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TEKO: 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.

What changed

TEKO

BE 0431.850.334
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€32,500
2023 · €28,248+€4,252
Equity
€285,740
2023 · €253,240+€32,500
Cash
€230,096
2023 · €195,372+€34,725
Balance sheet total
€285,834
2023 · €254,992+€30,842

Largest movements

2023 to 2024
Assets
  • Cash +€34,725

    up €34,725 (+17.8%), from €195,372 to €230,096

    mainly Net result for the year (+€32,500) and Deferred charges and accrued income (+€2,758)

Equity and liabilities
  • Profit (loss) carried forward +€32,500

    up €32,500 (+21.1%), from €154,240 to €186,740

Income statement
  • Gross operating margin +€3,546

    up €3,546 (+8.2%), from €43,387 to €46,933

  • Financial income +€2,321

    new in 2024: €2,321

  • Taxes +€1,417

    up €1,417 (+15.1%), from €9,416 to €10,833

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €28,248
Gross operating margin +€3,546
Depreciation +€0
Other operating charges -€193
Financial income +€2,321
Financial charges -€5
Taxes -€1,417
Result 2024 €32,500

Cash bridge derived

cash 2023 to 2024

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.

From operations +€34,725
Investment €0
Financing €0
Cash 2023 €195,372
Net result for the year +€32,500
Depreciation +€914
Receivables within one year +€210
Deferred charges and accrued income +€2,758
Trade debts -€1,658
Cash 2024 €230,096
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €254,992 €285,834 +€30,842 +12.1%
Fixed assets 21/28 €55,365 €54,451 -€914 -1.7%
Tangible fixed assets 22/27 €55,365 €54,451 -€914 -1.7%
Land and buildings 22 €55,365 €54,451 -€914 -1.7%
Current assets 29/58 €199,627 €231,383 +€31,757 +15.9%
Amounts receivable within one year 40/41 €1,497 €1,287 -€210 -14.1%
Other amounts receivable 41 €1,497 €1,287 -€210 -14.1%
Cash at bank and in hand 54/58 €195,372 €230,096 +€34,725 +17.8%
Deferred charges and accrued income 490/1 €2,758 - -€2,758
Total equity and liabilities 10/49 €254,992 €285,834 +€30,842 +12.1%
Equity 10/15 €253,240 €285,740 +€32,500 +12.8%
Contributions 10/11 €90,000 €90,000 = 0.0%
Capital 10 €90,000 €90,000 = 0.0%
Issued capital 100 €90,000 €90,000 = 0.0%
Reserves 13 €9,000 €9,000 = 0.0%
Non-distributable reserves 130/1 €9,000 €9,000 = 0.0%
Legal reserve 130 €9,000 €9,000 = 0.0%
Profit (loss) carried forward 14 €154,240 €186,740 +€32,500 +21.1%
Amounts payable 17/49 €1,752 €94 -€1,658 -94.6%
Amounts payable within one year 42/48 €1,752 €94 -€1,658 -94.6%
Trade debts 44 €1,731 €73 -€1,658 -95.8%
Suppliers 440/4 €1,731 €73 -€1,658 -95.8%
Other amounts payable 47/48 €21 €21 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €914 €914 -€0 0.0%
Other operating charges 640/8 €4,769 €4,962 +€193 +4.0%
Gross operating margin 9900 €43,387 €46,933 +€3,546 +8.2%
Operating profit (loss) 9901 €37,703 €41,057 +€3,354 +8.9%
Financial income 75/76B - €2,321 +€2,321
Recurring financial income 75 - €2,321 +€2,321
Financial charges 65/66B €39 €44 +€5 +11.5%
Recurring financial charges 65 €39 €44 +€5 +11.5%
Profit (loss) for the period before taxes 9903 €37,664 €43,334 +€5,670 +15.1%
Income taxes 67/77 €9,416 €10,833 +€1,417 +15.1%
Profit (loss) for the period 9904 €28,248 €32,500 +€4,252 +15.1%
Profit (loss) for the period to be appropriated 9905 €28,248 €32,500 +€4,252 +15.1%

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 28 September 2026 via checked.be.