TYZECO: 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.
TYZECO
Largest movements
- Tangible fixed assets -€16,262
down €16,262 (-29.7%), from €54,826 to €38,564
of which Furniture and vehicles: -€13,680
- Cash -€8,447
down €8,447 (-49.4%), from €17,101 to €8,654
mainly Contributions, distributions and other (-€14,951) and Debts after one year (-€11,274)
- Receivables within one year +€2,852
up €2,852 (+12.3%), from €23,139 to €25,991
of which Other amounts receivable: +€7,306
- Debts after one year -€11,274
down €11,274 (-29.4%), from €38,290 to €27,016
of which Financial debts: -€11,684
- Trade debts -€5,715
down €5,715 (-87.6%), from €6,527 to €812
- Profit (loss) carried forward -€3,402
down €3,402 (-16.4%), from €20,726 to €17,324
- Tax, wage and social debts -€1,627
down €1,627 (-10.4%), from €15,658 to €14,031
of which Taxes: -€1,307
- Accrued charges and deferred income -€1,130
down €1,130 (-45.2%), from €2,497 to €1,367
- Gross operating margin -€14,458
down €14,458 (-28.9%), from €50,008 to €35,550
- Staff costs -€7,085
no longer reported in 2025 (was €7,085)
- Taxes -€1,306
down €1,306 (-27.6%), from €4,738 to €3,432
- Depreciation -€513
down €513 (-2.8%), from €18,658 to €18,144
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 | €96,647 | €74,774 | -€21,873 | -22.6% |
| Fixed assets | 21/28 | €54,826 | €38,564 | -€16,262 | -29.7% |
| Tangible fixed assets | 22/27 | €54,826 | €38,564 | -€16,262 | -29.7% |
| Plant, machinery and equipment | 23 | €5,240 | €4,293 | -€947 | -18.1% |
| Furniture and vehicles | 24 | €44,317 | €30,637 | -€13,680 | -30.9% |
| Other tangible fixed assets | 26 | €5,269 | €3,634 | -€1,635 | -31.0% |
| Current assets | 29/58 | €41,821 | €36,210 | -€5,611 | -13.4% |
| Amounts receivable within one year | 40/41 | €23,139 | €25,991 | +€2,852 | +12.3% |
| Trade receivables | 40 | €21,877 | €17,423 | -€4,454 | -20.4% |
| Other amounts receivable | 41 | €1,262 | €8,568 | +€7,306 | +579% |
| Cash at bank and in hand | 54/58 | €17,101 | €8,654 | -€8,447 | -49.4% |
| Deferred charges and accrued income | 490/1 | €1,581 | €1,566 | -€16 | -1.0% |
| Total equity and liabilities | 10/49 | €96,647 | €74,774 | -€21,873 | -22.6% |
| Equity | 10/15 | €21,726 | €18,324 | -€3,402 | -15.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,726 | €17,324 | -€3,402 | -16.4% |
| Amounts payable | 17/49 | €74,922 | €56,451 | -€18,471 | -24.7% |
| Amounts payable after more than one year | 17 | €38,290 | €27,016 | -€11,274 | -29.4% |
| Financial debts | 170/4 | €27,075 | €15,391 | -€11,684 | -43.2% |
| Other amounts payable | 178/9 | €11,215 | €11,625 | +€410 | +3.7% |
| Amounts payable within one year | 42/48 | €34,135 | €28,067 | -€6,067 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €11,152 | €11,684 | +€532 | +4.8% |
| Financial debts | 43 | €118 | €833 | +€715 | +608% |
| Credit institutions | 430/8 | €118 | €833 | +€715 | +608% |
| Trade debts | 44 | €6,527 | €812 | -€5,715 | -87.6% |
| Suppliers | 440/4 | €6,527 | €812 | -€5,715 | -87.6% |
| Taxes, remuneration and social security | 45 | €15,658 | €14,031 | -€1,627 | -10.4% |
| Taxes | 450/3 | €14,858 | €13,551 | -€1,307 | -8.8% |
| Remuneration and social security | 454/9 | €800 | €480 | -€320 | -40.0% |
| Other amounts payable | 47/48 | €680 | €708 | +€28 | +4.1% |
| Accrued charges and deferred income | 492/3 | €2,497 | €1,367 | -€1,130 | -45.2% |
| Remuneration, social security and pensions | 62 | €7,085 | - | -€7,085 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,658 | €18,144 | -€513 | -2.8% |
| Other operating charges | 640/8 | €457 | €588 | +€131 | +28.7% |
| Gross operating margin | 9900 | €50,008 | €35,550 | -€14,458 | -28.9% |
| Operating profit (loss) | 9901 | €23,809 | €16,818 | -€6,990 | -29.4% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €2,251 | €1,862 | -€389 | -17.3% |
| Recurring financial charges | 65 | €2,251 | €1,862 | -€389 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €21,558 | €14,981 | -€6,577 | -30.5% |
| Income taxes | 67/77 | €4,738 | €3,432 | -€1,306 | -27.6% |
| Profit (loss) for the period | 9904 | €16,820 | €11,549 | -€5,272 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,820 | €11,549 | -€5,272 | -31.3% |
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 13 October 2026 via checked.be.