TIKZ: 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.
TIKZ
Largest movements
- Current investments +€161,141
new in 2025: €161,141
- Cash -€90,418
down €90,418 (-59.0%), from €153,313 to €62,895
mainly Current investments (-€161,141) and Other debts (-€3,582)
- Tangible fixed assets -€16,440
down €16,440 (-21.0%), from €78,312 to €61,872
of which Furniture and vehicles: -€17,767
- Receivables within one year -€4,982
down €4,982 (-92.9%), from €5,366 to €384
- Reserves +€55,000
up €55,000 (+26.1%), from €211,000 to €266,000
- Other debts -€3,582
no longer reported in 2025 (was €3,582)
- Tax, wage and social debts -€2,921
down €2,921 (-15.4%), from €19,023 to €16,102
- Depreciation +€6,381
up €6,381 (+54.3%), from €11,745 to €18,127
- Gross operating margin +€4,779
up €4,779 (+5.2%), from €91,147 to €95,927
- Financial income +€1,253
new in 2025: €1,253
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 | €237,666 | €286,711 | +€49,045 | +20.6% |
| Fixed assets | 21/28 | €78,312 | €61,872 | -€16,440 | -21.0% |
| Tangible fixed assets | 22/27 | €78,312 | €61,872 | -€16,440 | -21.0% |
| Plant, machinery and equipment | 23 | €910 | €2,236 | +€1,326 | +145.8% |
| Furniture and vehicles | 24 | €77,402 | €59,636 | -€17,767 | -23.0% |
| Current assets | 29/58 | €159,354 | €224,839 | +€65,485 | +41.1% |
| Amounts receivable within one year | 40/41 | €5,366 | €384 | -€4,982 | -92.9% |
| Other amounts receivable | 41 | €5,366 | €384 | -€4,982 | -92.9% |
| Current investments | 50/53 | - | €161,141 | +€161,141 | |
| Cash at bank and in hand | 54/58 | €153,313 | €62,895 | -€90,418 | -59.0% |
| Deferred charges and accrued income | 490/1 | €675 | €420 | -€255 | -37.8% |
| Total equity and liabilities | 10/49 | €237,666 | €286,711 | +€49,045 | +20.6% |
| Equity | 10/15 | €214,834 | €270,609 | +€55,775 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,000 | €266,000 | +€55,000 | +26.1% |
| Distributable reserves | 133 | €211,000 | €266,000 | +€55,000 | +26.1% |
| Profit (loss) carried forward | 14 | -€14,766 | -€13,991 | +€775 | +5.2% |
| Amounts payable | 17/49 | €22,832 | €16,102 | -€6,730 | -29.5% |
| Amounts payable within one year | 42/48 | €22,832 | €16,102 | -€6,730 | -29.5% |
| Trade debts | 44 | €226 | - | -€226 | |
| Suppliers | 440/4 | €226 | - | -€226 | |
| Taxes, remuneration and social security | 45 | €19,023 | €16,102 | -€2,921 | -15.4% |
| Taxes | 450/3 | €19,023 | €16,102 | -€2,921 | -15.4% |
| Other amounts payable | 47/48 | €3,582 | - | -€3,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,745 | €18,127 | +€6,381 | +54.3% |
| Other operating charges | 640/8 | €1,679 | €1,876 | +€197 | +11.7% |
| Non-recurring operating charges | 66A | €3,966 | - | -€3,966 | |
| Gross operating margin | 9900 | €91,147 | €95,927 | +€4,779 | +5.2% |
| Operating profit (loss) | 9901 | €73,757 | €75,924 | +€2,167 | +2.9% |
| Financial income | 75/76B | - | €1,253 | +€1,253 | |
| Recurring financial income | 75 | - | €1,253 | +€1,253 | |
| Financial charges | 65/66B | €175 | €169 | -€6 | -3.4% |
| Recurring financial charges | 65 | €175 | €169 | -€6 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €73,582 | €77,008 | +€3,426 | +4.7% |
| Income taxes | 67/77 | €20,993 | €21,232 | +€239 | +1.1% |
| Profit (loss) for the period | 9904 | €52,589 | €55,775 | +€3,187 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,589 | €55,775 | +€3,187 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.