TITO: 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.
TITO
Largest movements
- Cash +€51,148
up €51,148 (+45.5%), from €112,334 to €163,483
mainly Net result for the year (+€63,648) and Receivables within one year (+€12,705)
- Current investments +€30,410
up €30,410 (+218.0%), from €13,950 to €44,360
- Receivables within one year -€12,705
down €12,705 (-100.0%), from €12,705 to €0
- Reserves +€62,789
up €62,789 (+55.0%), from €114,207 to €176,996
- Tax, wage and social debts +€6,637
up €6,637 (+37.8%), from €17,555 to €24,192
of which Taxes: +€7,074
- Gross operating margin +€2,792
up €2,792 (+3.6%), from €77,964 to €80,755
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 | €138,989 | €207,843 | +€68,854 | +49.5% |
| Current assets | 29/58 | €138,989 | €207,843 | +€68,854 | +49.5% |
| Amounts receivable within one year | 40/41 | €12,705 | €0 | -€12,705 | -100.0% |
| Trade receivables | 40 | €12,705 | €0 | -€12,705 | -100.0% |
| Current investments | 50/53 | €13,950 | €44,360 | +€30,410 | +218.0% |
| Cash at bank and in hand | 54/58 | €112,334 | €163,483 | +€51,148 | +45.5% |
| Total equity and liabilities | 10/49 | €138,989 | €207,843 | +€68,854 | +49.5% |
| Equity | 10/15 | €116,207 | €178,996 | +€62,789 | +54.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €114,207 | €176,996 | +€62,789 | +55.0% |
| Distributable reserves | 133 | €114,207 | €176,996 | +€62,789 | +55.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,783 | €28,847 | +€6,065 | +26.6% |
| Amounts payable within one year | 42/48 | €22,783 | €28,847 | +€6,065 | +26.6% |
| Taxes, remuneration and social security | 45 | €17,555 | €24,192 | +€6,637 | +37.8% |
| Taxes | 450/3 | €17,118 | €24,192 | +€7,074 | +41.3% |
| Remuneration and social security | 454/9 | €437 | €0 | -€437 | -100.0% |
| Other amounts payable | 47/48 | €5,228 | €4,655 | -€573 | -11.0% |
| Other operating charges | 640/8 | €141 | €544 | +€403 | +287.1% |
| Gross operating margin | 9900 | €77,964 | €80,755 | +€2,792 | +3.6% |
| Operating profit (loss) | 9901 | €77,823 | €80,212 | +€2,388 | +3.1% |
| Financial income | 75/76B | €0 | €586 | +€586 | |
| Recurring financial income | 75 | €0 | €586 | +€586 | |
| Financial charges | 65/66B | €148 | €153 | +€5 | +3.4% |
| Recurring financial charges | 65 | €148 | €153 | +€5 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €77,675 | €80,645 | +€2,970 | +3.8% |
| Income taxes | 67/77 | €16,442 | €16,997 | +€555 | +3.4% |
| Profit (loss) for the period | 9904 | €61,233 | €63,648 | +€2,415 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,233 | €63,648 | +€2,415 | +3.9% |
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 11 October 2026 via checked.be.