TELECOM INTEGRATED TECHNOLOGIES: 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.
What changed
TELECOM INTEGRATED TECHNOLOGIES
NACE 46.720, Wholesale of motor vehicle parts and accessories
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€699,218
2024 · €957,456-€258,237
Equity
€3.9m
2024 · €3.4m+€499,218
Cash
€644,783
2024 · €439,448+€205,335
Balance sheet total
€11.5m
2024 · €10.3m+€1.2m
Largest movements
Assets
- Tangible fixed assets +€564,620
up €564,620 (+11.2%), from €5.0m to €5.6m
of which Leasing and similar rights: +€468,220
- Receivables within one year +€330,458
up €330,458 (+9.9%), from €3.3m to €3.7m
of which Other amounts receivable: +€283,273
- Cash +€205,335
up €205,335 (+46.7%), from €439,448 to €644,783
mainly Depreciation (+€807,914) and Net result for the year (+€699,218)
- Deferred charges and accrued income +€171,671
up €171,671 (+94.3%), from €182,012 to €353,683
Equity and liabilities
- Reserves +€500,000
up €500,000 (+25.9%), from €1.9m to €2.4m
of which Distributable reserves: +€500,000
- Other debts +€359,514
up €359,514 (+1232.5%), from €29,170 to €388,684
- Current portion of long-term debt +€216,387
up €216,387 (+35.5%), from €610,271 to €826,659
- Debts after one year +€200,166
up €200,166 (+5.5%), from €3.6m to €3.8m
of which Financial debts: +€310,166
- Tax, wage and social debts -€192,951
down €192,951 (-20.0%), from €963,962 to €771,011
of which Remuneration and social security: -€171,315
Income statement
- Turnover +€458,366
up €458,366 (+3.6%), from €12.6m to €13.0m
- Services and other goods +€455,115
up €455,115 (+20.5%), from €2.2m to €2.7m
- Taxes +€334,848
new in 2025: €334,848
- Goods and materials -€255,212
down €255,212 (-4.5%), from €5.6m to €5.4m
of which Purchases: -€274,913
- Depreciation +€173,721
up €173,721 (+27.4%), from €634,194 to €807,914
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.
Result 2024
€957,456
Turnover
+€458,366
Other operating income
-€8,999
Goods and materials
+€255,212
Services and other goods
-€455,115
Staff costs
-€18,118
Depreciation
-€173,721
Write-downs
-€883
Other operating charges
+€2,896
Other operating items
-€845
Financial income
+€1,126
Financial charges
+€16,692
Taxes
-€334,848
Result 2025
€699,218
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.
From operations
+€1.3m
Investment
-€1.3m
Financing
+€263,618
Cash 2024
€439,448
From operations (derived)
+€1.3m
Net result for the year
+€699,218
Depreciation
+€807,914
Stocks and contracts
+€53,117
Receivables within one year
-€330,458
Deferred charges and accrued income
-€171,671
Trade debts
-€66,888
Tax, wage and social debts
-€192,951
Other debts
+€359,514
Accrued charges and deferred income
+€102,937
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
+€263,618
Debts after one year
+€200,166
Current portion of long-term debt
+€216,387
Short-term financial debts
+€47,064
Contributions, distributions and other
-€200,000
Cash 2025
€644,783
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,342,188 | €11,507,637 | +€1.2m | +11.3% |
| Fixed assets | 21/28 | €5,950,164 | €6,461,266 | +€511,102 | +8.6% |
| Intangible fixed assets | 21 | €145,325 | €91,807 | -€53,518 | -36.8% |
| Tangible fixed assets | 22/27 | €5,024,308 | €5,588,928 | +€564,620 | +11.2% |
| Land and buildings | 22 | €3,690,117 | €3,879,993 | +€189,875 | +5.1% |
| Plant, machinery and equipment | 23 | €89,454 | €57,657 | -€31,797 | -35.5% |
| Furniture and vehicles | 24 | €114,976 | €108,523 | -€6,453 | -5.6% |
| Leasing and similar rights | 25 | €1,012,749 | €1,480,969 | +€468,220 | +46.2% |
| Other tangible fixed assets | 26 | €117,011 | €61,786 | -€55,225 | -47.2% |
| Financial fixed assets | 28 | €780,532 | €780,532 | = | 0.0% |
| Affiliated companies | 280/1 | €550,000 | €550,000 | = | 0.0% |
| Participating interests | 280 | €550,000 | €550,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €229,862 | €229,862 | = | 0.0% |
| Participating interests | 282 | €229,862 | €229,862 | = | 0.0% |
| Other financial fixed assets | 284/8 | €670 | €670 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €670 | €670 | = | 0.0% |
| Current assets | 29/58 | €4,392,024 | €5,046,370 | +€654,347 | +14.9% |
| Stocks and contracts in progress | 3 | €442,084 | €388,966 | -€53,117 | -12.0% |
| Stocks | 30/36 | €442,084 | €388,966 | -€53,117 | -12.0% |
| Goods purchased for resale | 34 | €442,084 | €388,966 | -€53,117 | -12.0% |
| Amounts receivable within one year | 40/41 | €3,328,480 | €3,658,938 | +€330,458 | +9.9% |
