TCHIC TCHAC: 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.
TCHIC TCHAC
Largest movements
- Receivables within one year -€106,418
down €106,418 (-50.2%), from €211,888 to €105,470
of which Trade receivables: -€133,376
- Tangible fixed assets -€33,955
down €33,955 (-44.9%), from €75,669 to €41,714
of which Other tangible fixed assets: -€21,287
- Cash +€24,281
up €24,281 (+12.8%), from €189,311 to €213,592
mainly Receivables within one year (+€106,418) and Net result for the year (+€25,393)
- Reserves +€119,000
up €119,000 (+1190.0%), from €10,000 to €129,000
of which Distributable reserves: +€119,000
- Profit (loss) carried forward -€106,607
down €106,607 (-99.5%), from €107,114 to €507
- Other debts -€91,947
down €91,947 (-55.2%), from €166,649 to €74,702
- Trade debts -€33,311
down €33,311 (-25.9%), from €128,628 to €95,317
- Debts after one year -€17,407
no longer reported in 2025 (was €17,407)
- Gross operating margin -€293,259
down €293,259 (-60.5%), from €484,733 to €191,474
- Staff costs -€81,210
down €81,210 (-54.9%), from €147,981 to €66,771
- Taxes -€60,867
down €60,867 (-88.9%), from €68,503 to €7,636
- Depreciation -€38,279
down €38,279 (-62.4%), from €61,297 to €23,018
- Other operating charges -€6,444
down €6,444 (-90.2%), from €7,144 to €700
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 | €519,250 | €398,953 | -€120,297 | -23.2% |
| Fixed assets | 21/28 | €115,211 | €77,339 | -€37,872 | -32.9% |
| Tangible fixed assets | 22/27 | €75,669 | €41,714 | -€33,955 | -44.9% |
| Plant, machinery and equipment | 23 | €17,771 | €13,787 | -€3,984 | -22.4% |
| Furniture and vehicles | 24 | €30,272 | €21,588 | -€8,684 | -28.7% |
| Other tangible fixed assets | 26 | €27,626 | €6,339 | -€21,287 | -77.1% |
| Financial fixed assets | 28 | €39,541 | €35,625 | -€3,916 | -9.9% |
| Current assets | 29/58 | €404,039 | €321,614 | -€82,425 | -20.4% |
| Amounts receivable within one year | 40/41 | €211,888 | €105,470 | -€106,418 | -50.2% |
| Trade receivables | 40 | €211,888 | €78,512 | -€133,376 | -62.9% |
| Other amounts receivable | 41 | €0 | €26,958 | +€26,958 | +269579900.0% |
| Cash at bank and in hand | 54/58 | €189,311 | €213,592 | +€24,281 | +12.8% |
| Deferred charges and accrued income | 490/1 | €2,840 | €2,552 | -€288 | -10.1% |
| Total equity and liabilities | 10/49 | €519,250 | €398,953 | -€120,297 | -23.2% |
| Equity | 10/15 | €123,314 | €135,707 | +€12,393 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,000 | €129,000 | +€119,000 | +1190.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | - | €119,000 | +€119,000 | |
| Profit (loss) carried forward | 14 | €107,114 | €507 | -€106,607 | -99.5% |
| Amounts payable | 17/49 | €395,936 | €263,246 | -€132,690 | -33.5% |
| Amounts payable after more than one year | 17 | €17,407 | - | -€17,407 | |
| Other amounts payable | 178/9 | €17,407 | - | -€17,407 | |
| Amounts payable within one year | 42/48 | €378,529 | €263,246 | -€115,283 | -30.5% |
| Trade debts | 44 | €128,628 | €95,317 | -€33,311 | -25.9% |
| Suppliers | 440/4 | €128,628 | €95,317 | -€33,311 | -25.9% |
| Taxes, remuneration and social security | 45 | €83,252 | €93,227 | +€9,975 | +12.0% |
| Taxes | 450/3 | €79,934 | €85,234 | +€5,300 | +6.6% |
| Remuneration and social security | 454/9 | €3,318 | €7,993 | +€4,675 | +140.9% |
| Other amounts payable | 47/48 | €166,649 | €74,702 | -€91,947 | -55.2% |
| Non-recurring operating income | 76A | - | €18,515 | +€18,515 | |
| Remuneration, social security and pensions | 62 | €147,981 | €66,771 | -€81,210 | -54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,297 | €23,018 | -€38,279 | -62.4% |
| Other operating charges | 640/8 | €7,144 | €700 | -€6,444 | -90.2% |
| Non-recurring operating charges | 66A | €23,937 | €64,113 | +€40,176 | +167.8% |
| Gross operating margin | 9900 | €484,733 | €191,474 | -€293,259 | -60.5% |
| Operating profit (loss) | 9901 | €244,373 | €36,872 | -€207,501 | -84.9% |
| Financial income | 75/76B | - | €202 | +€202 | |
| Recurring financial income | 75 | - | €202 | +€202 | |
| Financial charges | 65/66B | €1,534 | €4,045 | +€2,511 | +163.7% |
| Recurring financial charges | 65 | €1,534 | €4,045 | +€2,511 | +163.7% |
| Profit (loss) for the period before taxes | 9903 | €242,839 | €33,029 | -€209,810 | -86.4% |
| Income taxes | 67/77 | €68,503 | €7,636 | -€60,867 | -88.9% |
| Profit (loss) for the period | 9904 | €174,336 | €25,393 | -€148,943 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €174,336 | €25,393 | -€148,943 | -85.4% |
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 12 October 2026 via checked.be.