TELDIS: 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.
TELDIS
Largest movements
- Receivables within one year +€19,568
up €19,568 (+351.2%), from €5,571 to €25,139
- Tangible fixed assets -€16,318
down €16,318 (-9.9%), from €165,562 to €149,244
of which Land and buildings: -€10,303
- Cash -€1,961
down €1,961 (-13.7%), from €14,266 to €12,305
mainly Contributions, distributions and other (-€37,143) and Receivables within one year (-€19,568)
- Debts after one year -€16,529
down €16,529 (-27.0%), from €61,201 to €44,672
- Other debts +€15,370
up €15,370 (+144.6%), from €10,630 to €26,000
- Reserves -€14,550
down €14,550 (-19.5%), from €74,541 to €59,991
of which Distributable reserves: -€14,549
- Current portion of long-term debt +€8,423
up €8,423 (+156.3%), from €5,390 to €13,813
- Tax, wage and social debts +€8,321
up €8,321 (+246.9%), from €3,370 to €11,691
- Taxes +€1,234
up €1,234 (+16.9%), from €7,315 to €8,549
- Financial income +€751
up €751 (+714.9%), from €105 to €856
- Financial charges -€682
down €682 (-18.8%), from €3,620 to €2,938
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 | €185,587 | €186,875 | +€1,288 | +0.7% |
| Fixed assets | 21/28 | €165,750 | €149,432 | -€16,318 | -9.8% |
| Tangible fixed assets | 22/27 | €165,562 | €149,244 | -€16,318 | -9.9% |
| Land and buildings | 22 | €100,307 | €90,004 | -€10,303 | -10.3% |
| Plant, machinery and equipment | 23 | €65,255 | €59,240 | -€6,015 | -9.2% |
| Financial fixed assets | 28 | €188 | €188 | -€0 | 0.0% |
| Current assets | 29/58 | €19,837 | €37,444 | +€17,607 | +88.8% |
| Amounts receivable within one year | 40/41 | €5,571 | €25,139 | +€19,568 | +351.2% |
| Other amounts receivable | 41 | €5,571 | €25,139 | +€19,568 | +351.2% |
| Cash at bank and in hand | 54/58 | €14,266 | €12,305 | -€1,961 | -13.7% |
| Total equity and liabilities | 10/49 | €185,587 | €186,875 | +€1,288 | +0.7% |
| Equity | 10/15 | €102,760 | €88,210 | -€14,550 | -14.2% |
| Contributions | 10/11 | €28,219 | €28,219 | -€0 | 0.0% |
| Capital | 10 | €28,219 | - | -€28,219 | |
| Issued capital | 100 | €28,219 | - | -€28,219 | |
| Outside capital | 11 | - | €28,219 | +€28,219 | |
| Other | 1109/19 | - | €28,219 | +€28,219 | |
| Reserves | 13 | €74,541 | €59,991 | -€14,550 | -19.5% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | -€0 | 0.0% |
| Legal reserve | 130 | €3,099 | - | -€3,099 | |
| Reserves not available under the articles | 1311 | - | €3,099 | +€3,099 | |
| Tax-exempt reserves | 132 | €3,324 | €3,324 | -€0 | 0.0% |
| Distributable reserves | 133 | €68,118 | €53,569 | -€14,549 | -21.4% |
| Amounts payable | 17/49 | €82,827 | €98,666 | +€15,839 | +19.1% |
| Amounts payable after more than one year | 17 | €61,201 | €44,672 | -€16,529 | -27.0% |
| Financial debts | 170/4 | €61,201 | €44,672 | -€16,529 | -27.0% |
| Amounts payable within one year | 42/48 | €20,863 | €52,977 | +€32,114 | +153.9% |
| Current portion of amounts payable after more than one year | 42 | €5,390 | €13,813 | +€8,423 | +156.3% |
| Trade debts | 44 | €1,473 | €1,473 | +€0 | 0.0% |
| Suppliers | 440/4 | €1,473 | €1,473 | +€0 | 0.0% |
| Taxes, remuneration and social security | 45 | €3,370 | €11,691 | +€8,321 | +246.9% |
| Taxes | 450/3 | €3,370 | €11,691 | +€8,321 | +246.9% |
| Other amounts payable | 47/48 | €10,630 | €26,000 | +€15,370 | +144.6% |
| Accrued charges and deferred income | 492/3 | €763 | €1,016 | +€253 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,565 | €16,318 | -€247 | -1.5% |
| Other operating charges | 640/8 | €5,274 | €5,395 | +€121 | +2.3% |
| Gross operating margin | 9900 | €55,204 | €54,935 | -€269 | -0.5% |
| Operating profit (loss) | 9901 | €33,365 | €33,223 | -€142 | -0.4% |
| Financial income | 75/76B | €105 | €856 | +€751 | +714.9% |
| Recurring financial income | 75 | €105 | €856 | +€751 | +714.9% |
| Financial charges | 65/66B | €3,620 | €2,938 | -€682 | -18.8% |
| Recurring financial charges | 65 | €3,620 | €2,938 | -€682 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €29,850 | €31,141 | +€1,291 | +4.3% |
| Income taxes | 67/77 | €7,315 | €8,549 | +€1,234 | +16.9% |
| Profit (loss) for the period | 9904 | €22,535 | €22,592 | +€57 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,535 | €22,592 | +€57 | +0.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.