TIPO: 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.
TIPO
Largest movements
- Current investments +€28,504
up €28,504 (+15.7%), from €181,758 to €210,262
- Cash -€16,387
down €16,387 (-39.6%), from €41,341 to €24,954
mainly Current investments (-€28,504) and Receivables within one year (-€3,207)
- Receivables within one year +€3,207
new in 2025: €3,207
- Reserves +€16,854
up €16,854 (+7.0%), from €240,940 to €257,794
- Gross operating margin -€35,942
down €35,942, from €31,546 to -€4,397
- Financial income +€22,128
up €22,128 (+492.4%), from €4,494 to €26,622
- Taxes -€6,730
down €6,730 (-80.0%), from €8,415 to €1,685
- Depreciation -€4,622
down €4,622 (-82.6%), from €5,594 to €973
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 | €263,880 | €278,230 | +€14,351 | +5.4% |
| Fixed assets | 21/28 | €40,781 | €39,808 | -€973 | -2.4% |
| Tangible fixed assets | 22/27 | €40,781 | €39,808 | -€973 | -2.4% |
| Land and buildings | 22 | €39,540 | €39,000 | -€540 | -1.4% |
| Furniture and vehicles | 24 | €1,241 | €808 | -€433 | -34.9% |
| Current assets | 29/58 | €223,099 | €238,422 | +€15,323 | +6.9% |
| Amounts receivable within one year | 40/41 | - | €3,207 | +€3,207 | |
| Other amounts receivable | 41 | - | €3,207 | +€3,207 | |
| Current investments | 50/53 | €181,758 | €210,262 | +€28,504 | +15.7% |
| Cash at bank and in hand | 54/58 | €41,341 | €24,954 | -€16,387 | -39.6% |
| Total equity and liabilities | 10/49 | €263,880 | €278,230 | +€14,351 | +5.4% |
| Equity | 10/15 | €259,540 | €276,394 | +€16,854 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240,940 | €257,794 | +€16,854 | +7.0% |
| Distributable reserves | 133 | €240,940 | €257,794 | +€16,854 | +7.0% |
| Amounts payable | 17/49 | €4,340 | €1,836 | -€2,503 | -57.7% |
| Amounts payable after more than one year | 17 | €183 | €183 | = | 0.0% |
| Other amounts payable | 178/9 | €183 | €183 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,157 | €1,654 | -€2,503 | -60.2% |
| Trade debts | 44 | €2,713 | €1,654 | -€1,059 | -39.0% |
| Suppliers | 440/4 | €2,713 | €1,654 | -€1,059 | -39.0% |
| Taxes, remuneration and social security | 45 | €1,444 | - | -€1,444 | |
| Taxes | 450/3 | €1,444 | - | -€1,444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,594 | €973 | -€4,622 | -82.6% |
| Other operating charges | 640/8 | €2,604 | €2,684 | +€80 | +3.1% |
| Gross operating margin | 9900 | €31,546 | -€4,397 | -€35,942 | |
| Operating profit (loss) | 9901 | €23,347 | -€8,053 | -€31,400 | |
| Financial income | 75/76B | €4,494 | €26,622 | +€22,128 | +492.4% |
| Recurring financial income | 75 | €4,494 | €26,622 | +€22,128 | +492.4% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €27,813 | €18,539 | -€9,274 | -33.3% |
| Income taxes | 67/77 | €8,415 | €1,685 | -€6,730 | -80.0% |
| Profit (loss) for the period | 9904 | €19,397 | €16,854 | -€2,543 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,397 | €16,854 | -€2,543 | -13.1% |
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 1 October 2026 via checked.be.