TYCHE INTERNATIONAL: 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.
TYCHE INTERNATIONAL
Largest movements
- Cash -€3.7m
down €3.7m (-98.7%), from €3.8m to €50,744
mainly Investment in fixed assets (net) (-€2.3m) and Receivables within one year (-€2.1m)
- Tangible fixed assets +€2.1m
up €2.1m (+84.4%), from €2.5m to €4.6m
of which Land and buildings: +€2.2m
- Receivables within one year +€2.1m
up €2.1m (+51.8%), from €4.0m to €6.1m
of which Other amounts receivable: +€2.1m
- Reserves +€767,159
up €767,159 (+3.2%), from €24.1m to €24.9m
- Other operating charges +€151,527
up €151,527 (+4,348%), from €3,485 to €155,012
- Financial income +€147,309
up €147,309 (+4.9%), from €3.0m to €3.2m
- Depreciation +€96,714
up €96,714 (+124%), from €77,924 to €174,638
- Financial charges +€49,328
up €49,328 (+900%), from €5,481 to €54,809
- Gross operating margin -€34,037
down €34,037 (-18.6%), from -€182,771 to -€216,808
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 | €65,313,434 | €66,019,473 | +€706,039 | +1.1% |
| Fixed assets | 21/28 | €55,142,043 | €57,255,509 | +€2.1m | +3.8% |
| Tangible fixed assets | 22/27 | €2,505,169 | €4,618,636 | +€2.1m | +84.4% |
| Land and buildings | 22 | €2,073,760 | €4,267,756 | +€2.2m | +106% |
| Plant, machinery and equipment | 23 | €9,766 | €901 | -€8,864 | -90.8% |
| Furniture and vehicles | 24 | €419,014 | €348,225 | -€70,789 | -16.9% |
| Other tangible fixed assets | 26 | €2,630 | €1,753 | -€877 | -33.3% |
| Financial fixed assets | 28 | €52,636,874 | €52,636,874 | = | 0.0% |
| Current assets | 29/58 | €10,171,391 | €8,763,963 | -€1.4m | -13.8% |
| Amounts receivable after more than one year | 29 | €47,954 | €36,383 | -€11,571 | -24.1% |
| Trade receivables | 290 | €47,954 | €36,383 | -€11,571 | -24.1% |
| Amounts receivable within one year | 40/41 | €4,019,725 | €6,102,883 | +€2.1m | +51.8% |
| Trade receivables | 40 | €6,657 | €7,223 | +€566 | +8.5% |
| Other amounts receivable | 41 | €4,013,067 | €6,095,660 | +€2.1m | +51.9% |
| Current investments | 50/53 | €2,295,312 | €2,537,060 | +€241,749 | +10.5% |
| Cash at bank and in hand | 54/58 | €3,778,514 | €50,744 | -€3.7m | -98.7% |
| Deferred charges and accrued income | 490/1 | €29,887 | €36,893 | +€7,007 | +23.4% |
| Total equity and liabilities | 10/49 | €65,313,434 | €66,019,473 | +€706,039 | +1.1% |
| Equity | 10/15 | €64,691,225 | €65,458,384 | +€767,159 | +1.2% |
| Contributions | 10/11 | €40,587,400 | €40,587,400 | = | 0.0% |
| Reserves | 13 | €24,103,825 | €24,870,984 | +€767,159 | +3.2% |
| Distributable reserves | 133 | €24,103,825 | €24,870,984 | +€767,159 | +3.2% |
| Amounts payable | 17/49 | €622,208 | €561,088 | -€61,120 | -9.8% |
| Amounts payable within one year | 42/48 | €622,208 | €561,088 | -€61,120 | -9.8% |
| Financial debts | 43 | €79,147 | €1,966 | -€77,182 | -97.5% |
| Credit institutions | 430/8 | €79,147 | €1,966 | -€77,182 | -97.5% |
| Trade debts | 44 | €283,330 | €326,392 | +€43,062 | +15.2% |
| Suppliers | 440/4 | €283,330 | €326,392 | +€43,062 | +15.2% |
| Taxes, remuneration and social security | 45 | €258,836 | €232,731 | -€26,105 | -10.1% |
| Taxes | 450/3 | €258,836 | €232,731 | -€26,105 | -10.1% |
| Other amounts payable | 47/48 | €895 | - | -€895 | |
| Non-recurring operating income | 76A | €47,059 | €4,464 | -€42,595 | -90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,924 | €174,638 | +€96,714 | +124% |
| Other operating charges | 640/8 | €3,485 | €155,012 | +€151,527 | +4,348% |
| Non-recurring operating charges | 66A | €7,825 | - | -€7,825 | |
| Gross operating margin | 9900 | -€182,771 | -€216,808 | -€34,037 | -18.6% |
| Operating profit (loss) | 9901 | -€272,004 | -€546,458 | -€274,454 | -101% |
| Financial income | 75/76B | €3,011,983 | €3,159,292 | +€147,309 | +4.9% |
| Recurring financial income | 75 | €3,011,983 | €3,159,292 | +€147,309 | +4.9% |
| Financial charges | 65/66B | €5,481 | €54,809 | +€49,328 | +900% |
| Recurring financial charges | 65 | €5,481 | €54,809 | +€49,328 | +900% |
| Profit (loss) for the period before taxes | 9903 | €2,734,498 | €2,558,026 | -€176,472 | -6.5% |
| Income taxes | 67/77 | €249,611 | €234,010 | -€15,601 | -6.2% |
| Profit (loss) for the period | 9904 | €2,484,887 | €2,324,016 | -€160,872 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,484,887 | €2,324,016 | -€160,872 | -6.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.