TK CONSTRUCTIONS: 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.
TK CONSTRUCTIONS
Largest movements
- Stocks and contracts -€78,921
no longer reported in 2023 (was €78,921)
- Cash +€55,667
up €55,667 (+5818.4%), from €957 to €56,624
mainly Stocks and contracts (+€78,921) and Net result for the year (+€39,335)
- Receivables within one year +€25,218
up €25,218 (+29.1%), from €86,517 to €111,735
of which Trade receivables: +€47,700
- Deferred charges and accrued income -€7,322
down €7,322 (-90.5%), from €8,094 to €773
- Tangible fixed assets -€4,959
down €4,959 (-33.0%), from €15,033 to €10,075
of which Furniture and vehicles: -€2,574
- Reserves +€60,000
up €60,000 (+3225.8%), from €1,860 to €61,860
of which Distributable reserves: +€60,000
- Trade debts -€32,794
down €32,794 (-33.4%), from €98,128 to €65,335
- Other debts -€28,528
down €28,528 (-69.5%), from €41,049 to €12,521
- Profit (loss) carried forward -€20,665
down €20,665 (-96.2%), from €21,476 to €811
- Tax, wage and social debts +€15,400
up €15,400 (+601.9%), from €2,559 to €17,959
- Gross operating margin +€29,513
up €29,513 (+94.3%), from €31,313 to €60,827
- Taxes +€15,783
up €15,783, from -€383 to €15,400
- Write-downs -€2,601
no longer reported in 2023 (was €2,601)
- Depreciation +€2,413
up €2,413 (+94.8%), from €2,546 to €4,959
- Financial income -€1,626
no longer reported in 2023 (was €1,626)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,523 | €179,206 | -€10,317 | -5.4% |
| Fixed assets | 21/28 | €15,033 | €10,075 | -€4,959 | -33.0% |
| Tangible fixed assets | 22/27 | €15,033 | €10,075 | -€4,959 | -33.0% |
| Plant, machinery and equipment | 23 | €6,725 | €4,427 | -€2,298 | -34.2% |
| Furniture and vehicles | 24 | €7,517 | €4,943 | -€2,574 | -34.2% |
| Other tangible fixed assets | 26 | €791 | €704 | -€87 | -10.9% |
| Current assets | 29/58 | €174,489 | €169,131 | -€5,358 | -3.1% |
| Stocks and contracts in progress | 3 | €78,921 | - | -€78,921 | |
| Contracts in progress | 37 | €78,921 | - | -€78,921 | |
| Amounts receivable within one year | 40/41 | €86,517 | €111,735 | +€25,218 | +29.1% |
| Trade receivables | 40 | €47,835 | €95,535 | +€47,700 | +99.7% |
| Other amounts receivable | 41 | €38,682 | €16,199 | -€22,482 | -58.1% |
| Cash at bank and in hand | 54/58 | €957 | €56,624 | +€55,667 | +5818.4% |
| Deferred charges and accrued income | 490/1 | €8,094 | €773 | -€7,322 | -90.5% |
| Total equity and liabilities | 10/49 | €189,523 | €179,206 | -€10,317 | -5.4% |
| Equity | 10/15 | €41,936 | €81,271 | +€39,335 | +93.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €61,860 | +€60,000 | +3225.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €60,000 | +€60,000 | |
| Profit (loss) carried forward | 14 | €21,476 | €811 | -€20,665 | -96.2% |
| Provisions and deferred taxes | 16 | €1,500 | €1,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €1,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €146,086 | €96,435 | -€49,651 | -34.0% |
| Amounts payable within one year | 42/48 | €141,736 | €95,815 | -€45,922 | -32.4% |
| Trade debts | 44 | €98,128 | €65,335 | -€32,794 | -33.4% |
| Suppliers | 440/4 | €98,128 | €65,335 | -€32,794 | -33.4% |
| Taxes, remuneration and social security | 45 | €2,559 | €17,959 | +€15,400 | +601.9% |
| Taxes | 450/3 | €2,559 | €17,959 | +€15,400 | +601.9% |
| Other amounts payable | 47/48 | €41,049 | €12,521 | -€28,528 | -69.5% |
| Accrued charges and deferred income | 492/3 | €4,350 | €620 | -€3,729 | -85.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,546 | €4,959 | +€2,413 | +94.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,601 | - | -€2,601 | |
| Other operating charges | 640/8 | €1,963 | €779 | -€1,183 | -60.3% |
| Gross operating margin | 9900 | €31,313 | €60,827 | +€29,513 | +94.3% |
| Operating profit (loss) | 9901 | €24,205 | €55,089 | +€30,884 | +127.6% |
| Financial income | 75/76B | €1,626 | - | -€1,626 | |
| Recurring financial income | 75 | €1,626 | - | -€1,626 | |
| Financial charges | 65/66B | €726 | €354 | -€372 | -51.3% |
| Recurring financial charges | 65 | €726 | €354 | -€372 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €25,104 | €54,735 | +€29,630 | +118.0% |
| Income taxes | 67/77 | -€383 | €15,400 | +€15,783 | |
| Profit (loss) for the period | 9904 | €25,487 | €39,335 | +€13,847 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,487 | €39,335 | +€13,847 | +54.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.