T.I.C.: 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.
T.I.C.
Largest movements
- Stocks and contracts +€22,340
new in 2016: €22,340
- Cash -€14,128
down €14,128 (-29.6%), from €47,794 to €33,666
mainly Stocks and contracts (-€22,340) and Contributions, distributions and other (-€11,882)
- Tangible fixed assets -€12,324
down €12,324 (-31.2%), from €39,511 to €27,186
- Receivables within one year -€6,701
down €6,701 (-43.9%), from €15,250 to €8,549
- Debts within one year -€9,101
down €9,101 (-23.8%), from €38,162 to €29,062
- Debts after one year -€8,724
down €8,724 (-49.5%), from €17,641 to €8,917
- Equity +€7,011
up €7,011 (+15.0%), from €46,751 to €53,762
of which Reserves: +€7,011
- Taxes -€14,242
down €14,242 (-60.2%), from €23,673 to €9,431
- Gross operating margin -€11,372
down €11,372 (-15.2%), from €74,785 to €63,414
- Depreciation +€1,254
up €1,254 (+7.2%), from €17,516 to €18,770
From the 2015 result to the 2016 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
Derived from the 2015 and 2016 balance sheets and the 2016 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,554 | €91,740 | -€10,814 | -10.5% |
| Fixed assets | 21/28 | €39,511 | €27,186 | -€12,324 | -31.2% |
| Tangible fixed assets | 22/27 | €39,511 | €27,186 | -€12,324 | -31.2% |
| Current assets | 29/58 | €63,043 | €64,554 | +€1,511 | +2.4% |
| Stocks and contracts in progress | 3 | - | €22,340 | +€22,340 | |
| Amounts receivable within one year | 40/41 | €15,250 | €8,549 | -€6,701 | -43.9% |
| Cash at bank and in hand | 54/58 | €47,794 | €33,666 | -€14,128 | -29.6% |
| Total equity and liabilities | 10/49 | €102,554 | €91,740 | -€10,814 | -10.5% |
| Equity | 10/15 | €46,751 | €53,762 | +€7,011 | +15.0% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Reserves | 13 | €44,272 | €51,283 | +€7,011 | +15.8% |
| Profit (loss) carried forward | 14 | -€944 | - | +€944 | |
| Amounts payable | 17/49 | €55,803 | €37,979 | -€17,824 | -31.9% |
| Amounts payable after more than one year | 17 | €17,641 | €8,917 | -€8,724 | -49.5% |
| Amounts payable within one year | 42/48 | €38,162 | €29,062 | -€9,101 | -23.8% |
| Trade debts | 44 | €4,487 | €3,411 | -€1,076 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,516 | €18,770 | +€1,254 | +7.2% |
| Gross operating margin | 9900 | €74,785 | €63,414 | -€11,372 | -15.2% |
| Operating profit (loss) | 9901 | €52,897 | €34,599 | -€18,299 | -34.6% |
| Recurring financial income | 75 | €53 | €304 | +€252 | +478% |
| Recurring financial charges | 65 | €6,219 | €6,579 | +€360 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €48,204 | €28,324 | -€19,881 | -41.2% |
| Income taxes | 67/77 | €23,673 | €9,431 | -€14,242 | -60.2% |
| Profit (loss) for the period | 9904 | €24,531 | €18,893 | -€5,639 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,531 | €18,893 | -€5,639 | -23.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.