TICHAN: 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.
TICHAN
Largest movements
- Cash -€128,364
down €128,364 (-64.1%), from €200,351 to €71,986
mainly Contributions, distributions and other (-€251,122) and Receivables within one year (-€857)
- Reserves -€156,460
down €156,460 (-100.0%), from €156,460 to €0
- Other debts +€25,332
up €25,332 (+36.4%), from €69,550 to €94,882
- Gross operating margin +€34,253
up €34,253 (+38.2%), from €89,614 to €123,868
- Taxes +€8,153
up €8,153 (+42.6%), from €19,134 to €27,287
- Depreciation -€1,371
down €1,371 (-60.5%), from €2,267 to €896
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 | €240,165 | €111,586 | -€128,579 | -53.5% |
| Fixed assets | 21/28 | €1,167 | €271 | -€896 | -76.8% |
| Tangible fixed assets | 22/27 | €1,167 | €271 | -€896 | -76.8% |
| Furniture and vehicles | 24 | €1,167 | €271 | -€896 | -76.8% |
| Current assets | 29/58 | €238,998 | €111,315 | -€127,683 | -53.4% |
| Amounts receivable within one year | 40/41 | €35,956 | €36,813 | +€857 | +2.4% |
| Trade receivables | 40 | €35,090 | €36,300 | +€1,210 | +3.4% |
| Other amounts receivable | 41 | €866 | €513 | -€353 | -40.8% |
| Cash at bank and in hand | 54/58 | €200,351 | €71,986 | -€128,364 | -64.1% |
| Deferred charges and accrued income | 490/1 | €2,691 | €2,515 | -€176 | -6.5% |
| Total equity and liabilities | 10/49 | €240,165 | €111,586 | -€128,579 | -53.5% |
| Equity | 10/15 | €156,960 | €500 | -€156,460 | -99.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €156,460 | €0 | -€156,460 | -100.0% |
| Distributable reserves | 133 | €156,460 | €0 | -€156,460 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,205 | €111,086 | +€27,881 | +33.5% |
| Amounts payable within one year | 42/48 | €83,205 | €111,086 | +€27,881 | +33.5% |
| Financial debts | 43 | €5,106 | €6,773 | +€1,667 | +32.6% |
| Credit institutions | 430/8 | €5,106 | €6,773 | +€1,667 | +32.6% |
| Trade debts | 44 | €323 | €520 | +€197 | +61.1% |
| Suppliers | 440/4 | €323 | €520 | +€197 | +61.1% |
| Taxes, remuneration and social security | 45 | €8,226 | €8,912 | +€685 | +8.3% |
| Taxes | 450/3 | €8,226 | €8,912 | +€685 | +8.3% |
| Other amounts payable | 47/48 | €69,550 | €94,882 | +€25,332 | +36.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,267 | €896 | -€1,371 | -60.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €89,614 | €123,868 | +€34,253 | +38.2% |
| Operating profit (loss) | 9901 | €86,842 | €122,452 | +€35,610 | +41.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €472 | €504 | +€32 | +6.7% |
| Recurring financial charges | 65 | €472 | €504 | +€32 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €86,370 | €121,949 | +€35,579 | +41.2% |
| Income taxes | 67/77 | €19,134 | €27,287 | +€8,153 | +42.6% |
| Profit (loss) for the period | 9904 | €67,237 | €94,662 | +€27,425 | +40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,237 | €94,662 | +€27,425 | +40.8% |
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 6 October 2026 via checked.be.