TIZOSELI: 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.
TIZOSELI
Largest movements
- Receivables after one year +€75,000
new in 2023: €75,000
- Receivables within one year -€56,583
down €56,583 (-40.1%), from €140,999 to €84,415
of which Other amounts receivable: -€71,221
- Tangible fixed assets +€5,130
up €5,130 (+769%), from €667 to €5,797
- Trade debts +€32,805
up €32,805 (+335%), from €9,785 to €42,590
- Tax, wage and social debts -€32,085
down €32,085 (-48.0%), from €66,801 to €34,716
of which Remuneration and social security: -€32,532
- Advances received +€22,527
new in 2023: €22,527
- Debts after one year -€10,728
down €10,728 (-23.4%), from €45,760 to €35,033
- Other debts +€8,176
new in 2023: €8,176
- Staff costs -€17,044
down €17,044 (-78.7%), from €21,656 to €4,611
- Gross operating margin +€8,307
up €8,307 (+56.5%), from €14,713 to €23,019
- Financial income -€3,783
down €3,783 (-94.0%), from €4,025 to €242
- Financial charges -€539
down €539 (-8.2%), from €6,585 to €6,046
- Depreciation +€307
up €307 (+15.7%), from €1,948 to €2,255
From the 2022 result to the 2023 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,124 | €169,670 | +€23,547 | +16.1% |
| Fixed assets | 21/28 | €2,517 | €7,647 | +€5,130 | +204% |
| Tangible fixed assets | 22/27 | €667 | €5,797 | +€5,130 | +769% |
| Furniture and vehicles | 24 | €667 | €5,797 | +€5,130 | +769% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €143,606 | €162,023 | +€18,417 | +12.8% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | €140,999 | €84,415 | -€56,583 | -40.1% |
| Trade receivables | 40 | €43,851 | €58,489 | +€14,638 | +33.4% |
| Other amounts receivable | 41 | €97,147 | €25,926 | -€71,221 | -73.3% |
| Deferred charges and accrued income | 490/1 | €2,608 | €2,608 | = | 0.0% |
| Total equity and liabilities | 10/49 | €146,124 | €169,670 | +€23,547 | +16.1% |
| Equity | 10/15 | -€17,700 | -€12,191 | +€5,509 | +31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,160 | -€42,651 | +€5,509 | +11.4% |
| Amounts payable | 17/49 | €163,823 | €181,861 | +€18,037 | +11.0% |
| Amounts payable after more than one year | 17 | €45,760 | €35,033 | -€10,728 | -23.4% |
| Financial debts | 170/4 | €45,760 | €35,033 | -€10,728 | -23.4% |
| Amounts payable within one year | 42/48 | €115,063 | €143,828 | +€28,765 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €10,979 | €8,606 | -€2,373 | -21.6% |
| Financial debts | 43 | €27,498 | €27,212 | -€285 | -1.0% |
| Credit institutions | 430/8 | €27,498 | €27,212 | -€285 | -1.0% |
| Trade debts | 44 | €9,785 | €42,590 | +€32,805 | +335% |
| Suppliers | 440/4 | €9,785 | €42,590 | +€32,805 | +335% |
| Advances received on contracts in progress | 46 | - | €22,527 | +€22,527 | |
| Taxes, remuneration and social security | 45 | €66,801 | €34,716 | -€32,085 | -48.0% |
| Taxes | 450/3 | €32,624 | €33,071 | +€448 | +1.4% |
| Remuneration and social security | 454/9 | €34,177 | €1,645 | -€32,532 | -95.2% |
| Other amounts payable | 47/48 | - | €8,176 | +€8,176 | |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €21,656 | €4,611 | -€17,044 | -78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,948 | €2,255 | +€307 | +15.7% |
| Other operating charges | 640/8 | €4,488 | €4,539 | +€51 | +1.1% |
| Gross operating margin | 9900 | €14,713 | €23,019 | +€8,307 | +56.5% |
| Operating profit (loss) | 9901 | -€13,380 | €11,614 | +€24,993 | |
| Financial income | 75/76B | €4,025 | €242 | -€3,783 | -94.0% |
| Recurring financial income | 75 | €4,025 | €242 | -€3,783 | -94.0% |
| Financial charges | 65/66B | €6,585 | €6,046 | -€539 | -8.2% |
| Recurring financial charges | 65 | €6,585 | €6,046 | -€539 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,940 | €5,810 | +€21,750 | |
| Income taxes | 67/77 | - | €301 | +€301 | |
| Profit (loss) for the period | 9904 | -€15,940 | €5,509 | +€21,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,940 | €5,509 | +€21,449 |
Source: filed annual accounts (NBB), financial years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.