TJK: 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.
TJK
Largest movements
- Receivables within one year +€40,573
up €40,573 (+187.3%), from €21,667 to €62,240
of which Other amounts receivable: +€28,836
- Cash -€7,359
down €7,359 (-73.3%), from €10,038 to €2,680
mainly Receivables within one year (-€40,573) and Investment in fixed assets (net) (-€3,276)
- Tangible fixed assets +€2,855
new in 2024: €2,855
of which Furniture and vehicles: +€1,987
- Profit (loss) carried forward +€20,032
up €20,032 (+112.0%), from €17,888 to €37,920
- Short-term financial debts +€10,200
new in 2024: €10,200
- Tax, wage and social debts +€3,854
up €3,854 (+42.1%), from €9,158 to €13,012
- Trade debts +€2,284
up €2,284 (+72.3%), from €3,159 to €5,443
- Write-downs -€12,223
down €12,223 (-100.0%), from €12,223 to €0
- Gross operating margin -€9,040
down €9,040 (-23.2%), from €39,014 to €29,974
- Taxes +€857
up €857 (+14.9%), from €5,754 to €6,610
- Financial charges -€549
down €549 (-43.1%), from €1,274 to €725
- Depreciation +€422
new in 2024: €422
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 | €31,705 | €68,076 | +€36,370 | +114.7% |
| Fixed assets | 21/28 | - | €2,855 | +€2,855 | |
| Tangible fixed assets | 22/27 | - | €2,855 | +€2,855 | |
| Plant, machinery and equipment | 23 | - | €868 | +€868 | |
| Furniture and vehicles | 24 | - | €1,987 | +€1,987 | |
| Current assets | 29/58 | €31,705 | €65,221 | +€33,516 | +105.7% |
| Amounts receivable within one year | 40/41 | €21,667 | €62,240 | +€40,573 | +187.3% |
| Trade receivables | 40 | €2,567 | €14,303 | +€11,736 | +457.2% |
| Other amounts receivable | 41 | €19,100 | €47,936 | +€28,836 | +151.0% |
| Cash at bank and in hand | 54/58 | €10,038 | €2,680 | -€7,359 | -73.3% |
| Deferred charges and accrued income | 490/1 | - | €302 | +€302 | |
| Total equity and liabilities | 10/49 | €31,705 | €68,076 | +€36,370 | +114.7% |
| Equity | 10/15 | €19,388 | €39,420 | +€20,032 | +103.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,888 | €37,920 | +€20,032 | +112.0% |
| Amounts payable | 17/49 | €12,317 | €28,655 | +€16,339 | +132.7% |
| Amounts payable within one year | 42/48 | €12,317 | €28,655 | +€16,339 | +132.7% |
| Financial debts | 43 | - | €10,200 | +€10,200 | |
| Other loans | 439 | - | €10,200 | +€10,200 | |
| Trade debts | 44 | €3,159 | €5,443 | +€2,284 | +72.3% |
| Suppliers | 440/4 | €3,159 | €5,443 | +€2,284 | +72.3% |
| Taxes, remuneration and social security | 45 | €9,158 | €13,012 | +€3,854 | +42.1% |
| Taxes | 450/3 | €9,158 | €13,012 | +€3,854 | +42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €422 | +€422 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,223 | €0 | -€12,223 | -100.0% |
| Other operating charges | 640/8 | €1,815 | €2,185 | +€370 | +20.4% |
| Non-recurring operating charges | 66A | €61 | €0 | -€61 | -100.0% |
| Gross operating margin | 9900 | €39,014 | €29,974 | -€9,040 | -23.2% |
| Operating profit (loss) | 9901 | €24,916 | €27,367 | +€2,452 | +9.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,274 | €725 | -€549 | -43.1% |
| Recurring financial charges | 65 | €1,274 | €725 | -€549 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €23,642 | €26,642 | +€3,000 | +12.7% |
| Income taxes | 67/77 | €5,754 | €6,610 | +€857 | +14.9% |
| Profit (loss) for the period | 9904 | €17,888 | €20,032 | +€2,144 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,888 | €20,032 | +€2,144 | +12.0% |
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 4 October 2026 via checked.be.