TIEGEMBERG: 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.
TIEGEMBERG
Largest movements
- Receivables within one year -€2,199
down €2,199 (-58.1%), from €3,785 to €1,586
of which Trade receivables: -€2,454
- Tangible fixed assets -€1,058
down €1,058 (-24.0%), from €4,408 to €3,350
of which Furniture and vehicles: -€804
- Deferred charges and accrued income -€992
down €992 (-40.5%), from €2,446 to €1,454
- Profit (loss) carried forward -€10,371
down €10,371 (-57.4%), from -€18,059 to -€28,430
- Other debts +€4,866
up €4,866 (+139.4%), from €3,491 to €8,357
- Tax, wage and social debts +€1,406
up €1,406 (+143.7%), from €978 to €2,385
of which Remuneration and social security: +€1,500
- Gross operating margin -€18,224
down €18,224, from €11,226 to -€6,998
- Taxes -€620
down €620 (-71.1%), from €871 to €251
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 | €56,005 | €51,851 | -€4,154 | -7.4% |
| Fixed assets | 21/28 | €4,408 | €3,350 | -€1,058 | -24.0% |
| Tangible fixed assets | 22/27 | €4,408 | €3,350 | -€1,058 | -24.0% |
| Plant, machinery and equipment | 23 | €1,166 | €912 | -€254 | -21.8% |
| Furniture and vehicles | 24 | €3,242 | €2,439 | -€804 | -24.8% |
| Current assets | 29/58 | €51,597 | €48,501 | -€3,096 | -6.0% |
| Amounts receivable within one year | 40/41 | €3,785 | €1,586 | -€2,199 | -58.1% |
| Trade receivables | 40 | €3,785 | €1,331 | -€2,454 | -64.8% |
| Other amounts receivable | 41 | €0 | €255 | +€255 | |
| Cash at bank and in hand | 54/58 | €45,365 | €45,460 | +€95 | +0.2% |
| Deferred charges and accrued income | 490/1 | €2,446 | €1,454 | -€992 | -40.5% |
| Total equity and liabilities | 10/49 | €56,005 | €51,851 | -€4,154 | -7.4% |
| Equity | 10/15 | €51,106 | €40,735 | -€10,371 | -20.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,765 | €56,765 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,934 | €8,934 | = | 0.0% |
| Distributable reserves | 133 | €47,831 | €47,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,059 | -€28,430 | -€10,371 | -57.4% |
| Amounts payable | 17/49 | €4,900 | €11,116 | +€6,216 | +126.9% |
| Amounts payable within one year | 42/48 | €4,900 | €11,116 | +€6,216 | +126.9% |
| Trade debts | 44 | €431 | €375 | -€56 | -13.0% |
| Suppliers | 440/4 | €431 | €375 | -€56 | -13.0% |
| Taxes, remuneration and social security | 45 | €978 | €2,385 | +€1,406 | +143.7% |
| Taxes | 450/3 | €978 | €885 | -€94 | -9.6% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €3,491 | €8,357 | +€4,866 | +139.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989 | €1,058 | +€69 | +7.0% |
| Other operating charges | 640/8 | €1,478 | €1,435 | -€43 | -2.9% |
| Non-recurring operating charges | 66A | €954 | €0 | -€954 | -100.0% |
| Gross operating margin | 9900 | €11,226 | -€6,998 | -€18,224 | |
| Operating profit (loss) | 9901 | €7,805 | -€9,491 | -€17,297 | |
| Financial income | 75/76B | €22 | €22 | -€0 | -1.6% |
| Recurring financial income | 75 | €22 | €22 | -€0 | -1.6% |
| Financial charges | 65/66B | €657 | €650 | -€7 | -1.1% |
| Recurring financial charges | 65 | €657 | €650 | -€7 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €7,170 | -€10,119 | -€17,290 | |
| Income taxes | 67/77 | €871 | €251 | -€620 | -71.1% |
| Profit (loss) for the period | 9904 | €6,299 | -€10,371 | -€16,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,299 | -€10,371 | -€16,670 |
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 2 October 2026 via checked.be.