Tibcat: 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.
Tibcat
Largest movements
- Cash +€129,408
up €129,408 (+58.0%), from €223,114 to €352,522
mainly Other debts (+€200,000) and Net result for the year (+€143,252)
- Receivables within one year +€47,915
up €47,915 (+63.2%), from €75,841 to €123,755
of which Trade receivables: +€45,242
- Other debts +€200,000
up €200,000, from €0 to €200,000
- Profit (loss) carried forward -€92,042
down €92,042 (-27.7%), from €332,751 to €240,710
- Tax, wage and social debts +€36,514
up €36,514 (+60.6%), from €60,250 to €96,764
- Trade debts +€29,425
up €29,425 (+562%), from €5,233 to €34,658
- Depreciation +€8,846
up €8,846 (+39.6%), from €22,339 to €31,185
- Gross operating margin -€8,839
down €8,839 (-3.8%), from €234,796 to €225,957
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 | €403,235 | €577,131 | +€173,897 | +43.1% |
| Fixed assets | 21/28 | €103,885 | €100,854 | -€3,031 | -2.9% |
| Tangible fixed assets | 22/27 | €100,285 | €97,254 | -€3,031 | -3.0% |
| Plant, machinery and equipment | 23 | €22,259 | €33,307 | +€11,048 | +49.6% |
| Furniture and vehicles | 24 | €78,026 | €63,946 | -€14,079 | -18.0% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €299,350 | €476,278 | +€176,928 | +59.1% |
| Amounts receivable within one year | 40/41 | €75,841 | €123,755 | +€47,915 | +63.2% |
| Trade receivables | 40 | €69,099 | €114,342 | +€45,242 | +65.5% |
| Other amounts receivable | 41 | €6,742 | €9,414 | +€2,672 | +39.6% |
| Cash at bank and in hand | 54/58 | €223,114 | €352,522 | +€129,408 | +58.0% |
| Deferred charges and accrued income | 490/1 | €395 | €0 | -€395 | -100% |
| Total equity and liabilities | 10/49 | €403,235 | €577,131 | +€173,897 | +43.1% |
| Equity | 10/15 | €337,751 | €245,710 | -€92,042 | -27.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €332,751 | €240,710 | -€92,042 | -27.7% |
| Amounts payable | 17/49 | €65,483 | €331,422 | +€265,938 | +406% |
| Amounts payable within one year | 42/48 | €65,483 | €331,422 | +€265,938 | +406% |
| Trade debts | 44 | €5,233 | €34,658 | +€29,425 | +562% |
| Suppliers | 440/4 | €5,233 | €34,658 | +€29,425 | +562% |
| Taxes, remuneration and social security | 45 | €60,250 | €96,764 | +€36,514 | +60.6% |
| Taxes | 450/3 | €60,250 | €96,764 | +€36,514 | +60.6% |
| Other amounts payable | 47/48 | €0 | €200,000 | +€200,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,339 | €31,185 | +€8,846 | +39.6% |
| Other operating charges | 640/8 | €243 | €472 | +€229 | +94.0% |
| Gross operating margin | 9900 | €234,796 | €225,957 | -€8,839 | -3.8% |
| Operating profit (loss) | 9901 | €212,213 | €194,300 | -€17,913 | -8.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,276 | €544 | -€733 | -57.4% |
| Recurring financial charges | 65 | €1,276 | €544 | -€733 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €210,937 | €193,757 | -€17,180 | -8.1% |
| Income taxes | 67/77 | €52,736 | €50,505 | -€2,231 | -4.2% |
| Profit (loss) for the period | 9904 | €158,201 | €143,252 | -€14,949 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €158,201 | €143,252 | -€14,949 | -9.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.