TELEKOM PROJECT 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.
TELEKOM PROJECT SERVICES
Largest movements
- Receivables within one year -€495
down €495 (-54.8%), from €903 to €408
- Deferred charges and accrued income -€465
no longer reported in 2025 (was €465)
- Cash +€115
up €115 (+55.6%), from €207 to €322
mainly Other debts (+€3,297) and Advances received (+€605)
- Profit (loss) carried forward -€4,286
down €4,286 (-13.5%), from -€31,774 to -€36,060
- Other debts +€3,297
up €3,297 (+13.8%), from €23,822 to €27,119
- Advances received +€605
new in 2025: €605
- Trade debts -€516
down €516 (-97.9%), from €527 to €11
- Tax, wage and social debts +€55
up €55 (+3.9%), from €1,402 to €1,457
- Gross operating margin -€400
down €400 (-12.0%), from -€3,329 to -€3,729
- Other operating charges -€97
down €97 (-22.4%), from €434 to €337
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 | €1,575 | €730 | -€845 | -53.7% |
| Current assets | 29/58 | €1,575 | €730 | -€845 | -53.7% |
| Amounts receivable within one year | 40/41 | €903 | €408 | -€495 | -54.8% |
| Trade receivables | 40 | €903 | €408 | -€495 | -54.8% |
| Cash at bank and in hand | 54/58 | €207 | €322 | +€115 | +55.6% |
| Deferred charges and accrued income | 490/1 | €465 | - | -€465 | |
| Total equity and liabilities | 10/49 | €1,575 | €730 | -€845 | -53.7% |
| Equity | 10/15 | -€24,176 | -€28,462 | -€4,286 | -17.7% |
| Contributions | 10/11 | €6,223 | €6,223 | = | 0.0% |
| Reserves | 13 | €1,375 | €1,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,375 | €1,375 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,375 | €1,375 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,774 | -€36,060 | -€4,286 | -13.5% |
| Amounts payable | 17/49 | €25,751 | €29,192 | +€3,441 | +13.4% |
| Amounts payable within one year | 42/48 | €25,751 | €29,192 | +€3,441 | +13.4% |
| Trade debts | 44 | €527 | €11 | -€516 | -97.9% |
| Suppliers | 440/4 | €527 | €11 | -€516 | -97.9% |
| Advances received on contracts in progress | 46 | - | €605 | +€605 | |
| Taxes, remuneration and social security | 45 | €1,402 | €1,457 | +€55 | +3.9% |
| Taxes | 450/3 | €1,402 | €1,457 | +€55 | +3.9% |
| Other amounts payable | 47/48 | €23,822 | €27,119 | +€3,297 | +13.8% |
| Other operating charges | 640/8 | €434 | €337 | -€97 | -22.4% |
| Gross operating margin | 9900 | -€3,329 | -€3,729 | -€400 | -12.0% |
| Operating profit (loss) | 9901 | -€3,763 | -€4,066 | -€303 | -8.1% |
| Financial charges | 65/66B | €67 | €42 | -€25 | -37.3% |
| Recurring financial charges | 65 | €67 | €42 | -€25 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,830 | -€4,108 | -€278 | -7.3% |
| Income taxes | 67/77 | €169 | €178 | +€9 | +5.3% |
| Profit (loss) for the period | 9904 | -€3,999 | -€4,286 | -€287 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,999 | -€4,286 | -€287 | -7.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.