T & K: 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.
T & K
Largest movements
- Receivables within one year +€886
up €886 (+68.8%), from €1,287 to €2,173
- Other debts +€6,218
up €6,218 (+2.3%), from €274,302 to €280,520
- Profit (loss) carried forward -€5,304
down €5,304 (-1.8%), from -€295,120 to -€300,424
- Tax, wage and social debts -€30
no longer reported in 2025 (was €30)
- Write-downs -€85,000
no longer reported in 2025 (was €85,000)
- Financial charges -€836
down €836 (-85.4%), from €978 to €143
- Gross operating margin -€585
down €585 (-15.5%), from -€3,771 to -€4,356
- Other operating charges +€212
up €212 (+35.7%), from €593 to €805
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 | €1,323 | €2,199 | +€876 | +66.2% |
| Current assets | 29/58 | €1,323 | €2,199 | +€876 | +66.2% |
| Amounts receivable within one year | 40/41 | €1,287 | €2,173 | +€886 | +68.8% |
| Other amounts receivable | 41 | €1,287 | €2,173 | +€886 | +68.8% |
| Cash at bank and in hand | 54/58 | €36 | €27 | -€9 | -26.1% |
| Total equity and liabilities | 10/49 | €1,323 | €2,199 | +€876 | +66.2% |
| Equity | 10/15 | -€273,194 | -€278,498 | -€5,304 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,326 | €3,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €2,826 | €2,826 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,120 | -€300,424 | -€5,304 | -1.8% |
| Amounts payable | 17/49 | €274,517 | €280,697 | +€6,180 | +2.3% |
| Amounts payable within one year | 42/48 | €274,517 | €280,697 | +€6,180 | +2.3% |
| Trade debts | 44 | €185 | €178 | -€8 | -4.1% |
| Suppliers | 440/4 | €185 | €178 | -€8 | -4.1% |
| Taxes, remuneration and social security | 45 | €30 | - | -€30 | |
| Taxes | 450/3 | €30 | - | -€30 | |
| Other amounts payable | 47/48 | €274,302 | €280,520 | +€6,218 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €85,000 | - | -€85,000 | |
| Other operating charges | 640/8 | €593 | €805 | +€212 | +35.7% |
| Gross operating margin | 9900 | -€3,771 | -€4,356 | -€585 | -15.5% |
| Operating profit (loss) | 9901 | -€89,364 | -€5,161 | +€84,203 | +94.2% |
| Financial charges | 65/66B | €978 | €143 | -€836 | -85.4% |
| Recurring financial charges | 65 | €978 | €143 | -€836 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | -€90,343 | -€5,304 | +€85,039 | +94.1% |
| Profit (loss) for the period | 9904 | -€90,343 | -€5,304 | +€85,039 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,343 | -€5,304 | +€85,039 | +94.1% |
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 5 October 2026 via checked.be.