TC-KINE: 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.
TC-KINE
Largest movements
- Cash +€18,997
up €18,997 (+372.8%), from €5,096 to €24,093
mainly Net result for the year (+€12,169) and Trade debts (+€9,512)
- Tangible fixed assets +€1,575
up €1,575 (+29.6%), from €5,312 to €6,886
of which Furniture and vehicles: +€815
- Receivables within one year +€1,473
up €1,473 (+3.9%), from €37,549 to €39,022
- Deferred charges and accrued income +€896
up €896 (+101.2%), from €886 to €1,782
- Reserves +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Trade debts +€9,512
up €9,512 (+232.3%), from €4,094 to €13,607
- Profit (loss) carried forward +€2,169
up €2,169 (+25.3%), from €8,566 to €10,735
- Tax, wage and social debts +€1,182
up €1,182 (+9.0%), from €13,182 to €14,364
- Gross operating margin -€23,343
down €23,343 (-53.7%), from €43,485 to €20,142
- Taxes -€7,000
down €7,000 (-53.1%), from €13,182 to €6,182
- Financial charges -€1,038
down €1,038 (-97.6%), from €1,064 to €25
- Depreciation +€891
up €891 (+177.4%), from €502 to €1,393
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 | €48,843 | €71,784 | +€22,941 | +47.0% |
| Fixed assets | 21/28 | €5,312 | €6,886 | +€1,575 | +29.6% |
| Tangible fixed assets | 22/27 | €5,312 | €6,886 | +€1,575 | +29.6% |
| Plant, machinery and equipment | 23 | - | €759 | +€759 | |
| Furniture and vehicles | 24 | €5,312 | €6,127 | +€815 | +15.4% |
| Current assets | 29/58 | €43,531 | €64,897 | +€21,366 | +49.1% |
| Amounts receivable within one year | 40/41 | €37,549 | €39,022 | +€1,473 | +3.9% |
| Other amounts receivable | 41 | €37,549 | €39,022 | +€1,473 | +3.9% |
| Cash at bank and in hand | 54/58 | €5,096 | €24,093 | +€18,997 | +372.8% |
| Deferred charges and accrued income | 490/1 | €886 | €1,782 | +€896 | +101.2% |
| Total equity and liabilities | 10/49 | €48,843 | €71,784 | +€22,941 | +47.0% |
| Equity | 10/15 | €31,566 | €43,735 | +€12,169 | +38.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Distributable reserves | 133 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Profit (loss) carried forward | 14 | €8,566 | €10,735 | +€2,169 | +25.3% |
| Amounts payable | 17/49 | €17,276 | €28,048 | +€10,772 | +62.4% |
| Amounts payable within one year | 42/48 | €17,276 | €28,048 | +€10,772 | +62.4% |
| Financial debts | 43 | - | €77 | +€77 | |
| Credit institutions | 430/8 | - | €77 | +€77 | |
| Trade debts | 44 | €4,094 | €13,607 | +€9,512 | +232.3% |
| Suppliers | 440/4 | €4,094 | €13,607 | +€9,512 | +232.3% |
| Taxes, remuneration and social security | 45 | €13,182 | €14,364 | +€1,182 | +9.0% |
| Taxes | 450/3 | €13,182 | €14,364 | +€1,182 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €1,393 | +€891 | +177.4% |
| Other operating charges | 640/8 | €171 | €372 | +€202 | +117.9% |
| Gross operating margin | 9900 | €43,485 | €20,142 | -€23,343 | -53.7% |
| Operating profit (loss) | 9901 | €42,812 | €18,377 | -€24,435 | -57.1% |
| Financial charges | 65/66B | €1,064 | €25 | -€1,038 | -97.6% |
| Recurring financial charges | 65 | €1,064 | €25 | -€1,038 | -97.6% |
| Profit (loss) for the period before taxes | 9903 | €41,748 | €18,351 | -€23,397 | -56.0% |
| Income taxes | 67/77 | €13,182 | €6,182 | -€7,000 | -53.1% |
| Profit (loss) for the period | 9904 | €28,566 | €12,169 | -€16,397 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,566 | €12,169 | -€16,397 | -57.4% |
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 11 October 2026 via checked.be.