TEAL MOBILITY Belgium: 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.
TEAL MOBILITY Belgium
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+54.7%), from €1.9m to €2.9m
of which Assets under construction and advance payments: +€1.3m
- Receivables within one year +€219,752
up €219,752 (+98.1%), from €224,095 to €443,847
of which Other amounts receivable: +€202,782
- Contributions +€2.5m
up €2.5m (+250%), from €1.0m to €3.5m
- Debts after one year +€1.3m
new in 2025: €1.3m
- Short-term financial debts -€1.3m
down €1.3m (-100%), from €1.3m to €0
- Profit (loss) carried forward -€1.2m
down €1.2m (-149%), from -€821,435 to -€2.0m
- Trade debts -€42,566
down €42,566 (-6.9%), from €617,882 to €575,317
- Gross operating margin -€178,118
down €178,118 (-26.5%), from -€672,100 to -€850,218
- Depreciation +€149,244
up €149,244 (+106%), from €140,540 to €289,784
- Financial charges +€79,703
up €79,703 (+3,755%), from €2,123 to €81,826
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,098,146 | €3,335,313 | +€1.2m | +59.0% |
| Fixed assets | 21/28 | €1,866,419 | €2,887,965 | +€1.0m | +54.7% |
| Tangible fixed assets | 22/27 | €1,866,419 | €2,887,965 | +€1.0m | +54.7% |
| Plant, machinery and equipment | 23 | €583,919 | €294,136 | -€289,784 | -49.6% |
| Assets under construction and advance payments | 27 | €1,282,500 | €2,593,830 | +€1.3m | +102% |
| Current assets | 29/58 | €231,727 | €447,347 | +€215,621 | +93.0% |
| Stocks and contracts in progress | 3 | €6,000 | €3,500 | -€2,500 | -41.7% |
| Stocks | 30/36 | €6,000 | €3,500 | -€2,500 | -41.7% |
| Amounts receivable within one year | 40/41 | €224,095 | €443,847 | +€219,752 | +98.1% |
| Trade receivables | 40 | €18,135 | €35,104 | +€16,970 | +93.6% |
| Other amounts receivable | 41 | €205,961 | €408,743 | +€202,782 | +98.5% |
| Deferred charges and accrued income | 490/1 | €1,632 | €0 | -€1,632 | -100% |
| Total equity and liabilities | 10/49 | €2,098,146 | €3,335,313 | +€1.2m | +59.0% |
| Equity | 10/15 | €178,565 | €1,456,577 | +€1.3m | +716% |
| Contributions | 10/11 | €1,000,000 | €3,500,000 | +€2.5m | +250% |
| Profit (loss) carried forward | 14 | -€821,435 | -€2,043,423 | -€1.2m | -149% |
| Amounts payable | 17/49 | €1,919,581 | €1,878,736 | -€40,845 | -2.1% |
| Amounts payable after more than one year | 17 | - | €1,300,000 | +€1.3m | |
| Other amounts payable | 178/9 | - | €1,300,000 | +€1.3m | |
| Amounts payable within one year | 42/48 | €1,917,882 | €575,317 | -€1.3m | -70.0% |
| Financial debts | 43 | €1,300,000 | €0 | -€1.3m | -100% |
| Other loans | 439 | €1,300,000 | €0 | -€1.3m | -100% |
| Trade debts | 44 | €617,882 | €575,317 | -€42,566 | -6.9% |
| Suppliers | 440/4 | €617,882 | €575,317 | -€42,566 | -6.9% |
| Accrued charges and deferred income | 492/3 | €1,698 | €3,419 | +€1,721 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €140,540 | €289,784 | +€149,244 | +106% |
| Other operating charges | 640/8 | €8,304 | €1,935 | -€6,369 | -76.7% |
| Gross operating margin | 9900 | -€672,100 | -€850,218 | -€178,118 | -26.5% |
| Operating profit (loss) | 9901 | -€820,944 | -€1,141,937 | -€320,993 | -39.1% |
| Financial income | 75/76B | €1,632 | €1,774 | +€142 | +8.7% |
| Recurring financial income | 75 | €1,632 | €1,774 | +€142 | +8.7% |
| Financial charges | 65/66B | €2,123 | €81,826 | +€79,703 | +3,755% |
| Recurring financial charges | 65 | €2,123 | €81,826 | +€79,703 | +3,755% |
| Profit (loss) for the period before taxes | 9903 | -€821,435 | -€1,221,988 | -€400,554 | -48.8% |
| Profit (loss) for the period | 9904 | -€821,435 | -€1,221,988 | -€400,554 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€821,435 | -€1,221,988 | -€400,554 | -48.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.