Tiberma: 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.
Tiberma
Largest movements
- Cash -€32,806
down €32,806 (-37.0%), from €88,660 to €55,854
mainly Contributions, distributions and other (-€40,000) and Tax, wage and social debts (-€33,281)
- Receivables within one year +€14,822
up €14,822 (+854.4%), from €1,735 to €16,556
of which Trade receivables: +€16,545
- Tangible fixed assets -€7,977
down €7,977 (-6.3%), from €127,500 to €119,524
- Tax, wage and social debts -€33,281
down €33,281 (-87.0%), from €38,239 to €4,958
- Profit (loss) carried forward +€7,447
up €7,447 (+6.1%), from €121,238 to €128,685
- Gross operating margin +€7,191
up €7,191 (+8.7%), from €82,823 to €90,014
- Depreciation +€2,119
up €2,119 (+36.2%), from €5,858 to €7,977
- Taxes +€1,193
up €1,193 (+8.1%), from €14,765 to €15,958
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,458 | €194,624 | -€25,834 | -11.7% |
| Fixed assets | 21/28 | €127,500 | €119,524 | -€7,977 | -6.3% |
| Tangible fixed assets | 22/27 | €127,500 | €119,524 | -€7,977 | -6.3% |
| Land and buildings | 22 | €127,500 | €119,524 | -€7,977 | -6.3% |
| Current assets | 29/58 | €92,958 | €75,100 | -€17,858 | -19.2% |
| Amounts receivable within one year | 40/41 | €1,735 | €16,556 | +€14,822 | +854.4% |
| Trade receivables | 40 | - | €16,545 | +€16,545 | |
| Other amounts receivable | 41 | €1,735 | €11 | -€1,724 | -99.4% |
| Cash at bank and in hand | 54/58 | €88,660 | €55,854 | -€32,806 | -37.0% |
| Deferred charges and accrued income | 490/1 | €2,563 | €2,690 | +€127 | +4.9% |
| Total equity and liabilities | 10/49 | €220,458 | €194,624 | -€25,834 | -11.7% |
| Equity | 10/15 | €142,219 | €149,666 | +€7,447 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,381 | €2,381 | = | 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% |
| Tax-exempt reserves | 132 | €521 | €521 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,238 | €128,685 | +€7,447 | +6.1% |
| Amounts payable | 17/49 | €78,239 | €44,958 | -€33,281 | -42.5% |
| Amounts payable within one year | 42/48 | €78,239 | €44,958 | -€33,281 | -42.5% |
| Taxes, remuneration and social security | 45 | €38,239 | €4,958 | -€33,281 | -87.0% |
| Taxes | 450/3 | €38,239 | €4,958 | -€33,281 | -87.0% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,858 | €7,977 | +€2,119 | +36.2% |
| Other operating charges | 640/8 | €17,664 | €18,367 | +€703 | +4.0% |
| Gross operating margin | 9900 | €82,823 | €90,014 | +€7,191 | +8.7% |
| Operating profit (loss) | 9901 | €59,301 | €63,670 | +€4,369 | +7.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €266 | €266 | = | 0.0% |
| Recurring financial charges | 65 | €266 | €266 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €59,036 | €63,405 | +€4,369 | +7.4% |
| Income taxes | 67/77 | €14,765 | €15,958 | +€1,193 | +8.1% |
| Profit (loss) for the period | 9904 | €44,271 | €47,447 | +€3,176 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,271 | €47,447 | +€3,176 | +7.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.