TICA: 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.
TICA
Largest movements
- Tangible fixed assets -€4,206
down €4,206 (-21.0%), from €20,073 to €15,867
- Other debts +€7,710
up €7,710 (+31.3%), from €24,651 to €32,361
- Profit (loss) carried forward -€7,400
down €7,400 (-18.1%), from -€40,989 to -€48,389
- Current portion of long-term debt -€5,177
no longer reported in 2025 (was €5,177)
- Trade debts +€1,022
up €1,022 (+59.4%), from €1,720 to €2,742
- Short-term financial debts -€508
down €508 (-5.1%), from €9,973 to €9,465
- Gross operating margin +€2,247
up €2,247 (+71.6%), from -€3,139 to -€893
- Depreciation -€959
down €959 (-18.6%), from €5,166 to €4,206
- Financial charges -€764
down €764 (-29.4%), from €2,603 to €1,839
- Other operating charges -€195
down €195 (-29.7%), from €656 to €462
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,073 | €16,666 | -€4,407 | -20.9% |
| Fixed assets | 21/28 | €20,776 | €16,570 | -€4,206 | -20.2% |
| Tangible fixed assets | 22/27 | €20,073 | €15,867 | -€4,206 | -21.0% |
| Plant, machinery and equipment | 23 | €9,846 | €7,803 | -€2,042 | -20.7% |
| Furniture and vehicles | 24 | €198 | €80 | -€118 | -59.5% |
| Other tangible fixed assets | 26 | €10,030 | €7,983 | -€2,046 | -20.4% |
| Financial fixed assets | 28 | €703 | €703 | = | 0.0% |
| Current assets | 29/58 | €297 | €96 | -€201 | -67.6% |
| Amounts receivable within one year | 40/41 | €297 | €96 | -€201 | -67.6% |
| Other amounts receivable | 41 | €297 | €96 | -€201 | -67.6% |
| Total equity and liabilities | 10/49 | €21,073 | €16,666 | -€4,407 | -20.9% |
| Equity | 10/15 | -€20,503 | -€27,903 | -€7,400 | -36.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,886 | €1,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26 | €26 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,989 | -€48,389 | -€7,400 | -18.1% |
| Amounts payable | 17/49 | €41,576 | €44,569 | +€2,993 | +7.2% |
| Amounts payable within one year | 42/48 | €41,576 | €44,569 | +€2,993 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €5,177 | - | -€5,177 | |
| Financial debts | 43 | €9,973 | €9,465 | -€508 | -5.1% |
| Credit institutions | 430/8 | €9,973 | €9,465 | -€508 | -5.1% |
| Trade debts | 44 | €1,720 | €2,742 | +€1,022 | +59.4% |
| Suppliers | 440/4 | €1,720 | €2,742 | +€1,022 | +59.4% |
| Taxes, remuneration and social security | 45 | €55 | - | -€55 | |
| Taxes | 450/3 | €55 | - | -€55 | |
| Other amounts payable | 47/48 | €24,651 | €32,361 | +€7,710 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,166 | €4,206 | -€959 | -18.6% |
| Other operating charges | 640/8 | €656 | €462 | -€195 | -29.7% |
| Gross operating margin | 9900 | -€3,139 | -€893 | +€2,247 | +71.6% |
| Operating profit (loss) | 9901 | -€8,961 | -€5,561 | +€3,400 | +37.9% |
| Financial charges | 65/66B | €2,603 | €1,839 | -€764 | -29.4% |
| Recurring financial charges | 65 | €2,603 | €1,839 | -€764 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,565 | -€7,400 | +€4,165 | +36.0% |
| Profit (loss) for the period | 9904 | -€11,565 | -€7,400 | +€4,165 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,565 | -€7,400 | +€4,165 | +36.0% |
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 29 September 2026 via checked.be.