TEATOWER: 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.
TEATOWER
Largest movements
- Stocks and contracts +€224,572
up €224,572 (+1968.2%), from €11,410 to €235,983
- Receivables within one year +€144,740
up €144,740 (+92.0%), from €157,346 to €302,086
of which Trade receivables: +€152,386
- Tangible fixed assets +€58,407
up €58,407 (+536.7%), from €10,883 to €69,291
of which Other tangible fixed assets: +€38,413
- Cash +€50,482
up €50,482 (+242.4%), from €20,828 to €71,309
mainly Trade debts (+€184,784) and Tax, wage and social debts (+€133,522)
- Trade debts +€184,784
up €184,784 (+162.4%), from €113,789 to €298,573
- Tax, wage and social debts +€133,522
up €133,522 (+32013.6%), from €417 to €133,939
of which Remuneration and social security: +€102,098
- Profit (loss) carried forward +€117,733
up €117,733, from -€64,092 to €53,641
- Other debts +€41,000
new in 2025: €41,000
- Gross operating margin +€734,668
up €734,668 (+1533.0%), from €47,924 to €782,593
- Staff costs +€616,356
up €616,356, from -€8,676 to €607,680
- Taxes +€20,694
new in 2025: €20,694
- Financial charges +€11,582
up €11,582 (+342.5%), from €3,382 to €14,965
- Other operating charges +€11,376
up €11,376 (+739.8%), from €1,538 to €12,913
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.
Cash bridge derived
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 | €210,114 | €687,153 | +€477,039 | +227.0% |
| Fixed assets | 21/28 | €19,883 | €77,391 | +€57,507 | +289.2% |
| Intangible fixed assets | 21 | €9,000 | €8,100 | -€900 | -10.0% |
| Tangible fixed assets | 22/27 | €10,883 | €69,291 | +€58,407 | +536.7% |
| Plant, machinery and equipment | 23 | €522 | €4,980 | +€4,459 | +854.9% |
| Furniture and vehicles | 24 | - | €15,536 | +€15,536 | |
| Other tangible fixed assets | 26 | €10,362 | €48,775 | +€38,413 | +370.7% |
| Current assets | 29/58 | €190,231 | €609,763 | +€419,532 | +220.5% |
| Stocks and contracts in progress | 3 | €11,410 | €235,983 | +€224,572 | +1968.2% |
| Stocks | 30/36 | €11,410 | €235,983 | +€224,572 | +1968.2% |
| Amounts receivable within one year | 40/41 | €157,346 | €302,086 | +€144,740 | +92.0% |
| Trade receivables | 40 | €5,150 | €157,536 | +€152,386 | +2958.8% |
| Other amounts receivable | 41 | €152,196 | €144,550 | -€7,646 | -5.0% |
| Cash at bank and in hand | 54/58 | €20,828 | €71,309 | +€50,482 | +242.4% |
| Deferred charges and accrued income | 490/1 | €647 | €385 | -€262 | -40.5% |
| Total equity and liabilities | 10/49 | €210,114 | €687,153 | +€477,039 | +227.0% |
| Equity | 10/15 | €95,908 | €213,641 | +€117,733 | +122.8% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,092 | €53,641 | +€117,733 | |
| Amounts payable | 17/49 | €114,206 | €473,513 | +€359,307 | +314.6% |
| Amounts payable within one year | 42/48 | €114,206 | €473,513 | +€359,307 | +314.6% |
| Trade debts | 44 | €113,789 | €298,573 | +€184,784 | +162.4% |
| Suppliers | 440/4 | €113,789 | €298,573 | +€184,784 | +162.4% |
| Taxes, remuneration and social security | 45 | €417 | €133,939 | +€133,522 | +32013.6% |
| Taxes | 450/3 | €417 | €31,841 | +€31,424 | +7534.3% |
| Remuneration and social security | 454/9 | - | €102,098 | +€102,098 | |
| Other amounts payable | 47/48 | - | €41,000 | +€41,000 | |
| Remuneration, social security and pensions | 62 | -€8,676 | €607,680 | +€616,356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,007 | €11,296 | +€3,289 | +41.1% |
| Other operating charges | 640/8 | €1,538 | €12,913 | +€11,376 | +739.8% |
| Gross operating margin | 9900 | €47,924 | €782,593 | +€734,668 | +1533.0% |
| Operating profit (loss) | 9901 | €47,056 | €150,704 | +€103,648 | +220.3% |
| Financial income | 75/76B | - | €2,687 | +€2,687 | |
| Recurring financial income | 75 | - | €2,687 | +€2,687 | |
| Financial charges | 65/66B | €3,382 | €14,965 | +€11,582 | +342.5% |
| Recurring financial charges | 65 | €3,382 | €14,965 | +€11,582 | +342.5% |
| Profit (loss) for the period before taxes | 9903 | €43,674 | €138,426 | +€94,753 | +217.0% |
| Income taxes | 67/77 | - | €20,694 | +€20,694 | |
| Profit (loss) for the period | 9904 | €43,674 | €117,733 | +€74,059 | +169.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,674 | €117,733 | +€74,059 | +169.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.