TISZAI: what changed
What changed
TISZAI
NACE 46.392, Non-specialised wholesale
filed annual accounts (NBB)
Net result for the year
-€36,397
2024 · €174,720-€211,118
Equity
€915,954
2024 · €952,351-€36,397
Cash
€445,216
2024 · €225,819+€219,396
Balance sheet total
€1.5m
2024 · €1.6m-€134,209
Largest movements
Assets
- Receivables within one year -€330,031
down €330,031 (-24.6%), from €1.3m to €1.0m
of which Trade receivables: -€225,385
- Cash +€219,396
up €219,396 (+97.2%), from €225,819 to €445,216
mainly Receivables within one year (+€330,031) and Depreciation (+€18,153)
- Tangible fixed assets -€18,153
down €18,153 (-36.3%), from €50,002 to €31,848
Equity and liabilities
- Other debts -€58,613
no longer reported in 2025 (was €58,613)
- Profit (loss) carried forward -€36,397
down €36,397 (-4.3%), from €840,151 to €803,754
- Trade debts -€28,838
down €28,838 (-5.1%), from €570,533 to €541,696
Income statement
- Gross operating margin -€94,983
down €94,983 (-27.0%), from €351,855 to €256,872
- Taxes -€23,189
down €23,189 (-35.2%), from €65,804 to €42,616
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€174,720
Gross operating margin
-€94,983
Staff costs
-€579
Other operating charges
+€1,180
Other operating items
-€138,479
Financial income
-€3,462
Financial charges
+€2,017
Taxes
+€23,189
Result 2025
-€36,397
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€219,396
Investment
€0
Financing
€0
Cash 2024
€225,819
From operations (derived)
+€219,396
Net result for the year
-€36,397
Depreciation
+€18,153
Stocks and contracts
+€6,090
Receivables within one year
+€330,031
Deferred charges and accrued income
-€669
Trade debts
-€28,838
Tax, wage and social debts
-€10,362
Other debts
-€58,613
Cash 2025
€445,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,631,913 | €1,497,703 | -€134,209 | -8.2% |
| Fixed assets | 21/28 | €50,002 | €31,848 | -€18,153 | -36.3% |
| Tangible fixed assets | 22/27 | €50,002 | €31,848 | -€18,153 | -36.3% |
| Furniture and vehicles | 24 | €50,002 | €31,848 | -€18,153 | -36.3% |
| Current assets | 29/58 | €1,581,911 | €1,465,855 | -€116,056 | -7.3% |
| Stocks and contracts in progress | 3 | €14,224 | €8,134 | -€6,090 | -42.8% |
| Stocks | 30/36 | €14,224 | €8,134 | -€6,090 | -42.8% |
| Amounts receivable within one year | 40/41 | €1,341,552 | €1,011,521 | -€330,031 | -24.6% |
| Trade receivables | 40 | €1,197,802 | €972,418 | -€225,385 | -18.8% |
| Other amounts receivable | 41 | €143,749 | €39,103 | -€104,646 | -72.8% |
| Cash at bank and in hand | 54/58 | €225,819 | €445,216 | +€219,396 | +97.2% |
| Deferred charges and accrued income | 490/1 | €316 | €985 | +€669 | +211% |
| Total equity and liabilities | 10/49 | €1,631,913 | €1,497,703 | -€134,209 | -8.2% |
| Equity | 10/15 | €952,351 | €915,954 | -€36,397 | -3.8% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Capital | 10 | €102,000 | €102,000 | = | 0.0% |
| Issued capital | 100 | €102,000 | €102,000 | = | 0.0% |
| Reserves | 13 | €10,200 | €10,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,200 | €10,200 | = | 0.0% |
| Legal reserve | 130 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €840,151 | €803,754 | -€36,397 | -4.3% |
| Amounts payable | 17/49 | €679,561 | €581,749 | -€97,812 | -14.4% |
| Amounts payable within one year | 42/48 | €679,561 | €581,749 | -€97,812 | -14.4% |
| Trade debts | 44 | €570,533 | €541,696 | -€28,838 | -5.1% |
| Suppliers | 440/4 | €570,533 | €541,696 | -€28,838 | -5.1% |
| Taxes, remuneration and social security | 45 | €50,416 | €40,054 | -€10,362 | -20.6% |
| Taxes | 450/3 | €40,678 | €29,481 | -€11,197 | -27.5% |
| Remuneration and social security | 454/9 | €9,738 | €10,573 | +€835 | +8.6% |
| Other amounts payable | 47/48 | €58,613 | - | -€58,613 | |
| Remuneration, social security and pensions | 62 | €92,394 | €92,974 | +€579 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,153 | €18,153 | = | 0.0% |
| Other operating charges | 640/8 | €3,395 | €2,214 | -€1,180 | -34.8% |
| Non-recurring operating charges | 66A | - | €138,479 | +€138,479 | |
| Gross operating margin | 9900 | €351,855 | €256,872 | -€94,983 | -27.0% |
| Operating profit (loss) | 9901 | €237,913 | €5,051 | -€232,861 | -97.9% |
| Financial income | 75/76B | €3,462 | - | -€3,462 | |
| Recurring financial income | 75 | €3,462 | - | -€3,462 | |
| Financial charges | 65/66B | €850 | -€1,167 | -€2,017 | |
| Recurring financial charges | 65 | €850 | -€1,167 | -€2,017 | |
| Profit (loss) for the period before taxes | 9903 | €240,525 | €6,218 | -€234,306 | -97.4% |
| Income taxes | 67/77 | €65,804 | €42,616 | -€23,189 | -35.2% |
| Profit (loss) for the period | 9904 | €174,720 | -€36,397 | -€211,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €174,720 | -€36,397 | -€211,118 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.