TKS: 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.
TKS
Largest movements
- Stocks and contracts +€12,202
up €12,202 (+124%), from €9,875 to €22,077
of which Contracts in progress: +€9,782
- Receivables within one year -€10,968
down €10,968 (-16.4%), from €66,742 to €55,774
of which Trade receivables: -€11,428
- Cash -€10,792
down €10,792 (-67.0%), from €16,099 to €5,307
mainly Tax, wage and social debts (-€13,472) and Contributions, distributions and other (-€12,718)
- Tangible fixed assets -€7,118
down €7,118 (-25.9%), from €27,524 to €20,406
of which Furniture and vehicles: -€6,169
- Deferred charges and accrued income +€1,555
up €1,555 (+95.6%), from €1,627 to €3,182
- Tax, wage and social debts -€13,472
down €13,472 (-91.9%), from €14,654 to €1,182
of which Remuneration and social security: -€8,733
- Reserves -€6,732
down €6,732 (-7.7%), from €87,724 to €80,993
- Current portion of long-term debt +€4,401
new in 2025: €4,401
- Gross operating margin -€4,920
down €4,920 (-19.2%), from €25,562 to €20,643
- Financial income -€2,153
down €2,153 (-100.0%), from €2,153 to €0
of which Financial income: -€2,153
- Depreciation +€1,551
up €1,551 (+19.3%), from €8,019 to €9,570
- Taxes -€1,481
down €1,481 (-28.4%), from €5,211 to €3,730
- Financial charges -€1,013
down €1,013 (-63.6%), from €1,592 to €579
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 | €121,867 | €106,747 | -€15,121 | -12.4% |
| Fixed assets | 21/28 | €27,524 | €20,406 | -€7,118 | -25.9% |
| Tangible fixed assets | 22/27 | €27,524 | €20,406 | -€7,118 | -25.9% |
| Plant, machinery and equipment | 23 | €2,236 | €1,286 | -€950 | -42.5% |
| Furniture and vehicles | 24 | €25,288 | €19,119 | -€6,169 | -24.4% |
| Current assets | 29/58 | €94,343 | €86,341 | -€8,002 | -8.5% |
| Stocks and contracts in progress | 3 | €9,875 | €22,077 | +€12,202 | +124% |
| Stocks | 30/36 | €9,875 | €12,295 | +€2,420 | +24.5% |
| Contracts in progress | 37 | - | €9,782 | +€9,782 | |
| Amounts receivable within one year | 40/41 | €66,742 | €55,774 | -€10,968 | -16.4% |
| Trade receivables | 40 | €19,069 | €7,640 | -€11,428 | -59.9% |
| Other amounts receivable | 41 | €47,673 | €48,133 | +€461 | +1.0% |
| Cash at bank and in hand | 54/58 | €16,099 | €5,307 | -€10,792 | -67.0% |
| Deferred charges and accrued income | 490/1 | €1,627 | €3,182 | +€1,555 | +95.6% |
| Total equity and liabilities | 10/49 | €121,867 | €106,747 | -€15,121 | -12.4% |
| Equity | 10/15 | €93,924 | €87,193 | -€6,732 | -7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,724 | €80,993 | -€6,732 | -7.7% |
| Distributable reserves | 133 | €87,724 | €80,993 | -€6,732 | -7.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €27,943 | €19,554 | -€8,389 | -30.0% |
| Amounts payable within one year | 42/48 | €27,943 | €19,554 | -€8,389 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,401 | +€4,401 | |
| Trade debts | 44 | €13,289 | €13,971 | +€682 | +5.1% |
| Suppliers | 440/4 | €13,289 | €13,971 | +€682 | +5.1% |
| Taxes, remuneration and social security | 45 | €14,654 | €1,182 | -€13,472 | -91.9% |
| Taxes | 450/3 | €5,921 | €1,182 | -€4,740 | -80.0% |
| Remuneration and social security | 454/9 | €8,733 | €0 | -€8,733 | -100% |
| Non-recurring operating income | 76A | €23,192 | - | -€23,192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,019 | €9,570 | +€1,551 | +19.3% |
| Other operating charges | 640/8 | €1,300 | €777 | -€523 | -40.2% |
| Non-recurring operating charges | 66A | €507 | €0 | -€507 | -100% |
| Gross operating margin | 9900 | €25,562 | €20,643 | -€4,920 | -19.2% |
| Operating profit (loss) | 9901 | €15,736 | €10,296 | -€5,440 | -34.6% |
| Financial income | 75/76B | €2,153 | €0 | -€2,153 | -100.0% |
| Recurring financial income | 75 | €2,153 | €0 | -€2,153 | -100.0% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €1,592 | €579 | -€1,013 | -63.6% |
| Recurring financial charges | 65 | €1,592 | €579 | -€1,013 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €16,297 | €9,717 | -€6,580 | -40.4% |
| Income taxes | 67/77 | €5,211 | €3,730 | -€1,481 | -28.4% |
| Profit (loss) for the period | 9904 | €11,086 | €5,987 | -€5,099 | -46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,086 | €5,987 | -€5,099 | -46.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.