TDK Holding: 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.
TDK Holding
Largest movements
- Stocks and contracts -€10,715
down €10,715 (-76.5%), from €14,001 to €3,285
- Tangible fixed assets +€7,703
up €7,703 (+7.5%), from €102,181 to €109,884
of which Furniture and vehicles: +€7,703
- Cash -€3,011
down €3,011 (-24.8%), from €12,127 to €9,116
mainly Net result for the year (-€26,446) and Other debts (-€12,216)
- Receivables within one year -€2,153
down €2,153 (-66.4%), from €3,245 to €1,092
- Profit (loss) carried forward -€26,446
down €26,446, from €6,595 to -€19,851
- Tax, wage and social debts +€16,914
up €16,914 (+80.9%), from €20,914 to €37,828
of which Remuneration and social security: +€10,912
- Other debts -€12,216
down €12,216 (-19.2%), from €63,534 to €51,318
- Trade debts +€10,279
up €10,279 (+57.0%), from €18,037 to €28,316
- Debts after one year +€3,976
new in 2024: €3,976
- Gross operating margin -€36,886
down €36,886 (-31.5%), from €117,092 to €80,206
- Staff costs +€12,877
up €12,877 (+14.5%), from €88,525 to €101,402
- Financial income +€1,520
up €1,520 (+100,655%), from €2 to €1,521
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,315 | €133,345 | -€7,970 | -5.6% |
| Fixed assets | 21/28 | €110,342 | €118,045 | +€7,703 | +7.0% |
| Tangible fixed assets | 22/27 | €102,181 | €109,884 | +€7,703 | +7.5% |
| Land and buildings | 22 | €2,219 | €2,219 | = | 0.0% |
| Plant, machinery and equipment | 23 | €86,181 | €86,181 | = | 0.0% |
| Furniture and vehicles | 24 | €8,555 | €16,258 | +€7,703 | +90.0% |
| Leasing and similar rights | 25 | €5,226 | €5,226 | = | 0.0% |
| Financial fixed assets | 28 | €8,161 | €8,161 | = | 0.0% |
| Current assets | 29/58 | €30,973 | €15,300 | -€15,673 | -50.6% |
| Stocks and contracts in progress | 3 | €14,001 | €3,285 | -€10,715 | -76.5% |
| Stocks | 30/36 | €14,001 | €3,285 | -€10,715 | -76.5% |
| Amounts receivable within one year | 40/41 | €3,245 | €1,092 | -€2,153 | -66.4% |
| Trade receivables | 40 | €3,245 | €1,092 | -€2,153 | -66.4% |
| Cash at bank and in hand | 54/58 | €12,127 | €9,116 | -€3,011 | -24.8% |
| Deferred charges and accrued income | 490/1 | €1,600 | €1,807 | +€207 | +12.9% |
| Total equity and liabilities | 10/49 | €141,315 | €133,345 | -€7,970 | -5.6% |
| Equity | 10/15 | €6,695 | -€19,751 | -€26,446 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,595 | -€19,851 | -€26,446 | |
| Amounts payable | 17/49 | €134,620 | €153,096 | +€18,476 | +13.7% |
| Amounts payable after more than one year | 17 | - | €3,976 | +€3,976 | |
| Financial debts | 170/4 | - | €3,976 | +€3,976 | |
| Amounts payable within one year | 42/48 | €132,459 | €147,082 | +€14,624 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €29,974 | €29,621 | -€353 | -1.2% |
| Trade debts | 44 | €18,037 | €28,316 | +€10,279 | +57.0% |
| Suppliers | 440/4 | €18,037 | €28,316 | +€10,279 | +57.0% |
| Taxes, remuneration and social security | 45 | €20,914 | €37,828 | +€16,914 | +80.9% |
| Taxes | 450/3 | €10,440 | €16,441 | +€6,001 | +57.5% |
| Remuneration and social security | 454/9 | €10,474 | €21,386 | +€10,912 | +104% |
| Other amounts payable | 47/48 | €63,534 | €51,318 | -€12,216 | -19.2% |
| Accrued charges and deferred income | 492/3 | €2,161 | €2,037 | -€124 | -5.7% |
| Remuneration, social security and pensions | 62 | €88,525 | €101,402 | +€12,877 | +14.5% |
| Other operating charges | 640/8 | €493 | €557 | +€63 | +12.9% |
| Gross operating margin | 9900 | €117,092 | €80,206 | -€36,886 | -31.5% |
| Operating profit (loss) | 9901 | €28,074 | -€21,753 | -€49,827 | |
| Financial income | 75/76B | €2 | €1,521 | +€1,520 | +100,655% |
| Recurring financial income | 75 | €2 | €1,521 | +€1,520 | +100,655% |
| Financial charges | 65/66B | €5,925 | €5,996 | +€71 | +1.2% |
| Recurring financial charges | 65 | €5,925 | €5,996 | +€71 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €22,151 | -€26,227 | -€48,378 | |
| Income taxes | 67/77 | €206 | €219 | +€14 | +6.6% |
| Profit (loss) for the period | 9904 | €21,945 | -€26,446 | -€48,391 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,945 | -€26,446 | -€48,391 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.