TELBOUW: 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.
TELBOUW
Largest movements
- Receivables within one year -€4,623
down €4,623 (-70.5%), from €6,561 to €1,938
of which Trade receivables: -€5,000
- Cash +€2,238
up €2,238 (+81.4%), from €2,749 to €4,988
mainly Receivables within one year (+€4,623) and Trade debts (+€939)
- Profit (loss) carried forward -€3,744
down €3,744 (-11.1%), from -€33,874 to -€37,618
- Trade debts +€939
new in 2025: €939
- Other debts +€365
up €365 (+1,824%), from €20 to €384
- Gross operating margin +€17,840
up €17,840 (+87.1%), from -€20,478 to -€2,639
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 | €9,310 | €6,962 | -€2,349 | -25.2% |
| Current assets | 29/58 | €9,310 | €6,962 | -€2,349 | -25.2% |
| Amounts receivable within one year | 40/41 | €6,561 | €1,938 | -€4,623 | -70.5% |
| Trade receivables | 40 | €5,000 | - | -€5,000 | |
| Other amounts receivable | 41 | €1,561 | €1,938 | +€377 | +24.2% |
| Cash at bank and in hand | 54/58 | €2,749 | €4,988 | +€2,238 | +81.4% |
| Deferred charges and accrued income | 490/1 | - | €36 | +€36 | |
| Total equity and liabilities | 10/49 | €9,310 | €6,962 | -€2,349 | -25.2% |
| Equity | 10/15 | -€21,074 | -€24,818 | -€3,744 | -17.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,800 | €2,800 | = | 0.0% |
| Distributable reserves | 133 | €2,800 | €2,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,874 | -€37,618 | -€3,744 | -11.1% |
| Amounts payable | 17/49 | €30,384 | €31,780 | +€1,395 | +4.6% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20 | €1,324 | +€1,304 | +6,526% |
| Trade debts | 44 | - | €939 | +€939 | |
| Suppliers | 440/4 | - | €939 | +€939 | |
| Other amounts payable | 47/48 | €20 | €384 | +€365 | +1,824% |
| Accrued charges and deferred income | 492/3 | €365 | €456 | +€91 | +25.0% |
| Other operating charges | 640/8 | €634 | €649 | +€15 | +2.4% |
| Non-recurring operating charges | 66A | €125 | - | -€125 | |
| Gross operating margin | 9900 | -€20,478 | -€2,639 | +€17,840 | +87.1% |
| Operating profit (loss) | 9901 | -€21,238 | -€3,288 | +€17,950 | +84.5% |
| Financial charges | 65/66B | €365 | €456 | +€91 | +25.0% |
| Recurring financial charges | 65 | €365 | €456 | +€91 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,602 | -€3,744 | +€17,859 | +82.7% |
| Profit (loss) for the period | 9904 | -€21,602 | -€3,744 | +€17,859 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,602 | -€3,744 | +€17,859 | +82.7% |
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 20 October 2026 via checked.be.