TIBIT: 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.
TIBIT
Largest movements
- Receivables within one year -€9,810
down €9,810 (-76.9%), from €12,750 to €2,940
of which Trade receivables: -€5,255
- Cash -€6,176
down €6,176 (-6.9%), from €89,393 to €83,217
mainly Contributions, distributions and other (-€81,496)
- Tangible fixed assets -€4,998
down €4,998 (-54.6%), from €9,157 to €4,159
- Reserves -€52,249
down €52,249 (-51.1%), from €102,194 to €49,945
- Other debts +€19,109
up €19,109 (+1,147%), from €1,666 to €20,775
- Tax, wage and social debts +€11,026
up €11,026 (+168%), from €6,565 to €17,590
- Financial charges -€1,527
down €1,527 (-22.4%), from €6,814 to €5,286
- Gross operating margin +€977
up €977 (+1.9%), from €52,225 to €53,201
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 | €111,877 | €90,599 | -€21,278 | -19.0% |
| Fixed assets | 21/28 | €9,157 | €4,159 | -€4,998 | -54.6% |
| Tangible fixed assets | 22/27 | €9,157 | €4,159 | -€4,998 | -54.6% |
| Furniture and vehicles | 24 | €9,157 | €4,159 | -€4,998 | -54.6% |
| Current assets | 29/58 | €102,720 | €86,440 | -€16,281 | -15.8% |
| Amounts receivable within one year | 40/41 | €12,750 | €2,940 | -€9,810 | -76.9% |
| Trade receivables | 40 | €7,942 | €2,687 | -€5,255 | -66.2% |
| Other amounts receivable | 41 | €4,809 | €253 | -€4,555 | -94.7% |
| Cash at bank and in hand | 54/58 | €89,393 | €83,217 | -€6,176 | -6.9% |
| Deferred charges and accrued income | 490/1 | €577 | €283 | -€294 | -51.0% |
| Total equity and liabilities | 10/49 | €111,877 | €90,599 | -€21,278 | -19.0% |
| Equity | 10/15 | €102,694 | €50,445 | -€52,249 | -50.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €102,194 | €49,945 | -€52,249 | -51.1% |
| Distributable reserves | 133 | €102,194 | €49,945 | -€52,249 | -51.1% |
| Amounts payable | 17/49 | €9,183 | €40,154 | +€30,971 | +337% |
| Amounts payable within one year | 42/48 | €9,183 | €40,154 | +€30,971 | +337% |
| Trade debts | 44 | €953 | €1,789 | +€836 | +87.8% |
| Suppliers | 440/4 | €953 | €1,789 | +€836 | +87.8% |
| Taxes, remuneration and social security | 45 | €6,565 | €17,590 | +€11,026 | +168% |
| Taxes | 450/3 | €6,565 | €17,590 | +€11,026 | +168% |
| Other amounts payable | 47/48 | €1,666 | €20,775 | +€19,109 | +1,147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,456 | €4,998 | -€458 | -8.4% |
| Other operating charges | 640/8 | €917 | €1,253 | +€336 | +36.6% |
| Non-recurring operating charges | 66A | €1,443 | - | -€1,443 | |
| Gross operating margin | 9900 | €52,225 | €53,201 | +€977 | +1.9% |
| Operating profit (loss) | 9901 | €44,409 | €46,951 | +€2,542 | +5.7% |
| Financial income | 75/76B | €3 | €6 | +€3 | +113% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +113% |
| Financial charges | 65/66B | €6,814 | €5,286 | -€1,527 | -22.4% |
| Recurring financial charges | 65 | €6,814 | €5,286 | -€1,527 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €37,597 | €41,670 | +€4,072 | +10.8% |
| Income taxes | 67/77 | €12,650 | €12,423 | -€227 | -1.8% |
| Profit (loss) for the period | 9904 | €24,948 | €29,247 | +€4,299 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,948 | €29,247 | +€4,299 | +17.2% |
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 25 October 2026 via checked.be.