TIBET: 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.
TIBET
Largest movements
- Current investments +€2.1m
up €2.1m (+208%), from €1.0m to €3.1m
- Cash +€559,257
up €559,257 (+193%), from €289,694 to €848,952
mainly Net result for the year (+€3.3m) and Debts after one year (+€124,148)
- Reserves +€2.8m
up €2.8m (+486%), from €566,845 to €3.3m
- Other debts -€211,307
down €211,307 (-93.7%), from €225,475 to €14,168
- Debts after one year +€124,148
up €124,148 (+24.8%), from €500,626 to €624,774
- Financial income +€3.2m
up €3.2m (+16,037,787,200%), from €0 to €3.2m
- Gross operating margin -€123,085
down €123,085 (-34.9%), from €353,074 to €229,989
- Financial charges +€74,114
up €74,114 (+9,511%), from €779 to €74,893
- Taxes -€50,880
down €50,880 (-56.3%), from €90,443 to €39,563
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 | €1,356,348 | €3,998,206 | +€2.6m | +195% |
| Current assets | 29/58 | €1,356,348 | €3,998,206 | +€2.6m | +195% |
| Amounts receivable within one year | 40/41 | €50,245 | €40,642 | -€9,603 | -19.1% |
| Trade receivables | 40 | €46,565 | €30,205 | -€16,361 | -35.1% |
| Other amounts receivable | 41 | €3,679 | €10,437 | +€6,758 | +184% |
| Current investments | 50/53 | €1,009,386 | €3,104,798 | +€2.1m | +208% |
| Cash at bank and in hand | 54/58 | €289,694 | €848,952 | +€559,257 | +193% |
| Deferred charges and accrued income | 490/1 | €7,023 | €3,815 | -€3,209 | -45.7% |
| Total equity and liabilities | 10/49 | €1,356,348 | €3,998,206 | +€2.6m | +195% |
| Equity | 10/15 | €587,250 | €3,342,395 | +€2.8m | +469% |
| Contributions | 10/11 | €20,405 | €18,550 | -€1,855 | -9.1% |
| Reserves | 13 | €566,845 | €3,323,845 | +€2.8m | +486% |
| Distributable reserves | 133 | €566,845 | €3,323,845 | +€2.8m | +486% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €769,099 | €655,811 | -€113,288 | -14.7% |
| Amounts payable after more than one year | 17 | €500,626 | €624,774 | +€124,148 | +24.8% |
| Financial debts | 170/4 | €500,626 | €624,774 | +€124,148 | +24.8% |
| Amounts payable within one year | 42/48 | €268,472 | €31,037 | -€237,435 | -88.4% |
| Trade debts | 44 | €4,983 | €2,896 | -€2,087 | -41.9% |
| Suppliers | 440/4 | €4,983 | €2,896 | -€2,087 | -41.9% |
| Taxes, remuneration and social security | 45 | €38,015 | €13,973 | -€24,042 | -63.2% |
| Taxes | 450/3 | €38,015 | €13,973 | -€24,042 | -63.2% |
| Other amounts payable | 47/48 | €225,475 | €14,168 | -€211,307 | -93.7% |
| Other operating charges | 640/8 | €968 | €1,101 | +€134 | +13.8% |
| Gross operating margin | 9900 | €353,074 | €229,989 | -€123,085 | -34.9% |
| Operating profit (loss) | 9901 | €352,106 | €228,888 | -€123,218 | -35.0% |
| Financial income | 75/76B | €0 | €3,207,557 | +€3.2m | +16,037,787,200% |
| Recurring financial income | 75 | €0 | €3,207,557 | +€3.2m | +16,037,787,200% |
| Financial charges | 65/66B | €779 | €74,893 | +€74,114 | +9,511% |
| Recurring financial charges | 65 | €779 | €74,893 | +€74,114 | +9,511% |
| Profit (loss) for the period before taxes | 9903 | €351,327 | €3,361,552 | +€3.0m | +857% |
| Income taxes | 67/77 | €90,443 | €39,563 | -€50,880 | -56.3% |
| Profit (loss) for the period | 9904 | €260,884 | €3,321,990 | +€3.1m | +1,173% |
| Profit (loss) for the period to be appropriated | 9905 | €260,884 | €3,321,990 | +€3.1m | +1,173% |
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 20 October 2026 via checked.be.