TINGVOLL: 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.
TINGVOLL
Largest movements
- Cash +€67,136
up €67,136 (+323.8%), from €20,735 to €87,871
mainly Net result for the year (+€131,830) and Other debts (+€98,611)
- Receivables within one year +€29,142
up €29,142 (+78.2%), from €37,269 to €66,410
of which Trade receivables: +€24,461
- Tangible fixed assets +€4,816
up €4,816 (+113.6%), from €4,240 to €9,056
- Intangible fixed assets +€2,486
up €2,486 (+87.7%), from €2,833 to €5,319
- Other debts +€98,611
up €98,611 (+40768.4%), from €242 to €98,852
- Profit (loss) carried forward -€45,381
no longer reported in 2025 (was €45,381)
- Tax, wage and social debts +€40,629
up €40,629 (+491.7%), from €8,263 to €48,892
of which Taxes: +€29,371
- Trade debts +€9,721
up €9,721 (+157.0%), from €6,190 to €15,911
- Gross operating margin +€209,900
up €209,900 (+194.7%), from €107,809 to €317,708
- Staff costs +€77,418
up €77,418 (+137.9%), from €56,127 to €133,545
- Taxes +€34,364
up €34,364 (+279.4%), from €12,299 to €46,664
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 | €65,076 | €168,656 | +€103,580 | +159.2% |
| Fixed assets | 21/28 | €7,073 | €14,375 | +€7,302 | +103.2% |
| Intangible fixed assets | 21 | €2,833 | €5,319 | +€2,486 | +87.7% |
| Tangible fixed assets | 22/27 | €4,240 | €9,056 | +€4,816 | +113.6% |
| Furniture and vehicles | 24 | €4,240 | €9,056 | +€4,816 | +113.6% |
| Current assets | 29/58 | €58,003 | €154,281 | +€96,278 | +166.0% |
| Amounts receivable within one year | 40/41 | €37,269 | €66,410 | +€29,142 | +78.2% |
| Trade receivables | 40 | €31,454 | €55,915 | +€24,461 | +77.8% |
| Other amounts receivable | 41 | €5,814 | €10,495 | +€4,680 | +80.5% |
| Cash at bank and in hand | 54/58 | €20,735 | €87,871 | +€67,136 | +323.8% |
| Total equity and liabilities | 10/49 | €65,076 | €168,656 | +€103,580 | +159.2% |
| Equity | 10/15 | €50,381 | €5,000 | -€45,381 | -90.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,381 | - | -€45,381 | |
| Amounts payable | 17/49 | €14,696 | €163,656 | +€148,961 | +1013.6% |
| Amounts payable within one year | 42/48 | €14,696 | €163,656 | +€148,961 | +1013.6% |
| Trade debts | 44 | €6,190 | €15,911 | +€9,721 | +157.0% |
| Suppliers | 440/4 | €6,190 | €15,911 | +€9,721 | +157.0% |
| Taxes, remuneration and social security | 45 | €8,263 | €48,892 | +€40,629 | +491.7% |
| Taxes | 450/3 | €1,200 | €30,571 | +€29,371 | +2447.6% |
| Remuneration and social security | 454/9 | €7,063 | €18,321 | +€11,258 | +159.4% |
| Other amounts payable | 47/48 | €242 | €98,852 | +€98,611 | +40768.4% |
| Remuneration, social security and pensions | 62 | €56,127 | €133,545 | +€77,418 | +137.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,553 | €5,108 | +€2,555 | +100.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €107,809 | €317,708 | +€209,900 | +194.7% |
| Operating profit (loss) | 9901 | €49,129 | €178,655 | +€129,526 | +263.6% |
| Financial income | 75/76B | - | €215 | +€215 | |
| Recurring financial income | 75 | - | €215 | +€215 | |
| Financial charges | 65/66B | €204 | €376 | +€173 | +84.7% |
| Recurring financial charges | 65 | €204 | €376 | +€173 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €48,926 | €178,494 | +€129,568 | +264.8% |
| Income taxes | 67/77 | €12,299 | €46,664 | +€34,364 | +279.4% |
| Profit (loss) for the period | 9904 | €36,626 | €131,830 | +€95,204 | +259.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,626 | €131,830 | +€95,204 | +259.9% |
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 8 October 2026 via checked.be.