Teleconnect Solutions: 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.
Teleconnect Solutions
Largest movements
- Cash +€6,247
up €6,247 (+82.8%), from €7,547 to €13,794
mainly Trade debts (+€4,242) and Receivables within one year (+€2,967)
- Receivables within one year -€2,967
down €2,967 (-13.4%), from €22,158 to €19,190
of which Trade receivables: -€8,841
- Deferred charges and accrued income +€492
new in 2025: €492
- Trade debts +€4,242
up €4,242 (+266%), from €1,598 to €5,840
- Reserves +€2,047
up €2,047 (+125%), from €1,637 to €3,684
- Other debts -€1,715
down €1,715 (-14.9%), from €11,535 to €9,820
- Tax, wage and social debts -€804
down €804 (-6.5%), from €12,436 to €11,632
of which Remuneration and social security: -€2,700
- Gross operating margin +€698
up €698 (+29.1%), from €2,400 to €3,098
- Taxes +€139
up €139 (+19.5%), from €712 to €851
- Other operating charges +€124
new in 2025: €124
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 | €29,705 | €33,476 | +€3,771 | +12.7% |
| Current assets | 29/58 | €29,705 | €33,476 | +€3,771 | +12.7% |
| Amounts receivable within one year | 40/41 | €22,158 | €19,190 | -€2,967 | -13.4% |
| Trade receivables | 40 | €22,158 | €13,317 | -€8,841 | -39.9% |
| Other amounts receivable | 41 | - | €5,874 | +€5,874 | |
| Cash at bank and in hand | 54/58 | €7,547 | €13,794 | +€6,247 | +82.8% |
| Deferred charges and accrued income | 490/1 | - | €492 | +€492 | |
| Total equity and liabilities | 10/49 | €29,705 | €33,476 | +€3,771 | +12.7% |
| Equity | 10/15 | €4,137 | €6,184 | +€2,047 | +49.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,637 | €3,684 | +€2,047 | +125% |
| Distributable reserves | 133 | €1,637 | €3,684 | +€2,047 | +125% |
| Amounts payable | 17/49 | €25,568 | €27,292 | +€1,724 | +6.7% |
| Amounts payable within one year | 42/48 | €25,568 | €27,292 | +€1,724 | +6.7% |
| Trade debts | 44 | €1,598 | €5,840 | +€4,242 | +266% |
| Suppliers | 440/4 | €1,598 | €5,840 | +€4,242 | +266% |
| Taxes, remuneration and social security | 45 | €12,436 | €11,632 | -€804 | -6.5% |
| Taxes | 450/3 | €4,336 | €6,232 | +€1,896 | +43.7% |
| Remuneration and social security | 454/9 | €8,100 | €5,400 | -€2,700 | -33.3% |
| Other amounts payable | 47/48 | €11,535 | €9,820 | -€1,715 | -14.9% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | €2,400 | €3,098 | +€698 | +29.1% |
| Operating profit (loss) | 9901 | €2,400 | €2,974 | +€574 | +23.9% |
| Financial charges | 65/66B | €51 | €76 | +€25 | +48.9% |
| Recurring financial charges | 65 | €51 | €76 | +€25 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €2,349 | €2,898 | +€549 | +23.4% |
| Income taxes | 67/77 | €712 | €851 | +€139 | +19.5% |
| Profit (loss) for the period | 9904 | €1,637 | €2,047 | +€411 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,637 | €2,047 | +€411 | +25.1% |
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 18 October 2026 via checked.be.