T.KC: 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.KC
Largest movements
- Cash +€28,351
up €28,351 (+170.6%), from €16,618 to €44,970
mainly Net result for the year (+€41,413) and Depreciation (+€24,566)
- Receivables within one year +€21,234
up €21,234 (+30.3%), from €69,978 to €91,212
of which Trade receivables: +€11,670
- Tangible fixed assets +€3,598
up €3,598 (+3.8%), from €95,461 to €99,059
of which Furniture and vehicles: +€10,051
- Profit (loss) carried forward +€41,413
up €41,413 (+117.9%), from €35,137 to €76,550
- Tax, wage and social debts +€9,312
up €9,312 (+256.9%), from €3,625 to €12,936
- Current portion of long-term debt +€7,922
up €7,922 (+22.3%), from €35,603 to €43,526
- Debts after one year -€6,193
down €6,193 (-9.5%), from €64,972 to €58,779
- Other debts -€4,425
down €4,425 (-99.3%), from €4,455 to €30
- Gross operating margin +€39,792
up €39,792 (+77.4%), from €51,413 to €91,205
- Depreciation -€13,079
down €13,079 (-34.7%), from €37,645 to €24,566
- Taxes +€10,245
up €10,245 (+450.5%), from €2,274 to €12,519
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 | €183,206 | €236,437 | +€53,231 | +29.1% |
| Fixed assets | 21/28 | €95,491 | €99,089 | +€3,598 | +3.8% |
| Tangible fixed assets | 22/27 | €95,461 | €99,059 | +€3,598 | +3.8% |
| Plant, machinery and equipment | 23 | €34,429 | €27,976 | -€6,452 | -18.7% |
| Furniture and vehicles | 24 | €61,032 | €71,083 | +€10,051 | +16.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €87,715 | €137,348 | +€49,632 | +56.6% |
| Amounts receivable within one year | 40/41 | €69,978 | €91,212 | +€21,234 | +30.3% |
| Trade receivables | 40 | €69,926 | €81,596 | +€11,670 | +16.7% |
| Other amounts receivable | 41 | €52 | €9,615 | +€9,564 | +18437.5% |
| Cash at bank and in hand | 54/58 | €16,618 | €44,970 | +€28,351 | +170.6% |
| Deferred charges and accrued income | 490/1 | €1,119 | €1,167 | +€47 | +4.2% |
| Total equity and liabilities | 10/49 | €183,206 | €236,437 | +€53,231 | +29.1% |
| Equity | 10/15 | €41,137 | €82,550 | +€41,413 | +100.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,137 | €76,550 | +€41,413 | +117.9% |
| Amounts payable | 17/49 | €142,069 | €153,887 | +€11,818 | +8.3% |
| Amounts payable after more than one year | 17 | €64,972 | €58,779 | -€6,193 | -9.5% |
| Financial debts | 170/4 | €64,972 | €58,779 | -€6,193 | -9.5% |
| Amounts payable within one year | 42/48 | €77,097 | €94,160 | +€17,062 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €35,603 | €43,526 | +€7,922 | +22.3% |
| Trade debts | 44 | €33,414 | €37,668 | +€4,253 | +12.7% |
| Suppliers | 440/4 | €33,414 | €37,668 | +€4,253 | +12.7% |
| Taxes, remuneration and social security | 45 | €3,625 | €12,936 | +€9,312 | +256.9% |
| Taxes | 450/3 | €3,625 | €12,936 | +€9,312 | +256.9% |
| Other amounts payable | 47/48 | €4,455 | €30 | -€4,425 | -99.3% |
| Accrued charges and deferred income | 492/3 | - | €948 | +€948 | |
| Non-recurring operating income | 76A | €6,343 | - | -€6,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,645 | €24,566 | -€13,079 | -34.7% |
| Other operating charges | 640/8 | €1,389 | €1,766 | +€377 | +27.2% |
| Non-recurring operating charges | 66A | - | €7,928 | +€7,928 | |
| Gross operating margin | 9900 | €51,413 | €91,205 | +€39,792 | +77.4% |
| Operating profit (loss) | 9901 | €12,379 | €56,944 | +€44,565 | +360.0% |
| Financial income | 75/76B | €5 | €109 | +€104 | +1985.9% |
| Recurring financial income | 75 | €5 | €109 | +€104 | +1985.9% |
| Financial charges | 65/66B | €2,629 | €3,122 | +€492 | +18.7% |
| Recurring financial charges | 65 | €2,629 | €3,122 | +€492 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €9,755 | €53,931 | +€44,176 | +452.9% |
| Income taxes | 67/77 | €2,274 | €12,519 | +€10,245 | +450.5% |
| Profit (loss) for the period | 9904 | €7,481 | €41,413 | +€33,932 | +453.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,481 | €41,413 | +€33,932 | +453.6% |
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 6 October 2026 via checked.be.