TEKE: what changed
Two fiscal 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.
TEKE
Largest movements
- Tangible fixed assets +€168,670
new in 2025: €168,670
of which Land and buildings: +€153,864
- Receivables after one year -€22,283
no longer reported in 2025 (was €22,283)
- Receivables within one year +€7,976
up €7,976 (+196.3%), from €4,064 to €12,041
of which Trade receivables: +€8,639
- Cash +€4,920
up €4,920 (+193.2%), from €2,547 to €7,467
mainly Debts after one year (+€135,148) and Other debts (+€22,337)
- Deferred charges and accrued income -€2,201
no longer reported in 2025 (was €2,201)
- Debts after one year +€135,148
new in 2025: €135,148
- Other debts +€22,337
new in 2025: €22,337
- Trade debts -€9,048
down €9,048 (-73.4%), from €12,327 to €3,279
- Tax, wage and social debts +€5,500
up €5,500 (+8878.1%), from €62 to €5,562
of which Remuneration and social security: +€5,500
- Current portion of long-term debt +€2,992
new in 2025: €2,992
- Gross operating margin +€14,877
up €14,877 (+2997.6%), from €496 to €15,373
- Financial charges +€7,174
up €7,174 (+552.3%), from €1,299 to €8,473
- Depreciation +€3,084
new in 2025: €3,084
- Staff costs +€265
new in 2025: €265
- Other operating charges +€185
up €185 (+18.2%), from €1,014 to €1,199
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 | €31,184 | €188,266 | +€157,083 | +503.7% |
| Fixed assets | 21/28 | €73 | €168,744 | +€168,670 | +230550.1% |
| Tangible fixed assets | 22/27 | - | €168,670 | +€168,670 | |
| Land and buildings | 22 | - | €153,864 | +€153,864 | |
| Furniture and vehicles | 24 | - | €14,807 | +€14,807 | |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €31,111 | €19,523 | -€11,588 | -37.2% |
| Amounts receivable after more than one year | 29 | €22,283 | - | -€22,283 | |
| Other amounts receivable | 291 | €22,283 | - | -€22,283 | |
| Stocks and contracts in progress | 3 | €15 | €15 | = | 0.0% |
| Stocks | 30/36 | €15 | €15 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,064 | €12,041 | +€7,976 | +196.3% |
| Trade receivables | 40 | €2,722 | €11,361 | +€8,639 | +317.4% |
| Other amounts receivable | 41 | €1,342 | €679 | -€663 | -49.4% |
| Cash at bank and in hand | 54/58 | €2,547 | €7,467 | +€4,920 | +193.2% |
| Deferred charges and accrued income | 490/1 | €2,201 | - | -€2,201 | |
| Total equity and liabilities | 10/49 | €31,184 | €188,266 | +€157,083 | +503.7% |
| Equity | 10/15 | €16,594 | €18,949 | +€2,354 | +14.2% |
| Contributions | 10/11 | €18,600 | €20,459 | +€1,859 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €4,109 | €2,250 | -€1,859 | -45.2% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €2,250 | €2,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,115 | -€3,760 | +€2,354 | +38.5% |
| Amounts payable | 17/49 | €14,590 | €169,318 | +€154,728 | +1060.5% |
| Amounts payable after more than one year | 17 | - | €135,148 | +€135,148 | |
| Financial debts | 170/4 | - | €135,148 | +€135,148 | |
| Amounts payable within one year | 42/48 | €14,590 | €34,170 | +€19,581 | +134.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,992 | +€2,992 | |
| Trade debts | 44 | €12,327 | €3,279 | -€9,048 | -73.4% |
| Suppliers | 440/4 | €12,327 | €3,279 | -€9,048 | -73.4% |
| Advances received on contracts in progress | 46 | €2,201 | - | -€2,201 | |
| Taxes, remuneration and social security | 45 | €62 | €5,562 | +€5,500 | +8878.1% |
| Taxes | 450/3 | €62 | €62 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €5,500 | +€5,500 | |
| Other amounts payable | 47/48 | - | €22,337 | +€22,337 | |
| Remuneration, social security and pensions | 62 | - | €265 | +€265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,084 | +€3,084 | |
| Other operating charges | 640/8 | €1,014 | €1,199 | +€185 | +18.2% |
| Gross operating margin | 9900 | €496 | €15,373 | +€14,877 | +2997.6% |
| Operating profit (loss) | 9901 | -€518 | €10,826 | +€11,344 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1257.1% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1257.1% |
| Financial charges | 65/66B | €1,299 | €8,473 | +€7,174 | +552.3% |
| Recurring financial charges | 65 | €1,299 | €8,473 | +€7,174 | +552.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,817 | €2,354 | +€4,171 | |
| Profit (loss) for the period | 9904 | -€1,817 | €2,354 | +€4,171 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,817 | €2,354 | +€4,171 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.