TSK Group: 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.
TSK Group
Largest movements
- Receivables within one year -€265,265
down €265,265 (-66.6%), from €398,221 to €132,956
of which Other amounts receivable: -€315,454
- Receivables after one year +€100,250
new in 2024: €100,250
- Trade debts -€150,341
down €150,341 (-46.0%), from €326,515 to €176,174
- Tax, wage and social debts -€35,224
down €35,224 (-36.0%), from €97,813 to €62,589
of which Taxes: -€22,191
- Profit (loss) carried forward +€15,876
up €15,876 (+392.0%), from €4,050 to €19,926
- Gross operating margin +€75,767
up €75,767 (+44.5%), from €170,368 to €246,135
- Turnover +€51,057
up €51,057 (+6.4%), from €803,069 to €854,125
- Financial income -€28,649
down €28,649 (-100.0%), from €28,654 to €5
of which Financial income: -€16,581
- Staff costs +€27,638
up €27,638 (+14.5%), from €190,630 to €218,268
- Purchases and services -€24,710
down €24,710 (-3.9%), from €632,701 to €607,991
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 | €430,377 | €260,689 | -€169,689 | -39.4% |
| Fixed assets | 21/28 | €29,015 | €24,910 | -€4,105 | -14.1% |
| Tangible fixed assets | 22/27 | €13,015 | €8,910 | -€4,105 | -31.5% |
| Plant, machinery and equipment | 23 | €2,290 | €2,055 | -€235 | -10.3% |
| Furniture and vehicles | 24 | €10,429 | €6,855 | -€3,574 | -34.3% |
| Leasing and similar rights | 25 | €296 | - | -€296 | |
| Financial fixed assets | 28 | €16,000 | €16,000 | = | 0.0% |
| Current assets | 29/58 | €401,362 | €235,779 | -€165,583 | -41.3% |
| Amounts receivable after more than one year | 29 | - | €100,250 | +€100,250 | |
| Other amounts receivable | 291 | - | €100,250 | +€100,250 | |
| Amounts receivable within one year | 40/41 | €398,221 | €132,956 | -€265,265 | -66.6% |
| Trade receivables | 40 | €65,055 | €115,243 | +€50,188 | +77.1% |
| Other amounts receivable | 41 | €333,166 | €17,712 | -€315,454 | -94.7% |
| Cash at bank and in hand | 54/58 | €3,141 | €2,573 | -€568 | -18.1% |
| Total equity and liabilities | 10/49 | €430,377 | €260,689 | -€169,689 | -39.4% |
| Equity | 10/15 | €6,050 | €21,926 | +€15,876 | +262.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,050 | €19,926 | +€15,876 | +392.0% |
| Amounts payable | 17/49 | €424,328 | €238,763 | -€185,565 | -43.7% |
| Amounts payable within one year | 42/48 | €424,328 | €238,763 | -€185,565 | -43.7% |
| Trade debts | 44 | €326,515 | €176,174 | -€150,341 | -46.0% |
| Suppliers | 440/4 | €326,515 | €176,174 | -€150,341 | -46.0% |
| Taxes, remuneration and social security | 45 | €97,813 | €62,589 | -€35,224 | -36.0% |
| Taxes | 450/3 | €78,753 | €56,562 | -€22,191 | -28.2% |
| Remuneration and social security | 454/9 | €19,060 | €6,027 | -€13,032 | -68.4% |
| Turnover | 70 | €803,069 | €854,125 | +€51,057 | +6.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €632,701 | €607,991 | -€24,710 | -3.9% |
| Remuneration, social security and pensions | 62 | €190,630 | €218,268 | +€27,638 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,057 | €4,105 | -€952 | -18.8% |
| Other operating charges | 640/8 | €1,313 | €739 | -€575 | -43.7% |
| Gross operating margin | 9900 | €170,368 | €246,135 | +€75,767 | +44.5% |
| Operating profit (loss) | 9901 | -€26,633 | €23,023 | +€49,655 | |
| Financial income | 75/76B | €28,654 | €5 | -€28,649 | -100.0% |
| Recurring financial income | 75 | €16,586 | €5 | -€16,581 | -100.0% |
| Non-recurring financial income | 76B | €12,068 | €0 | -€12,068 | -100.0% |
| Financial charges | 65/66B | €2,884 | €7,152 | +€4,268 | +148.0% |
| Recurring financial charges | 65 | €2,287 | €3,656 | +€1,369 | +59.9% |
| Non-recurring financial charges | 66B | €597 | €3,495 | +€2,898 | +485.5% |
| Profit (loss) for the period before taxes | 9903 | -€863 | €15,876 | +€16,739 | |
| Profit (loss) for the period | 9904 | -€863 | €15,876 | +€16,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€863 | €15,876 | +€16,739 |
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 8 October 2026 via checked.be.