TiKiT: what changed
TiKiT
Largest movements
- Cash +€20,115
up €20,115 (+78.2%), from €25,718 to €45,833
mainly Net result for the year (+€43,503) and Depreciation (+€11,232)
- Receivables within one year +€17,533
up €17,533 (+106%), from €16,605 to €34,138
of which Other amounts receivable: +€15,502
- Intangible fixed assets -€10,000
down €10,000 (-66.7%), from €14,986 to €4,986
- Tangible fixed assets -€1,232
down €1,232 (-71.0%), from €1,736 to €503
- Financial fixed assets +€900
new in 2025: €900
- Reserves +€43,503
up €43,503 (+175%), from €24,868 to €68,371
- Contributions -€21,000
down €21,000 (-87.5%), from €24,000 to €3,000
- Other debts +€3,810
up €3,810 (+286%), from €1,332 to €5,142
- Trade debts +€2,365
up €2,365 (+39.2%), from €6,032 to €8,397
- Gross operating margin +€27,440
up €27,440 (+63.2%), from €43,447 to €70,887
- Financial income -€6,335
no longer reported in 2025 (was €6,335)
- Taxes +€3,431
up €3,431 (+33.8%), from €10,147 to €13,578
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,045 | €86,361 | +€27,316 | +46.3% |
| Fixed assets | 21/28 | €16,722 | €6,390 | -€10,332 | -61.8% |
| Intangible fixed assets | 21 | €14,986 | €4,986 | -€10,000 | -66.7% |
| Tangible fixed assets | 22/27 | €1,736 | €503 | -€1,232 | -71.0% |
| Furniture and vehicles | 24 | €1,736 | €503 | -€1,232 | -71.0% |
| Financial fixed assets | 28 | - | €900 | +€900 | |
| Current assets | 29/58 | €42,323 | €79,971 | +€37,648 | +89.0% |
| Amounts receivable within one year | 40/41 | €16,605 | €34,138 | +€17,533 | +106% |
| Trade receivables | 40 | €3,800 | €5,831 | +€2,031 | +53.4% |
| Other amounts receivable | 41 | €12,806 | €28,308 | +€15,502 | +121% |
| Cash at bank and in hand | 54/58 | €25,718 | €45,833 | +€20,115 | +78.2% |
| Total equity and liabilities | 10/49 | €59,045 | €86,361 | +€27,316 | +46.3% |
| Equity | 10/15 | €49,774 | €72,277 | +€22,503 | +45.2% |
| Contributions | 10/11 | €24,000 | €3,000 | -€21,000 | -87.5% |
| Reserves | 13 | €24,868 | €68,371 | +€43,503 | +175% |
| Distributable reserves | 133 | €24,868 | €68,371 | +€43,503 | +175% |
| Profit (loss) carried forward | 14 | €906 | €906 | = | 0.0% |
| Amounts payable | 17/49 | €9,271 | €14,084 | +€4,813 | +51.9% |
| Amounts payable after more than one year | 17 | €558 | - | -€558 | |
| Financial debts | 170/4 | €558 | - | -€558 | |
| Amounts payable within one year | 42/48 | €8,713 | €14,084 | +€5,371 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | €1,349 | €545 | -€804 | -59.6% |
| Trade debts | 44 | €6,032 | €8,397 | +€2,365 | +39.2% |
| Suppliers | 440/4 | €6,032 | €8,397 | +€2,365 | +39.2% |
| Other amounts payable | 47/48 | €1,332 | €5,142 | +€3,810 | +286% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,232 | €11,232 | = | 0.0% |
| Other operating charges | 640/8 | €2,572 | €2,114 | -€458 | -17.8% |
| Gross operating margin | 9900 | €43,447 | €70,887 | +€27,440 | +63.2% |
| Operating profit (loss) | 9901 | €29,643 | €57,541 | +€27,898 | +94.1% |
| Financial income | 75/76B | €6,335 | - | -€6,335 | |
| Recurring financial income | 75 | €6,335 | - | -€6,335 | |
| Financial charges | 65/66B | €963 | €461 | -€502 | -52.2% |
| Recurring financial charges | 65 | €963 | €461 | -€502 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €35,015 | €57,080 | +€22,066 | +63.0% |
| Income taxes | 67/77 | €10,147 | €13,578 | +€3,431 | +33.8% |
| Profit (loss) for the period | 9904 | €24,868 | €43,503 | +€18,635 | +74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,868 | €43,503 | +€18,635 | +74.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.