Tsjak: 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.
Tsjak
Largest movements
- Tangible fixed assets -€21,183
down €21,183 (-4.1%), from €518,762 to €497,580
of which Land and buildings: -€21,000
- Stocks and contracts +€16,464
new in 2025: €16,464
- Intangible fixed assets -€5,555
down €5,555 (-43.4%), from €12,801 to €7,246
- Profit (loss) carried forward -€28,791
down €28,791 (-17.1%), from -€168,665 to -€197,456
- Other debts +€21,700
up €21,700 (+3.2%), from €679,309 to €701,009
- Gross operating margin -€205,439
down €205,439 (-96.3%), from €213,243 to €7,804
- Other operating charges -€22,252
down €22,252 (-69.7%), from €31,919 to €9,667
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 | €533,437 | €522,577 | -€10,859 | -2.0% |
| Fixed assets | 21/28 | €531,563 | €504,825 | -€26,738 | -5.0% |
| Intangible fixed assets | 21 | €12,801 | €7,246 | -€5,555 | -43.4% |
| Tangible fixed assets | 22/27 | €518,762 | €497,580 | -€21,183 | -4.1% |
| Land and buildings | 22 | €518,000 | €497,000 | -€21,000 | -4.1% |
| Plant, machinery and equipment | 23 | €762 | €580 | -€183 | -24.0% |
| Current assets | 29/58 | €1,874 | €17,752 | +€15,879 | +847.5% |
| Stocks and contracts in progress | 3 | - | €16,464 | +€16,464 | |
| Stocks | 30/36 | - | €16,464 | +€16,464 | |
| Amounts receivable within one year | 40/41 | €1,426 | €294 | -€1,131 | -79.4% |
| Trade receivables | 40 | €1,426 | - | -€1,426 | |
| Other amounts receivable | 41 | - | €294 | +€294 | |
| Cash at bank and in hand | 54/58 | €242 | €941 | +€698 | +288.2% |
| Deferred charges and accrued income | 490/1 | €206 | €53 | -€152 | -74.0% |
| Total equity and liabilities | 10/49 | €533,437 | €522,577 | -€10,859 | -2.0% |
| Equity | 10/15 | -€150,065 | -€178,856 | -€28,791 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,665 | -€197,456 | -€28,791 | -17.1% |
| Amounts payable | 17/49 | €683,502 | €701,433 | +€17,931 | +2.6% |
| Amounts payable within one year | 42/48 | €683,282 | €701,386 | +€18,104 | +2.6% |
| Trade debts | 44 | €126 | €377 | +€251 | +199.3% |
| Suppliers | 440/4 | €126 | €377 | +€251 | +199.3% |
| Advances received on contracts in progress | 46 | €1,725 | - | -€1,725 | |
| Taxes, remuneration and social security | 45 | €2,122 | - | -€2,122 | |
| Taxes | 450/3 | €2,122 | - | -€2,122 | |
| Other amounts payable | 47/48 | €679,309 | €701,009 | +€21,700 | +3.2% |
| Accrued charges and deferred income | 492/3 | €220 | €47 | -€173 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,298 | €26,738 | -€561 | -2.1% |
| Other operating charges | 640/8 | €31,919 | €9,667 | -€22,252 | -69.7% |
| Gross operating margin | 9900 | €213,243 | €7,804 | -€205,439 | -96.3% |
| Operating profit (loss) | 9901 | €154,025 | -€28,600 | -€182,626 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300.0% |
| Financial charges | 65/66B | €184 | €190 | +€6 | +3.2% |
| Recurring financial charges | 65 | €184 | €190 | +€6 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €153,841 | -€28,791 | -€182,632 | |
| Profit (loss) for the period | 9904 | €153,841 | -€28,791 | -€182,632 | |
| Profit (loss) for the period to be appropriated | 9905 | €153,841 | -€28,791 | -€182,632 |
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 12 October 2026 via checked.be.