TIBET: 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.
TIBET
Largest movements
- Receivables within one year -€415,935
down €415,935 (-99.7%), from €417,180 to €1,245
of which Trade receivables: -€414,502
- Current investments +€375,100
up €375,100 (+136.3%), from €275,264 to €650,364
- Cash +€30,321
up €30,321 (+350.7%), from €8,645 to €38,966
mainly Receivables within one year (+€415,935) and Investment in fixed assets (net) (+€3,447)
- Tax, wage and social debts -€14,384
down €14,384 (-99.2%), from €14,492 to €109
- Gross operating margin -€147,313
down €147,313 (-99.6%), from €147,872 to €559
- Taxes -€15,702
down €15,702, from €15,674 to -€28
- Write-downs -€5,749
no longer reported in 2025 (was €5,749)
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 | €705,172 | €690,575 | -€14,596 | -2.1% |
| Fixed assets | 21/28 | €3,447 | - | -€3,447 | |
| Tangible fixed assets | 22/27 | €3,447 | - | -€3,447 | |
| Plant, machinery and equipment | 23 | €3,013 | - | -€3,013 | |
| Furniture and vehicles | 24 | €434 | - | -€434 | |
| Current assets | 29/58 | €701,725 | €690,575 | -€11,149 | -1.6% |
| Amounts receivable within one year | 40/41 | €417,180 | €1,245 | -€415,935 | -99.7% |
| Trade receivables | 40 | €414,502 | - | -€414,502 | |
| Other amounts receivable | 41 | €2,678 | €1,245 | -€1,432 | -53.5% |
| Current investments | 50/53 | €275,264 | €650,364 | +€375,100 | +136.3% |
| Cash at bank and in hand | 54/58 | €8,645 | €38,966 | +€30,321 | +350.7% |
| Deferred charges and accrued income | 490/1 | €635 | - | -€635 | |
| Total equity and liabilities | 10/49 | €705,172 | €690,575 | -€14,596 | -2.1% |
| Equity | 10/15 | €689,885 | €690,321 | +€436 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €162,064 | €162,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €160,205 | €160,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | €509,221 | €509,657 | +€436 | +0.1% |
| Amounts payable | 17/49 | €15,287 | €254 | -€15,033 | -98.3% |
| Amounts payable within one year | 42/48 | €15,287 | €254 | -€15,033 | -98.3% |
| Trade debts | 44 | €794 | - | -€794 | |
| Suppliers | 440/4 | €794 | - | -€794 | |
| Taxes, remuneration and social security | 45 | €14,492 | €109 | -€14,384 | -99.2% |
| Taxes | 450/3 | €14,492 | €109 | -€14,384 | -99.2% |
| Other amounts payable | 47/48 | - | €145 | +€145 | |
| Non-recurring operating income | 76A | €74,131 | - | -€74,131 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | - | -€537 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,749 | - | -€5,749 | |
| Other operating charges | 640/8 | €1,988 | €720 | -€1,268 | -63.8% |
| Non-recurring operating charges | 66A | €819 | - | -€819 | |
| Gross operating margin | 9900 | €147,872 | €559 | -€147,313 | -99.6% |
| Operating profit (loss) | 9901 | €138,779 | -€162 | -€138,941 | |
| Financial income | 75/76B | €947 | €1,123 | +€176 | +18.5% |
| Recurring financial income | 75 | €947 | €1,123 | +€176 | +18.5% |
| Financial charges | 65/66B | €551 | €553 | +€2 | +0.3% |
| Recurring financial charges | 65 | €551 | €553 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €139,175 | €408 | -€138,767 | -99.7% |
| Income taxes | 67/77 | €15,674 | -€28 | -€15,702 | |
| Profit (loss) for the period | 9904 | €123,501 | €436 | -€123,065 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €123,501 | €436 | -€123,065 | -99.6% |
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 4 October 2026 via checked.be.