Tiva Construct: 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.
Tiva Construct
Largest movements
- Cash -€18,747
no longer reported in 2025 (was €18,747)
mainly Receivables within one year (-€9,873) and Current investments (-€9,427)
- Receivables within one year +€9,873
up €9,873 (+14.8%), from €66,779 to €76,652
of which Trade receivables: +€9,234
- Current investments +€9,427
new in 2025: €9,427
- Profit (loss) carried forward +€2,627
up €2,627 (+7.7%), from €33,978 to €36,605
- Trade debts -€2,010
down €2,010 (-10.4%), from €19,371 to €17,360
of which Suppliers: -€1,632
- Turnover -€12,439
down €12,439 (-3.8%), from €324,520 to €312,081
- Purchases and services -€9,009
down €9,009 (-2.9%), from €314,830 to €305,820
- Depreciation -€5,135
down €5,135 (-94.5%), from €5,431 to €296
- Gross operating margin -€3,430
down €3,430 (-35.4%), from €9,690 to €6,260
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 | €86,182 | €86,439 | +€257 | +0.3% |
| Fixed assets | 21/28 | €656 | €360 | -€296 | -45.1% |
| Tangible fixed assets | 22/27 | €296 | - | -€296 | |
| Plant, machinery and equipment | 23 | €296 | - | -€296 | |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €85,526 | €86,079 | +€553 | +0.6% |
| Amounts receivable within one year | 40/41 | €66,779 | €76,652 | +€9,873 | +14.8% |
| Trade receivables | 40 | €61,423 | €70,658 | +€9,234 | +15.0% |
| Other amounts receivable | 41 | €5,356 | €5,994 | +€638 | +11.9% |
| Current investments | 50/53 | - | €9,427 | +€9,427 | |
| Cash at bank and in hand | 54/58 | €18,747 | - | -€18,747 | |
| Total equity and liabilities | 10/49 | €86,182 | €86,439 | +€257 | +0.3% |
| Equity | 10/15 | €46,438 | €49,065 | +€2,627 | +5.7% |
| Contributions | 10/11 | €10,600 | €10,600 | = | 0.0% |
| Capital | 10 | €10,600 | - | -€10,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €8,000 | - | -€8,000 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €33,978 | €36,605 | +€2,627 | +7.7% |
| Amounts payable | 17/49 | €39,744 | €37,374 | -€2,370 | -6.0% |
| Amounts payable within one year | 42/48 | €39,744 | €37,374 | -€2,370 | -6.0% |
| Trade debts | 44 | €19,371 | €17,360 | -€2,010 | -10.4% |
| Suppliers | 440/4 | €18,993 | €17,360 | -€1,632 | -8.6% |
| Bills of exchange payable | 441 | €378 | - | -€378 | |
| Taxes, remuneration and social security | 45 | €1,630 | €1,800 | +€170 | +10.5% |
| Remuneration and social security | 454/9 | €1,630 | €1,800 | +€170 | +10.5% |
| Other amounts payable | 47/48 | €18,744 | €18,214 | -€530 | -2.8% |
| Turnover | 70 | €324,520 | €312,081 | -€12,439 | -3.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €314,830 | €305,820 | -€9,009 | -2.9% |
| Remuneration, social security and pensions | 62 | €714 | €1,275 | +€561 | +78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,431 | €296 | -€5,135 | -94.5% |
| Other operating charges | 640/8 | €1,599 | €1,372 | -€227 | -14.2% |
| Gross operating margin | 9900 | €9,690 | €6,260 | -€3,430 | -35.4% |
| Operating profit (loss) | 9901 | €1,946 | €3,317 | +€1,371 | +70.4% |
| Financial income | 75/76B | €0 | €82 | +€82 | +820900.0% |
| Recurring financial income | 75 | €0 | €82 | +€82 | +820900.0% |
| Financial charges | 65/66B | €447 | €188 | -€259 | -57.9% |
| Recurring financial charges | 65 | €447 | €188 | -€259 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €1,500 | €3,211 | +€1,711 | +114.1% |
| Income taxes | 67/77 | €863 | €584 | -€279 | -32.3% |
| Profit (loss) for the period | 9904 | €637 | €2,627 | +€1,990 | +312.7% |
| Profit (loss) for the period to be appropriated | 9905 | €637 | €2,627 | +€1,990 | +312.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.