TISO: 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.
TISO
Largest movements
- Receivables after one year -€6,781
down €6,781 (-25.1%), from €27,048 to €20,268
- Cash +€1,209
up €1,209 (+307.2%), from €393 to €1,602
mainly Other debts (+€8,188) and Receivables after one year (+€6,781)
- Tangible fixed assets -€511
down €511 (-3.6%), from €14,327 to €13,816
of which Furniture and vehicles: -€2,018
- Profit (loss) carried forward -€12,729
down €12,729 (-38.6%), from -€32,985 to -€45,713
- Other debts +€8,188
up €8,188 (+11.1%), from €73,845 to €82,033
- Trade debts -€2,093
down €2,093 (-52.3%), from €4,004 to €1,911
- Gross operating margin -€16,767
down €16,767, from €6,340 to -€10,427
- Depreciation -€2,642
down €2,642 (-37.2%), from €7,103 to €4,460
- Financial income +€1,398
up €1,398 (+164.9%), from €848 to €2,246
- Other operating charges -€144
no longer reported in 2025 (was €144)
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 | €49,865 | €43,231 | -€6,634 | -13.3% |
| Formation expenses | 20 | €236 | €0 | -€236 | -100.0% |
| Fixed assets | 21/28 | €14,327 | €13,816 | -€511 | -3.6% |
| Tangible fixed assets | 22/27 | €14,327 | €13,816 | -€511 | -3.6% |
| Land and buildings | 22 | €2,355 | €2,702 | +€347 | +14.7% |
| Plant, machinery and equipment | 23 | €2,047 | €3,206 | +€1,159 | +56.6% |
| Furniture and vehicles | 24 | €9,925 | €7,907 | -€2,018 | -20.3% |
| Current assets | 29/58 | €35,302 | €29,415 | -€5,887 | -16.7% |
| Amounts receivable after more than one year | 29 | €27,048 | €20,268 | -€6,781 | -25.1% |
| Other amounts receivable | 291 | €27,048 | €20,268 | -€6,781 | -25.1% |
| Amounts receivable within one year | 40/41 | €7,860 | €7,545 | -€315 | -4.0% |
| Other amounts receivable | 41 | €7,860 | €7,545 | -€315 | -4.0% |
| Cash at bank and in hand | 54/58 | €393 | €1,602 | +€1,209 | +307.2% |
| Total equity and liabilities | 10/49 | €49,865 | €43,231 | -€6,634 | -13.3% |
| Equity | 10/15 | -€27,985 | -€40,713 | -€12,729 | -45.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,985 | -€45,713 | -€12,729 | -38.6% |
| Amounts payable | 17/49 | €77,849 | €83,944 | +€6,095 | +7.8% |
| Amounts payable within one year | 42/48 | €77,849 | €83,944 | +€6,095 | +7.8% |
| Trade debts | 44 | €4,004 | €1,911 | -€2,093 | -52.3% |
| Suppliers | 440/4 | €4,004 | €1,911 | -€2,093 | -52.3% |
| Other amounts payable | 47/48 | €73,845 | €82,033 | +€8,188 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,103 | €4,460 | -€2,642 | -37.2% |
| Other operating charges | 640/8 | €144 | - | -€144 | |
| Non-recurring operating charges | 66A | €16,307 | - | -€16,307 | |
| Gross operating margin | 9900 | €6,340 | -€10,427 | -€16,767 | |
| Operating profit (loss) | 9901 | -€17,213 | -€14,887 | +€2,327 | +13.5% |
| Financial income | 75/76B | €848 | €2,246 | +€1,398 | +164.9% |
| Recurring financial income | 75 | €848 | €2,246 | +€1,398 | +164.9% |
| Financial charges | 65/66B | €143 | €88 | -€56 | -38.8% |
| Recurring financial charges | 65 | €143 | €88 | -€56 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,509 | -€12,729 | +€3,780 | +22.9% |
| Profit (loss) for the period | 9904 | -€16,509 | -€12,729 | +€3,780 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,509 | -€12,729 | +€3,780 | +22.9% |
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 29 September 2026 via checked.be.