TEBEO: 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.
TEBEO
Largest movements
- Receivables within one year -€255,671
down €255,671 (-39.8%), from €642,638 to €386,967
of which Other amounts receivable: -€136,805
- Stocks and contracts +€135,084
up €135,084 (+73.7%), from €183,261 to €318,344
- Advances received -€106,064
down €106,064 (-28.0%), from €379,382 to €273,318
- Trade debts -€73,893
down €73,893 (-44.4%), from €166,261 to €92,368
- Tax, wage and social debts +€54,454
new in 2024: €54,454
- Profit (loss) carried forward +€26,504
up €26,504, from -€15,772 to €10,733
- Debts after one year -€23,032
down €23,032 (-28.8%), from €80,012 to €56,980
- Gross operating margin +€32,792
up €32,792 (+293.2%), from €11,184 to €43,976
- Financial income -€4,792
down €4,792 (-80.7%), from €5,937 to €1,145
- Taxes +€4,528
new in 2024: €4,528
- Financial charges -€1,933
down €1,933 (-20.3%), from €9,542 to €7,609
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,064 | €716,347 | -€121,717 | -14.5% |
| Fixed assets | 21/28 | €8,763 | €9,507 | +€744 | +8.5% |
| Intangible fixed assets | 21 | €8,763 | €3,325 | -€5,438 | -62.1% |
| Tangible fixed assets | 22/27 | - | €6,182 | +€6,182 | |
| Furniture and vehicles | 24 | - | €6,182 | +€6,182 | |
| Current assets | 29/58 | €829,301 | €706,840 | -€122,461 | -14.8% |
| Stocks and contracts in progress | 3 | €183,261 | €318,344 | +€135,084 | +73.7% |
| Contracts in progress | 37 | €183,261 | €318,344 | +€135,084 | +73.7% |
| Amounts receivable within one year | 40/41 | €642,638 | €386,967 | -€255,671 | -39.8% |
| Trade receivables | 40 | €399,153 | €280,287 | -€118,866 | -29.8% |
| Other amounts receivable | 41 | €243,485 | €106,680 | -€136,805 | -56.2% |
| Cash at bank and in hand | 54/58 | €311 | €183 | -€128 | -41.3% |
| Deferred charges and accrued income | 490/1 | €3,091 | €1,346 | -€1,745 | -56.5% |
| Total equity and liabilities | 10/49 | €838,064 | €716,347 | -€121,717 | -14.5% |
| Equity | 10/15 | €34,448 | €60,953 | +€26,504 | +76.9% |
| Contributions | 10/11 | €50,220 | €50,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,772 | €10,733 | +€26,504 | |
| Amounts payable | 17/49 | €803,616 | €655,395 | -€148,221 | -18.4% |
| Amounts payable after more than one year | 17 | €80,012 | €56,980 | -€23,032 | -28.8% |
| Financial debts | 170/4 | €80,012 | €56,980 | -€23,032 | -28.8% |
| Amounts payable within one year | 42/48 | €723,605 | €598,415 | -€125,190 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €22,719 | €23,032 | +€313 | +1.4% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €166,261 | €92,368 | -€73,893 | -44.4% |
| Suppliers | 440/4 | €166,261 | €92,368 | -€73,893 | -44.4% |
| Advances received on contracts in progress | 46 | €379,382 | €273,318 | -€106,064 | -28.0% |
| Taxes, remuneration and social security | 45 | - | €54,454 | +€54,454 | |
| Taxes | 450/3 | - | €54,454 | +€54,454 | |
| Other amounts payable | 47/48 | €30,243 | €30,243 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,438 | €5,512 | +€73 | +1.3% |
| Other operating charges | 640/8 | €794 | €968 | +€173 | +21.8% |
| Gross operating margin | 9900 | €11,184 | €43,976 | +€32,792 | +293.2% |
| Operating profit (loss) | 9901 | €4,951 | €37,497 | +€32,545 | +657.3% |
| Financial income | 75/76B | €5,937 | €1,145 | -€4,792 | -80.7% |
| Recurring financial income | 75 | €5,937 | €1,145 | -€4,792 | -80.7% |
| Financial charges | 65/66B | €9,542 | €7,609 | -€1,933 | -20.3% |
| Recurring financial charges | 65 | €9,542 | €7,609 | -€1,933 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €1,346 | €31,032 | +€29,686 | +2206.2% |
| Income taxes | 67/77 | - | €4,528 | +€4,528 | |
| Profit (loss) for the period | 9904 | €1,346 | €26,504 | +€25,159 | +1869.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,346 | €26,504 | +€25,159 | +1869.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.