TIX02: 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.
TIX02
Largest movements
- Receivables within one year -€28,682
down €28,682 (-69.4%), from €41,312 to €12,631
of which Trade receivables: -€22,835
- Cash +€25,351
up €25,351 (+37.2%), from €68,179 to €93,530
mainly Receivables within one year (+€28,682) and Trade debts (+€10,148)
- Trade debts +€10,148
up €10,148 (+1207.4%), from €841 to €10,989
- Other debts -€6,504
down €6,504 (-49.6%), from €13,105 to €6,601
- Tax, wage and social debts -€5,474
down €5,474 (-60.5%), from €9,050 to €3,576
- Profit (loss) carried forward -€1,242
down €1,242 (-1.5%), from €81,706 to €80,464
- Turnover -€104,877
no longer reported in 2025 (was €104,877)
- Purchases and services -€95,788
no longer reported in 2025 (was €95,788)
- Gross operating margin -€7,901
down €7,901 (-86.9%), from €9,088 to €1,187
- Depreciation -€2,577
down €2,577 (-63.2%), from €4,078 to €1,501
- Other operating charges -€1,740
down €1,740 (-71.0%), from €2,450 to €711
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 | €112,761 | €109,690 | -€3,071 | -2.7% |
| Fixed assets | 21/28 | €3,081 | €3,529 | +€449 | +14.6% |
| Tangible fixed assets | 22/27 | €3,042 | €3,490 | +€449 | +14.8% |
| Plant, machinery and equipment | 23 | €626 | €533 | -€93 | -14.9% |
| Furniture and vehicles | 24 | €2,415 | €2,957 | +€542 | +22.4% |
| Financial fixed assets | 28 | €39 | €39 | = | 0.0% |
| Current assets | 29/58 | €109,681 | €106,161 | -€3,520 | -3.2% |
| Amounts receivable within one year | 40/41 | €41,312 | €12,631 | -€28,682 | -69.4% |
| Trade receivables | 40 | €29,967 | €7,133 | -€22,835 | -76.2% |
| Other amounts receivable | 41 | €11,345 | €5,498 | -€5,847 | -51.5% |
| Cash at bank and in hand | 54/58 | €68,179 | €93,530 | +€25,351 | +37.2% |
| Deferred charges and accrued income | 490/1 | €189 | - | -€189 | |
| Total equity and liabilities | 10/49 | €112,761 | €109,690 | -€3,071 | -2.7% |
| Equity | 10/15 | €89,766 | €88,524 | -€1,242 | -1.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,706 | €80,464 | -€1,242 | -1.5% |
| Amounts payable | 17/49 | €22,995 | €21,166 | -€1,829 | -8.0% |
| Amounts payable within one year | 42/48 | €22,995 | €21,166 | -€1,829 | -8.0% |
| Trade debts | 44 | €841 | €10,989 | +€10,148 | +1207.4% |
| Suppliers | 440/4 | €841 | €10,989 | +€10,148 | +1207.4% |
| Taxes, remuneration and social security | 45 | €9,050 | €3,576 | -€5,474 | -60.5% |
| Taxes | 450/3 | €9,050 | €3,576 | -€5,474 | -60.5% |
| Other amounts payable | 47/48 | €13,105 | €6,601 | -€6,504 | -49.6% |
| Turnover | 70 | €104,877 | - | -€104,877 | |
| Goods, raw materials, services and sundry goods | 60/61 | €95,788 | - | -€95,788 | |
| Remuneration, social security and pensions | 62 | €1,658 | - | -€1,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,078 | €1,501 | -€2,577 | -63.2% |
| Other operating charges | 640/8 | €2,450 | €711 | -€1,740 | -71.0% |
| Gross operating margin | 9900 | €9,088 | €1,187 | -€7,901 | -86.9% |
| Operating profit (loss) | 9901 | €902 | -€1,024 | -€1,926 | |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €187 | €175 | -€12 | -6.4% |
| Recurring financial charges | 65 | €187 | €175 | -€12 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €715 | -€1,165 | -€1,880 | |
| Income taxes | 67/77 | €507 | €77 | -€430 | -84.9% |
| Profit (loss) for the period | 9904 | €207 | -€1,242 | -€1,450 | |
| Profit (loss) for the period to be appropriated | 9905 | €207 | -€1,242 | -€1,450 |
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 10 October 2026 via checked.be.