TINAC: 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.
TINAC
Largest movements
- Cash -€51,916
down €51,916 (-28.4%), from €182,767 to €130,850
mainly Contributions, distributions and other (-€117,647) and Other debts (-€91,462)
- Tangible fixed assets -€14,219
down €14,219 (-20.7%), from €68,692 to €54,473
of which Furniture and vehicles: -€14,076
- Other debts -€91,462
down €91,462 (-47.8%), from €191,462 to €100,000
- Profit (loss) carried forward -€52,011
down €52,011 (-100.0%), from €52,011 to €0
- Reserves +€42,245
new in 2025: €42,245
- Tax, wage and social debts +€33,029
up €33,029 (+117.2%), from €28,187 to €61,217
- Gross operating margin +€20,804
up €20,804 (+15.5%), from €134,024 to €154,828
- Depreciation +€10,589
up €10,589 (+291.8%), from €3,629 to €14,219
- Taxes +€3,072
up €3,072 (+11.0%), from €27,993 to €31,065
- Financial charges -€1,708
down €1,708 (-98.1%), from €1,740 to €33
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 | €276,635 | €210,293 | -€66,342 | -24.0% |
| Fixed assets | 21/28 | €69,192 | €54,973 | -€14,219 | -20.5% |
| Tangible fixed assets | 22/27 | €68,692 | €54,473 | -€14,219 | -20.7% |
| Land and buildings | 22 | €2,646 | €2,503 | -€143 | -5.4% |
| Furniture and vehicles | 24 | €66,046 | €51,970 | -€14,076 | -21.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €207,443 | €155,320 | -€52,123 | -25.1% |
| Amounts receivable within one year | 40/41 | €22,272 | €21,550 | -€722 | -3.2% |
| Trade receivables | 40 | €19,917 | €19,580 | -€337 | -1.7% |
| Other amounts receivable | 41 | €2,355 | €1,970 | -€385 | -16.3% |
| Cash at bank and in hand | 54/58 | €182,767 | €130,850 | -€51,916 | -28.4% |
| Deferred charges and accrued income | 490/1 | €2,404 | €2,919 | +€515 | +21.4% |
| Total equity and liabilities | 10/49 | €276,635 | €210,293 | -€66,342 | -24.0% |
| Equity | 10/15 | €54,511 | €44,745 | -€9,766 | -17.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €42,245 | +€42,245 | |
| Distributable reserves | 133 | - | €42,245 | +€42,245 | |
| Profit (loss) carried forward | 14 | €52,011 | €0 | -€52,011 | -100.0% |
| Amounts payable | 17/49 | €222,124 | €165,548 | -€56,576 | -25.5% |
| Amounts payable within one year | 42/48 | €222,124 | €165,548 | -€56,576 | -25.5% |
| Financial debts | 43 | - | €44 | +€44 | |
| Other loans | 439 | - | €44 | +€44 | |
| Trade debts | 44 | €2,475 | €4,287 | +€1,812 | +73.2% |
| Suppliers | 440/4 | €2,475 | €4,287 | +€1,812 | +73.2% |
| Taxes, remuneration and social security | 45 | €28,187 | €61,217 | +€33,029 | +117.2% |
| Taxes | 450/3 | €28,187 | €61,217 | +€33,029 | +117.2% |
| Other amounts payable | 47/48 | €191,462 | €100,000 | -€91,462 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,629 | €14,219 | +€10,589 | +291.8% |
| Other operating charges | 640/8 | €182 | €1,684 | +€1,502 | +826.1% |
| Gross operating margin | 9900 | €134,024 | €154,828 | +€20,804 | +15.5% |
| Operating profit (loss) | 9901 | €130,213 | €138,926 | +€8,713 | +6.7% |
| Financial income | 75/76B | €298 | €53 | -€245 | -82.1% |
| Recurring financial income | 75 | €298 | €53 | -€245 | -82.1% |
| Financial charges | 65/66B | €1,740 | €33 | -€1,708 | -98.1% |
| Recurring financial charges | 65 | €1,740 | €33 | -€1,708 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €128,770 | €138,947 | +€10,176 | +7.9% |
| Income taxes | 67/77 | €27,993 | €31,065 | +€3,072 | +11.0% |
| Profit (loss) for the period | 9904 | €100,777 | €107,881 | +€7,104 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,777 | €107,881 | +€7,104 | +7.0% |
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 7 October 2026 via checked.be.