21 | €49,413 | €43,213 | -€6,200 | -12.5% |
| Tangible fixed assets | 22/27 | €23,644 | €19,599 | -€4,045 | -17.1% |
| Plant, machinery and equipment | 23 | €19,325 | €15,823 | -€3,502 | -18.1% |
| Other tangible fixed assets | 26 | €4,319 | €3,775 | -€544 | -12.6% |
| Current assets | 29/58 | €71,871 | €79,868 | +€7,997 | +11.1% |
| Stocks and contracts in progress | 3 | €23,680 | €30,536 | +€6,856 | +29.0% |
| Stocks | 30/36 | €23,680 | €30,536 | +€6,856 | +29.0% |
| Amounts receivable within one year | 40/41 | €3,437 | €2,999 | -€438 | -12.8% |
| Trade receivables | 40 | €1,179 | €522 | -€657 | -55.7% |
| Other amounts receivable | 41 | €2,258 | €2,477 | +€219 | +9.7% |
| Cash at bank and in hand | 54/58 | €44,754 | €45,846 | +€1,092 | +2.4% |
| Deferred charges and accrued income | 490/1 | - | €488 | +€488 | |
| Total equity and liabilities | 10/49 | €144,928 | €142,680 | -€2,248 | -1.6% |
| Equity | 10/15 | €41,205 | €60,513 | +€19,307 | +46.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,205 | €30,513 | +€19,307 | +172% |
| Amounts payable | 17/49 | €103,723 | €82,167 | -€21,556 | -20.8% |
| Amounts payable within one year | 42/48 | €103,723 | €82,167 | -€21,556 | -20.8% |
| Trade debts | 44 | €8,907 | €9,625 | +€718 | +8.1% |
| Suppliers | 440/4 | €8,907 | €9,625 | +€718 | +8.1% |
| Taxes, remuneration and social security | 45 | €3,282 | €4,297 | +€1,016 | +30.9% |
| Taxes | 450/3 | €3,282 | €4,297 | +€1,016 | +30.9% |
| Other amounts payable | 47/48 | €91,534 | €68,245 | -€23,289 | -25.4% |
| Remuneration, social security and pensions | 62 | - | -€580 | -€580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,245 | €10,245 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €353 | +€291 | +470% |
| Gross operating margin | 9900 | €18,689 | €35,947 | +€17,259 | +92.3% |
| Operating profit (loss) | 9901 | €8,381 | €25,929 | +€17,548 | +209% |
| Financial income | 75/76B | €159 | €54 | -€105 | -66.2% |
| Recurring financial income | 75 | €159 | €54 | -€105 | -66.2% |
| Financial charges | 65/66B | €421 | €1,849 | +€1,427 | +339% |
| Recurring financial charges | 65 | €421 | €1,849 | +€1,427 | +339% |
| Profit (loss) for the period before taxes | 9903 | €8,119 | €24,134 | +€16,015 | +197% |
| Income taxes | 67/77 | €1,588 | €4,827 | +€3,239 | +204% |
| Profit (loss) for the period | 9904 | €6,531 | €19,307 | +€12,776 | +196% |
| Profit (loss) for the period to be appropriated | 9905 | €6,531 | €19,307 | +€12,776 | +196% |
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 20 October 2026 via checked.be.