TELA: 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.
TELA
Largest movements
- Stocks and contracts -€21,465
no longer reported in 2021 (was €21,465)
- Receivables within one year +€8,868
up €8,868 (+2456.4%), from €361 to €9,229
- Cash -€3,157
down €3,157 (-61.2%), from €5,155 to €1,998
mainly Net result for the year (-€10,242) and Receivables within one year (-€8,868)
- Profit (loss) carried forward -€10,242
down €10,242, from €3,572 to -€6,669
- Debts within one year -€5,444
down €5,444 (-81.0%), from €6,718 to €1,274
- Purchases and services +€226,256
new in 2021: €226,256
- Turnover -€24,553
down €24,553 (-10.5%), from €232,737 to €208,185
- Gross operating margin -€11,489
down €11,489, from €2,093 to -€9,396
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,358 | €13,673 | -€15,686 | -53.4% |
| Fixed assets | 21/28 | €2,378 | €2,378 | = | 0.0% |
| Financial fixed assets | 28 | €2,378 | €2,378 | = | 0.0% |
| Current assets | 29/58 | €26,981 | €11,295 | -€15,686 | -58.1% |
| Stocks and contracts in progress | 3 | €21,465 | - | -€21,465 | |
| Amounts receivable within one year | 40/41 | €361 | €9,229 | +€8,868 | +2456.4% |
| Other amounts receivable | 41 | - | €9,229 | +€9,229 | |
| Cash at bank and in hand | 54/58 | €5,155 | €1,998 | -€3,157 | -61.2% |
| Deferred charges and accrued income | 490/1 | - | €68 | +€68 | |
| Total equity and liabilities | 10/49 | €29,358 | €13,673 | -€15,686 | -53.4% |
| Equity | 10/15 | €22,640 | €12,399 | -€10,242 | -45.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €468 | €468 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €468 | +€468 | |
| Reserves not available under the articles | 1311 | - | €468 | +€468 | |
| Profit (loss) carried forward | 14 | €3,572 | -€6,669 | -€10,242 | |
| Amounts payable | 17/49 | €6,718 | €1,274 | -€5,444 | -81.0% |
| Amounts payable within one year | 42/48 | €6,718 | €1,274 | -€5,444 | -81.0% |
| Trade debts | 44 | €1,058 | €390 | -€668 | -63.1% |
| Suppliers | 440/4 | - | €390 | +€390 | |
| Taxes, remuneration and social security | 45 | - | €274 | +€274 | |
| Taxes | 450/3 | - | €274 | +€274 | |
| Other amounts payable | 47/48 | - | €610 | +€610 | |
| Turnover | 70 | €232,737 | €208,185 | -€24,553 | -10.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €226,256 | +€226,256 | |
| Other operating charges | 640/8 | - | €1,172 | +€1,172 | |
| Gross operating margin | 9900 | €2,093 | -€9,396 | -€11,489 | |
| Operating profit (loss) | 9901 | €1,270 | -€10,568 | -€11,838 | |
| Financial income | 75/76B | - | €458 | +€458 | |
| Recurring financial income | 75 | - | €458 | +€458 | |
| Financial charges | 65/66B | - | €131 | +€131 | |
| Recurring financial charges | 65 | €540 | €131 | -€408 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €730 | -€10,242 | -€10,972 | |
| Income taxes | 67/77 | €177 | - | -€177 | |
| Profit (loss) for the period | 9904 | €553 | -€10,242 | -€10,795 | |
| Profit (loss) for the period to be appropriated | 9905 | €553 | -€10,242 | -€10,795 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.