TELEMANS CHAUFFAGE: 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.
TELEMANS CHAUFFAGE
Largest movements
- Cash +€12,161
up €12,161 (+60.0%), from €20,253 to €32,414
mainly Net result for the year (+€31,673) and Depreciation (+€12,012)
- Tangible fixed assets -€10,206
down €10,206 (-38.7%), from €26,350 to €16,144
of which Furniture and vehicles: -€11,419
- Profit (loss) carried forward +€19,173
up €19,173 (+40.0%), from €47,929 to €67,102
- Debts after one year -€8,899
no longer reported in 2025 (was €8,899)
- Tax, wage and social debts -€4,377
down €4,377 (-24.3%), from €18,002 to €13,625
of which Taxes: -€5,020
- Trade debts -€2,374
down €2,374 (-7.9%), from €30,131 to €27,757
- Staff costs -€16,277
down €16,277 (-58.0%), from €28,079 to €11,802
- Taxes +€4,330
up €4,330 (+93.3%), from €4,642 to €8,972
- Other operating charges -€3,391
down €3,391 (-80.2%), from €4,230 to €839
- Gross operating margin +€2,000
up €2,000 (+3.1%), from €64,080 to €66,080
- Financial income -€1,441
down €1,441 (-97.1%), from €1,484 to €43
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 | €130,807 | €133,882 | +€3,075 | +2.4% |
| Fixed assets | 21/28 | €26,350 | €16,144 | -€10,206 | -38.7% |
| Tangible fixed assets | 22/27 | €26,350 | €16,144 | -€10,206 | -38.7% |
| Plant, machinery and equipment | 23 | €781 | €1,994 | +€1,213 | +155% |
| Furniture and vehicles | 24 | €25,568 | €14,150 | -€11,419 | -44.7% |
| Current assets | 29/58 | €104,457 | €117,738 | +€13,281 | +12.7% |
| Amounts receivable within one year | 40/41 | €83,875 | €84,587 | +€711 | +0.8% |
| Trade receivables | 40 | €38,378 | €50,367 | +€11,989 | +31.2% |
| Other amounts receivable | 41 | €45,497 | €34,219 | -€11,278 | -24.8% |
| Cash at bank and in hand | 54/58 | €20,253 | €32,414 | +€12,161 | +60.0% |
| Deferred charges and accrued income | 490/1 | €329 | €738 | +€408 | +124% |
| Total equity and liabilities | 10/49 | €130,807 | €133,882 | +€3,075 | +2.4% |
| Equity | 10/15 | €51,929 | €71,102 | +€19,173 | +36.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,929 | €67,102 | +€19,173 | +40.0% |
| Amounts payable | 17/49 | €78,878 | €62,780 | -€16,098 | -20.4% |
| Amounts payable after more than one year | 17 | €8,899 | - | -€8,899 | |
| Financial debts | 170/4 | €8,899 | - | -€8,899 | |
| Amounts payable within one year | 42/48 | €69,980 | €62,780 | -€7,200 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €9,347 | €8,899 | -€449 | -4.8% |
| Trade debts | 44 | €30,131 | €27,757 | -€2,374 | -7.9% |
| Suppliers | 440/4 | €30,131 | €27,757 | -€2,374 | -7.9% |
| Taxes, remuneration and social security | 45 | €18,002 | €13,625 | -€4,377 | -24.3% |
| Taxes | 450/3 | €12,633 | €7,614 | -€5,020 | -39.7% |
| Remuneration and social security | 454/9 | €5,368 | €6,011 | +€643 | +12.0% |
| Other amounts payable | 47/48 | €12,500 | €12,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €28,079 | €11,802 | -€16,277 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,705 | €12,012 | +€307 | +2.6% |
| Other operating charges | 640/8 | €4,230 | €839 | -€3,391 | -80.2% |
| Gross operating margin | 9900 | €64,080 | €66,080 | +€2,000 | +3.1% |
| Operating profit (loss) | 9901 | €20,066 | €41,428 | +€21,361 | +106% |
| Financial income | 75/76B | €1,484 | €43 | -€1,441 | -97.1% |
| Recurring financial income | 75 | €1,484 | €43 | -€1,441 | -97.1% |
| Financial charges | 65/66B | €1,768 | €826 | -€942 | -53.3% |
| Recurring financial charges | 65 | €1,768 | €826 | -€942 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €19,782 | €40,645 | +€20,863 | +105% |
| Income taxes | 67/77 | €4,642 | €8,972 | +€4,330 | +93.3% |
| Profit (loss) for the period | 9904 | €15,140 | €31,673 | +€16,533 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €15,140 | €31,673 | +€16,533 | +109% |
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 21 October 2026 via checked.be.