TELEMECO: 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.
TELEMECO
Largest movements
- Cash -€29,867
down €29,867 (-56.4%), from €52,913 to €23,047
mainly Net result for the year (-€24,992) and Receivables within one year (-€14,005)
- Receivables within one year +€14,005
up €14,005 (+20.7%), from €67,672 to €81,677
of which Trade receivables: +€15,190
- Current investments -€5,550
down €5,550 (-1.9%), from €294,994 to €289,444
- Profit (loss) carried forward -€24,992
down €24,992 (-15.4%), from €162,083 to €137,091
- Tax, wage and social debts +€4,614
up €4,614 (+53.3%), from €8,665 to €13,279
of which Taxes: +€4,579
- Staff costs +€6,056
up €6,056 (+6.0%), from €101,293 to €107,350
- Purchases and services +€1,852
up €1,852 (+19.5%), from €9,475 to €11,326
- Turnover +€1,500
up €1,500 (+1.7%), from €89,500 to €91,000
- Financial income +€1,181
up €1,181 (+76.1%), from €1,551 to €2,731
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 | €415,648 | €394,236 | -€21,412 | -5.2% |
| Fixed assets | 21/28 | €68 | €68 | = | 0.0% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €415,580 | €394,168 | -€21,412 | -5.2% |
| Amounts receivable within one year | 40/41 | €67,672 | €81,677 | +€14,005 | +20.7% |
| Trade receivables | 40 | €65,880 | €81,070 | +€15,190 | +23.1% |
| Other amounts receivable | 41 | €1,792 | €607 | -€1,185 | -66.1% |
| Current investments | 50/53 | €294,994 | €289,444 | -€5,550 | -1.9% |
| Cash at bank and in hand | 54/58 | €52,913 | €23,047 | -€29,867 | -56.4% |
| Total equity and liabilities | 10/49 | €415,648 | €394,236 | -€21,412 | -5.2% |
| Equity | 10/15 | €392,396 | €367,404 | -€24,992 | -6.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €130,313 | €130,313 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €120,313 | €120,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,083 | €137,091 | -€24,992 | -15.4% |
| Amounts payable | 17/49 | €23,252 | €26,832 | +€3,580 | +15.4% |
| Amounts payable within one year | 42/48 | €23,252 | €26,832 | +€3,580 | +15.4% |
| Trade debts | 44 | €14,587 | €13,552 | -€1,034 | -7.1% |
| Suppliers | 440/4 | €14,587 | €13,552 | -€1,034 | -7.1% |
| Taxes, remuneration and social security | 45 | €8,665 | €13,279 | +€4,614 | +53.3% |
| Taxes | 450/3 | - | €4,579 | +€4,579 | |
| Remuneration and social security | 454/9 | €8,665 | €8,700 | +€35 | +0.4% |
| Turnover | 70 | €89,500 | €91,000 | +€1,500 | +1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,475 | €11,326 | +€1,852 | +19.5% |
| Remuneration, social security and pensions | 62 | €101,293 | €107,350 | +€6,056 | +6.0% |
| Gross operating margin | 9900 | €80,025 | €79,674 | -€352 | -0.4% |
| Operating profit (loss) | 9901 | -€21,268 | -€27,676 | -€6,408 | -30.1% |
| Financial income | 75/76B | €1,551 | €2,731 | +€1,181 | +76.1% |
| Recurring financial income | 75 | €1,551 | €2,731 | +€1,181 | +76.1% |
| Financial charges | 65/66B | €48 | €47 | -€0 | -1.0% |
| Recurring financial charges | 65 | €48 | €47 | -€0 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,765 | -€24,992 | -€5,227 | -26.4% |
| Profit (loss) for the period | 9904 | -€19,765 | -€24,992 | -€5,227 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,765 | -€24,992 | -€5,227 | -26.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.