TKE: 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.
TKE
Largest movements
- Cash +€7,140
up €7,140 (+40.5%), from €17,642 to €24,782
mainly Trade debts (+€8,954) and Net result for the year (+€6,950)
- Receivables within one year +€3,723
up €3,723 (+50.4%), from €7,385 to €11,108
of which Trade receivables: +€5,834
- Tangible fixed assets +€3,595
up €3,595 (+33.4%), from €10,777 to €14,372
- Deferred charges and accrued income +€1,153
new in 2025: €1,153
- Trade debts +€8,954
up €8,954 (+148%), from €6,070 to €15,025
- Profit (loss) carried forward +€6,950
up €6,950 (+218%), from €3,183 to €10,133
- Other debts -€3,127
down €3,127 (-15.6%), from €20,089 to €16,962
- Tax, wage and social debts +€2,539
up €2,539 (+64.1%), from €3,962 to €6,501
of which Taxes: +€2,500
- Gross operating margin +€20,964
up €20,964 (+63.5%), from €33,028 to €53,993
- Staff costs +€11,806
up €11,806 (+46.4%), from €25,446 to €37,252
- Other operating charges +€1,893
up €1,893 (+314%), from €603 to €2,496
- Taxes +€1,524
up €1,524 (+151%), from €1,006 to €2,530
- Depreciation +€1,262
up €1,262 (+457%), from €276 to €1,539
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 | €35,803 | €51,415 | +€15,611 | +43.6% |
| Fixed assets | 21/28 | €10,777 | €14,372 | +€3,595 | +33.4% |
| Tangible fixed assets | 22/27 | €10,777 | €14,372 | +€3,595 | +33.4% |
| Other tangible fixed assets | 26 | €10,777 | €14,372 | +€3,595 | +33.4% |
| Current assets | 29/58 | €25,027 | €37,043 | +€12,016 | +48.0% |
| Amounts receivable within one year | 40/41 | €7,385 | €11,108 | +€3,723 | +50.4% |
| Trade receivables | 40 | €3,690 | €9,524 | +€5,834 | +158% |
| Other amounts receivable | 41 | €3,695 | €1,583 | -€2,111 | -57.1% |
| Cash at bank and in hand | 54/58 | €17,642 | €24,782 | +€7,140 | +40.5% |
| Deferred charges and accrued income | 490/1 | - | €1,153 | +€1,153 | |
| Total equity and liabilities | 10/49 | €35,803 | €51,415 | +€15,611 | +43.6% |
| Equity | 10/15 | €5,183 | €12,133 | +€6,950 | +134% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,183 | €10,133 | +€6,950 | +218% |
| Amounts payable | 17/49 | €30,621 | €39,282 | +€8,661 | +28.3% |
| Amounts payable within one year | 42/48 | €30,121 | €38,488 | +€8,367 | +27.8% |
| Trade debts | 44 | €6,070 | €15,025 | +€8,954 | +148% |
| Suppliers | 440/4 | €6,070 | €15,025 | +€8,954 | +148% |
| Taxes, remuneration and social security | 45 | €3,962 | €6,501 | +€2,539 | +64.1% |
| Taxes | 450/3 | €1,000 | €3,500 | +€2,500 | +250% |
| Remuneration and social security | 454/9 | €2,962 | €3,001 | +€39 | +1.3% |
| Other amounts payable | 47/48 | €20,089 | €16,962 | -€3,127 | -15.6% |
| Accrued charges and deferred income | 492/3 | €500 | €794 | +€294 | +58.8% |
| Remuneration, social security and pensions | 62 | €25,446 | €37,252 | +€11,806 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276 | €1,539 | +€1,262 | +457% |
| Other operating charges | 640/8 | €603 | €2,496 | +€1,893 | +314% |
| Gross operating margin | 9900 | €33,028 | €53,993 | +€20,964 | +63.5% |
| Operating profit (loss) | 9901 | €6,703 | €12,706 | +€6,003 | +89.6% |
| Financial income | 75/76B | €20 | €99 | +€79 | +393% |
| Recurring financial income | 75 | €20 | €99 | +€79 | +393% |
| Financial charges | 65/66B | €2,534 | €3,325 | +€791 | +31.2% |
| Recurring financial charges | 65 | €2,534 | €3,325 | +€791 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €4,189 | €9,480 | +€5,291 | +126% |
| Income taxes | 67/77 | €1,006 | €2,530 | +€1,524 | +151% |
| Profit (loss) for the period | 9904 | €3,183 | €6,950 | +€3,768 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €3,183 | €6,950 | +€3,768 | +118% |
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 19 October 2026 via checked.be.