TINA: 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.
TINA
Largest movements
- Receivables within one year +€41,137
up €41,137 (+282.3%), from €14,573 to €55,710
of which Trade receivables: +€40,543
- Cash -€7,195
down €7,195 (-30.4%), from €23,658 to €16,463
mainly Receivables within one year (-€41,137) and Tax, wage and social debts (-€5,087)
- Reserves +€26,554
up €26,554 (+996.8%), from €2,664 to €29,218
- Current portion of long-term debt +€11,000
new in 2025: €11,000
- Tax, wage and social debts -€5,087
down €5,087 (-47.9%), from €10,621 to €5,534
- Other debts +€1,234
up €1,234 (+17.8%), from €6,945 to €8,179
- Gross operating margin +€35,201
up €35,201 (+712.7%), from €4,939 to €40,140
- Taxes +€11,035
up €11,035 (+589.6%), from €1,872 to €12,906
- Other operating charges -€589
down €589 (-50.1%), from €1,174 to €585
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 | €38,921 | €72,850 | +€33,929 | +87.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €690 | €640 | -€50 | -7.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €690 | €640 | -€50 | -7.2% |
| Current assets | 29/58 | €38,231 | €72,210 | +€33,979 | +88.9% |
| Amounts receivable within one year | 40/41 | €14,573 | €55,710 | +€41,137 | +282.3% |
| Trade receivables | 40 | €13,937 | €54,480 | +€40,543 | +290.9% |
| Other amounts receivable | 41 | €636 | €1,230 | +€594 | +93.3% |
| Cash at bank and in hand | 54/58 | €23,658 | €16,463 | -€7,195 | -30.4% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €38,921 | €72,850 | +€33,929 | +87.2% |
| Equity | 10/15 | €21,256 | €47,810 | +€26,554 | +124.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,664 | €29,218 | +€26,554 | +996.8% |
| Distributable reserves | 133 | €2,664 | €29,218 | +€26,554 | +996.8% |
| Amounts payable | 17/49 | €17,665 | €25,040 | +€7,375 | +41.7% |
| Amounts payable within one year | 42/48 | €17,665 | €25,040 | +€7,375 | +41.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,000 | +€11,000 | |
| Trade debts | 44 | €99 | €327 | +€228 | +230.9% |
| Suppliers | 440/4 | €99 | €327 | +€228 | +230.9% |
| Taxes, remuneration and social security | 45 | €10,621 | €5,534 | -€5,087 | -47.9% |
| Taxes | 450/3 | €10,621 | €5,534 | -€5,087 | -47.9% |
| Other amounts payable | 47/48 | €6,945 | €8,179 | +€1,234 | +17.8% |
| Other operating charges | 640/8 | €1,174 | €585 | -€589 | -50.1% |
| Gross operating margin | 9900 | €4,939 | €40,140 | +€35,201 | +712.7% |
| Operating profit (loss) | 9901 | €3,765 | €39,554 | +€35,790 | +950.6% |
| Financial income | 75/76B | €0 | €3 | +€2 | +2410.0% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +2410.0% |
| Financial charges | 65/66B | €120 | €97 | -€23 | -19.4% |
| Recurring financial charges | 65 | €120 | €97 | -€23 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €3,645 | €39,460 | +€35,815 | +982.6% |
| Income taxes | 67/77 | €1,872 | €12,906 | +€11,035 | +589.6% |
| Profit (loss) for the period | 9904 | €1,773 | €26,554 | +€24,780 | +1397.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,773 | €26,554 | +€24,780 | +1397.4% |
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 4 October 2026 via checked.be.