TK Trans: 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 Trans
Largest movements
- Tangible fixed assets +€17,092
up €17,092 (+174.5%), from €9,796 to €26,888
of which Furniture and vehicles: +€15,736
- Cash +€7,366
up €7,366 (+5807.0%), from €127 to €7,493
mainly Tax, wage and social debts (+€21,259) and Depreciation (+€13,365)
- Receivables within one year +€4,105
up €4,105 (+9.2%), from €44,676 to €48,781
of which Trade receivables: +€3,524
- Deferred charges and accrued income -€3,582
down €3,582 (-99.5%), from €3,600 to €19
- Tax, wage and social debts +€21,259
up €21,259 (+179.0%), from €11,875 to €33,134
of which Remuneration and social security: +€14,223
- Profit (loss) carried forward +€12,912
up €12,912 (+35.6%), from -€36,275 to -€23,362
- Other debts -€8,796
down €8,796 (-14.3%), from €61,681 to €52,885
- Gross operating margin +€107,672
up €107,672 (+216.8%), from €49,661 to €157,332
- Staff costs +€79,807
up €79,807 (+202.5%), from €39,408 to €119,215
- Other operating charges +€3,222
up €3,222 (+64.2%), from €5,017 to €8,239
- Financial charges +€2,429
up €2,429 (+171.9%), from €1,413 to €3,842
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.
Cash bridge derived
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 | €72,200 | €97,181 | +€24,981 | +34.6% |
| Fixed assets | 21/28 | €23,796 | €40,888 | +€17,092 | +71.8% |
| Tangible fixed assets | 22/27 | €9,796 | €26,888 | +€17,092 | +174.5% |
| Plant, machinery and equipment | 23 | €2,136 | €3,493 | +€1,357 | +63.5% |
| Furniture and vehicles | 24 | €7,660 | €23,395 | +€15,736 | +205.4% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €48,404 | €56,292 | +€7,889 | +16.3% |
| Amounts receivable within one year | 40/41 | €44,676 | €48,781 | +€4,105 | +9.2% |
| Trade receivables | 40 | €44,447 | €47,971 | +€3,524 | +7.9% |
| Other amounts receivable | 41 | €229 | €810 | +€581 | +253.3% |
| Cash at bank and in hand | 54/58 | €127 | €7,493 | +€7,366 | +5807.0% |
| Deferred charges and accrued income | 490/1 | €3,600 | €19 | -€3,582 | -99.5% |
| Total equity and liabilities | 10/49 | €72,200 | €97,181 | +€24,981 | +34.6% |
| Equity | 10/15 | -€18,535 | -€5,622 | +€12,912 | +69.7% |
| Contributions | 10/11 | €17,740 | €17,740 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,275 | -€23,362 | +€12,912 | +35.6% |
| Amounts payable | 17/49 | €90,734 | €102,803 | +€12,069 | +13.3% |
| Amounts payable within one year | 42/48 | €90,734 | €102,803 | +€12,069 | +13.3% |
| Trade debts | 44 | €17,179 | €16,785 | -€394 | -2.3% |
| Suppliers | 440/4 | €17,179 | €16,785 | -€394 | -2.3% |
| Taxes, remuneration and social security | 45 | €11,875 | €33,134 | +€21,259 | +179.0% |
| Taxes | 450/3 | €6,759 | €13,795 | +€7,036 | +104.1% |
| Remuneration and social security | 454/9 | €5,115 | €19,338 | +€14,223 | +278.1% |
| Other amounts payable | 47/48 | €61,681 | €52,885 | -€8,796 | -14.3% |
| Non-recurring operating income | 76A | - | €611 | +€611 | |
| Remuneration, social security and pensions | 62 | €39,408 | €119,215 | +€79,807 | +202.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,963 | €13,365 | +€402 | +3.1% |
| Other operating charges | 640/8 | €5,017 | €8,239 | +€3,222 | +64.2% |
| Gross operating margin | 9900 | €49,661 | €157,332 | +€107,672 | +216.8% |
| Operating profit (loss) | 9901 | -€7,727 | €16,513 | +€24,240 | |
| Financial income | 75/76B | €0 | €272 | +€272 | +544600.0% |
| Recurring financial income | 75 | €0 | €272 | +€272 | +544600.0% |
| Financial charges | 65/66B | €1,413 | €3,842 | +€2,429 | +171.9% |
| Recurring financial charges | 65 | €1,413 | €3,842 | +€2,429 | +171.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,140 | €12,943 | +€22,083 | |
| Income taxes | 67/77 | - | €31 | +€31 | |
| Profit (loss) for the period | 9904 | -€9,140 | €12,912 | +€22,053 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,140 | €12,912 | +€22,053 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.