TELEYAS
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 55% lower than in 2024.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €24,374 | €3,987 |
| Intangible fixed assets | €4,559 | - |
| Depreciation and write-downs of the year | €4,559 | €6,035 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €130,199 | €92,493 | ▼ 29.0% |
| Goods, raw materials, services and sundry goods60/61 | €72,241 | €62,376 | ▼ 13.7% |
| Remuneration, social security and pensions62 | €874 | €992 | ▲ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,559 | €6,035 | ▲ 32.4% |
| Other operating charges640/8 | €1,791 | €1,814 | ▲ 1.3% |
| Gross operating margin9900 | €62,579 | €33,679 | ▼ 46.2% |
| Operating profit (loss)9901 | €55,355 | €24,838 | ▼ 55.1% |
| Financial charges65/66B | €6 | €40 | ▲ 586% |
| Recurring financial charges65 | €6 | €40 | ▲ 586% |
| Profit (loss) for the period before taxes9903 | €55,349 | €24,797 | ▼ 55.2% |
| Income taxes67/77 | €11,397 | €5,214 | ▼ 54.3% |
| Profit (loss) for the period9904 | €43,952 | €19,583 | ▼ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €43,952 | €19,583 | ▼ 55.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €70,880 | €92,548 | ▲ 30.6% |
| Formation expenses20 | €772 | - | - |
| Fixed assets21/28 | €20,834 | €18,787 | ▼ 9.8% |
| Tangible fixed assets22/27 | €20,834 | €18,787 | ▼ 9.8% |
| Plant, machinery and equipment23 | €3,685 | €4,926 | ▲ 33.7% |
| Furniture and vehicles24 | €17,150 | €13,860 | ▼ 19.2% |
| Current assets29/58 | €49,274 | €73,762 | ▲ 49.7% |
| Amounts receivable within one year40/41 | €12,973 | €22,223 | ▲ 71.3% |
| Trade receivables40 | €12,973 | €21,623 | ▲ 66.7% |
| Other amounts receivable41 | - | €600 | - |
| Cash at bank and in hand54/58 | €36,301 | €51,538 | ▲ 42.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €70,880 | €92,548 | ▲ 30.6% |
| Equity10/15 | €44,452 | €64,036 | ▲ 44.1% |
| Contributions10/11 | €500 | €500 | = |
| Contributions outside capital11 | €500 | €500 | = |
| Other1109/19 | €500 | €500 | = |
| Profit (loss) carried forward14 | €43,952 | €63,536 | ▲ 44.6% |
| Amounts payable17/49 | €26,427 | €28,513 | ▲ 7.9% |
| Amounts payable within one year42/48 | €26,427 | €28,513 | ▲ 7.9% |
| Trade debts44 | €6,764 | €4,246 | ▼ 37.2% |
| Suppliers440/4 | €6,764 | €4,246 | ▼ 37.2% |
| Taxes, remuneration and social security45 | €19,030 | €23,865 | ▲ 25.4% |
| Taxes450/3 | €16,538 | €21,373 | ▲ 29.2% |
| Remuneration and social security454/9 | €2,492 | €2,492 | = |
| Other amounts payable47/48 | €633 | €402 | ▼ 36.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €43,952 | €19,583 | ▼ 55.4% |
| + Depreciation and write-downs630 | €4,559 | €6,035 | ▲ 32.4% |
| Operating cash flow (approximation) | €48,511 | €25,618 | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | -€3,987 | - |
| Change in cash | - | €15,237 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as TELEYAS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TELEYAS itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for TELEYAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.