TiNo: 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.
TiNo
Largest movements
- Cash -€5,100
down €5,100 (-90.8%), from €5,620 to €519
mainly Net result for the year (-€6,665) and Other debts (-€1,254)
- Tangible fixed assets -€2,567
down €2,567 (-35.7%), from €7,181 to €4,614
of which Furniture and vehicles: -€2,387
- Receivables within one year +€1,149
up €1,149 (+964%), from €119 to €1,268
of which Trade receivables: +€1,116
- Deferred charges and accrued income +€500
up €500 (+90.5%), from €552 to €1,051
- Profit (loss) carried forward -€4,785
down €4,785, from €0 to -€4,785
- Trade debts +€1,975
up €1,975 (+567%), from €348 to €2,323
- Reserves -€1,880
down €1,880 (-39.6%), from €4,750 to €2,870
- Other debts -€1,254
down €1,254 (-39.3%), from €3,194 to €1,940
- Gross operating margin -€13,959
down €13,959, from €10,988 to -€2,971
- Depreciation +€1,879
up €1,879 (+273%), from €688 to €2,567
- Taxes -€923
down €923 (-100%), from €923 to €0
- Other operating charges +€252
up €252 (+40.5%), from €622 to €874
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 | €13,471 | €7,452 | -€6,019 | -44.7% |
| Fixed assets | 21/28 | €7,181 | €4,614 | -€2,567 | -35.7% |
| Tangible fixed assets | 22/27 | €7,181 | €4,614 | -€2,567 | -35.7% |
| Plant, machinery and equipment | 23 | €547 | €366 | -€181 | -33.0% |
| Furniture and vehicles | 24 | €6,634 | €4,248 | -€2,387 | -36.0% |
| Current assets | 29/58 | €6,291 | €2,839 | -€3,452 | -54.9% |
| Amounts receivable within one year | 40/41 | €119 | €1,268 | +€1,149 | +964% |
| Trade receivables | 40 | €0 | €1,116 | +€1,116 | |
| Other amounts receivable | 41 | €119 | €152 | +€33 | +27.8% |
| Cash at bank and in hand | 54/58 | €5,620 | €519 | -€5,100 | -90.8% |
| Deferred charges and accrued income | 490/1 | €552 | €1,051 | +€500 | +90.5% |
| Total equity and liabilities | 10/49 | €13,471 | €7,452 | -€6,019 | -44.7% |
| Equity | 10/15 | €8,750 | €2,085 | -€6,665 | -76.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €4,750 | €2,870 | -€1,880 | -39.6% |
| Distributable reserves | 133 | €4,750 | €2,870 | -€1,880 | -39.6% |
| Profit (loss) carried forward | 14 | €0 | -€4,785 | -€4,785 | |
| Amounts payable | 17/49 | €4,721 | €5,367 | +€646 | +13.7% |
| Amounts payable within one year | 42/48 | €4,465 | €5,186 | +€721 | +16.1% |
| Trade debts | 44 | €348 | €2,323 | +€1,975 | +567% |
| Suppliers | 440/4 | €348 | €2,323 | +€1,975 | +567% |
| Taxes, remuneration and social security | 45 | €923 | €923 | = | 0.0% |
| Taxes | 450/3 | €923 | €923 | = | 0.0% |
| Other amounts payable | 47/48 | €3,194 | €1,940 | -€1,254 | -39.3% |
| Accrued charges and deferred income | 492/3 | €256 | €182 | -€75 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €688 | €2,567 | +€1,879 | +273% |
| Other operating charges | 640/8 | €622 | €874 | +€252 | +40.5% |
| Gross operating margin | 9900 | €10,988 | -€2,971 | -€13,959 | |
| Operating profit (loss) | 9901 | €9,679 | -€6,412 | -€16,091 | |
| Financial income | 75/76B | €0 | €5 | +€5 | |
| Recurring financial income | 75 | €0 | €5 | +€5 | |
| Financial charges | 65/66B | €331 | €259 | -€72 | -21.8% |
| Recurring financial charges | 65 | €331 | €259 | -€72 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €9,348 | -€6,665 | -€16,013 | |
| Income taxes | 67/77 | €923 | €0 | -€923 | -100% |
| Profit (loss) for the period | 9904 | €8,425 | -€6,665 | -€15,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,425 | -€6,665 | -€15,091 |
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 18 October 2026 via checked.be.