Tybco: 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.
Tybco
Largest movements
- Cash -€883,534
down €883,534 (-99.5%), from €888,309 to €4,775
- Stocks and contracts +€641,279
up €641,279 (+47.8%), from €1.3m to €2.0m
- Receivables within one year -€329,291
down €329,291 (-74.3%), from €443,409 to €114,118
of which Trade receivables: -€340,344
- Current portion of long-term debt -€862,876
down €862,876 (-98.8%), from €873,449 to €10,573
- Advances received +€418,072
up €418,072 (+29.2%), from €1.4m to €1.8m
- Tax, wage and social debts -€69,869
down €69,869 (-100%), from €69,869 to €0
- Trade debts -€31,455
down €31,455 (-66.9%), from €47,045 to €15,591
- Gross operating margin -€89,407
down €89,407 (-77.8%), from €114,926 to €25,519
- Financial charges -€37,427
down €37,427 (-57.4%), from €65,179 to €27,751
- Depreciation +€10,162
up €10,162 (+78.0%), from €13,027 to €23,189
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,960,185 | €2,369,612 | -€590,573 | -20.0% |
| Fixed assets | 21/28 | €285,441 | €265,552 | -€19,889 | -7.0% |
| Tangible fixed assets | 22/27 | €284,941 | €265,052 | -€19,889 | -7.0% |
| Land and buildings | 22 | €40,247 | €37,731 | -€2,516 | -6.3% |
| Plant, machinery and equipment | 23 | - | €1,660 | +€1,660 | |
| Furniture and vehicles | 24 | €29,449 | €10,417 | -€19,033 | -64.6% |
| Other tangible fixed assets | 26 | €215,245 | €215,245 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,674,744 | €2,104,061 | -€570,684 | -21.3% |
| Stocks and contracts in progress | 3 | €1,341,026 | €1,982,305 | +€641,279 | +47.8% |
| Stocks | 30/36 | €1,341,026 | €1,982,305 | +€641,279 | +47.8% |
| Amounts receivable within one year | 40/41 | €443,409 | €114,118 | -€329,291 | -74.3% |
| Trade receivables | 40 | €442,255 | €101,910 | -€340,344 | -77.0% |
| Other amounts receivable | 41 | €1,154 | €12,207 | +€11,053 | +958% |
| Cash at bank and in hand | 54/58 | €888,309 | €4,775 | -€883,534 | -99.5% |
| Deferred charges and accrued income | 490/1 | €2,001 | €2,863 | +€862 | +43.1% |
| Total equity and liabilities | 10/49 | €2,960,185 | €2,369,612 | -€590,573 | -20.0% |
| Equity | 10/15 | -€84,488 | -€109,867 | -€25,379 | -30.0% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€324,488 | -€349,867 | -€25,379 | -7.8% |
| Amounts payable | 17/49 | €3,044,673 | €2,479,480 | -€565,193 | -18.6% |
| Amounts payable after more than one year | 17 | €19,130 | €0 | -€19,130 | -100% |
| Financial debts | 170/4 | €19,130 | €0 | -€19,130 | -100% |
| Amounts payable within one year | 42/48 | €2,997,688 | €2,456,480 | -€541,208 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €873,449 | €10,573 | -€862,876 | -98.8% |
| Financial debts | 43 | - | €73 | +€73 | |
| Credit institutions | 430/8 | - | €73 | +€73 | |
| Trade debts | 44 | €47,045 | €15,591 | -€31,455 | -66.9% |
| Suppliers | 440/4 | €47,045 | €15,591 | -€31,455 | -66.9% |
| Advances received on contracts in progress | 46 | €1,431,399 | €1,849,471 | +€418,072 | +29.2% |
| Taxes, remuneration and social security | 45 | €69,869 | €0 | -€69,869 | -100% |
| Taxes | 450/3 | €69,869 | €0 | -€69,869 | -100% |
| Other amounts payable | 47/48 | €575,926 | €580,772 | +€4,846 | +0.8% |
| Accrued charges and deferred income | 492/3 | €27,855 | €23,000 | -€4,855 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,027 | €23,189 | +€10,162 | +78.0% |
| Other operating charges | 640/8 | €1,837 | €2,316 | +€478 | +26.0% |
| Gross operating margin | 9900 | €114,926 | €25,519 | -€89,407 | -77.8% |
| Operating profit (loss) | 9901 | €100,062 | €14 | -€100,048 | -100.0% |
| Financial income | 75/76B | €2,499 | €2,408 | -€91 | -3.7% |
| Recurring financial income | 75 | €2,499 | €2,408 | -€91 | -3.7% |
| Financial charges | 65/66B | €65,179 | €27,751 | -€37,427 | -57.4% |
| Recurring financial charges | 65 | €65,179 | €27,751 | -€37,427 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €37,383 | -€25,329 | -€62,712 | |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | €37,383 | -€25,379 | -€62,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,383 | -€25,379 | -€62,762 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.