TELETASK: 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
TELETASK
NACE 26.400, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€102,574
2024 · €98,525+€4,049
Equity
€2.3m
2024 · €2.2m+€52,574
Cash
€311,508
2024 · €410,021-€98,513
Balance sheet total
€3.2m
2024 · €3.1m+€57,565
Largest movements
Assets
- Tangible fixed assets +€235,197
up €235,197 (+21.5%), from €1.1m to €1.3m
of which Land and buildings: +€242,351
- Stocks and contracts -€114,802
down €114,802 (-13.0%), from €882,032 to €767,230
- Cash -€98,513
down €98,513 (-24.0%), from €410,021 to €311,508
mainly Investment in fixed assets (net) (-€789,379) and Contributions, distributions and other (-€50,000)
Equity and liabilities
- Revaluation surpluses +€200,000
up €200,000 (+25.0%), from €800,000 to €1.0m
- Reserves -€121,000
down €121,000 (-9.6%), from €1.3m to €1.1m
of which Tax-exempt reserves: -€421,000
- Debts after one year -€37,375
down €37,375 (-7.6%), from €492,315 to €454,940
of which Other amounts payable: -€38,953
Income statement
- Taxes -€111,873
down €111,873 (-73.3%), from €152,702 to €40,830
- Gross operating margin -€103,075
down €103,075 (-6.6%), from €1.6m to €1.5m
- Depreciation +€72,093
up €72,093 (+14.9%), from €485,224 to €557,317
- Staff costs -€22,712
down €22,712 (-3.1%), from €744,563 to €721,851
- Financial charges -€21,914
down €21,914 (-36.1%), from €60,620 to €38,706
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.
Result 2024
€98,525
Gross operating margin
-€103,075
Staff costs
+€22,712
Depreciation
-€72,093
Provisions
+€16,160
Other operating charges
+€8,014
Financial income
-€1,455
Financial charges
+€21,914
Taxes
+€111,873
Result 2025
€102,574
raises the resultlowers the result
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.
From operations
+€744,170
Investment
-€781,649
Financing
-€61,034
Cash 2024
€410,021
From operations (derived)
+€744,170
Net result for the year
+€102,574
Depreciation
+€557,317
Stocks and contracts
+€114,802
Receivables within one year
-€27,492
Deferred charges and accrued income
-€19,056
Provisions
-€10,207
Trade debts
-€10,457
Tax, wage and social debts
+€11,689
Other debts
+€25,000
Investment (derived)
-€781,649
Investment in fixed assets (net)
-€789,379
Current investments
+€7,730
Financing
-€61,034
Debts after one year
-€37,375
Current portion of long-term debt
+€18,043
Short-term financial debts
+€8,298
Contributions, distributions and other
-€50,000
Cash 2025
€311,508
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,131,831 | €3,189,396 | +€57,565 | +1.8% |
| Fixed assets | 21/28 | €1,602,802 | €1,834,864 | +€232,062 | +14.5% |
| Intangible fixed assets | 21 | €489,691 | €486,556 | -€3,135 | -0.6% |
| Tangible fixed assets | 22/27 | €1,092,704 | €1,327,900 | +€235,197 | +21.5% |
| Land and buildings | 22 | €930,943 | €1,173,294 | +€242,351 | +26.0% |
| Plant, machinery and equipment | 23 | €46,405 | €26,020 | -€20,385 | -43.9% |
| Furniture and vehicles | 24 | €10,969 | €45,969 | +€35,000 | +319% |
| Leasing and similar rights | 25 | €104,387 | €82,617 | -€21,770 | -20.9% |
| Financial fixed assets | 28 | €20,408 | €20,408 | = | 0.0% |
| Current assets | 29/58 | €1,529,029 | €1,354,532 | -€174,497 | -11.4% |
| Stocks and contracts in progress | 3 | €882,032 | €767,230 | -€114,802 | -13.0% |
| Stocks | 30/36 | €882,032 | €767,230 | -€114,802 | -13.0% |
| Amounts receivable within one year | 40/41 | €126,493 | €153,985 | +€27,492 | +21.7% |
