Telesto: 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.
Telesto
Largest movements
- Cash -€17,378
down €17,378 (-83.2%), from €20,877 to €3,499
mainly Receivables within one year (-€12,015) and Trade debts (-€2,880)
- Receivables within one year +€12,015
up €12,015 (+8.6%), from €140,024 to €152,039
of which Other amounts receivable: +€14,895
- Trade debts -€2,880
no longer reported in 2025 (was €2,880)
- Gross operating margin -€2,355
down €2,355, from €1,304 to -€1,051
- Purchases and services -€253
down €253 (-19.4%), from €1,304 to €1,051
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 | €161,301 | €155,938 | -€5,363 | -3.3% |
| Current assets | 29/58 | €161,301 | €155,938 | -€5,363 | -3.3% |
| Amounts receivable within one year | 40/41 | €140,024 | €152,039 | +€12,015 | +8.6% |
| Trade receivables | 40 | €2,880 | - | -€2,880 | |
| Other amounts receivable | 41 | €137,144 | €152,039 | +€14,895 | +10.9% |
| Cash at bank and in hand | 54/58 | €20,877 | €3,499 | -€17,378 | -83.2% |
| Deferred charges and accrued income | 490/1 | €400 | €400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €161,301 | €155,938 | -€5,363 | -3.3% |
| Equity | 10/15 | €156,534 | €155,333 | -€1,201 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,263 | €133,263 | = | 0.0% |
| Distributable reserves | 133 | €133,263 | €133,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,071 | €15,870 | -€1,201 | -7.0% |
| Amounts payable | 17/49 | €4,767 | €605 | -€4,162 | -87.3% |
| Amounts payable within one year | 42/48 | €3,380 | - | -€3,380 | |
| Trade debts | 44 | €2,880 | - | -€2,880 | |
| Suppliers | 440/4 | €2,880 | - | -€2,880 | |
| Taxes, remuneration and social security | 45 | €500 | - | -€500 | |
| Taxes | 450/3 | €500 | - | -€500 | |
| Accrued charges and deferred income | 492/3 | €1,387 | €605 | -€782 | -56.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,304 | €1,051 | -€253 | -19.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €1,304 | -€1,051 | -€2,355 | |
| Operating profit (loss) | 9901 | €1,186 | -€1,171 | -€2,357 | |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,156 | -€1,201 | -€2,357 | |
| Profit (loss) for the period | 9904 | €1,156 | -€1,201 | -€2,357 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,156 | -€1,201 | -€2,357 |
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 7 October 2026 via checked.be.