TELEMAGIC: 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.
TELEMAGIC
Largest movements
- Receivables within one year -€12,692
down €12,692 (-16.1%), from €78,852 to €66,160
of which Trade receivables: -€12,504
- Cash +€6,495
up €6,495 (+7.7%), from €84,219 to €90,714
mainly Receivables within one year (+€12,692) and Tax, wage and social debts (+€1,350)
- Trade debts -€8,075
down €8,075 (-56.2%), from €14,365 to €6,290
- Taxes -€2,179
no longer reported in 2025 (was €2,179)
- Staff costs +€1,492
up €1,492 (+2.7%), from €55,339 to €56,831
- Financial charges +€1,200
up €1,200 (+84.0%), from €1,429 to €2,629
of which Financial charges: +€1,571
- Financial income -€626
down €626 (-29.1%), from €2,153 to €1,527
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 | €163,071 | €156,874 | -€6,197 | -3.8% |
| Current assets | 29/58 | €163,071 | €156,874 | -€6,197 | -3.8% |
| Amounts receivable within one year | 40/41 | €78,852 | €66,160 | -€12,692 | -16.1% |
| Trade receivables | 40 | €78,206 | €65,702 | -€12,504 | -16.0% |
| Other amounts receivable | 41 | €646 | €458 | -€188 | -29.1% |
| Cash at bank and in hand | 54/58 | €84,219 | €90,714 | +€6,495 | +7.7% |
| Total equity and liabilities | 10/49 | €163,071 | €156,874 | -€6,197 | -3.8% |
| Equity | 10/15 | €138,146 | €138,506 | +€360 | +0.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €12,395 | €12,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,804 | €2,164 | +€360 | +20.0% |
| Provisions and deferred taxes | 16 | €7,161 | €7,329 | +€168 | +2.3% |
| Provisions for liabilities and charges | 160/5 | €7,161 | €7,329 | +€168 | +2.3% |
| Pensions and similar obligations | 160 | - | €7,329 | +€7,329 | |
| Other liabilities and charges | 164/5 | €7,161 | - | -€7,161 | |
| Amounts payable | 17/49 | €17,764 | €11,039 | -€6,725 | -37.9% |
| Amounts payable within one year | 42/48 | €17,764 | €11,039 | -€6,725 | -37.9% |
| Trade debts | 44 | €14,365 | €6,290 | -€8,075 | -56.2% |
| Suppliers | 440/4 | €14,365 | €6,290 | -€8,075 | -56.2% |
| Taxes, remuneration and social security | 45 | €3,399 | €4,749 | +€1,350 | +39.7% |
| Taxes | 450/3 | €3,399 | €4,749 | +€1,350 | +39.7% |
| Remuneration, social security and pensions | 62 | €55,339 | €56,831 | +€1,492 | +2.7% |
| Other operating charges | 640/8 | €579 | €594 | +€15 | +2.6% |
| Gross operating margin | 9900 | €58,388 | €58,887 | +€499 | +0.9% |
| Operating profit (loss) | 9901 | €2,470 | €1,462 | -€1,008 | -40.8% |
| Financial income | 75/76B | €2,153 | €1,527 | -€626 | -29.1% |
| Recurring financial income | 75 | €2,153 | €1,527 | -€626 | -29.1% |
| Financial charges | 65/66B | €1,429 | €2,629 | +€1,200 | +84.0% |
| Recurring financial charges | 65 | €1,058 | €2,629 | +€1,571 | +148.5% |
| Non-recurring financial charges | 66B | €371 | - | -€371 | |
| Profit (loss) for the period before taxes | 9903 | €3,194 | €360 | -€2,834 | -88.7% |
| Income taxes | 67/77 | €2,179 | - | -€2,179 | |
| Profit (loss) for the period | 9904 | €1,015 | €360 | -€655 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,015 | €360 | -€655 | -64.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.