Tiesters Immo: 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.
Tiesters Immo
Largest movements
- Cash +€83,243
up €83,243 (+4992.0%), from €1,668 to €84,911
mainly Net result for the year (+€80,673) and Tax, wage and social debts (+€14,305)
- Tangible fixed assets +€26,805
up €26,805 (+12.8%), from €208,864 to €235,670
- Profit (loss) carried forward +€80,673
up €80,673, from -€8,428 to €72,245
- Tax, wage and social debts +€14,305
up €14,305 (+7333.1%), from €195 to €14,500
- Trade debts +€13,813
up €13,813 (+3569.3%), from €387 to €14,200
- Gross operating margin +€96,051
up €96,051 (+554.2%), from €17,330 to €113,382
- Taxes +€14,500
new in 2025: €14,500
- Depreciation -€1,849
down €1,849 (-25.7%), from €7,192 to €5,342
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 | €227,986 | €336,777 | +€108,791 | +47.7% |
| Fixed assets | 21/28 | €208,864 | €235,670 | +€26,805 | +12.8% |
| Tangible fixed assets | 22/27 | €208,864 | €235,670 | +€26,805 | +12.8% |
| Land and buildings | 22 | €208,864 | €235,670 | +€26,805 | +12.8% |
| Current assets | 29/58 | €19,122 | €101,107 | +€81,985 | +428.8% |
| Amounts receivable within one year | 40/41 | €17,171 | €15,902 | -€1,269 | -7.4% |
| Other amounts receivable | 41 | €17,171 | €15,902 | -€1,269 | -7.4% |
| Cash at bank and in hand | 54/58 | €1,668 | €84,911 | +€83,243 | +4992.0% |
| Deferred charges and accrued income | 490/1 | €283 | €294 | +€11 | +3.9% |
| Total equity and liabilities | 10/49 | €227,986 | €336,777 | +€108,791 | +47.7% |
| Equity | 10/15 | €217,364 | €298,037 | +€80,673 | +37.1% |
| Contributions | 10/11 | €204,512 | €204,512 | = | 0.0% |
| Capital | 10 | €204,512 | €204,512 | = | 0.0% |
| Issued capital | 100 | €204,512 | €204,512 | = | 0.0% |
| Reserves | 13 | €21,280 | €21,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,451 | €20,451 | = | 0.0% |
| Legal reserve | 130 | €20,451 | €20,451 | = | 0.0% |
| Distributable reserves | 133 | €829 | €829 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,428 | €72,245 | +€80,673 | |
| Amounts payable | 17/49 | €10,622 | €38,739 | +€28,118 | +264.7% |
| Amounts payable after more than one year | 17 | €10,040 | €10,040 | = | 0.0% |
| Other amounts payable | 178/9 | €10,040 | €10,040 | = | 0.0% |
| Amounts payable within one year | 42/48 | €582 | €28,700 | +€28,118 | +4830.6% |
| Trade debts | 44 | €387 | €14,200 | +€13,813 | +3569.3% |
| Suppliers | 440/4 | €387 | €14,200 | +€13,813 | +3569.3% |
| Taxes, remuneration and social security | 45 | €195 | €14,500 | +€14,305 | +7333.1% |
| Taxes | 450/3 | €195 | €14,500 | +€14,305 | +7333.1% |
| Non-recurring operating income | 76A | - | €113,130 | +€113,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,192 | €5,342 | -€1,849 | -25.7% |
| Other operating charges | 640/8 | €13,665 | €13,121 | -€544 | -4.0% |
| Gross operating margin | 9900 | €17,330 | €113,382 | +€96,051 | +554.2% |
| Operating profit (loss) | 9901 | -€3,526 | €94,919 | +€98,445 | |
| Financial income | 75/76B | €357 | €327 | -€30 | -8.4% |
| Recurring financial income | 75 | €357 | €327 | -€30 | -8.4% |
| Financial charges | 65/66B | €87 | €73 | -€14 | -15.9% |
| Recurring financial charges | 65 | €87 | €73 | -€14 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,256 | €95,173 | +€98,428 | |
| Income taxes | 67/77 | - | €14,500 | +€14,500 | |
| Profit (loss) for the period | 9904 | -€3,256 | €80,673 | +€83,929 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,256 | €80,673 | +€83,929 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.