TYLOU: 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.
TYLOU
Largest movements
- Tangible fixed assets -€607,087
down €607,087 (-29.1%), from €2.1m to €1.5m
of which Land and buildings: -€585,131
- Cash +€425,685
up €425,685 (+1150.5%), from €36,998 to €462,683
mainly Investment in fixed assets (net) (+€515,123) and Receivables within one year (+€248,382)
- Receivables within one year -€248,382
down €248,382 (-32.8%), from €758,344 to €509,962
of which Other amounts receivable: -€160,452
- Current investments +€86,793
up €86,793 (+657.2%), from €13,207 to €100,000
- Provisions -€210,610
down €210,610 (-76.4%), from €275,489 to €64,879
of which Provisions for liabilities and charges: -€208,417
- Debts after one year -€57,088
down €57,088 (-6.2%), from €917,627 to €860,539
- Trade debts -€55,640
down €55,640 (-85.9%), from €64,787 to €9,146
- Other debts +€38,887
up €38,887 (+15.6%), from €249,371 to €288,258
- Gross operating margin -€58,896
down €58,896 (-42.0%), from €140,188 to €81,292
- Depreciation -€54,975
down €54,975 (-37.4%), from €146,940 to €91,964
- Taxes -€13,199
down €13,199, from €165 to -€13,033
- Financial charges -€7,120
down €7,120 (-18.7%), from €38,052 to €30,932
of which Non-recurring financial charges: -€5,281
- Financial income +€3,821
up €3,821 (+623.0%), from €613 to €4,435
of which Non-recurring financial income: +€4,063
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 | €2,907,491 | €2,567,614 | -€339,876 | -11.7% |
| Fixed assets | 21/28 | €2,086,838 | €1,479,750 | -€607,087 | -29.1% |
| Tangible fixed assets | 22/27 | €2,085,311 | €1,478,224 | -€607,087 | -29.1% |
| Land and buildings | 22 | €2,020,913 | €1,435,782 | -€585,131 | -29.0% |
| Plant, machinery and equipment | 23 | €2,940 | €5,840 | +€2,900 | +98.6% |
| Furniture and vehicles | 24 | €61,458 | €36,602 | -€24,856 | -40.4% |
| Financial fixed assets | 28 | €1,527 | €1,527 | = | 0.0% |
| Current assets | 29/58 | €820,653 | €1,087,864 | +€267,211 | +32.6% |
| Stocks and contracts in progress | 3 | €9,372 | €9,372 | = | 0.0% |
| Stocks | 30/36 | €9,372 | €9,372 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €758,344 | €509,962 | -€248,382 | -32.8% |
| Trade receivables | 40 | €163,068 | €75,139 | -€87,930 | -53.9% |
| Other amounts receivable | 41 | €595,276 | €434,824 | -€160,452 | -27.0% |
| Current investments | 50/53 | €13,207 | €100,000 | +€86,793 | +657.2% |
| Cash at bank and in hand | 54/58 | €36,998 | €462,683 | +€425,685 | +1150.5% |
| Deferred charges and accrued income | 490/1 | €2,731 | €5,846 | +€3,115 | +114.1% |
| Total equity and liabilities | 10/49 | €2,907,491 | €2,567,614 | -€339,876 | -11.7% |
| Equity | 10/15 | €1,265,805 | €1,234,723 | -€31,082 | -2.5% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €1,071,969 | €1,063,198 | -€8,770 | -0.8% |
| Tax-exempt reserves | 132 | €268,285 | €259,515 | -€8,770 | -3.3% |
| Distributable reserves | 133 | €803,683 | €803,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,236 | €62,924 | -€22,312 | -26.2% |
| Provisions and deferred taxes | 16 | €275,489 | €64,879 | -€210,610 | -76.4% |
| Provisions for liabilities and charges | 160/5 | €208,417 | - | -€208,417 | |
| Other liabilities and charges | 164/5 | €208,417 | - | -€208,417 | |
| Deferred taxes | 168 | €67,071 | €64,879 | -€2,193 | -3.3% |
| Amounts payable | 17/49 | €1,366,197 | €1,268,013 | -€98,184 | -7.2% |
| Amounts payable after more than one year | 17 | €917,627 | €860,539 | -€57,088 | -6.2% |
| Financial debts | 170/4 | €917,627 | €860,539 | -€57,088 | -6.2% |
| Amounts payable within one year | 42/48 | €447,975 | €407,473 | -€40,502 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €98,890 | €90,373 | -€8,516 | -8.6% |
| Trade debts | 44 | €64,787 | €9,146 | -€55,640 | -85.9% |
| Suppliers | 440/4 | €64,787 | €9,146 | -€55,640 | -85.9% |
| Taxes, remuneration and social security | 45 | €34,927 | €19,696 | -€15,232 | -43.6% |
| Taxes | 450/3 | €34,895 | €19,588 | -€15,308 | -43.9% |
| Remuneration and social security | 454/9 | €32 | €108 | +€76 | +238.8% |
| Other amounts payable | 47/48 | €249,371 | €288,258 | +€38,887 | +15.6% |
| Accrued charges and deferred income | 492/3 | €594 | - | -€594 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,940 | €91,964 | -€54,975 | -37.4% |
| Other operating charges | 640/8 | €9,394 | €9,139 | -€255 | -2.7% |
| Gross operating margin | 9900 | €140,188 | €81,292 | -€58,896 | -42.0% |
| Operating profit (loss) | 9901 | -€16,145 | -€19,811 | -€3,666 | -22.7% |
| Financial income | 75/76B | €613 | €4,435 | +€3,821 | +623.0% |
| Recurring financial income | 75 | €613 | €372 | -€242 | -39.4% |
| Non-recurring financial income | 76B | - | €4,063 | +€4,063 | |
| Financial charges | 65/66B | €38,052 | €30,932 | -€7,120 | -18.7% |
| Recurring financial charges | 65 | €32,771 | €30,932 | -€1,839 | -5.6% |
| Non-recurring financial charges | 66B | €5,281 | - | -€5,281 | |
| Profit (loss) for the period before taxes | 9903 | -€53,584 | -€46,308 | +€7,276 | +13.6% |
| Transfer from deferred taxes | 780 | €2,193 | €2,193 | = | 0.0% |
| Income taxes | 67/77 | €165 | -€13,033 | -€13,199 | |
| Profit (loss) for the period | 9904 | -€51,557 | -€31,082 | +€20,475 | +39.7% |
| Transfer from tax-exempt reserves | 789 | €8,770 | €8,770 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,787 | -€22,312 | +€20,475 | +47.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.