TIBBLOC: 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.
TIBBLOC
Largest movements
- Cash +€583,906
up €583,906 (+454%), from €128,701 to €712,607
mainly Net result for the year (+€534,917) and Other debts (+€450,752)
- Receivables within one year -€257,728
down €257,728 (-46.1%), from €558,702 to €300,974
of which Trade receivables: -€201,608
- Tangible fixed assets -€55,489
down €55,489 (-54.8%), from €101,273 to €45,784
of which Leasing and similar rights: -€32,289
- Other debts +€450,752
up €450,752 (+300%), from €150,110 to €600,862
- Profit (loss) carried forward -€96,583
down €96,583 (-31.3%), from €308,860 to €212,277
- Trade debts -€54,478
down €54,478 (-38.1%), from €142,913 to €88,435
- Debts after one year -€24,975
down €24,975 (-100%), from €24,975 to €0
- Accrued charges and deferred income -€11,320
down €11,320 (-56.4%), from €20,079 to €8,759
- Gross operating margin +€319,205
up €319,205 (+51.3%), from €622,380 to €941,585
- Taxes +€79,658
up €79,658 (+84.4%), from €94,332 to €173,990
- Staff costs -€18,234
down €18,234 (-8.5%), from €214,517 to €196,283
- Depreciation -€10,338
down €10,338 (-31.3%), from €33,002 to €22,663
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 | €800,732 | €1,064,758 | +€264,026 | +33.0% |
| Fixed assets | 21/28 | €101,501 | €46,012 | -€55,489 | -54.7% |
| Tangible fixed assets | 22/27 | €101,273 | €45,784 | -€55,489 | -54.8% |
| Plant, machinery and equipment | 23 | €16,280 | €8,961 | -€7,319 | -45.0% |
| Furniture and vehicles | 24 | €45,279 | €30,403 | -€14,876 | -32.9% |
| Leasing and similar rights | 25 | €32,289 | €0 | -€32,289 | -100% |
| Other tangible fixed assets | 26 | €7,425 | €6,421 | -€1,004 | -13.5% |
| Financial fixed assets | 28 | €228 | €228 | = | 0.0% |
| Current assets | 29/58 | €699,232 | €1,018,746 | +€319,514 | +45.7% |
| Stocks and contracts in progress | 3 | €5,847 | €3,955 | -€1,892 | -32.4% |
| Stocks | 30/36 | €5,847 | €3,955 | -€1,892 | -32.4% |
| Amounts receivable within one year | 40/41 | €558,702 | €300,974 | -€257,728 | -46.1% |
| Trade receivables | 40 | €481,651 | €280,043 | -€201,608 | -41.9% |
| Other amounts receivable | 41 | €77,051 | €20,930 | -€56,120 | -72.8% |
| Cash at bank and in hand | 54/58 | €128,701 | €712,607 | +€583,906 | +454% |
| Deferred charges and accrued income | 490/1 | €5,982 | €1,210 | -€4,772 | -79.8% |
| Total equity and liabilities | 10/49 | €800,732 | €1,064,758 | +€264,026 | +33.0% |
| Equity | 10/15 | €358,860 | €262,277 | -€96,583 | -26.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308,860 | €212,277 | -€96,583 | -31.3% |
| Amounts payable | 17/49 | €441,873 | €802,482 | +€360,609 | +81.6% |
| Amounts payable after more than one year | 17 | €24,975 | €0 | -€24,975 | -100% |
| Financial debts | 170/4 | €24,975 | €0 | -€24,975 | -100% |
| Amounts payable within one year | 42/48 | €396,819 | €793,723 | +€396,904 | +100% |
| Current portion of amounts payable after more than one year | 42 | €9,155 | €0 | -€9,155 | -100% |
| Trade debts | 44 | €142,913 | €88,435 | -€54,478 | -38.1% |
| Suppliers | 440/4 | €142,913 | €88,435 | -€54,478 | -38.1% |
| Taxes, remuneration and social security | 45 | €94,641 | €104,426 | +€9,785 | +10.3% |
| Taxes | 450/3 | €29,916 | €52,056 | +€22,140 | +74.0% |
| Remuneration and social security | 454/9 | €64,725 | €52,369 | -€12,356 | -19.1% |
| Other amounts payable | 47/48 | €150,110 | €600,862 | +€450,752 | +300% |
| Accrued charges and deferred income | 492/3 | €20,079 | €8,759 | -€11,320 | -56.4% |
| Remuneration, social security and pensions | 62 | €214,517 | €196,283 | -€18,234 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,002 | €22,663 | -€10,338 | -31.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €689 | +€689 | |
| Other operating charges | 640/8 | €903 | €9,250 | +€8,347 | +924% |
| Gross operating margin | 9900 | €622,380 | €941,585 | +€319,205 | +51.3% |
| Operating profit (loss) | 9901 | €373,958 | €712,699 | +€338,742 | +90.6% |
| Financial income | 75/76B | €694 | €0 | -€694 | -100% |
| Recurring financial income | 75 | €694 | €0 | -€694 | -100% |
| Financial charges | 65/66B | €2,740 | €3,792 | +€1,052 | +38.4% |
| Recurring financial charges | 65 | €2,740 | €3,792 | +€1,052 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €371,912 | €708,907 | +€336,996 | +90.6% |
| Income taxes | 67/77 | €94,332 | €173,990 | +€79,658 | +84.4% |
| Profit (loss) for the period | 9904 | €277,580 | €534,917 | +€257,338 | +92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €277,580 | €534,917 | +€257,338 | +92.7% |
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 15 October 2026 via checked.be.