TELECTRICITY: 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.
TELECTRICITY
Largest movements
- Receivables within one year +€11,277
up €11,277 (+21.0%), from €53,639 to €64,916
of which Trade receivables: +€10,401
- Cash -€11,020
down €11,020 (-21.1%), from €52,168 to €41,148
mainly Receivables within one year (-€11,277) and Tax, wage and social debts (-€7,443)
- Tangible fixed assets -€2,436
down €2,436 (-30.6%), from €7,970 to €5,534
of which Furniture and vehicles: -€2,586
- Trade debts +€15,474
up €15,474 (+158%), from €9,803 to €25,277
- Tax, wage and social debts -€7,443
down €7,443 (-65.1%), from €11,441 to €3,999
of which Taxes: -€7,184
- Other debts -€5,640
down €5,640 (-39.9%), from €14,152 to €8,512
- Profit (loss) carried forward -€4,853
down €4,853 (-8.7%), from €55,955 to €51,102
- Gross operating margin -€10,923
down €10,923 (-64.6%), from €16,907 to €5,984
- Other operating charges +€5,532
up €5,532 (+1,447%), from €382 to €5,914
- Taxes -€2,261
down €2,261 (-71.8%), from €3,149 to €888
- Financial charges -€1,200
down €1,200 (-93.7%), from €1,281 to €81
- Depreciation +€181
up €181 (+5.7%), from €3,158 to €3,338
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 | €114,781 | €112,603 | -€2,178 | -1.9% |
| Fixed assets | 21/28 | €8,975 | €6,539 | -€2,436 | -27.1% |
| Tangible fixed assets | 22/27 | €7,970 | €5,534 | -€2,436 | -30.6% |
| Plant, machinery and equipment | 23 | €2,060 | €2,210 | +€150 | +7.3% |
| Furniture and vehicles | 24 | €5,910 | €3,324 | -€2,586 | -43.8% |
| Financial fixed assets | 28 | €1,005 | €1,005 | = | 0.0% |
| Current assets | 29/58 | €105,807 | €106,064 | +€257 | +0.2% |
| Amounts receivable within one year | 40/41 | €53,639 | €64,916 | +€11,277 | +21.0% |
| Trade receivables | 40 | €52,567 | €62,968 | +€10,401 | +19.8% |
| Other amounts receivable | 41 | €1,072 | €1,948 | +€876 | +81.8% |
| Cash at bank and in hand | 54/58 | €52,168 | €41,148 | -€11,020 | -21.1% |
| Total equity and liabilities | 10/49 | €114,781 | €112,603 | -€2,178 | -1.9% |
| Equity | 10/15 | €79,385 | €74,532 | -€4,853 | -6.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €16,430 | €16,430 | = | 0.0% |
| Distributable reserves | 133 | €16,430 | €16,430 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,955 | €51,102 | -€4,853 | -8.7% |
| Amounts payable | 17/49 | €35,397 | €38,071 | +€2,675 | +7.6% |
| Amounts payable within one year | 42/48 | €35,397 | €38,071 | +€2,675 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | - | €284 | +€284 | |
| Trade debts | 44 | €9,803 | €25,277 | +€15,474 | +158% |
| Suppliers | 440/4 | €9,803 | €25,277 | +€15,474 | +158% |
| Taxes, remuneration and social security | 45 | €11,441 | €3,999 | -€7,443 | -65.1% |
| Taxes | 450/3 | €8,996 | €1,812 | -€7,184 | -79.9% |
| Remuneration and social security | 454/9 | €2,445 | €2,187 | -€259 | -10.6% |
| Other amounts payable | 47/48 | €14,152 | €8,512 | -€5,640 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,158 | €3,338 | +€181 | +5.7% |
| Other operating charges | 640/8 | €382 | €5,914 | +€5,532 | +1,447% |
| Gross operating margin | 9900 | €16,907 | €5,984 | -€10,923 | -64.6% |
| Operating profit (loss) | 9901 | €13,366 | -€3,269 | -€16,635 | |
| Financial income | 75/76B | €5 | €185 | +€180 | +3,679% |
| Recurring financial income | 75 | €5 | €185 | +€180 | +3,679% |
| Financial charges | 65/66B | €1,281 | €81 | -€1,200 | -93.7% |
| Recurring financial charges | 65 | €1,281 | €81 | -€1,200 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €12,090 | -€3,165 | -€15,255 | |
| Income taxes | 67/77 | €3,149 | €888 | -€2,261 | -71.8% |
| Profit (loss) for the period | 9904 | €8,941 | -€4,053 | -€12,994 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,941 | -€4,053 | -€12,994 |
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 16 October 2026 via checked.be.