TELEPORT: 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.
TELEPORT
Largest movements
- Receivables within one year +€26,998
up €26,998 (+41.8%), from €64,588 to €91,586
of which Other amounts receivable: +€13,993
- Cash +€9,337
up €9,337 (+13.3%), from €70,040 to €79,377
mainly Net result for the year (+€32,077) and Stocks and contracts (+€2,227)
- Stocks and contracts -€2,227
no longer reported in 2025 (was €2,227)
- Deferred charges and accrued income -€1,904
down €1,904 (-23.5%), from €8,105 to €6,201
- Reserves +€32,077
up €32,077 (+35.6%), from €90,218 to €122,295
- Trade debts -€2,368
down €2,368 (-75.1%), from €3,154 to €785
- Gross operating margin +€5,717
up €5,717 (+12.6%), from €45,295 to €51,012
- Taxes +€1,376
up €1,376 (+8.7%), from €15,827 to €17,203
- Other operating charges +€812
up €812 (+688%), from €118 to €930
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 | €146,258 | €177,691 | +€31,433 | +21.5% |
| Fixed assets | 21/28 | €1,298 | €528 | -€770 | -59.3% |
| Tangible fixed assets | 22/27 | €1,298 | €528 | -€770 | -59.3% |
| Plant, machinery and equipment | 23 | €1,298 | €528 | -€770 | -59.3% |
| Current assets | 29/58 | €144,960 | €177,164 | +€32,203 | +22.2% |
| Stocks and contracts in progress | 3 | €2,227 | - | -€2,227 | |
| Stocks | 30/36 | €2,227 | - | -€2,227 | |
| Amounts receivable within one year | 40/41 | €64,588 | €91,586 | +€26,998 | +41.8% |
| Trade receivables | 40 | €58,123 | €71,127 | +€13,004 | +22.4% |
| Other amounts receivable | 41 | €6,466 | €20,459 | +€13,993 | +216% |
| Cash at bank and in hand | 54/58 | €70,040 | €79,377 | +€9,337 | +13.3% |
| Deferred charges and accrued income | 490/1 | €8,105 | €6,201 | -€1,904 | -23.5% |
| Total equity and liabilities | 10/49 | €146,258 | €177,691 | +€31,433 | +21.5% |
| Equity | 10/15 | €135,303 | €167,380 | +€32,077 | +23.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,218 | €122,295 | +€32,077 | +35.6% |
| Distributable reserves | 133 | €90,218 | €122,295 | +€32,077 | +35.6% |
| Profit (loss) carried forward | 14 | €38,885 | €38,885 | = | 0.0% |
| Amounts payable | 17/49 | €10,956 | €10,312 | -€644 | -5.9% |
| Amounts payable within one year | 42/48 | €10,956 | €10,312 | -€644 | -5.9% |
| Trade debts | 44 | €3,154 | €785 | -€2,368 | -75.1% |
| Suppliers | 440/4 | €3,154 | €785 | -€2,368 | -75.1% |
| Taxes, remuneration and social security | 45 | €7,802 | €9,526 | +€1,724 | +22.1% |
| Taxes | 450/3 | €7,802 | €9,526 | +€1,724 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €770 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €930 | +€812 | +688% |
| Gross operating margin | 9900 | €45,295 | €51,012 | +€5,717 | +12.6% |
| Operating profit (loss) | 9901 | €44,407 | €49,312 | +€4,905 | +11.0% |
| Financial income | 75/76B | - | €367 | +€367 | |
| Recurring financial income | 75 | - | €367 | +€367 | |
| Financial charges | 65/66B | €34 | €399 | +€365 | +1,075% |
| Recurring financial charges | 65 | €34 | €399 | +€365 | +1,075% |
| Profit (loss) for the period before taxes | 9903 | €44,373 | €49,280 | +€4,907 | +11.1% |
| Income taxes | 67/77 | €15,827 | €17,203 | +€1,376 | +8.7% |
| Profit (loss) for the period | 9904 | €28,545 | €32,077 | +€3,532 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,545 | €32,077 | +€3,532 | +12.4% |
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 14 October 2026 via checked.be.