T.A.K.: 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.
T.A.K.
Largest movements
- Cash -€7,793
down €7,793 (-97.5%), from €7,995 to €202
mainly Net result for the year (-€11,682) and Other debts (-€5,430)
- Tangible fixed assets -€3,223
down €3,223 (-4.4%), from €73,293 to €70,071
of which Land and buildings: -€3,682
- Receivables within one year -€2,988
down €2,988 (-37.9%), from €7,885 to €4,897
of which Trade receivables: -€2,988
- Reserves -€8,453
down €8,453 (-48.8%), from €17,307 to €8,854
- Other debts -€5,430
down €5,430 (-64.7%), from €8,394 to €2,965
- Profit (loss) carried forward -€3,228
new in 2025: -€3,228
- Tax, wage and social debts +€1,657
up €1,657 (+94.2%), from €1,758 to €3,416
of which Remuneration and social security: +€2,006
- Gross operating margin -€18,130
down €18,130, from €14,938 to -€3,193
- Taxes -€578
down €578 (-100%), from €578 to €0
- Financial charges -€458
down €458 (-57.9%), from €791 to €333
- Write-downs +€317
new in 2025: €317
- Financial income +€185
up €185 (+3,215%), from €6 to €191
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 | €93,820 | €79,806 | -€14,014 | -14.9% |
| Fixed assets | 21/28 | €76,293 | €73,071 | -€3,223 | -4.2% |
| Tangible fixed assets | 22/27 | €73,293 | €70,071 | -€3,223 | -4.4% |
| Land and buildings | 22 | €73,293 | €69,611 | -€3,682 | -5.0% |
| Plant, machinery and equipment | 23 | - | €459 | +€459 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €17,527 | €6,735 | -€10,791 | -61.6% |
| Stocks and contracts in progress | 3 | €1,328 | €1,288 | -€40 | -3.0% |
| Stocks | 30/36 | €1,328 | €1,288 | -€40 | -3.0% |
| Amounts receivable within one year | 40/41 | €7,885 | €4,897 | -€2,988 | -37.9% |
| Trade receivables | 40 | €7,844 | €4,856 | -€2,988 | -38.1% |
| Other amounts receivable | 41 | €41 | €41 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,995 | €202 | -€7,793 | -97.5% |
| Deferred charges and accrued income | 490/1 | €319 | €349 | +€30 | +9.3% |
| Total equity and liabilities | 10/49 | €93,820 | €79,806 | -€14,014 | -14.9% |
| Equity | 10/15 | €79,837 | €68,156 | -€11,682 | -14.6% |
| Contributions | 10/11 | €62,530 | €62,530 | = | 0.0% |
| Reserves | 13 | €17,307 | €8,854 | -€8,453 | -48.8% |
| Distributable reserves | 133 | €17,307 | €8,854 | -€8,453 | -48.8% |
| Profit (loss) carried forward | 14 | - | -€3,228 | -€3,228 | |
| Amounts payable | 17/49 | €13,983 | €11,650 | -€2,332 | -16.7% |
| Amounts payable within one year | 42/48 | €13,233 | €10,900 | -€2,332 | -17.6% |
| Financial debts | 43 | €0 | €857 | +€857 | |
| Credit institutions | 430/8 | €0 | €857 | +€857 | |
| Trade debts | 44 | €3,080 | €3,663 | +€583 | +18.9% |
| Suppliers | 440/4 | €3,080 | €3,663 | +€583 | +18.9% |
| Taxes, remuneration and social security | 45 | €1,758 | €3,416 | +€1,657 | +94.2% |
| Taxes | 450/3 | €1,758 | €1,410 | -€348 | -19.8% |
| Remuneration and social security | 454/9 | €0 | €2,006 | +€2,006 | |
| Other amounts payable | 47/48 | €8,394 | €2,965 | -€5,430 | -64.7% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,682 | €3,823 | +€141 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €317 | +€317 | |
| Other operating charges | 640/8 | €4,109 | €4,206 | +€97 | +2.4% |
| Gross operating margin | 9900 | €14,938 | -€3,193 | -€18,130 | |
| Operating profit (loss) | 9901 | €7,147 | -€11,539 | -€18,686 | |
| Financial income | 75/76B | €6 | €191 | +€185 | +3,215% |
| Recurring financial income | 75 | €6 | €191 | +€185 | +3,215% |
| Financial charges | 65/66B | €791 | €333 | -€458 | -57.9% |
| Recurring financial charges | 65 | €791 | €333 | -€458 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €6,362 | -€11,682 | -€18,044 | |
| Income taxes | 67/77 | €578 | €0 | -€578 | -100% |
| Profit (loss) for the period | 9904 | €5,784 | -€11,682 | -€17,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,784 | -€11,682 | -€17,465 |
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 18 October 2026 via checked.be.