TELERAMAGE: 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.
TELERAMAGE
Largest movements
- Receivables after one year -€200,000
down €200,000 (-29.9%), from €670,000 to €470,000
- Cash +€163,389
up €163,389 (+117.5%), from €139,016 to €302,405
mainly Net result for the year (+€224,227) and Receivables after one year (+€200,000)
- Current investments -€100,000
down €100,000 (-16.8%), from €593,759 to €493,759
- Receivables within one year +€44,040
up €44,040 (+362.3%), from €12,157 to €56,197
- Tangible fixed assets -€21,246
down €21,246 (-21.2%), from €100,139 to €78,893
of which Furniture and vehicles: -€16,621
- Reserves -€305,652
down €305,652 (-32.3%), from €946,649 to €640,997
of which Distributable reserves: -€252,252
- Other debts +€180,294
up €180,294 (+55.8%), from €323,091 to €503,385
- Tax, wage and social debts +€43,068
up €43,068 (+157.2%), from €27,400 to €70,468
- Accrued charges and deferred income -€33,293
no longer reported in 2025 (was €33,293)
- Gross operating margin +€42,057
up €42,057 (+13.3%), from €315,775 to €357,832
- Taxes +€35,768
up €35,768 (+40.4%), from €88,548 to €124,316
- Financial charges -€33,643
down €33,643 (-99.6%), from €33,779 to €135
- Financial income -€6,172
down €6,172 (-28.5%), from €21,661 to €15,489
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 | €1,517,063 | €1,404,908 | -€112,155 | -7.4% |
| Fixed assets | 21/28 | €100,139 | €78,893 | -€21,246 | -21.2% |
| Tangible fixed assets | 22/27 | €100,139 | €78,893 | -€21,246 | -21.2% |
| Land and buildings | 22 | €27,439 | €23,213 | -€4,226 | -15.4% |
| Plant, machinery and equipment | 23 | €3,216 | €2,816 | -€400 | -12.4% |
| Furniture and vehicles | 24 | €68,449 | €51,829 | -€16,621 | -24.3% |
| Other tangible fixed assets | 26 | €1,035 | €1,035 | = | 0.0% |
| Current assets | 29/58 | €1,416,924 | €1,326,014 | -€90,910 | -6.4% |
| Amounts receivable after more than one year | 29 | €670,000 | €470,000 | -€200,000 | -29.9% |
| Other amounts receivable | 291 | €670,000 | €470,000 | -€200,000 | -29.9% |
| Amounts receivable within one year | 40/41 | €12,157 | €56,197 | +€44,040 | +362.3% |
| Other amounts receivable | 41 | €12,157 | €56,197 | +€44,040 | +362.3% |
| Current investments | 50/53 | €593,759 | €493,759 | -€100,000 | -16.8% |
| Cash at bank and in hand | 54/58 | €139,016 | €302,405 | +€163,389 | +117.5% |
| Deferred charges and accrued income | 490/1 | €1,992 | €3,653 | +€1,661 | +83.4% |
| Total equity and liabilities | 10/49 | €1,517,063 | €1,404,908 | -€112,155 | -7.4% |
| Equity | 10/15 | €1,132,649 | €826,997 | -€305,652 | -27.0% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €946,649 | €640,997 | -€305,652 | -32.3% |
| Tax-exempt reserves | 132 | €53,400 | - | -€53,400 | |
| Distributable reserves | 133 | €893,249 | €640,997 | -€252,252 | -28.2% |
| Amounts payable | 17/49 | €384,414 | €577,911 | +€193,497 | +50.3% |
| Amounts payable within one year | 42/48 | €351,122 | €577,911 | +€226,790 | +64.6% |
| Trade debts | 44 | €631 | €4,059 | +€3,427 | +542.9% |
| Suppliers | 440/4 | €631 | €4,059 | +€3,427 | +542.9% |
| Taxes, remuneration and social security | 45 | €27,400 | €70,468 | +€43,068 | +157.2% |
| Taxes | 450/3 | €27,400 | €70,468 | +€43,068 | +157.2% |
| Other amounts payable | 47/48 | €323,091 | €503,385 | +€180,294 | +55.8% |
| Accrued charges and deferred income | 492/3 | €33,293 | - | -€33,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,264 | €24,643 | -€2,621 | -9.6% |
| Gross operating margin | 9900 | €315,775 | €357,832 | +€42,057 | +13.3% |
| Operating profit (loss) | 9901 | €288,511 | €333,189 | +€44,678 | +15.5% |
| Financial income | 75/76B | €21,661 | €15,489 | -€6,172 | -28.5% |
| Recurring financial income | 75 | €21,661 | €15,489 | -€6,172 | -28.5% |
| Financial charges | 65/66B | €33,779 | €135 | -€33,643 | -99.6% |
| Recurring financial charges | 65 | €33,779 | €135 | -€33,643 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €276,394 | €348,542 | +€72,149 | +26.1% |
| Income taxes | 67/77 | €88,548 | €124,316 | +€35,768 | +40.4% |
| Profit (loss) for the period | 9904 | €187,846 | €224,227 | +€36,381 | +19.4% |
| Transfer from tax-exempt reserves | 789 | - | €53,400 | +€53,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €187,846 | €277,627 | +€89,781 | +47.8% |
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 1 October 2026 via checked.be.