TTB-PIOT: 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.
TTB-PIOT
Largest movements
- Tangible fixed assets -€3,814
down €3,814 (-51.1%), from €7,462 to €3,648
of which Furniture and vehicles: -€3,729
- Receivables within one year +€1,497
up €1,497 (+20.3%), from €7,394 to €8,891
of which Trade receivables: +€861
- Debts after one year -€14,640
down €14,640 (-56.8%), from €25,778 to €11,139
- Profit (loss) carried forward +€10,882
up €10,882 (+22.2%), from €48,916 to €59,799
- Other debts +€7,847
up €7,847 (+52.9%), from €14,837 to €22,684
- Trade debts -€7,413
down €7,413 (-96.2%), from €7,708 to €295
- Gross operating margin -€3,608
down €3,608 (-15.3%), from €23,596 to €19,989
- Taxes -€747
down €747 (-17.3%), from €4,305 to €3,558
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 | €131,180 | €127,767 | -€3,413 | -2.6% |
| Fixed assets | 21/28 | €117,462 | €113,648 | -€3,814 | -3.2% |
| Tangible fixed assets | 22/27 | €7,462 | €3,648 | -€3,814 | -51.1% |
| Plant, machinery and equipment | 23 | €335 | €251 | -€85 | -25.2% |
| Furniture and vehicles | 24 | €7,126 | €3,397 | -€3,729 | -52.3% |
| Financial fixed assets | 28 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €13,719 | €14,119 | +€400 | +2.9% |
| Amounts receivable within one year | 40/41 | €7,394 | €8,891 | +€1,497 | +20.3% |
| Trade receivables | 40 | €6,507 | €7,368 | +€861 | +13.2% |
| Other amounts receivable | 41 | €887 | €1,524 | +€637 | +71.8% |
| Cash at bank and in hand | 54/58 | €4,869 | €3,752 | -€1,117 | -22.9% |
| Deferred charges and accrued income | 490/1 | €1,455 | €1,476 | +€20 | +1.4% |
| Total equity and liabilities | 10/49 | €131,180 | €127,767 | -€3,413 | -2.6% |
| Equity | 10/15 | €58,916 | €69,799 | +€10,882 | +18.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,916 | €59,799 | +€10,882 | +22.2% |
| Amounts payable | 17/49 | €72,264 | €57,968 | -€14,295 | -19.8% |
| Amounts payable after more than one year | 17 | €25,778 | €11,139 | -€14,640 | -56.8% |
| Financial debts | 170/4 | €25,778 | €11,139 | -€14,640 | -56.8% |
| Amounts payable within one year | 42/48 | €46,486 | €46,830 | +€344 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €15,396 | €15,552 | +€156 | +1.0% |
| Trade debts | 44 | €7,708 | €295 | -€7,413 | -96.2% |
| Suppliers | 440/4 | €7,708 | €295 | -€7,413 | -96.2% |
| Taxes, remuneration and social security | 45 | €8,544 | €8,299 | -€245 | -2.9% |
| Taxes | 450/3 | €8,544 | €8,299 | -€245 | -2.9% |
| Other amounts payable | 47/48 | €14,837 | €22,684 | +€7,847 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,626 | €3,814 | +€188 | +5.2% |
| Other operating charges | 640/8 | €901 | €1,057 | +€155 | +17.2% |
| Non-recurring operating charges | 66A | €476 | €0 | -€476 | -100% |
| Gross operating margin | 9900 | €23,596 | €19,989 | -€3,608 | -15.3% |
| Operating profit (loss) | 9901 | €18,593 | €15,118 | -€3,475 | -18.7% |
| Financial income | 75/76B | €0 | €4 | +€4 | +3,800% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +3,800% |
| Financial charges | 65/66B | €906 | €682 | -€224 | -24.7% |
| Recurring financial charges | 65 | €906 | €682 | -€224 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €17,687 | €14,440 | -€3,247 | -18.4% |
| Income taxes | 67/77 | €4,305 | €3,558 | -€747 | -17.3% |
| Profit (loss) for the period | 9904 | €13,382 | €10,882 | -€2,500 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,382 | €10,882 | -€2,500 | -18.7% |
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 27 October 2026 via checked.be.