Tekenburo M&M: what changed
Tekenburo M&M
Largest movements
- Receivables within one year -€38,838
down €38,838 (-69.6%), from €55,766 to €16,928
of which Trade receivables: -€42,370
- Cash +€15,256
up €15,256 (+28.3%), from €53,847 to €69,103
mainly Receivables within one year (+€38,838) and Net result for the year (+€16,902)
- Tangible fixed assets +€9,810
up €9,810 (+290%), from €3,385 to €13,194
of which Land and buildings: +€5,619
- Other debts -€19,835
down €19,835 (-35.8%), from €55,357 to €35,522
- Reserves +€16,902
up €16,902 (+42.8%), from €39,513 to €56,415
- Tax, wage and social debts -€8,083
down €8,083 (-73.3%), from €11,024 to €2,941
of which Taxes: -€10,083
- Trade debts -€3,814
down €3,814 (-74.5%), from €5,117 to €1,303
- Financial charges +€4,326
up €4,326 (+312%), from €1,387 to €5,713
- Gross operating margin -€4,179
down €4,179 (-10.2%), from €40,887 to €36,708
- Taxes -€2,292
down €2,292 (-22.4%), from €10,225 to €7,933
- Staff costs +€1,128
up €1,128 (+142%), from €792 to €1,920
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,119 | €99,226 | -€13,893 | -12.3% |
| Fixed assets | 21/28 | €3,385 | €13,194 | +€9,810 | +290% |
| Tangible fixed assets | 22/27 | €3,385 | €13,194 | +€9,810 | +290% |
| Land and buildings | 22 | €3,200 | €8,819 | +€5,619 | +176% |
| Plant, machinery and equipment | 23 | €185 | - | -€185 | |
| Other tangible fixed assets | 26 | - | €4,375 | +€4,375 | |
| Current assets | 29/58 | €109,734 | €86,031 | -€23,703 | -21.6% |
| Amounts receivable within one year | 40/41 | €55,766 | €16,928 | -€38,838 | -69.6% |
| Trade receivables | 40 | €55,680 | €13,310 | -€42,370 | -76.1% |
| Other amounts receivable | 41 | €86 | €3,618 | +€3,532 | +4,114% |
| Cash at bank and in hand | 54/58 | €53,847 | €69,103 | +€15,256 | +28.3% |
| Deferred charges and accrued income | 490/1 | €121 | - | -€121 | |
| Total equity and liabilities | 10/49 | €113,119 | €99,226 | -€13,893 | -12.3% |
| Equity | 10/15 | €40,013 | €56,915 | +€16,902 | +42.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €39,513 | €56,415 | +€16,902 | +42.8% |
| Distributable reserves | 133 | €39,513 | €56,415 | +€16,902 | +42.8% |
| Amounts payable | 17/49 | €73,106 | €42,311 | -€30,795 | -42.1% |
| Amounts payable within one year | 42/48 | €71,497 | €39,766 | -€31,731 | -44.4% |
| Trade debts | 44 | €5,117 | €1,303 | -€3,814 | -74.5% |
| Suppliers | 440/4 | €5,117 | €1,303 | -€3,814 | -74.5% |
| Taxes, remuneration and social security | 45 | €11,024 | €2,941 | -€8,083 | -73.3% |
| Taxes | 450/3 | €11,024 | €941 | -€10,083 | -91.5% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €55,357 | €35,522 | -€19,835 | -35.8% |
| Accrued charges and deferred income | 492/3 | €1,609 | €2,545 | +€937 | +58.2% |
| Remuneration, social security and pensions | 62 | €792 | €1,920 | +€1,128 | +142% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,785 | €2,909 | +€124 | +4.5% |
| Other operating charges | 640/8 | €1,380 | €1,147 | -€234 | -16.9% |
| Non-recurring operating charges | 66A | - | €185 | +€185 | |
| Gross operating margin | 9900 | €40,887 | €36,708 | -€4,179 | -10.2% |
| Operating profit (loss) | 9901 | €35,929 | €30,547 | -€5,382 | -15.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,387 | €5,713 | +€4,326 | +312% |
| Recurring financial charges | 65 | €1,387 | €5,713 | +€4,326 | +312% |
| Profit (loss) for the period before taxes | 9903 | €34,542 | €24,835 | -€9,708 | -28.1% |
| Income taxes | 67/77 | €10,225 | €7,933 | -€2,292 | -22.4% |
| Profit (loss) for the period | 9904 | €24,318 | €16,902 | -€7,416 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,318 | €16,902 | -€7,416 | -30.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.