TBiT: 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.
TBiT
Largest movements
- Cash +€43,186
up €43,186 (+47.7%), from €90,449 to €133,635
mainly Net result for the year (+€42,588) and Depreciation (+€7,751)
- Receivables within one year +€1,794
up €1,794 (+14.9%), from €12,064 to €13,859
of which Other amounts receivable: +€1,577
- Reserves +€42,588
up €42,588 (+48.4%), from €87,973 to €130,561
- Debts after one year -€6,647
down €6,647 (-100.0%), from €6,647 to €0
- Tax, wage and social debts +€5,250
up €5,250 (+30.0%), from €17,504 to €22,754
of which Taxes: +€4,409
- Trade debts +€3,475
up €3,475 (+203.5%), from €1,708 to €5,183
- Gross operating margin -€4,367
down €4,367 (-6.3%), from €69,022 to €64,655
- Taxes -€1,011
down €1,011 (-7.6%), from €13,351 to €12,340
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 | €124,037 | €169,004 | +€44,967 | +36.3% |
| Fixed assets | 21/28 | €20,151 | €20,038 | -€113 | -0.6% |
| Tangible fixed assets | 22/27 | €20,151 | €20,038 | -€113 | -0.6% |
| Furniture and vehicles | 24 | €20,151 | €12,847 | -€7,304 | -36.2% |
| Other tangible fixed assets | 26 | - | €7,191 | +€7,191 | |
| Current assets | 29/58 | €103,886 | €148,966 | +€45,079 | +43.4% |
| Amounts receivable within one year | 40/41 | €12,064 | €13,859 | +€1,794 | +14.9% |
| Trade receivables | 40 | €12,064 | €12,282 | +€217 | +1.8% |
| Other amounts receivable | 41 | - | €1,577 | +€1,577 | |
| Cash at bank and in hand | 54/58 | €90,449 | €133,635 | +€43,186 | +47.7% |
| Deferred charges and accrued income | 490/1 | €1,373 | €1,472 | +€99 | +7.2% |
| Total equity and liabilities | 10/49 | €124,037 | €169,004 | +€44,967 | +36.3% |
| Equity | 10/15 | €90,473 | €133,061 | +€42,588 | +47.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,973 | €130,561 | +€42,588 | +48.4% |
| Distributable reserves | 133 | €87,973 | €130,561 | +€42,588 | +48.4% |
| Amounts payable | 17/49 | €33,564 | €35,943 | +€2,379 | +7.1% |
| Amounts payable after more than one year | 17 | €6,647 | €0 | -€6,647 | -100.0% |
| Financial debts | 170/4 | €6,647 | €0 | -€6,647 | -100.0% |
| Amounts payable within one year | 42/48 | €26,905 | €35,943 | +€9,038 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €7,692 | €6,647 | -€1,046 | -13.6% |
| Trade debts | 44 | €1,708 | €5,183 | +€3,475 | +203.5% |
| Suppliers | 440/4 | €1,708 | €5,183 | +€3,475 | +203.5% |
| Taxes, remuneration and social security | 45 | €17,504 | €22,754 | +€5,250 | +30.0% |
| Taxes | 450/3 | €17,504 | €21,913 | +€4,409 | +25.2% |
| Remuneration and social security | 454/9 | - | €841 | +€841 | |
| Other amounts payable | 47/48 | €0 | €1,359 | +€1,359 | |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,304 | €7,751 | +€447 | +6.1% |
| Other operating charges | 640/8 | €843 | €1,516 | +€673 | +79.9% |
| Non-recurring operating charges | 66A | €0 | €250 | +€250 | |
| Gross operating margin | 9900 | €69,022 | €64,655 | -€4,367 | -6.3% |
| Operating profit (loss) | 9901 | €60,875 | €55,138 | -€5,737 | -9.4% |
| Financial income | 75/76B | €143 | €392 | +€248 | +173.5% |
| Recurring financial income | 75 | €143 | €392 | +€248 | +173.5% |
| Financial charges | 65/66B | €909 | €602 | -€307 | -33.7% |
| Recurring financial charges | 65 | €909 | €602 | -€307 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €60,109 | €54,928 | -€5,182 | -8.6% |
| Income taxes | 67/77 | €13,351 | €12,340 | -€1,011 | -7.6% |
| Profit (loss) for the period | 9904 | €46,758 | €42,588 | -€4,170 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,758 | €42,588 | -€4,170 | -8.9% |
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 7 October 2026 via checked.be.