TEK & SON: 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 & SON
Largest movements
- Tangible fixed assets -€77,725
down €77,725 (-7.0%), from €1.1m to €1.0m
of which Land and buildings: -€82,628
- Receivables within one year -€15,074
down €15,074 (-70.0%), from €21,546 to €6,472
of which Trade receivables: -€17,904
- Debts after one year -€72,105
down €72,105 (-9.9%), from €730,063 to €657,958
- Profit (loss) carried forward -€34,547
down €34,547 (-8.2%), from €419,562 to €385,015
- Other operating charges -€81,706
down €81,706 (-81.9%), from €99,712 to €18,006
- Taxes -€54,808
down €54,808 (-68.7%), from €79,736 to €24,928
- Gross operating margin -€26,893
down €26,893 (-19.3%), from €139,140 to €112,247
- Depreciation -€10,871
down €10,871 (-11.4%), from €95,065 to €84,194
- Financial charges -€3,248
down €3,248 (-14.2%), from €22,914 to €19,666
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 | €1,182,304 | €1,079,081 | -€103,223 | -8.7% |
| Fixed assets | 21/28 | €1,111,514 | €1,033,790 | -€77,725 | -7.0% |
| Tangible fixed assets | 22/27 | €1,111,514 | €1,033,790 | -€77,725 | -7.0% |
| Land and buildings | 22 | €1,002,655 | €920,027 | -€82,628 | -8.2% |
| Plant, machinery and equipment | 23 | €101,778 | €107,220 | +€5,442 | +5.3% |
| Furniture and vehicles | 24 | €7,081 | €6,543 | -€538 | -7.6% |
| Current assets | 29/58 | €70,790 | €45,291 | -€25,499 | -36.0% |
| Amounts receivable within one year | 40/41 | €21,546 | €6,472 | -€15,074 | -70.0% |
| Trade receivables | 40 | €19,206 | €1,302 | -€17,904 | -93.2% |
| Other amounts receivable | 41 | €2,340 | €5,170 | +€2,830 | +120.9% |
| Cash at bank and in hand | 54/58 | €49,244 | €38,819 | -€10,425 | -21.2% |
| Total equity and liabilities | 10/49 | €1,182,304 | €1,079,081 | -€103,223 | -8.7% |
| Equity | 10/15 | €440,022 | €405,475 | -€34,547 | -7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €419,562 | €385,015 | -€34,547 | -8.2% |
| Amounts payable | 17/49 | €742,282 | €673,605 | -€68,677 | -9.3% |
| Amounts payable after more than one year | 17 | €730,063 | €657,958 | -€72,105 | -9.9% |
| Financial debts | 170/4 | €730,063 | €657,958 | -€72,105 | -9.9% |
| Amounts payable within one year | 42/48 | €12,219 | €15,647 | +€3,428 | +28.1% |
| Trade debts | 44 | €11,407 | €15,647 | +€4,240 | +37.2% |
| Suppliers | 440/4 | €11,407 | €15,647 | +€4,240 | +37.2% |
| Other amounts payable | 47/48 | €812 | - | -€812 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,065 | €84,194 | -€10,871 | -11.4% |
| Other operating charges | 640/8 | €99,712 | €18,006 | -€81,706 | -81.9% |
| Gross operating margin | 9900 | €139,140 | €112,247 | -€26,893 | -19.3% |
| Operating profit (loss) | 9901 | -€55,636 | €10,047 | +€65,683 | |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €22,914 | €19,666 | -€3,248 | -14.2% |
| Recurring financial charges | 65 | €22,914 | €19,666 | -€3,248 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€78,536 | -€9,619 | +€68,917 | +87.8% |
| Income taxes | 67/77 | €79,736 | €24,928 | -€54,808 | -68.7% |
| Profit (loss) for the period | 9904 | -€158,272 | -€34,547 | +€123,725 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,272 | -€34,547 | +€123,725 | +78.2% |
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 10 October 2026 via checked.be.