TITUS & CO: 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.
TITUS & CO
Largest movements
- Stocks and contracts -€35,528
down €35,528 (-100.0%), from €35,528 to €0
- Cash +€34,431
up €34,431 (+831.7%), from €4,140 to €38,571
mainly Stocks and contracts (+€35,528) and Other debts (+€15,874)
- Tangible fixed assets -€10,878
down €10,878 (-28.7%), from €37,962 to €27,084
of which Plant, machinery and equipment: -€8,659
- Receivables within one year -€1,173
down €1,173 (-8.5%), from €13,735 to €12,562
of which Trade receivables: -€1,173
- Profit (loss) carried forward -€23,179
down €23,179 (-5.3%), from -€436,675 to -€459,854
- Other debts +€15,874
up €15,874 (+3.5%), from €450,488 to €466,362
- Current portion of long-term debt -€12,740
down €12,740 (-100.0%), from €12,740 to €0
- Tax, wage and social debts +€9,102
up €9,102 (+357.7%), from €2,545 to €11,646
of which Remuneration and social security: +€4,815
- Trade debts -€2,421
down €2,421 (-18.3%), from €13,205 to €10,784
- Depreciation -€13,054
down €13,054 (-85.5%), from €15,273 to €2,219
- Staff costs +€9,009
up €9,009 (+30.7%), from €29,346 to €38,355
- Financial charges -€2,420
down €2,420 (-85.1%), from €2,844 to €424
- Other operating charges -€1,174
down €1,174 (-63.0%), from €1,865 to €691
- Gross operating margin -€1,047
down €1,047 (-5.1%), from €20,506 to €19,460
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 | €92,303 | €78,938 | -€13,365 | -14.5% |
| Fixed assets | 21/28 | €37,962 | €27,084 | -€10,878 | -28.7% |
| Tangible fixed assets | 22/27 | €37,962 | €27,084 | -€10,878 | -28.7% |
| Land and buildings | 22 | €28,882 | €27,084 | -€1,799 | -6.2% |
| Plant, machinery and equipment | 23 | €8,659 | €0 | -€8,659 | -100.0% |
| Furniture and vehicles | 24 | €421 | €0 | -€421 | -100.0% |
| Current assets | 29/58 | €54,341 | €51,854 | -€2,487 | -4.6% |
| Stocks and contracts in progress | 3 | €35,528 | €0 | -€35,528 | -100.0% |
| Stocks | 30/36 | €35,528 | €0 | -€35,528 | -100.0% |
| Amounts receivable within one year | 40/41 | €13,735 | €12,562 | -€1,173 | -8.5% |
| Trade receivables | 40 | €13,735 | €12,562 | -€1,173 | -8.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,140 | €38,571 | +€34,431 | +831.7% |
| Deferred charges and accrued income | 490/1 | €938 | €721 | -€217 | -23.2% |
| Total equity and liabilities | 10/49 | €92,303 | €78,938 | -€13,365 | -14.5% |
| Equity | 10/15 | -€386,675 | -€409,854 | -€23,179 | -6.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€436,675 | -€459,854 | -€23,179 | -5.3% |
| Amounts payable | 17/49 | €478,977 | €488,792 | +€9,815 | +2.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €478,977 | €488,792 | +€9,815 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €12,740 | €0 | -€12,740 | -100.0% |
| Trade debts | 44 | €13,205 | €10,784 | -€2,421 | -18.3% |
| Suppliers | 440/4 | €13,205 | €10,784 | -€2,421 | -18.3% |
| Taxes, remuneration and social security | 45 | €2,545 | €11,646 | +€9,102 | +357.7% |
| Taxes | 450/3 | €393 | €4,680 | +€4,287 | +1090.7% |
| Remuneration and social security | 454/9 | €2,152 | €6,967 | +€4,815 | +223.8% |
| Other amounts payable | 47/48 | €450,488 | €466,362 | +€15,874 | +3.5% |
| Non-recurring operating income | 76A | - | €896 | +€896 | |
| Remuneration, social security and pensions | 62 | €29,346 | €38,355 | +€9,009 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,273 | €2,219 | -€13,054 | -85.5% |
| Other operating charges | 640/8 | €1,865 | €691 | -€1,174 | -63.0% |
| Non-recurring operating charges | 66A | €0 | €875 | +€875 | |
| Gross operating margin | 9900 | €20,506 | €19,460 | -€1,047 | -5.1% |
| Operating profit (loss) | 9901 | -€25,977 | -€22,680 | +€3,297 | +12.7% |
| Financial income | 75/76B | €6 | €101 | +€95 | +1559.7% |
| Recurring financial income | 75 | €6 | €101 | +€95 | +1559.7% |
| Financial charges | 65/66B | €2,844 | €424 | -€2,420 | -85.1% |
| Recurring financial charges | 65 | €2,844 | €424 | -€2,420 | -85.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,815 | -€23,003 | +€5,812 | +20.2% |
| Income taxes | 67/77 | €173 | €176 | +€3 | +1.8% |
| Profit (loss) for the period | 9904 | -€28,988 | -€23,179 | +€5,809 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,988 | -€23,179 | +€5,809 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.