TBK-TECH: 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.
TBK-TECH
Largest movements
- Receivables within one year -€49,608
down €49,608 (-52.3%), from €94,934 to €45,326
of which Trade receivables: -€53,801
- Tangible fixed assets -€12,361
down €12,361 (-24.6%), from €50,206 to €37,845
of which Furniture and vehicles: -€10,348
- Cash -€3,415
down €3,415 (-19.1%), from €17,878 to €14,463
mainly Trade debts (-€61,702) and Contributions, distributions and other (-€12,000)
- Trade debts -€61,702
down €61,702 (-79.0%), from €78,146 to €16,445
- Other debts +€12,000
new in 2025: €12,000
- Debts after one year -€11,365
down €11,365 (-36.1%), from €31,503 to €20,138
- Tax, wage and social debts -€2,389
down €2,389 (-19.1%), from €12,535 to €10,146
of which Remuneration and social security: -€4,119
- Staff costs -€26,977
down €26,977 (-92.1%), from €29,286 to €2,309
- Gross operating margin +€10,250
up €10,250 (+43.9%), from €23,351 to €33,600
- Depreciation +€5,123
up €5,123 (+88.6%), from €5,785 to €10,908
- Taxes +€4,405
up €4,405 (+9882.1%), from €45 to €4,450
- Financial charges +€662
up €662 (+37.7%), from €1,756 to €2,419
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 | €164,382 | €100,272 | -€64,111 | -39.0% |
| Fixed assets | 21/28 | €50,206 | €37,845 | -€12,361 | -24.6% |
| Tangible fixed assets | 22/27 | €50,206 | €37,845 | -€12,361 | -24.6% |
| Plant, machinery and equipment | 23 | €3,576 | €1,563 | -€2,013 | -56.3% |
| Furniture and vehicles | 24 | €46,630 | €36,282 | -€10,348 | -22.2% |
| Current assets | 29/58 | €114,176 | €62,426 | -€51,750 | -45.3% |
| Amounts receivable within one year | 40/41 | €94,934 | €45,326 | -€49,608 | -52.3% |
| Trade receivables | 40 | €71,662 | €17,861 | -€53,801 | -75.1% |
| Other amounts receivable | 41 | €23,272 | €27,465 | +€4,193 | +18.0% |
| Cash at bank and in hand | 54/58 | €17,878 | €14,463 | -€3,415 | -19.1% |
| Deferred charges and accrued income | 490/1 | €1,364 | €2,638 | +€1,274 | +93.4% |
| Total equity and liabilities | 10/49 | €164,382 | €100,272 | -€64,111 | -39.0% |
| Equity | 10/15 | €31,115 | €30,178 | -€937 | -3.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,115 | €24,178 | -€937 | -3.7% |
| Amounts payable | 17/49 | €133,267 | €70,094 | -€63,174 | -47.4% |
| Amounts payable after more than one year | 17 | €31,503 | €20,138 | -€11,365 | -36.1% |
| Financial debts | 170/4 | €31,503 | €20,138 | -€11,365 | -36.1% |
| Amounts payable within one year | 42/48 | €101,537 | €49,955 | -€51,581 | -50.8% |
| Current portion of amounts payable after more than one year | 42 | €10,856 | €11,365 | +€509 | +4.7% |
| Trade debts | 44 | €78,146 | €16,445 | -€61,702 | -79.0% |
| Suppliers | 440/4 | €78,146 | €16,445 | -€61,702 | -79.0% |
| Taxes, remuneration and social security | 45 | €12,535 | €10,146 | -€2,389 | -19.1% |
| Taxes | 450/3 | €8,372 | €10,102 | +€1,731 | +20.7% |
| Remuneration and social security | 454/9 | €4,163 | €44 | -€4,119 | -98.9% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Accrued charges and deferred income | 492/3 | €228 | - | -€228 | |
| Remuneration, social security and pensions | 62 | €29,286 | €2,309 | -€26,977 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,785 | €10,908 | +€5,123 | +88.6% |
| Other operating charges | 640/8 | €3,614 | €3,286 | -€328 | -9.1% |
| Gross operating margin | 9900 | €23,351 | €33,600 | +€10,250 | +43.9% |
| Operating profit (loss) | 9901 | -€15,334 | €17,097 | +€32,431 | |
| Financial income | 75/76B | €713 | €835 | +€121 | +17.0% |
| Recurring financial income | 75 | €713 | €835 | +€121 | +17.0% |
| Financial charges | 65/66B | €1,756 | €2,419 | +€662 | +37.7% |
| Recurring financial charges | 65 | €1,756 | €2,419 | +€662 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,377 | €15,513 | +€31,890 | |
| Income taxes | 67/77 | €45 | €4,450 | +€4,405 | +9882.1% |
| Profit (loss) for the period | 9904 | -€16,421 | €11,063 | +€27,485 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,421 | €11,063 | +€27,485 |
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 12 October 2026 via checked.be.