TIST: 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.
TIST
Largest movements
- Receivables within one year -€19,543
down €19,543 (-48.0%), from €40,718 to €21,175
- Cash +€19,073
up €19,073 (+90.0%), from €21,197 to €40,270
mainly Other debts (+€59,955) and Net result for the year (+€48,401)
- Tangible fixed assets +€2,172
up €2,172 (+1.8%), from €121,555 to €123,728
of which Land and buildings: +€6,459
- Other debts +€59,955
up €59,955 (+208.2%), from €28,801 to €88,757
- Profit (loss) carried forward -€35,099
down €35,099 (-99.3%), from €35,353 to €255
- Debts after one year -€17,838
down €17,838 (-20.9%), from €85,304 to €67,466
- Tax, wage and social debts -€4,577
down €4,577 (-33.1%), from €13,816 to €9,239
- Gross operating margin +€16,911
up €16,911 (+26.0%), from €65,158 to €82,069
- Taxes +€2,450
up €2,450 (+21.9%), from €11,186 to €13,636
- Other operating charges +€1,566
up €1,566 (+93.0%), from €1,684 to €3,250
- Depreciation +€1,175
up €1,175 (+8.8%), from €13,402 to €14,577
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 | €184,088 | €186,025 | +€1,937 | +1.1% |
| Fixed assets | 21/28 | €121,555 | €123,728 | +€2,172 | +1.8% |
| Tangible fixed assets | 22/27 | €121,555 | €123,728 | +€2,172 | +1.8% |
| Land and buildings | 22 | €107,293 | €113,752 | +€6,459 | +6.0% |
| Furniture and vehicles | 24 | €1,864 | €4,033 | +€2,169 | +116.4% |
| Leasing and similar rights | 25 | €12,398 | €5,943 | -€6,456 | -52.1% |
| Current assets | 29/58 | €62,533 | €62,297 | -€235 | -0.4% |
| Amounts receivable within one year | 40/41 | €40,718 | €21,175 | -€19,543 | -48.0% |
| Trade receivables | 40 | €40,718 | €21,175 | -€19,543 | -48.0% |
| Cash at bank and in hand | 54/58 | €21,197 | €40,270 | +€19,073 | +90.0% |
| Deferred charges and accrued income | 490/1 | €618 | €853 | +€235 | +38.1% |
| Total equity and liabilities | 10/49 | €184,088 | €186,025 | +€1,937 | +1.1% |
| Equity | 10/15 | €36,353 | €1,255 | -€35,099 | -96.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,353 | €255 | -€35,099 | -99.3% |
| Amounts payable | 17/49 | €147,734 | €184,770 | +€37,036 | +25.1% |
| Amounts payable after more than one year | 17 | €85,304 | €67,466 | -€17,838 | -20.9% |
| Financial debts | 170/4 | €85,304 | €67,466 | -€17,838 | -20.9% |
| Amounts payable within one year | 42/48 | €62,431 | €117,304 | +€54,873 | +87.9% |
| Current portion of amounts payable after more than one year | 42 | €18,030 | €17,838 | -€193 | -1.1% |
| Trade debts | 44 | €1,783 | €1,471 | -€312 | -17.5% |
| Suppliers | 440/4 | €1,783 | €1,471 | -€312 | -17.5% |
| Taxes, remuneration and social security | 45 | €13,816 | €9,239 | -€4,577 | -33.1% |
| Taxes | 450/3 | €13,816 | €9,239 | -€4,577 | -33.1% |
| Other amounts payable | 47/48 | €28,801 | €88,757 | +€59,955 | +208.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,402 | €14,577 | +€1,175 | +8.8% |
| Other operating charges | 640/8 | €1,684 | €3,250 | +€1,566 | +93.0% |
| Gross operating margin | 9900 | €65,158 | €82,069 | +€16,911 | +26.0% |
| Operating profit (loss) | 9901 | €50,072 | €64,241 | +€14,169 | +28.3% |
| Financial income | 75/76B | €403 | €118 | -€285 | -70.8% |
| Recurring financial income | 75 | €403 | €118 | -€285 | -70.8% |
| Financial charges | 65/66B | €2,777 | €2,322 | -€456 | -16.4% |
| Recurring financial charges | 65 | €2,777 | €2,322 | -€456 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €47,698 | €62,037 | +€14,340 | +30.1% |
| Income taxes | 67/77 | €11,186 | €13,636 | +€2,450 | +21.9% |
| Profit (loss) for the period | 9904 | €36,512 | €48,401 | +€11,889 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,512 | €48,401 | +€11,889 | +32.6% |
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 5 October 2026 via checked.be.