| Trade receivables | 40 | €126,493 | €69,632 | -€56,860 | -45.0% |
| Other amounts receivable | 41 | - | €84,353 | +€84,353 | |
| Current investments | 50/53 | €103,195 | €95,466 | -€7,730 | -7.5% |
| Cash at bank and in hand | 54/58 | €410,021 | €311,508 | -€98,513 | -24.0% |
| Deferred charges and accrued income | 490/1 | €7,288 | €26,343 | +€19,056 | +261% |
| Total equity and liabilities | 10/49 | €3,131,831 | €3,189,396 | +€57,565 | +1.8% |
| Equity | 10/15 | €2,231,343 | €2,283,917 | +€52,574 | +2.4% |
| Contributions | 10/11 | €130,000 | €130,000 | = | 0.0% |
| Revaluation surpluses | 12 | €800,000 | €1,000,000 | +€200,000 | +25.0% |
| Reserves | 13 | €1,256,597 | €1,135,597 | -€121,000 | -9.6% |
| Tax-exempt reserves | 132 | €656,597 | €235,597 | -€421,000 | -64.1% |
| Distributable reserves | 133 | €600,000 | €900,000 | +€300,000 | +50.0% |
| Profit (loss) carried forward | 14 | €44,746 | €18,321 | -€26,426 | -59.1% |
| Provisions and deferred taxes | 16 | €49,836 | €39,629 | -€10,207 | -20.5% |
| Provisions for liabilities and charges | 160/5 | €49,836 | €39,629 | -€10,207 | -20.5% |
| Other liabilities and charges | 164/5 | €49,836 | €39,629 | -€10,207 | -20.5% |
| Amounts payable | 17/49 | €850,652 | €865,850 | +€15,198 | +1.8% |
| Amounts payable after more than one year | 17 | €492,315 | €454,940 | -€37,375 | -7.6% |
| Financial debts | 170/4 | €425,918 | €427,496 | +€1,578 | +0.4% |
| Other amounts payable | 178/9 | €66,398 | €27,445 | -€38,953 | -58.7% |
| Amounts payable within one year | 42/48 | €358,337 | €410,910 | +€52,572 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €64,844 | €82,887 | +€18,043 | +27.8% |
| Financial debts | 43 | €25,356 | €33,653 | +€8,298 | +32.7% |
| Credit institutions | 430/8 | €25,356 | €33,653 | +€8,298 | +32.7% |
| Trade debts | 44 | €90,458 | €80,000 | -€10,457 | -11.6% |
| Suppliers | 440/4 | €90,458 | €80,000 | -€10,457 | -11.6% |
| Taxes, remuneration and social security | 45 | €177,680 | €189,369 | +€11,689 | +6.6% |
| Taxes | 450/3 | €84,327 | €81,435 | -€2,892 | -3.4% |
| Remuneration and social security | 454/9 | €93,353 | €107,934 | +€14,581 | +15.6% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Remuneration, social security and pensions | 62 | €744,563 | €721,851 | -€22,712 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485,224 | €557,317 | +€72,093 | +14.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,953 | -€10,207 | -€16,160 | |
| Other operating charges | 640/8 | €27,568 | €19,554 | -€8,014 | -29.1% |
| Gross operating margin | 9900 | €1,569,499 | €1,466,424 | -€103,075 | -6.6% |
| Operating profit (loss) | 9901 | €306,191 | €177,909 | -€128,282 | -41.9% |
| Financial income | 75/76B | €5,657 | €4,202 | -€1,455 | -25.7% |
| Recurring financial income | 75 | €5,657 | €4,202 | -€1,455 | -25.7% |
| Financial charges | 65/66B | €60,620 | €38,706 | -€21,914 | -36.1% |
| Recurring financial charges | 65 | €60,620 | €38,706 | -€21,914 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €251,227 | €143,404 | -€107,823 | -42.9% |
| Income taxes | 67/77 | €152,702 | €40,830 | -€111,873 | -73.3% |
| Profit (loss) for the period | 9904 | €98,525 | €102,574 | +€4,049 | +4.1% |
| Transfer from tax-exempt reserves | 789 | €303,500 | €526,250 | +€222,750 | +73.4% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €105,250 | -€21,050 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €275,725 | €523,574 | +€247,849 | +89.9% |
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.