TKBE: 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.
TKBE
Largest movements
- Tangible fixed assets -€61,116
down €61,116 (-45.1%), from €135,479 to €74,362
of which Furniture and vehicles: -€59,670
- Stocks and contracts +€11,707
up €11,707 (+3.8%), from €310,654 to €322,361
- Receivables within one year -€9,830
down €9,830 (-74.8%), from €13,146 to €3,315
of which Trade receivables: -€10,945
- Profit (loss) carried forward -€64,436
down €64,436 (-34.3%), from €187,640 to €123,204
- Other debts +€44,903
up €44,903 (+50.5%), from €88,966 to €133,869
- Tax, wage and social debts -€28,347
down €28,347 (-70.2%), from €40,352 to €12,005
- Trade debts -€16,289
down €16,289 (-82.2%), from €19,804 to €3,516
- Gross operating margin -€115,500
down €115,500, from €96,473 to -€19,027
- Depreciation -€18,779
down €18,779 (-32.4%), from €57,918 to €39,140
- Taxes -€11,737
down €11,737 (-98.9%), from €11,871 to €134
- Staff costs +€4,139
new in 2025: €4,139
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 | €486,985 | €422,816 | -€64,169 | -13.2% |
| Fixed assets | 21/28 | €156,479 | €95,362 | -€61,116 | -39.1% |
| Tangible fixed assets | 22/27 | €135,479 | €74,362 | -€61,116 | -45.1% |
| Plant, machinery and equipment | 23 | €13,004 | €9,185 | -€3,819 | -29.4% |
| Furniture and vehicles | 24 | €120,175 | €60,505 | -€59,670 | -49.7% |
| Other tangible fixed assets | 26 | €2,300 | €4,672 | +€2,372 | +103% |
| Financial fixed assets | 28 | €21,000 | €21,000 | = | 0.0% |
| Current assets | 29/58 | €330,506 | €327,454 | -€3,052 | -0.9% |
| Stocks and contracts in progress | 3 | €310,654 | €322,361 | +€11,707 | +3.8% |
| Stocks | 30/36 | €310,654 | €322,361 | +€11,707 | +3.8% |
| Amounts receivable within one year | 40/41 | €13,146 | €3,315 | -€9,830 | -74.8% |
| Trade receivables | 40 | €13,146 | €2,200 | -€10,945 | -83.3% |
| Other amounts receivable | 41 | - | €1,115 | +€1,115 | |
| Cash at bank and in hand | 54/58 | €4,054 | €404 | -€3,650 | -90.0% |
| Deferred charges and accrued income | 490/1 | €2,653 | €1,374 | -€1,279 | -48.2% |
| Total equity and liabilities | 10/49 | €486,985 | €422,816 | -€64,169 | -13.2% |
| Equity | 10/15 | €337,862 | €273,426 | -€64,436 | -19.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €147,723 | €147,723 | = | 0.0% |
| Distributable reserves | 133 | €147,723 | €147,723 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,640 | €123,204 | -€64,436 | -34.3% |
| Amounts payable | 17/49 | €149,122 | €149,390 | +€267 | +0.2% |
| Amounts payable within one year | 42/48 | €149,122 | €149,390 | +€267 | +0.2% |
| Trade debts | 44 | €19,804 | €3,516 | -€16,289 | -82.2% |
| Suppliers | 440/4 | €19,804 | €3,516 | -€16,289 | -82.2% |
| Taxes, remuneration and social security | 45 | €40,352 | €12,005 | -€28,347 | -70.2% |
| Taxes | 450/3 | €40,352 | €12,005 | -€28,347 | -70.2% |
| Other amounts payable | 47/48 | €88,966 | €133,869 | +€44,903 | +50.5% |
| Remuneration, social security and pensions | 62 | - | €4,139 | +€4,139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,918 | €39,140 | -€18,779 | -32.4% |
| Other operating charges | 640/8 | €1,138 | €1,857 | +€720 | +63.2% |
| Gross operating margin | 9900 | €96,473 | -€19,027 | -€115,500 | |
| Operating profit (loss) | 9901 | €37,417 | -€64,162 | -€101,579 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €233 | €140 | -€94 | -40.1% |
| Recurring financial charges | 65 | €233 | €140 | -€94 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €37,199 | -€64,302 | -€101,501 | |
| Income taxes | 67/77 | €11,871 | €134 | -€11,737 | -98.9% |
| Profit (loss) for the period | 9904 | €25,328 | -€64,436 | -€89,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,328 | -€64,436 | -€89,765 |
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 13 October 2026 via checked.be.