TEKKO: 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.
TEKKO
Largest movements
- Receivables within one year +€173,402
up €173,402 (+548.5%), from €31,615 to €205,017
of which Trade receivables: +€174,748
- Tangible fixed assets +€88,094
up €88,094 (+9.0%), from €982,942 to €1.1m
of which Land and buildings: +€121,051
- Deferred charges and accrued income -€24,832
down €24,832 (-37.5%), from €66,212 to €41,380
- Debts after one year +€110,656
up €110,656 (+30.9%), from €358,007 to €468,663
- Reserves +€96,104
up €96,104 (+117.1%), from €82,077 to €178,181
- Other debts -€48,476
down €48,476 (-24.2%), from €200,470 to €151,995
- Current portion of long-term debt +€44,516
up €44,516 (+35.1%), from €126,784 to €171,299
- Tax, wage and social debts +€25,569
up €25,569 (+50.7%), from €50,475 to €76,044
- Gross operating margin +€227,584
up €227,584 (+245.6%), from €92,649 to €320,233
- Taxes +€55,741
up €55,741 (+4971.7%), from €1,121 to €56,862
- Depreciation +€23,031
up €23,031 (+25.9%), from €88,945 to €111,976
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,091,824 | €1,327,403 | +€235,578 | +21.6% |
| Fixed assets | 21/28 | €987,737 | €1,073,653 | +€85,916 | +8.7% |
| Intangible fixed assets | 21 | €4,795 | €2,617 | -€2,178 | -45.4% |
| Tangible fixed assets | 22/27 | €982,942 | €1,071,036 | +€88,094 | +9.0% |
| Land and buildings | 22 | €820,850 | €941,902 | +€121,051 | +14.7% |
| Furniture and vehicles | 24 | €112,514 | €86,568 | -€25,946 | -23.1% |
| Leasing and similar rights | 25 | €25,920 | €17,280 | -€8,640 | -33.3% |
| Other tangible fixed assets | 26 | €23,657 | €25,286 | +€1,629 | +6.9% |
| Current assets | 29/58 | €104,087 | €253,750 | +€149,663 | +143.8% |
| Amounts receivable within one year | 40/41 | €31,615 | €205,017 | +€173,402 | +548.5% |
| Trade receivables | 40 | €30,262 | €205,010 | +€174,748 | +577.5% |
| Other amounts receivable | 41 | €1,353 | €7 | -€1,346 | -99.5% |
| Cash at bank and in hand | 54/58 | €6,260 | €7,353 | +€1,093 | +17.5% |
| Deferred charges and accrued income | 490/1 | €66,212 | €41,380 | -€24,832 | -37.5% |
| Total equity and liabilities | 10/49 | €1,091,824 | €1,327,403 | +€235,578 | +21.6% |
| Equity | 10/15 | €304,172 | €400,277 | +€96,104 | +31.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €82,077 | €178,181 | +€96,104 | +117.1% |
| Distributable reserves | 133 | €82,077 | €178,181 | +€96,104 | +117.1% |
| Profit (loss) carried forward | 14 | €197,095 | €197,095 | = | 0.0% |
| Amounts payable | 17/49 | €787,652 | €927,126 | +€139,474 | +17.7% |
| Amounts payable after more than one year | 17 | €358,007 | €468,663 | +€110,656 | +30.9% |
| Financial debts | 170/4 | €358,007 | €468,663 | +€110,656 | +30.9% |
| Amounts payable within one year | 42/48 | €429,645 | €458,463 | +€28,818 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €126,784 | €171,299 | +€44,516 | +35.1% |
| Financial debts | 43 | €20,872 | €7,837 | -€13,035 | -62.5% |
| Credit institutions | 430/8 | €20,872 | €7,837 | -€13,035 | -62.5% |
| Trade debts | 44 | €31,043 | €51,288 | +€20,245 | +65.2% |
| Suppliers | 440/4 | €31,043 | €51,288 | +€20,245 | +65.2% |
| Taxes, remuneration and social security | 45 | €50,475 | €76,044 | +€25,569 | +50.7% |
| Taxes | 450/3 | €50,475 | €76,044 | +€25,569 | +50.7% |
| Other amounts payable | 47/48 | €200,470 | €151,995 | -€48,476 | -24.2% |
| Non-recurring operating income | 76A | €7,492 | - | -€7,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,945 | €111,976 | +€23,031 | +25.9% |
| Other operating charges | 640/8 | €20,259 | €22,994 | +€2,735 | +13.5% |
| Non-recurring operating charges | 66A | - | €7,492 | +€7,492 | |
| Gross operating margin | 9900 | €92,649 | €320,233 | +€227,584 | +245.6% |
| Operating profit (loss) | 9901 | -€16,555 | €177,771 | +€194,326 | |
| Financial income | 75/76B | €455 | €52 | -€404 | -88.7% |
| Recurring financial income | 75 | €455 | €52 | -€404 | -88.7% |
| Financial charges | 65/66B | €24,427 | €24,856 | +€429 | +1.8% |
| Recurring financial charges | 65 | €24,427 | €24,856 | +€429 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,527 | €152,966 | +€193,493 | |
| Income taxes | 67/77 | €1,121 | €56,862 | +€55,741 | +4971.7% |
| Profit (loss) for the period | 9904 | -€41,648 | €96,104 | +€137,752 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,648 | €96,104 | +€137,752 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.