TINGLUAN: 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.
TINGLUAN
Largest movements
- Tangible fixed assets -€6,700
down €6,700 (-73.1%), from €9,171 to €2,470
- Intangible fixed assets -€465
down €465 (-50.0%), from €930 to €465
- Deferred charges and accrued income -€444
down €444 (-75.0%), from €591 to €148
- Other debts -€10,112
down €10,112 (-59.8%), from €16,915 to €6,804
- Profit (loss) carried forward +€1,512
up €1,512 (+6.4%), from -€23,630 to -€22,119
- Trade debts +€796
up €796 (+23.7%), from €3,358 to €4,154
- Tax, wage and social debts +€254
up €254 (+15.0%), from €1,690 to €1,943
of which Taxes: +€254
- Staff costs -€9,362
down €9,362 (-88.7%), from €10,555 to €1,193
- Gross operating margin +€822
up €822 (+8.0%), from €10,342 to €11,165
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 | €19,233 | €11,683 | -€7,551 | -39.3% |
| Fixed assets | 21/28 | €15,486 | €8,321 | -€7,166 | -46.3% |
| Intangible fixed assets | 21 | €930 | €465 | -€465 | -50.0% |
| Tangible fixed assets | 22/27 | €9,171 | €2,470 | -€6,700 | -73.1% |
| Furniture and vehicles | 24 | €9,171 | €2,470 | -€6,700 | -73.1% |
| Financial fixed assets | 28 | €5,385 | €5,385 | = | 0.0% |
| Current assets | 29/58 | €3,747 | €3,362 | -€385 | -10.3% |
| Amounts receivable within one year | 40/41 | €1,753 | €1,837 | +€84 | +4.8% |
| Trade receivables | 40 | €912 | €1,211 | +€298 | +32.7% |
| Other amounts receivable | 41 | €840 | €626 | -€214 | -25.5% |
| Cash at bank and in hand | 54/58 | €1,403 | €1,378 | -€25 | -1.8% |
| Deferred charges and accrued income | 490/1 | €591 | €148 | -€444 | -75.0% |
| Total equity and liabilities | 10/49 | €19,233 | €11,683 | -€7,551 | -39.3% |
| Equity | 10/15 | -€2,730 | -€1,219 | +€1,512 | +55.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,630 | -€22,119 | +€1,512 | +6.4% |
| Amounts payable | 17/49 | €21,963 | €12,901 | -€9,062 | -41.3% |
| Amounts payable within one year | 42/48 | €21,963 | €12,901 | -€9,062 | -41.3% |
| Trade debts | 44 | €3,358 | €4,154 | +€796 | +23.7% |
| Suppliers | 440/4 | €3,358 | €4,154 | +€796 | +23.7% |
| Taxes, remuneration and social security | 45 | €1,690 | €1,943 | +€254 | +15.0% |
| Taxes | 450/3 | €933 | €1,187 | +€254 | +27.2% |
| Remuneration and social security | 454/9 | €757 | €757 | = | 0.0% |
| Other amounts payable | 47/48 | €16,915 | €6,804 | -€10,112 | -59.8% |
| Remuneration, social security and pensions | 62 | €10,555 | €1,193 | -€9,362 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,188 | €7,166 | -€22 | -0.3% |
| Other operating charges | 640/8 | €890 | €980 | +€90 | +10.1% |
| Gross operating margin | 9900 | €10,342 | €11,165 | +€822 | +8.0% |
| Operating profit (loss) | 9901 | -€8,290 | €1,826 | +€10,117 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €89 | €83 | -€6 | -6.5% |
| Recurring financial charges | 65 | €89 | €83 | -€6 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,379 | €1,743 | +€10,122 | |
| Income taxes | 67/77 | €228 | €231 | +€3 | +1.5% |
| Profit (loss) for the period | 9904 | -€8,607 | €1,512 | +€10,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,607 | €1,512 | +€10,119 |
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 3 October 2026 via checked.be.