EURO TEL: what changed
EURO TEL
Largest movements
- Receivables within one year +€49,580
up €49,580 (+2,818%), from €1,760 to €51,339
of which Trade receivables: +€46,750
- Cash -€36,655
no longer reported in 2024 (was €36,655)
mainly Receivables within one year (-€49,580) and Trade debts (-€15,887)
- Stocks and contracts +€3,582
up €3,582 (+1,100%), from €326 to €3,907
- Deferred charges and accrued income +€2,575
up €2,575 (+241%), from €1,070 to €3,645
- Other debts +€19,437
up €19,437, from €0 to €19,437
- Profit (loss) carried forward +€17,047
up €17,047 (+124%), from €13,737 to €30,784
- Trade debts -€15,887
down €15,887 (-99.7%), from €15,933 to €47
- Tax, wage and social debts -€1,945
down €1,945 (-48.4%), from €4,018 to €2,073
- Gross operating margin +€17,970
up €17,970, from -€94 to €17,875
- Other operating charges +€536
up €536 (+2,442%), from €22 to €558
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,889 | €58,892 | +€19,003 | +47.6% |
| Formation expenses | 20 | €78 | - | -€78 | |
| Current assets | 29/58 | €39,810 | €58,892 | +€19,081 | +47.9% |
| Stocks and contracts in progress | 3 | €326 | €3,907 | +€3,582 | +1,100% |
| Stocks | 30/36 | €326 | €3,907 | +€3,582 | +1,100% |
| Amounts receivable within one year | 40/41 | €1,760 | €51,339 | +€49,580 | +2,818% |
| Trade receivables | 40 | €0 | €46,750 | +€46,750 | |
| Other amounts receivable | 41 | €1,760 | €4,589 | +€2,830 | +161% |
| Cash at bank and in hand | 54/58 | €36,655 | - | -€36,655 | |
| Deferred charges and accrued income | 490/1 | €1,070 | €3,645 | +€2,575 | +241% |
| Total equity and liabilities | 10/49 | €39,889 | €58,892 | +€19,003 | +47.6% |
| Equity | 10/15 | €19,937 | €36,984 | +€17,047 | +85.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,737 | €30,784 | +€17,047 | +124% |
| Amounts payable | 17/49 | €19,952 | €21,908 | +€1,956 | +9.8% |
| Amounts payable within one year | 42/48 | €19,952 | €21,908 | +€1,956 | +9.8% |
| Financial debts | 43 | - | €350 | +€350 | |
| Credit institutions | 430/8 | - | €350 | +€350 | |
| Trade debts | 44 | €15,933 | €47 | -€15,887 | -99.7% |
| Suppliers | 440/4 | €15,933 | €47 | -€15,887 | -99.7% |
| Taxes, remuneration and social security | 45 | €4,018 | €2,073 | -€1,945 | -48.4% |
| Taxes | 450/3 | €4,018 | €2,073 | -€1,945 | -48.4% |
| Other amounts payable | 47/48 | €0 | €19,437 | +€19,437 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €78 | -€78 | -49.8% |
| Other operating charges | 640/8 | €22 | €558 | +€536 | +2,442% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€94 | €17,875 | +€17,970 | |
| Operating profit (loss) | 9901 | -€272 | €17,239 | +€17,511 | |
| Financial charges | 65/66B | €347 | €191 | -€156 | -44.9% |
| Recurring financial charges | 65 | €347 | €191 | -€156 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | -€620 | €17,047 | +€17,667 | |
| Profit (loss) for the period | 9904 | -€620 | €17,047 | +€17,667 | |
| Profit (loss) for the period to be appropriated | 9905 | -€620 | €17,047 | +€17,667 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.