Tinckx: what changed
Two financial 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.
Tinckx
Largest movements
- Cash +€27,415
up €27,415 (+153%), from €17,957 to €45,371
mainly Net result for the year (+€61,101) and Trade debts (+€22,089)
- Tangible fixed assets +€21,619
up €21,619 (+96.7%), from €22,365 to €43,984
- Receivables within one year +€19,301
up €19,301 (+60.3%), from €32,018 to €51,319
of which Trade receivables: +€17,550
- Reserves +€61,101
up €61,101 (+111%), from €54,836 to €115,937
- Trade debts +€22,089
up €22,089 (+7,384%), from €299 to €22,389
- Tax, wage and social debts -€15,347
down €15,347 (-66.4%), from €23,117 to €7,770
of which Taxes: -€15,364
- Current portion of long-term debt +€8,122
up €8,122 (+27.2%), from €29,847 to €37,970
- Debts after one year -€7,602
down €7,602 (-8.1%), from €94,210 to €86,609
- Gross operating margin +€21,496
up €21,496 (+25.2%), from €85,169 to €106,665
- Depreciation +€10,580
up €10,580 (+212%), from €4,991 to €15,571
- Financial charges +€3,552
up €3,552 (+109%), from €3,269 to €6,821
- Taxes +€1,495
up €1,495 (+7.4%), from €20,297 to €21,792
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.
Derived cash bridge
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 | €292,340 | €360,675 | +€68,335 | +23.4% |
| Fixed assets | 21/28 | €242,365 | €263,984 | +€21,619 | +8.9% |
| Tangible fixed assets | 22/27 | €22,365 | €43,984 | +€21,619 | +96.7% |
| Furniture and vehicles | 24 | €22,365 | €43,984 | +€21,619 | +96.7% |
| Financial fixed assets | 28 | €220,000 | €220,000 | = | 0.0% |
| Current assets | 29/58 | €49,975 | €96,691 | +€46,716 | +93.5% |
| Amounts receivable within one year | 40/41 | €32,018 | €51,319 | +€19,301 | +60.3% |
| Trade receivables | 40 | €32,018 | €49,568 | +€17,550 | +54.8% |
| Other amounts receivable | 41 | - | €1,751 | +€1,751 | |
| Cash at bank and in hand | 54/58 | €17,957 | €45,371 | +€27,415 | +153% |
| Total equity and liabilities | 10/49 | €292,340 | €360,675 | +€68,335 | +23.4% |
| Equity | 10/15 | €144,836 | €205,937 | +€61,101 | +42.2% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €54,836 | €115,937 | +€61,101 | +111% |
| Distributable reserves | 133 | €54,836 | €115,937 | +€61,101 | +111% |
| Amounts payable | 17/49 | €147,503 | €154,737 | +€7,234 | +4.9% |
| Amounts payable after more than one year | 17 | €94,210 | €86,609 | -€7,602 | -8.1% |
| Financial debts | 170/4 | €94,210 | €86,609 | -€7,602 | -8.1% |
| Amounts payable within one year | 42/48 | €53,293 | €68,128 | +€14,835 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €29,847 | €37,970 | +€8,122 | +27.2% |
| Trade debts | 44 | €299 | €22,389 | +€22,089 | +7,384% |
| Suppliers | 440/4 | €299 | €22,389 | +€22,089 | +7,384% |
| Taxes, remuneration and social security | 45 | €23,117 | €7,770 | -€15,347 | -66.4% |
| Taxes | 450/3 | €20,777 | €5,413 | -€15,364 | -73.9% |
| Remuneration and social security | 454/9 | €2,339 | €2,357 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €30 | €0 | -€30 | -100% |
| Non-recurring operating income | 76A | - | €9,769 | +€9,769 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,991 | €15,571 | +€10,580 | +212% |
| Other operating charges | 640/8 | €1,723 | €1,420 | -€304 | -17.6% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €85,169 | €106,665 | +€21,496 | +25.2% |
| Operating profit (loss) | 9901 | €78,402 | €89,675 | +€11,273 | +14.4% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €3,269 | €6,821 | +€3,552 | +109% |
| Recurring financial charges | 65 | €3,269 | €6,821 | +€3,552 | +109% |
| Profit (loss) for the period before taxes | 9903 | €75,133 | €82,893 | +€7,760 | +10.3% |
| Income taxes | 67/77 | €20,297 | €21,792 | +€1,495 | +7.4% |
| Profit (loss) for the period | 9904 | €54,836 | €61,101 | +€6,265 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,836 | €61,101 | +€6,265 | +11.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.