T&K BUILDING: 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 BUILDING
Largest movements
- Stocks and contracts +€525,363
up €525,363 (+310%), from €169,478 to €694,841
- Cash -€188,290
down €188,290 (-55.9%), from €337,127 to €148,837
mainly Stocks and contracts (-€525,363) and Investment in fixed assets (net) (-€161,741)
- Receivables after one year -€163,000
down €163,000 (-100%), from €163,000 to €0
- Tangible fixed assets +€133,933
up €133,933 (+34.4%), from €389,781 to €523,714
of which Land and buildings: +€383,589
- Receivables within one year +€83,204
up €83,204 (+107%), from €77,885 to €161,089
of which Trade receivables: +€69,032
- Current portion of long-term debt +€252,974
up €252,974 (+806%), from €31,404 to €284,378
- Debts after one year +€206,087
up €206,087 (+75.6%), from €272,541 to €478,628
- Accrued charges and deferred income +€131,791
up €131,791 (+724%), from €18,209 to €150,000
- Trade debts -€129,735
down €129,735 (-72.3%), from €179,316 to €49,581
- Profit (loss) carried forward -€68,647
down €68,647 (-88.9%), from €77,182 to €8,535
- Gross operating margin -€154,087
down €154,087 (-57.1%), from €269,688 to €115,601
- Taxes -€37,266
down €37,266 (-97.8%), from €38,110 to €844
- Financial income -€28,586
down €28,586 (-81.1%), from €35,238 to €6,652
- Other operating charges -€9,591
down €9,591 (-63.8%), from €15,025 to €5,434
- Staff costs +€7,831
up €7,831 (+6.5%), from €121,231 to €129,061
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 | €1,164,820 | €1,555,489 | +€390,669 | +33.5% |
| Fixed assets | 21/28 | €390,281 | €524,214 | +€133,933 | +34.3% |
| Tangible fixed assets | 22/27 | €389,781 | €523,714 | +€133,933 | +34.4% |
| Land and buildings | 22 | €95,000 | €478,589 | +€383,589 | +404% |
| Plant, machinery and equipment | 23 | €867 | €1,412 | +€546 | +63.0% |
| Furniture and vehicles | 24 | €1,141 | €2,531 | +€1,390 | +122% |
| Leasing and similar rights | 25 | €57,600 | €41,182 | -€16,418 | -28.5% |
| Assets under construction and advance payments | 27 | €235,174 | €0 | -€235,174 | -100% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €774,539 | €1,031,275 | +€256,736 | +33.1% |
| Amounts receivable after more than one year | 29 | €163,000 | €0 | -€163,000 | -100% |
| Other amounts receivable | 291 | €163,000 | €0 | -€163,000 | -100% |
| Stocks and contracts in progress | 3 | €169,478 | €694,841 | +€525,363 | +310% |
| Stocks | 30/36 | €169,478 | €694,841 | +€525,363 | +310% |
| Amounts receivable within one year | 40/41 | €77,885 | €161,089 | +€83,204 | +107% |
| Trade receivables | 40 | €22,209 | €91,242 | +€69,032 | +311% |
| Other amounts receivable | 41 | €55,676 | €69,847 | +€14,171 | +25.5% |
| Current investments | 50/53 | €9,998 | €9,998 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €337,127 | €148,837 | -€188,290 | -55.9% |
| Deferred charges and accrued income | 490/1 | €17,051 | €16,510 | -€541 | -3.2% |
| Total equity and liabilities | 10/49 | €1,164,820 | €1,555,489 | +€390,669 | +33.5% |
| Equity | 10/15 | €539,304 | €470,657 | -€68,647 | -12.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €443,572 | €443,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €443,572 | €443,572 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,182 | €8,535 | -€68,647 | -88.9% |
| Amounts payable | 17/49 | €625,516 | €1,084,832 | +€459,316 | +73.4% |
| Amounts payable after more than one year | 17 | €272,541 | €478,628 | +€206,087 | +75.6% |
| Financial debts | 170/4 | €272,541 | €478,628 | +€206,087 | +75.6% |
| Amounts payable within one year | 42/48 | €334,766 | €456,204 | +€121,438 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €31,404 | €284,378 | +€252,974 | +806% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €179,316 | €49,581 | -€129,735 | -72.3% |
| Suppliers | 440/4 | €179,316 | €49,581 | -€129,735 | -72.3% |
| Advances received on contracts in progress | 46 | €50,000 | €0 | -€50,000 | -100% |
| Taxes, remuneration and social security | 45 | €73,856 | €75,328 | +€1,471 | +2.0% |
| Taxes | 450/3 | €59,267 | €58,805 | -€463 | -0.8% |
| Remuneration and social security | 454/9 | €14,589 | €16,523 | +€1,934 | +13.3% |
| Other amounts payable | 47/48 | €190 | €46,917 | +€46,727 | +24,636% |
| Accrued charges and deferred income | 492/3 | €18,209 | €150,000 | +€131,791 | +724% |
| Remuneration, social security and pensions | 62 | €121,231 | €129,061 | +€7,831 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,711 | €27,808 | -€3,903 | -12.3% |
| Other operating charges | 640/8 | €15,025 | €5,434 | -€9,591 | -63.8% |
| Gross operating margin | 9900 | €269,688 | €115,601 | -€154,087 | -57.1% |
| Operating profit (loss) | 9901 | €101,721 | -€46,703 | -€148,424 | |
| Financial income | 75/76B | €35,238 | €6,652 | -€28,586 | -81.1% |
| Recurring financial income | 75 | €35,238 | €6,652 | -€28,586 | -81.1% |
| Financial charges | 65/66B | €23,058 | €27,753 | +€4,695 | +20.4% |
| Recurring financial charges | 65 | €23,058 | €27,753 | +€4,695 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €113,902 | -€67,804 | -€181,705 | |
| Income taxes | 67/77 | €38,110 | €844 | -€37,266 | -97.8% |
| Profit (loss) for the period | 9904 | €75,792 | -€68,647 | -€144,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,792 | -€68,647 | -€144,439 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.