VAN TICHELT ENGINEERING: what changed
Two fiscal 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.
VAN TICHELT ENGINEERING
Largest movements
- Cash +€16,915
up €16,915 (+11.9%), from €142,219 to €159,134
mainly Net result for the year (+€19,758) and Depreciation (+€12,887)
- Receivables within one year +€9,513
up €9,513 (+50.2%), from €18,961 to €28,474
of which Trade receivables: +€5,107
- Tangible fixed assets -€8,670
down €8,670 (-14.6%), from €59,532 to €50,862
of which Land and buildings: -€6,779
- Reserves +€19,758
up €19,758 (+10.3%), from €192,110 to €211,868
of which Distributable reserves: +€19,758
- Tax, wage and social debts -€9,732
down €9,732 (-65.4%), from €14,891 to €5,159
of which Taxes: -€7,491
- Other debts +€4,113
up €4,113 (+86.5%), from €4,753 to €8,866
- Gross operating margin -€25,445
down €25,445 (-37.5%), from €67,806 to €42,361
- Taxes -€9,636
down €9,636 (-54.0%), from €17,835 to €8,199
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 | €226,585 | €242,644 | +€16,059 | +7.1% |
| Fixed assets | 21/28 | €59,532 | €50,862 | -€8,670 | -14.6% |
| Tangible fixed assets | 22/27 | €59,532 | €50,862 | -€8,670 | -14.6% |
| Land and buildings | 22 | €40,673 | €33,895 | -€6,779 | -16.7% |
| Plant, machinery and equipment | 23 | €11,624 | €9,457 | -€2,167 | -18.6% |
| Furniture and vehicles | 24 | €2,272 | €2,343 | +€72 | +3.2% |
| Other tangible fixed assets | 26 | €4,963 | €5,167 | +€204 | +4.1% |
| Current assets | 29/58 | €167,053 | €191,782 | +€24,728 | +14.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €18,961 | €28,474 | +€9,513 | +50.2% |
| Trade receivables | 40 | €18,816 | €23,923 | +€5,107 | +27.1% |
| Other amounts receivable | 41 | €145 | €4,551 | +€4,406 | +3037.1% |
| Cash at bank and in hand | 54/58 | €142,219 | €159,134 | +€16,915 | +11.9% |
| Deferred charges and accrued income | 490/1 | €5,873 | €4,173 | -€1,700 | -28.9% |
| Total equity and liabilities | 10/49 | €226,585 | €242,644 | +€16,059 | +7.1% |
| Equity | 10/15 | €204,510 | €224,268 | +€19,758 | +9.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €192,110 | €211,868 | +€19,758 | +10.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €192,110 | €211,868 | +€19,758 | +10.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,076 | €18,376 | -€3,699 | -16.8% |
| Amounts payable within one year | 42/48 | €21,977 | €18,277 | -€3,699 | -16.8% |
| Trade debts | 44 | €2,332 | €4,252 | +€1,920 | +82.4% |
| Suppliers | 440/4 | €2,332 | €4,252 | +€1,920 | +82.4% |
| Taxes, remuneration and social security | 45 | €14,891 | €5,159 | -€9,732 | -65.4% |
| Taxes | 450/3 | €12,650 | €5,159 | -€7,491 | -59.2% |
| Remuneration and social security | 454/9 | €2,242 | €0 | -€2,242 | -100.0% |
| Other amounts payable | 47/48 | €4,753 | €8,866 | +€4,113 | +86.5% |
| Accrued charges and deferred income | 492/3 | €99 | €99 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,859 | €12,887 | +€28 | +0.2% |
| Other operating charges | 640/8 | €2,068 | €2,169 | +€101 | +4.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €67,806 | €42,361 | -€25,445 | -37.5% |
| Operating profit (loss) | 9901 | €52,879 | €27,305 | -€25,574 | -48.4% |
| Financial income | 75/76B | €436 | €833 | +€397 | +91.0% |
| Recurring financial income | 75 | €436 | €833 | +€397 | +91.0% |
| Financial charges | 65/66B | €182 | €181 | -€1 | -0.4% |
| Recurring financial charges | 65 | €182 | €181 | -€1 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €53,133 | €27,956 | -€25,176 | -47.4% |
| Income taxes | 67/77 | €17,835 | €8,199 | -€9,636 | -54.0% |
| Profit (loss) for the period | 9904 | €35,298 | €19,758 | -€15,540 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,298 | €19,758 | -€15,540 | -44.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.