TINKO: 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.
TINKO
Largest movements
- Tangible fixed assets -€24,604
down €24,604 (-39.1%), from €62,915 to €38,311
of which Furniture and vehicles: -€18,749
- Cash -€16,404
down €16,404 (-27.5%), from €59,574 to €43,170
mainly Trade debts (-€43,130) and Debts after one year (-€29,639)
- Receivables within one year +€16,257
up €16,257 (+23.1%), from €70,388 to €86,646
of which Trade receivables: +€23,464
- Intangible fixed assets -€4,093
down €4,093 (-9.0%), from €45,421 to €41,329
- Trade debts -€43,130
down €43,130 (-99.6%), from €43,314 to €185
- Reserves +€32,052
up €32,052 (+129%), from €24,827 to €56,879
of which Distributable reserves: +€32,052
- Debts after one year -€29,639
down €29,639 (-52.2%), from €56,819 to €27,179
- Tax, wage and social debts +€15,681
up €15,681 (+14.6%), from €107,220 to €122,901
of which Taxes: +€12,924
- Short-term financial debts +€6,613
up €6,613 (+1,950%), from €339 to €6,952
- Gross operating margin -€22,440
down €22,440 (-17.0%), from €132,157 to €109,717
- Staff costs -€11,533
down €11,533 (-26.7%), from €43,247 to €31,714
- Taxes -€10,346
down €10,346 (-76.3%), from €13,552 to €3,205
- Depreciation -€5,306
down €5,306 (-15.6%), from €34,003 to €28,697
- Financial charges -€3,109
down €3,109 (-34.7%), from €8,966 to €5,858
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 | €295,152 | €266,261 | -€28,891 | -9.8% |
| Fixed assets | 21/28 | €113,667 | €84,970 | -€28,697 | -25.2% |
| Intangible fixed assets | 21 | €45,421 | €41,329 | -€4,093 | -9.0% |
| Tangible fixed assets | 22/27 | €62,915 | €38,311 | -€24,604 | -39.1% |
| Plant, machinery and equipment | 23 | €7,788 | €5,263 | -€2,525 | -32.4% |
| Furniture and vehicles | 24 | €47,403 | €28,655 | -€18,749 | -39.6% |
| Other tangible fixed assets | 26 | €7,724 | €4,394 | -€3,330 | -43.1% |
| Financial fixed assets | 28 | €5,330 | €5,330 | = | 0.0% |
| Current assets | 29/58 | €181,485 | €181,291 | -€195 | -0.1% |
| Stocks and contracts in progress | 3 | €50,335 | €50,335 | = | 0.0% |
| Stocks | 30/36 | €50,335 | €50,335 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,388 | €86,646 | +€16,257 | +23.1% |
| Trade receivables | 40 | €22,434 | €45,898 | +€23,464 | +105% |
| Other amounts receivable | 41 | €47,954 | €40,748 | -€7,206 | -15.0% |
| Cash at bank and in hand | 54/58 | €59,574 | €43,170 | -€16,404 | -27.5% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,140 | -€48 | -4.1% |
| Total equity and liabilities | 10/49 | €295,152 | €266,261 | -€28,891 | -9.8% |
| Equity | 10/15 | €46,827 | €78,879 | +€32,052 | +68.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €24,827 | €56,879 | +€32,052 | +129% |
| Non-distributable reserves | 130/1 | €24,827 | €24,827 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,827 | €24,827 | = | 0.0% |
| Distributable reserves | 133 | - | €32,052 | +€32,052 | |
| Amounts payable | 17/49 | €248,326 | €187,382 | -€60,944 | -24.5% |
| Amounts payable after more than one year | 17 | €56,819 | €27,179 | -€29,639 | -52.2% |
| Financial debts | 170/4 | €56,819 | €27,179 | -€29,639 | -52.2% |
| Amounts payable within one year | 42/48 | €187,330 | €160,203 | -€27,127 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €36,457 | €30,165 | -€6,292 | -17.3% |
| Financial debts | 43 | €339 | €6,952 | +€6,613 | +1,950% |
| Credit institutions | 430/8 | €339 | €6,952 | +€6,613 | +1,950% |
| Trade debts | 44 | €43,314 | €185 | -€43,130 | -99.6% |
| Suppliers | 440/4 | €43,314 | €185 | -€43,130 | -99.6% |
| Taxes, remuneration and social security | 45 | €107,220 | €122,901 | +€15,681 | +14.6% |
| Taxes | 450/3 | €101,317 | €114,241 | +€12,924 | +12.8% |
| Remuneration and social security | 454/9 | €5,903 | €8,660 | +€2,757 | +46.7% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €4,177 | €0 | -€4,177 | -100% |
| Non-recurring operating income | 76A | €16,371 | €0 | -€16,371 | -100% |
| Remuneration, social security and pensions | 62 | €43,247 | €31,714 | -€11,533 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,003 | €28,697 | -€5,306 | -15.6% |
| Other operating charges | 640/8 | €13,846 | €11,476 | -€2,370 | -17.1% |
| Non-recurring operating charges | 66A | €731 | €0 | -€731 | -100% |
| Gross operating margin | 9900 | €132,157 | €109,717 | -€22,440 | -17.0% |
| Operating profit (loss) | 9901 | €40,330 | €37,831 | -€2,500 | -6.2% |
| Financial income | 75/76B | €262 | €3,285 | +€3,023 | +1,155% |
| Recurring financial income | 75 | €262 | €3,285 | +€3,023 | +1,155% |
| Financial charges | 65/66B | €8,966 | €5,858 | -€3,109 | -34.7% |
| Recurring financial charges | 65 | €8,966 | €5,858 | -€3,109 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €31,626 | €35,258 | +€3,632 | +11.5% |
| Income taxes | 67/77 | €13,552 | €3,205 | -€10,346 | -76.3% |
| Profit (loss) for the period | 9904 | €18,074 | €32,052 | +€13,978 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,074 | €32,052 | +€13,978 | +77.3% |
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 13 October 2026 via checked.be.