TELES SOUSA: 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.
What changed
TELES SOUSA
NACE 43.230, Insulation installation
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€50,698
2023 · €36,654+€14,044
Equity
€366,553
2023 · €315,855+€50,698
Cash
€14,553
2023 · €6,075+€8,478
Balance sheet total
€761,305
2023 · €651,960+€109,345
Largest movements
Assets
- Receivables within one year +€103,744
up €103,744 (+18.7%), from €553,706 to €657,450
of which Trade receivables: +€90,757
- Cash +€8,478
up €8,478 (+140%), from €6,075 to €14,553
mainly Trade debts (+€66,658) and Net result for the year (+€50,698)
Equity and liabilities
- Trade debts +€66,658
up €66,658 (+26.9%), from €248,222 to €314,880
- Profit (loss) carried forward +€50,698
up €50,698 (+20.2%), from €251,460 to €302,158
Income statement
- Gross operating margin +€21,607
up €21,607 (+21.5%), from €100,548 to €122,155
- Taxes +€3,898
up €3,898 (+30.4%), from €12,806 to €16,704
- Depreciation +€2,239
up €2,239 (+17.1%), from €13,113 to €15,352
- Other operating charges +€2,122
up €2,122 (+60.6%), from €3,504 to €5,626
From the 2023 result to the 2024 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.
Result 2023
€36,654
Gross operating margin
+€21,607
Staff costs
-€297
Depreciation
-€2,239
Other operating charges
-€2,122
Other operating items
+€250
Financial income
+€102
Financial charges
+€640
Taxes
-€3,898
Result 2024
€50,698
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€37,004
Investment
-€16,286
Financing
-€12,240
Cash 2023
€6,075
From operations (derived)
+€37,004
Net result for the year
+€50,698
Depreciation
+€15,352
Stocks and contracts
+€3,400
Receivables within one year
-€103,744
Deferred charges and accrued income
+€411
Trade debts
+€66,658
Tax, wage and social debts
+€5,190
Accrued charges and deferred income
-€961
Investment (derived)
-€16,286
Investment in fixed assets (net)
-€16,286
Financing
-€12,240
Debts after one year
-€4,009
Current portion of long-term debt
-€5,375
Short-term financial debts
-€2,856
Cash 2024
€14,553
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €651,960 | €761,305 | +€109,345 | +16.8% |
| Fixed assets | 21/28 | €46,476 | €47,410 | +€934 | +2.0% |
| Tangible fixed assets | 22/27 | €29,976 | €30,910 | +€934 | +3.1% |
| Plant, machinery and equipment | 23 | €1,452 | €11,292 | +€9,840 | +678% |
| Furniture and vehicles | 24 | €26,737 | €18,837 | -€7,900 | -29.5% |
| Leasing and similar rights | 25 | €1,787 | €781 | -€1,006 | -56.3% |
| Financial fixed assets | 28 | €16,500 | €16,500 | = | 0.0% |
| Current assets | 29/58 | €605,484 | €713,895 | +€108,411 | +17.9% |
| Stocks and contracts in progress | 3 | €31,200 | €27,800 | -€3,400 | -10.9% |
| Stocks | 30/36 | €31,200 | €27,800 | -€3,400 | -10.9% |
| Amounts receivable within one year | 40/41 | €553,706 | €657,450 | +€103,744 | +18.7% |
| Trade receivables | 40 | €510,909 | €601,666 | +€90,757 | +17.8% |
| Other amounts receivable | 41 | €42,797 | €55,784 | +€12,987 | +30.3% |
| Cash at bank and in hand | 54/58 | €6,075 | €14,553 | +€8,478 | +140% |
| Deferred charges and accrued income | 490/1 | €14,503 | €14,092 | -€411 | -2.8% |
| Total equity and liabilities | 10/49 | €651,960 | €761,305 | +€109,345 | +16.8% |
| Equity | 10/15 | €315,855 | €366,553 | +€50,698 | +16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,195 | €58,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,335 | €56,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,460 | €302,158 | +€50,698 | +20.2% |
| Amounts payable | 17/49 | €336,105 | €394,752 | +€58,647 | +17.4% |
| Amounts payable after more than one year | 17 | €4,009 | - | -€4,009 | |
| Financial debts | 170/4 | €4,009 | - | -€4,009 | |
| Amounts payable within one year | 42/48 | €331,135 | €394,752 | +€63,617 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €9,384 | €4,009 | -€5,375 | -57.3% |
| Financial debts | 43 | €48,697 | €45,840 | -€2,856 | -5.9% |
| Credit institutions | 430/8 | €48,697 | €45,840 | -€2,856 | -5.9% |
| Trade debts | 44 | €248,222 | €314,880 | +€66,658 | +26.9% |
| Suppliers | 440/4 | €248,222 | €314,880 | +€66,658 | +26.9% |
| Taxes, remuneration and social security | 45 | €24,833 | €30,023 | +€5,190 | +20.9% |
| Taxes | 450/3 | €5,968 | €9,905 | +€3,938 | +66.0% |
| Remuneration and social security | 454/9 | €18,866 | €20,118 | +€1,252 | +6.6% |
| Accrued charges and deferred income | 492/3 | €961 | - | -€961 | |
| Non-recurring operating income | 76A | €1,771 | €831 | -€940 | -53.1% |
| Remuneration, social security and pensions | 62 | €28,599 | €28,896 | +€297 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,113 | €15,352 | +€2,239 | +17.1% |
| Other operating charges | 640/8 | €3,504 | €5,626 | +€2,122 | +60.6% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €100,548 | €122,155 | +€21,607 | +21.5% |
| Operating profit (loss) | 9901 | €55,081 | €72,281 | +€17,200 | +31.2% |
| Financial income | 75/76B | €13 | €115 | +€102 | +807% |
| Recurring financial income | 75 | €13 | €115 | +€102 | +807% |
| Financial charges | 65/66B | €5,634 | €4,994 | -€640 | -11.4% |
| Recurring financial charges | 65 | €5,634 | €4,994 | -€640 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €49,460 | €67,402 | +€17,942 | +36.3% |
| Income taxes | 67/77 | €12,806 | €16,704 | +€3,898 | +30.4% |
| Profit (loss) for the period | 9904 | €36,654 | €50,698 | +€14,044 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,654 | €50,698 | +€14,044 | +38.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.