TRKZK: 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.
TRKZK
Largest movements
- Tangible fixed assets -€22,584
down €22,584 (-14.6%), from €154,810 to €132,226
of which Other tangible fixed assets: -€20,724
- Receivables within one year +€9,424
up €9,424 (+24.6%), from €38,236 to €47,660
of which Trade receivables: +€11,252
- Profit (loss) carried forward +€31,476
up €31,476 (+68.0%), from -€46,320 to -€14,844
- Debts after one year -€25,561
down €25,561 (-21.5%), from €118,845 to €93,284
- Trade debts -€22,115
down €22,115 (-28.6%), from €77,305 to €55,191
- Other debts +€2,231
up €2,231 (+26.2%), from €8,505 to €10,736
- Staff costs -€71,778
down €71,778 (-52.6%), from €136,420 to €64,642
- Gross operating margin -€62,956
down €62,956 (-33.4%), from €188,643 to €125,687
- Financial income +€9,024
up €9,024 (+15686.0%), from €58 to €9,082
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 | €217,370 | €201,726 | -€15,644 | -7.2% |
| Fixed assets | 21/28 | €155,359 | €133,975 | -€21,384 | -13.8% |
| Intangible fixed assets | 21 | €549 | €249 | -€300 | -54.6% |
| Tangible fixed assets | 22/27 | €154,810 | €132,226 | -€22,584 | -14.6% |
| Plant, machinery and equipment | 23 | €9,085 | €7,951 | -€1,134 | -12.5% |
| Furniture and vehicles | 24 | €3,730 | €3,004 | -€725 | -19.4% |
| Other tangible fixed assets | 26 | €141,995 | €121,270 | -€20,724 | -14.6% |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €62,011 | €67,751 | +€5,740 | +9.3% |
| Stocks and contracts in progress | 3 | €14,112 | €12,611 | -€1,501 | -10.6% |
| Stocks | 30/36 | €14,112 | €12,611 | -€1,501 | -10.6% |
| Amounts receivable within one year | 40/41 | €38,236 | €47,660 | +€9,424 | +24.6% |
| Trade receivables | 40 | €31,505 | €42,757 | +€11,252 | +35.7% |
| Other amounts receivable | 41 | €6,731 | €4,903 | -€1,828 | -27.2% |
| Cash at bank and in hand | 54/58 | €7,114 | €5,040 | -€2,074 | -29.2% |
| Deferred charges and accrued income | 490/1 | €2,549 | €2,440 | -€109 | -4.3% |
| Total equity and liabilities | 10/49 | €217,370 | €201,726 | -€15,644 | -7.2% |
| Equity | 10/15 | -€26,320 | €5,156 | +€31,476 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,320 | -€14,844 | +€31,476 | +68.0% |
| Amounts payable | 17/49 | €243,690 | €196,570 | -€47,120 | -19.3% |
| Amounts payable after more than one year | 17 | €118,845 | €93,284 | -€25,561 | -21.5% |
| Financial debts | 170/4 | €118,845 | €93,284 | -€25,561 | -21.5% |
| Amounts payable within one year | 42/48 | €124,845 | €103,286 | -€21,559 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €29,395 | €27,853 | -€1,542 | -5.2% |
| Trade debts | 44 | €77,305 | €55,191 | -€22,115 | -28.6% |
| Suppliers | 440/4 | €77,305 | €55,191 | -€22,115 | -28.6% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €9,639 | €8,506 | -€1,134 | -11.8% |
| Taxes | 450/3 | €836 | €7,338 | +€6,502 | +777.3% |
| Remuneration and social security | 454/9 | €8,803 | €1,167 | -€7,636 | -86.7% |
| Other amounts payable | 47/48 | €8,505 | €10,736 | +€2,231 | +26.2% |
| Remuneration, social security and pensions | 62 | €136,420 | €64,642 | -€71,778 | -52.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,158 | €26,969 | -€190 | -0.7% |
| Other operating charges | 640/8 | €2,138 | €2,142 | +€4 | +0.2% |
| Non-recurring operating charges | 66A | €1,335 | - | -€1,335 | |
| Gross operating margin | 9900 | €188,643 | €125,687 | -€62,956 | -33.4% |
| Operating profit (loss) | 9901 | €21,592 | €31,934 | +€10,342 | +47.9% |
| Financial income | 75/76B | €58 | €9,082 | +€9,024 | +15686.0% |
| Recurring financial income | 75 | €58 | €9,082 | +€9,024 | +15686.0% |
| Financial charges | 65/66B | €8,301 | €9,386 | +€1,085 | +13.1% |
| Recurring financial charges | 65 | €8,301 | €9,386 | +€1,085 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €13,349 | €31,630 | +€18,281 | +136.9% |
| Income taxes | 67/77 | - | €154 | +€154 | |
| Profit (loss) for the period | 9904 | €13,349 | €31,476 | +€18,128 | +135.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,349 | €31,476 | +€18,128 | +135.8% |
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 11 October 2026 via checked.be.