| Trade receivables | 40 | €3,268,537 | €3,315,723 | +€47,185 | +1.4% |
| Other amounts receivable | 41 | €59,943 | €343,215 | +€283,273 | +472.6% |
| Cash at bank and in hand | 54/58 | €439,448 | €644,783 | +€205,335 | +46.7% |
| Deferred charges and accrued income | 490/1 | €182,012 | €353,683 | +€171,671 | +94.3% |
| Total equity and liabilities | 10/49 | €10,342,188 | €11,507,637 | +€1.2m | +11.3% |
| Equity | 10/15 | €3,368,823 | €3,868,042 | +€499,218 | +14.8% |
| Contributions | 10/11 | €1,436,723 | €1,436,723 | = | 0.0% |
| Capital | 10 | €1,436,723 | €1,436,723 | = | 0.0% |
| Issued capital | 100 | €1,436,723 | €1,436,723 | = | 0.0% |
| Reserves | 13 | €1,930,382 | €2,430,382 | +€500,000 | +25.9% |
| Non-distributable reserves | 130/1 | €144,000 | €144,000 | = | 0.0% |
| Legal reserve | 130 | €144,000 | €144,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,382 | €21,382 | = | 0.0% |
| Distributable reserves | 133 | €1,765,000 | €2,265,000 | +€500,000 | +28.3% |
| Profit (loss) carried forward | 14 | €1,718 | €936 | -€782 | -45.5% |
| Amounts payable | 17/49 | €6,973,365 | €7,639,595 | +€666,230 | +9.6% |
| Amounts payable after more than one year | 17 | €3,626,990 | €3,827,157 | +€200,166 | +5.5% |
| Financial debts | 170/4 | €3,336,990 | €3,647,157 | +€310,166 | +9.3% |
| Leasing and similar obligations | 172 | €623,621 | €818,495 | +€194,874 | +31.2% |
| Credit institutions | 173 | €2,713,369 | €2,828,662 | +€115,292 | +4.2% |
| Trade debts | 175 | €290,000 | €180,000 | -€110,000 | -37.9% |
| Suppliers | 1750 | €290,000 | €180,000 | -€110,000 | -37.9% |
| Amounts payable within one year | 42/48 | €3,184,273 | €3,547,401 | +€363,127 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €610,271 | €826,659 | +€216,387 | +35.5% |
| Financial debts | 43 | - | €47,064 | +€47,064 | |
| Credit institutions | 430/8 | - | €47,064 | +€47,064 | |
| Trade debts | 44 | €1,580,870 | €1,513,983 | -€66,888 | -4.2% |
| Suppliers | 440/4 | €1,580,870 | €1,513,983 | -€66,888 | -4.2% |
| Taxes, remuneration and social security | 45 | €963,962 | €771,011 | -€192,951 | -20.0% |
| Taxes | 450/3 | €356,434 | €334,798 | -€21,636 | -6.1% |
| Remuneration and social security | 454/9 | €607,528 | €436,212 | -€171,315 | -28.2% |
| Other amounts payable | 47/48 | €29,170 | €388,684 | +€359,514 | +1232.5% |
| Accrued charges and deferred income | 492/3 | €162,101 | €265,038 | +€102,937 | +63.5% |
| Operating income | 70/76A | €12,892,063 | €13,340,585 | +€448,522 | +3.5% |
| Turnover | 70 | €12,590,961 | €13,049,327 | +€458,366 | +3.6% |
| Other operating income | 74 | €296,124 | €287,125 | -€8,999 | -3.0% |
| Non-recurring operating income | 76A | €4,977 | €4,132 | -€845 | -17.0% |
| Operating charges | 60/66A | €11,682,685 | €12,072,414 | +€389,729 | +3.3% |
| Goods for resale, raw materials and consumables | 60 | €5,623,460 | €5,368,248 | -€255,212 | -4.5% |
| Purchases | 600/8 | €5,590,043 | €5,315,131 | -€274,913 | -4.9% |
| Change in stocks: decrease (increase) | 609 | €33,417 | €53,117 | +€19,701 | +59.0% |
| Services and other goods | 61 | €2,217,779 | €2,672,893 | +€455,115 | +20.5% |
| Remuneration, social security and pensions | 62 | €3,185,886 | €3,204,004 | +€18,118 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €634,194 | €807,914 | +€173,721 | +27.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,136 | -€1,252 | +€883 | +41.4% |
| Other operating charges | 640/8 | €23,503 | €20,607 | -€2,896 | -12.3% |
| Operating profit (loss) | 9901 | €1,209,378 | €1,268,171 | +€58,793 | +4.9% |
| Financial income | 75/76B | €3 | €1,129 | +€1,126 | +36314.2% |
| Recurring financial income | 75 | €3 | €1,129 | +€1,126 | +36314.2% |
| Other financial income | 752/9 | €3 | €1,129 | +€1,126 | +36314.2% |
| Financial charges | 65/66B | €251,925 | €235,233 | -€16,692 | -6.6% |
| Recurring financial charges | 65 | €251,925 | €235,233 | -€16,692 | -6.6% |
| Debt charges | 650 | €240,074 | €211,747 | -€28,327 | -11.8% |
| Other financial charges | 652/9 | €11,851 | €23,486 | +€11,635 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €957,456 | €1,034,067 | +€76,611 | +8.0% |
| Income taxes | 67/77 | - | €334,848 | +€334,848 | |
| Taxes | 670/3 | - | €334,848 | +€334,848 | |
| Profit (loss) for the period | 9904 | €957,456 | €699,218 | -€258,237 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €957,456 | €699,218 | -€258,237 | -27.0% |
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 10 October 2026 via checked.be.