Tiva: 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.
Tiva
Largest movements
- Cash +€136,669
up €136,669 (+34.6%), from €394,741 to €531,411
mainly Net result for the year (+€151,778) and Receivables within one year (+€43,621)
- Receivables within one year -€43,621
down €43,621 (-55.3%), from €78,851 to €35,230
of which Other amounts receivable: -€46,963
- Tangible fixed assets -€25,761
down €25,761 (-5.2%), from €497,090 to €471,329
of which Other tangible fixed assets: -€24,075
- Reserves +€93,890
up €93,890 (+17.3%), from €543,005 to €636,895
- Debts after one year -€30,081
down €30,081 (-8.7%), from €344,157 to €314,076
- Advances received +€13,891
new in 2025: €13,891
- Gross operating margin +€38,219
up €38,219 (+17.8%), from €215,207 to €253,426
- Taxes +€12,112
up €12,112 (+23.0%), from €52,547 to €64,658
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 | €973,869 | €1,042,415 | +€68,546 | +7.0% |
| Fixed assets | 21/28 | €497,170 | €471,409 | -€25,761 | -5.2% |
| Tangible fixed assets | 22/27 | €497,090 | €471,329 | -€25,761 | -5.2% |
| Plant, machinery and equipment | 23 | €6,325 | €4,634 | -€1,692 | -26.7% |
| Furniture and vehicles | 24 | €884 | €889 | +€5 | +0.6% |
| Other tangible fixed assets | 26 | €489,881 | €465,806 | -€24,075 | -4.9% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €476,699 | €571,007 | +€94,307 | +19.8% |
| Amounts receivable within one year | 40/41 | €78,851 | €35,230 | -€43,621 | -55.3% |
| Trade receivables | 40 | €25,303 | €28,645 | +€3,342 | +13.2% |
| Other amounts receivable | 41 | €53,548 | €6,585 | -€46,963 | -87.7% |
| Cash at bank and in hand | 54/58 | €394,741 | €531,411 | +€136,669 | +34.6% |
| Deferred charges and accrued income | 490/1 | €3,107 | €4,366 | +€1,259 | +40.5% |
| Total equity and liabilities | 10/49 | €973,869 | €1,042,415 | +€68,546 | +7.0% |
| Equity | 10/15 | €549,450 | €643,344 | +€93,893 | +17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €543,005 | €636,895 | +€93,890 | +17.3% |
| Distributable reserves | 133 | €543,005 | €636,895 | +€93,890 | +17.3% |
| Profit (loss) carried forward | 14 | €245 | €249 | +€3 | +1.4% |
| Amounts payable | 17/49 | €424,419 | €399,072 | -€25,347 | -6.0% |
| Amounts payable after more than one year | 17 | €344,157 | €314,076 | -€30,081 | -8.7% |
| Financial debts | 170/4 | €344,157 | €314,076 | -€30,081 | -8.7% |
| Amounts payable within one year | 42/48 | €80,262 | €84,996 | +€4,734 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €29,753 | €30,081 | +€329 | +1.1% |
| Trade debts | 44 | €13,154 | €14,742 | +€1,588 | +12.1% |
| Suppliers | 440/4 | €13,154 | €14,742 | +€1,588 | +12.1% |
| Advances received on contracts in progress | 46 | - | €13,891 | +€13,891 | |
| Taxes, remuneration and social security | 45 | €24,431 | €21,782 | -€2,649 | -10.8% |
| Taxes | 450/3 | €24,431 | €21,782 | -€2,649 | -10.8% |
| Other amounts payable | 47/48 | €12,924 | €4,500 | -€8,424 | -65.2% |
| Non-recurring operating income | 76A | - | €4,844 | +€4,844 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,062 | €26,347 | +€285 | +1.1% |
| Other operating charges | 640/8 | €6,226 | €7,146 | +€919 | +14.8% |
| Gross operating margin | 9900 | €215,207 | €253,426 | +€38,219 | +17.8% |
| Operating profit (loss) | 9901 | €182,919 | €219,934 | +€37,015 | +20.2% |
| Financial income | 75/76B | €244 | €656 | +€412 | +168.9% |
| Recurring financial income | 75 | €244 | €656 | +€412 | +168.9% |
| Financial charges | 65/66B | €4,474 | €4,152 | -€322 | -7.2% |
| Recurring financial charges | 65 | €4,474 | €4,152 | -€322 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €178,689 | €216,437 | +€37,748 | +21.1% |
| Income taxes | 67/77 | €52,547 | €64,658 | +€12,112 | +23.0% |
| Profit (loss) for the period | 9904 | €126,142 | €151,778 | +€25,637 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,142 | €151,778 | +€25,637 | +20.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.