TTBT: 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.
TTBT
Largest movements
- Tangible fixed assets +€33,408
up €33,408 (+54.7%), from €61,046 to €94,454
- Cash +€19,501
up €19,501 (+45.3%), from €43,017 to €62,518
mainly Net result for the year (+€75,550) and Depreciation (+€14,668)
- Receivables within one year +€5,212
up €5,212 (+26.6%), from €19,593 to €24,805
- Reserves +€75,550
up €75,550 (+165%), from €45,775 to €121,325
- Other debts -€28,342
down €28,342 (-72.4%), from €39,151 to €10,809
- Tax, wage and social debts +€10,470
up €10,470 (+34.1%), from €30,709 to €41,179
of which Taxes: +€11,763
- Gross operating margin +€52,073
up €52,073 (+74.9%), from €69,534 to €121,606
- Taxes +€12,757
up €12,757 (+72.2%), from €17,667 to €30,424
- Depreciation +€9,102
up €9,102 (+164%), from €5,566 to €14,668
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 | €123,656 | €182,689 | +€59,033 | +47.7% |
| Fixed assets | 21/28 | €61,046 | €94,454 | +€33,408 | +54.7% |
| Tangible fixed assets | 22/27 | €61,046 | €94,454 | +€33,408 | +54.7% |
| Furniture and vehicles | 24 | €61,046 | €94,454 | +€33,408 | +54.7% |
| Current assets | 29/58 | €62,610 | €88,235 | +€25,625 | +40.9% |
| Amounts receivable within one year | 40/41 | €19,593 | €24,805 | +€5,212 | +26.6% |
| Trade receivables | 40 | €19,593 | €24,805 | +€5,212 | +26.6% |
| Cash at bank and in hand | 54/58 | €43,017 | €62,518 | +€19,501 | +45.3% |
| Deferred charges and accrued income | 490/1 | - | €912 | +€912 | |
| Total equity and liabilities | 10/49 | €123,656 | €182,689 | +€59,033 | +47.7% |
| Equity | 10/15 | €50,775 | €126,325 | +€75,550 | +149% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,775 | €121,325 | +€75,550 | +165% |
| Distributable reserves | 133 | €45,775 | €121,325 | +€75,550 | +165% |
| Amounts payable | 17/49 | €72,881 | €56,364 | -€16,517 | -22.7% |
| Amounts payable within one year | 42/48 | €71,381 | €54,598 | -€16,783 | -23.5% |
| Trade debts | 44 | €1,520 | €2,610 | +€1,090 | +71.7% |
| Suppliers | 440/4 | €1,520 | €2,610 | +€1,090 | +71.7% |
| Taxes, remuneration and social security | 45 | €30,709 | €41,179 | +€10,470 | +34.1% |
| Taxes | 450/3 | €26,916 | €38,679 | +€11,763 | +43.7% |
| Remuneration and social security | 454/9 | €3,793 | €2,500 | -€1,293 | -34.1% |
| Other amounts payable | 47/48 | €39,151 | €10,809 | -€28,342 | -72.4% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,766 | +€266 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,566 | €14,668 | +€9,102 | +164% |
| Other operating charges | 640/8 | €416 | €857 | +€440 | +106% |
| Gross operating margin | 9900 | €69,534 | €121,606 | +€52,073 | +74.9% |
| Operating profit (loss) | 9901 | €63,551 | €106,082 | +€42,531 | +66.9% |
| Financial charges | 65/66B | €109 | €108 | -€1 | -1.0% |
| Recurring financial charges | 65 | €109 | €108 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €63,442 | €105,974 | +€42,532 | +67.0% |
| Income taxes | 67/77 | €17,667 | €30,424 | +€12,757 | +72.2% |
| Profit (loss) for the period | 9904 | €45,775 | €75,550 | +€29,775 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,775 | €75,550 | +€29,775 | +65.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.