TK COMPANY: 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.
TK COMPANY
Largest movements
- Cash +€81,787
up €81,787 (+44.5%), from €183,592 to €265,378
mainly Other debts (+€173,247) and Net result for the year (+€88,606)
- Receivables within one year +€16,120
up €16,120 (+44.3%), from €36,411 to €52,530
of which Trade receivables: +€16,120
- Tangible fixed assets -€13,987
down €13,987 (-26.2%), from €53,310 to €39,323
of which Furniture and vehicles: -€12,694
- Other debts +€173,247
up €173,247 (+4,338%), from €3,994 to €177,241
- Reserves -€111,394
down €111,394 (-46.5%), from €239,740 to €128,346
- Tax, wage and social debts +€22,784
up €22,784 (+379%), from €6,016 to €28,800
of which Taxes: +€22,784
- Gross operating margin +€39,122
up €39,122 (+43.3%), from €90,380 to €129,502
- Taxes +€10,576
up €10,576 (+77.0%), from €13,743 to €24,318
- Depreciation -€7,172
down €7,172 (-32.1%), from €22,338 to €15,166
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 | €273,495 | €357,298 | +€83,803 | +30.6% |
| Fixed assets | 21/28 | €53,310 | €39,323 | -€13,987 | -26.2% |
| Tangible fixed assets | 22/27 | €53,310 | €39,323 | -€13,987 | -26.2% |
| Plant, machinery and equipment | 23 | €1,881 | €589 | -€1,293 | -68.7% |
| Furniture and vehicles | 24 | €51,428 | €38,734 | -€12,694 | -24.7% |
| Current assets | 29/58 | €220,185 | €317,975 | +€97,790 | +44.4% |
| Amounts receivable within one year | 40/41 | €36,411 | €52,530 | +€16,120 | +44.3% |
| Trade receivables | 40 | €33,798 | €49,917 | +€16,120 | +47.7% |
| Other amounts receivable | 41 | €2,613 | €2,613 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €183,592 | €265,378 | +€81,787 | +44.5% |
| Deferred charges and accrued income | 490/1 | €183 | €67 | -€117 | -63.6% |
| Total equity and liabilities | 10/49 | €273,495 | €357,298 | +€83,803 | +30.6% |
| Equity | 10/15 | €258,340 | €146,946 | -€111,394 | -43.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €239,740 | €128,346 | -€111,394 | -46.5% |
| Distributable reserves | 133 | €239,740 | €128,346 | -€111,394 | -46.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,155 | €210,352 | +€195,197 | +1,288% |
| Amounts payable within one year | 42/48 | €15,155 | €210,352 | +€195,197 | +1,288% |
| Trade debts | 44 | €5,145 | €4,312 | -€833 | -16.2% |
| Suppliers | 440/4 | €5,145 | €4,312 | -€833 | -16.2% |
| Taxes, remuneration and social security | 45 | €6,016 | €28,800 | +€22,784 | +379% |
| Taxes | 450/3 | €6,016 | €28,800 | +€22,784 | +379% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,994 | €177,241 | +€173,247 | +4,338% |
| Remuneration, social security and pensions | 62 | €332 | - | -€332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,338 | €15,166 | -€7,172 | -32.1% |
| Other operating charges | 640/8 | €1,302 | €1,372 | +€69 | +5.3% |
| Gross operating margin | 9900 | €90,380 | €129,502 | +€39,122 | +43.3% |
| Operating profit (loss) | 9901 | €66,408 | €112,965 | +€46,557 | +70.1% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.4% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €66,364 | €112,924 | +€46,560 | +70.2% |
| Income taxes | 67/77 | €13,743 | €24,318 | +€10,576 | +77.0% |
| Profit (loss) for the period | 9904 | €52,622 | €88,606 | +€35,984 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,622 | €88,606 | +€35,984 | +68.4% |
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 16 October 2026 via checked.be.