TIBISE: 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.
TIBISE
Largest movements
- Cash +€19,356
up €19,356 (+400%), from €4,842 to €24,198
mainly Depreciation (+€14,382) and Net result for the year (+€11,911)
- Tangible fixed assets -€12,262
down €12,262 (-23.9%), from €51,280 to €39,018
- Receivables within one year -€3,748
down €3,748 (-13.3%), from €28,284 to €24,536
of which Trade receivables: -€3,806
- Reserves +€9,211
up €9,211 (+20.7%), from €44,607 to €53,819
of which Distributable reserves: +€9,211
- Current portion of long-term debt -€7,621
down €7,621 (-74.1%), from €10,285 to €2,665
- Tax, wage and social debts +€2,790
up €2,790 (+32.0%), from €8,707 to €11,497
- Debts after one year -€2,665
down €2,665 (-100%), from €2,665 to €0
- Other debts +€1,716
up €1,716 (+41.5%), from €4,136 to €5,852
- Gross operating margin +€10,213
up €10,213 (+43.6%), from €23,433 to €33,646
- Taxes +€3,170
up €3,170 (+111%), from €2,868 to €6,038
- Financial charges -€382
down €382 (-35.6%), from €1,073 to €691
- Financial income +€365
new in 2025: €365
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 | €86,486 | €89,913 | +€3,426 | +4.0% |
| Fixed assets | 21/28 | €51,280 | €39,018 | -€12,262 | -23.9% |
| Tangible fixed assets | 22/27 | €51,280 | €39,018 | -€12,262 | -23.9% |
| Furniture and vehicles | 24 | €51,280 | €39,018 | -€12,262 | -23.9% |
| Current assets | 29/58 | €35,207 | €50,895 | +€15,688 | +44.6% |
| Amounts receivable within one year | 40/41 | €28,284 | €24,536 | -€3,748 | -13.3% |
| Trade receivables | 40 | €26,000 | €22,195 | -€3,806 | -14.6% |
| Other amounts receivable | 41 | €2,284 | €2,342 | +€58 | +2.5% |
| Cash at bank and in hand | 54/58 | €4,842 | €24,198 | +€19,356 | +400% |
| Deferred charges and accrued income | 490/1 | €2,080 | €2,161 | +€81 | +3.9% |
| Total equity and liabilities | 10/49 | €86,486 | €89,913 | +€3,426 | +4.0% |
| Equity | 10/15 | €57,007 | €66,219 | +€9,211 | +16.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €44,607 | €53,819 | +€9,211 | +20.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,747 | €51,959 | +€9,211 | +21.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,479 | €23,694 | -€5,785 | -19.6% |
| Amounts payable after more than one year | 17 | €2,665 | €0 | -€2,665 | -100% |
| Financial debts | 170/4 | €2,665 | €0 | -€2,665 | -100% |
| Amounts payable within one year | 42/48 | €25,205 | €22,955 | -€2,250 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €10,285 | €2,665 | -€7,621 | -74.1% |
| Financial debts | 43 | €360 | €0 | -€360 | -100% |
| Other loans | 439 | €360 | €0 | -€360 | -100% |
| Trade debts | 44 | €1,716 | €2,941 | +€1,225 | +71.4% |
| Suppliers | 440/4 | €1,716 | €2,941 | +€1,225 | +71.4% |
| Taxes, remuneration and social security | 45 | €8,707 | €11,497 | +€2,790 | +32.0% |
| Taxes | 450/3 | €8,707 | €11,497 | +€2,790 | +32.0% |
| Other amounts payable | 47/48 | €4,136 | €5,852 | +€1,716 | +41.5% |
| Accrued charges and deferred income | 492/3 | €1,610 | €739 | -€871 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,282 | €14,382 | +€100 | +0.7% |
| Other operating charges | 640/8 | €871 | €989 | +€118 | +13.6% |
| Gross operating margin | 9900 | €23,433 | €33,646 | +€10,213 | +43.6% |
| Operating profit (loss) | 9901 | €8,281 | €18,276 | +€9,995 | +121% |
| Financial income | 75/76B | - | €365 | +€365 | |
| Recurring financial income | 75 | - | €365 | +€365 | |
| Financial charges | 65/66B | €1,073 | €691 | -€382 | -35.6% |
| Recurring financial charges | 65 | €1,073 | €691 | -€382 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €7,208 | €17,950 | +€10,742 | +149% |
| Income taxes | 67/77 | €2,868 | €6,038 | +€3,170 | +111% |
| Profit (loss) for the period | 9904 | €4,339 | €11,911 | +€7,572 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €4,339 | €11,911 | +€7,572 | +174% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.