TEKDAO: 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.
TEKDAO
Largest movements
- Receivables within one year +€19,153
up €19,153 (+188%), from €10,190 to €29,343
of which Other amounts receivable: +€17,894
- Cash -€5,241
down €5,241 (-27.8%), from €18,851 to €13,610
mainly Receivables within one year (-€19,153) and Investment in fixed assets (net) (-€7,126)
- Tangible fixed assets +€4,740
up €4,740 (+127%), from €3,731 to €8,471
- Reserves +€10,000
new in 2025: €10,000
- Profit (loss) carried forward +€8,759
up €8,759 (+38.4%), from €22,832 to €31,592
- Gross operating margin +€11,442
up €11,442 (+65.4%), from €17,506 to €28,948
- Purchases and services -€5,972
down €5,972 (-8.5%), from €69,974 to €64,002
- Taxes +€3,020
up €3,020 (+90.2%), from €3,348 to €6,368
- Depreciation +€1,569
up €1,569 (+192%), from €817 to €2,386
- Other operating charges -€741
down €741 (-30.4%), from €2,440 to €1,699
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.
Derived cash bridge
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 | €32,779 | €51,727 | +€18,949 | +57.8% |
| Fixed assets | 21/28 | €3,731 | €8,471 | +€4,740 | +127% |
| Tangible fixed assets | 22/27 | €3,731 | €8,471 | +€4,740 | +127% |
| Furniture and vehicles | 24 | €3,731 | €8,471 | +€4,740 | +127% |
| Current assets | 29/58 | €29,048 | €43,256 | +€14,209 | +48.9% |
| Amounts receivable within one year | 40/41 | €10,190 | €29,343 | +€19,153 | +188% |
| Trade receivables | 40 | €6,371 | €7,629 | +€1,258 | +19.8% |
| Other amounts receivable | 41 | €3,820 | €21,714 | +€17,894 | +468% |
| Cash at bank and in hand | 54/58 | €18,851 | €13,610 | -€5,241 | -27.8% |
| Deferred charges and accrued income | 490/1 | €6 | €303 | +€297 | +4,841% |
| Total equity and liabilities | 10/49 | €32,779 | €51,727 | +€18,949 | +57.8% |
| Equity | 10/15 | €27,832 | €46,592 | +€18,759 | +67.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €22,832 | €31,592 | +€8,759 | +38.4% |
| Amounts payable | 17/49 | €4,946 | €5,136 | +€189 | +3.8% |
| Amounts payable within one year | 42/48 | €4,946 | €5,136 | +€189 | +3.8% |
| Trade debts | 44 | €1,694 | €1,406 | -€288 | -17.0% |
| Suppliers | 440/4 | €1,694 | €1,406 | -€288 | -17.0% |
| Taxes, remuneration and social security | 45 | €3,253 | €3,730 | +€477 | +14.7% |
| Taxes | 450/3 | €3,253 | €3,730 | +€477 | +14.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €69,974 | €64,002 | -€5,972 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €817 | €2,386 | +€1,569 | +192% |
| Other operating charges | 640/8 | €2,440 | €1,699 | -€741 | -30.4% |
| Gross operating margin | 9900 | €17,506 | €28,948 | +€11,442 | +65.4% |
| Operating profit (loss) | 9901 | €14,250 | €24,863 | +€10,613 | +74.5% |
| Financial income | 75/76B | €57 | €352 | +€295 | +521% |
| Recurring financial income | 75 | €57 | €352 | +€295 | +521% |
| Financial charges | 65/66B | €86 | €88 | +€2 | +2.1% |
| Recurring financial charges | 65 | €86 | €88 | +€2 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €14,220 | €25,127 | +€10,907 | +76.7% |
| Income taxes | 67/77 | €3,348 | €6,368 | +€3,020 | +90.2% |
| Profit (loss) for the period | 9904 | €10,872 | €18,759 | +€7,887 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,872 | €18,759 | +€7,887 | +72.5% |
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 19 October 2026 via checked.be.