TNK: 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.
TNK
Largest movements
- Receivables within one year -€35,926
down €35,926 (-96.6%), from €37,183 to €1,257
of which Trade receivables: -€32,905
- Cash +€21,583
up €21,583 (+179.0%), from €12,057 to €33,639
mainly Receivables within one year (+€35,926) and Other debts (+€20,005)
- Tangible fixed assets -€8,581
down €8,581 (-28.7%), from €29,929 to €21,347
of which Furniture and vehicles: -€9,461
- Stocks and contracts +€7,586
up €7,586 (+8.2%), from €92,563 to €100,149
- Profit (loss) carried forward -€44,547
down €44,547 (-96.0%), from €46,416 to €1,869
- Other debts +€20,005
up €20,005 (+41.8%), from €47,829 to €67,834
- Tax, wage and social debts +€12,977
up €12,977 (+97.1%), from €13,369 to €26,346
- Current portion of long-term debt -€7,403
down €7,403 (-39.7%), from €18,631 to €11,228
- Debts after one year +€5,498
up €5,498 (+31.7%), from €17,359 to €22,857
- Gross operating margin -€49,072
down €49,072, from €21,402 to -€27,669
- Depreciation +€8,034
up €8,034 (+377.7%), from €2,127 to €10,161
- Financial charges +€3,311
up €3,311 (+372.0%), from €890 to €4,201
- Taxes -€2,254
no longer reported in 2024 (was €2,254)
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 | €172,993 | €156,392 | -€16,601 | -9.6% |
| Fixed assets | 21/28 | €29,929 | €21,347 | -€8,581 | -28.7% |
| Tangible fixed assets | 22/27 | €29,929 | €21,347 | -€8,581 | -28.7% |
| Plant, machinery and equipment | 23 | €1,107 | €1,987 | +€880 | +79.4% |
| Furniture and vehicles | 24 | €28,821 | €19,360 | -€9,461 | -32.8% |
| Current assets | 29/58 | €143,065 | €135,045 | -€8,019 | -5.6% |
| Stocks and contracts in progress | 3 | €92,563 | €100,149 | +€7,586 | +8.2% |
| Stocks | 30/36 | €92,563 | €100,149 | +€7,586 | +8.2% |
| Amounts receivable within one year | 40/41 | €37,183 | €1,257 | -€35,926 | -96.6% |
| Trade receivables | 40 | €32,905 | - | -€32,905 | |
| Other amounts receivable | 41 | €4,278 | €1,257 | -€3,021 | -70.6% |
| Cash at bank and in hand | 54/58 | €12,057 | €33,639 | +€21,583 | +179.0% |
| Deferred charges and accrued income | 490/1 | €1,262 | - | -€1,262 | |
| Total equity and liabilities | 10/49 | €172,993 | €156,392 | -€16,601 | -9.6% |
| Equity | 10/15 | €71,416 | €26,869 | -€44,547 | -62.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,416 | €1,869 | -€44,547 | -96.0% |
| Amounts payable | 17/49 | €101,578 | €129,524 | +€27,946 | +27.5% |
| Amounts payable after more than one year | 17 | €17,359 | €22,857 | +€5,498 | +31.7% |
| Financial debts | 170/4 | €17,359 | €22,857 | +€5,498 | +31.7% |
| Amounts payable within one year | 42/48 | €84,219 | €106,667 | +€22,448 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €18,631 | €11,228 | -€7,403 | -39.7% |
| Trade debts | 44 | €4,389 | €1,259 | -€3,130 | -71.3% |
| Suppliers | 440/4 | €4,389 | €1,259 | -€3,130 | -71.3% |
| Taxes, remuneration and social security | 45 | €13,369 | €26,346 | +€12,977 | +97.1% |
| Taxes | 450/3 | €13,369 | €26,346 | +€12,977 | +97.1% |
| Other amounts payable | 47/48 | €47,829 | €67,834 | +€20,005 | +41.8% |
| Remuneration, social security and pensions | 62 | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,127 | €10,161 | +€8,034 | +377.7% |
| Other operating charges | 640/8 | €2,392 | €2,472 | +€80 | +3.3% |
| Non-recurring operating charges | 66A | €8,813 | - | -€8,813 | |
| Gross operating margin | 9900 | €21,402 | -€27,669 | -€49,072 | |
| Operating profit (loss) | 9901 | €8,070 | -€40,349 | -€48,419 | |
| Financial income | 75/76B | €100 | €3 | -€97 | -96.8% |
| Recurring financial income | 75 | €100 | €3 | -€97 | -96.8% |
| Financial charges | 65/66B | €890 | €4,201 | +€3,311 | +372.0% |
| Recurring financial charges | 65 | €890 | €4,201 | +€3,311 | +372.0% |
| Profit (loss) for the period before taxes | 9903 | €7,280 | -€44,547 | -€51,827 | |
| Income taxes | 67/77 | €2,254 | - | -€2,254 | |
| Profit (loss) for the period | 9904 | €5,026 | -€44,547 | -€49,573 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,026 | -€44,547 | -€49,573 |
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 3 October 2026 via checked.be.