Tbiz: 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.
Tbiz
Largest movements
- Receivables after one year +€69,224
up €69,224 (+15.0%), from €460,000 to €529,224
- Receivables within one year +€49,633
up €49,633 (+46.0%), from €108,004 to €157,637
of which Trade receivables: +€43,271
- Current investments +€45,038
up €45,038 (+5.1%), from €885,554 to €930,592
- Reserves +€162,011
up €162,011 (+24.0%), from €676,373 to €838,384
of which Distributable reserves: +€162,011
- Gross operating margin +€95,323
up €95,323 (+56.5%), from €168,806 to €264,129
- Taxes +€25,784
up €25,784 (+34.4%), from €74,959 to €100,744
- Financial income -€13,344
down €13,344 (-24.0%), from €55,645 to €42,301
- Depreciation -€10,964
down €10,964 (-82.4%), from €13,302 to €2,337
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 | €2,514,256 | €2,695,704 | +€181,449 | +7.2% |
| Fixed assets | 21/28 | €539,645 | €523,840 | -€15,805 | -2.9% |
| Tangible fixed assets | 22/27 | €20,393 | €4,587 | -€15,805 | -77.5% |
| Furniture and vehicles | 24 | €20,393 | €4,587 | -€15,805 | -77.5% |
| Financial fixed assets | 28 | €519,252 | €519,252 | = | 0.0% |
| Current assets | 29/58 | €1,974,611 | €2,171,865 | +€197,254 | +10.0% |
| Amounts receivable after more than one year | 29 | €460,000 | €529,224 | +€69,224 | +15.0% |
| Other amounts receivable | 291 | €460,000 | €529,224 | +€69,224 | +15.0% |
| Amounts receivable within one year | 40/41 | €108,004 | €157,637 | +€49,633 | +46.0% |
| Trade receivables | 40 | €107,462 | €150,733 | +€43,271 | +40.3% |
| Other amounts receivable | 41 | €542 | €6,904 | +€6,361 | +1,173% |
| Current investments | 50/53 | €885,554 | €930,592 | +€45,038 | +5.1% |
| Cash at bank and in hand | 54/58 | €484,439 | €504,984 | +€20,545 | +4.2% |
| Deferred charges and accrued income | 490/1 | €36,614 | €49,429 | +€12,815 | +35.0% |
| Total equity and liabilities | 10/49 | €2,514,256 | €2,695,704 | +€181,449 | +7.2% |
| Equity | 10/15 | €2,430,491 | €2,592,502 | +€162,011 | +6.7% |
| Contributions | 10/11 | €54,800 | €54,800 | = | 0.0% |
| Reserves | 13 | €676,373 | €838,384 | +€162,011 | +24.0% |
| Non-distributable reserves | 130/1 | €6,720 | €6,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,720 | €6,720 | = | 0.0% |
| Distributable reserves | 133 | €669,653 | €831,664 | +€162,011 | +24.2% |
| Profit (loss) carried forward | 14 | €1,699,318 | €1,699,318 | = | 0.0% |
| Amounts payable | 17/49 | €83,765 | €103,202 | +€19,438 | +23.2% |
| Amounts payable within one year | 42/48 | €83,765 | €102,566 | +€18,802 | +22.4% |
| Trade debts | 44 | €8,198 | €10,144 | +€1,946 | +23.7% |
| Suppliers | 440/4 | €8,198 | €10,144 | +€1,946 | +23.7% |
| Taxes, remuneration and social security | 45 | €75,567 | €88,845 | +€13,278 | +17.6% |
| Taxes | 450/3 | €67,270 | €81,193 | +€13,923 | +20.7% |
| Remuneration and social security | 454/9 | €8,297 | €7,652 | -€645 | -7.8% |
| Other amounts payable | 47/48 | - | €3,578 | +€3,578 | |
| Accrued charges and deferred income | 492/3 | - | €636 | +€636 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,302 | €2,337 | -€10,964 | -82.4% |
| Other operating charges | 640/8 | €1,509 | €975 | -€533 | -35.3% |
| Non-recurring operating charges | 66A | - | €15,621 | +€15,621 | |
| Gross operating margin | 9900 | €168,806 | €264,129 | +€95,323 | +56.5% |
| Operating profit (loss) | 9901 | €153,996 | €245,196 | +€91,200 | +59.2% |
| Financial income | 75/76B | €55,645 | €42,301 | -€13,344 | -24.0% |
| Recurring financial income | 75 | €55,645 | €42,301 | -€13,344 | -24.0% |
| Financial charges | 65/66B | €2,945 | €4,742 | +€1,798 | +61.0% |
| Recurring financial charges | 65 | €2,945 | €4,742 | +€1,798 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | €206,696 | €282,755 | +€76,059 | +36.8% |
| Income taxes | 67/77 | €74,959 | €100,744 | +€25,784 | +34.4% |
| Profit (loss) for the period | 9904 | €131,737 | €182,011 | +€50,274 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €131,737 | €182,011 | +€50,274 | +38.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.