GLOBAL TELCO CONSULT: 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.
GLOBAL TELCO CONSULT
Largest movements
- Cash -€28,935
down €28,935 (-77.1%), from €37,538 to €8,603
mainly Net result for the year (-€19,465) and Receivables within one year (-€6,058)
- Receivables within one year +€6,058
up €6,058 (+38.4%), from €15,771 to €21,829
- Profit (loss) carried forward -€10,465
down €10,465 (-77.4%), from €13,529 to €3,064
- Reserves -€9,000
down €9,000 (-57.6%), from €15,613 to €6,613
of which Distributable reserves: -€9,000
- Short-term financial debts -€3,616
no longer reported in 2025 (was €3,616)
- Other operating charges +€3,310
up €3,310 (+861%), from €384 to €3,695
- Financial charges -€2,044
down €2,044 (-97.8%), from €2,089 to €45
- Financial income +€433
up €433 (+87.3%), from €496 to €929
- Gross operating margin +€302
up €302 (+1.8%), from -€16,955 to -€16,654
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.
Derived cash bridge
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 | €53,309 | €30,432 | -€22,876 | -42.9% |
| Current assets | 29/58 | €53,309 | €30,432 | -€22,876 | -42.9% |
| Amounts receivable within one year | 40/41 | €15,771 | €21,829 | +€6,058 | +38.4% |
| Other amounts receivable | 41 | €15,771 | €21,829 | +€6,058 | +38.4% |
| Cash at bank and in hand | 54/58 | €37,538 | €8,603 | -€28,935 | -77.1% |
| Total equity and liabilities | 10/49 | €53,309 | €30,432 | -€22,876 | -42.9% |
| Equity | 10/15 | €49,142 | €29,677 | -€19,465 | -39.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,613 | €6,613 | -€9,000 | -57.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,613 | €4,613 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | - | -€9,000 | |
| Profit (loss) carried forward | 14 | €13,529 | €3,064 | -€10,465 | -77.4% |
| Amounts payable | 17/49 | €4,167 | €755 | -€3,412 | -81.9% |
| Amounts payable within one year | 42/48 | €4,167 | €755 | -€3,412 | -81.9% |
| Financial debts | 43 | €3,616 | - | -€3,616 | |
| Credit institutions | 430/8 | €3,616 | - | -€3,616 | |
| Trade debts | 44 | €551 | €755 | +€204 | +37.1% |
| Suppliers | 440/4 | €551 | €755 | +€204 | +37.1% |
| Other operating charges | 640/8 | €384 | €3,695 | +€3,310 | +861% |
| Gross operating margin | 9900 | -€16,955 | -€16,654 | +€302 | +1.8% |
| Operating profit (loss) | 9901 | -€17,340 | -€20,349 | -€3,009 | -17.4% |
| Financial income | 75/76B | €496 | €929 | +€433 | +87.3% |
| Recurring financial income | 75 | €496 | €929 | +€433 | +87.3% |
| Financial charges | 65/66B | €2,089 | €45 | -€2,044 | -97.8% |
| Recurring financial charges | 65 | €2,089 | €45 | -€2,044 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,933 | -€19,465 | -€531 | -2.8% |
| Profit (loss) for the period | 9904 | -€18,933 | -€19,465 | -€531 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,933 | -€19,465 | -€531 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.