TELE - DIFF: 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.
TELE - DIFF
Largest movements
- Receivables within one year -€42,477
down €42,477 (-41.4%), from €102,517 to €60,040
- Cash -€5,639
down €5,639 (-2.7%), from €211,155 to €205,516
mainly Net result for the year (-€50,445) and Investment in fixed assets (net) (-€4,695)
- Profit (loss) carried forward -€50,445
down €50,445 (-18.1%), from €278,196 to €227,751
- Trade debts +€4,540
new in 2024: €4,540
- Purchases and services +€43,818
up €43,818 (+31.3%), from €139,922 to €183,740
- Gross operating margin -€42,268
down €42,268 (-24.5%), from €172,785 to €130,517
- Staff costs +€31,733
up €31,733 (+34.3%), from €92,494 to €124,227
- Taxes +€14,313
up €14,313 (+75.4%), from €18,985 to €33,299
- Other operating charges +€6,150
up €6,150 (+87.8%), from €7,003 to €13,153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,001 | €281,909 | -€49,091 | -14.8% |
| Fixed assets | 21/28 | €17,329 | €16,353 | -€975 | -5.6% |
| Tangible fixed assets | 22/27 | €14,651 | €13,675 | -€975 | -6.7% |
| Plant, machinery and equipment | 23 | €444 | €256 | -€188 | -42.3% |
| Furniture and vehicles | 24 | €13,737 | €13,006 | -€730 | -5.3% |
| Other tangible fixed assets | 26 | €470 | €413 | -€57 | -12.1% |
| Financial fixed assets | 28 | €2,678 | €2,678 | = | 0.0% |
| Current assets | 29/58 | €313,672 | €265,556 | -€48,116 | -15.3% |
| Amounts receivable within one year | 40/41 | €102,517 | €60,040 | -€42,477 | -41.4% |
| Trade receivables | 40 | €102,517 | €60,040 | -€42,477 | -41.4% |
| Cash at bank and in hand | 54/58 | €211,155 | €205,516 | -€5,639 | -2.7% |
| Total equity and liabilities | 10/49 | €331,001 | €281,909 | -€49,091 | -14.8% |
| Equity | 10/15 | €305,456 | €255,011 | -€50,445 | -16.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €8,260 | €8,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,260 | €3,260 | = | 0.0% |
| Legal reserve | 130 | €3,260 | €3,260 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,196 | €227,751 | -€50,445 | -18.1% |
| Amounts payable | 17/49 | €25,545 | €26,898 | +€1,354 | +5.3% |
| Amounts payable within one year | 42/48 | €25,545 | €26,898 | +€1,354 | +5.3% |
| Trade debts | 44 | - | €4,540 | +€4,540 | |
| Suppliers | 440/4 | - | €4,540 | +€4,540 | |
| Taxes, remuneration and social security | 45 | €25,545 | €22,358 | -€3,186 | -12.5% |
| Taxes | 450/3 | €25,545 | €22,358 | -€3,186 | -12.5% |
| Turnover | 70 | €312,707 | €314,258 | +€1,550 | +0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,922 | €183,740 | +€43,818 | +31.3% |
| Remuneration, social security and pensions | 62 | €92,494 | €124,227 | +€31,733 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,667 | €5,670 | -€997 | -15.0% |
| Other operating charges | 640/8 | €7,003 | €13,153 | +€6,150 | +87.8% |
| Gross operating margin | 9900 | €172,785 | €130,517 | -€42,268 | -24.5% |
| Operating profit (loss) | 9901 | €66,621 | -€12,533 | -€79,154 | |
| Financial charges | 65/66B | €3,648 | €4,613 | +€965 | +26.5% |
| Recurring financial charges | 65 | €3,648 | €4,613 | +€965 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €62,973 | -€17,146 | -€80,120 | |
| Income taxes | 67/77 | €18,985 | €33,299 | +€14,313 | +75.4% |
| Profit (loss) for the period | 9904 | €43,988 | -€50,445 | -€94,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,988 | -€50,445 | -€94,433 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.