Telecom Micro Services: 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.
Telecom Micro Services
Largest movements
- Receivables within one year -€1,367
down €1,367 (-93.2%), from €1,467 to €100
- Profit (loss) carried forward -€2,651
down €2,651 (-2.5%), from €105,434 to €102,783
- Gross operating margin +€3,402
up €3,402 (+73.8%), from -€4,608 to -€1,206
- Other operating charges -€203
down €203 (-45.5%), from €447 to €243
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 | €129,567 | €127,817 | -€1,750 | -1.4% |
| Fixed assets | 21/28 | €3,154 | €2,103 | -€1,051 | -33.3% |
| Tangible fixed assets | 22/27 | €3,154 | €2,103 | -€1,051 | -33.3% |
| Plant, machinery and equipment | 23 | €3,154 | €2,103 | -€1,051 | -33.3% |
| Current assets | 29/58 | €126,413 | €125,714 | -€699 | -0.6% |
| Amounts receivable after more than one year | 29 | €124,880 | €124,880 | = | 0.0% |
| Other amounts receivable | 291 | €124,880 | €124,880 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,467 | €100 | -€1,367 | -93.2% |
| Other amounts receivable | 41 | €1,467 | €100 | -€1,367 | -93.2% |
| Cash at bank and in hand | 54/58 | €67 | €735 | +€668 | +994.8% |
| Total equity and liabilities | 10/49 | €129,567 | €127,817 | -€1,750 | -1.4% |
| Equity | 10/15 | €125,894 | €123,243 | -€2,651 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,434 | €102,783 | -€2,651 | -2.5% |
| Amounts payable | 17/49 | €3,673 | €4,574 | +€901 | +24.5% |
| Amounts payable within one year | 42/48 | €3,673 | €4,574 | +€901 | +24.5% |
| Trade debts | 44 | €2,033 | €2,840 | +€806 | +39.6% |
| Suppliers | 440/4 | €2,033 | €2,840 | +€806 | +39.6% |
| Other amounts payable | 47/48 | €1,640 | €1,734 | +€94 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,051 | €1,051 | = | 0.0% |
| Other operating charges | 640/8 | €447 | €243 | -€203 | -45.5% |
| Gross operating margin | 9900 | -€4,608 | -€1,206 | +€3,402 | +73.8% |
| Operating profit (loss) | 9901 | -€6,106 | -€2,501 | +€3,605 | +59.0% |
| Financial charges | 65/66B | €131 | €150 | +€19 | +14.7% |
| Recurring financial charges | 65 | €131 | €150 | +€19 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,237 | -€2,651 | +€3,586 | +57.5% |
| Profit (loss) for the period | 9904 | -€6,237 | -€2,651 | +€3,586 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,237 | -€2,651 | +€3,586 | +57.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.