TISZO DESIGN: 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.
TISZO DESIGN
Largest movements
- Tangible fixed assets +€47,852
up €47,852 (+666%), from €7,182 to €55,035
of which Furniture and vehicles: +€49,500
- Receivables within one year +€18,216
up €18,216 (+46.4%), from €39,271 to €57,487
of which Other amounts receivable: +€25,575
- Cash -€6,656
down €6,656 (-82.0%), from €8,114 to €1,458
mainly Investment in fixed assets (net) (-€55,000) and Receivables within one year (-€18,216)
- Debts after one year +€26,643
new in 2025: €26,643
- Current portion of long-term debt +€18,080
new in 2025: €18,080
- Reserves +€10,684
up €10,684 (+37.1%), from €28,803 to €39,486
- Tax, wage and social debts +€9,004
up €9,004 (+93.8%), from €9,598 to €18,602
of which Remuneration and social security: +€5,850
- Trade debts -€5,097
down €5,097 (-42.2%), from €12,066 to €6,969
- Gross operating margin -€16,346
down €16,346 (-42.8%), from €38,205 to €21,859
- Depreciation +€6,092
up €6,092 (+527%), from €1,155 to €7,248
- Taxes -€4,396
down €4,396 (-59.0%), from €7,448 to €3,053
- Financial charges +€1,282
up €1,282 (+1,347%), from €95 to €1,378
- Financial income +€919
up €919 (+438%), from €210 to €1,129
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 | €55,467 | €114,780 | +€59,313 | +107% |
| Fixed assets | 21/28 | €8,082 | €55,835 | +€47,752 | +591% |
| Intangible fixed assets | 21 | €900 | €800 | -€100 | -11.1% |
| Tangible fixed assets | 22/27 | €7,182 | €55,035 | +€47,852 | +666% |
| Plant, machinery and equipment | 23 | €7,182 | €5,535 | -€1,648 | -22.9% |
| Furniture and vehicles | 24 | - | €49,500 | +€49,500 | |
| Current assets | 29/58 | €47,385 | €58,945 | +€11,560 | +24.4% |
| Amounts receivable within one year | 40/41 | €39,271 | €57,487 | +€18,216 | +46.4% |
| Trade receivables | 40 | €24,436 | €17,078 | -€7,358 | -30.1% |
| Other amounts receivable | 41 | €14,835 | €40,409 | +€25,575 | +172% |
| Cash at bank and in hand | 54/58 | €8,114 | €1,458 | -€6,656 | -82.0% |
| Total equity and liabilities | 10/49 | €55,467 | €114,780 | +€59,313 | +107% |
| Equity | 10/15 | €33,803 | €44,486 | +€10,684 | +31.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €28,803 | €39,486 | +€10,684 | +37.1% |
| Distributable reserves | 133 | €28,803 | €39,486 | +€10,684 | +37.1% |
| Amounts payable | 17/49 | €21,664 | €70,293 | +€48,629 | +224% |
| Amounts payable after more than one year | 17 | - | €26,643 | +€26,643 | |
| Financial debts | 170/4 | - | €26,643 | +€26,643 | |
| Amounts payable within one year | 42/48 | €21,664 | €43,650 | +€21,986 | +101% |
| Current portion of amounts payable after more than one year | 42 | - | €18,080 | +€18,080 | |
| Trade debts | 44 | €12,066 | €6,969 | -€5,097 | -42.2% |
| Suppliers | 440/4 | €12,066 | €6,969 | -€5,097 | -42.2% |
| Taxes, remuneration and social security | 45 | €9,598 | €18,602 | +€9,004 | +93.8% |
| Taxes | 450/3 | €7,448 | €10,602 | +€3,154 | +42.3% |
| Remuneration and social security | 454/9 | €2,150 | €8,000 | +€5,850 | +272% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €7,248 | +€6,092 | +527% |
| Other operating charges | 640/8 | €913 | €627 | -€286 | -31.3% |
| Gross operating margin | 9900 | €38,205 | €21,859 | -€16,346 | -42.8% |
| Operating profit (loss) | 9901 | €36,137 | €13,985 | -€22,152 | -61.3% |
| Financial income | 75/76B | €210 | €1,129 | +€919 | +438% |
| Recurring financial income | 75 | €210 | €1,129 | +€919 | +438% |
| Financial charges | 65/66B | €95 | €1,378 | +€1,282 | +1,347% |
| Recurring financial charges | 65 | €95 | €1,378 | +€1,282 | +1,347% |
| Profit (loss) for the period before taxes | 9903 | €36,251 | €13,736 | -€22,515 | -62.1% |
| Income taxes | 67/77 | €7,448 | €3,053 | -€4,396 | -59.0% |
| Profit (loss) for the period | 9904 | €28,803 | €10,684 | -€18,119 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,803 | €10,684 | -€18,119 | -62.9% |
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 17 October 2026 via checked.be.