TIKANIS: 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.
TIKANIS
Largest movements
- Tangible fixed assets -€63,442
down €63,442 (-3.1%), from €2.1m to €2.0m
- Receivables after one year -€29,536
no longer reported in 2025 (was €29,536)
- Cash +€24,766
up €24,766 (+49.6%), from €49,963 to €74,729
mainly Depreciation (+€63,442) and Receivables after one year (+€29,536)
- Receivables within one year -€24,712
down €24,712 (-97.9%), from €25,240 to €529
- Debts after one year -€91,685
down €91,685 (-81.6%), from €112,339 to €20,654
- Financial income +€12,332
up €12,332 (+205.2%), from €6,009 to €18,341
- Gross operating margin -€5,846
down €5,846 (-8.3%), from €70,763 to €64,917
- Taxes +€3,950
up €3,950 (+248.6%), from €1,589 to €5,539
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 | €2,374,496 | €2,293,683 | -€80,813 | -3.4% |
| Fixed assets | 21/28 | €2,061,462 | €1,998,020 | -€63,442 | -3.1% |
| Tangible fixed assets | 22/27 | €2,061,462 | €1,998,020 | -€63,442 | -3.1% |
| Land and buildings | 22 | €2,061,462 | €1,998,020 | -€63,442 | -3.1% |
| Current assets | 29/58 | €313,033 | €295,663 | -€17,371 | -5.5% |
| Amounts receivable after more than one year | 29 | €29,536 | - | -€29,536 | |
| Other amounts receivable | 291 | €29,536 | - | -€29,536 | |
| Amounts receivable within one year | 40/41 | €25,240 | €529 | -€24,712 | -97.9% |
| Other amounts receivable | 41 | €25,240 | €529 | -€24,712 | -97.9% |
| Current investments | 50/53 | €206,069 | €220,405 | +€14,336 | +7.0% |
| Cash at bank and in hand | 54/58 | €49,963 | €74,729 | +€24,766 | +49.6% |
| Deferred charges and accrued income | 490/1 | €2,225 | - | -€2,225 | |
| Total equity and liabilities | 10/49 | €2,374,496 | €2,293,683 | -€80,813 | -3.4% |
| Equity | 10/15 | €2,251,743 | €2,263,612 | +€11,868 | +0.5% |
| Contributions | 10/11 | €655,634 | €655,634 | = | 0.0% |
| Reserves | 13 | €1,596,110 | €1,607,978 | +€11,868 | +0.7% |
| Distributable reserves | 133 | €1,596,110 | €1,607,978 | +€11,868 | +0.7% |
| Amounts payable | 17/49 | €122,752 | €30,071 | -€92,682 | -75.5% |
| Amounts payable after more than one year | 17 | €112,339 | €20,654 | -€91,685 | -81.6% |
| Financial debts | 170/4 | €112,339 | €20,654 | -€91,685 | -81.6% |
| Amounts payable within one year | 42/48 | €9,324 | €8,105 | -€1,219 | -13.1% |
| Trade debts | 44 | €2,179 | €152 | -€2,027 | -93.0% |
| Suppliers | 440/4 | €2,179 | €152 | -€2,027 | -93.0% |
| Taxes, remuneration and social security | 45 | €992 | - | -€992 | |
| Taxes | 450/3 | €992 | - | -€992 | |
| Other amounts payable | 47/48 | €6,153 | €7,953 | +€1,800 | +29.3% |
| Accrued charges and deferred income | 492/3 | €1,089 | €1,312 | +€223 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,442 | €63,442 | = | 0.0% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €70,763 | €64,917 | -€5,846 | -8.3% |
| Operating profit (loss) | 9901 | €6,227 | €348 | -€5,879 | -94.4% |
| Financial income | 75/76B | €6,009 | €18,341 | +€12,332 | +205.2% |
| Recurring financial income | 75 | €6,009 | €18,341 | +€12,332 | +205.2% |
| Financial charges | 65/66B | €1,122 | €1,281 | +€160 | +14.2% |
| Recurring financial charges | 65 | €1,122 | €1,281 | +€160 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €11,114 | €17,407 | +€6,293 | +56.6% |
| Income taxes | 67/77 | €1,589 | €5,539 | +€3,950 | +248.6% |
| Profit (loss) for the period | 9904 | €9,525 | €11,868 | +€2,343 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,525 | €11,868 | +€2,343 | +24.6% |
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.