Telecom Field Services: 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.
Telecom Field Services
Largest movements
- Receivables within one year -€24,694
down €24,694 (-53.0%), from €46,606 to €21,912
of which Trade receivables: -€32,395
- Cash +€11,605
up €11,605 (+13.2%), from €87,865 to €99,471
mainly Other debts (+€101,465) and Receivables within one year (+€24,694)
- Tangible fixed assets +€5,741
up €5,741 (+373%), from €1,540 to €7,280
of which Plant, machinery and equipment: +€5,741
- Profit (loss) carried forward -€109,304
down €109,304 (-98.1%), from €111,375 to €2,071
- Other debts +€101,465
up €101,465 (+21,944%), from €462 to €101,927
- Tax, wage and social debts -€10,496
down €10,496 (-39.3%), from €26,704 to €16,208
of which Taxes: -€12,229
- Accrued charges and deferred income +€8,030
new in 2025: €8,030
- Trade debts +€3,843
up €3,843 (+193%), from €1,989 to €5,832
- Gross operating margin -€30,413
down €30,413 (-34.8%), from €87,316 to €56,904
- Staff costs +€9,634
up €9,634 (+31.3%), from €30,735 to €40,369
- Taxes -€6,930
down €6,930 (-67.7%), from €10,233 to €3,304
- Depreciation -€4,363
down €4,363 (-82.4%), from €5,295 to €931
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 | €147,780 | €139,019 | -€8,761 | -5.9% |
| Fixed assets | 21/28 | €2,290 | €8,030 | +€5,741 | +251% |
| Tangible fixed assets | 22/27 | €1,540 | €7,280 | +€5,741 | +373% |
| Plant, machinery and equipment | 23 | €1,540 | €7,280 | +€5,741 | +373% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €145,491 | €130,989 | -€14,502 | -10.0% |
| Amounts receivable within one year | 40/41 | €46,606 | €21,912 | -€24,694 | -53.0% |
| Trade receivables | 40 | €46,606 | €14,211 | -€32,395 | -69.5% |
| Other amounts receivable | 41 | €0 | €7,702 | +€7,702 | |
| Cash at bank and in hand | 54/58 | €87,865 | €99,471 | +€11,605 | +13.2% |
| Deferred charges and accrued income | 490/1 | €11,020 | €9,606 | -€1,414 | -12.8% |
| Total equity and liabilities | 10/49 | €147,780 | €139,019 | -€8,761 | -5.9% |
| Equity | 10/15 | €114,375 | €5,071 | -€109,304 | -95.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,375 | €2,071 | -€109,304 | -98.1% |
| Amounts payable | 17/49 | €33,405 | €133,948 | +€100,543 | +301% |
| Amounts payable after more than one year | 17 | €1,950 | €0 | -€1,950 | -100% |
| Financial debts | 170/4 | €1,950 | €0 | -€1,950 | -100% |
| Amounts payable within one year | 42/48 | €31,455 | €125,917 | +€94,462 | +300% |
| Current portion of amounts payable after more than one year | 42 | €2,300 | €1,950 | -€350 | -15.2% |
| Trade debts | 44 | €1,989 | €5,832 | +€3,843 | +193% |
| Suppliers | 440/4 | €1,989 | €5,832 | +€3,843 | +193% |
| Taxes, remuneration and social security | 45 | €26,704 | €16,208 | -€10,496 | -39.3% |
| Taxes | 450/3 | €23,464 | €11,235 | -€12,229 | -52.1% |
| Remuneration and social security | 454/9 | €3,241 | €4,973 | +€1,733 | +53.5% |
| Other amounts payable | 47/48 | €462 | €101,927 | +€101,465 | +21,944% |
| Accrued charges and deferred income | 492/3 | - | €8,030 | +€8,030 | |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €30,735 | €40,369 | +€9,634 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,295 | €931 | -€4,363 | -82.4% |
| Other operating charges | 640/8 | €1,939 | €1,388 | -€550 | -28.4% |
| Gross operating margin | 9900 | €87,316 | €56,904 | -€30,413 | -34.8% |
| Operating profit (loss) | 9901 | €49,348 | €14,215 | -€35,133 | -71.2% |
| Financial income | 75/76B | €8 | €0 | -€8 | -99.3% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -99.3% |
| Financial charges | 65/66B | €236 | €215 | -€21 | -8.7% |
| Recurring financial charges | 65 | €236 | €215 | -€21 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €49,120 | €14,000 | -€35,121 | -71.5% |
| Income taxes | 67/77 | €10,233 | €3,304 | -€6,930 | -67.7% |
| Profit (loss) for the period | 9904 | €38,887 | €10,696 | -€28,191 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,887 | €10,696 | -€28,191 | -72.5% |
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 17 October 2026 via checked.be.