TTCK: 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.
TTCK
Largest movements
- Receivables within one year +€143,289
up €143,289 (+149.2%), from €96,065 to €239,354
of which Trade receivables: +€143,251
- Deferred charges and accrued income +€36,537
up €36,537 (+7339.2%), from €498 to €37,035
- Cash +€32,584
up €32,584 (+46.4%), from €70,191 to €102,775
mainly Trade debts (+€171,706) and Depreciation (+€23,277)
- Tangible fixed assets -€11,920
down €11,920 (-10.1%), from €117,624 to €105,705
of which Other tangible fixed assets: -€10,948
- Trade debts +€171,706
up €171,706 (+57.4%), from €299,307 to €471,013
- Tax, wage and social debts +€21,311
up €21,311 (+77.5%), from €27,510 to €48,821
of which Taxes: +€17,422
- Debts after one year -€18,739
down €18,739 (-39.0%), from €48,066 to €29,327
- Current portion of long-term debt +€9,484
new in 2025: €9,484
- Profit (loss) carried forward +€8,849
up €8,849 (+6.7%), from €132,018 to €140,867
- Gross operating margin +€8,705
up €8,705 (+6.5%), from €134,007 to €142,712
- Taxes +€5,857
new in 2025: €5,857
- Financial charges -€1,896
down €1,896 (-18.7%), from €10,137 to €8,241
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 | €567,360 | €771,083 | +€203,723 | +35.9% |
| Fixed assets | 21/28 | €117,784 | €105,865 | -€11,920 | -10.1% |
| Tangible fixed assets | 22/27 | €117,624 | €105,705 | -€11,920 | -10.1% |
| Plant, machinery and equipment | 23 | €6,120 | €9,879 | +€3,758 | +61.4% |
| Furniture and vehicles | 24 | €30,495 | €25,765 | -€4,730 | -15.5% |
| Other tangible fixed assets | 26 | €81,009 | €70,061 | -€10,948 | -13.5% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €449,576 | €665,218 | +€215,642 | +48.0% |
| Stocks and contracts in progress | 3 | €250,692 | €253,925 | +€3,233 | +1.3% |
| Stocks | 30/36 | €250,692 | €253,925 | +€3,233 | +1.3% |
| Amounts receivable within one year | 40/41 | €96,065 | €239,354 | +€143,289 | +149.2% |
| Trade receivables | 40 | €96,065 | €239,316 | +€143,251 | +149.1% |
| Other amounts receivable | 41 | - | €38 | +€38 | |
| Current investments | 50/53 | €32,130 | €32,130 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €70,191 | €102,775 | +€32,584 | +46.4% |
| Deferred charges and accrued income | 490/1 | €498 | €37,035 | +€36,537 | +7339.2% |
| Total equity and liabilities | 10/49 | €567,360 | €771,083 | +€203,723 | +35.9% |
| Equity | 10/15 | €172,208 | €181,057 | +€8,849 | +5.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €32,130 | €32,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,130 | €32,130 | = | 0.0% |
| Own shares acquired | 1312 | €32,130 | €32,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,018 | €140,867 | +€8,849 | +6.7% |
| Amounts payable | 17/49 | €395,153 | €590,026 | +€194,874 | +49.3% |
| Amounts payable after more than one year | 17 | €48,066 | €29,327 | -€18,739 | -39.0% |
| Financial debts | 170/4 | €48,066 | €29,327 | -€18,739 | -39.0% |
| Amounts payable within one year | 42/48 | €347,086 | €560,678 | +€213,592 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,484 | +€9,484 | |
| Financial debts | 43 | €2,601 | €10,412 | +€7,811 | +300.3% |
| Credit institutions | 430/8 | €2,601 | €10,412 | +€7,811 | +300.3% |
| Trade debts | 44 | €299,307 | €471,013 | +€171,706 | +57.4% |
| Suppliers | 440/4 | €299,307 | €471,013 | +€171,706 | +57.4% |
| Taxes, remuneration and social security | 45 | €27,510 | €48,821 | +€21,311 | +77.5% |
| Taxes | 450/3 | €23,207 | €40,629 | +€17,422 | +75.1% |
| Remuneration and social security | 454/9 | €4,303 | €8,192 | +€3,889 | +90.4% |
| Other amounts payable | 47/48 | €17,668 | €20,948 | +€3,280 | +18.6% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Remuneration, social security and pensions | 62 | €94,913 | €95,475 | +€562 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,808 | €23,277 | +€470 | +2.1% |
| Other operating charges | 640/8 | €899 | €1,524 | +€625 | +69.6% |
| Gross operating margin | 9900 | €134,007 | €142,712 | +€8,705 | +6.5% |
| Operating profit (loss) | 9901 | €15,387 | €22,435 | +€7,048 | +45.8% |
| Financial income | 75/76B | €953 | €512 | -€441 | -46.3% |
| Recurring financial income | 75 | €953 | €512 | -€441 | -46.3% |
| Financial charges | 65/66B | €10,137 | €8,241 | -€1,896 | -18.7% |
| Recurring financial charges | 65 | €10,137 | €8,241 | -€1,896 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €6,203 | €14,706 | +€8,503 | +137.1% |
| Income taxes | 67/77 | - | €5,857 | +€5,857 | |
| Profit (loss) for the period | 9904 | €6,203 | €8,849 | +€2,646 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,203 | €8,849 | +€2,646 | +42.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.