TIEGO CONSULTING: 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.
TIEGO CONSULTING
Largest movements
- Tangible fixed assets +€25,348
up €25,348 (+108%), from €23,426 to €48,773
of which Other tangible fixed assets: +€25,501
- Receivables within one year -€2,555
down €2,555 (-5.0%), from €51,421 to €48,867
of which Other amounts receivable: -€9,355
- Profit (loss) carried forward +€18,100
up €18,100 (+40.6%), from €44,633 to €62,733
- Trade debts +€7,266
up €7,266 (+403%), from €1,804 to €9,070
- Debts after one year -€2,552
down €2,552 (-23.4%), from €10,922 to €8,370
- Current portion of long-term debt +€2,015
up €2,015 (+16.6%), from €12,107 to €14,122
- Accrued charges and deferred income -€1,525
down €1,525 (-76.7%), from €1,987 to €462
- Gross operating margin -€30,896
down €30,896 (-45.0%), from €68,584 to €37,688
- Taxes -€9,662
down €9,662 (-59.3%), from €16,292 to €6,630
- Depreciation +€2,698
up €2,698 (+26.9%), from €10,035 to €12,733
- Financial charges +€1,340
up €1,340 (+109%), from €1,233 to €2,573
- Financial income -€1,147
down €1,147 (-31.8%), from €3,608 to €2,461
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 | €80,020 | €103,359 | +€23,338 | +29.2% |
| Fixed assets | 21/28 | €23,426 | €48,773 | +€25,348 | +108% |
| Tangible fixed assets | 22/27 | €23,426 | €48,773 | +€25,348 | +108% |
| Furniture and vehicles | 24 | €21,496 | €21,343 | -€153 | -0.7% |
| Other tangible fixed assets | 26 | €1,929 | €27,430 | +€25,501 | +1,322% |
| Current assets | 29/58 | €56,595 | €54,585 | -€2,010 | -3.6% |
| Amounts receivable within one year | 40/41 | €51,421 | €48,867 | -€2,555 | -5.0% |
| Trade receivables | 40 | €1,632 | €8,432 | +€6,800 | +417% |
| Other amounts receivable | 41 | €49,790 | €40,435 | -€9,355 | -18.8% |
| Cash at bank and in hand | 54/58 | €4,525 | €5,338 | +€813 | +18.0% |
| Deferred charges and accrued income | 490/1 | €649 | €380 | -€268 | -41.3% |
| Total equity and liabilities | 10/49 | €80,020 | €103,359 | +€23,338 | +29.2% |
| Equity | 10/15 | €45,633 | €63,733 | +€18,100 | +39.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,633 | €62,733 | +€18,100 | +40.6% |
| Amounts payable | 17/49 | €34,388 | €39,626 | +€5,238 | +15.2% |
| Amounts payable after more than one year | 17 | €10,922 | €8,370 | -€2,552 | -23.4% |
| Financial debts | 170/4 | €10,922 | €8,370 | -€2,552 | -23.4% |
| Amounts payable within one year | 42/48 | €21,479 | €30,794 | +€9,315 | +43.4% |
| Current portion of amounts payable after more than one year | 42 | €12,107 | €14,122 | +€2,015 | +16.6% |
| Trade debts | 44 | €1,804 | €9,070 | +€7,266 | +403% |
| Suppliers | 440/4 | €1,804 | €9,070 | +€7,266 | +403% |
| Taxes, remuneration and social security | 45 | €7,567 | €7,601 | +€34 | +0.5% |
| Taxes | 450/3 | €7,567 | €7,601 | +€34 | +0.5% |
| Accrued charges and deferred income | 492/3 | €1,987 | €462 | -€1,525 | -76.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,035 | €12,733 | +€2,698 | +26.9% |
| Other operating charges | 640/8 | - | €113 | +€113 | |
| Gross operating margin | 9900 | €68,584 | €37,688 | -€30,896 | -45.0% |
| Operating profit (loss) | 9901 | €58,550 | €24,842 | -€33,707 | -57.6% |
| Financial income | 75/76B | €3,608 | €2,461 | -€1,147 | -31.8% |
| Recurring financial income | 75 | €3,608 | €2,461 | -€1,147 | -31.8% |
| Financial charges | 65/66B | €1,233 | €2,573 | +€1,340 | +109% |
| Recurring financial charges | 65 | €1,233 | €2,573 | +€1,340 | +109% |
| Profit (loss) for the period before taxes | 9903 | €60,925 | €24,730 | -€36,194 | -59.4% |
| Income taxes | 67/77 | €16,292 | €6,630 | -€9,662 | -59.3% |
| Profit (loss) for the period | 9904 | €44,633 | €18,100 | -€26,533 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,633 | €18,100 | -€26,533 | -59.4% |
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.