TIC Council: 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.
TIC Council
Largest movements
- Cash -€574,401
down €574,401 (-51.1%), from €1.1m to €550,069
mainly Receivables within one year (-€434,074) and Trade debts (-€135,386)
- Receivables within one year +€434,074
up €434,074 (+30.0%), from €1.4m to €1.9m
of which Trade receivables: +€419,162
- Current investments +€100,000
up €100,000 (+52.0%), from €192,133 to €292,133
- Tangible fixed assets -€61,097
down €61,097 (-6.8%), from €902,300 to €841,202
of which Land and buildings: -€48,835
- Trade debts -€135,386
down €135,386 (-81.3%), from €166,619 to €31,233
- Profit (loss) carried forward +€42,529
up €42,529 (+3.2%), from €1.3m to €1.4m
- Gross operating margin +€393,025
up €393,025 (+29.1%), from €1.4m to €1.7m
- Staff costs +€243,262
up €243,262 (+19.3%), from €1.3m to €1.5m
- Write-downs +€51,146
new in 2025: €51,146
- Financial charges +€48,918
up €48,918 (+466%), from €10,487 to €59,405
of which Financial charges: +€47,861
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 | €3,717,483 | €3,612,050 | -€105,433 | -2.8% |
| Fixed assets | 21/28 | €917,962 | €845,354 | -€72,608 | -7.9% |
| Intangible fixed assets | 21 | €11,733 | €223 | -€11,511 | -98.1% |
| Tangible fixed assets | 22/27 | €902,300 | €841,202 | -€61,097 | -6.8% |
| Land and buildings | 22 | €869,613 | €820,779 | -€48,835 | -5.6% |
| Plant, machinery and equipment | 23 | €23,607 | €15,522 | -€8,085 | -34.2% |
| Furniture and vehicles | 24 | €9,079 | €4,902 | -€4,177 | -46.0% |
| Financial fixed assets | 28 | €3,929 | €3,929 | = | 0.0% |
| Current assets | 29/58 | €2,799,521 | €2,766,696 | -€32,825 | -1.2% |
| Amounts receivable within one year | 40/41 | €1,447,957 | €1,882,030 | +€434,074 | +30.0% |
| Trade receivables | 40 | €1,440,008 | €1,859,170 | +€419,162 | +29.1% |
| Other amounts receivable | 41 | €7,949 | €22,861 | +€14,912 | +188% |
| Current investments | 50/53 | €192,133 | €292,133 | +€100,000 | +52.0% |
| Cash at bank and in hand | 54/58 | €1,124,469 | €550,069 | -€574,401 | -51.1% |
| Deferred charges and accrued income | 490/1 | €34,962 | €42,464 | +€7,502 | +21.5% |
| Total equity and liabilities | 10/49 | €3,717,483 | €3,612,050 | -€105,433 | -2.8% |
| Equity | 10/15 | €1,923,890 | €1,936,418 | +€12,529 | +0.7% |
| Profit (loss) carried forward | 14 | €1,332,081 | €1,374,610 | +€42,529 | +3.2% |
| Investment grants | 15 | €591,808 | €561,808 | -€30,000 | -5.1% |
| Amounts payable | 17/49 | €1,793,593 | €1,675,632 | -€117,962 | -6.6% |
| Amounts payable within one year | 42/48 | €340,437 | €220,732 | -€119,706 | -35.2% |
| Trade debts | 44 | €166,619 | €31,233 | -€135,386 | -81.3% |
| Suppliers | 440/4 | €166,619 | €31,233 | -€135,386 | -81.3% |
| Taxes, remuneration and social security | 45 | €173,818 | €189,499 | +€15,680 | +9.0% |
| Taxes | 450/3 | - | €569 | +€569 | |
| Remuneration and social security | 454/9 | €173,818 | €188,929 | +€15,111 | +8.7% |
| Accrued charges and deferred income | 492/3 | €1,453,156 | €1,454,900 | +€1,744 | +0.1% |
| Membership fees, donations, legacies and grants | 73 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,261,806 | €1,505,068 | +€243,262 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,737 | €77,266 | -€8,470 | -9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €51,146 | +€51,146 | |
| Other operating charges | 640/8 | €6,792 | €11,053 | +€4,261 | +62.7% |
| Gross operating margin | 9900 | €1,352,770 | €1,745,796 | +€393,025 | +29.1% |
| Operating profit (loss) | 9901 | -€1,563 | €101,263 | +€102,826 | |
| Financial income | 75/76B | €17,154 | €2,893 | -€14,261 | -83.1% |
| Recurring financial income | 75 | €17,154 | €2,893 | -€14,261 | -83.1% |
| Financial charges | 65/66B | €10,487 | €59,405 | +€48,918 | +466% |
| Recurring financial charges | 65 | €10,344 | €58,205 | +€47,861 | +463% |
| Non-recurring financial charges | 66B | €143 | €1,200 | +€1,057 | +739% |
| Profit (loss) for the period before taxes | 9903 | €5,103 | €44,751 | +€39,648 | +777% |
| Income taxes | 67/77 | €3,471 | €2,222 | -€1,248 | -36.0% |
| Profit (loss) for the period | 9904 | €1,633 | €42,529 | +€40,896 | +2,505% |
| Profit (loss) for the period to be appropriated | 9905 | €1,633 | €42,529 | +€40,896 | +2,505% |
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 26 October 2026 via checked.be.