TKONCEPT: 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.
TKONCEPT
Largest movements
- Cash +€58,145
up €58,145 (+26.3%), from €221,376 to €279,520
mainly Net result for the year (+€61,067) and Depreciation (+€38,682)
- Tangible fixed assets -€28,007
down €28,007 (-22.0%), from €127,283 to €99,276
- Receivables within one year +€10,324
up €10,324 (+127.9%), from €8,072 to €18,395
- Reserves +€61,067
up €61,067 (+42.0%), from €145,502 to €206,569
- Debts after one year -€36,513
down €36,513 (-69.0%), from €52,901 to €16,388
- Trade debts +€14,297
up €14,297 (+19.8%), from €72,035 to €86,332
- Short-term financial debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€7,437
down €7,437 (-13.5%), from €55,099 to €47,662
of which Taxes: -€13,085
- Staff costs +€46,767
up €46,767 (+19.5%), from €239,218 to €285,985
- Taxes -€15,485
down €15,485 (-32.3%), from €47,985 to €32,500
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 | €363,134 | €405,325 | +€42,191 | +11.6% |
| Fixed assets | 21/28 | €127,283 | €99,276 | -€28,007 | -22.0% |
| Tangible fixed assets | 22/27 | €127,283 | €99,276 | -€28,007 | -22.0% |
| Plant, machinery and equipment | 23 | €37,472 | €27,808 | -€9,664 | -25.8% |
| Furniture and vehicles | 24 | €11,230 | €4,317 | -€6,913 | -61.6% |
| Other tangible fixed assets | 26 | €78,581 | €67,151 | -€11,430 | -14.5% |
| Current assets | 29/58 | €235,850 | €306,049 | +€70,198 | +29.8% |
| Stocks and contracts in progress | 3 | €2,880 | €2,950 | +€70 | +2.4% |
| Stocks | 30/36 | €2,880 | €2,950 | +€70 | +2.4% |
| Amounts receivable within one year | 40/41 | €8,072 | €18,395 | +€10,324 | +127.9% |
| Other amounts receivable | 41 | €8,072 | €18,395 | +€10,324 | +127.9% |
| Cash at bank and in hand | 54/58 | €221,376 | €279,520 | +€58,145 | +26.3% |
| Deferred charges and accrued income | 490/1 | €3,523 | €5,183 | +€1,660 | +47.1% |
| Total equity and liabilities | 10/49 | €363,134 | €405,325 | +€42,191 | +11.6% |
| Equity | 10/15 | €147,362 | €208,429 | +€61,067 | +41.4% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €145,502 | €206,569 | +€61,067 | +42.0% |
| Distributable reserves | 133 | €145,502 | €206,569 | +€61,067 | +42.0% |
| Amounts payable | 17/49 | €215,771 | €196,895 | -€18,876 | -8.7% |
| Amounts payable after more than one year | 17 | €52,901 | €16,388 | -€36,513 | -69.0% |
| Financial debts | 170/4 | €52,901 | €16,388 | -€36,513 | -69.0% |
| Amounts payable within one year | 42/48 | €162,870 | €180,507 | +€17,637 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €35,718 | €36,513 | +€795 | +2.2% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €72,035 | €86,332 | +€14,297 | +19.8% |
| Suppliers | 440/4 | €72,035 | €86,332 | +€14,297 | +19.8% |
| Taxes, remuneration and social security | 45 | €55,099 | €47,662 | -€7,437 | -13.5% |
| Taxes | 450/3 | €29,143 | €16,058 | -€13,085 | -44.9% |
| Remuneration and social security | 454/9 | €25,956 | €31,604 | +€5,648 | +21.8% |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Remuneration, social security and pensions | 62 | €239,218 | €285,985 | +€46,767 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,621 | €38,682 | +€1,061 | +2.8% |
| Other operating charges | 640/8 | €492 | €605 | +€114 | +23.1% |
| Gross operating margin | 9900 | €428,225 | €428,301 | +€77 | 0.0% |
| Operating profit (loss) | 9901 | €150,894 | €103,029 | -€47,865 | -31.7% |
| Financial income | 75/76B | - | €93 | +€93 | |
| Recurring financial income | 75 | - | €93 | +€93 | |
| Financial charges | 65/66B | €9,830 | €9,554 | -€276 | -2.8% |
| Recurring financial charges | 65 | €9,830 | €9,554 | -€276 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €141,064 | €93,567 | -€47,497 | -33.7% |
| Income taxes | 67/77 | €47,985 | €32,500 | -€15,485 | -32.3% |
| Profit (loss) for the period | 9904 | €93,079 | €61,067 | -€32,012 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €93,079 | €61,067 | -€32,012 | -34.4% |
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 28 September 2026 via checked.be.