TYTGAT.NET: 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.
TYTGAT.NET
Largest movements
- Tangible fixed assets +€131,805
up €131,805 (+11.1%), from €1.2m to €1.3m
of which Land and buildings: +€146,507
- Receivables within one year +€129,480
up €129,480 (+168%), from €77,060 to €206,539
of which Trade receivables: +€128,469
- Deferred charges and accrued income -€24,944
down €24,944 (-99.8%), from €25,000 to €56
- Other debts +€351,702
up €351,702 (+226%), from €155,416 to €507,118
- Profit (loss) carried forward -€171,810
down €171,810 (-70.2%), from €244,784 to €72,974
- Accrued charges and deferred income +€113,211
up €113,211, from €0 to €113,211
- Trade debts -€34,683
down €34,683 (-68.1%), from €50,907 to €16,224
- Gross operating margin -€181,931
down €181,931, from €170,036 to -€11,895
- Depreciation +€31,368
up €31,368 (+41.2%), from €76,167 to €107,535
- Financial charges +€15,056
up €15,056 (+52.6%), from €28,624 to €43,680
- Taxes -€13,884
down €13,884 (-96.9%), from €14,334 to €451
- Other operating charges +€7,423
up €7,423 (+376%), from €1,974 to €9,397
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 | €1,292,862 | €1,521,957 | +€229,095 | +17.7% |
| Fixed assets | 21/28 | €1,183,391 | €1,315,196 | +€131,805 | +11.1% |
| Tangible fixed assets | 22/27 | €1,183,391 | €1,315,196 | +€131,805 | +11.1% |
| Land and buildings | 22 | €844,835 | €991,342 | +€146,507 | +17.3% |
| Plant, machinery and equipment | 23 | €8,284 | €29,783 | +€21,499 | +260% |
| Furniture and vehicles | 24 | €10,890 | €9,766 | -€1,123 | -10.3% |
| Other tangible fixed assets | 26 | €309,941 | €274,864 | -€35,077 | -11.3% |
| Assets under construction and advance payments | 27 | €9,441 | €9,441 | = | 0.0% |
| Current assets | 29/58 | €109,471 | €206,761 | +€97,290 | +88.9% |
| Amounts receivable within one year | 40/41 | €77,060 | €206,539 | +€129,480 | +168% |
| Trade receivables | 40 | €22,299 | €150,768 | +€128,469 | +576% |
| Other amounts receivable | 41 | €54,761 | €55,771 | +€1,010 | +1.8% |
| Cash at bank and in hand | 54/58 | €7,411 | €166 | -€7,245 | -97.8% |
| Deferred charges and accrued income | 490/1 | €25,000 | €56 | -€24,944 | -99.8% |
| Total equity and liabilities | 10/49 | €1,292,862 | €1,521,957 | +€229,095 | +17.7% |
| Equity | 10/15 | €340,189 | €168,379 | -€171,810 | -50.5% |
| Contributions | 10/11 | €93,550 | €93,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,784 | €72,974 | -€171,810 | -70.2% |
| Amounts payable | 17/49 | €952,673 | €1,353,578 | +€400,905 | +42.1% |
| Amounts payable after more than one year | 17 | €571,506 | €557,114 | -€14,392 | -2.5% |
| Financial debts | 170/4 | €571,506 | €557,114 | -€14,392 | -2.5% |
| Amounts payable within one year | 42/48 | €381,167 | €683,253 | +€302,086 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €148,415 | €145,430 | -€2,985 | -2.0% |
| Trade debts | 44 | €50,907 | €16,224 | -€34,683 | -68.1% |
| Suppliers | 440/4 | €50,907 | €16,224 | -€34,683 | -68.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €26,429 | €14,481 | -€11,948 | -45.2% |
| Taxes | 450/3 | €26,429 | €14,481 | -€11,948 | -45.2% |
| Other amounts payable | 47/48 | €155,416 | €507,118 | +€351,702 | +226% |
| Accrued charges and deferred income | 492/3 | €0 | €113,211 | +€113,211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,167 | €107,535 | +€31,368 | +41.2% |
| Other operating charges | 640/8 | €1,974 | €9,397 | +€7,423 | +376% |
| Gross operating margin | 9900 | €170,036 | -€11,895 | -€181,931 | |
| Operating profit (loss) | 9901 | €91,896 | -€128,826 | -€220,723 | |
| Financial income | 75/76B | €3,753 | €1,147 | -€2,605 | -69.4% |
| Recurring financial income | 75 | €3,753 | €1,147 | -€2,605 | -69.4% |
| Financial charges | 65/66B | €28,624 | €43,680 | +€15,056 | +52.6% |
| Recurring financial charges | 65 | €28,624 | €43,680 | +€15,056 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €67,025 | -€171,359 | -€238,384 | |
| Income taxes | 67/77 | €14,334 | €451 | -€13,884 | -96.9% |
| Profit (loss) for the period | 9904 | €52,691 | -€171,810 | -€224,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,691 | -€171,810 | -€224,500 |
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.