Tin Systems: 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.
Tin Systems
Largest movements
- Receivables after one year -€60,000
no longer reported in 2025 (was €60,000)
- Receivables within one year +€36,681
up €36,681 (+3145.5%), from €1,166 to €37,847
- Cash +€21,897
up €21,897 (+42.7%), from €51,258 to €73,155
mainly Receivables after one year (+€60,000) and Net result for the year (+€58,187)
- Tangible fixed assets +€3,615
up €3,615 (+8.3%), from €43,646 to €47,261
of which Other tangible fixed assets: +€14,729
- Other debts +€55,743
up €55,743 (+2280.3%), from €2,445 to €58,187
- Profit (loss) carried forward -€41,726
no longer reported in 2025 (was €41,726)
- Tax, wage and social debts -€11,393
down €11,393 (-96.0%), from €11,868 to €475
- Gross operating margin +€21,601
up €21,601 (+33.7%), from €64,066 to €85,667
- Taxes +€3,689
up €3,689 (+32.5%), from €11,341 to €15,030
- Depreciation +€1,422
up €1,422 (+12.2%), from €11,651 to €13,073
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 | €157,711 | €160,077 | +€2,366 | +1.5% |
| Fixed assets | 21/28 | €43,646 | €47,261 | +€3,615 | +8.3% |
| Tangible fixed assets | 22/27 | €43,646 | €47,261 | +€3,615 | +8.3% |
| Plant, machinery and equipment | 23 | €2,475 | €2,315 | -€160 | -6.5% |
| Furniture and vehicles | 24 | €41,171 | €30,217 | -€10,954 | -26.6% |
| Other tangible fixed assets | 26 | - | €14,729 | +€14,729 | |
| Current assets | 29/58 | €114,065 | €112,817 | -€1,249 | -1.1% |
| Amounts receivable after more than one year | 29 | €60,000 | - | -€60,000 | |
| Other amounts receivable | 291 | €60,000 | - | -€60,000 | |
| Amounts receivable within one year | 40/41 | €1,166 | €37,847 | +€36,681 | +3145.5% |
| Other amounts receivable | 41 | €1,166 | €37,847 | +€36,681 | +3145.5% |
| Cash at bank and in hand | 54/58 | €51,258 | €73,155 | +€21,897 | +42.7% |
| Deferred charges and accrued income | 490/1 | €1,642 | €1,815 | +€173 | +10.5% |
| Total equity and liabilities | 10/49 | €157,711 | €160,077 | +€2,366 | +1.5% |
| Equity | 10/15 | €141,986 | €100,261 | -€41,726 | -29.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €99,261 | €99,261 | = | 0.0% |
| Distributable reserves | 133 | €99,261 | €99,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,726 | - | -€41,726 | |
| Amounts payable | 17/49 | €15,725 | €59,817 | +€44,092 | +280.4% |
| Amounts payable within one year | 42/48 | €15,725 | €59,817 | +€44,092 | +280.4% |
| Trade debts | 44 | €1,413 | €1,155 | -€258 | -18.2% |
| Suppliers | 440/4 | €1,413 | €1,155 | -€258 | -18.2% |
| Taxes, remuneration and social security | 45 | €11,868 | €475 | -€11,393 | -96.0% |
| Taxes | 450/3 | €11,868 | €475 | -€11,393 | -96.0% |
| Other amounts payable | 47/48 | €2,445 | €58,187 | +€55,743 | +2280.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,651 | €13,073 | +€1,422 | +12.2% |
| Other operating charges | 640/8 | €161 | €451 | +€290 | +180.6% |
| Gross operating margin | 9900 | €64,066 | €85,667 | +€21,601 | +33.7% |
| Operating profit (loss) | 9901 | €52,254 | €72,143 | +€19,888 | +38.1% |
| Financial income | 75/76B | €864 | €1,121 | +€257 | +29.7% |
| Recurring financial income | 75 | €864 | €1,121 | +€257 | +29.7% |
| Financial charges | 65/66B | €52 | €47 | -€5 | -10.4% |
| Recurring financial charges | 65 | €52 | €47 | -€5 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €53,067 | €73,217 | +€20,151 | +38.0% |
| Income taxes | 67/77 | €11,341 | €15,030 | +€3,689 | +32.5% |
| Profit (loss) for the period | 9904 | €41,726 | €58,187 | +€16,462 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,726 | €58,187 | +€16,462 | +39.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.