TELAGE: 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.
TELAGE
Largest movements
- Deferred charges and accrued income -€26,855
down €26,855 (-90.6%), from €29,625 to €2,771
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Cash +€3,823
up €3,823 (+119.2%), from €3,207 to €7,030
mainly Deferred charges and accrued income (+€26,855) and Receivables after one year (+€20,000)
- Receivables within one year -€2,919
down €2,919 (-7.0%), from €41,438 to €38,519
of which Other amounts receivable: -€4,011
- Reserves -€30,000
down €30,000 (-27.2%), from €110,331 to €80,331
of which Distributable reserves: -€30,000
- Other debts -€19,835
down €19,835 (-39.8%), from €49,815 to €29,979
- Trade debts +€1,172
up €1,172 (+117.2%), from €1,000 to €2,172
- Profit (loss) carried forward +€1,111
up €1,111 (+1.4%), from -€78,030 to -€76,919
- Tax, wage and social debts +€976
up €976 (+20.5%), from €4,765 to €5,741
- Gross operating margin +€27,960
up €27,960, from -€24,887 to €3,073
- Financial income -€3,000
no longer reported in 2025 (was €3,000)
- Financial charges -€2,639
down €2,639 (-91.4%), from €2,889 to €250
- Other operating charges -€1,296
down €1,296 (-58.8%), from €2,205 to €909
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 | €95,291 | €48,714 | -€46,576 | -48.9% |
| Fixed assets | 21/28 | €1,020 | €395 | -€626 | -61.3% |
| Tangible fixed assets | 22/27 | €1,020 | €395 | -€626 | -61.3% |
| Plant, machinery and equipment | 23 | €1,020 | €395 | -€626 | -61.3% |
| Current assets | 29/58 | €94,270 | €48,320 | -€45,951 | -48.7% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Amounts receivable within one year | 40/41 | €41,438 | €38,519 | -€2,919 | -7.0% |
| Trade receivables | 40 | €7,260 | €8,352 | +€1,092 | +15.0% |
| Other amounts receivable | 41 | €34,178 | €30,167 | -€4,011 | -11.7% |
| Cash at bank and in hand | 54/58 | €3,207 | €7,030 | +€3,823 | +119.2% |
| Deferred charges and accrued income | 490/1 | €29,625 | €2,771 | -€26,855 | -90.6% |
| Total equity and liabilities | 10/49 | €95,291 | €48,714 | -€46,576 | -48.9% |
| Equity | 10/15 | €38,501 | €9,612 | -€28,889 | -75.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €110,331 | €80,331 | -€30,000 | -27.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €108,471 | €78,471 | -€30,000 | -27.7% |
| Profit (loss) carried forward | 14 | -€78,030 | -€76,919 | +€1,111 | +1.4% |
| Amounts payable | 17/49 | €56,790 | €39,103 | -€17,687 | -31.1% |
| Amounts payable within one year | 42/48 | €56,790 | €39,103 | -€17,687 | -31.1% |
| Trade debts | 44 | €1,000 | €2,172 | +€1,172 | +117.2% |
| Suppliers | 440/4 | €1,000 | €2,172 | +€1,172 | +117.2% |
| Advances received on contracts in progress | 46 | €1,210 | €1,210 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,765 | €5,741 | +€976 | +20.5% |
| Taxes | 450/3 | €4,765 | €5,741 | +€976 | +20.5% |
| Other amounts payable | 47/48 | €49,815 | €29,979 | -€19,835 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €626 | = | 0.0% |
| Other operating charges | 640/8 | €2,205 | €909 | -€1,296 | -58.8% |
| Gross operating margin | 9900 | -€24,887 | €3,073 | +€27,960 | |
| Operating profit (loss) | 9901 | -€27,717 | €1,538 | +€29,255 | |
| Financial income | 75/76B | €3,000 | - | -€3,000 | |
| Recurring financial income | 75 | €3,000 | - | -€3,000 | |
| Financial charges | 65/66B | €2,889 | €250 | -€2,639 | -91.4% |
| Recurring financial charges | 65 | €2,889 | €250 | -€2,639 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,606 | €1,289 | +€28,894 | |
| Income taxes | 67/77 | €177 | €178 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€27,783 | €1,111 | +€28,894 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,783 | €1,111 | +€28,894 |
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 3 October 2026 via checked.be.