TELARAÑA: what changed
Two financial 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.
TELARAÑA
Largest movements
- Receivables within one year +€18,849
up €18,849 (+45.8%), from €41,125 to €59,973
of which Trade receivables: +€18,849
- Cash +€17,058
up €17,058 (+19.8%), from €86,093 to €103,151
mainly Other debts (+€106,128) and Net result for the year (+€36,744)
- Tangible fixed assets -€8,591
down €8,591 (-83.9%), from €10,242 to €1,651
- Deferred charges and accrued income +€3,255
up €3,255 (+1,759%), from €185 to €3,440
- Other debts +€106,128
up €106,128 (+2,184%), from €4,860 to €110,988
- Reserves -€70,588
down €70,588 (-80.8%), from €87,401 to €16,813
- Trade debts +€9,411
up €9,411 (+457%), from €2,059 to €11,470
- Current portion of long-term debt -€8,294
down €8,294 (-100%), from €8,294 to €0
- Tax, wage and social debts -€4,956
down €4,956 (-32.4%), from €15,300 to €10,344
- Gross operating margin +€33,108
up €33,108 (+141%), from €23,522 to €56,631
- Taxes +€7,737
up €7,737 (+392%), from €1,973 to €9,710
- Other operating charges -€1,330
down €1,330 (-51.8%), from €2,567 to €1,237
- Depreciation -€832
down €832 (-8.8%), from €9,423 to €8,591
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.
Derived cash bridge
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 | €137,645 | €168,215 | +€30,570 | +22.2% |
| Fixed assets | 21/28 | €10,242 | €1,651 | -€8,591 | -83.9% |
| Tangible fixed assets | 22/27 | €10,242 | €1,651 | -€8,591 | -83.9% |
| Furniture and vehicles | 24 | €10,242 | €1,651 | -€8,591 | -83.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €127,403 | €166,564 | +€39,161 | +30.7% |
| Amounts receivable within one year | 40/41 | €41,125 | €59,973 | +€18,849 | +45.8% |
| Trade receivables | 40 | €11,598 | €30,446 | +€18,849 | +163% |
| Other amounts receivable | 41 | €29,527 | €29,527 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,093 | €103,151 | +€17,058 | +19.8% |
| Deferred charges and accrued income | 490/1 | €185 | €3,440 | +€3,255 | +1,759% |
| Total equity and liabilities | 10/49 | €137,645 | €168,215 | +€30,570 | +22.2% |
| Equity | 10/15 | €106,001 | €35,413 | -€70,588 | -66.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,401 | €16,813 | -€70,588 | -80.8% |
| Distributable reserves | 133 | €87,401 | €16,813 | -€70,588 | -80.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,643 | €132,802 | +€101,158 | +320% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €30,513 | €132,802 | +€102,288 | +335% |
| Current portion of amounts payable after more than one year | 42 | €8,294 | €0 | -€8,294 | -100% |
| Trade debts | 44 | €2,059 | €11,470 | +€9,411 | +457% |
| Suppliers | 440/4 | €2,059 | €11,470 | +€9,411 | +457% |
| Taxes, remuneration and social security | 45 | €15,300 | €10,344 | -€4,956 | -32.4% |
| Taxes | 450/3 | €15,300 | €10,344 | -€4,956 | -32.4% |
| Other amounts payable | 47/48 | €4,860 | €110,988 | +€106,128 | +2,184% |
| Accrued charges and deferred income | 492/3 | €1,130 | €0 | -€1,130 | -100% |
| Non-recurring operating income | 76A | - | €1,612 | +€1,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,423 | €8,591 | -€832 | -8.8% |
| Other operating charges | 640/8 | €2,567 | €1,237 | -€1,330 | -51.8% |
| Non-recurring operating charges | 66A | €3,099 | €0 | -€3,099 | -100% |
| Gross operating margin | 9900 | €23,522 | €56,631 | +€33,108 | +141% |
| Operating profit (loss) | 9901 | €8,433 | €46,802 | +€38,369 | +455% |
| Financial income | 75/76B | €9 | €0 | -€9 | -98.9% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -98.9% |
| Financial charges | 65/66B | €425 | €348 | -€76 | -18.0% |
| Recurring financial charges | 65 | €425 | €348 | -€76 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €8,018 | €46,454 | +€38,436 | +479% |
| Income taxes | 67/77 | €1,973 | €9,710 | +€7,737 | +392% |
| Profit (loss) for the period | 9904 | €6,045 | €36,744 | +€30,700 | +508% |
| Profit (loss) for the period to be appropriated | 9905 | €6,045 | €36,744 | +€30,700 | +508% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.