TIBEO SRL: 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.
TIBEO SRL
Largest movements
- Tangible fixed assets +€35,427
up €35,427 (+158%), from €22,428 to €57,855
of which Leasing and similar rights: +€46,215
- Cash +€18,158
up €18,158 (+65.8%), from €27,587 to €45,745
mainly Debts after one year (+€46,615) and Net result for the year (+€20,351)
- Receivables within one year -€6,044
down €6,044 (-24.7%), from €24,513 to €18,469
of which Other amounts receivable: -€5,994
- Debts after one year +€46,615
new in 2025: €46,615
- Other debts -€14,000
down €14,000 (-43.8%), from €32,000 to €18,000
- Current portion of long-term debt +€12,795
new in 2025: €12,795
- Trade debts +€5,624
up €5,624 (+263%), from €2,135 to €7,759
- Tax, wage and social debts -€4,270
down €4,270 (-52.1%), from €8,198 to €3,928
of which Taxes: -€3,274
- Staff costs +€16,719
up €16,719 (+16.3%), from €102,768 to €119,487
- Gross operating margin -€9,393
down €9,393 (-5.2%), from €180,297 to €170,904
- Taxes -€7,530
down €7,530 (-57.0%), from €13,222 to €5,692
- Depreciation +€6,232
up €6,232 (+82.0%), from €7,599 to €13,831
- Other operating charges -€1,840
down €1,840 (-45.8%), from €4,015 to €2,175
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 | €74,607 | €122,083 | +€47,476 | +63.6% |
| Fixed assets | 21/28 | €22,428 | €57,855 | +€35,427 | +158% |
| Tangible fixed assets | 22/27 | €22,428 | €57,855 | +€35,427 | +158% |
| Plant, machinery and equipment | 23 | €3,631 | €2,803 | -€828 | -22.8% |
| Furniture and vehicles | 24 | €18,797 | €8,837 | -€9,960 | -53.0% |
| Leasing and similar rights | 25 | - | €46,215 | +€46,215 | |
| Current assets | 29/58 | €52,179 | €64,228 | +€12,049 | +23.1% |
| Amounts receivable within one year | 40/41 | €24,513 | €18,469 | -€6,044 | -24.7% |
| Trade receivables | 40 | €50 | - | -€50 | |
| Other amounts receivable | 41 | €24,463 | €18,469 | -€5,994 | -24.5% |
| Cash at bank and in hand | 54/58 | €27,587 | €45,745 | +€18,158 | +65.8% |
| Deferred charges and accrued income | 490/1 | €79 | €14 | -€65 | -82.3% |
| Total equity and liabilities | 10/49 | €74,607 | €122,083 | +€47,476 | +63.6% |
| Equity | 10/15 | €22,274 | €24,625 | +€2,351 | +10.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,274 | €17,625 | +€2,351 | +15.4% |
| Amounts payable | 17/49 | €52,333 | €97,458 | +€45,125 | +86.2% |
| Amounts payable after more than one year | 17 | - | €46,615 | +€46,615 | |
| Financial debts | 170/4 | - | €46,615 | +€46,615 | |
| Amounts payable within one year | 42/48 | €52,333 | €50,843 | -€1,490 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,795 | +€12,795 | |
| Financial debts | 43 | €10,000 | €8,361 | -€1,639 | -16.4% |
| Other loans | 439 | €10,000 | €8,361 | -€1,639 | -16.4% |
| Trade debts | 44 | €2,135 | €7,759 | +€5,624 | +263% |
| Suppliers | 440/4 | €2,135 | €7,759 | +€5,624 | +263% |
| Taxes, remuneration and social security | 45 | €8,198 | €3,928 | -€4,270 | -52.1% |
| Taxes | 450/3 | €4,353 | €1,079 | -€3,274 | -75.2% |
| Remuneration and social security | 454/9 | €3,845 | €2,849 | -€996 | -25.9% |
| Other amounts payable | 47/48 | €32,000 | €18,000 | -€14,000 | -43.8% |
| Remuneration, social security and pensions | 62 | €102,768 | €119,487 | +€16,719 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,599 | €13,831 | +€6,232 | +82.0% |
| Other operating charges | 640/8 | €4,015 | €2,175 | -€1,840 | -45.8% |
| Non-recurring operating charges | 66A | €5,372 | €7,594 | +€2,222 | +41.4% |
| Gross operating margin | 9900 | €180,297 | €170,904 | -€9,393 | -5.2% |
| Operating profit (loss) | 9901 | €60,543 | €27,817 | -€32,726 | -54.1% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €48 | €1,775 | +€1,727 | +3,598% |
| Recurring financial charges | 65 | €48 | €1,775 | +€1,727 | +3,598% |
| Profit (loss) for the period before taxes | 9903 | €60,496 | €26,043 | -€34,453 | -57.0% |
| Income taxes | 67/77 | €13,222 | €5,692 | -€7,530 | -57.0% |
| Profit (loss) for the period | 9904 | €47,274 | €20,351 | -€26,923 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,274 | €20,351 | -€26,923 | -57.0% |
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 29 October 2026 via checked.be.