Tine: 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.
Tine
Largest movements
- Tangible fixed assets -€28,532
down €28,532 (-20.0%), from €142,871 to €114,339
of which Other tangible fixed assets: -€26,758
- Receivables within one year -€9,511
down €9,511 (-87.3%), from €10,890 to €1,379
of which Trade receivables: -€9,691
- Cash +€7,224
up €7,224 (+119.6%), from €6,041 to €13,265
mainly Other debts (+€33,961) and Depreciation (+€28,532)
- Other debts +€33,961
up €33,961 (+38.1%), from €89,229 to €123,190
- Debts after one year -€30,059
down €30,059 (-28.7%), from €104,769 to €74,710
- Profit (loss) carried forward -€25,262
down €25,262 (-66.3%), from -€38,120 to -€63,382
- Tax, wage and social debts -€7,276
down €7,276 (-100.0%), from €7,276 to €0
- Gross operating margin -€23,236
down €23,236 (-77.8%), from €29,882 to €6,646
- Staff costs -€2,583
down €2,583 (-100.0%), from €2,583 to €0
- Other operating charges -€806
down €806 (-50.4%), from €1,600 to €794
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 | €214,393 | €184,576 | -€29,817 | -13.9% |
| Fixed assets | 21/28 | €142,871 | €114,339 | -€28,532 | -20.0% |
| Tangible fixed assets | 22/27 | €142,871 | €114,339 | -€28,532 | -20.0% |
| Plant, machinery and equipment | 23 | €4,747 | €4,036 | -€711 | -15.0% |
| Furniture and vehicles | 24 | €7,307 | €6,243 | -€1,063 | -14.5% |
| Other tangible fixed assets | 26 | €130,818 | €104,060 | -€26,758 | -20.5% |
| Current assets | 29/58 | €71,522 | €70,237 | -€1,285 | -1.8% |
| Stocks and contracts in progress | 3 | €54,591 | €54,591 | = | 0.0% |
| Stocks | 30/36 | €54,591 | €54,591 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,890 | €1,379 | -€9,511 | -87.3% |
| Trade receivables | 40 | €10,890 | €1,199 | -€9,691 | -89.0% |
| Other amounts receivable | 41 | - | €179 | +€179 | |
| Cash at bank and in hand | 54/58 | €6,041 | €13,265 | +€7,224 | +119.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,002 | +€1,002 | |
| Total equity and liabilities | 10/49 | €214,393 | €184,576 | -€29,817 | -13.9% |
| Equity | 10/15 | -€18,120 | -€43,382 | -€25,262 | -139.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,120 | -€63,382 | -€25,262 | -66.3% |
| Amounts payable | 17/49 | €232,514 | €227,959 | -€4,555 | -2.0% |
| Amounts payable after more than one year | 17 | €104,769 | €74,710 | -€30,059 | -28.7% |
| Financial debts | 170/4 | €104,769 | €74,710 | -€30,059 | -28.7% |
| Amounts payable within one year | 42/48 | €127,745 | €153,248 | +€25,503 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €29,569 | €30,059 | +€489 | +1.7% |
| Trade debts | 44 | €1,671 | €0 | -€1,671 | -100.0% |
| Suppliers | 440/4 | €1,671 | €0 | -€1,671 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,276 | €0 | -€7,276 | -100.0% |
| Taxes | 450/3 | €7,276 | €0 | -€7,276 | -100.0% |
| Other amounts payable | 47/48 | €89,229 | €123,190 | +€33,961 | +38.1% |
| Remuneration, social security and pensions | 62 | €2,583 | €0 | -€2,583 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,233 | €28,532 | +€299 | +1.1% |
| Other operating charges | 640/8 | €1,600 | €794 | -€806 | -50.4% |
| Gross operating margin | 9900 | €29,882 | €6,646 | -€23,236 | -77.8% |
| Operating profit (loss) | 9901 | -€2,535 | -€22,680 | -€20,145 | -794.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,811 | €2,582 | -€229 | -8.2% |
| Recurring financial charges | 65 | €2,811 | €2,582 | -€229 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,346 | -€25,262 | -€19,916 | -372.6% |
| Profit (loss) for the period | 9904 | -€5,346 | -€25,262 | -€19,916 | -372.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,346 | -€25,262 | -€19,916 | -372.6% |
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.