TEL TRANS: 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.
TEL TRANS
Largest movements
- Cash +€13,044
up €13,044 (+116.8%), from €11,170 to €24,214
mainly Receivables within one year (+€11,522) and Trade debts (+€6,433)
- Receivables within one year -€11,522
down €11,522 (-18.3%), from €62,872 to €51,350
of which Other amounts receivable: -€11,522
- Tangible fixed assets -€1,900
down €1,900 (-51.4%), from €3,700 to €1,800
of which Plant, machinery and equipment: -€1,600
- Tax, wage and social debts -€12,422
down €12,422 (-58.6%), from €21,188 to €8,766
- Trade debts +€6,433
up €6,433 (+197.5%), from €3,257 to €9,690
- Profit (loss) carried forward +€5,610
up €5,610 (+26.7%), from €20,997 to €26,607
- Depreciation -€3,933
down €3,933 (-67.4%), from €5,833 to €1,900
- Gross operating margin +€1,504
up €1,504 (+20.5%), from €7,326 to €8,831
- Taxes +€1,410
up €1,410 (+204.3%), from €690 to €2,100
- Other operating charges +€555
up €555 (+48.1%), from €1,153 to €1,707
- Financial income -€418
down €418 (-14.0%), from €2,980 to €2,562
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 | €78,642 | €78,263 | -€378 | -0.5% |
| Fixed assets | 21/28 | €4,600 | €2,700 | -€1,900 | -41.3% |
| Tangible fixed assets | 22/27 | €3,700 | €1,800 | -€1,900 | -51.4% |
| Plant, machinery and equipment | 23 | €3,400 | €1,800 | -€1,600 | -47.1% |
| Furniture and vehicles | 24 | €300 | - | -€300 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €74,042 | €75,563 | +€1,522 | +2.1% |
| Amounts receivable within one year | 40/41 | €62,872 | €51,350 | -€11,522 | -18.3% |
| Trade receivables | 40 | €2,783 | €2,783 | = | 0.0% |
| Other amounts receivable | 41 | €60,089 | €48,567 | -€11,522 | -19.2% |
| Cash at bank and in hand | 54/58 | €11,170 | €24,214 | +€13,044 | +116.8% |
| Total equity and liabilities | 10/49 | €78,642 | €78,263 | -€378 | -0.5% |
| Equity | 10/15 | €27,197 | €32,807 | +€5,610 | +20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,997 | €26,607 | +€5,610 | +26.7% |
| Amounts payable | 17/49 | €51,444 | €45,456 | -€5,988 | -11.6% |
| Amounts payable within one year | 42/48 | €51,444 | €45,456 | -€5,988 | -11.6% |
| Trade debts | 44 | €3,257 | €9,690 | +€6,433 | +197.5% |
| Suppliers | 440/4 | €3,257 | €9,690 | +€6,433 | +197.5% |
| Taxes, remuneration and social security | 45 | €21,188 | €8,766 | -€12,422 | -58.6% |
| Taxes | 450/3 | €21,188 | €8,766 | -€12,422 | -58.6% |
| Other amounts payable | 47/48 | €27,000 | €27,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,833 | €1,900 | -€3,933 | -67.4% |
| Other operating charges | 640/8 | €1,153 | €1,707 | +€555 | +48.1% |
| Gross operating margin | 9900 | €7,326 | €8,831 | +€1,504 | +20.5% |
| Operating profit (loss) | 9901 | €340 | €5,223 | +€4,883 | +1435.7% |
| Financial income | 75/76B | €2,980 | €2,562 | -€418 | -14.0% |
| Recurring financial income | 75 | €2,980 | €2,562 | -€418 | -14.0% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.5% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €3,246 | €7,710 | +€4,464 | +137.5% |
| Income taxes | 67/77 | €690 | €2,100 | +€1,410 | +204.3% |
| Profit (loss) for the period | 9904 | €2,556 | €5,610 | +€3,054 | +119.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,556 | €5,610 | +€3,054 | +119.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.