TINCID: 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.
TINCID
Largest movements
- Receivables within one year +€18,950
up €18,950 (+195.8%), from €9,676 to €28,626
of which Trade receivables: +€19,490
- Cash +€15,359
up €15,359 (+25.3%), from €60,652 to €76,011
mainly Net result for the year (+€74,144) and Tax, wage and social debts (+€3,678)
- Deferred charges and accrued income +€8,608
up €8,608 (+415.6%), from €2,071 to €10,679
- Tangible fixed assets +€4,631
up €4,631 (+327.5%), from €1,414 to €6,045
of which Furniture and vehicles: +€2,676
- Profit (loss) carried forward +€44,144
up €44,144 (+69.8%), from €63,217 to €107,361
- Tax, wage and social debts +€3,678
up €3,678 (+98.0%), from €3,753 to €7,431
of which Taxes: +€6,692
- Gross operating margin +€19,671
up €19,671 (+23.9%), from €82,136 to €101,807
- Taxes +€4,819
up €4,819 (+27.6%), from €17,488 to €22,307
- Depreciation +€1,769
up €1,769 (+165.9%), from €1,066 to €2,835
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 | €74,713 | €122,021 | +€47,308 | +63.3% |
| Formation expenses | 20 | €900 | €660 | -€240 | -26.7% |
| Fixed assets | 21/28 | €1,414 | €6,045 | +€4,631 | +327.5% |
| Tangible fixed assets | 22/27 | €1,414 | €6,045 | +€4,631 | +327.5% |
| Plant, machinery and equipment | 23 | - | €1,955 | +€1,955 | |
| Furniture and vehicles | 24 | €1,414 | €4,090 | +€2,676 | +189.2% |
| Current assets | 29/58 | €72,399 | €115,316 | +€42,917 | +59.3% |
| Amounts receivable within one year | 40/41 | €9,676 | €28,626 | +€18,950 | +195.8% |
| Trade receivables | 40 | €9,000 | €28,490 | +€19,490 | +216.6% |
| Other amounts receivable | 41 | €676 | €136 | -€540 | -79.9% |
| Cash at bank and in hand | 54/58 | €60,652 | €76,011 | +€15,359 | +25.3% |
| Deferred charges and accrued income | 490/1 | €2,071 | €10,679 | +€8,608 | +415.6% |
| Total equity and liabilities | 10/49 | €74,713 | €122,021 | +€47,308 | +63.3% |
| Equity | 10/15 | €70,217 | €114,361 | +€44,144 | +62.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,217 | €107,361 | +€44,144 | +69.8% |
| Amounts payable | 17/49 | €4,496 | €7,660 | +€3,164 | +70.4% |
| Amounts payable within one year | 42/48 | €4,496 | €7,660 | +€3,164 | +70.4% |
| Trade debts | 44 | €743 | €229 | -€514 | -69.2% |
| Suppliers | 440/4 | €743 | €229 | -€514 | -69.2% |
| Taxes, remuneration and social security | 45 | €3,753 | €7,431 | +€3,678 | +98.0% |
| Taxes | 450/3 | €739 | €7,431 | +€6,692 | +905.6% |
| Remuneration and social security | 454/9 | €3,014 | €0 | -€3,014 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,066 | €2,835 | +€1,769 | +165.9% |
| Other operating charges | 640/8 | €649 | €754 | +€105 | +16.2% |
| Non-recurring operating charges | 66A | - | €1,767 | +€1,767 | |
| Gross operating margin | 9900 | €82,136 | €101,807 | +€19,671 | +23.9% |
| Operating profit (loss) | 9901 | €80,421 | €96,451 | +€16,030 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €80,421 | €96,451 | +€16,030 | +19.9% |
| Income taxes | 67/77 | €17,488 | €22,307 | +€4,819 | +27.6% |
| Profit (loss) for the period | 9904 | €62,933 | €74,144 | +€11,211 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,933 | €74,144 | +€11,211 | +17.8% |
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 6 October 2026 via checked.be.