TEK INN: 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.
TEK INN
Largest movements
- Tangible fixed assets -€70,478
down €70,478 (-6.3%), from €1.1m to €1.0m
of which Land and buildings: -€66,301
- Short-term financial debts -€150,000
down €150,000 (-95.5%), from €157,000 to €7,000
- Trade debts +€107,938
up €107,938 (+120%), from €90,050 to €197,987
- Debts after one year -€98,905
down €98,905 (-25.8%), from €382,951 to €284,045
- Other debts +€81,328
up €81,328 (+68.6%), from €118,561 to €199,889
- Tax, wage and social debts -€42,119
down €42,119 (-63.4%), from €66,402 to €24,283
of which Taxes: -€38,285
- Gross operating margin -€69,167
down €69,167 (-25.6%), from €270,233 to €201,066
- Staff costs -€39,145
down €39,145 (-42.6%), from €91,910 to €52,764
- Taxes -€30,207
no longer reported in 2024 (was €30,207)
- Other operating charges -€12,424
down €12,424 (-91.2%), from €13,621 to €1,198
- Financial charges -€3,149
down €3,149 (-10.4%), from €30,134 to €26,985
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 | €1,146,908 | €1,077,422 | -€69,486 | -6.1% |
| Fixed assets | 21/28 | €1,114,750 | €1,044,966 | -€69,784 | -6.3% |
| Tangible fixed assets | 22/27 | €1,113,746 | €1,043,268 | -€70,478 | -6.3% |
| Land and buildings | 22 | €1,026,340 | €960,039 | -€66,301 | -6.5% |
| Plant, machinery and equipment | 23 | €55,045 | €46,557 | -€8,488 | -15.4% |
| Furniture and vehicles | 24 | €26,624 | €16,422 | -€10,202 | -38.3% |
| Other tangible fixed assets | 26 | €5,737 | €20,250 | +€14,513 | +253% |
| Financial fixed assets | 28 | €1,004 | €1,698 | +€694 | +69.1% |
| Current assets | 29/58 | €32,158 | €32,456 | +€298 | +0.9% |
| Amounts receivable within one year | 40/41 | €22,829 | €18,659 | -€4,170 | -18.3% |
| Trade receivables | 40 | €22,399 | €18,659 | -€3,740 | -16.7% |
| Other amounts receivable | 41 | €430 | - | -€430 | |
| Cash at bank and in hand | 54/58 | €9,330 | €13,798 | +€4,468 | +47.9% |
| Total equity and liabilities | 10/49 | €1,146,908 | €1,077,422 | -€69,486 | -6.1% |
| Equity | 10/15 | €235,140 | €265,312 | +€30,172 | +12.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €7,336 | €7,336 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,336 | €7,336 | = | 0.0% |
| Legal reserve | 130 | €7,336 | €7,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,304 | €196,476 | +€30,172 | +18.1% |
| Amounts payable | 17/49 | €911,768 | €812,110 | -€99,658 | -10.9% |
| Amounts payable after more than one year | 17 | €382,951 | €284,045 | -€98,905 | -25.8% |
| Financial debts | 170/4 | €382,951 | €284,045 | -€98,905 | -25.8% |
| Amounts payable within one year | 42/48 | €528,818 | €528,065 | -€753 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €96,805 | €98,905 | +€2,101 | +2.2% |
| Financial debts | 43 | €157,000 | €7,000 | -€150,000 | -95.5% |
| Credit institutions | 430/8 | €157,000 | €7,000 | -€150,000 | -95.5% |
| Trade debts | 44 | €90,050 | €197,987 | +€107,938 | +120% |
| Suppliers | 440/4 | €90,050 | €197,987 | +€107,938 | +120% |
| Taxes, remuneration and social security | 45 | €66,402 | €24,283 | -€42,119 | -63.4% |
| Taxes | 450/3 | €54,791 | €16,507 | -€38,285 | -69.9% |
| Remuneration and social security | 454/9 | €11,611 | €7,777 | -€3,834 | -33.0% |
| Other amounts payable | 47/48 | €118,561 | €199,889 | +€81,328 | +68.6% |
| Remuneration, social security and pensions | 62 | €91,910 | €52,764 | -€39,145 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,878 | €89,952 | +€3,074 | +3.5% |
| Other operating charges | 640/8 | €13,621 | €1,198 | -€12,424 | -91.2% |
| Gross operating margin | 9900 | €270,233 | €201,066 | -€69,167 | -25.6% |
| Operating profit (loss) | 9901 | €77,824 | €57,152 | -€20,672 | -26.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €30,134 | €26,985 | -€3,149 | -10.4% |
| Recurring financial charges | 65 | €30,134 | €26,985 | -€3,149 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €47,690 | €30,172 | -€17,518 | -36.7% |
| Income taxes | 67/77 | €30,207 | - | -€30,207 | |
| Profit (loss) for the period | 9904 | €17,483 | €30,172 | +€12,689 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,483 | €30,172 | +€12,689 | +72.6% |
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 23 October 2026 via checked.be.