titi: 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.
titi
Largest movements
- Receivables within one year -€2,719
down €2,719 (-23.5%), from €11,590 to €8,871
of which Trade receivables: -€8,841
- Cash -€2,382
down €2,382 (-29.3%), from €8,131 to €5,748
mainly Trade debts (-€11,530) and Tax, wage and social debts (-€6,874)
- Stocks and contracts -€1,415
down €1,415 (-4.6%), from €30,759 to €29,344
- Profit (loss) carried forward +€15,906
up €15,906 (+84.2%), from -€18,885 to -€2,979
- Trade debts -€11,530
down €11,530 (-44.5%), from €25,926 to €14,396
- Tax, wage and social debts -€6,874
down €6,874 (-40.5%), from €16,977 to €10,102
of which Remuneration and social security: -€6,185
- Accrued charges and deferred income -€5,000
down €5,000 (-55.6%), from €9,000 to €4,000
- Other debts +€2,143
new in 2025: €2,143
- Gross operating margin +€25,381
up €25,381 (+64.2%), from €39,527 to €64,908
- Staff costs -€2,758
down €2,758 (-5.5%), from €50,137 to €47,379
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 | €53,389 | €46,423 | -€6,965 | -13.0% |
| Fixed assets | 21/28 | €2,909 | €2,438 | -€471 | -16.2% |
| Tangible fixed assets | 22/27 | €2,909 | €2,438 | -€471 | -16.2% |
| Furniture and vehicles | 24 | €2,909 | €2,438 | -€471 | -16.2% |
| Current assets | 29/58 | €50,480 | €43,985 | -€6,495 | -12.9% |
| Stocks and contracts in progress | 3 | €30,759 | €29,344 | -€1,415 | -4.6% |
| Stocks | 30/36 | €30,759 | €29,344 | -€1,415 | -4.6% |
| Amounts receivable within one year | 40/41 | €11,590 | €8,871 | -€2,719 | -23.5% |
| Trade receivables | 40 | €11,554 | €2,713 | -€8,841 | -76.5% |
| Other amounts receivable | 41 | €36 | €6,158 | +€6,122 | +16,879% |
| Cash at bank and in hand | 54/58 | €8,131 | €5,748 | -€2,382 | -29.3% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €53,389 | €46,423 | -€6,965 | -13.0% |
| Equity | 10/15 | -€124 | €15,782 | +€15,906 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €161 | €161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €161 | €161 | = | 0.0% |
| Reserves not available under the articles | 1311 | €161 | €161 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,885 | -€2,979 | +€15,906 | +84.2% |
| Amounts payable | 17/49 | €53,512 | €30,641 | -€22,871 | -42.7% |
| Amounts payable after more than one year | 17 | €1,610 | - | -€1,610 | |
| Other amounts payable | 178/9 | €1,610 | - | -€1,610 | |
| Amounts payable within one year | 42/48 | €42,902 | €26,641 | -€16,261 | -37.9% |
| Trade debts | 44 | €25,926 | €14,396 | -€11,530 | -44.5% |
| Suppliers | 440/4 | €25,926 | €14,396 | -€11,530 | -44.5% |
| Taxes, remuneration and social security | 45 | €16,977 | €10,102 | -€6,874 | -40.5% |
| Taxes | 450/3 | €8,167 | €7,477 | -€689 | -8.4% |
| Remuneration and social security | 454/9 | €8,810 | €2,625 | -€6,185 | -70.2% |
| Other amounts payable | 47/48 | - | €2,143 | +€2,143 | |
| Accrued charges and deferred income | 492/3 | €9,000 | €4,000 | -€5,000 | -55.6% |
| Remuneration, social security and pensions | 62 | €50,137 | €47,379 | -€2,758 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €722 | €471 | -€252 | -34.9% |
| Other operating charges | 640/8 | €250 | €212 | -€38 | -15.1% |
| Gross operating margin | 9900 | €39,527 | €64,908 | +€25,381 | +64.2% |
| Operating profit (loss) | 9901 | -€11,582 | €16,846 | +€28,428 | |
| Financial income | 75/76B | €309 | - | -€309 | |
| Recurring financial income | 75 | €309 | - | -€309 | |
| Financial charges | 65/66B | €1,135 | €940 | -€195 | -17.1% |
| Recurring financial charges | 65 | €1,135 | €940 | -€195 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,408 | €15,906 | +€28,313 | |
| Profit (loss) for the period | 9904 | -€12,408 | €15,906 | +€28,313 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,408 | €15,906 | +€28,313 |
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 18 October 2026 via checked.be.