Tibollo Consultancy: 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.
Tibollo Consultancy
Largest movements
- Receivables within one year -€38,854
down €38,854 (-54.3%), from €71,552 to €32,699
of which Other amounts receivable: -€42,193
- Cash -€19,565
down €19,565 (-48.8%), from €40,105 to €20,540
mainly Contributions, distributions and other (-€94,778) and Investment in fixed assets (net) (-€5,510)
- Tangible fixed assets +€2,187
up €2,187 (+36.1%), from €6,055 to €8,242
of which Plant, machinery and equipment: +€3,885
- Deferred charges and accrued income -€1,468
down €1,468 (-72.1%), from €2,038 to €570
- Reserves -€55,642
down €55,642 (-59.0%), from €94,278 to €38,636
- Trade debts -€4,439
down €4,439 (-56.8%), from €7,808 to €3,369
- Tax, wage and social debts +€1,881
up €1,881 (+12.4%), from €15,163 to €17,044
- Gross operating margin +€17,818
up €17,818 (+46.3%), from €38,464 to €56,281
- Taxes +€3,571
up €3,571 (+42.4%), from €8,429 to €12,000
- Financial income -€1,116
down €1,116 (-32.0%), from €3,487 to €2,371
- Financial charges -€598
down €598 (-22.8%), from €2,619 to €2,020
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 | €119,750 | €62,050 | -€57,700 | -48.2% |
| Fixed assets | 21/28 | €6,055 | €8,242 | +€2,187 | +36.1% |
| Tangible fixed assets | 22/27 | €6,055 | €8,242 | +€2,187 | +36.1% |
| Plant, machinery and equipment | 23 | €1,182 | €5,067 | +€3,885 | +328.7% |
| Furniture and vehicles | 24 | €4,873 | €3,175 | -€1,698 | -34.8% |
| Current assets | 29/58 | €113,695 | €53,808 | -€59,887 | -52.7% |
| Amounts receivable within one year | 40/41 | €71,552 | €32,699 | -€38,854 | -54.3% |
| Trade receivables | 40 | €5,808 | €9,148 | +€3,340 | +57.5% |
| Other amounts receivable | 41 | €65,744 | €23,551 | -€42,193 | -64.2% |
| Cash at bank and in hand | 54/58 | €40,105 | €20,540 | -€19,565 | -48.8% |
| Deferred charges and accrued income | 490/1 | €2,038 | €570 | -€1,468 | -72.1% |
| Total equity and liabilities | 10/49 | €119,750 | €62,050 | -€57,700 | -48.2% |
| Equity | 10/15 | €96,778 | €41,136 | -€55,642 | -57.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €94,278 | €38,636 | -€55,642 | -59.0% |
| Distributable reserves | 133 | €94,278 | €38,636 | -€55,642 | -59.0% |
| Amounts payable | 17/49 | €22,972 | €20,914 | -€2,058 | -9.0% |
| Amounts payable within one year | 42/48 | €22,972 | €20,914 | -€2,058 | -9.0% |
| Trade debts | 44 | €7,808 | €3,369 | -€4,439 | -56.8% |
| Suppliers | 440/4 | €7,808 | €3,369 | -€4,439 | -56.8% |
| Taxes, remuneration and social security | 45 | €15,163 | €17,044 | +€1,881 | +12.4% |
| Taxes | 450/3 | €15,163 | €17,044 | +€1,881 | +12.4% |
| Other amounts payable | 47/48 | - | €500 | +€500 | |
| Non-recurring operating income | 76A | €1,261 | - | -€1,261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,173 | €3,323 | +€151 | +4.8% |
| Other operating charges | 640/8 | €640 | €990 | +€350 | +54.7% |
| Non-recurring operating charges | 66A | - | €1,182 | +€1,182 | |
| Gross operating margin | 9900 | €38,464 | €56,281 | +€17,818 | +46.3% |
| Operating profit (loss) | 9901 | €34,651 | €50,785 | +€16,135 | +46.6% |
| Financial income | 75/76B | €3,487 | €2,371 | -€1,116 | -32.0% |
| Recurring financial income | 75 | €3,487 | €2,371 | -€1,116 | -32.0% |
| Financial charges | 65/66B | €2,619 | €2,020 | -€598 | -22.8% |
| Recurring financial charges | 65 | €2,619 | €2,020 | -€598 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €35,519 | €51,136 | +€15,617 | +44.0% |
| Income taxes | 67/77 | €8,429 | €12,000 | +€3,571 | +42.4% |
| Profit (loss) for the period | 9904 | €27,091 | €39,136 | +€12,045 | +44.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,091 | €39,136 | +€12,045 | +44.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.