TTI: what changed
Two fiscal 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.
TTI
Largest movements
- Tangible fixed assets -€10,411
down €10,411 (-8.3%), from €124,927 to €114,517
- Cash +€7,381
up €7,381 (+696.7%), from €1,059 to €8,441
mainly Depreciation (+€10,411) and Net result for the year (+€9,814)
- Debts after one year -€13,667
down €13,667 (-13.2%), from €103,639 to €89,972
- Reserves +€9,814
up €9,814 (+2.6%), from €377,889 to €387,703
- Gross operating margin -€25,170
down €25,170 (-38.0%), from €66,181 to €41,011
- Taxes -€5,668
down €5,668 (-60.7%), from €9,332 to €3,664
- Other operating charges -€2,886
down €2,886 (-34.1%), from €8,472 to €5,586
- Financial charges -€2,477
down €2,477 (-17.7%), from €14,014 to €11,537
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.
Cash bridge derived
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 | €668,249 | €661,618 | -€6,631 | -1.0% |
| Fixed assets | 21/28 | €624,927 | €614,517 | -€10,411 | -1.7% |
| Tangible fixed assets | 22/27 | €124,927 | €114,517 | -€10,411 | -8.3% |
| Land and buildings | 22 | €124,927 | €114,517 | -€10,411 | -8.3% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €43,322 | €47,101 | +€3,780 | +8.7% |
| Amounts receivable within one year | 40/41 | €41,567 | €34,975 | -€6,592 | -15.9% |
| Trade receivables | 40 | €11,468 | €10,984 | -€484 | -4.2% |
| Other amounts receivable | 41 | €30,099 | €23,991 | -€6,108 | -20.3% |
| Cash at bank and in hand | 54/58 | €1,059 | €8,441 | +€7,381 | +696.7% |
| Deferred charges and accrued income | 490/1 | €695 | €3,686 | +€2,991 | +430.4% |
| Total equity and liabilities | 10/49 | €668,249 | €661,618 | -€6,631 | -1.0% |
| Equity | 10/15 | €427,889 | €437,703 | +€9,814 | +2.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €377,889 | €387,703 | +€9,814 | +2.6% |
| Distributable reserves | 133 | €377,889 | €387,703 | +€9,814 | +2.6% |
| Amounts payable | 17/49 | €240,360 | €223,915 | -€16,445 | -6.8% |
| Amounts payable after more than one year | 17 | €103,639 | €89,972 | -€13,667 | -13.2% |
| Financial debts | 170/4 | €103,639 | €89,972 | -€13,667 | -13.2% |
| Amounts payable within one year | 42/48 | €128,688 | €126,942 | -€1,746 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €13,667 | €13,667 | = | 0.0% |
| Trade debts | 44 | €5,878 | €4,099 | -€1,780 | -30.3% |
| Suppliers | 440/4 | €5,878 | €4,099 | -€1,780 | -30.3% |
| Taxes, remuneration and social security | 45 | €11,335 | €13,079 | +€1,744 | +15.4% |
| Taxes | 450/3 | €8,636 | €10,361 | +€1,726 | +20.0% |
| Remuneration and social security | 454/9 | €2,699 | €2,718 | +€19 | +0.7% |
| Other amounts payable | 47/48 | €97,808 | €96,098 | -€1,710 | -1.7% |
| Accrued charges and deferred income | 492/3 | €8,034 | €7,001 | -€1,033 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,411 | €10,411 | = | 0.0% |
| Other operating charges | 640/8 | €8,472 | €5,586 | -€2,886 | -34.1% |
| Gross operating margin | 9900 | €66,181 | €41,011 | -€25,170 | -38.0% |
| Operating profit (loss) | 9901 | €47,298 | €25,014 | -€22,284 | -47.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €14,014 | €11,537 | -€2,477 | -17.7% |
| Recurring financial charges | 65 | €14,014 | €11,537 | -€2,477 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €33,286 | €13,478 | -€19,808 | -59.5% |
| Income taxes | 67/77 | €9,332 | €3,664 | -€5,668 | -60.7% |
| Profit (loss) for the period | 9904 | €23,954 | €9,814 | -€14,140 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,954 | €9,814 | -€14,140 | -59.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.