TELESON COMPONENTS: 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.
TELESON COMPONENTS
Largest movements
- Receivables within one year -€138,289
down €138,289 (-34.0%), from €407,309 to €269,020
of which Trade receivables: -€124,676
- Tangible fixed assets -€75,247
down €75,247 (-19.6%), from €383,261 to €308,014
of which Furniture and vehicles: -€46,328
- Stocks and contracts -€38,628
down €38,628 (-10.4%), from €372,191 to €333,562
- Cash +€23,993
up €23,993 (+32.0%), from €74,876 to €98,870
mainly Receivables within one year (+€138,289) and Investment in fixed assets (net) (+€45,661)
- Profit (loss) carried forward -€120,899
down €120,899 (-55.4%), from €218,261 to €97,362
- Trade debts -€35,466
down €35,466 (-15.4%), from €230,512 to €195,046
- Other debts -€34,515
down €34,515 (-49.3%), from €70,000 to €35,485
- Debts after one year -€30,608
down €30,608 (-12.5%), from €243,973 to €213,365
- Gross operating margin -€88,539
down €88,539 (-35.2%), from €251,273 to €162,733
- Financial charges -€14,269
down €14,269 (-37.7%), from €37,895 to €23,625
- Write-downs -€11,976
no longer reported in 2025 (was €11,976)
- Other operating charges +€7,895
up €7,895 (+25.8%), from €30,643 to €38,538
- Staff costs -€4,670
down €4,670 (-3.3%), from €139,694 to €135,024
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 | €1,244,662 | €1,010,337 | -€234,325 | -18.8% |
| Fixed assets | 21/28 | €384,133 | €308,885 | -€75,247 | -19.6% |
| Tangible fixed assets | 22/27 | €383,261 | €308,014 | -€75,247 | -19.6% |
| Land and buildings | 22 | €336,822 | €307,903 | -€28,920 | -8.6% |
| Furniture and vehicles | 24 | €46,439 | €111 | -€46,328 | -99.8% |
| Financial fixed assets | 28 | €871 | €871 | = | 0.0% |
| Current assets | 29/58 | €860,529 | €701,452 | -€159,077 | -18.5% |
| Stocks and contracts in progress | 3 | €372,191 | €333,562 | -€38,628 | -10.4% |
| Stocks | 30/36 | €372,191 | €333,562 | -€38,628 | -10.4% |
| Amounts receivable within one year | 40/41 | €407,309 | €269,020 | -€138,289 | -34.0% |
| Trade receivables | 40 | €381,727 | €257,052 | -€124,676 | -32.7% |
| Other amounts receivable | 41 | €25,582 | €11,969 | -€13,614 | -53.2% |
| Cash at bank and in hand | 54/58 | €74,876 | €98,870 | +€23,993 | +32.0% |
| Deferred charges and accrued income | 490/1 | €6,153 | - | -€6,153 | |
| Total equity and liabilities | 10/49 | €1,244,662 | €1,010,337 | -€234,325 | -18.8% |
| Equity | 10/15 | €424,479 | €299,710 | -€124,769 | -29.4% |
| Contributions | 10/11 | €138,653 | €138,653 | = | 0.0% |
| Capital | 10 | €138,653 | €138,653 | = | 0.0% |
| Issued capital | 100 | €138,653 | €138,653 | = | 0.0% |
| Reserves | 13 | €13,378 | €13,378 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,378 | €13,378 | = | 0.0% |
| Legal reserve | 130 | €13,378 | €13,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,261 | €97,362 | -€120,899 | -55.4% |
| Investment grants | 15 | €54,186 | €50,317 | -€3,869 | -7.1% |
| Amounts payable | 17/49 | €820,183 | €710,627 | -€109,556 | -13.4% |
| Amounts payable after more than one year | 17 | €243,973 | €213,365 | -€30,608 | -12.5% |
| Financial debts | 170/4 | €243,973 | €213,365 | -€30,608 | -12.5% |
| Amounts payable within one year | 42/48 | €576,210 | €495,927 | -€80,283 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €43,509 | €38,608 | -€4,901 | -11.3% |
| Financial debts | 43 | €201,682 | €200,877 | -€805 | -0.4% |
| Credit institutions | 430/8 | €201,682 | €200,877 | -€805 | -0.4% |
| Trade debts | 44 | €230,512 | €195,046 | -€35,466 | -15.4% |
| Suppliers | 440/4 | €230,512 | €195,046 | -€35,466 | -15.4% |
| Taxes, remuneration and social security | 45 | €30,508 | €25,912 | -€4,596 | -15.1% |
| Taxes | 450/3 | €3,121 | €175 | -€2,946 | -94.4% |
| Remuneration and social security | 454/9 | €27,387 | €25,737 | -€1,650 | -6.0% |
| Other amounts payable | 47/48 | €70,000 | €35,485 | -€34,515 | -49.3% |
| Accrued charges and deferred income | 492/3 | - | €1,335 | +€1,335 | |
| Remuneration, social security and pensions | 62 | €139,694 | €135,024 | -€4,670 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,661 | €29,586 | -€74 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,976 | - | -€11,976 | |
| Other operating charges | 640/8 | €30,643 | €38,538 | +€7,895 | +25.8% |
| Non-recurring operating charges | 66A | - | €66,712 | +€66,712 | |
| Gross operating margin | 9900 | €251,273 | €162,733 | -€88,539 | -35.2% |
| Operating profit (loss) | 9901 | €39,300 | -€107,127 | -€146,426 | |
| Financial income | 75/76B | €13,210 | €9,357 | -€3,853 | -29.2% |
| Recurring financial income | 75 | €13,210 | €9,357 | -€3,853 | -29.2% |
| Financial charges | 65/66B | €37,895 | €23,625 | -€14,269 | -37.7% |
| Recurring financial charges | 65 | €37,895 | €23,625 | -€14,269 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €14,615 | -€121,395 | -€136,010 | |
| Income taxes | 67/77 | €249 | -€496 | -€745 | |
| Profit (loss) for the period | 9904 | €14,366 | -€120,899 | -€135,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,366 | -€120,899 | -€135,265 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.