Tching De Luxe: 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.
Tching De Luxe
Largest movements
- Receivables within one year -€66,133
down €66,133 (-72.8%), from €90,812 to €24,679
of which Trade receivables: -€66,133
- Stocks and contracts -€10,937
down €10,937 (-10.6%), from €103,190 to €92,254
- Tangible fixed assets -€8,406
down €8,406 (-22.0%), from €38,158 to €29,751
of which Furniture and vehicles: -€6,402
- Debts after one year -€42,022
down €42,022 (-17.8%), from €235,796 to €193,775
of which Other amounts payable: -€39,431
- Trade debts -€35,635
down €35,635 (-99.6%), from €35,763 to €128
- Profit (loss) carried forward +€9,351
up €9,351 (+16.6%), from -€56,200 to -€46,850
- Advances received -€8,274
down €8,274 (-100%), from €8,274 to €0
- Tax, wage and social debts -€5,363
down €5,363 (-64.4%), from €8,329 to €2,965
- Gross operating margin -€12,718
down €12,718 (-38.8%), from €32,754 to €20,036
- Financial charges -€616
down €616 (-53.1%), from €1,161 to €545
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 | €242,314 | €156,609 | -€85,705 | -35.4% |
| Fixed assets | 21/28 | €40,108 | €31,126 | -€8,982 | -22.4% |
| Intangible fixed assets | 21 | €1,320 | €665 | -€656 | -49.7% |
| Tangible fixed assets | 22/27 | €38,158 | €29,751 | -€8,406 | -22.0% |
| Plant, machinery and equipment | 23 | €12,963 | €10,959 | -€2,004 | -15.5% |
| Furniture and vehicles | 24 | €25,195 | €18,793 | -€6,402 | -25.4% |
| Financial fixed assets | 28 | €630 | €710 | +€80 | +12.7% |
| Current assets | 29/58 | €202,206 | €125,483 | -€76,723 | -37.9% |
| Stocks and contracts in progress | 3 | €103,190 | €92,254 | -€10,937 | -10.6% |
| Stocks | 30/36 | €103,190 | €92,254 | -€10,937 | -10.6% |
| Amounts receivable within one year | 40/41 | €90,812 | €24,679 | -€66,133 | -72.8% |
| Trade receivables | 40 | €90,812 | €24,679 | -€66,133 | -72.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,699 | €7,515 | -€184 | -2.4% |
| Deferred charges and accrued income | 490/1 | €504 | €1,036 | +€531 | +105% |
| Total equity and liabilities | 10/49 | €242,314 | €156,609 | -€85,705 | -35.4% |
| Equity | 10/15 | -€52,200 | -€42,850 | +€9,351 | +17.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,200 | -€46,850 | +€9,351 | +16.6% |
| Amounts payable | 17/49 | €294,514 | €199,459 | -€95,055 | -32.3% |
| Amounts payable after more than one year | 17 | €235,796 | €193,775 | -€42,022 | -17.8% |
| Financial debts | 170/4 | €2,591 | €0 | -€2,591 | -100% |
| Other amounts payable | 178/9 | €233,206 | €193,775 | -€39,431 | -16.9% |
| Amounts payable within one year | 42/48 | €58,514 | €5,684 | -€52,830 | -90.3% |
| Current portion of amounts payable after more than one year | 42 | €6,149 | €2,591 | -€3,559 | -57.9% |
| Trade debts | 44 | €35,763 | €128 | -€35,635 | -99.6% |
| Suppliers | 440/4 | €35,763 | €128 | -€35,635 | -99.6% |
| Advances received on contracts in progress | 46 | €8,274 | €0 | -€8,274 | -100% |
| Taxes, remuneration and social security | 45 | €8,329 | €2,965 | -€5,363 | -64.4% |
| Taxes | 450/3 | €8,329 | €2,965 | -€5,363 | -64.4% |
| Accrued charges and deferred income | 492/3 | €203 | €0 | -€203 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,062 | €9,062 | = | 0.0% |
| Other operating charges | 640/8 | €826 | €1,148 | +€321 | +38.9% |
| Gross operating margin | 9900 | €32,754 | €20,036 | -€12,718 | -38.8% |
| Operating profit (loss) | 9901 | €22,866 | €9,827 | -€13,040 | -57.0% |
| Financial income | 75/76B | €37 | €69 | +€32 | +87.7% |
| Recurring financial income | 75 | €37 | €69 | +€32 | +87.7% |
| Financial charges | 65/66B | €1,161 | €545 | -€616 | -53.1% |
| Recurring financial charges | 65 | €1,161 | €545 | -€616 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | €21,742 | €9,351 | -€12,391 | -57.0% |
| Profit (loss) for the period | 9904 | €21,742 | €9,351 | -€12,391 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,742 | €9,351 | -€12,391 | -57.0% |
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 30 October 2026 via checked.be.