TELEPRINCE: 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.
TELEPRINCE
Largest movements
- Receivables within one year +€339,057
up €339,057 (+173%), from €195,835 to €534,892
of which Trade receivables: +€388,080
- Tangible fixed assets -€59,794
down €59,794 (-21.4%), from €279,483 to €219,689
of which Furniture and vehicles: -€59,643
- Stocks and contracts -€38,228
down €38,228 (-3.4%), from €1.1m to €1.1m
- Other debts +€137,000
up €137,000 (+16.3%), from €842,577 to €979,577
- Trade debts +€124,052
up €124,052 (+106%), from €117,365 to €241,417
- Debts after one year -€73,992
down €73,992 (-42.4%), from €174,669 to €100,677
- Tax, wage and social debts +€60,923
up €60,923 (+212%), from €28,741 to €89,664
of which Taxes: +€50,603
- Reserves -€27,941
down €27,941 (-4.5%), from €621,486 to €593,545
of which Tax-exempt reserves: -€27,941
- Gross operating margin +€262,675
up €262,675 (+1,271%), from €20,661 to €283,336
- Staff costs +€71,290
up €71,290 (+53.7%), from €132,795 to €204,085
- Financial income -€7,758
down €7,758 (-30.3%), from €25,624 to €17,867
- Other operating charges -€5,459
down €5,459 (-58.8%), from €9,287 to €3,828
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 | €1,785,977 | €2,030,012 | +€244,035 | +13.7% |
| Fixed assets | 21/28 | €406,476 | €349,452 | -€57,024 | -14.0% |
| Intangible fixed assets | 21 | €42,393 | €36,163 | -€6,230 | -14.7% |
| Tangible fixed assets | 22/27 | €279,483 | €219,689 | -€59,794 | -21.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €109,389 | €109,238 | -€151 | -0.1% |
| Furniture and vehicles | 24 | €170,094 | €110,451 | -€59,643 | -35.1% |
| Financial fixed assets | 28 | €84,600 | €93,600 | +€9,000 | +10.6% |
| Current assets | 29/58 | €1,379,502 | €1,680,560 | +€301,058 | +21.8% |
| Stocks and contracts in progress | 3 | €1,111,943 | €1,073,715 | -€38,228 | -3.4% |
| Stocks | 30/36 | €1,111,943 | €1,073,715 | -€38,228 | -3.4% |
| Amounts receivable within one year | 40/41 | €195,835 | €534,892 | +€339,057 | +173% |
| Trade receivables | 40 | €141,812 | €529,892 | +€388,080 | +274% |
| Other amounts receivable | 41 | €54,023 | €5,000 | -€49,023 | -90.7% |
| Cash at bank and in hand | 54/58 | €59,890 | €61,095 | +€1,205 | +2.0% |
| Deferred charges and accrued income | 490/1 | €11,834 | €10,858 | -€976 | -8.2% |
| Total equity and liabilities | 10/49 | €1,785,977 | €2,030,012 | +€244,035 | +13.7% |
| Equity | 10/15 | €533,107 | €525,714 | -€7,393 | -1.4% |
| Contributions | 10/11 | €61,670 | €61,670 | -€0 | 0.0% |
| Capital | 10 | €61,670 | €61,670 | -€0 | 0.0% |
| Issued capital | 100 | €61,670 | €61,670 | -€0 | 0.0% |
| Reserves | 13 | €621,486 | €593,545 | -€27,941 | -4.5% |
| Non-distributable reserves | 130/1 | €30,116 | €30,116 | +€0 | 0.0% |
| Legal reserve | 130 | €28,710 | €28,710 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,406 | €1,406 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €203,690 | €175,749 | -€27,941 | -13.7% |
| Distributable reserves | 133 | €387,680 | €387,680 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€150,048 | -€129,500 | +€20,548 | +13.7% |
| Amounts payable | 17/49 | €1,252,870 | €1,504,298 | +€251,428 | +20.1% |
| Amounts payable after more than one year | 17 | €174,669 | €100,677 | -€73,992 | -42.4% |
| Financial debts | 170/4 | €174,669 | €100,677 | -€73,992 | -42.4% |
| Amounts payable within one year | 42/48 | €1,076,585 | €1,397,156 | +€320,571 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €87,902 | €73,992 | -€13,910 | -15.8% |
| Financial debts | 43 | - | €8,481 | +€8,481 | |
| Credit institutions | 430/8 | - | €8,481 | +€8,481 | |
| Trade debts | 44 | €117,365 | €241,417 | +€124,052 | +106% |
| Suppliers | 440/4 | €117,365 | €241,417 | +€124,052 | +106% |
| Advances received on contracts in progress | 46 | €0 | €4,024 | +€4,024 | |
| Taxes, remuneration and social security | 45 | €28,741 | €89,664 | +€60,923 | +212% |
| Taxes | 450/3 | €910 | €51,513 | +€50,603 | +5,561% |
| Remuneration and social security | 454/9 | €27,831 | €38,151 | +€10,320 | +37.1% |
| Other amounts payable | 47/48 | €842,577 | €979,577 | +€137,000 | +16.3% |
| Accrued charges and deferred income | 492/3 | €1,616 | €6,465 | +€4,849 | +300% |
| Remuneration, social security and pensions | 62 | €132,795 | €204,085 | +€71,290 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,791 | €87,553 | -€238 | -0.3% |
| Other operating charges | 640/8 | €9,287 | €3,828 | -€5,459 | -58.8% |
| Gross operating margin | 9900 | €20,661 | €283,336 | +€262,675 | +1,271% |
| Operating profit (loss) | 9901 | -€209,212 | -€12,130 | +€197,082 | +94.2% |
| Financial income | 75/76B | €25,624 | €17,867 | -€7,758 | -30.3% |
| Recurring financial income | 75 | €25,624 | €17,867 | -€7,758 | -30.3% |
| Financial charges | 65/66B | €13,887 | €12,058 | -€1,829 | -13.2% |
| Recurring financial charges | 65 | €13,887 | €12,058 | -€1,829 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€197,475 | -€6,321 | +€191,154 | +96.8% |
| Income taxes | 67/77 | €978 | €1,072 | +€94 | +9.6% |
| Profit (loss) for the period | 9904 | -€198,453 | -€7,393 | +€191,060 | +96.3% |
| Transfer from tax-exempt reserves | 789 | - | €27,941 | +€27,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€198,453 | €20,548 | +€219,001 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.