TICH Concept: 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.
TICH Concept
Largest movements
- Cash +€76,767
up €76,767 (+16.7%), from €460,557 to €537,324
mainly Net result for the year (+€137,422) and Depreciation (+€25,753)
- Tangible fixed assets +€17,725
up €17,725 (+6.5%), from €272,549 to €290,274
of which Other tangible fixed assets: +€33,230
- Profit (loss) carried forward +€137,422
up €137,422 (+22.7%), from €606,200 to €743,622
- Other debts -€40,210
down €40,210 (-80.9%), from €49,730 to €9,520
- Tax, wage and social debts -€23,417
down €23,417 (-44.0%), from €53,200 to €29,783
of which Taxes: -€28,856
- Trade debts +€18,667
up €18,667 (+88.1%), from €21,186 to €39,853
- Taxes -€63,682
down €63,682, from €32,272 to -€31,410
- Staff costs +€50,075
up €50,075 (+27.8%), from €180,200 to €230,275
- Gross operating margin -€19,696
down €19,696 (-4.8%), from €410,691 to €390,995
- Financial charges +€15,292
up €15,292 (+97.2%), from €15,728 to €31,020
- Depreciation +€10,762
up €10,762 (+71.8%), from €14,991 to €25,753
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 | €738,376 | €830,838 | +€92,462 | +12.5% |
| Fixed assets | 21/28 | €272,549 | €290,274 | +€17,725 | +6.5% |
| Tangible fixed assets | 22/27 | €272,549 | €290,274 | +€17,725 | +6.5% |
| Land and buildings | 22 | €182,339 | €173,089 | -€9,250 | -5.1% |
| Plant, machinery and equipment | 23 | €575 | - | -€575 | |
| Furniture and vehicles | 24 | €35,465 | €29,785 | -€5,680 | -16.0% |
| Other tangible fixed assets | 26 | €54,170 | €87,400 | +€33,230 | +61.3% |
| Current assets | 29/58 | €465,827 | €540,564 | +€74,737 | +16.0% |
| Stocks and contracts in progress | 3 | €5,270 | €3,240 | -€2,030 | -38.5% |
| Stocks | 30/36 | €5,270 | €3,240 | -€2,030 | -38.5% |
| Cash at bank and in hand | 54/58 | €460,557 | €537,324 | +€76,767 | +16.7% |
| Total equity and liabilities | 10/49 | €738,376 | €830,838 | +€92,462 | +12.5% |
| Equity | 10/15 | €614,260 | €751,682 | +€137,422 | +22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €606,200 | €743,622 | +€137,422 | +22.7% |
| Amounts payable | 17/49 | €124,116 | €79,156 | -€44,960 | -36.2% |
| Amounts payable within one year | 42/48 | €124,116 | €79,156 | -€44,960 | -36.2% |
| Trade debts | 44 | €21,186 | €39,853 | +€18,667 | +88.1% |
| Suppliers | 440/4 | €21,186 | €39,853 | +€18,667 | +88.1% |
| Taxes, remuneration and social security | 45 | €53,200 | €29,783 | -€23,417 | -44.0% |
| Taxes | 450/3 | €37,569 | €8,713 | -€28,856 | -76.8% |
| Remuneration and social security | 454/9 | €15,631 | €21,070 | +€5,439 | +34.8% |
| Other amounts payable | 47/48 | €49,730 | €9,520 | -€40,210 | -80.9% |
| Remuneration, social security and pensions | 62 | €180,200 | €230,275 | +€50,075 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,991 | €25,753 | +€10,762 | +71.8% |
| Other operating charges | 640/8 | €1,463 | €1,781 | +€318 | +21.7% |
| Gross operating margin | 9900 | €410,691 | €390,995 | -€19,696 | -4.8% |
| Operating profit (loss) | 9901 | €214,037 | €133,186 | -€80,851 | -37.8% |
| Financial income | 75/76B | €54 | €3,846 | +€3,792 | +7022.2% |
| Recurring financial income | 75 | €54 | €3,846 | +€3,792 | +7022.2% |
| Financial charges | 65/66B | €15,728 | €31,020 | +€15,292 | +97.2% |
| Recurring financial charges | 65 | €15,728 | €31,020 | +€15,292 | +97.2% |
| Profit (loss) for the period before taxes | 9903 | €198,363 | €106,012 | -€92,351 | -46.6% |
| Income taxes | 67/77 | €32,272 | -€31,410 | -€63,682 | |
| Profit (loss) for the period | 9904 | €166,091 | €137,422 | -€28,669 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €166,091 | €137,422 | -€28,669 | -17.3% |
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 9 October 2026 via checked.be.