TELESTO BC: 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.
TELESTO BC
Largest movements
- Stocks and contracts +€171,913
new in 2025: €171,913
- Tangible fixed assets -€96,143
down €96,143 (-6.4%), from €1.5m to €1.4m
of which Land and buildings: -€92,258
- Receivables within one year +€36,628
up €36,628 (+30.9%), from €118,624 to €155,252
of which Other amounts receivable: +€22,800
- Revaluation surpluses -€55,342
down €55,342 (-6.4%), from €870,026 to €814,684
- Reserves +€55,342
up €55,342 (+68.2%), from €81,147 to €136,489
- Tax, wage and social debts +€39,152
up €39,152 (+217%), from €18,054 to €57,206
- Other debts +€38,809
up €38,809 (+18.1%), from €214,087 to €252,896
- Trade debts +€27,561
up €27,561 (+89.2%), from €30,914 to €58,475
- Taxes +€17,759
up €17,759 (+237%), from €7,500 to €25,259
- Gross operating margin +€16,453
up €16,453 (+11.4%), from €144,449 to €160,902
- Other operating charges +€2,586
up €2,586 (+24.5%), from €10,554 to €13,140
- Financial income +€2,515
up €2,515 (+667%), from €377 to €2,892
- Financial charges -€2,334
down €2,334 (-10.9%), from €21,502 to €19,168
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 | €1,623,980 | €1,735,817 | +€111,837 | +6.9% |
| Fixed assets | 21/28 | €1,502,936 | €1,406,793 | -€96,143 | -6.4% |
| Tangible fixed assets | 22/27 | €1,501,696 | €1,405,553 | -€96,143 | -6.4% |
| Land and buildings | 22 | €1,475,452 | €1,383,194 | -€92,258 | -6.3% |
| Plant, machinery and equipment | 23 | €9,247 | €7,018 | -€2,228 | -24.1% |
| Furniture and vehicles | 24 | €16,998 | €15,341 | -€1,657 | -9.7% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €121,044 | €329,024 | +€207,980 | +172% |
| Stocks and contracts in progress | 3 | - | €171,913 | +€171,913 | |
| Stocks | 30/36 | - | €171,913 | +€171,913 | |
| Amounts receivable within one year | 40/41 | €118,624 | €155,252 | +€36,628 | +30.9% |
| Trade receivables | 40 | €112,358 | €126,186 | +€13,828 | +12.3% |
| Other amounts receivable | 41 | €6,266 | €29,066 | +€22,800 | +364% |
| Cash at bank and in hand | 54/58 | €177 | €1,164 | +€987 | +557% |
| Deferred charges and accrued income | 490/1 | €2,242 | €695 | -€1,548 | -69.0% |
| Total equity and liabilities | 10/49 | €1,623,980 | €1,735,817 | +€111,837 | +6.9% |
| Equity | 10/15 | €980,300 | €983,396 | +€3,095 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €870,026 | €814,684 | -€55,342 | -6.4% |
| Reserves | 13 | €81,147 | €136,489 | +€55,342 | +68.2% |
| Distributable reserves | 133 | €81,147 | €136,489 | +€55,342 | +68.2% |
| Profit (loss) carried forward | 14 | €22,928 | €26,023 | +€3,095 | +13.5% |
| Amounts payable | 17/49 | €643,680 | €752,422 | +€108,742 | +16.9% |
| Amounts payable after more than one year | 17 | €303,538 | €288,668 | -€14,870 | -4.9% |
| Financial debts | 170/4 | €303,538 | €288,668 | -€14,870 | -4.9% |
| Amounts payable within one year | 42/48 | €338,343 | €463,754 | +€125,411 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €75,286 | €95,124 | +€19,839 | +26.4% |
| Financial debts | 43 | €3 | €54 | +€50 | +1,655% |
| Credit institutions | 430/8 | €3 | €54 | +€50 | +1,655% |
| Trade debts | 44 | €30,914 | €58,475 | +€27,561 | +89.2% |
| Suppliers | 440/4 | €30,914 | €58,475 | +€27,561 | +89.2% |
| Taxes, remuneration and social security | 45 | €18,054 | €57,206 | +€39,152 | +217% |
| Taxes | 450/3 | €18,054 | €57,206 | +€39,152 | +217% |
| Other amounts payable | 47/48 | €214,087 | €252,896 | +€38,809 | +18.1% |
| Accrued charges and deferred income | 492/3 | €1,798 | €0 | -€1,798 | -100% |
| Non-recurring operating income | 76A | - | €2,183 | +€2,183 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,706 | €103,131 | -€575 | -0.6% |
| Other operating charges | 640/8 | €10,554 | €13,140 | +€2,586 | +24.5% |
| Gross operating margin | 9900 | €144,449 | €160,902 | +€16,453 | +11.4% |
| Operating profit (loss) | 9901 | €30,189 | €44,631 | +€14,442 | +47.8% |
| Financial income | 75/76B | €377 | €2,892 | +€2,515 | +667% |
| Recurring financial income | 75 | €377 | €2,892 | +€2,515 | +667% |
| Financial charges | 65/66B | €21,502 | €19,168 | -€2,334 | -10.9% |
| Recurring financial charges | 65 | €21,502 | €19,168 | -€2,334 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €9,064 | €28,355 | +€19,291 | +213% |
| Income taxes | 67/77 | €7,500 | €25,259 | +€17,759 | +237% |
| Profit (loss) for the period | 9904 | €1,564 | €3,095 | +€1,531 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,564 | €3,095 | +€1,531 | +97.9% |
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 17 October 2026 via checked.be.