TSITA: 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.
TSITA
Largest movements
- Receivables within one year +€14,014
up €14,014 (+2,467%), from €568 to €14,582
of which Other amounts receivable: +€7,740
- Cash +€2,606
up €2,606 (+47.8%), from €5,456 to €8,061
mainly Other debts (+€9,765) and Tax, wage and social debts (+€8,694)
- Tangible fixed assets +€1,211
up €1,211 (+30.3%), from €3,995 to €5,206
of which Other tangible fixed assets: +€1,454
- Other debts +€9,765
new in 2025: €9,765
- Tax, wage and social debts +€8,694
up €8,694 (+694%), from €1,254 to €9,947
of which Taxes: +€6,924
- Profit (loss) carried forward -€1,140
down €1,140 (-32.6%), from €3,499 to €2,359
- Trade debts +€598
up €598 (+225%), from €266 to €863
of which Suppliers: +€598
- Gross operating margin +€8,727
up €8,727 (+170%), from €5,142 to €13,869
- Taxes +€2,221
up €2,221 (+292%), from €760 to €2,981
- Depreciation +€866
up €866 (+104%), from €836 to €1,702
- Other operating charges -€208
down €208 (-34.2%), from €607 to €400
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 | €10,019 | €27,934 | +€17,915 | +179% |
| Fixed assets | 21/28 | €3,995 | €5,206 | +€1,211 | +30.3% |
| Tangible fixed assets | 22/27 | €3,995 | €5,206 | +€1,211 | +30.3% |
| Furniture and vehicles | 24 | €3,995 | €3,752 | -€243 | -6.1% |
| Other tangible fixed assets | 26 | - | €1,454 | +€1,454 | |
| Current assets | 29/58 | €6,024 | €22,728 | +€16,704 | +277% |
| Amounts receivable within one year | 40/41 | €568 | €14,582 | +€14,014 | +2,467% |
| Trade receivables | 40 | - | €6,273 | +€6,273 | |
| Other amounts receivable | 41 | €568 | €8,308 | +€7,740 | +1,363% |
| Cash at bank and in hand | 54/58 | €5,456 | €8,061 | +€2,606 | +47.8% |
| Deferred charges and accrued income | 490/1 | - | €85 | +€85 | |
| Total equity and liabilities | 10/49 | €10,019 | €27,934 | +€17,915 | +179% |
| Equity | 10/15 | €8,499 | €7,359 | -€1,140 | -13.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,499 | €2,359 | -€1,140 | -32.6% |
| Amounts payable | 17/49 | €1,519 | €20,575 | +€19,056 | +1,254% |
| Amounts payable within one year | 42/48 | €1,519 | €20,575 | +€19,056 | +1,254% |
| Trade debts | 44 | €266 | €863 | +€598 | +225% |
| Suppliers | 440/4 | €266 | €863 | +€598 | +225% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €1,254 | €9,947 | +€8,694 | +694% |
| Taxes | 450/3 | €1,254 | €8,177 | +€6,924 | +552% |
| Remuneration and social security | 454/9 | - | €1,770 | +€1,770 | |
| Other amounts payable | 47/48 | - | €9,765 | +€9,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €1,702 | +€866 | +104% |
| Other operating charges | 640/8 | €607 | €400 | -€208 | -34.2% |
| Gross operating margin | 9900 | €5,142 | €13,869 | +€8,727 | +170% |
| Operating profit (loss) | 9901 | €3,699 | €11,767 | +€8,068 | +218% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €62 | €161 | +€99 | +160% |
| Recurring financial charges | 65 | €62 | €161 | +€99 | +160% |
| Profit (loss) for the period before taxes | 9903 | €3,655 | €11,606 | +€7,951 | +218% |
| Income taxes | 67/77 | €760 | €2,981 | +€2,221 | +292% |
| Profit (loss) for the period | 9904 | €2,894 | €8,624 | +€5,730 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €2,894 | €8,624 | +€5,730 | +198% |
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 17 October 2026 via checked.be.