TYFFIMMO: 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.
TYFFIMMO
Largest movements
- Tangible fixed assets -€23,248
down €23,248 (-2.8%), from €822,011 to €798,764
of which Land and buildings: -€20,230
- Debts after one year -€31,571
down €31,571 (-14.1%), from €224,544 to €192,972
- Other debts +€25,207
up €25,207 (+4.8%), from €526,405 to €551,612
- Profit (loss) carried forward -€19,307
down €19,307 (-18.5%), from -€104,525 to -€123,831
- Gross operating margin -€6,105
down €6,105 (-22.1%), from €27,652 to €21,547
- Depreciation -€1,492
down €1,492 (-4.0%), from €37,126 to €35,633
- Financial charges -€770
down €770 (-13.7%), from €5,632 to €4,862
- Other operating charges -€568
down €568 (-58.7%), from €968 to €400
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 | €839,911 | €811,401 | -€28,510 | -3.4% |
| Fixed assets | 21/28 | €822,011 | €798,764 | -€23,248 | -2.8% |
| Tangible fixed assets | 22/27 | €822,011 | €798,764 | -€23,248 | -2.8% |
| Land and buildings | 22 | €739,914 | €719,684 | -€20,230 | -2.7% |
| Plant, machinery and equipment | 23 | €81,294 | €79,080 | -€2,214 | -2.7% |
| Furniture and vehicles | 24 | €804 | - | -€804 | |
| Current assets | 29/58 | €17,899 | €12,637 | -€5,262 | -29.4% |
| Amounts receivable within one year | 40/41 | €467 | €2,186 | +€1,719 | +368.3% |
| Trade receivables | 40 | - | €1,718 | +€1,718 | |
| Other amounts receivable | 41 | €467 | €468 | +€1 | +0.3% |
| Current investments | 50/53 | €2,335 | €427 | -€1,908 | -81.7% |
| Cash at bank and in hand | 54/58 | €11,358 | €7,016 | -€4,341 | -38.2% |
| Deferred charges and accrued income | 490/1 | €3,740 | €3,009 | -€731 | -19.6% |
| Total equity and liabilities | 10/49 | €839,911 | €811,401 | -€28,510 | -3.4% |
| Equity | 10/15 | €51,358 | €32,051 | -€19,307 | -37.6% |
| Contributions | 10/11 | €154,500 | €154,500 | = | 0.0% |
| Reserves | 13 | €1,383 | €1,383 | = | 0.0% |
| Distributable reserves | 133 | €1,383 | €1,383 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,525 | -€123,831 | -€19,307 | -18.5% |
| Amounts payable | 17/49 | €788,553 | €779,350 | -€9,203 | -1.2% |
| Amounts payable after more than one year | 17 | €224,544 | €192,972 | -€31,571 | -14.1% |
| Financial debts | 170/4 | €224,544 | €192,972 | -€31,571 | -14.1% |
| Amounts payable within one year | 42/48 | €563,259 | €585,578 | +€22,319 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €36,854 | €33,931 | -€2,923 | -7.9% |
| Trade debts | 44 | - | €34 | +€34 | |
| Suppliers | 440/4 | - | €34 | +€34 | |
| Other amounts payable | 47/48 | €526,405 | €551,612 | +€25,207 | +4.8% |
| Accrued charges and deferred income | 492/3 | €750 | €800 | +€50 | +6.7% |
| Non-recurring operating income | 76A | €15 | - | -€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,126 | €35,633 | -€1,492 | -4.0% |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | €27,652 | €21,547 | -€6,105 | -22.1% |
| Operating profit (loss) | 9901 | -€10,441 | -€14,486 | -€4,045 | -38.7% |
| Financial income | 75/76B | €23 | €41 | +€18 | +78.8% |
| Recurring financial income | 75 | €23 | €41 | +€18 | +78.8% |
| Financial charges | 65/66B | €5,632 | €4,862 | -€770 | -13.7% |
| Recurring financial charges | 65 | €5,632 | €4,862 | -€770 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,050 | -€19,307 | -€3,257 | -20.3% |
| Profit (loss) for the period | 9904 | -€16,050 | -€19,307 | -€3,257 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,050 | -€19,307 | -€3,257 | -20.3% |
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 30 September 2026 via checked.be.