TVP Tiben: what changed
TVP Tiben
Largest movements
- Cash -€14,517
down €14,517 (-19.3%), from €75,198 to €60,681
mainly Contributions, distributions and other (-€27,527) and Investment in fixed assets (net) (-€1,011)
- Reserves -€14,800
down €14,800 (-11.0%), from €135,049 to €120,248
- Taxes -€2,139
down €2,139 (-39.6%), from €5,404 to €3,265
- Gross operating margin -€1,306
down €1,306 (-5.9%), from €22,231 to €20,926
- Depreciation +€931
up €931 (+132%), from €708 to €1,638
- Financial charges +€866
up €866 (+61.4%), from €1,410 to €2,276
- Other operating charges -€544
down €544 (-34.8%), from €1,564 to €1,020
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,682 | €133,094 | -€14,588 | -9.9% |
| Fixed assets | 21/28 | €6,740 | €6,113 | -€627 | -9.3% |
| Tangible fixed assets | 22/27 | €6,740 | €6,113 | -€627 | -9.3% |
| Furniture and vehicles | 24 | €6,740 | €6,113 | -€627 | -9.3% |
| Current assets | 29/58 | €140,942 | €126,981 | -€13,961 | -9.9% |
| Amounts receivable within one year | 40/41 | €64,198 | €64,695 | +€497 | +0.8% |
| Trade receivables | 40 | €16,910 | €18,712 | +€1,802 | +10.7% |
| Other amounts receivable | 41 | €47,288 | €45,983 | -€1,305 | -2.8% |
| Cash at bank and in hand | 54/58 | €75,198 | €60,681 | -€14,517 | -19.3% |
| Deferred charges and accrued income | 490/1 | €1,546 | €1,605 | +€59 | +3.8% |
| Total equity and liabilities | 10/49 | €147,682 | €133,094 | -€14,588 | -9.9% |
| Equity | 10/15 | €147,449 | €132,648 | -€14,800 | -10.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €135,049 | €120,248 | -€14,800 | -11.0% |
| Distributable reserves | 133 | €135,049 | €120,248 | -€14,800 | -11.0% |
| Amounts payable | 17/49 | €234 | €445 | +€212 | +90.7% |
| Amounts payable within one year | 42/48 | €234 | €445 | +€212 | +90.7% |
| Trade debts | 44 | €234 | €445 | +€212 | +90.7% |
| Suppliers | 440/4 | €234 | €445 | +€212 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €708 | €1,638 | +€931 | +132% |
| Other operating charges | 640/8 | €1,564 | €1,020 | -€544 | -34.8% |
| Gross operating margin | 9900 | €22,231 | €20,926 | -€1,306 | -5.9% |
| Operating profit (loss) | 9901 | €19,960 | €18,268 | -€1,692 | -8.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €1,410 | €2,276 | +€866 | +61.4% |
| Recurring financial charges | 65 | €1,410 | €2,276 | +€866 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €18,550 | €15,992 | -€2,558 | -13.8% |
| Income taxes | 67/77 | €5,404 | €3,265 | -€2,139 | -39.6% |
| Profit (loss) for the period | 9904 | €13,145 | €12,727 | -€419 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,145 | €12,727 | -€419 | -3.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.