TCHAK: 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.
TCHAK
Largest movements
- Cash -€12,113
down €12,113 (-65.9%), from €18,393 to €6,280
mainly Net result for the year (-€20,605) and Investment in fixed assets (net) (-€12,375)
- Receivables within one year +€10,320
up €10,320 (+30.5%), from €33,793 to €44,113
of which Other amounts receivable: +€13,735
- Intangible fixed assets +€10,255
up €10,255 (+238%), from €4,300 to €14,555
- Deferred charges and accrued income +€4,862
up €4,862 (+58.0%), from €8,380 to €13,242
- Stocks and contracts -€2,775
down €2,775 (-24.3%), from €11,417 to €8,642
- Contributions +€22,550
up €22,550 (+24.2%), from €93,200 to €115,750
- Profit (loss) carried forward -€20,605
down €20,605 (-23.7%), from -€87,119 to -€107,724
- Other debts +€15,140
new in 2025: €15,140
- Trade debts -€4,154
down €4,154 (-14.4%), from €28,919 to €24,765
- Accrued charges and deferred income -€1,294
down €1,294 (-5.5%), from €23,633 to €22,339
- Gross operating margin -€5,503
down €5,503 (-4.8%), from €113,608 to €108,105
- Staff costs -€4,405
down €4,405 (-3.4%), from €129,945 to €125,540
- Depreciation +€2,027
up €2,027 (+2,180%), from €93 to €2,120
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.
Derived cash bridge
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 | €76,646 | €87,195 | +€10,549 | +13.8% |
| Fixed assets | 21/28 | €4,663 | €14,918 | +€10,255 | +220% |
| Intangible fixed assets | 21 | €4,300 | €14,555 | +€10,255 | +238% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €71,983 | €72,277 | +€294 | +0.4% |
| Stocks and contracts in progress | 3 | €11,417 | €8,642 | -€2,775 | -24.3% |
| Stocks | 30/36 | €11,417 | €8,642 | -€2,775 | -24.3% |
| Amounts receivable within one year | 40/41 | €33,793 | €44,113 | +€10,320 | +30.5% |
| Trade receivables | 40 | €16,361 | €12,946 | -€3,415 | -20.9% |
| Other amounts receivable | 41 | €17,432 | €31,167 | +€13,735 | +78.8% |
| Cash at bank and in hand | 54/58 | €18,393 | €6,280 | -€12,113 | -65.9% |
| Deferred charges and accrued income | 490/1 | €8,380 | €13,242 | +€4,862 | +58.0% |
| Total equity and liabilities | 10/49 | €76,646 | €87,195 | +€10,549 | +13.8% |
| Equity | 10/15 | €6,081 | €8,026 | +€1,945 | +32.0% |
| Contributions | 10/11 | €93,200 | €115,750 | +€22,550 | +24.2% |
| Profit (loss) carried forward | 14 | -€87,119 | -€107,724 | -€20,605 | -23.7% |
| Amounts payable | 17/49 | €70,565 | €79,169 | +€8,604 | +12.2% |
| Amounts payable within one year | 42/48 | €46,932 | €56,830 | +€9,898 | +21.1% |
| Trade debts | 44 | €28,919 | €24,765 | -€4,154 | -14.4% |
| Suppliers | 440/4 | €28,919 | €24,765 | -€4,154 | -14.4% |
| Taxes, remuneration and social security | 45 | €18,013 | €16,925 | -€1,088 | -6.0% |
| Taxes | 450/3 | €214 | - | -€214 | |
| Remuneration and social security | 454/9 | €17,799 | €16,925 | -€874 | -4.9% |
| Other amounts payable | 47/48 | - | €15,140 | +€15,140 | |
| Accrued charges and deferred income | 492/3 | €23,633 | €22,339 | -€1,294 | -5.5% |
| Remuneration, social security and pensions | 62 | €129,945 | €125,540 | -€4,405 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €2,120 | +€2,027 | +2,180% |
| Other operating charges | 640/8 | €932 | €445 | -€487 | -52.3% |
| Gross operating margin | 9900 | €113,608 | €108,105 | -€5,503 | -4.8% |
| Operating profit (loss) | 9901 | -€17,362 | -€20,000 | -€2,638 | -15.2% |
| Financial income | 75/76B | €16 | €390 | +€374 | +2,338% |
| Recurring financial income | 75 | €16 | €390 | +€374 | +2,338% |
| Financial charges | 65/66B | €197 | €995 | +€798 | +405% |
| Recurring financial charges | 65 | €197 | €995 | +€798 | +405% |
| Profit (loss) for the period before taxes | 9903 | -€17,543 | -€20,605 | -€3,062 | -17.5% |
| Profit (loss) for the period | 9904 | -€17,543 | -€20,605 | -€3,062 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,543 | -€20,605 | -€3,062 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.