Tienne & Co: 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.
Tienne & Co
Largest movements
- Cash -€28,163
down €28,163 (-93.1%), from €30,242 to €2,079
mainly Accrued charges and deferred income (-€14,500) and Debts after one year (-€14,377)
- Intangible fixed assets -€12,500
down €12,500 (-20.0%), from €62,500 to €50,000
- Receivables within one year +€6,668
up €6,668 (+308.7%), from €2,160 to €8,828
of which Trade receivables: +€7,721
- Accrued charges and deferred income -€14,500
no longer reported in 2025 (was €14,500)
- Debts after one year -€14,377
down €14,377 (-28.1%), from €51,180 to €36,803
- Advances received -€10,639
no longer reported in 2025 (was €10,639)
- Other debts +€6,908
up €6,908 (+144.7%), from €4,775 to €11,683
- Profit (loss) carried forward -€5,586
down €5,586 (-287.8%), from -€1,941 to -€7,527
- Gross operating margin -€7,061
down €7,061 (-39.8%), from €17,731 to €10,670
- Taxes +€2,014
up €2,014, from -€1,154 to €860
- Depreciation +€193
up €193 (+1.5%), from €13,044 to €13,237
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 | €97,858 | €63,127 | -€34,731 | -35.5% |
| Fixed assets | 21/28 | €65,456 | €52,219 | -€13,237 | -20.2% |
| Intangible fixed assets | 21 | €62,500 | €50,000 | -€12,500 | -20.0% |
| Tangible fixed assets | 22/27 | €2,956 | €2,219 | -€737 | -24.9% |
| Furniture and vehicles | 24 | €2,956 | €2,219 | -€737 | -24.9% |
| Current assets | 29/58 | €32,402 | €10,907 | -€21,495 | -66.3% |
| Amounts receivable within one year | 40/41 | €2,160 | €8,828 | +€6,668 | +308.7% |
| Trade receivables | 40 | €1,107 | €8,828 | +€7,721 | +697.5% |
| Other amounts receivable | 41 | €1,053 | - | -€1,053 | |
| Cash at bank and in hand | 54/58 | €30,242 | €2,079 | -€28,163 | -93.1% |
| Total equity and liabilities | 10/49 | €97,858 | €63,127 | -€34,731 | -35.5% |
| Equity | 10/15 | €1,059 | -€4,527 | -€5,586 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,941 | -€7,527 | -€5,586 | -287.8% |
| Amounts payable | 17/49 | €96,799 | €67,653 | -€29,146 | -30.1% |
| Amounts payable after more than one year | 17 | €51,180 | €36,803 | -€14,377 | -28.1% |
| Financial debts | 170/4 | €51,180 | €36,803 | -€14,377 | -28.1% |
| Amounts payable within one year | 42/48 | €31,119 | €30,850 | -€269 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €14,184 | €14,377 | +€193 | +1.4% |
| Trade debts | 44 | €1,521 | €1,452 | -€69 | -4.5% |
| Suppliers | 440/4 | €1,521 | €1,452 | -€69 | -4.5% |
| Advances received on contracts in progress | 46 | €10,639 | - | -€10,639 | |
| Taxes, remuneration and social security | 45 | - | €3,338 | +€3,338 | |
| Taxes | 450/3 | - | €3,338 | +€3,338 | |
| Other amounts payable | 47/48 | €4,775 | €11,683 | +€6,908 | +144.7% |
| Accrued charges and deferred income | 492/3 | €14,500 | - | -€14,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,044 | €13,237 | +€193 | +1.5% |
| Other operating charges | 640/8 | €1,093 | €1,105 | +€12 | +1.1% |
| Gross operating margin | 9900 | €17,731 | €10,670 | -€7,061 | -39.8% |
| Operating profit (loss) | 9901 | €3,594 | -€3,672 | -€7,266 | |
| Financial income | 75/76B | €189 | €62 | -€127 | -67.2% |
| Recurring financial income | 75 | €189 | €62 | -€127 | -67.2% |
| Financial charges | 65/66B | €1,045 | €1,115 | +€70 | +6.7% |
| Recurring financial charges | 65 | €1,045 | €1,115 | +€70 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €2,738 | -€4,726 | -€7,464 | |
| Income taxes | 67/77 | -€1,154 | €860 | +€2,014 | |
| Profit (loss) for the period | 9904 | €3,892 | -€5,586 | -€9,478 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,892 | -€5,586 | -€9,478 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.