TIBO: 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.
TIBO
Largest movements
- Cash -€1,817
down €1,817 (-19.7%), from €9,238 to €7,421
mainly Net result for the year (-€16,522) and Investment in fixed assets (net) (-€6,755)
- Tangible fixed assets -€363
down €363 (-1.5%), from €24,748 to €24,385
of which Land and buildings: -€4,917
- Profit (loss) carried forward -€16,522
down €16,522 (-18.8%), from -€87,801 to -€104,323
- Other debts +€14,342
up €14,342 (+23.8%), from €60,287 to €74,629
- Gross operating margin -€25,678
down €25,678, from €17,578 to -€8,100
- Depreciation -€583
down €583 (-7.6%), from €7,701 to €7,118
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 | €33,986 | €31,806 | -€2,180 | -6.4% |
| Fixed assets | 21/28 | €24,748 | €24,385 | -€363 | -1.5% |
| Tangible fixed assets | 22/27 | €24,748 | €24,385 | -€363 | -1.5% |
| Land and buildings | 22 | €24,748 | €19,831 | -€4,917 | -19.9% |
| Furniture and vehicles | 24 | - | €4,554 | +€4,554 | |
| Current assets | 29/58 | €9,238 | €7,421 | -€1,817 | -19.7% |
| Cash at bank and in hand | 54/58 | €9,238 | €7,421 | -€1,817 | -19.7% |
| Total equity and liabilities | 10/49 | €33,986 | €31,806 | -€2,180 | -6.4% |
| Equity | 10/15 | -€26,301 | -€42,823 | -€16,522 | -62.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | - | €61,500 | +€61,500 | |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Profit (loss) carried forward | 14 | -€87,801 | -€104,323 | -€16,522 | -18.8% |
| Amounts payable | 17/49 | €60,287 | €74,629 | +€14,342 | +23.8% |
| Amounts payable within one year | 42/48 | €60,287 | €74,629 | +€14,342 | +23.8% |
| Other amounts payable | 47/48 | €60,287 | €74,629 | +€14,342 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,701 | €7,118 | -€583 | -7.6% |
| Other operating charges | 640/8 | €1,217 | €1,240 | +€23 | +1.9% |
| Gross operating margin | 9900 | €17,578 | -€8,100 | -€25,678 | |
| Operating profit (loss) | 9901 | €8,660 | -€16,458 | -€25,118 | |
| Financial charges | 65/66B | €64 | €64 | = | 0.0% |
| Recurring financial charges | 65 | €64 | €64 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,596 | -€16,522 | -€25,118 | |
| Profit (loss) for the period | 9904 | €8,596 | -€16,522 | -€25,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,596 | -€16,522 | -€25,118 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.