TIPIC: 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.
TIPIC
Largest movements
- Cash -€42,515
down €42,515 (-30.1%), from €141,302 to €98,787
mainly Deferred charges and accrued income (-€42,496) and Other debts (-€21,563)
- Deferred charges and accrued income +€42,496
up €42,496 (+1,642%), from €2,589 to €45,085
- Tangible fixed assets -€11,241
down €11,241 (-5.6%), from €201,750 to €190,508
of which Land and buildings: -€9,911
- Receivables within one year +€8,683
up €8,683 (+14.8%), from €58,746 to €67,429
of which Other amounts receivable: +€4,828
- Reserves +€74,060
up €74,060 (+2,763%), from €2,680 to €76,740
- Profit (loss) carried forward -€52,814
no longer reported in 2025 (was €52,814)
- Other debts -€21,563
down €21,563 (-17.3%), from €124,974 to €103,410
- Debts after one year -€12,926
down €12,926 (-9.2%), from €140,856 to €127,930
- Trade debts +€8,683
up €8,683 (+74.0%), from €11,737 to €20,420
- Gross operating margin +€35,636
up €35,636 (+82.4%), from €43,265 to €78,901
- Taxes +€9,646
up €9,646 (+131%), from €7,362 to €17,008
- Provisions +€6,000
new in 2025: €6,000
- Depreciation +€4,461
up €4,461 (+25.1%), from €17,745 to €22,206
- Write-downs +€4,408
new in 2025: €4,408
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 | €425,193 | €426,651 | +€1,458 | +0.3% |
| Fixed assets | 21/28 | €201,750 | €190,508 | -€11,241 | -5.6% |
| Tangible fixed assets | 22/27 | €201,750 | €190,508 | -€11,241 | -5.6% |
| Land and buildings | 22 | €165,694 | €155,783 | -€9,911 | -6.0% |
| Plant, machinery and equipment | 23 | €19,216 | €26,794 | +€7,578 | +39.4% |
| Furniture and vehicles | 24 | €16,839 | €7,931 | -€8,908 | -52.9% |
| Current assets | 29/58 | €223,443 | €236,143 | +€12,700 | +5.7% |
| Stocks and contracts in progress | 3 | €20,807 | €24,842 | +€4,035 | +19.4% |
| Stocks | 30/36 | €20,807 | €24,842 | +€4,035 | +19.4% |
| Amounts receivable within one year | 40/41 | €58,746 | €67,429 | +€8,683 | +14.8% |
| Trade receivables | 40 | €58,746 | €62,601 | +€3,856 | +6.6% |
| Other amounts receivable | 41 | - | €4,828 | +€4,828 | |
| Cash at bank and in hand | 54/58 | €141,302 | €98,787 | -€42,515 | -30.1% |
| Deferred charges and accrued income | 490/1 | €2,589 | €45,085 | +€42,496 | +1,642% |
| Total equity and liabilities | 10/49 | €425,193 | €426,651 | +€1,458 | +0.3% |
| Equity | 10/15 | €82,294 | €103,540 | +€21,246 | +25.8% |
| Contributions | 10/11 | €26,800 | €26,800 | = | 0.0% |
| Contributions outside capital | 11 | €26,800 | €26,800 | = | 0.0% |
| Other | 1109/19 | €26,800 | €26,800 | = | 0.0% |
| Reserves | 13 | €2,680 | €76,740 | +€74,060 | +2,763% |
| Distributable reserves | 133 | €2,680 | €76,740 | +€74,060 | +2,763% |
| Profit (loss) carried forward | 14 | €52,814 | - | -€52,814 | |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Major repairs and maintenance | 162 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €342,898 | €317,111 | -€25,787 | -7.5% |
| Amounts payable after more than one year | 17 | €140,856 | €127,930 | -€12,926 | -9.2% |
| Financial debts | 170/4 | €140,856 | €127,930 | -€12,926 | -9.2% |
| Amounts payable within one year | 42/48 | €202,042 | €189,181 | -€12,861 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €12,758 | €12,926 | +€168 | +1.3% |
| Trade debts | 44 | €11,737 | €20,420 | +€8,683 | +74.0% |
| Suppliers | 440/4 | €11,737 | €20,420 | +€8,683 | +74.0% |
| Advances received on contracts in progress | 46 | €2,239 | - | -€2,239 | |
| Taxes, remuneration and social security | 45 | €50,335 | €52,425 | +€2,090 | +4.2% |
| Taxes | 450/3 | €50,335 | €52,425 | +€2,090 | +4.2% |
| Other amounts payable | 47/48 | €124,974 | €103,410 | -€21,563 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,745 | €22,206 | +€4,461 | +25.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,408 | +€4,408 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,000 | +€6,000 | |
| Other operating charges | 640/8 | €3,024 | €2,944 | -€80 | -2.7% |
| Gross operating margin | 9900 | €43,265 | €78,901 | +€35,636 | +82.4% |
| Operating profit (loss) | 9901 | €22,495 | €43,342 | +€20,847 | +92.7% |
| Financial income | 75/76B | €201 | €1,961 | +€1,760 | +876% |
| Recurring financial income | 75 | €201 | €1,961 | +€1,760 | +876% |
| Financial charges | 65/66B | €6,882 | €7,050 | +€169 | +2.4% |
| Recurring financial charges | 65 | €6,882 | €7,050 | +€169 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €15,814 | €38,253 | +€22,439 | +142% |
| Income taxes | 67/77 | €7,362 | €17,008 | +€9,646 | +131% |
| Profit (loss) for the period | 9904 | €8,452 | €21,246 | +€12,793 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €8,452 | €21,246 | +€12,793 | +151% |
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 30 October 2026 via checked.be.