TINKIT: 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.
TINKIT
Largest movements
- Tangible fixed assets -€74,166
down €74,166 (-6.5%), from €1.1m to €1.1m
of which Land and buildings: -€50,107
- Receivables within one year -€19,383
down €19,383 (-50.1%), from €38,700 to €19,317
of which Trade receivables: -€19,202
- Debts after one year -€65,133
down €65,133 (-7.8%), from €832,146 to €767,013
- Trade debts -€16,134
down €16,134 (-29.8%), from €54,093 to €37,959
- Current portion of long-term debt -€15,620
down €15,620 (-19.3%), from €80,753 to €65,133
- Profit (loss) carried forward +€13,016
up €13,016 (+19.3%), from -€67,411 to -€54,395
- Gross operating margin +€82,042
up €82,042 (+114%), from €72,245 to €154,287
- Depreciation +€10,350
up €10,350 (+11.9%), from €87,034 to €97,384
- Financial charges +€4,786
up €4,786 (+15.6%), from €30,667 to €35,453
- Other operating charges +€4,671
up €4,671 (+244%), from €1,914 to €6,585
- Taxes +€1,690
up €1,690 (+916%), from €184 to €1,875
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 | €1,184,462 | €1,088,868 | -€95,594 | -8.1% |
| Fixed assets | 21/28 | €1,137,199 | €1,065,862 | -€71,337 | -6.3% |
| Intangible fixed assets | 21 | €603 | €3,433 | +€2,829 | +469% |
| Tangible fixed assets | 22/27 | €1,136,596 | €1,062,430 | -€74,166 | -6.5% |
| Land and buildings | 22 | €1,077,709 | €1,027,602 | -€50,107 | -4.6% |
| Plant, machinery and equipment | 23 | €12,271 | €7,515 | -€4,756 | -38.8% |
| Furniture and vehicles | 24 | €46,616 | €27,313 | -€19,303 | -41.4% |
| Current assets | 29/58 | €47,263 | €23,006 | -€24,257 | -51.3% |
| Amounts receivable within one year | 40/41 | €38,700 | €19,317 | -€19,383 | -50.1% |
| Trade receivables | 40 | €38,519 | €19,317 | -€19,202 | -49.9% |
| Other amounts receivable | 41 | €181 | €0 | -€181 | -100% |
| Cash at bank and in hand | 54/58 | €3,197 | €1,137 | -€2,061 | -64.5% |
| Deferred charges and accrued income | 490/1 | €5,366 | €2,553 | -€2,813 | -52.4% |
| Total equity and liabilities | 10/49 | €1,184,462 | €1,088,868 | -€95,594 | -8.1% |
| Equity | 10/15 | €139,542 | €150,892 | +€11,350 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200,753 | €199,087 | -€1,666 | -0.8% |
| Distributable reserves | 133 | €200,753 | €199,087 | -€1,666 | -0.8% |
| Profit (loss) carried forward | 14 | -€67,411 | -€54,395 | +€13,016 | +19.3% |
| Amounts payable | 17/49 | €1,044,920 | €937,976 | -€106,944 | -10.2% |
| Amounts payable after more than one year | 17 | €832,146 | €767,013 | -€65,133 | -7.8% |
| Financial debts | 170/4 | €832,146 | €767,013 | -€65,133 | -7.8% |
| Amounts payable within one year | 42/48 | €212,775 | €163,489 | -€49,285 | -23.2% |
| Current portion of amounts payable after more than one year | 42 | €80,753 | €65,133 | -€15,620 | -19.3% |
| Financial debts | 43 | €7,381 | €2,848 | -€4,533 | -61.4% |
| Credit institutions | 430/8 | €7,381 | €2,848 | -€4,533 | -61.4% |
| Trade debts | 44 | €54,093 | €37,959 | -€16,134 | -29.8% |
| Suppliers | 440/4 | €54,093 | €37,959 | -€16,134 | -29.8% |
| Advances received on contracts in progress | 46 | €3,204 | €2,400 | -€804 | -25.1% |
| Taxes, remuneration and social security | 45 | €20,775 | €13,571 | -€7,204 | -34.7% |
| Taxes | 450/3 | €19,275 | €13,571 | -€5,704 | -29.6% |
| Remuneration and social security | 454/9 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts payable | 47/48 | €46,569 | €41,579 | -€4,990 | -10.7% |
| Accrued charges and deferred income | 492/3 | - | €7,474 | +€7,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,034 | €97,384 | +€10,350 | +11.9% |
| Other operating charges | 640/8 | €1,914 | €6,585 | +€4,671 | +244% |
| Gross operating margin | 9900 | €72,245 | €154,287 | +€82,042 | +114% |
| Operating profit (loss) | 9901 | -€16,703 | €50,318 | +€67,021 | |
| Financial income | 75/76B | €426 | €25 | -€401 | -94.1% |
| Recurring financial income | 75 | €426 | €25 | -€401 | -94.1% |
| Financial charges | 65/66B | €30,667 | €35,453 | +€4,786 | +15.6% |
| Recurring financial charges | 65 | €30,667 | €35,453 | +€4,786 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,944 | €14,890 | +€61,834 | |
| Income taxes | 67/77 | €184 | €1,875 | +€1,690 | +916% |
| Profit (loss) for the period | 9904 | -€47,128 | €13,016 | +€60,144 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,128 | €13,016 | +€60,144 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.