Tincan Belgium: what changed
What changed
Tincan Belgium
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€354,918
2024 · €309,594+€45,324
Equity
€20,000
2024 · €20,000
Cash
€241,141
2024 · €244,275-€3,134
Balance sheet total
€384,422
2024 · €407,470-€23,048
Largest movements
Assets
- Tangible fixed assets -€8,835
down €8,835 (-9.9%), from €89,449 to €80,614
of which Furniture and vehicles: -€11,830
- Receivables within one year -€7,302
down €7,302 (-10.6%), from €68,633 to €61,331
of which Other amounts receivable: -€11,432
Equity and liabilities
- Tax, wage and social debts -€14,879
down €14,879 (-43.1%), from €34,509 to €19,631
- Trade debts -€6,299
down €6,299 (-83.9%), from €7,508 to €1,209
Income statement
- Gross operating margin +€59,751
up €59,751 (+13.8%), from €432,690 to €492,440
- Taxes +€9,186
up €9,186 (+8.6%), from €106,516 to €115,702
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.
Result 2024
€309,594
Gross operating margin
+€59,751
Depreciation
-€723
Other operating charges
+€130
Other operating items
+€167
Financial income
-€2,955
Financial charges
-€1,860
Taxes
-€9,186
Result 2025
€354,918
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€363,645
Investment
-€11,861
Financing
-€354,918
Cash 2024
€244,275
From operations (derived)
+€363,645
Net result for the year
+€354,918
Depreciation
+€20,696
Receivables within one year
+€7,302
Deferred charges and accrued income
+€3,777
Trade debts
-€6,299
Tax, wage and social debts
-€14,879
Other debts
-€1,871
Investment (derived)
-€11,861
Investment in fixed assets (net)
-€11,861
Financing
-€354,918
Contributions, distributions and other
-€354,918
Cash 2025
€241,141
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €407,470 | €384,422 | -€23,048 | -5.7% |
| Fixed assets | 21/28 | €89,449 | €80,614 | -€8,835 | -9.9% |
| Tangible fixed assets | 22/27 | €89,449 | €80,614 | -€8,835 | -9.9% |
| Plant, machinery and equipment | 23 | €47,693 | €50,687 | +€2,995 | +6.3% |
| Furniture and vehicles | 24 | €41,756 | €29,926 | -€11,830 | -28.3% |
| Current assets | 29/58 | €318,021 | €303,808 | -€14,213 | -4.5% |
| Amounts receivable within one year | 40/41 | €68,633 | €61,331 | -€7,302 | -10.6% |
| Trade receivables | 40 | €55,123 | €59,253 | +€4,129 | +7.5% |
| Other amounts receivable | 41 | €13,510 | €2,078 | -€11,432 | -84.6% |
| Cash at bank and in hand | 54/58 | €244,275 | €241,141 | -€3,134 | -1.3% |
| Deferred charges and accrued income | 490/1 | €5,113 | €1,336 | -€3,777 | -73.9% |
| Total equity and liabilities | 10/49 | €407,470 | €384,422 | -€23,048 | -5.7% |
| Equity | 10/15 | €20,000 | €20,000 | = | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €387,470 | €364,422 | -€23,048 | -5.9% |
| Amounts payable within one year | 42/48 | €387,470 | €364,422 | -€23,048 | -5.9% |
| Trade debts | 44 | €7,508 | €1,209 | -€6,299 | -83.9% |
| Suppliers | 440/4 | €7,508 | €1,209 | -€6,299 | -83.9% |
| Taxes, remuneration and social security | 45 | €34,509 | €19,631 | -€14,879 | -43.1% |
| Taxes | 450/3 | €34,509 | €19,631 | -€14,879 | -43.1% |
| Other amounts payable | 47/48 | €345,452 | €343,582 | -€1,871 | -0.5% |
| Non-recurring operating income | 76A | - | €14,300 | +€14,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,973 | €20,696 | +€723 | +3.6% |
| Other operating charges | 640/8 | €1,283 | €1,153 | -€130 | -10.1% |
| Non-recurring operating charges | 66A | €581 | €414 | -€167 | -28.7% |
| Gross operating margin | 9900 | €432,690 | €492,440 | +€59,751 | +13.8% |
| Operating profit (loss) | 9901 | €410,853 | €470,177 | +€59,324 | +14.4% |
| Financial income | 75/76B | €5,582 | €2,627 | -€2,955 | -52.9% |
| Recurring financial income | 75 | €5,582 | €2,627 | -€2,955 | -52.9% |
| Financial charges | 65/66B | €324 | €2,184 | +€1,860 | +573% |
| Recurring financial charges | 65 | €324 | €2,184 | +€1,860 | +573% |
| Profit (loss) for the period before taxes | 9903 | €416,110 | €470,620 | +€54,510 | +13.1% |
| Income taxes | 67/77 | €106,516 | €115,702 | +€9,186 | +8.6% |
| Profit (loss) for the period | 9904 | €309,594 | €354,918 | +€45,324 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €309,594 | €354,918 | +€45,324 | +14.6% |
Next steps
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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.