T & 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 & K
Largest movements
- Cash -€32,912
down €32,912 (-27.0%), from €122,122 to €89,210
mainly Other debts (-€30,720) and Net result for the year (-€2,982)
- Other debts -€30,720
down €30,720 (-90.9%), from €33,807 to €3,087
- Profit (loss) carried forward -€2,982
down €2,982 (-51.4%), from -€5,801 to -€8,783
- Gross operating margin -€5,969
down €5,969, from €3,897 to -€2,072
- Depreciation -€239
down €239 (-22.9%), from €1,042 to €804
- Financial charges -€116
down €116 (-72.1%), from €161 to €45
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 | €146,773 | €113,070 | -€33,702 | -23.0% |
| Fixed assets | 21/28 | €1,336 | €533 | -€804 | -60.1% |
| Tangible fixed assets | 22/27 | €1,336 | €533 | -€804 | -60.1% |
| Plant, machinery and equipment | 23 | €1,336 | €533 | -€804 | -60.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €145,436 | €112,537 | -€32,899 | -22.6% |
| Amounts receivable within one year | 40/41 | €22,890 | €22,890 | = | 0.0% |
| Trade receivables | 40 | €19,890 | €19,890 | = | 0.0% |
| Other amounts receivable | 41 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €122,122 | €89,210 | -€32,912 | -27.0% |
| Deferred charges and accrued income | 490/1 | €424 | €438 | +€13 | +3.2% |
| Total equity and liabilities | 10/49 | €146,773 | €113,070 | -€33,702 | -23.0% |
| Equity | 10/15 | €112,966 | €109,984 | -€2,982 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,567 | €112,567 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €110,707 | €110,707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,801 | -€8,783 | -€2,982 | -51.4% |
| Amounts payable | 17/49 | €33,807 | €3,087 | -€30,720 | -90.9% |
| Amounts payable within one year | 42/48 | €33,807 | €3,087 | -€30,720 | -90.9% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €33,807 | €3,087 | -€30,720 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,042 | €804 | -€239 | -22.9% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €3,897 | -€2,072 | -€5,969 | |
| Operating profit (loss) | 9901 | €2,793 | -€2,937 | -€5,730 | |
| Financial charges | 65/66B | €161 | €45 | -€116 | -72.1% |
| Recurring financial charges | 65 | €161 | €45 | -€116 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | €2,631 | -€2,982 | -€5,614 | |
| Profit (loss) for the period | 9904 | €2,631 | -€2,982 | -€5,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,631 | -€2,982 | -€5,614 |
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.