TINK: 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.
TINK
Largest movements
- Cash +€23,861
up €23,861 (+19.2%), from €124,290 to €148,151
mainly Net result for the year (+€21,038) and Receivables within one year (+€12,961)
- Receivables within one year -€12,961
down €12,961 (-35.0%), from €37,057 to €24,096
of which Trade receivables: -€21,048
- Tangible fixed assets -€9,126
down €9,126 (-7.7%), from €117,841 to €108,715
of which Land and buildings: -€5,228
- Deferred charges and accrued income -€5,164
down €5,164 (-67.1%), from €7,692 to €2,528
- Reserves +€21,038
up €21,038 (+16.2%), from €129,581 to €150,619
of which Distributable reserves: +€21,038
- Current portion of long-term debt -€12,920
no longer reported in 2025 (was €12,920)
- Tax, wage and social debts -€9,167
down €9,167 (-50.2%), from €18,263 to €9,097
- Gross operating margin -€30,197
down €30,197 (-36.6%), from €82,578 to €52,382
- Taxes -€9,825
down €9,825 (-46.2%), from €21,246 to €11,420
- Financial charges +€6,277
up €6,277 (+270%), from €2,327 to €8,604
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 | €440,965 | €440,718 | -€247 | -0.1% |
| Fixed assets | 21/28 | €117,841 | €108,715 | -€9,126 | -7.7% |
| Tangible fixed assets | 22/27 | €117,841 | €108,715 | -€9,126 | -7.7% |
| Land and buildings | 22 | €105,451 | €100,223 | -€5,228 | -5.0% |
| Plant, machinery and equipment | 23 | €10,890 | €6,992 | -€3,898 | -35.8% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €323,124 | €332,003 | +€8,879 | +2.7% |
| Stocks and contracts in progress | 3 | €154,084 | €157,227 | +€3,143 | +2.0% |
| Stocks | 30/36 | €154,084 | €157,227 | +€3,143 | +2.0% |
| Amounts receivable within one year | 40/41 | €37,057 | €24,096 | -€12,961 | -35.0% |
| Trade receivables | 40 | €37,057 | €16,009 | -€21,048 | -56.8% |
| Other amounts receivable | 41 | - | €8,087 | +€8,087 | |
| Cash at bank and in hand | 54/58 | €124,290 | €148,151 | +€23,861 | +19.2% |
| Deferred charges and accrued income | 490/1 | €7,692 | €2,528 | -€5,164 | -67.1% |
| Total equity and liabilities | 10/49 | €440,965 | €440,718 | -€247 | -0.1% |
| Equity | 10/15 | €148,181 | €169,219 | +€21,038 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,581 | €150,619 | +€21,038 | +16.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,721 | €148,759 | +€21,038 | +16.5% |
| Amounts payable | 17/49 | €292,784 | €271,499 | -€21,285 | -7.3% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €190,085 | €167,000 | -€23,086 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €12,920 | - | -€12,920 | |
| Trade debts | 44 | €3,690 | €3,187 | -€503 | -13.6% |
| Suppliers | 440/4 | €3,690 | €3,187 | -€503 | -13.6% |
| Taxes, remuneration and social security | 45 | €18,263 | €9,097 | -€9,167 | -50.2% |
| Taxes | 450/3 | €18,263 | €9,097 | -€9,167 | -50.2% |
| Other amounts payable | 47/48 | €155,212 | €154,716 | -€496 | -0.3% |
| Accrued charges and deferred income | 492/3 | €2,699 | €4,499 | +€1,801 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,455 | €9,126 | -€329 | -3.5% |
| Other operating charges | 640/8 | €2,892 | €2,243 | -€649 | -22.4% |
| Gross operating margin | 9900 | €82,578 | €52,382 | -€30,197 | -36.6% |
| Operating profit (loss) | 9901 | €70,232 | €41,013 | -€29,219 | -41.6% |
| Financial income | 75/76B | €153 | €49 | -€104 | -67.9% |
| Recurring financial income | 75 | €153 | €49 | -€104 | -67.9% |
| Financial charges | 65/66B | €2,327 | €8,604 | +€6,277 | +270% |
| Recurring financial charges | 65 | €2,327 | €8,604 | +€6,277 | +270% |
| Profit (loss) for the period before taxes | 9903 | €68,058 | €32,458 | -€35,600 | -52.3% |
| Income taxes | 67/77 | €21,246 | €11,420 | -€9,825 | -46.2% |
| Profit (loss) for the period | 9904 | €46,813 | €21,038 | -€25,775 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,813 | €21,038 | -€25,775 | -55.1% |
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 30 October 2026 via checked.be.