T.INC: 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.
T.INC
Largest movements
- Cash +€56,863
up €56,863 (+206.2%), from €27,577 to €84,440
mainly Net result for the year (+€136,292) and Receivables within one year (+€8,807)
- Reserves +€67,254
up €67,254 (+5.1%), from €1.3m to €1.4m
of which Distributable reserves: +€67,254
- Other debts -€23,684
down €23,684 (-62.9%), from €37,643 to €13,959
- Gross operating margin -€15,022
down €15,022 (-6.9%), from €218,618 to €203,596
- Taxes -€4,253
down €4,253 (-6.8%), from €62,289 to €58,035
- Other operating charges -€2,720
down €2,720 (-59.9%), from €4,543 to €1,823
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 | €1,462,454 | €1,504,736 | +€42,282 | +2.9% |
| Fixed assets | 21/28 | €1,236,751 | €1,233,252 | -€3,499 | -0.3% |
| Tangible fixed assets | 22/27 | €123,090 | €119,591 | -€3,499 | -2.8% |
| Land and buildings | 22 | €122,314 | €116,048 | -€6,266 | -5.1% |
| Furniture and vehicles | 24 | €776 | €3,543 | +€2,767 | +356.7% |
| Financial fixed assets | 28 | €1,113,662 | €1,113,662 | = | 0.0% |
| Current assets | 29/58 | €225,703 | €271,483 | +€45,780 | +20.3% |
| Amounts receivable within one year | 40/41 | €191,828 | €183,020 | -€8,807 | -4.6% |
| Trade receivables | 40 | €164,520 | €164,520 | = | 0.0% |
| Other amounts receivable | 41 | €27,308 | €18,500 | -€8,807 | -32.3% |
| Cash at bank and in hand | 54/58 | €27,577 | €84,440 | +€56,863 | +206.2% |
| Deferred charges and accrued income | 490/1 | €6,298 | €4,023 | -€2,275 | -36.1% |
| Total equity and liabilities | 10/49 | €1,462,454 | €1,504,736 | +€42,282 | +2.9% |
| Equity | 10/15 | €1,397,803 | €1,465,057 | +€67,254 | +4.8% |
| Contributions | 10/11 | €86,800 | €86,800 | = | 0.0% |
| Capital | 10 | €86,800 | €86,800 | = | 0.0% |
| Issued capital | 100 | €86,800 | €86,800 | = | 0.0% |
| Reserves | 13 | €1,311,003 | €1,378,257 | +€67,254 | +5.1% |
| Non-distributable reserves | 130/1 | €8,680 | €8,680 | = | 0.0% |
| Legal reserve | 130 | €8,680 | €8,680 | = | 0.0% |
| Distributable reserves | 133 | €1,302,323 | €1,369,577 | +€67,254 | +5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,651 | €39,679 | -€24,973 | -38.6% |
| Amounts payable within one year | 42/48 | €63,684 | €38,680 | -€25,004 | -39.3% |
| Trade debts | 44 | €1,237 | €900 | -€337 | -27.2% |
| Suppliers | 440/4 | €1,237 | €900 | -€337 | -27.2% |
| Taxes, remuneration and social security | 45 | €24,804 | €23,821 | -€983 | -4.0% |
| Taxes | 450/3 | €21,843 | €20,750 | -€1,093 | -5.0% |
| Remuneration and social security | 454/9 | €2,961 | €3,071 | +€110 | +3.7% |
| Other amounts payable | 47/48 | €37,643 | €13,959 | -€23,684 | -62.9% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,042 | €7,385 | +€343 | +4.9% |
| Other operating charges | 640/8 | €4,543 | €1,823 | -€2,720 | -59.9% |
| Gross operating margin | 9900 | €218,618 | €203,596 | -€15,022 | -6.9% |
| Operating profit (loss) | 9901 | €207,034 | €194,388 | -€12,645 | -6.1% |
| Financial income | 75/76B | €174 | €325 | +€151 | +86.4% |
| Recurring financial income | 75 | €174 | €325 | +€151 | +86.4% |
| Financial charges | 65/66B | €9 | €386 | +€377 | +4191.1% |
| Recurring financial charges | 65 | €9 | €386 | +€377 | +4191.1% |
| Profit (loss) for the period before taxes | 9903 | €207,199 | €194,327 | -€12,872 | -6.2% |
| Income taxes | 67/77 | €62,289 | €58,035 | -€4,253 | -6.8% |
| Profit (loss) for the period | 9904 | €144,910 | €136,292 | -€8,619 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €144,910 | €136,292 | -€8,619 | -5.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.