TIETENBIZZ: 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.
TIETENBIZZ
Largest movements
- Stocks and contracts +€46,810
up €46,810 (+34.5%), from €135,534 to €182,345
- Cash -€43,659
down €43,659 (-36.0%), from €121,352 to €77,693
mainly Debts after one year (-€51,233) and Stocks and contracts (-€46,810)
- Deferred charges and accrued income +€7,933
up €7,933 (+1,517%), from €523 to €8,456
- Tangible fixed assets -€7,294
down €7,294 (-31.4%), from €23,253 to €15,959
of which Other tangible fixed assets: -€3,930
- Receivables within one year +€4,954
up €4,954 (+299%), from €1,655 to €6,609
of which Other amounts receivable: +€5,293
- Debts after one year -€51,233
down €51,233 (-50.0%), from €102,470 to €51,237
- Reserves +€45,394
up €45,394 (+61.5%), from €73,850 to €119,243
- Trade debts +€12,459
up €12,459 (+392%), from €3,181 to €15,640
- Gross operating margin -€34,024
down €34,024 (-31.7%), from €107,410 to €73,386
- Taxes -€6,991
down €6,991 (-35.4%), from €19,753 to €12,762
- Financial charges +€2,186
up €2,186 (+46.7%), from €4,685 to €6,871
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 | €292,218 | €299,187 | +€6,969 | +2.4% |
| Fixed assets | 21/28 | €33,154 | €24,085 | -€9,069 | -27.4% |
| Intangible fixed assets | 21 | €7,101 | €5,326 | -€1,775 | -25.0% |
| Tangible fixed assets | 22/27 | €23,253 | €15,959 | -€7,294 | -31.4% |
| Land and buildings | 22 | €1,914 | €1,480 | -€434 | -22.7% |
| Furniture and vehicles | 24 | €5,621 | €2,691 | -€2,930 | -52.1% |
| Other tangible fixed assets | 26 | €15,718 | €11,789 | -€3,930 | -25.0% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €259,064 | €275,102 | +€16,038 | +6.2% |
| Stocks and contracts in progress | 3 | €135,534 | €182,345 | +€46,810 | +34.5% |
| Stocks | 30/36 | €135,534 | €182,345 | +€46,810 | +34.5% |
| Amounts receivable within one year | 40/41 | €1,655 | €6,609 | +€4,954 | +299% |
| Trade receivables | 40 | €939 | €600 | -€339 | -36.1% |
| Other amounts receivable | 41 | €716 | €6,009 | +€5,293 | +739% |
| Cash at bank and in hand | 54/58 | €121,352 | €77,693 | -€43,659 | -36.0% |
| Deferred charges and accrued income | 490/1 | €523 | €8,456 | +€7,933 | +1,517% |
| Total equity and liabilities | 10/49 | €292,218 | €299,187 | +€6,969 | +2.4% |
| Equity | 10/15 | €76,850 | €122,243 | +€45,394 | +59.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,850 | €119,243 | +€45,394 | +61.5% |
| Distributable reserves | 133 | €73,850 | €119,243 | +€45,394 | +61.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €215,368 | €176,944 | -€38,424 | -17.8% |
| Amounts payable after more than one year | 17 | €102,470 | €51,237 | -€51,233 | -50.0% |
| Financial debts | 170/4 | €102,470 | €51,237 | -€51,233 | -50.0% |
| Amounts payable within one year | 42/48 | €111,953 | €125,707 | +€13,753 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €51,235 | €51,235 | = | 0.0% |
| Trade debts | 44 | €3,181 | €15,640 | +€12,459 | +392% |
| Suppliers | 440/4 | €3,181 | €15,640 | +€12,459 | +392% |
| Taxes, remuneration and social security | 45 | €13,395 | €13,130 | -€264 | -2.0% |
| Taxes | 450/3 | €12,621 | €11,485 | -€1,137 | -9.0% |
| Remuneration and social security | 454/9 | €773 | €1,645 | +€872 | +113% |
| Other amounts payable | 47/48 | €44,143 | €45,702 | +€1,558 | +3.5% |
| Accrued charges and deferred income | 492/3 | €945 | €0 | -€945 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,131 | €9,069 | -€62 | -0.7% |
| Other operating charges | 640/8 | €1,051 | €744 | -€307 | -29.2% |
| Gross operating margin | 9900 | €107,410 | €73,386 | -€34,024 | -31.7% |
| Operating profit (loss) | 9901 | €97,228 | €63,572 | -€33,656 | -34.6% |
| Financial income | 75/76B | €3,637 | €3,953 | +€317 | +8.7% |
| Recurring financial income | 75 | €3,637 | €3,953 | +€317 | +8.7% |
| Financial charges | 65/66B | €4,685 | €6,871 | +€2,186 | +46.7% |
| Recurring financial charges | 65 | €4,685 | €6,871 | +€2,186 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €96,180 | €60,655 | -€35,525 | -36.9% |
| Income taxes | 67/77 | €19,753 | €12,762 | -€6,991 | -35.4% |
| Profit (loss) for the period | 9904 | €76,427 | €47,893 | -€28,534 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,427 | €47,893 | -€28,534 | -37.3% |
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 16 October 2026 via checked.be.