TTIAS: 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.
TTIAS
Largest movements
- Cash +€17,612
up €17,612 (+866%), from €2,035 to €19,646
mainly Net result for the year (+€16,366) and Depreciation (+€13,656)
- Tangible fixed assets -€11,977
down €11,977 (-36.3%), from €32,957 to €20,980
of which Furniture and vehicles: -€11,577
- Current investments -€10,934
down €10,934 (-41.1%), from €26,583 to €15,648
- Receivables within one year +€7,320
up €7,320 (+69.2%), from €10,573 to €17,894
of which Trade receivables: +€4,981
- Intangible fixed assets +€3,440
new in 2025: €3,440
- Profit (loss) carried forward +€15,507
up €15,507 (+71.7%), from €21,614 to €37,121
- Debts after one year -€10,315
down €10,315 (-74.9%), from €13,779 to €3,463
- Other debts -€8,450
down €8,450 (-45.6%), from €18,525 to €10,075
- Trade debts +€4,423
up €4,423 (+105%), from €4,196 to €8,619
- Current portion of long-term debt +€3,087
up €3,087 (+30.2%), from €10,205 to €13,292
- Gross operating margin +€32,908
up €32,908 (+2,280%), from €1,443 to €34,351
- Taxes +€2,153
up €2,153 (+1,618%), from €133 to €2,286
- Other operating charges -€762
down €762 (-60.4%), from €1,261 to €499
- Depreciation +€665
up €665 (+5.1%), from €12,991 to €13,656
- Financial charges +€659
up €659 (+73.5%), from €897 to €1,556
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 | €72,628 | €78,301 | +€5,673 | +7.8% |
| Fixed assets | 21/28 | €32,957 | €24,420 | -€8,537 | -25.9% |
| Intangible fixed assets | 21 | - | €3,440 | +€3,440 | |
| Tangible fixed assets | 22/27 | €32,957 | €20,980 | -€11,977 | -36.3% |
| Plant, machinery and equipment | 23 | €959 | €559 | -€400 | -41.7% |
| Furniture and vehicles | 24 | €31,998 | €20,421 | -€11,577 | -36.2% |
| Current assets | 29/58 | €39,671 | €53,881 | +€14,210 | +35.8% |
| Amounts receivable within one year | 40/41 | €10,573 | €17,894 | +€7,320 | +69.2% |
| Trade receivables | 40 | €10,199 | €15,179 | +€4,981 | +48.8% |
| Other amounts receivable | 41 | €374 | €2,714 | +€2,340 | +625% |
| Current investments | 50/53 | €26,583 | €15,648 | -€10,934 | -41.1% |
| Cash at bank and in hand | 54/58 | €2,035 | €19,646 | +€17,612 | +866% |
| Deferred charges and accrued income | 490/1 | €481 | €693 | +€212 | +44.2% |
| Total equity and liabilities | 10/49 | €72,628 | €78,301 | +€5,673 | +7.8% |
| Equity | 10/15 | €22,614 | €38,121 | +€15,507 | +68.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,614 | €37,121 | +€15,507 | +71.7% |
| Amounts payable | 17/49 | €50,014 | €40,180 | -€9,835 | -19.7% |
| Amounts payable after more than one year | 17 | €13,779 | €3,463 | -€10,315 | -74.9% |
| Financial debts | 170/4 | €13,779 | €3,463 | -€10,315 | -74.9% |
| Amounts payable within one year | 42/48 | €35,708 | €35,604 | -€104 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €10,205 | €13,292 | +€3,087 | +30.2% |
| Trade debts | 44 | €4,196 | €8,619 | +€4,423 | +105% |
| Suppliers | 440/4 | €4,196 | €8,619 | +€4,423 | +105% |
| Taxes, remuneration and social security | 45 | €2,781 | €3,618 | +€836 | +30.1% |
| Taxes | 450/3 | €2,781 | €3,618 | +€836 | +30.1% |
| Other amounts payable | 47/48 | €18,525 | €10,075 | -€8,450 | -45.6% |
| Accrued charges and deferred income | 492/3 | €528 | €1,112 | +€584 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,991 | €13,656 | +€665 | +5.1% |
| Other operating charges | 640/8 | €1,261 | €499 | -€762 | -60.4% |
| Gross operating margin | 9900 | €1,443 | €34,351 | +€32,908 | +2,280% |
| Operating profit (loss) | 9901 | -€12,809 | €20,196 | +€33,005 | |
| Financial income | 75/76B | €102 | €12 | -€90 | -88.3% |
| Recurring financial income | 75 | €102 | €12 | -€90 | -88.3% |
| Financial charges | 65/66B | €897 | €1,556 | +€659 | +73.5% |
| Recurring financial charges | 65 | €897 | €1,556 | +€659 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,603 | €18,652 | +€32,255 | |
| Income taxes | 67/77 | €133 | €2,286 | +€2,153 | +1,618% |
| Profit (loss) for the period | 9904 | -€13,736 | €16,366 | +€30,102 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,736 | €16,366 | +€30,102 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.