TELEREP: 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.
TELEREP
Largest movements
- Cash -€3,013
down €3,013 (-16.1%), from €18,771 to €15,758
mainly Net result for the year (-€2,778) and Trade debts (-€259)
- Receivables within one year -€265
down €265 (-75.9%), from €349 to €84
of which Trade receivables: -€195
- Profit (loss) carried forward -€2,778
down €2,778 (-20.1%), from -€13,846 to -€16,624
- Trade debts -€259
no longer reported in 2025 (was €259)
- Gross operating margin -€7,547
down €7,547, from €5,346 to -€2,201
- Other operating charges +€101
up €101 (+29.5%), from €341 to €442
- Financial income -€60
down €60 (-95.2%), from €63 to €3
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 | €20,771 | €17,492 | -€3,279 | -15.8% |
| Current assets | 29/58 | €20,771 | €17,492 | -€3,279 | -15.8% |
| Stocks and contracts in progress | 3 | €1,650 | €1,650 | -€0 | 0.0% |
| Stocks | 30/36 | €1,650 | €1,650 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €349 | €84 | -€265 | -75.9% |
| Trade receivables | 40 | €195 | - | -€195 | |
| Other amounts receivable | 41 | €155 | €84 | -€71 | -45.7% |
| Cash at bank and in hand | 54/58 | €18,771 | €15,758 | -€3,013 | -16.1% |
| Total equity and liabilities | 10/49 | €20,771 | €17,492 | -€3,279 | -15.8% |
| Equity | 10/15 | €17,662 | €14,884 | -€2,778 | -15.7% |
| Contributions | 10/11 | €30,987 | €30,987 | +€0 | 0.0% |
| Capital | 10 | €30,987 | €30,987 | +€0 | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | +€0 | 0.0% |
| Reserves | 13 | €521 | €521 | +€0 | +0.1% |
| Non-distributable reserves | 130/1 | €521 | €521 | +€0 | +0.1% |
| Legal reserve | 130 | €521 | €521 | +€0 | +0.1% |
| Profit (loss) carried forward | 14 | -€13,846 | -€16,624 | -€2,778 | -20.1% |
| Amounts payable | 17/49 | €3,109 | €2,608 | -€501 | -16.1% |
| Amounts payable within one year | 42/48 | €3,109 | €2,608 | -€501 | -16.1% |
| Trade debts | 44 | €259 | - | -€259 | |
| Suppliers | 440/4 | €259 | - | -€259 | |
| Taxes, remuneration and social security | 45 | €73 | - | -€73 | |
| Taxes | 450/3 | €73 | - | -€73 | |
| Other amounts payable | 47/48 | €2,777 | €2,608 | -€169 | -6.1% |
| Other operating charges | 640/8 | €341 | €442 | +€101 | +29.5% |
| Gross operating margin | 9900 | €5,346 | -€2,201 | -€7,547 | |
| Operating profit (loss) | 9901 | €5,004 | -€2,643 | -€7,647 | |
| Financial income | 75/76B | €63 | €3 | -€60 | -95.2% |
| Recurring financial income | 75 | €63 | €3 | -€60 | -95.2% |
| Financial charges | 65/66B | €148 | €139 | -€9 | -6.4% |
| Recurring financial charges | 65 | €148 | €139 | -€9 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €4,919 | -€2,779 | -€7,698 | |
| Income taxes | 67/77 | - | -€1 | -€1 | |
| Profit (loss) for the period | 9904 | €4,919 | -€2,778 | -€7,697 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,919 | -€2,778 | -€7,697 |
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 18 October 2026 via checked.be.