TINTELIJN: what changed
Two fiscal 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.
TINTELIJN
Largest movements
- Cash +€264,207
up €264,207 (+164.3%), from €160,856 to €425,063
mainly Depreciation (+€90,471) and Net result for the year (+€88,223)
- Receivables within one year -€63,484
down €63,484 (-58.8%), from €108,049 to €44,565
of which Trade receivables: -€57,053
- Intangible fixed assets -€21,976
down €21,976 (-77.8%), from €28,230 to €6,254
- Contributions +€176,987
up €176,987 (+603.2%), from €29,341 to €206,328
- Profit (loss) carried forward -€52,138
down €52,138 (-9.2%), from €565,109 to €512,971
- Tax, wage and social debts +€45,971
up €45,971 (+56.0%), from €82,047 to €128,018
of which Remuneration and social security: +€38,076
- Trade debts -€37,585
down €37,585 (-35.9%), from €104,627 to €67,042
- Gross operating margin +€200,948
up €200,948 (+17.0%), from €1.2m to €1.4m
- Staff costs +€89,112
up €89,112 (+8.5%), from €1.1m to €1.1m
- Taxes +€22,083
up €22,083 (+2260.7%), from €977 to €23,060
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.
Cash bridge derived
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 | €1,886,146 | €2,088,971 | +€202,825 | +10.8% |
| Fixed assets | 21/28 | €1,432,751 | €1,427,072 | -€5,679 | -0.4% |
| Intangible fixed assets | 21 | €28,230 | €6,254 | -€21,976 | -77.8% |
| Tangible fixed assets | 22/27 | €1,404,522 | €1,420,818 | +€16,297 | +1.2% |
| Land and buildings | 22 | €1,358,549 | €1,331,931 | -€26,618 | -2.0% |
| Plant, machinery and equipment | 23 | €30,193 | €22,431 | -€7,762 | -25.7% |
| Furniture and vehicles | 24 | €15,780 | €66,457 | +€50,677 | +321.2% |
| Current assets | 29/58 | €453,395 | €661,899 | +€208,504 | +46.0% |
| Stocks and contracts in progress | 3 | €167,638 | €181,933 | +€14,295 | +8.5% |
| Stocks | 30/36 | €167,638 | €181,933 | +€14,295 | +8.5% |
| Amounts receivable within one year | 40/41 | €108,049 | €44,565 | -€63,484 | -58.8% |
| Trade receivables | 40 | €85,279 | €28,226 | -€57,053 | -66.9% |
| Other amounts receivable | 41 | €22,770 | €16,339 | -€6,431 | -28.2% |
| Current investments | 50/53 | €3,200 | €3,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €160,856 | €425,063 | +€264,207 | +164.3% |
| Deferred charges and accrued income | 490/1 | €13,651 | €7,137 | -€6,514 | -47.7% |
| Total equity and liabilities | 10/49 | €1,886,146 | €2,088,971 | +€202,825 | +10.8% |
| Equity | 10/15 | €604,300 | €729,149 | +€124,849 | +20.7% |
| Contributions | 10/11 | €29,341 | €206,328 | +€176,987 | +603.2% |
| Reserves | 13 | €9,850 | €9,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,600 | €4,600 | = | 0.0% |
| Distributable reserves | 133 | €5,250 | €5,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €565,109 | €512,971 | -€52,138 | -9.2% |
| Amounts payable | 17/49 | €1,281,846 | €1,359,822 | +€77,976 | +6.1% |
| Amounts payable after more than one year | 17 | €1,034,927 | €1,051,391 | +€16,465 | +1.6% |
| Financial debts | 170/4 | €1,034,927 | €1,051,391 | +€16,465 | +1.6% |
| Amounts payable within one year | 42/48 | €246,919 | €290,242 | +€43,323 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €59,318 | €78,535 | +€19,218 | +32.4% |
| Trade debts | 44 | €104,627 | €67,042 | -€37,585 | -35.9% |
| Suppliers | 440/4 | €104,627 | €67,042 | -€37,585 | -35.9% |
| Taxes, remuneration and social security | 45 | €82,047 | €128,018 | +€45,971 | +56.0% |
| Taxes | 450/3 | €38,482 | €46,377 | +€7,895 | +20.5% |
| Remuneration and social security | 454/9 | €43,565 | €81,641 | +€38,076 | +87.4% |
| Other amounts payable | 47/48 | €928 | €16,647 | +€15,719 | +1694.8% |
| Accrued charges and deferred income | 492/3 | - | €18,188 | +€18,188 | |
| Remuneration, social security and pensions | 62 | €1,051,358 | €1,140,470 | +€89,112 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,573 | €90,471 | -€1,102 | -1.2% |
| Other operating charges | 640/8 | €9,073 | €12,366 | +€3,293 | +36.3% |
| Non-recurring operating charges | 66A | €382 | - | -€382 | |
| Gross operating margin | 9900 | €1,182,829 | €1,383,777 | +€200,948 | +17.0% |
| Operating profit (loss) | 9901 | €30,443 | €140,470 | +€110,027 | +361.4% |
| Financial income | 75/76B | €111 | €1,611 | +€1,499 | +1346.1% |
| Recurring financial income | 75 | €111 | €1,611 | +€1,499 | +1346.1% |
| Financial charges | 65/66B | €31,105 | €30,798 | -€307 | -1.0% |
| Recurring financial charges | 65 | €31,105 | €30,798 | -€307 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€550 | €111,283 | +€111,833 | |
| Income taxes | 67/77 | €977 | €23,060 | +€22,083 | +2260.7% |
| Profit (loss) for the period | 9904 | -€1,527 | €88,223 | +€89,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,527 | €88,223 | +€89,750 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.