TKV: 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.
TKV
Largest movements
- Tangible fixed assets -€25,268
down €25,268 (-80.2%), from €31,507 to €6,239
of which Furniture and vehicles: -€23,560
- Receivables after one year +€18,000
up €18,000 (+100.0%), from €18,000 to €36,000
- Cash -€13,557
down €13,557 (-99.2%), from €13,671 to €114
mainly Net result for the year (-€22,216) and Receivables after one year (-€18,000)
- Receivables within one year -€12,536
down €12,536 (-30.8%), from €40,684 to €28,148
of which Trade receivables: -€16,220
- Profit (loss) carried forward -€22,216
down €22,216 (-32.9%), from €67,457 to €45,242
- Trade debts -€8,579
down €8,579 (-51.7%), from €16,584 to €8,005
- Tax, wage and social debts -€2,955
down €2,955 (-15.8%), from €18,697 to €15,742
- Gross operating margin -€76,052
down €76,052, from €63,563 to -€12,489
- Depreciation -€12,008
down €12,008 (-79.6%), from €15,076 to €3,068
- Taxes -€11,934
down €11,934 (-98.7%), from €12,093 to €159
- Other operating charges -€2,305
down €2,305 (-92.7%), from €2,486 to €181
- Financial income +€1,650
up €1,650 (+1499809.1%), from €0 to €1,650
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,862 | €70,502 | -€33,360 | -32.1% |
| Fixed assets | 21/28 | €31,507 | €6,239 | -€25,268 | -80.2% |
| Tangible fixed assets | 22/27 | €31,507 | €6,239 | -€25,268 | -80.2% |
| Plant, machinery and equipment | 23 | €3,878 | €2,171 | -€1,708 | -44.0% |
| Furniture and vehicles | 24 | €27,629 | €4,069 | -€23,560 | -85.3% |
| Current assets | 29/58 | €72,355 | €64,262 | -€8,092 | -11.2% |
| Amounts receivable after more than one year | 29 | €18,000 | €36,000 | +€18,000 | +100.0% |
| Other amounts receivable | 291 | €18,000 | €36,000 | +€18,000 | +100.0% |
| Amounts receivable within one year | 40/41 | €40,684 | €28,148 | -€12,536 | -30.8% |
| Trade receivables | 40 | €40,600 | €24,379 | -€16,220 | -40.0% |
| Other amounts receivable | 41 | €85 | €3,769 | +€3,685 | +4356.0% |
| Cash at bank and in hand | 54/58 | €13,671 | €114 | -€13,557 | -99.2% |
| Total equity and liabilities | 10/49 | €103,862 | €70,502 | -€33,360 | -32.1% |
| Equity | 10/15 | €68,457 | €46,242 | -€22,216 | -32.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,457 | €45,242 | -€22,216 | -32.9% |
| Amounts payable | 17/49 | €35,405 | €24,260 | -€11,145 | -31.5% |
| Amounts payable within one year | 42/48 | €35,405 | €24,260 | -€11,145 | -31.5% |
| Trade debts | 44 | €16,584 | €8,005 | -€8,579 | -51.7% |
| Suppliers | 440/4 | €16,584 | €8,005 | -€8,579 | -51.7% |
| Taxes, remuneration and social security | 45 | €18,697 | €15,742 | -€2,955 | -15.8% |
| Taxes | 450/3 | €18,697 | €15,742 | -€2,955 | -15.8% |
| Other amounts payable | 47/48 | €124 | €513 | +€389 | +314.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,076 | €3,068 | -€12,008 | -79.6% |
| Other operating charges | 640/8 | €2,486 | €181 | -€2,305 | -92.7% |
| Non-recurring operating charges | 66A | - | €7,369 | +€7,369 | |
| Gross operating margin | 9900 | €63,563 | -€12,489 | -€76,052 | |
| Operating profit (loss) | 9901 | €46,002 | -€23,107 | -€69,109 | |
| Financial income | 75/76B | €0 | €1,650 | +€1,650 | +1499809.1% |
| Recurring financial income | 75 | €0 | €1,650 | +€1,650 | +1499809.1% |
| Financial charges | 65/66B | €174 | €599 | +€426 | +245.0% |
| Recurring financial charges | 65 | €174 | €599 | +€426 | +245.0% |
| Profit (loss) for the period before taxes | 9903 | €45,828 | -€22,057 | -€67,885 | |
| Income taxes | 67/77 | €12,093 | €159 | -€11,934 | -98.7% |
| Profit (loss) for the period | 9904 | €33,735 | -€22,216 | -€55,950 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,735 | -€22,216 | -€55,950 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.