TIBO GROUP: 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.
TIBO GROUP
Largest movements
- Receivables within one year -€4,232
down €4,232 (-22.7%), from €18,643 to €14,411
- Profit (loss) carried forward -€5,070
down €5,070 (-44.8%), from -€11,321 to -€16,391
- Short-term financial debts +€1,510
up €1,510 (+15.4%), from €9,820 to €11,330
- Trade debts -€708
down €708 (-31.5%), from €2,250 to €1,542
- Gross operating margin -€12,276
down €12,276, from €8,521 to -€3,754
- Financial charges +€494
up €494 (+40.3%), from €1,225 to €1,720
- Taxes -€330
no longer reported in 2025 (was €330)
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 | €19,679 | €15,411 | -€4,268 | -21.7% |
| Current assets | 29/58 | €19,679 | €15,411 | -€4,268 | -21.7% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,643 | €14,411 | -€4,232 | -22.7% |
| Other amounts receivable | 41 | €18,643 | €14,411 | -€4,232 | -22.7% |
| Cash at bank and in hand | 54/58 | €36 | - | -€36 | |
| Total equity and liabilities | 10/49 | €19,679 | €15,411 | -€4,268 | -21.7% |
| Equity | 10/15 | €7,279 | €2,209 | -€5,070 | -69.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,321 | -€16,391 | -€5,070 | -44.8% |
| Amounts payable | 17/49 | €12,400 | €13,202 | +€802 | +6.5% |
| Amounts payable within one year | 42/48 | €12,400 | €13,202 | +€802 | +6.5% |
| Financial debts | 43 | €9,820 | €11,330 | +€1,510 | +15.4% |
| Credit institutions | 430/8 | €9,820 | €11,330 | +€1,510 | +15.4% |
| Trade debts | 44 | €2,250 | €1,542 | -€708 | -31.5% |
| Suppliers | 440/4 | €2,250 | €1,542 | -€708 | -31.5% |
| Taxes, remuneration and social security | 45 | €330 | €330 | = | 0.0% |
| Taxes | 450/3 | €330 | €330 | = | 0.0% |
| Other operating charges | 640/8 | €566 | €507 | -€58 | -10.3% |
| Gross operating margin | 9900 | €8,521 | -€3,754 | -€12,276 | |
| Operating profit (loss) | 9901 | €7,956 | -€4,262 | -€12,217 | |
| Financial income | 75/76B | €860 | €912 | +€51 | +6.0% |
| Recurring financial income | 75 | €860 | €912 | +€51 | +6.0% |
| Financial charges | 65/66B | €1,225 | €1,720 | +€494 | +40.3% |
| Recurring financial charges | 65 | €1,225 | €1,720 | +€494 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €7,591 | -€5,070 | -€12,660 | |
| Income taxes | 67/77 | €330 | - | -€330 | |
| Profit (loss) for the period | 9904 | €7,261 | -€5,070 | -€12,330 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,261 | -€5,070 | -€12,330 |
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 22 October 2026 via checked.be.