TIEGHEMBOS: 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.
TIEGHEMBOS
Largest movements
- Cash +€21,705
up €21,705 (+241.2%), from €8,999 to €30,704
mainly Debts after one year (+€50,000) and Trade debts (+€12,210)
- Tangible fixed assets +€13,415
up €13,415 (+104.6%), from €12,827 to €26,241
of which Plant, machinery and equipment: +€12,977
- Receivables within one year +€8,048
up €8,048 (+93.9%), from €8,575 to €16,624
of which Other amounts receivable: +€5,474
- Stocks and contracts +€2,077
new in 2024: €2,077
- Debts after one year +€50,000
new in 2024: €50,000
- Profit (loss) carried forward -€15,476
new in 2024: -€15,476
- Trade debts +€12,210
up €12,210 (+345.1%), from €3,538 to €15,747
- Other debts -€1,517
down €1,517 (-21.6%), from €7,011 to €5,495
- Gross operating margin -€26,544
down €26,544 (-99.7%), from €26,616 to €72
- Other operating charges +€3,367
up €3,367 (+62.1%), from €5,423 to €8,790
- Taxes -€3,028
down €3,028 (-100.0%), from €3,028 to €0
- Financial charges +€927
up €927 (+746.5%), from €124 to €1,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,934 | €76,246 | +€45,312 | +146.5% |
| Fixed assets | 21/28 | €12,827 | €26,241 | +€13,415 | +104.6% |
| Tangible fixed assets | 22/27 | €12,827 | €26,241 | +€13,415 | +104.6% |
| Plant, machinery and equipment | 23 | €12,827 | €25,803 | +€12,977 | +101.2% |
| Furniture and vehicles | 24 | - | €438 | +€438 | |
| Current assets | 29/58 | €18,107 | €50,005 | +€31,897 | +176.2% |
| Stocks and contracts in progress | 3 | - | €2,077 | +€2,077 | |
| Stocks | 30/36 | - | €2,077 | +€2,077 | |
| Amounts receivable within one year | 40/41 | €8,575 | €16,624 | +€8,048 | +93.9% |
| Trade receivables | 40 | - | €2,574 | +€2,574 | |
| Other amounts receivable | 41 | €8,575 | €14,049 | +€5,474 | +63.8% |
| Cash at bank and in hand | 54/58 | €8,999 | €30,704 | +€21,705 | +241.2% |
| Deferred charges and accrued income | 490/1 | €533 | €600 | +€67 | +12.6% |
| Total equity and liabilities | 10/49 | €30,934 | €76,246 | +€45,312 | +146.5% |
| Equity | 10/15 | €17,356 | €1,880 | -€15,476 | -89.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,356 | €12,356 | = | 0.0% |
| Distributable reserves | 133 | €12,356 | €12,356 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,476 | -€15,476 | |
| Amounts payable | 17/49 | €13,578 | €74,365 | +€60,788 | +447.7% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €13,578 | €24,270 | +€10,693 | +78.8% |
| Trade debts | 44 | €3,538 | €15,747 | +€12,210 | +345.1% |
| Suppliers | 440/4 | €3,538 | €15,747 | +€12,210 | +345.1% |
| Taxes, remuneration and social security | 45 | €3,028 | €3,028 | = | 0.0% |
| Taxes | 450/3 | €3,028 | €3,028 | = | 0.0% |
| Other amounts payable | 47/48 | €7,011 | €5,495 | -€1,517 | -21.6% |
| Accrued charges and deferred income | 492/3 | - | €95 | +€95 | |
| Remuneration, social security and pensions | 62 | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,889 | €5,759 | -€130 | -2.2% |
| Other operating charges | 640/8 | €5,423 | €8,790 | +€3,367 | +62.1% |
| Gross operating margin | 9900 | €26,616 | €72 | -€26,544 | -99.7% |
| Operating profit (loss) | 9901 | €15,304 | -€14,551 | -€29,855 | |
| Financial income | 75/76B | €205 | €126 | -€79 | -38.5% |
| Recurring financial income | 75 | €205 | €126 | -€79 | -38.5% |
| Financial charges | 65/66B | €124 | €1,051 | +€927 | +746.5% |
| Recurring financial charges | 65 | €124 | €1,051 | +€927 | +746.5% |
| Profit (loss) for the period before taxes | 9903 | €15,385 | -€15,476 | -€30,861 | |
| Income taxes | 67/77 | €3,028 | €0 | -€3,028 | -100.0% |
| Profit (loss) for the period | 9904 | €12,356 | -€15,476 | -€27,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,356 | -€15,476 | -€27,832 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.