TITANIUM CONSULTING: 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.
TITANIUM CONSULTING
Largest movements
- Current investments -€110,000
no longer reported in 2025 (was €110,000)
- Cash +€44,572
up €44,572 (+328.9%), from €13,551 to €58,123
mainly Current investments (+€110,000) and Trade debts (+€1,490)
- Receivables within one year +€2,772
up €2,772 (+90.1%), from €3,077 to €5,849
- Profit (loss) carried forward -€60,902
new in 2025: -€60,902
- Other debts -€2,200
down €2,200 (-34.5%), from €6,383 to €4,183
- Trade debts +€1,490
up €1,490 (+724.2%), from €206 to €1,696
- Gross operating margin -€177,562
down €177,562, from €116,039 to -€61,523
- Taxes -€33,456
down €33,456 (-99.2%), from €33,739 to €283
- Financial income +€1,233
new in 2025: €1,233
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 | €126,628 | €63,972 | -€62,656 | -49.5% |
| Current assets | 29/58 | €126,628 | €63,972 | -€62,656 | -49.5% |
| Amounts receivable within one year | 40/41 | €3,077 | €5,849 | +€2,772 | +90.1% |
| Other amounts receivable | 41 | €3,077 | €5,849 | +€2,772 | +90.1% |
| Current investments | 50/53 | €110,000 | - | -€110,000 | |
| Cash at bank and in hand | 54/58 | €13,551 | €58,123 | +€44,572 | +328.9% |
| Total equity and liabilities | 10/49 | €126,628 | €63,972 | -€62,656 | -49.5% |
| Equity | 10/15 | €85,300 | €24,398 | -€60,902 | -71.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,300 | €82,300 | = | 0.0% |
| Distributable reserves | 133 | €82,300 | €82,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€60,902 | -€60,902 | |
| Amounts payable | 17/49 | €41,328 | €39,574 | -€1,754 | -4.2% |
| Amounts payable within one year | 42/48 | €41,328 | €39,574 | -€1,754 | -4.2% |
| Trade debts | 44 | €206 | €1,696 | +€1,490 | +724.2% |
| Suppliers | 440/4 | €206 | €1,696 | +€1,490 | +724.2% |
| Taxes, remuneration and social security | 45 | €34,739 | €33,695 | -€1,044 | -3.0% |
| Taxes | 450/3 | €34,739 | €33,695 | -€1,044 | -3.0% |
| Other amounts payable | 47/48 | €6,383 | €4,183 | -€2,200 | -34.5% |
| Gross operating margin | 9900 | €116,039 | -€61,523 | -€177,562 | |
| Operating profit (loss) | 9901 | €116,039 | -€61,523 | -€177,562 | |
| Financial income | 75/76B | - | €1,233 | +€1,233 | |
| Recurring financial income | 75 | - | €1,233 | +€1,233 | |
| Financial charges | 65/66B | - | €329 | +€329 | |
| Recurring financial charges | 65 | - | €329 | +€329 | |
| Profit (loss) for the period before taxes | 9903 | €116,039 | -€60,619 | -€176,658 | |
| Income taxes | 67/77 | €33,739 | €283 | -€33,456 | -99.2% |
| Profit (loss) for the period | 9904 | €82,300 | -€60,902 | -€143,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €82,300 | -€60,902 | -€143,202 |
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 2 October 2026 via checked.be.