TIE INTERNATIONAL: what changed
What changed
TIE INTERNATIONAL
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€737,347
2024 · -€1.1m+€1.8m
Equity
€5.4m
2024 · -€11.8m+€17.2m
Cash
€62,336
2024 · €140,782-€78,447
Balance sheet total
€6.3m
2024 · €5.5m+€801,890
Largest movements
Assets
- Financial fixed assets +€865,437
up €865,437 (+16.2%), from €5.4m to €6.2m
of which Affiliated companies: +€865,437
- Cash -€78,447
down €78,447 (-55.7%), from €140,782 to €62,336
mainly Debts after one year (-€16.5m) and Investment in fixed assets (net) (-€865,437)
Equity and liabilities
- Contributions +€16.5m
up €16.5m (+55.8%), from €29.5m to €46.0m
- Debts after one year -€16.5m
down €16.5m (-100%), from €16.5m to €0
- Profit (loss) carried forward +€737,347
up €737,347 (+1.8%), from -€41.5m to -€40.8m
- Other debts +€200,089
up €200,089 (+31.0%), from €645,973 to €846,061
- Accrued charges and deferred income -€168,271
down €168,271 (-100%), from €168,271 to €0
Income statement
- Financial charges -€948,510
down €948,510 (-89.6%), from €1.1m to €109,991
of which Financial charges: -€659,777
- Financial income +€866,985
up €866,985, from €0 to €866,985
of which Non-recurring financial income: +€865,437
- Turnover +€83,381
up €83,381 (+40.5%), from €205,720 to €289,101
- Services and other goods +€80,577
up €80,577 (+35.2%), from €228,887 to €309,465
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1.1m
Turnover
+€83,381
Other operating income
-€2,313
Services and other goods
-€80,577
Other operating charges
+€126
Financial income
+€866,985
Financial charges
+€948,510
Taxes
+€489
Result 2025
€737,347
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€786,991
Investment
-€865,437
Financing
€0
Cash 2024
€140,782
From operations (derived)
+€786,991
Net result for the year
+€737,347
Smaller working-capital items
+€17,826
Other debts
+€200,089
Accrued charges and deferred income
-€168,271
Investment (derived)
-€865,437
Investment in fixed assets (net)
-€865,437
Financing
€0
Debts after one year
-€16.5m
Contributions, distributions and other
+€16.5m
Cash 2025
€62,336
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,530,687 | €6,332,577 | +€801,890 | +14.5% |
| Fixed assets | 21/28 | €5,353,861 | €6,219,299 | +€865,437 | +16.2% |
| Financial fixed assets | 28 | €5,353,861 | €6,219,299 | +€865,437 | +16.2% |
| Affiliated companies | 280/1 | €5,349,211 | €6,214,649 | +€865,437 | +16.2% |
| Participating interests | 280 | €5,349,211 | €6,214,649 | +€865,437 | +16.2% |
| Other financial fixed assets | 284/8 | €4,650 | €4,650 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,650 | €4,650 | = | 0.0% |
| Current assets | 29/58 | €176,825 | €113,278 | -€63,548 | -35.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €33,688 | €48,587 | +€14,899 | +44.2% |
| Trade receivables | 40 | €31,431 | €48,480 | +€17,050 | +54.2% |
| Other amounts receivable | 41 | €2,258 | €107 | -€2,151 | -95.3% |
| Cash at bank and in hand | 54/58 | €140,782 | €62,336 | -€78,447 | -55.7% |
| Deferred charges and accrued income | 490/1 | €2,355 | €2,355 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,530,687 | €6,332,577 | +€801,890 | +14.5% |
| Equity | 10/15 | -€11,800,137 | €5,387,210 | +€17.2m | |
| Contributions | 10/11 | €29,500,000 | €45,950,000 | +€16.5m | +55.8% |
| Capital | 10 | €29,500,000 | €45,950,000 | +€16.5m | +55.8% |
| Issued capital | 100 | €29,500,000 | €45,950,000 | +€16.5m | +55.8% |
| Reserves | 13 | €225,650 | €225,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €225,650 | €225,650 | = | 0.0% |
| Legal reserve | 130 | €225,650 | €225,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,525,787 | -€40,788,440 | +€737,347 | +1.8% |
| Amounts payable | 17/49 | €17,330,824 | €945,366 | -€16.4m | -94.5% |
| Amounts payable after more than one year | 17 | €16,450,000 | €0 | -€16.5m | -100% |
| Financial debts | 170/4 | €16,450,000 | €0 | -€16.5m | -100% |
| Other loans | 174 | €16,450,000 | €0 | -€16.5m | -100% |
| Amounts payable within one year | 42/48 | €712,552 | €945,366 | +€232,814 | +32.7% |
| Trade debts | 44 | €56,341 | €62,795 | +€6,454 | +11.5% |
| Suppliers | 440/4 | €56,341 | €62,795 | +€6,454 | +11.5% |
| Taxes, remuneration and social security | 45 | €10,239 | €36,510 | +€26,271 | +257% |
| Taxes | 450/3 | €5,322 | €36,510 | +€31,188 | +586% |
| Remuneration and social security | 454/9 | €4,917 | €0 | -€4,917 | -100% |
| Other amounts payable | 47/48 | €645,973 | €846,061 | +€200,089 | +31.0% |
| Accrued charges and deferred income | 492/3 | €168,271 | €0 | -€168,271 | -100% |
| Operating income | 70/76A | €210,010 | €291,077 | +€81,068 | +38.6% |
| Turnover | 70 | €205,720 | €289,101 | +€83,381 | +40.5% |
| Other operating income | 74 | €4,290 | €1,976 | -€2,313 | -53.9% |
| Operating charges | 60/66A | €230,149 | €310,600 | +€80,451 | +35.0% |
| Services and other goods | 61 | €228,887 | €309,465 | +€80,577 | +35.2% |
| Other operating charges | 640/8 | €1,262 | €1,136 | -€126 | -10.0% |
| Operating profit (loss) | 9901 | -€20,140 | -€19,523 | +€616 | +3.1% |
| Financial income | 75/76B | €0 | €866,985 | +€866,985 | |
| Recurring financial income | 75 | €0 | €1,548 | +€1,548 | |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | - | €1,548 | +€1,548 | |
| Non-recurring financial income | 76B | - | €865,437 | +€865,437 | |
| Financial charges | 65/66B | €1,058,500 | €109,991 | -€948,510 | -89.6% |
| Recurring financial charges | 65 | €769,768 | €109,991 | -€659,777 | -85.7% |
| Debt charges | 650 | €768,660 | €109,014 | -€659,646 | -85.8% |
| Other financial charges | 652/9 | €1,108 | €976 | -€131 | -11.9% |
| Non-recurring financial charges | 66B | €288,732 | €0 | -€288,732 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€1,078,640 | €737,471 | +€1.8m | |
| Income taxes | 67/77 | €613 | €124 | -€489 | -79.7% |
| Taxes | 670/3 | €613 | €250 | -€363 | -59.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €126 | +€126 | |
| Profit (loss) for the period | 9904 | -€1,079,253 | €737,347 | +€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,079,253 | €737,347 | +€1.8m |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.