Tiro: 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.
Tiro
Largest movements
- Receivables within one year +€18,647
up €18,647 (+1999.8%), from €932 to €19,579
of which Other amounts receivable: +€15,628
- Cash -€16,806
down €16,806 (-85.7%), from €19,610 to €2,804
mainly Receivables within one year (-€18,647) and Trade debts (-€1,894)
- Financial fixed assets -€2,100
down €2,100 (-100.0%), from €2,100 to €0
- Deferred charges and accrued income +€848
up €848 (+115.5%), from €734 to €1,582
- Formation expenses -€241
down €241 (-68.8%), from €350 to €109
- Trade debts -€1,894
down €1,894 (-28.6%), from €6,623 to €4,729
- Reserves +€1,631
up €1,631 (+18.6%), from €8,747 to €10,378
- Tax, wage and social debts +€611
up €611 (+11.4%), from €5,357 to €5,968
- Gross operating margin -€9,134
down €9,134 (-60.2%), from €15,174 to €6,040
- Taxes -€2,151
down €2,151 (-75.6%), from €2,845 to €694
- Financial charges +€1,100
up €1,100 (+75.7%), from €1,454 to €2,554
- Other operating charges +€416
up €416 (+81.0%), from €513 to €929
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 | €23,727 | €24,075 | +€348 | +1.5% |
| Formation expenses | 20 | €350 | €109 | -€241 | -68.8% |
| Fixed assets | 21/28 | €2,100 | €0 | -€2,100 | -100.0% |
| Financial fixed assets | 28 | €2,100 | €0 | -€2,100 | -100.0% |
| Current assets | 29/58 | €21,277 | €23,966 | +€2,689 | +12.6% |
| Amounts receivable within one year | 40/41 | €932 | €19,579 | +€18,647 | +1999.8% |
| Trade receivables | 40 | €932 | €3,951 | +€3,019 | +323.8% |
| Other amounts receivable | 41 | - | €15,628 | +€15,628 | |
| Cash at bank and in hand | 54/58 | €19,610 | €2,804 | -€16,806 | -85.7% |
| Deferred charges and accrued income | 490/1 | €734 | €1,582 | +€848 | +115.5% |
| Total equity and liabilities | 10/49 | €23,727 | €24,075 | +€348 | +1.5% |
| Equity | 10/15 | €11,747 | €13,378 | +€1,631 | +13.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,747 | €10,378 | +€1,631 | +18.6% |
| Distributable reserves | 133 | €8,747 | €10,378 | +€1,631 | +18.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €11,980 | €10,697 | -€1,283 | -10.7% |
| Amounts payable within one year | 42/48 | €11,980 | €10,697 | -€1,283 | -10.7% |
| Trade debts | 44 | €6,623 | €4,729 | -€1,894 | -28.6% |
| Suppliers | 440/4 | €6,623 | €4,729 | -€1,894 | -28.6% |
| Taxes, remuneration and social security | 45 | €5,357 | €5,968 | +€611 | +11.4% |
| Taxes | 450/3 | €5,357 | €5,968 | +€611 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €241 | = | 0.0% |
| Other operating charges | 640/8 | €513 | €929 | +€416 | +81.0% |
| Gross operating margin | 9900 | €15,174 | €6,040 | -€9,134 | -60.2% |
| Operating profit (loss) | 9901 | €14,420 | €4,870 | -€9,550 | -66.2% |
| Financial income | 75/76B | €0 | €9 | +€8 | +1836.4% |
| Recurring financial income | 75 | €0 | €9 | +€8 | +1836.4% |
| Financial charges | 65/66B | €1,454 | €2,554 | +€1,100 | +75.7% |
| Recurring financial charges | 65 | €1,454 | €2,554 | +€1,100 | +75.7% |
| Profit (loss) for the period before taxes | 9903 | €12,967 | €2,325 | -€10,642 | -82.1% |
| Income taxes | 67/77 | €2,845 | €694 | -€2,151 | -75.6% |
| Profit (loss) for the period | 9904 | €10,122 | €1,631 | -€8,491 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,122 | €1,631 | -€8,491 | -83.9% |
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 5 October 2026 via checked.be.