K-TELECOM: 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.
K-TELECOM
Largest movements
- Receivables within one year +€20,579
up €20,579 (+66.9%), from €30,769 to €51,348
of which Trade receivables: +€11,901
- Tangible fixed assets -€3,079
down €3,079 (-83.3%), from €3,694 to €616
- Profit (loss) carried forward +€10,240
up €10,240 (+90.3%), from €11,346 to €21,586
- Tax, wage and social debts +€7,629
up €7,629 (+408.9%), from €1,866 to €9,495
- Purchases and services -€35,415
down €35,415 (-59.2%), from €59,776 to €24,361
- Gross operating margin +€24,828
up €24,828 (+670.7%), from €3,702 to €28,530
- Turnover -€10,587
down €10,587 (-16.7%), from €63,477 to €52,891
- Taxes +€5,459
up €5,459 (+144.5%), from €3,779 to €9,239
- Financial charges +€1,300
up €1,300 (+144.6%), from €899 to €2,200
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,488 | €52,041 | +€17,553 | +50.9% |
| Fixed assets | 21/28 | €3,719 | €641 | -€3,079 | -82.8% |
| Tangible fixed assets | 22/27 | €3,694 | €616 | -€3,079 | -83.3% |
| Furniture and vehicles | 24 | €3,694 | €616 | -€3,079 | -83.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €30,769 | €51,400 | +€20,632 | +67.1% |
| Amounts receivable within one year | 40/41 | €30,769 | €51,348 | +€20,579 | +66.9% |
| Trade receivables | 40 | €4,570 | €16,471 | +€11,901 | +260.4% |
| Other amounts receivable | 41 | €26,199 | €34,877 | +€8,678 | +33.1% |
| Cash at bank and in hand | 54/58 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €34,488 | €52,041 | +€17,553 | +50.9% |
| Equity | 10/15 | €31,806 | €42,046 | +€10,240 | +32.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,346 | €21,586 | +€10,240 | +90.3% |
| Amounts payable | 17/49 | €2,682 | €9,996 | +€7,313 | +272.6% |
| Amounts payable within one year | 42/48 | €2,682 | €9,996 | +€7,313 | +272.6% |
| Financial debts | 43 | €1 | €1 | = | 0.0% |
| Credit institutions | 430/8 | €1 | €1 | = | 0.0% |
| Trade debts | 44 | €816 | €500 | -€316 | -38.7% |
| Suppliers | 440/4 | €816 | €500 | -€316 | -38.7% |
| Taxes, remuneration and social security | 45 | €1,866 | €9,495 | +€7,629 | +408.9% |
| Taxes | 450/3 | €1,866 | €9,495 | +€7,629 | +408.9% |
| Turnover | 70 | €63,477 | €52,891 | -€10,587 | -16.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €59,776 | €24,361 | -€35,415 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,463 | €3,079 | +€616 | +25.0% |
| Other operating charges | 640/8 | €365 | €871 | +€507 | +138.9% |
| Non-recurring operating charges | 66A | €10,712 | €2,910 | -€7,802 | -72.8% |
| Gross operating margin | 9900 | €3,702 | €28,530 | +€24,828 | +670.7% |
| Operating profit (loss) | 9901 | -€9,838 | €21,670 | +€31,508 | |
| Financial income | 75/76B | €1,134 | €8 | -€1,126 | -99.3% |
| Recurring financial income | 75 | €1,134 | €8 | -€1,126 | -99.3% |
| Non-recurring financial income | 76B | €1,134 | - | -€1,134 | |
| Financial charges | 65/66B | €899 | €2,200 | +€1,300 | +144.6% |
| Recurring financial charges | 65 | €899 | €2,200 | +€1,300 | +144.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,603 | €19,479 | +€29,082 | |
| Income taxes | 67/77 | €3,779 | €9,239 | +€5,459 | +144.5% |
| Profit (loss) for the period | 9904 | -€13,383 | €10,240 | +€23,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,383 | €10,240 | +€23,622 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.