TINO B: 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 B
Largest movements
- Cash +€51,899
up €51,899 (+141%), from €36,747 to €88,645
mainly Net result for the year (+€58,012) and Trade debts (+€32,284)
- Receivables within one year -€31,061
down €31,061 (-23.5%), from €132,240 to €101,179
of which Other amounts receivable: -€18,058
- Trade debts +€32,284
up €32,284 (+53.6%), from €60,235 to €92,519
- Other debts -€19,779
down €19,779 (-25.4%), from €77,791 to €58,012
- Tax, wage and social debts +€4,203
up €4,203 (+4.8%), from €88,216 to €92,419
of which Taxes: +€17,095
- Gross operating margin +€77,080
up €77,080 (+20.0%), from €385,916 to €462,996
- Staff costs +€76,802
up €76,802 (+29.2%), from €263,160 to €339,962
- Taxes +€13,759
up €13,759 (+142%), from €9,715 to €23,473
- Other operating charges +€6,549
up €6,549 (+44.8%), from €14,614 to €21,163
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 | €234,241 | €250,949 | +€16,708 | +7.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €37,769 | €37,929 | +€160 | +0.4% |
| Tangible fixed assets | 22/27 | €36,549 | €36,709 | +€160 | +0.4% |
| Plant, machinery and equipment | 23 | €19,819 | €20,925 | +€1,106 | +5.6% |
| Furniture and vehicles | 24 | €7,259 | €6,576 | -€683 | -9.4% |
| Other tangible fixed assets | 26 | €9,471 | €9,208 | -€263 | -2.8% |
| Financial fixed assets | 28 | €1,220 | €1,220 | = | 0.0% |
| Current assets | 29/58 | €196,472 | €213,020 | +€16,548 | +8.4% |
| Stocks and contracts in progress | 3 | €20,472 | €18,339 | -€2,132 | -10.4% |
| Stocks | 30/36 | €20,472 | €18,339 | -€2,132 | -10.4% |
| Amounts receivable within one year | 40/41 | €132,240 | €101,179 | -€31,061 | -23.5% |
| Trade receivables | 40 | €22,994 | €9,991 | -€13,003 | -56.6% |
| Other amounts receivable | 41 | €109,247 | €91,188 | -€18,058 | -16.5% |
| Cash at bank and in hand | 54/58 | €36,747 | €88,645 | +€51,899 | +141% |
| Deferred charges and accrued income | 490/1 | €7,013 | €4,856 | -€2,157 | -30.8% |
| Total equity and liabilities | 10/49 | €234,241 | €250,949 | +€16,708 | +7.1% |
| Equity | 10/15 | €8,000 | €8,000 | = | 0.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable | 17/49 | €226,241 | €242,949 | +€16,708 | +7.4% |
| Amounts payable within one year | 42/48 | €226,241 | €242,949 | +€16,708 | +7.4% |
| Trade debts | 44 | €60,235 | €92,519 | +€32,284 | +53.6% |
| Suppliers | 440/4 | €60,235 | €92,519 | +€32,284 | +53.6% |
| Taxes, remuneration and social security | 45 | €88,216 | €92,419 | +€4,203 | +4.8% |
| Taxes | 450/3 | €46,373 | €63,468 | +€17,095 | +36.9% |
| Remuneration and social security | 454/9 | €41,843 | €28,951 | -€12,892 | -30.8% |
| Other amounts payable | 47/48 | €77,791 | €58,012 | -€19,779 | -25.4% |
| Remuneration, social security and pensions | 62 | €263,160 | €339,962 | +€76,802 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,537 | €14,591 | -€946 | -6.1% |
| Other operating charges | 640/8 | €14,614 | €21,163 | +€6,549 | +44.8% |
| Gross operating margin | 9900 | €385,916 | €462,996 | +€77,080 | +20.0% |
| Operating profit (loss) | 9901 | €92,605 | €87,280 | -€5,325 | -5.7% |
| Financial income | 75/76B | €5,777 | €4,268 | -€1,509 | -26.1% |
| Recurring financial income | 75 | €5,777 | €4,268 | -€1,509 | -26.1% |
| Financial charges | 65/66B | €7,607 | €10,064 | +€2,457 | +32.3% |
| Recurring financial charges | 65 | €7,607 | €10,064 | +€2,457 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €90,776 | €81,485 | -€9,291 | -10.2% |
| Income taxes | 67/77 | €9,715 | €23,473 | +€13,759 | +142% |
| Profit (loss) for the period | 9904 | €81,061 | €58,012 | -€23,050 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,061 | €58,012 | -€23,050 | -28.4% |
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 28 October 2026 via checked.be.