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TITTOR: 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.

What changed

TITTOR

BE 0830.592.291
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12,051
2024 · €11,845+€206
Equity
€875
2024 · -€5,176+€6,051
Cash
€111
2024 · €10,667-€10,556
Balance sheet total
€14,077
2024 · €15,031-€954

Largest movements

2024 to 2025
Assets
  • Cash -€10,556

    down €10,556 (-99.0%), from €10,667 to €111

    mainly Other debts (-€9,589) and Receivables within one year (-€7,936)

  • Receivables within one year +€7,936

    up €7,936 (+247%), from €3,219 to €11,155

    of which Other amounts receivable: +€9,686

  • Tangible fixed assets +€2,768

    new in 2025: €2,768

  • Current investments -€1,102

    down €1,102 (-96.2%), from €1,145 to €43

Equity and liabilities
  • Other debts -€9,589

    down €9,589 (-61.5%), from €15,589 to €6,000

  • Profit (loss) carried forward +€6,051

    up €6,051 (+53.2%), from -€11,376 to -€5,325

  • Tax, wage and social debts +€4,500

    up €4,500 (+225%), from €2,000 to €6,500

  • Trade debts -€1,916

    down €1,916 (-73.2%), from €2,618 to €702

Income statement
  • Gross operating margin +€2,883

    up €2,883 (+21.9%), from €13,171 to €16,054

  • Taxes +€2,001

    up €2,001 (+200,100%), from €1 to €2,002

  • Other operating charges -€1,120

    no longer reported in 2025 (was €1,120)

  • Financial charges +€1,114

    up €1,114 (+530%), from €210 to €1,324

    of which Non-recurring financial charges: +€907

  • Depreciation +€620

    new in 2025: €620

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €11,845
Gross operating margin +€2,883
Depreciation -€620
Other operating charges +€1,120
Other operating items -€63
Financial income +€1
Financial charges -€1,114
Taxes -€2,001
Result 2025 €12,051
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations -€2,270
Investment -€2,286
Financing -€6,000
Cash 2024 €10,667
Net result for the year +€12,051
Depreciation +€620
Receivables within one year -€7,936
Trade debts -€1,916
Tax, wage and social debts +€4,500
Other debts -€9,589
Investment in fixed assets (net) -€3,388
Current investments +€1,102
Contributions, distributions and other -€6,000
Cash 2025 €111
brings cash intakes cash out
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €15,031 €14,077 -€954 -6.3%
Fixed assets 21/28 - €2,768 +€2,768
Tangible fixed assets 22/27 - €2,768 +€2,768
Land and buildings 22 - €2,768 +€2,768
Current assets 29/58 €15,031 €11,309 -€3,722 -24.8%
Amounts receivable within one year 40/41 €3,219 €11,155 +€7,936 +247%
Trade receivables 40 €1,750 - -€1,750
Other amounts receivable 41 €1,469 €11,155 +€9,686 +659%
Current investments 50/53 €1,145 €43 -€1,102 -96.2%
Cash at bank and in hand 54/58 €10,667 €111 -€10,556 -99.0%
Total equity and liabilities 10/49 €15,031 €14,077 -€954 -6.3%
Equity 10/15 -€5,176 €875 +€6,051
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€11,376 -€5,325 +€6,051 +53.2%
Amounts payable 17/49 €20,207 €13,202 -€7,005 -34.7%
Amounts payable within one year 42/48 €20,207 €13,202 -€7,005 -34.7%
Trade debts 44 €2,618 €702 -€1,916 -73.2%
Suppliers 440/4 €2,618 €702 -€1,916 -73.2%
Taxes, remuneration and social security 45 €2,000 €6,500 +€4,500 +225%
Taxes 450/3 €2,000 €6,500 +€4,500 +225%
Other amounts payable 47/48 €15,589 €6,000 -€9,589 -61.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €620 +€620
Other operating charges 640/8 €1,120 - -€1,120
Non-recurring operating charges 66A - €63 +€63
Gross operating margin 9900 €13,171 €16,054 +€2,883 +21.9%
Operating profit (loss) 9901 €12,051 €15,371 +€3,320 +27.5%
Financial income 75/76B €5 €6 +€1 +20.0%
Recurring financial income 75 €5 €6 +€1 +20.0%
Financial charges 65/66B €210 €1,324 +€1,114 +530%
Recurring financial charges 65 €210 €417 +€207 +98.6%
Non-recurring financial charges 66B - €907 +€907
Profit (loss) for the period before taxes 9903 €11,846 €14,053 +€2,207 +18.6%
Income taxes 67/77 €1 €2,002 +€2,001 +200,100%
Profit (loss) for the period 9904 €11,845 €12,051 +€206 +1.7%
Profit (loss) for the period to be appropriated 9905 €11,845 €12,051 +€206 +1.7%

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 21 October 2026 via checked.be.