TLT Automation: what changed
TLT Automation
Largest movements
- Deferred charges and accrued income +€56,634
new in 2025: €56,634
- Stocks and contracts -€50,550
down €50,550 (-52.9%), from €95,550 to €45,000
of which Contracts in progress: -€70,000
- Receivables within one year -€40,651
down €40,651 (-15.0%), from €271,639 to €230,988
of which Other amounts receivable: -€41,242
- Cash -€25,639
down €25,639 (-18.2%), from €141,066 to €115,427
mainly Trade debts (-€183,705) and Deferred charges and accrued income (-€56,634)
- Trade debts -€183,705
down €183,705 (-44.2%), from €415,159 to €231,453
- Reserves +€113,903
up €113,903 (+147%), from €77,333 to €191,237
- Tax, wage and social debts +€7,009
up €7,009 (+253%), from €2,766 to €9,774
- Gross operating margin +€110,758
up €110,758 (+411%), from €26,927 to €137,684
- Staff costs +€16,002
new in 2025: €16,002
- Taxes -€2,583
down €2,583 (-93.4%), from €2,766 to €183
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,906 | €454,510 | -€61,396 | -11.9% |
| Fixed assets | 21/28 | €7,651 | €6,461 | -€1,189 | -15.5% |
| Tangible fixed assets | 22/27 | €7,651 | €6,461 | -€1,189 | -15.5% |
| Plant, machinery and equipment | 23 | €7,651 | €1,916 | -€5,735 | -75.0% |
| Furniture and vehicles | 24 | - | €4,545 | +€4,545 | |
| Current assets | 29/58 | €508,255 | €448,049 | -€60,206 | -11.8% |
| Stocks and contracts in progress | 3 | €95,550 | €45,000 | -€50,550 | -52.9% |
| Stocks | 30/36 | €15,550 | €35,000 | +€19,450 | +125% |
| Contracts in progress | 37 | €80,000 | €10,000 | -€70,000 | -87.5% |
| Amounts receivable within one year | 40/41 | €271,639 | €230,988 | -€40,651 | -15.0% |
| Trade receivables | 40 | €230,397 | €230,988 | +€591 | +0.3% |
| Other amounts receivable | 41 | €41,242 | - | -€41,242 | |
| Cash at bank and in hand | 54/58 | €141,066 | €115,427 | -€25,639 | -18.2% |
| Deferred charges and accrued income | 490/1 | - | €56,634 | +€56,634 | |
| Total equity and liabilities | 10/49 | €515,906 | €454,510 | -€61,396 | -11.9% |
| Equity | 10/15 | €97,333 | €211,237 | +€113,903 | +117% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €77,333 | €191,237 | +€113,903 | +147% |
| Distributable reserves | 133 | €77,333 | €191,237 | +€113,903 | +147% |
| Amounts payable | 17/49 | €418,573 | €243,274 | -€175,299 | -41.9% |
| Amounts payable within one year | 42/48 | €418,015 | €243,274 | -€174,741 | -41.8% |
| Trade debts | 44 | €415,159 | €231,453 | -€183,705 | -44.2% |
| Suppliers | 440/4 | €415,159 | €231,453 | -€183,705 | -44.2% |
| Taxes, remuneration and social security | 45 | €2,766 | €9,774 | +€7,009 | +253% |
| Taxes | 450/3 | €2,766 | €9,774 | +€7,009 | +253% |
| Other amounts payable | 47/48 | €91 | €2,046 | +€1,955 | +2,160% |
| Accrued charges and deferred income | 492/3 | €558 | - | -€558 | |
| Remuneration, social security and pensions | 62 | - | €16,002 | +€16,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,914 | €6,714 | +€800 | +13.5% |
| Other operating charges | 640/8 | €287 | €794 | +€507 | +177% |
| Gross operating margin | 9900 | €26,927 | €137,684 | +€110,758 | +411% |
| Operating profit (loss) | 9901 | €20,725 | €114,173 | +€93,448 | +451% |
| Financial income | 75/76B | €919 | €76 | -€843 | -91.7% |
| Recurring financial income | 75 | €919 | €76 | -€843 | -91.7% |
| Financial charges | 65/66B | €141 | €163 | +€22 | +15.4% |
| Recurring financial charges | 65 | €141 | €163 | +€22 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €21,503 | €114,086 | +€92,583 | +431% |
| Income taxes | 67/77 | €2,766 | €183 | -€2,583 | -93.4% |
| Profit (loss) for the period | 9904 | €18,737 | €113,903 | +€95,166 | +508% |
| Profit (loss) for the period to be appropriated | 9905 | €18,737 | €113,903 | +€95,166 | +508% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.