TINES: 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.
TINES
Largest movements
- Tangible fixed assets -€6,607
down €6,607 (-11.3%), from €58,599 to €51,992
of which Land and buildings: -€7,000
- Cash +€5,199
up €5,199 (+49.1%), from €10,579 to €15,779
mainly Other debts (+€11,269) and Depreciation (+€9,925)
- Financial fixed assets +€3,300
up €3,300 (+165%), from €2,000 to €5,300
- Receivables within one year -€1,698
down €1,698 (-23.5%), from €7,216 to €5,519
- Stocks and contracts +€1,641
up €1,641 (+2.6%), from €62,776 to €64,417
- Debts after one year -€13,442
down €13,442 (-52.4%), from €25,632 to €12,189
- Other debts +€11,269
up €11,269 (+47.8%), from €23,555 to €34,823
- Trade debts -€4,613
down €4,613 (-27.8%), from €16,604 to €11,991
- Reserves +€4,500
new in 2025: €4,500
- Tax, wage and social debts +€4,263
up €4,263 (+257%), from €1,657 to €5,920
- Gross operating margin +€7,026
up €7,026 (+42.6%), from €16,508 to €23,534
- Taxes +€1,804
up €1,804 (+275%), from €656 to €2,460
- Depreciation +€1,026
up €1,026 (+11.5%), from €8,899 to €9,925
- Other operating charges +€718
up €718 (+31.0%), from €2,314 to €3,031
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 | €142,861 | €144,592 | +€1,731 | +1.2% |
| Fixed assets | 21/28 | €60,599 | €57,292 | -€3,307 | -5.5% |
| Tangible fixed assets | 22/27 | €58,599 | €51,992 | -€6,607 | -11.3% |
| Land and buildings | 22 | €54,841 | €47,841 | -€7,000 | -12.8% |
| Plant, machinery and equipment | 23 | €2,282 | €1,035 | -€1,247 | -54.7% |
| Furniture and vehicles | 24 | €1,476 | €3,117 | +€1,640 | +111% |
| Financial fixed assets | 28 | €2,000 | €5,300 | +€3,300 | +165% |
| Current assets | 29/58 | €82,262 | €87,300 | +€5,038 | +6.1% |
| Stocks and contracts in progress | 3 | €62,776 | €64,417 | +€1,641 | +2.6% |
| Stocks | 30/36 | €62,776 | €64,417 | +€1,641 | +2.6% |
| Amounts receivable within one year | 40/41 | €7,216 | €5,519 | -€1,698 | -23.5% |
| Trade receivables | 40 | €7,216 | €5,519 | -€1,698 | -23.5% |
| Cash at bank and in hand | 54/58 | €10,579 | €15,779 | +€5,199 | +49.1% |
| Deferred charges and accrued income | 490/1 | €1,690 | €1,586 | -€104 | -6.2% |
| Total equity and liabilities | 10/49 | €142,861 | €144,592 | +€1,731 | +1.2% |
| Equity | 10/15 | €60,484 | €65,477 | +€4,993 | +8.3% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | - | €4,500 | +€4,500 | |
| Distributable reserves | 133 | - | €4,500 | +€4,500 | |
| Profit (loss) carried forward | 14 | €22,984 | €23,477 | +€493 | +2.1% |
| Amounts payable | 17/49 | €82,377 | €79,115 | -€3,262 | -4.0% |
| Amounts payable after more than one year | 17 | €25,632 | €12,189 | -€13,442 | -52.4% |
| Financial debts | 170/4 | €25,632 | €12,189 | -€13,442 | -52.4% |
| Amounts payable within one year | 42/48 | €56,745 | €66,926 | +€10,180 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €2,473 | €1,735 | -€738 | -29.9% |
| Financial debts | 43 | €12,456 | €12,456 | = | 0.0% |
| Credit institutions | 430/8 | €12,456 | €12,456 | = | 0.0% |
| Trade debts | 44 | €16,604 | €11,991 | -€4,613 | -27.8% |
| Suppliers | 440/4 | €16,604 | €11,991 | -€4,613 | -27.8% |
| Taxes, remuneration and social security | 45 | €1,657 | €5,920 | +€4,263 | +257% |
| Taxes | 450/3 | €1,657 | €5,920 | +€4,263 | +257% |
| Other amounts payable | 47/48 | €23,555 | €34,823 | +€11,269 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,899 | €9,925 | +€1,026 | +11.5% |
| Other operating charges | 640/8 | €2,314 | €3,031 | +€718 | +31.0% |
| Gross operating margin | 9900 | €16,508 | €23,534 | +€7,026 | +42.6% |
| Operating profit (loss) | 9901 | €5,296 | €10,578 | +€5,282 | +99.7% |
| Financial income | 75/76B | €40 | €155 | +€115 | +289% |
| Recurring financial income | 75 | €40 | €155 | +€115 | +289% |
| Financial charges | 65/66B | €3,253 | €3,280 | +€27 | +0.8% |
| Recurring financial charges | 65 | €3,253 | €3,280 | +€27 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €2,082 | €7,453 | +€5,371 | +258% |
| Income taxes | 67/77 | €656 | €2,460 | +€1,804 | +275% |
| Profit (loss) for the period | 9904 | €1,426 | €4,993 | +€3,567 | +250% |
| Profit (loss) for the period to be appropriated | 9905 | €1,426 | €4,993 | +€3,567 | +250% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.