TITA CONSTRUCT: 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.
TITA CONSTRUCT
Largest movements
- Receivables within one year -€306,734
down €306,734 (-64.1%), from €478,606 to €171,872
of which Trade receivables: -€327,899
- Cash +€5,135
up €5,135 (+18.1%), from €28,310 to €33,445
mainly Receivables within one year (+€306,734) and Net result for the year (+€6,232)
- Trade debts -€291,088
down €291,088 (-87.1%), from €334,025 to €42,937
- Tax, wage and social debts -€21,410
down €21,410 (-87.0%), from €24,622 to €3,212
of which Remuneration and social security: -€23,055
- Profit (loss) carried forward +€6,232
up €6,232 (+4.3%), from €144,876 to €151,108
- Depreciation -€4,770
down €4,770 (-94.2%), from €5,064 to €294
- Gross operating margin +€4,369
up €4,369 (+77.1%), from €5,669 to €10,038
- Financial income +€1,312
up €1,312 (+47.9%), from €2,740 to €4,052
- Taxes -€1,041
down €1,041 (-27.7%), from €3,753 to €2,712
- Other operating charges +€243
up €243 (+441.8%), from €55 to €298
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 | €511,583 | €205,317 | -€306,266 | -59.9% |
| Fixed assets | 21/28 | €4,667 | - | -€4,667 | |
| Tangible fixed assets | 22/27 | €4,667 | - | -€4,667 | |
| Plant, machinery and equipment | 23 | €294 | - | -€294 | |
| Furniture and vehicles | 24 | €4,373 | - | -€4,373 | |
| Current assets | 29/58 | €506,916 | €205,317 | -€301,599 | -59.5% |
| Amounts receivable within one year | 40/41 | €478,606 | €171,872 | -€306,734 | -64.1% |
| Trade receivables | 40 | €420,558 | €92,659 | -€327,899 | -78.0% |
| Other amounts receivable | 41 | €58,048 | €79,213 | +€21,165 | +36.5% |
| Cash at bank and in hand | 54/58 | €28,310 | €33,445 | +€5,135 | +18.1% |
| Total equity and liabilities | 10/49 | €511,583 | €205,317 | -€306,266 | -59.9% |
| Equity | 10/15 | €152,936 | €159,168 | +€6,232 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,876 | €151,108 | +€6,232 | +4.3% |
| Amounts payable | 17/49 | €358,647 | €46,149 | -€312,498 | -87.1% |
| Amounts payable within one year | 42/48 | €358,647 | €46,149 | -€312,498 | -87.1% |
| Trade debts | 44 | €334,025 | €42,937 | -€291,088 | -87.1% |
| Suppliers | 440/4 | €334,025 | €42,937 | -€291,088 | -87.1% |
| Taxes, remuneration and social security | 45 | €24,622 | €3,212 | -€21,410 | -87.0% |
| Taxes | 450/3 | €1,567 | €3,212 | +€1,645 | +105.0% |
| Remuneration and social security | 454/9 | €23,055 | - | -€23,055 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,064 | €294 | -€4,770 | -94.2% |
| Other operating charges | 640/8 | €55 | €298 | +€243 | +441.8% |
| Non-recurring operating charges | 66A | - | €4,373 | +€4,373 | |
| Gross operating margin | 9900 | €5,669 | €10,038 | +€4,369 | +77.1% |
| Operating profit (loss) | 9901 | €550 | €5,073 | +€4,523 | +822.4% |
| Financial income | 75/76B | €2,740 | €4,052 | +€1,312 | +47.9% |
| Recurring financial income | 75 | €2,740 | €4,052 | +€1,312 | +47.9% |
| Financial charges | 65/66B | €112 | €181 | +€69 | +61.6% |
| Recurring financial charges | 65 | €112 | €181 | +€69 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | €3,178 | €8,944 | +€5,766 | +181.4% |
| Income taxes | 67/77 | €3,753 | €2,712 | -€1,041 | -27.7% |
| Profit (loss) for the period | 9904 | -€575 | €6,232 | +€6,807 | |
| Profit (loss) for the period to be appropriated | 9905 | -€575 | €6,232 | +€6,807 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.