TIKI CONSTRUCT: 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.
TIKI CONSTRUCT
Largest movements
- Stocks and contracts +€3.1m
up €3.1m (+429.4%), from €722,817 to €3.8m
- Cash +€190,798
up €190,798 (+272.9%), from €69,923 to €260,721
mainly Short-term financial debts (+€3.5m) and Net result for the year (+€18,415)
- Short-term financial debts +€3.5m
up €3.5m (+2214.1%), from €157,547 to €3.6m
- Other debts -€183,361
down €183,361 (-83.9%), from €218,545 to €35,184
- Accrued charges and deferred income -€70,000
no longer reported in 2025 (was €70,000)
- Gross operating margin -€133,305
down €133,305 (-79.6%), from €167,370 to €34,065
- Financial charges -€81,737
down €81,737 (-95.4%), from €85,667 to €3,930
- Taxes -€15,298
down €15,298 (-69.5%), from €22,002 to €6,704
- Other operating charges +€3,766
up €3,766 (+301.3%), from €1,250 to €5,016
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 | €835,642 | €4,123,620 | +€3.3m | +393.5% |
| Current assets | 29/58 | €835,642 | €4,123,620 | +€3.3m | +393.5% |
| Stocks and contracts in progress | 3 | €722,817 | €3,826,784 | +€3.1m | +429.4% |
| Stocks | 30/36 | €722,817 | €3,826,784 | +€3.1m | +429.4% |
| Amounts receivable within one year | 40/41 | €15,310 | €7,420 | -€7,890 | -51.5% |
| Trade receivables | 40 | €15,310 | €7,420 | -€7,890 | -51.5% |
| Cash at bank and in hand | 54/58 | €69,923 | €260,721 | +€190,798 | +272.9% |
| Deferred charges and accrued income | 490/1 | €27,592 | €28,696 | +€1,104 | +4.0% |
| Total equity and liabilities | 10/49 | €835,642 | €4,123,620 | +€3.3m | +393.5% |
| Equity | 10/15 | €240,666 | €259,081 | +€18,415 | +7.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,666 | €159,081 | +€18,415 | +13.1% |
| Amounts payable | 17/49 | €594,976 | €3,864,539 | +€3.3m | +549.5% |
| Amounts payable within one year | 42/48 | €524,976 | €3,864,539 | +€3.3m | +636.1% |
| Financial debts | 43 | €157,547 | €3,645,800 | +€3.5m | +2214.1% |
| Credit institutions | 430/8 | €157,547 | €3,645,800 | +€3.5m | +2214.1% |
| Trade debts | 44 | €126,882 | €145,029 | +€18,146 | +14.3% |
| Suppliers | 440/4 | €126,882 | €145,029 | +€18,146 | +14.3% |
| Taxes, remuneration and social security | 45 | €22,002 | €38,527 | +€16,525 | +75.1% |
| Taxes | 450/3 | €22,002 | €38,527 | +€16,525 | +75.1% |
| Other amounts payable | 47/48 | €218,545 | €35,184 | -€183,361 | -83.9% |
| Accrued charges and deferred income | 492/3 | €70,000 | - | -€70,000 | |
| Other operating charges | 640/8 | €1,250 | €5,016 | +€3,766 | +301.3% |
| Gross operating margin | 9900 | €167,370 | €34,065 | -€133,305 | -79.6% |
| Operating profit (loss) | 9901 | €166,120 | €29,049 | -€137,071 | -82.5% |
| Financial charges | 65/66B | €85,667 | €3,930 | -€81,737 | -95.4% |
| Recurring financial charges | 65 | €85,667 | €3,930 | -€81,737 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | €80,453 | €25,119 | -€55,334 | -68.8% |
| Income taxes | 67/77 | €22,002 | €6,704 | -€15,298 | -69.5% |
| Profit (loss) for the period | 9904 | €58,451 | €18,415 | -€40,036 | -68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,451 | €18,415 | -€40,036 | -68.5% |
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 12 October 2026 via checked.be.