T'Kindt Construct: 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'Kindt Construct
Largest movements
- Receivables within one year +€13,972
up €13,972 (+1,166%), from €1,199 to €15,170
of which Other amounts receivable: +€10,546
- Tangible fixed assets +€3,295
up €3,295 (+33.8%), from €9,752 to €13,046
of which Plant, machinery and equipment: +€3,898
- Cash -€3,160
down €3,160 (-26.1%), from €12,087 to €8,928
mainly Receivables within one year (-€13,972) and Investment in fixed assets (net) (-€11,269)
- Deferred charges and accrued income +€1,849
new in 2025: €1,849
- Profit (loss) carried forward +€11,743
up €11,743 (+85.0%), from €13,819 to €25,562
- Current portion of long-term debt +€4,114
new in 2025: €4,114
- Trade debts +€2,369
up €2,369 (+380%), from €623 to €2,991
- Other debts -€1,953
down €1,953 (-70.1%), from €2,786 to €833
- Tax, wage and social debts -€668
down €668 (-17.5%), from €3,810 to €3,142
of which Taxes: -€2,668
- Depreciation +€5,270
up €5,270 (+195%), from €2,704 to €7,974
- Gross operating margin +€3,595
up €3,595 (+17.1%), from €21,002 to €24,597
- Financial charges +€540
up €540 (+464%), from €116 to €657
- Taxes -€279
down €279 (-7.3%), from €3,810 to €3,531
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 | €23,037 | €38,994 | +€15,956 | +69.3% |
| Fixed assets | 21/28 | €9,752 | €13,046 | +€3,295 | +33.8% |
| Tangible fixed assets | 22/27 | €9,752 | €13,046 | +€3,295 | +33.8% |
| Plant, machinery and equipment | 23 | €4,100 | €7,998 | +€3,898 | +95.1% |
| Furniture and vehicles | 24 | €5,651 | €5,048 | -€603 | -10.7% |
| Current assets | 29/58 | €13,286 | €25,947 | +€12,661 | +95.3% |
| Amounts receivable within one year | 40/41 | €1,199 | €15,170 | +€13,972 | +1,166% |
| Trade receivables | 40 | €121 | €3,546 | +€3,425 | +2,832% |
| Other amounts receivable | 41 | €1,078 | €11,624 | +€10,546 | +979% |
| Cash at bank and in hand | 54/58 | €12,087 | €8,928 | -€3,160 | -26.1% |
| Deferred charges and accrued income | 490/1 | - | €1,849 | +€1,849 | |
| Total equity and liabilities | 10/49 | €23,037 | €38,994 | +€15,956 | +69.3% |
| Equity | 10/15 | €15,819 | €27,562 | +€11,743 | +74.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,819 | €25,562 | +€11,743 | +85.0% |
| Amounts payable | 17/49 | €7,219 | €11,432 | +€4,213 | +58.4% |
| Amounts payable after more than one year | 17 | - | €352 | +€352 | |
| Financial debts | 170/4 | - | €352 | +€352 | |
| Amounts payable within one year | 42/48 | €7,219 | €11,080 | +€3,861 | +53.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,114 | +€4,114 | |
| Trade debts | 44 | €623 | €2,991 | +€2,369 | +380% |
| Suppliers | 440/4 | €623 | €2,991 | +€2,369 | +380% |
| Taxes, remuneration and social security | 45 | €3,810 | €3,142 | -€668 | -17.5% |
| Taxes | 450/3 | €3,810 | €1,142 | -€2,668 | -70.0% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €2,786 | €833 | -€1,953 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,704 | €7,974 | +€5,270 | +195% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €21,002 | €24,597 | +€3,595 | +17.1% |
| Operating profit (loss) | 9901 | €18,298 | €16,574 | -€1,724 | -9.4% |
| Financial income | 75/76B | €280 | €190 | -€90 | -32.3% |
| Recurring financial income | 75 | €280 | €190 | -€90 | -32.3% |
| Financial charges | 65/66B | €116 | €657 | +€540 | +464% |
| Recurring financial charges | 65 | €116 | €657 | +€540 | +464% |
| Profit (loss) for the period before taxes | 9903 | €18,462 | €16,107 | -€2,355 | -12.8% |
| Income taxes | 67/77 | €3,810 | €3,531 | -€279 | -7.3% |
| Profit (loss) for the period | 9904 | €14,652 | €12,576 | -€2,076 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,652 | €12,576 | -€2,076 | -14.2% |
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 13 October 2026 via checked.be.