TIBERCO: what changed
Two fiscal 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.
TIBERCO
Largest movements
- Receivables within one year +€6,568
up €6,568 (+579.1%), from €1,134 to €7,703
of which Other amounts receivable: +€7,669
- Deferred charges and accrued income +€3,403
up €3,403 (+35.6%), from €9,547 to €12,950
- Cash -€3,372
down €3,372 (-3.5%), from €95,380 to €92,008
mainly Investment in fixed assets (net) (-€12,544) and Trade debts (-€6,940)
- Reserves +€10,881
up €10,881 (+7.8%), from €140,029 to €150,910
- Trade debts -€6,940
down €6,940 (-57.7%), from €12,028 to €5,088
- Other debts +€3,237
up €3,237 (+6.6%), from €48,891 to €52,127
- Gross operating margin -€17,219
down €17,219 (-12.2%), from €140,925 to €123,706
- Staff costs +€5,637
up €5,637 (+7.0%), from €80,214 to €85,851
- Taxes -€4,922
down €4,922 (-46.8%), from €10,514 to €5,592
- Depreciation -€3,453
down €3,453 (-21.4%), from €16,117 to €12,664
- Financial charges -€1,872
down €1,872 (-35.9%), from €5,217 to €3,345
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.
Cash bridge derived
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 | €236,846 | €243,428 | +€6,581 | +2.8% |
| Fixed assets | 21/28 | €126,124 | €126,003 | -€120 | -0.1% |
| Tangible fixed assets | 22/27 | €125,974 | €125,853 | -€120 | -0.1% |
| Land and buildings | 22 | €107,406 | €102,350 | -€5,056 | -4.7% |
| Plant, machinery and equipment | 23 | €14,120 | €19,615 | +€5,495 | +38.9% |
| Furniture and vehicles | 24 | €4,448 | €3,889 | -€559 | -12.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €110,722 | €117,424 | +€6,702 | +6.1% |
| Stocks and contracts in progress | 3 | €4,661 | €4,764 | +€103 | +2.2% |
| Stocks | 30/36 | €4,661 | €4,764 | +€103 | +2.2% |
| Amounts receivable within one year | 40/41 | €1,134 | €7,703 | +€6,568 | +579.1% |
| Trade receivables | 40 | €1,101 | €0 | -€1,101 | -100.0% |
| Other amounts receivable | 41 | €33 | €7,703 | +€7,669 | +22961.4% |
| Cash at bank and in hand | 54/58 | €95,380 | €92,008 | -€3,372 | -3.5% |
| Deferred charges and accrued income | 490/1 | €9,547 | €12,950 | +€3,403 | +35.6% |
| Total equity and liabilities | 10/49 | €236,846 | €243,428 | +€6,581 | +2.8% |
| Equity | 10/15 | €158,621 | €169,502 | +€10,881 | +6.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €140,029 | €150,910 | +€10,881 | +7.8% |
| Distributable reserves | 133 | €140,029 | €150,910 | +€10,881 | +7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,226 | €73,926 | -€4,299 | -5.5% |
| Amounts payable within one year | 42/48 | €78,226 | €73,926 | -€4,299 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,028 | €5,088 | -€6,940 | -57.7% |
| Suppliers | 440/4 | €12,028 | €5,088 | -€6,940 | -57.7% |
| Taxes, remuneration and social security | 45 | €17,307 | €16,711 | -€596 | -3.4% |
| Taxes | 450/3 | €8,599 | €9,315 | +€716 | +8.3% |
| Remuneration and social security | 454/9 | €8,708 | €7,396 | -€1,312 | -15.1% |
| Other amounts payable | 47/48 | €48,891 | €52,127 | +€3,237 | +6.6% |
| Remuneration, social security and pensions | 62 | €80,214 | €85,851 | +€5,637 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,117 | €12,664 | -€3,453 | -21.4% |
| Other operating charges | 640/8 | €3,618 | €3,728 | +€110 | +3.1% |
| Gross operating margin | 9900 | €140,925 | €123,706 | -€17,219 | -12.2% |
| Operating profit (loss) | 9901 | €40,976 | €21,462 | -€19,513 | -47.6% |
| Financial income | 75/76B | €370 | €22 | -€348 | -94.1% |
| Recurring financial income | 75 | €370 | €22 | -€348 | -94.1% |
| Financial charges | 65/66B | €5,217 | €3,345 | -€1,872 | -35.9% |
| Recurring financial charges | 65 | €5,217 | €3,345 | -€1,872 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €36,129 | €18,139 | -€17,989 | -49.8% |
| Income taxes | 67/77 | €10,514 | €5,592 | -€4,922 | -46.8% |
| Profit (loss) for the period | 9904 | €25,615 | €12,547 | -€13,068 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,615 | €12,547 | -€13,068 | -51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.