TTT Systems: 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.
TTT Systems
Largest movements
- Cash +€25,762
up €25,762 (+63.6%), from €40,536 to €66,298
mainly Net result for the year (+€77,522) and Other debts (+€26,182)
- Receivables within one year +€6,983
up €6,983 (+19.4%), from €36,088 to €43,071
of which Other amounts receivable: +€6,772
- Tangible fixed assets -€4,173
down €4,173 (-21.4%), from €19,497 to €15,324
- Deferred charges and accrued income -€3,415
no longer reported in 2025 (was €3,415)
- Other debts +€26,182
up €26,182 (+32.1%), from €81,563 to €107,745
- Trade debts -€2,456
down €2,456 (-27.0%), from €9,093 to €6,637
- Tax, wage and social debts +€1,431
up €1,431 (+174%), from €824 to €2,256
- Depreciation +€4,037
up €4,037 (+312%), from €1,292 to €5,329
- Gross operating margin -€2,020
down €2,020 (-1.9%), from €105,499 to €103,479
- Taxes -€1,775
down €1,775 (-8.1%), from €21,786 to €20,011
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 | €99,535 | €124,693 | +€25,157 | +25.3% |
| Fixed assets | 21/28 | €19,497 | €15,324 | -€4,173 | -21.4% |
| Tangible fixed assets | 22/27 | €19,497 | €15,324 | -€4,173 | -21.4% |
| Furniture and vehicles | 24 | €19,497 | €15,324 | -€4,173 | -21.4% |
| Current assets | 29/58 | €80,039 | €109,369 | +€29,330 | +36.6% |
| Amounts receivable within one year | 40/41 | €36,088 | €43,071 | +€6,983 | +19.4% |
| Trade receivables | 40 | €34,871 | €35,082 | +€211 | +0.6% |
| Other amounts receivable | 41 | €1,217 | €7,989 | +€6,772 | +557% |
| Cash at bank and in hand | 54/58 | €40,536 | €66,298 | +€25,762 | +63.6% |
| Deferred charges and accrued income | 490/1 | €3,415 | - | -€3,415 | |
| Total equity and liabilities | 10/49 | €99,535 | €124,693 | +€25,157 | +25.3% |
| Equity | 10/15 | €8,055 | €8,055 | = | 0.0% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Amounts payable | 17/49 | €91,480 | €116,638 | +€25,157 | +27.5% |
| Amounts payable within one year | 42/48 | €91,480 | €116,638 | +€25,157 | +27.5% |
| Trade debts | 44 | €9,093 | €6,637 | -€2,456 | -27.0% |
| Suppliers | 440/4 | €9,093 | €6,637 | -€2,456 | -27.0% |
| Taxes, remuneration and social security | 45 | €824 | €2,256 | +€1,431 | +174% |
| Taxes | 450/3 | €824 | €2,256 | +€1,431 | +174% |
| Other amounts payable | 47/48 | €81,563 | €107,745 | +€26,182 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €5,329 | +€4,037 | +312% |
| Other operating charges | 640/8 | €349 | €361 | +€12 | +3.3% |
| Gross operating margin | 9900 | €105,499 | €103,479 | -€2,020 | -1.9% |
| Operating profit (loss) | 9901 | €103,858 | €97,790 | -€6,068 | -5.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €763 | €264 | -€499 | -65.5% |
| Recurring financial charges | 65 | €763 | €264 | -€499 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €103,095 | €97,532 | -€5,563 | -5.4% |
| Income taxes | 67/77 | €21,786 | €20,011 | -€1,775 | -8.1% |
| Profit (loss) for the period | 9904 | €81,310 | €77,522 | -€3,788 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,310 | €77,522 | -€3,788 | -4.7% |
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 16 October 2026 via checked.be.