TEKIN: 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.
TEKIN
Largest movements
- Tangible fixed assets -€48,875
down €48,875 (-39.9%), from €122,371 to €73,496
of which Other tangible fixed assets: -€44,267
- Cash -€14,791
down €14,791 (-44.5%), from €33,202 to €18,411
mainly Net result for the year (-€66,786) and Debts after one year (-€10,508)
- Receivables within one year -€11,151
down €11,151 (-23.9%), from €46,619 to €35,469
of which Other amounts receivable: -€16,412
- Profit (loss) carried forward -€66,786
down €66,786 (-624%), from -€10,695 to -€77,481
- Debts after one year -€10,508
down €10,508 (-66.4%), from €15,830 to €5,322
- Tax, wage and social debts -€4,548
down €4,548 (-18.3%), from €24,819 to €20,271
of which Taxes: -€5,487
- Short-term financial debts +€4,013
new in 2025: €4,013
- Trade debts +€2,581
up €2,581 (+6.5%), from €39,913 to €42,494
- Gross operating margin -€60,687
down €60,687 (-25.8%), from €235,587 to €174,900
- Financial charges -€7,318
down €7,318 (-86.1%), from €8,505 to €1,186
- Depreciation +€4,582
up €4,582 (+10.3%), from €44,293 to €48,875
- Staff costs +€3,479
up €3,479 (+1.9%), from €183,289 to €186,768
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 | €208,645 | €133,575 | -€75,071 | -36.0% |
| Fixed assets | 21/28 | €125,521 | €76,646 | -€48,875 | -38.9% |
| Tangible fixed assets | 22/27 | €122,371 | €73,496 | -€48,875 | -39.9% |
| Furniture and vehicles | 24 | €13,797 | €9,190 | -€4,608 | -33.4% |
| Other tangible fixed assets | 26 | €108,573 | €64,306 | -€44,267 | -40.8% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €83,125 | €56,929 | -€26,196 | -31.5% |
| Stocks and contracts in progress | 3 | €3,303 | €3,049 | -€254 | -7.7% |
| Stocks | 30/36 | €3,303 | €3,049 | -€254 | -7.7% |
| Amounts receivable within one year | 40/41 | €46,619 | €35,469 | -€11,151 | -23.9% |
| Trade receivables | 40 | €0 | €5,261 | +€5,261 | |
| Other amounts receivable | 41 | €46,619 | €30,207 | -€16,412 | -35.2% |
| Cash at bank and in hand | 54/58 | €33,202 | €18,411 | -€14,791 | -44.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €208,645 | €133,575 | -€75,071 | -36.0% |
| Equity | 10/15 | €117,752 | €50,966 | -€66,786 | -56.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €116,047 | €116,047 | = | 0.0% |
| Distributable reserves | 133 | €116,047 | €116,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,695 | -€77,481 | -€66,786 | -624% |
| Amounts payable | 17/49 | €90,893 | €82,609 | -€8,285 | -9.1% |
| Amounts payable after more than one year | 17 | €15,830 | €5,322 | -€10,508 | -66.4% |
| Financial debts | 170/4 | €15,830 | €5,322 | -€10,508 | -66.4% |
| Amounts payable within one year | 42/48 | €75,063 | €77,287 | +€2,224 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €10,331 | €10,508 | +€177 | +1.7% |
| Financial debts | 43 | - | €4,013 | +€4,013 | |
| Credit institutions | 430/8 | - | €4,013 | +€4,013 | |
| Trade debts | 44 | €39,913 | €42,494 | +€2,581 | +6.5% |
| Suppliers | 440/4 | €39,913 | €42,494 | +€2,581 | +6.5% |
| Taxes, remuneration and social security | 45 | €24,819 | €20,271 | -€4,548 | -18.3% |
| Taxes | 450/3 | €9,970 | €4,482 | -€5,487 | -55.0% |
| Remuneration and social security | 454/9 | €14,849 | €15,789 | +€939 | +6.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €183,289 | €186,768 | +€3,479 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,293 | €48,875 | +€4,582 | +10.3% |
| Other operating charges | 640/8 | €3,797 | €4,369 | +€572 | +15.1% |
| Gross operating margin | 9900 | €235,587 | €174,900 | -€60,687 | -25.8% |
| Operating profit (loss) | 9901 | €4,208 | -€65,112 | -€69,320 | |
| Financial income | 75/76B | €722 | €10 | -€711 | -98.6% |
| Recurring financial income | 75 | €722 | €10 | -€711 | -98.6% |
| Financial charges | 65/66B | €8,505 | €1,186 | -€7,318 | -86.1% |
| Recurring financial charges | 65 | €8,505 | €1,186 | -€7,318 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,575 | -€66,288 | -€62,713 | -1,754% |
| Income taxes | 67/77 | €1,185 | €498 | -€687 | -58.0% |
| Profit (loss) for the period | 9904 | -€4,760 | -€66,786 | -€62,026 | -1,303% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,760 | -€66,786 | -€62,026 | -1,303% |
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 14 October 2026 via checked.be.