TYTGAT Cheminée: what changed
TYTGAT Cheminée
Largest movements
- Receivables within one year +€195,402
up €195,402 (+87.4%), from €223,552 to €418,954
of which Trade receivables: +€212,363
- Cash +€102,972
up €102,972 (+84.5%), from €121,798 to €224,770
- Stocks and contracts -€13,622
down €13,622 (-47.2%), from €28,842 to €15,220
- Trade debts +€197,794
up €197,794 (+345%), from €57,380 to €255,173
- Profit (loss) carried forward +€122,313
up €122,313 (+60.5%), from €202,141 to €324,454
- Other debts -€82,884
down €82,884 (-100%), from €82,884 to €0
- Tax, wage and social debts +€39,084
up €39,084 (+148%), from €26,339 to €65,422
of which Taxes: +€35,080
- Gross operating margin +€131,368
up €131,368 (+107%), from €122,366 to €253,734
- Taxes +€40,449
up €40,449 (+159%), from €25,519 to €65,969
- Other operating charges +€28,353
up €28,353 (+4,647%), from €610 to €28,964
- Staff costs +€23,303
new in 2025: €23,303
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €379,231 | €660,538 | +€281,306 | +74.2% |
| Fixed assets | 21/28 | €5,040 | €1,450 | -€3,589 | -71.2% |
| Tangible fixed assets | 22/27 | €5,040 | €1,450 | -€3,589 | -71.2% |
| Plant, machinery and equipment | 23 | €5,040 | €1,450 | -€3,589 | -71.2% |
| Current assets | 29/58 | €374,192 | €659,088 | +€284,896 | +76.1% |
| Stocks and contracts in progress | 3 | €28,842 | €15,220 | -€13,622 | -47.2% |
| Stocks | 30/36 | €28,842 | €15,220 | -€13,622 | -47.2% |
| Amounts receivable within one year | 40/41 | €223,552 | €418,954 | +€195,402 | +87.4% |
| Trade receivables | 40 | €194,769 | €407,132 | +€212,363 | +109% |
| Other amounts receivable | 41 | €28,783 | €11,822 | -€16,961 | -58.9% |
| Cash at bank and in hand | 54/58 | €121,798 | €224,770 | +€102,972 | +84.5% |
| Deferred charges and accrued income | 490/1 | - | €143 | +€143 | |
| Total equity and liabilities | 10/49 | €379,231 | €660,538 | +€281,306 | +74.2% |
| Equity | 10/15 | €207,141 | €334,454 | +€127,313 | +61.5% |
| Contributions | 10/11 | €5,000 | €10,000 | +€5,000 | +100% |
| Reserves | 13 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | €202,141 | €324,454 | +€122,313 | +60.5% |
| Amounts payable | 17/49 | €172,090 | €326,084 | +€153,994 | +89.5% |
| Amounts payable within one year | 42/48 | €172,090 | €326,084 | +€153,994 | +89.5% |
| Trade debts | 44 | €57,380 | €255,173 | +€197,794 | +345% |
| Suppliers | 440/4 | €57,380 | €255,173 | +€197,794 | +345% |
| Advances received on contracts in progress | 46 | €5,488 | €5,488 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,339 | €65,422 | +€39,084 | +148% |
| Taxes | 450/3 | €26,339 | €61,419 | +€35,080 | +133% |
| Remuneration and social security | 454/9 | - | €4,004 | +€4,004 | |
| Other amounts payable | 47/48 | €82,884 | €0 | -€82,884 | -100% |
| Remuneration, social security and pensions | 62 | - | €23,303 | +€23,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,474 | €5,463 | +€988 | +22.1% |
| Other operating charges | 640/8 | €610 | €28,964 | +€28,353 | +4,647% |
| Non-recurring operating charges | 66A | - | €7,849 | +€7,849 | |
| Gross operating margin | 9900 | €122,366 | €253,734 | +€131,368 | +107% |
| Operating profit (loss) | 9901 | €117,281 | €188,156 | +€70,875 | +60.4% |
| Financial income | 75/76B | €1,448 | €582 | -€866 | -59.8% |
| Recurring financial income | 75 | €1,448 | €582 | -€866 | -59.8% |
| Financial charges | 65/66B | €310 | €457 | +€148 | +47.8% |
| Recurring financial charges | 65 | €310 | €457 | +€148 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €118,420 | €188,281 | +€69,861 | +59.0% |
| Income taxes | 67/77 | €25,519 | €65,969 | +€40,449 | +159% |
| Profit (loss) for the period | 9904 | €92,901 | €122,313 | +€29,412 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,901 | €122,313 | +€29,412 | +31.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.