Teleconstruct: 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.
Teleconstruct
Largest movements
- Receivables within one year -€6,719
down €6,719 (-5.2%), from €129,711 to €122,993
of which Other amounts receivable: -€3,402
- Deferred charges and accrued income -€3,683
down €3,683 (-74.1%), from €4,973 to €1,290
- Tax, wage and social debts -€10,707
down €10,707 (-72.8%), from €14,714 to €4,007
of which Remuneration and social security: -€10,592
- Short-term financial debts -€1,493
down €1,493 (-1.1%), from €130,644 to €129,151
- Gross operating margin -€81,604
down €81,604 (-56.7%), from €143,852 to €62,248
- Staff costs -€56,876
down €56,876 (-52.7%), from €107,961 to €51,086
- Write-downs -€20,000
down €20,000 (-100.0%), from €20,000 to €0
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 | €136,771 | €126,174 | -€10,598 | -7.7% |
| Fixed assets | 21/28 | €2,034 | €1,883 | -€150 | -7.4% |
| Tangible fixed assets | 22/27 | €1,899 | €1,748 | -€150 | -7.9% |
| Plant, machinery and equipment | 23 | €910 | €1,748 | +€838 | +92.1% |
| Furniture and vehicles | 24 | €989 | €0 | -€989 | -100.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €134,738 | €124,291 | -€10,447 | -7.8% |
| Amounts receivable within one year | 40/41 | €129,711 | €122,993 | -€6,719 | -5.2% |
| Trade receivables | 40 | €122,369 | €119,053 | -€3,317 | -2.7% |
| Other amounts receivable | 41 | €7,342 | €3,940 | -€3,402 | -46.3% |
| Cash at bank and in hand | 54/58 | €53 | €8 | -€45 | -85.4% |
| Deferred charges and accrued income | 490/1 | €4,973 | €1,290 | -€3,683 | -74.1% |
| Total equity and liabilities | 10/49 | €136,771 | €126,174 | -€10,598 | -7.7% |
| Equity | 10/15 | -€34,535 | -€34,332 | +€203 | +0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,898 | €1,898 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,898 | €1,898 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,898 | €1,898 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,833 | -€48,630 | +€203 | +0.4% |
| Amounts payable | 17/49 | €171,307 | €160,506 | -€10,801 | -6.3% |
| Amounts payable within one year | 42/48 | €171,198 | €160,283 | -€10,915 | -6.4% |
| Financial debts | 43 | €130,644 | €129,151 | -€1,493 | -1.1% |
| Credit institutions | 430/8 | €130,644 | €129,151 | -€1,493 | -1.1% |
| Trade debts | 44 | €25,840 | €27,125 | +€1,285 | +5.0% |
| Suppliers | 440/4 | €25,840 | €27,125 | +€1,285 | +5.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,714 | €4,007 | -€10,707 | -72.8% |
| Taxes | 450/3 | €517 | €403 | -€115 | -22.2% |
| Remuneration and social security | 454/9 | €14,197 | €3,605 | -€10,592 | -74.6% |
| Accrued charges and deferred income | 492/3 | €108 | €223 | +€114 | +105.4% |
| Remuneration, social security and pensions | 62 | €107,961 | €51,086 | -€56,876 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,234 | €1,829 | -€1,405 | -43.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,000 | €0 | -€20,000 | -100.0% |
| Other operating charges | 640/8 | €551 | €880 | +€329 | +59.7% |
| Gross operating margin | 9900 | €143,852 | €62,248 | -€81,604 | -56.7% |
| Operating profit (loss) | 9901 | €12,105 | €8,453 | -€3,653 | -30.2% |
| Financial income | 75/76B | €15 | €33 | +€18 | +120.0% |
| Recurring financial income | 75 | €15 | €33 | +€18 | +120.0% |
| Financial charges | 65/66B | €8,185 | €8,282 | +€97 | +1.2% |
| Recurring financial charges | 65 | €8,185 | €8,282 | +€97 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €3,935 | €203 | -€3,732 | -94.8% |
| Income taxes | 67/77 | €6 | €0 | -€6 | -100.0% |
| Profit (loss) for the period | 9904 | €3,929 | €203 | -€3,726 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,929 | €203 | -€3,726 | -94.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.