TIEBERCO: 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.
TIEBERCO
Largest movements
- Cash -€12,227
down €12,227 (-4.3%), from €287,173 to €274,945
mainly Other debts (-€21,007) and Stocks and contracts (-€3,070)
- Receivables within one year -€3,804
down €3,804 (-12.6%), from €30,251 to €26,447
of which Trade receivables: -€4,194
- Other debts -€21,007
down €21,007 (-10.7%), from €197,185 to €176,179
- Depreciation -€4,138
no longer reported in 2025 (was €4,138)
- Gross operating margin -€4,086
down €4,086 (-67.3%), from €6,067 to €1,982
- Financial income +€1,954
up €1,954 (+114%), from €1,710 to €3,664
- Taxes +€690
up €690 (+249%), from €277 to €967
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 | €369,814 | €356,852 | -€12,961 | -3.5% |
| Fixed assets | 21/28 | €27 | €27 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €27 | €27 | = | 0.0% |
| Current assets | 29/58 | €369,787 | €356,825 | -€12,961 | -3.5% |
| Stocks and contracts in progress | 3 | €52,363 | €55,433 | +€3,070 | +5.9% |
| Stocks | 30/36 | €52,363 | €55,433 | +€3,070 | +5.9% |
| Amounts receivable within one year | 40/41 | €30,251 | €26,447 | -€3,804 | -12.6% |
| Trade receivables | 40 | €30,251 | €26,058 | -€4,194 | -13.9% |
| Other amounts receivable | 41 | - | €390 | +€390 | |
| Cash at bank and in hand | 54/58 | €287,173 | €274,945 | -€12,227 | -4.3% |
| Total equity and liabilities | 10/49 | €369,814 | €356,852 | -€12,961 | -3.5% |
| Equity | 10/15 | €169,832 | €173,089 | +€3,257 | +1.9% |
| Contributions | 10/11 | €27,260 | €27,260 | = | 0.0% |
| Reserves | 13 | €133,787 | €133,787 | = | 0.0% |
| Distributable reserves | 133 | €133,787 | €133,787 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,785 | €12,042 | +€3,257 | +37.1% |
| Amounts payable | 17/49 | €199,982 | €183,763 | -€16,219 | -8.1% |
| Amounts payable within one year | 42/48 | €199,982 | €181,686 | -€18,296 | -9.1% |
| Trade debts | 44 | €1,823 | €5,507 | +€3,684 | +202% |
| Suppliers | 440/4 | €1,823 | €5,507 | +€3,684 | +202% |
| Taxes, remuneration and social security | 45 | €974 | - | -€974 | |
| Taxes | 450/3 | €974 | - | -€974 | |
| Other amounts payable | 47/48 | €197,185 | €176,179 | -€21,007 | -10.7% |
| Accrued charges and deferred income | 492/3 | - | €2,077 | +€2,077 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,138 | - | -€4,138 | |
| Other operating charges | 640/8 | €1,052 | €1,011 | -€42 | -4.0% |
| Gross operating margin | 9900 | €6,067 | €1,982 | -€4,086 | -67.3% |
| Operating profit (loss) | 9901 | €878 | €971 | +€94 | +10.7% |
| Financial income | 75/76B | €1,710 | €3,664 | +€1,954 | +114% |
| Recurring financial income | 75 | €1,710 | €3,664 | +€1,954 | +114% |
| Financial charges | 65/66B | €412 | €411 | -€0 | -0.1% |
| Recurring financial charges | 65 | €412 | €411 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €2,176 | €4,224 | +€2,048 | +94.1% |
| Income taxes | 67/77 | €277 | €967 | +€690 | +249% |
| Profit (loss) for the period | 9904 | €1,899 | €3,257 | +€1,358 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,899 | €3,257 | +€1,358 | +71.5% |
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 21 October 2026 via checked.be.