Tinis: 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.
Tinis
Largest movements
- Cash +€59,205
up €59,205, from €0 to €59,205
mainly Net result for the year (+€89,784) and Depreciation (+€45,550)
- Tangible fixed assets -€35,717
down €35,717 (-17.1%), from €208,918 to €173,201
- Profit (loss) carried forward +€89,784
up €89,784 (+33.9%), from -€265,046 to -€175,262
- Short-term financial debts -€55,095
down €55,095 (-99.8%), from €55,195 to €99
- Debts after one year -€6,900
down €6,900 (-100%), from €6,900 to €0
- Current portion of long-term debt -€4,846
down €4,846 (-41.3%), from €11,746 to €6,900
- Accrued charges and deferred income +€3,682
new in 2025: €3,682
- Gross operating margin +€65,671
up €65,671 (+30.7%), from €213,607 to €279,278
- Staff costs +€5,670
up €5,670 (+4.4%), from €129,646 to €135,315
- Other operating charges -€3,135
down €3,135 (-61.4%), from €5,108 to €1,973
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 | €318,228 | €344,260 | +€26,032 | +8.2% |
| Fixed assets | 21/28 | €209,054 | €173,337 | -€35,717 | -17.1% |
| Tangible fixed assets | 22/27 | €208,918 | €173,201 | -€35,717 | -17.1% |
| Land and buildings | 22 | €125,506 | €109,790 | -€15,715 | -12.5% |
| Plant, machinery and equipment | 23 | €62,343 | €51,220 | -€11,123 | -17.8% |
| Furniture and vehicles | 24 | €21,069 | €12,190 | -€8,879 | -42.1% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €109,174 | €170,923 | +€61,749 | +56.6% |
| Amounts receivable within one year | 40/41 | €36,953 | €37,072 | +€119 | +0.3% |
| Trade receivables | 40 | €36,953 | €37,072 | +€119 | +0.3% |
| Current investments | 50/53 | €69,756 | €72,756 | +€3,000 | +4.3% |
| Cash at bank and in hand | 54/58 | €0 | €59,205 | +€59,205 | |
| Deferred charges and accrued income | 490/1 | €2,465 | €1,890 | -€575 | -23.3% |
| Total equity and liabilities | 10/49 | €318,228 | €344,260 | +€26,032 | +8.2% |
| Equity | 10/15 | €145,672 | €235,456 | +€89,784 | +61.6% |
| Contributions | 10/11 | €222,550 | €222,550 | = | 0.0% |
| Reserves | 13 | €188,168 | €188,168 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,773 | €32,773 | = | 0.0% |
| Distributable reserves | 133 | €155,395 | €155,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€265,046 | -€175,262 | +€89,784 | +33.9% |
| Amounts payable | 17/49 | €172,556 | €108,804 | -€63,752 | -36.9% |
| Amounts payable after more than one year | 17 | €6,900 | €0 | -€6,900 | -100% |
| Financial debts | 170/4 | €6,900 | €0 | -€6,900 | -100% |
| Amounts payable within one year | 42/48 | €165,656 | €105,122 | -€60,534 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €11,746 | €6,900 | -€4,846 | -41.3% |
| Financial debts | 43 | €55,195 | €99 | -€55,095 | -99.8% |
| Credit institutions | 430/8 | €55,195 | €99 | -€55,095 | -99.8% |
| Trade debts | 44 | €21,097 | €21,183 | +€86 | +0.4% |
| Suppliers | 440/4 | €21,097 | €21,183 | +€86 | +0.4% |
| Taxes, remuneration and social security | 45 | €25,610 | €24,931 | -€680 | -2.7% |
| Taxes | 450/3 | €3,842 | €3,414 | -€427 | -11.1% |
| Remuneration and social security | 454/9 | €21,769 | €21,517 | -€252 | -1.2% |
| Other amounts payable | 47/48 | €52,009 | €52,009 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,682 | +€3,682 | |
| Remuneration, social security and pensions | 62 | €129,646 | €135,315 | +€5,670 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,265 | €45,550 | -€1,714 | -3.6% |
| Other operating charges | 640/8 | €5,108 | €1,973 | -€3,135 | -61.4% |
| Gross operating margin | 9900 | €213,607 | €279,278 | +€65,671 | +30.7% |
| Operating profit (loss) | 9901 | €31,589 | €96,440 | +€64,851 | +205% |
| Financial income | 75/76B | €29 | €131 | +€102 | +350% |
| Recurring financial income | 75 | €29 | €131 | +€102 | +350% |
| Financial charges | 65/66B | €9,534 | €7,193 | -€2,341 | -24.6% |
| Recurring financial charges | 65 | €9,534 | €7,193 | -€2,341 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €22,084 | €89,378 | +€67,294 | +305% |
| Income taxes | 67/77 | €428 | -€406 | -€835 | |
| Profit (loss) for the period | 9904 | €21,656 | €89,784 | +€68,128 | +315% |
| Profit (loss) for the period to be appropriated | 9905 | €21,656 | €89,784 | +€68,128 | +315% |
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 28 October 2026 via checked.be.