TYNESBORN: 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.
TYNESBORN
Largest movements
- Receivables within one year +€67,915
up €67,915 (+185%), from €36,750 to €104,665
of which Trade receivables: +€61,180
- Cash -€26,901
down €26,901 (-49.5%), from €54,324 to €27,423
mainly Receivables within one year (-€67,915) and Investment in fixed assets (net) (-€33,365)
- Tangible fixed assets +€22,620
up €22,620 (+24.8%), from €91,124 to €113,745
of which Plant, machinery and equipment: +€30,220
- Deferred charges and accrued income -€4,591
down €4,591 (-55.8%), from €8,229 to €3,638
- Accrued charges and deferred income +€41,124
new in 2025: €41,124
- Trade debts +€19,713
up €19,713 (+102%), from €19,404 to €39,117
- Tax, wage and social debts -€4,039
down €4,039 (-100%), from €4,039 to €0
- Profit (loss) carried forward +€3,723
up €3,723 (+99.9%), from €3,727 to €7,450
- Other operating charges -€1,905
down €1,905 (-75.1%), from €2,537 to €632
- Gross operating margin -€1,636
down €1,636 (-9.7%), from €16,879 to €15,242
- Depreciation +€1,601
up €1,601 (+16.8%), from €9,544 to €11,145
- Taxes -€876
down €876 (-94.0%), from €932 to €56
- Financial income +€452
up €452 (+8,896%), from €5 to €457
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 | €246,215 | €306,381 | +€60,166 | +24.4% |
| Formation expenses | 20 | €1,665 | €1,265 | -€400 | -24.0% |
| Fixed assets | 21/28 | €113,080 | €135,700 | +€22,620 | +20.0% |
| Tangible fixed assets | 22/27 | €91,124 | €113,745 | +€22,620 | +24.8% |
| Plant, machinery and equipment | 23 | €22,100 | €52,320 | +€30,220 | +137% |
| Furniture and vehicles | 24 | €69,025 | €61,425 | -€7,600 | -11.0% |
| Financial fixed assets | 28 | €21,955 | €21,955 | = | 0.0% |
| Current assets | 29/58 | €131,471 | €169,417 | +€37,946 | +28.9% |
| Stocks and contracts in progress | 3 | €32,168 | €33,691 | +€1,522 | +4.7% |
| Stocks | 30/36 | €32,168 | €33,691 | +€1,522 | +4.7% |
| Amounts receivable within one year | 40/41 | €36,750 | €104,665 | +€67,915 | +185% |
| Trade receivables | 40 | €36,750 | €97,930 | +€61,180 | +166% |
| Other amounts receivable | 41 | - | €6,735 | +€6,735 | |
| Cash at bank and in hand | 54/58 | €54,324 | €27,423 | -€26,901 | -49.5% |
| Deferred charges and accrued income | 490/1 | €8,229 | €3,638 | -€4,591 | -55.8% |
| Total equity and liabilities | 10/49 | €246,215 | €306,381 | +€60,166 | +24.4% |
| Equity | 10/15 | €8,727 | €12,450 | +€3,723 | +42.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,727 | €7,450 | +€3,723 | +99.9% |
| Amounts payable | 17/49 | €237,488 | €293,931 | +€56,443 | +23.8% |
| Amounts payable after more than one year | 17 | €214,045 | €213,690 | -€355 | -0.2% |
| Financial debts | 170/4 | €214,045 | €213,690 | -€355 | -0.2% |
| Amounts payable within one year | 42/48 | €23,443 | €39,117 | +€15,674 | +66.9% |
| Trade debts | 44 | €19,404 | €39,117 | +€19,713 | +102% |
| Suppliers | 440/4 | €19,404 | €39,117 | +€19,713 | +102% |
| Taxes, remuneration and social security | 45 | €4,039 | €0 | -€4,039 | -100% |
| Taxes | 450/3 | €4,039 | €0 | -€4,039 | -100% |
| Accrued charges and deferred income | 492/3 | - | €41,124 | +€41,124 | |
| Non-recurring operating income | 76A | - | €4,365 | +€4,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,544 | €11,145 | +€1,601 | +16.8% |
| Other operating charges | 640/8 | €2,537 | €632 | -€1,905 | -75.1% |
| Gross operating margin | 9900 | €16,879 | €15,242 | -€1,636 | -9.7% |
| Operating profit (loss) | 9901 | €4,798 | €3,465 | -€1,333 | -27.8% |
| Financial income | 75/76B | €5 | €457 | +€452 | +8,896% |
| Recurring financial income | 75 | €5 | €457 | +€452 | +8,896% |
| Financial charges | 65/66B | €144 | €143 | -€2 | -1.2% |
| Recurring financial charges | 65 | €144 | €143 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €4,659 | €3,779 | -€879 | -18.9% |
| Income taxes | 67/77 | €932 | €56 | -€876 | -94.0% |
| Profit (loss) for the period | 9904 | €3,727 | €3,723 | -€3 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,727 | €3,723 | -€3 | -0.1% |
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 26 October 2026 via checked.be.