T.K. CHASSIS: 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. CHASSIS
Largest movements
- Tangible fixed assets -€65,021
down €65,021 (-72.3%), from €89,890 to €24,869
of which Furniture and vehicles: -€55,918
- Cash +€20,451
up €20,451 (+158%), from €12,983 to €33,434
mainly Investment in fixed assets (net) (+€51,745) and Net result for the year (+€19,288)
- Receivables within one year +€18,403
up €18,403 (+24.0%), from €76,679 to €95,082
of which Other amounts receivable: +€14,423
- Debts after one year -€21,037
down €21,037 (-55.2%), from €38,115 to €17,077
- Reserves +€19,288
up €19,288 (+20.2%), from €95,413 to €114,700
of which Distributable reserves: +€19,288
- Current portion of long-term debt -€15,507
down €15,507 (-67.4%), from €23,001 to €7,494
- Tax, wage and social debts -€7,946
down €7,946 (-48.1%), from €16,521 to €8,575
of which Remuneration and social security: -€6,691
- Trade debts -€2,706
down €2,706 (-97.6%), from €2,772 to €67
- Staff costs -€29,570
down €29,570 (-37.5%), from €78,797 to €49,227
- Purchases and services -€28,132
down €28,132 (-29.6%), from €95,037 to €66,904
- Turnover -€26,636
down €26,636 (-14.3%), from €186,237 to €159,601
- Depreciation -€15,119
down €15,119 (-53.2%), from €28,395 to €13,276
- Other operating charges +€3,933
up €3,933 (+209%), from €1,884 to €5,818
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 | €182,022 | €154,113 | -€27,908 | -15.3% |
| Fixed assets | 21/28 | €90,190 | €25,169 | -€65,021 | -72.1% |
| Tangible fixed assets | 22/27 | €89,890 | €24,869 | -€65,021 | -72.3% |
| Plant, machinery and equipment | 23 | €639 | €206 | -€433 | -67.8% |
| Furniture and vehicles | 24 | €61,104 | €5,186 | -€55,918 | -91.5% |
| Leasing and similar rights | 25 | €28,148 | €19,478 | -€8,670 | -30.8% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €91,831 | €128,944 | +€37,113 | +40.4% |
| Amounts receivable within one year | 40/41 | €76,679 | €95,082 | +€18,403 | +24.0% |
| Trade receivables | 40 | - | €3,981 | +€3,981 | |
| Other amounts receivable | 41 | €76,679 | €91,102 | +€14,423 | +18.8% |
| Cash at bank and in hand | 54/58 | €12,983 | €33,434 | +€20,451 | +158% |
| Deferred charges and accrued income | 490/1 | €2,170 | €428 | -€1,741 | -80.3% |
| Total equity and liabilities | 10/49 | €182,022 | €154,113 | -€27,908 | -15.3% |
| Equity | 10/15 | €101,613 | €120,900 | +€19,288 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €95,413 | €114,700 | +€19,288 | +20.2% |
| 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 | €93,553 | €112,840 | +€19,288 | +20.6% |
| Amounts payable | 17/49 | €80,409 | €33,213 | -€47,196 | -58.7% |
| Amounts payable after more than one year | 17 | €38,115 | €17,077 | -€21,037 | -55.2% |
| Financial debts | 170/4 | €38,115 | €17,077 | -€21,037 | -55.2% |
| Amounts payable within one year | 42/48 | €42,294 | €16,136 | -€26,159 | -61.8% |
| Current portion of amounts payable after more than one year | 42 | €23,001 | €7,494 | -€15,507 | -67.4% |
| Trade debts | 44 | €2,772 | €67 | -€2,706 | -97.6% |
| Suppliers | 440/4 | €2,772 | €67 | -€2,706 | -97.6% |
| Taxes, remuneration and social security | 45 | €16,521 | €8,575 | -€7,946 | -48.1% |
| Taxes | 450/3 | €4,589 | €3,334 | -€1,255 | -27.3% |
| Remuneration and social security | 454/9 | €11,932 | €5,241 | -€6,691 | -56.1% |
| Turnover | 70 | €186,237 | €159,601 | -€26,636 | -14.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,037 | €66,904 | -€28,132 | -29.6% |
| Remuneration, social security and pensions | 62 | €78,797 | €49,227 | -€29,570 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,395 | €13,276 | -€15,119 | -53.2% |
| Other operating charges | 640/8 | €1,884 | €5,818 | +€3,933 | +209% |
| Gross operating margin | 9900 | €91,200 | €92,697 | +€1,496 | +1.6% |
| Operating profit (loss) | 9901 | -€17,876 | €24,375 | +€42,251 | |
| Financial charges | 65/66B | €3,241 | €2,132 | -€1,109 | -34.2% |
| Recurring financial charges | 65 | €3,241 | €2,132 | -€1,109 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,117 | €22,243 | +€43,360 | |
| Income taxes | 67/77 | €1,453 | €2,955 | +€1,503 | +103% |
| Profit (loss) for the period | 9904 | -€22,570 | €19,288 | +€41,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,570 | €19,288 | +€41,858 |
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 26 October 2026 via checked.be.