TiB-CON: 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.
TiB-CON
Largest movements
- Tangible fixed assets -€24,947
down €24,947 (-7.5%), from €334,657 to €309,710
of which Furniture and vehicles: -€18,821
- Deferred charges and accrued income +€18,896
up €18,896 (+6,299%), from €300 to €19,196
- Receivables within one year -€15,735
down €15,735 (-24.9%), from €63,173 to €47,438
of which Other amounts receivable: -€17,368
- Cash +€9,302
up €9,302 (+10.8%), from €86,340 to €95,642
mainly Accrued charges and deferred income (+€35,112) and Receivables within one year (+€15,735)
- Debts after one year -€40,977
down €40,977 (-12.7%), from €321,543 to €280,566
- Accrued charges and deferred income +€35,112
up €35,112 (+70.5%), from €49,774 to €84,886
- Other debts -€24,938
down €24,938 (-92.9%), from €26,838 to €1,900
- Profit (loss) carried forward +€13,491
up €13,491, from €0 to €13,491
- Financial charges +€7,678
up €7,678 (+61.3%), from €12,521 to €20,198
- Gross operating margin +€5,803
up €5,803 (+11.9%), from €48,959 to €54,762
- Depreciation -€4,613
down €4,613 (-32.3%), from €14,271 to €9,658
- Taxes +€2,670
up €2,670 (+34.2%), from €7,798 to €10,468
- Financial income +€1,046
up €1,046 (+1,837%), from €57 to €1,103
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 | €484,470 | €471,986 | -€12,483 | -2.6% |
| Fixed assets | 21/28 | €334,657 | €309,710 | -€24,947 | -7.5% |
| Tangible fixed assets | 22/27 | €334,657 | €309,710 | -€24,947 | -7.5% |
| Land and buildings | 22 | €278,200 | €278,200 | = | 0.0% |
| Furniture and vehicles | 24 | €36,909 | €18,089 | -€18,821 | -51.0% |
| Other tangible fixed assets | 26 | €19,547 | €13,421 | -€6,126 | -31.3% |
| Current assets | 29/58 | €149,813 | €162,276 | +€12,463 | +8.3% |
| Amounts receivable within one year | 40/41 | €63,173 | €47,438 | -€15,735 | -24.9% |
| Trade receivables | 40 | €17,424 | €19,058 | +€1,634 | +9.4% |
| Other amounts receivable | 41 | €45,749 | €28,381 | -€17,368 | -38.0% |
| Cash at bank and in hand | 54/58 | €86,340 | €95,642 | +€9,302 | +10.8% |
| Deferred charges and accrued income | 490/1 | €300 | €19,196 | +€18,896 | +6,299% |
| Total equity and liabilities | 10/49 | €484,470 | €471,986 | -€12,483 | -2.6% |
| Equity | 10/15 | €20,460 | €33,951 | +€13,491 | +65.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €13,491 | +€13,491 | |
| Amounts payable | 17/49 | €464,010 | €438,035 | -€25,974 | -5.6% |
| Amounts payable after more than one year | 17 | €321,543 | €280,566 | -€40,977 | -12.7% |
| Financial debts | 170/4 | €321,543 | €280,566 | -€40,977 | -12.7% |
| Amounts payable within one year | 42/48 | €92,692 | €72,583 | -€20,109 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €41,415 | €43,121 | +€1,706 | +4.1% |
| Trade debts | 44 | €0 | €3,953 | +€3,953 | |
| Suppliers | 440/4 | €0 | €3,953 | +€3,953 | |
| Taxes, remuneration and social security | 45 | €24,440 | €23,610 | -€830 | -3.4% |
| Taxes | 450/3 | €24,440 | €21,110 | -€3,330 | -13.6% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €26,838 | €1,900 | -€24,938 | -92.9% |
| Accrued charges and deferred income | 492/3 | €49,774 | €84,886 | +€35,112 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,271 | €9,658 | -€4,613 | -32.3% |
| Other operating charges | 640/8 | €1,050 | €2,050 | +€1,000 | +95.2% |
| Gross operating margin | 9900 | €48,959 | €54,762 | +€5,803 | +11.9% |
| Operating profit (loss) | 9901 | €33,638 | €43,054 | +€9,416 | +28.0% |
| Financial income | 75/76B | €57 | €1,103 | +€1,046 | +1,837% |
| Recurring financial income | 75 | €57 | €1,103 | +€1,046 | +1,837% |
| Financial charges | 65/66B | €12,521 | €20,198 | +€7,678 | +61.3% |
| Recurring financial charges | 65 | €12,521 | €20,198 | +€7,678 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €21,175 | €23,959 | +€2,785 | +13.2% |
| Income taxes | 67/77 | €7,798 | €10,468 | +€2,670 | +34.2% |
| Profit (loss) for the period | 9904 | €13,377 | €13,491 | +€114 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,377 | €13,491 | +€114 | +0.9% |
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.