TANKKD: 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.
TANKKD
Largest movements
- Receivables within one year +€108,904
up €108,904 (+119%), from €91,547 to €200,451
of which Other amounts receivable: +€137,503
- Stocks and contracts +€46,883
up €46,883 (+26.0%), from €180,075 to €226,958
- Tangible fixed assets -€43,869
down €43,869 (-84.5%), from €51,913 to €8,044
of which Land and buildings: -€34,438
- Cash +€10,268
up €10,268 (+181%), from €5,668 to €15,937
mainly Net result for the year (+€81,834) and Tax, wage and social debts (+€40,263)
- Reserves +€81,383
up €81,383 (+40.2%), from €202,674 to €284,057
- Tax, wage and social debts +€40,263
up €40,263 (+126%), from €31,937 to €72,200
- Debts after one year -€25,000
down €25,000 (-16.7%), from €150,000 to €125,000
- Trade debts +€17,791
up €17,791 (+165%), from €10,772 to €28,563
- Other debts +€8,845
up €8,845 (+39.9%), from €22,179 to €31,024
- Financial income +€43,878
up €43,878 (+1,500%), from €2,925 to €46,803
of which Non-recurring financial income: +€40,280
- Financial charges -€22,878
down €22,878 (-63.4%), from €36,103 to €13,226
- Gross operating margin +€21,168
up €21,168 (+34.1%), from €61,993 to €83,160
- Taxes +€17,844
up €17,844 (+351%), from €5,089 to €22,933
- Other operating charges -€3,251
down €3,251 (-64.4%), from €5,045 to €1,794
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 | €435,711 | €559,444 | +€123,733 | +28.4% |
| Fixed assets | 21/28 | €55,306 | €11,437 | -€43,869 | -79.3% |
| Tangible fixed assets | 22/27 | €51,913 | €8,044 | -€43,869 | -84.5% |
| Land and buildings | 22 | €38,883 | €4,444 | -€34,438 | -88.6% |
| Plant, machinery and equipment | 23 | €10,668 | €2,228 | -€8,441 | -79.1% |
| Furniture and vehicles | 24 | €2,362 | €1,372 | -€990 | -41.9% |
| Financial fixed assets | 28 | €3,393 | €3,393 | = | 0.0% |
| Current assets | 29/58 | €380,405 | €548,007 | +€167,602 | +44.1% |
| Amounts receivable after more than one year | 29 | €103,115 | €104,661 | +€1,547 | +1.5% |
| Other amounts receivable | 291 | €103,115 | €104,661 | +€1,547 | +1.5% |
| Stocks and contracts in progress | 3 | €180,075 | €226,958 | +€46,883 | +26.0% |
| Stocks | 30/36 | €180,075 | €226,958 | +€46,883 | +26.0% |
| Amounts receivable within one year | 40/41 | €91,547 | €200,451 | +€108,904 | +119% |
| Trade receivables | 40 | €65,080 | €36,481 | -€28,599 | -43.9% |
| Other amounts receivable | 41 | €26,467 | €163,970 | +€137,503 | +520% |
| Cash at bank and in hand | 54/58 | €5,668 | €15,937 | +€10,268 | +181% |
| Total equity and liabilities | 10/49 | €435,711 | €559,444 | +€123,733 | +28.4% |
| Equity | 10/15 | €220,823 | €302,657 | +€81,834 | +37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €202,674 | €284,057 | +€81,383 | +40.2% |
| Distributable reserves | 133 | €202,674 | €284,057 | +€81,383 | +40.2% |
| Profit (loss) carried forward | 14 | -€451 | - | +€451 | |
| Amounts payable | 17/49 | €214,888 | €256,787 | +€41,899 | +19.5% |
| Amounts payable after more than one year | 17 | €150,000 | €125,000 | -€25,000 | -16.7% |
| Financial debts | 170/4 | €150,000 | €125,000 | -€25,000 | -16.7% |
| Amounts payable within one year | 42/48 | €64,888 | €131,787 | +€66,899 | +103% |
| Trade debts | 44 | €10,772 | €28,563 | +€17,791 | +165% |
| Suppliers | 440/4 | €10,772 | €28,563 | +€17,791 | +165% |
| Taxes, remuneration and social security | 45 | €31,937 | €72,200 | +€40,263 | +126% |
| Taxes | 450/3 | €31,937 | €72,200 | +€40,263 | +126% |
| Other amounts payable | 47/48 | €22,179 | €31,024 | +€8,845 | +39.9% |
| Non-recurring operating income | 76A | - | €9,647 | +€9,647 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,663 | €10,177 | -€1,486 | -12.7% |
| Other operating charges | 640/8 | €5,045 | €1,794 | -€3,251 | -64.4% |
| Gross operating margin | 9900 | €61,993 | €83,160 | +€21,168 | +34.1% |
| Operating profit (loss) | 9901 | €45,284 | €71,190 | +€25,905 | +57.2% |
| Financial income | 75/76B | €2,925 | €46,803 | +€43,878 | +1,500% |
| Recurring financial income | 75 | €2,925 | €6,523 | +€3,598 | +123% |
| Non-recurring financial income | 76B | - | €40,280 | +€40,280 | |
| Financial charges | 65/66B | €36,103 | €13,226 | -€22,878 | -63.4% |
| Recurring financial charges | 65 | €36,103 | €13,226 | -€22,878 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €12,106 | €104,767 | +€92,661 | +765% |
| Income taxes | 67/77 | €5,089 | €22,933 | +€17,844 | +351% |
| Profit (loss) for the period | 9904 | €7,017 | €81,834 | +€74,817 | +1,066% |
| Profit (loss) for the period to be appropriated | 9905 | €7,017 | €81,834 | +€74,817 | +1,066% |
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.