TISO IMMO: 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 IMMO
Largest movements
- Current investments +€338,024
up €338,024 (+2.1%), from €15.9m to €16.2m
- Tangible fixed assets -€181,908
down €181,908 (-13.4%), from €1.4m to €1.2m
- Reserves +€365,000
up €365,000 (+27.1%), from €1.3m to €1.7m
- Financial charges +€47,897
up €47,897 (+87.7%), from €54,598 to €102,496
- Financial income +€45,562
up €45,562 (+8.7%), from €526,446 to €572,008
- Taxes -€35,127
down €35,127 (-64.8%), from €54,198 to €19,071
- Gross operating margin -€23,096
down €23,096 (-18.2%), from €126,559 to €103,464
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 | €17,724,700 | €18,084,815 | +€360,115 | +2.0% |
| Fixed assets | 21/28 | €1,359,416 | €1,177,508 | -€181,908 | -13.4% |
| Tangible fixed assets | 22/27 | €1,359,166 | €1,177,258 | -€181,908 | -13.4% |
| Land and buildings | 22 | €1,359,166 | €1,177,258 | -€181,908 | -13.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €16,365,284 | €16,907,307 | +€542,023 | +3.3% |
| Amounts receivable within one year | 40/41 | €78,859 | €138,743 | +€59,884 | +75.9% |
| Trade receivables | 40 | €10,282 | - | -€10,282 | |
| Other amounts receivable | 41 | €68,577 | €138,743 | +€70,166 | +102% |
| Current investments | 50/53 | €15,909,725 | €16,247,749 | +€338,024 | +2.1% |
| Cash at bank and in hand | 54/58 | €376,700 | €520,815 | +€144,115 | +38.3% |
| Total equity and liabilities | 10/49 | €17,724,700 | €18,084,815 | +€360,115 | +2.0% |
| Equity | 10/15 | €17,696,083 | €18,063,151 | +€367,067 | +2.1% |
| Contributions | 10/11 | €16,350,000 | €16,350,000 | = | 0.0% |
| Reserves | 13 | €1,345,000 | €1,710,000 | +€365,000 | +27.1% |
| Distributable reserves | 133 | €1,345,000 | €1,710,000 | +€365,000 | +27.1% |
| Profit (loss) carried forward | 14 | €1,083 | €3,151 | +€2,067 | +191% |
| Amounts payable | 17/49 | €28,617 | €21,664 | -€6,952 | -24.3% |
| Amounts payable within one year | 42/48 | €28,617 | €21,664 | -€6,952 | -24.3% |
| Trade debts | 44 | €6,952 | - | -€6,952 | |
| Suppliers | 440/4 | €6,952 | - | -€6,952 | |
| Other amounts payable | 47/48 | €21,664 | €21,664 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,908 | €181,908 | = | 0.0% |
| Other operating charges | 640/8 | €4,787 | €4,930 | +€143 | +3.0% |
| Gross operating margin | 9900 | €126,559 | €103,464 | -€23,096 | -18.2% |
| Operating profit (loss) | 9901 | -€60,135 | -€83,374 | -€23,239 | -38.6% |
| Financial income | 75/76B | €526,446 | €572,008 | +€45,562 | +8.7% |
| Recurring financial income | 75 | €526,446 | €572,008 | +€45,562 | +8.7% |
| Financial charges | 65/66B | €54,598 | €102,496 | +€47,897 | +87.7% |
| Recurring financial charges | 65 | €54,598 | €102,496 | +€47,897 | +87.7% |
| Profit (loss) for the period before taxes | 9903 | €411,712 | €386,139 | -€25,574 | -6.2% |
| Income taxes | 67/77 | €54,198 | €19,071 | -€35,127 | -64.8% |
| Profit (loss) for the period | 9904 | €357,514 | €367,067 | +€9,553 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €357,514 | €367,067 | +€9,553 | +2.7% |
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 14 October 2026 via checked.be.