TJIRANDJI: 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.
TJIRANDJI
Largest movements
- Tangible fixed assets +€10,824
up €10,824 (+137%), from €7,921 to €18,744
- Cash -€1,861
down €1,861 (-43.6%), from €4,264 to €2,403
mainly Trade debts (-€113,617) and Investment in fixed assets (net) (-€13,084)
- Trade debts -€113,617
down €113,617 (-97.1%), from €117,010 to €3,393
- Profit (loss) carried forward +€87,556
up €87,556 (+1.3%), from -€6.5m to -€6.5m
- Other debts +€34,944
up €34,944 (+4.9%), from €715,792 to €750,736
- Financial charges -€3.8m
down €3.8m (-99.4%), from €3.8m to €22,040
of which Non-recurring financial charges: -€3.8m
- Write-downs -€340,044
no longer reported in 2025 (was €340,044)
- Financial income +€115,325
up €115,325 (+41,592%), from €277 to €115,603
of which Non-recurring financial income: +€115,601
- Provisions -€58,900
no longer reported in 2025 (was €58,900)
- Gross operating margin +€14,185
up €14,185, from -€13,083 to €1,103
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.
Derived cash bridge
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 | €60,741 | €69,545 | +€8,804 | +14.5% |
| Fixed assets | 21/28 | €54,900 | €65,724 | +€10,824 | +19.7% |
| Tangible fixed assets | 22/27 | €7,921 | €18,744 | +€10,824 | +137% |
| Furniture and vehicles | 24 | €7,921 | €18,744 | +€10,824 | +137% |
| Financial fixed assets | 28 | €46,980 | €46,980 | = | 0.0% |
| Current assets | 29/58 | €5,841 | €3,821 | -€2,020 | -34.6% |
| Amounts receivable within one year | 40/41 | €1,577 | €1,418 | -€159 | -10.1% |
| Trade receivables | 40 | €1,160 | €1,000 | -€160 | -13.8% |
| Other amounts receivable | 41 | €417 | €418 | +€2 | +0.4% |
| Cash at bank and in hand | 54/58 | €4,264 | €2,403 | -€1,861 | -43.6% |
| Total equity and liabilities | 10/49 | €60,741 | €69,545 | +€8,804 | +14.5% |
| Equity | 10/15 | -€6,305,369 | -€6,217,813 | +€87,556 | +1.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €219,998 | €219,998 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €217,998 | €217,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,545,367 | -€6,457,811 | +€87,556 | +1.3% |
| Amounts payable | 17/49 | €6,366,110 | €6,287,358 | -€78,752 | -1.2% |
| Amounts payable after more than one year | 17 | €5,532,936 | €5,532,531 | -€405 | 0.0% |
| Financial debts | 170/4 | €5,532,936 | €5,532,531 | -€405 | 0.0% |
| Amounts payable within one year | 42/48 | €833,174 | €754,827 | -€78,347 | -9.4% |
| Trade debts | 44 | €117,010 | €3,393 | -€113,617 | -97.1% |
| Suppliers | 440/4 | €117,010 | €3,393 | -€113,617 | -97.1% |
| Taxes, remuneration and social security | 45 | €372 | €699 | +€327 | +87.8% |
| Taxes | 450/3 | €372 | €699 | +€327 | +87.8% |
| Other amounts payable | 47/48 | €715,792 | €750,736 | +€34,944 | +4.9% |
| Non-recurring operating income | 76A | €3,843 | - | -€3,843 | |
| Remuneration, social security and pensions | 62 | €426 | - | -€426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,602 | €2,260 | -€3,342 | -59.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €340,044 | - | -€340,044 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €58,900 | - | -€58,900 | |
| Other operating charges | 640/8 | €2,104 | €2,764 | +€660 | +31.4% |
| Non-recurring operating charges | 66A | €33,516 | €1,897 | -€31,619 | -94.3% |
| Gross operating margin | 9900 | -€13,083 | €1,103 | +€14,185 | |
| Operating profit (loss) | 9901 | -€453,675 | -€5,818 | +€447,857 | +98.7% |
| Financial income | 75/76B | €277 | €115,603 | +€115,325 | +41,592% |
| Recurring financial income | 75 | €277 | €1 | -€276 | -99.5% |
| Non-recurring financial income | 76B | - | €115,601 | +€115,601 | |
| Financial charges | 65/66B | €3,843,704 | €22,040 | -€3.8m | -99.4% |
| Recurring financial charges | 65 | €29,291 | €22,040 | -€7,251 | -24.8% |
| Non-recurring financial charges | 66B | €3,814,412 | - | -€3.8m | |
| Profit (loss) for the period before taxes | 9903 | -€4,297,101 | €87,744 | +€4.4m | |
| Income taxes | 67/77 | €206 | €188 | -€18 | -8.5% |
| Profit (loss) for the period | 9904 | -€4,297,307 | €87,556 | +€4.4m | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,297,307 | €87,556 | +€4.4m |
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 29 October 2026 via checked.be.