TK-one: what changed
What changed
TK-one
NACE 74.301, Translation services
filed annual accounts (NBB)
Net result for the year
€56,084
2024 · €60,541-€4,457
Equity
€408,663
2024 · €352,580+€56,084
Cash
€277,687
2024 · €244,027+€33,660
Balance sheet total
€426,133
2024 · €419,423+€6,710
Largest movements
Assets
- Cash +€33,660
up €33,660 (+13.8%), from €244,027 to €277,687
mainly Net result for the year (+€56,084) and Depreciation (+€25,266)
- Tangible fixed assets -€25,266
down €25,266 (-17.2%), from €147,084 to €121,818
of which Land and buildings: -€13,454
Equity and liabilities
- Reserves +€56,084
up €56,084 (+16.2%), from €346,380 to €402,463
- Other debts -€44,214
down €44,214 (-98.3%), from €44,975 to €761
Income statement
- Gross operating margin -€7,005
down €7,005 (-6.2%), from €112,875 to €105,870
- Taxes -€1,410
down €1,410 (-6.0%), from €23,453 to €22,043
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€60,541
Gross operating margin
-€7,005
Depreciation
+€623
Other operating charges
-€63
Financial income
-€1
Financial charges
+€578
Taxes
+€1,410
Result 2025
€56,084
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€33,660
Investment
€0
Financing
€0
Cash 2024
€244,027
From operations (derived)
+€33,660
Net result for the year
+€56,084
Depreciation
+€25,266
Receivables within one year
+€1,618
Deferred charges and accrued income
+€67
Trade debts
-€2,941
Tax, wage and social debts
-€2,219
Other debts
-€44,214
Cash 2025
€277,687
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,423 | €426,133 | +€6,710 | +1.6% |
| Fixed assets | 21/28 | €147,119 | €121,853 | -€25,266 | -17.2% |
| Tangible fixed assets | 22/27 | €147,084 | €121,818 | -€25,266 | -17.2% |
| Land and buildings | 22 | €122,871 | €109,417 | -€13,454 | -10.9% |
| Plant, machinery and equipment | 23 | €1,996 | €1,758 | -€238 | -11.9% |
| Furniture and vehicles | 24 | €22,216 | €10,642 | -€11,574 | -52.1% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €272,304 | €304,280 | +€31,976 | +11.7% |
| Amounts receivable within one year | 40/41 | €26,313 | €24,695 | -€1,618 | -6.1% |
| Trade receivables | 40 | €17,896 | €16,115 | -€1,781 | -10.0% |
| Other amounts receivable | 41 | €8,417 | €8,580 | +€163 | +1.9% |
| Cash at bank and in hand | 54/58 | €244,027 | €277,687 | +€33,660 | +13.8% |
| Deferred charges and accrued income | 490/1 | €1,964 | €1,898 | -€67 | -3.4% |
| Total equity and liabilities | 10/49 | €419,423 | €426,133 | +€6,710 | +1.6% |
| Equity | 10/15 | €352,580 | €408,663 | +€56,084 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €346,380 | €402,463 | +€56,084 | +16.2% |
| Distributable reserves | 133 | €346,380 | €402,463 | +€56,084 | +16.2% |
| Amounts payable | 17/49 | €66,844 | €17,470 | -€49,374 | -73.9% |
| Amounts payable within one year | 42/48 | €66,844 | €17,470 | -€49,374 | -73.9% |
| Trade debts | 44 | €4,030 | €1,089 | -€2,941 | -73.0% |
| Suppliers | 440/4 | €4,030 | €1,089 | -€2,941 | -73.0% |
| Taxes, remuneration and social security | 45 | €17,838 | €15,620 | -€2,219 | -12.4% |
| Taxes | 450/3 | €17,838 | €15,620 | -€2,219 | -12.4% |
| Other amounts payable | 47/48 | €44,975 | €761 | -€44,214 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,889 | €25,266 | -€623 | -2.4% |
| Other operating charges | 640/8 | €2,275 | €2,338 | +€63 | +2.8% |
| Gross operating margin | 9900 | €112,875 | €105,870 | -€7,005 | -6.2% |
| Operating profit (loss) | 9901 | €84,710 | €78,266 | -€6,444 | -7.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €717 | €139 | -€578 | -80.6% |
| Recurring financial charges | 65 | €717 | €139 | -€578 | -80.6% |
| Profit (loss) for the period before taxes | 9903 | €83,994 | €78,127 | -€5,867 | -7.0% |
| Income taxes | 67/77 | €23,453 | €22,043 | -€1,410 | -6.0% |
| Profit (loss) for the period | 9904 | €60,541 | €56,084 | -€4,457 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,541 | €56,084 | -€4,457 | -7.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.