TELETECHNICS: 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.
TELETECHNICS
Largest movements
- Receivables within one year -€16,055
down €16,055 (-54.2%), from €29,615 to €13,560
of which Other amounts receivable: -€9,509
- Tangible fixed assets -€7,640
down €7,640 (-13.4%), from €57,003 to €49,363
of which Plant, machinery and equipment: -€6,227
- Stocks and contracts -€6,825
down €6,825 (-3.4%), from €203,689 to €196,864
- Trade debts -€12,776
down €12,776 (-75.1%), from €17,003 to €4,227
- Debts after one year -€8,404
down €8,404 (-85.5%), from €9,827 to €1,423
- Reserves -€5,237
down €5,237 (-1.7%), from €305,729 to €300,492
of which Distributable reserves: -€5,237
- Tax, wage and social debts -€4,925
down €4,925 (-23.2%), from €21,241 to €16,316
of which Taxes: -€4,084
- Gross operating margin +€8,750
up €8,750 (+11.5%), from €76,090 to €84,840
- Staff costs +€2,446
up €2,446 (+3.1%), from €78,583 to €81,030
- Depreciation +€1,029
up €1,029 (+19.8%), from €5,197 to €6,227
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 | €380,573 | €349,455 | -€31,118 | -8.2% |
| Fixed assets | 21/28 | €57,003 | €49,363 | -€7,640 | -13.4% |
| Tangible fixed assets | 22/27 | €57,003 | €49,363 | -€7,640 | -13.4% |
| Plant, machinery and equipment | 23 | €55,590 | €49,363 | -€6,227 | -11.2% |
| Furniture and vehicles | 24 | €1,413 | - | -€1,413 | |
| Current assets | 29/58 | €323,569 | €300,091 | -€23,478 | -7.3% |
| Stocks and contracts in progress | 3 | €203,689 | €196,864 | -€6,825 | -3.4% |
| Stocks | 30/36 | €203,689 | €196,864 | -€6,825 | -3.4% |
| Amounts receivable within one year | 40/41 | €29,615 | €13,560 | -€16,055 | -54.2% |
| Trade receivables | 40 | €20,100 | €13,554 | -€6,546 | -32.6% |
| Other amounts receivable | 41 | €9,515 | €5 | -€9,509 | -99.9% |
| Cash at bank and in hand | 54/58 | €90,266 | €89,668 | -€598 | -0.7% |
| Total equity and liabilities | 10/49 | €380,573 | €349,455 | -€31,118 | -8.2% |
| Equity | 10/15 | €324,321 | €319,084 | -€5,237 | -1.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €305,729 | €300,492 | -€5,237 | -1.7% |
| Tax-exempt reserves | 132 | €21,728 | €21,728 | = | 0.0% |
| Distributable reserves | 133 | €284,001 | €278,764 | -€5,237 | -1.8% |
| Amounts payable | 17/49 | €56,252 | €30,371 | -€25,881 | -46.0% |
| Amounts payable after more than one year | 17 | €9,827 | €1,423 | -€8,404 | -85.5% |
| Financial debts | 170/4 | €9,827 | €1,423 | -€8,404 | -85.5% |
| Amounts payable within one year | 42/48 | €46,425 | €28,948 | -€17,477 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €8,181 | €8,404 | +€224 | +2.7% |
| Trade debts | 44 | €17,003 | €4,227 | -€12,776 | -75.1% |
| Suppliers | 440/4 | €17,003 | €4,227 | -€12,776 | -75.1% |
| Taxes, remuneration and social security | 45 | €21,241 | €16,316 | -€4,925 | -23.2% |
| Taxes | 450/3 | €10,347 | €6,263 | -€4,084 | -39.5% |
| Remuneration and social security | 454/9 | €10,894 | €10,054 | -€840 | -7.7% |
| Non-recurring operating income | 76A | - | €22,284 | +€22,284 | |
| Remuneration, social security and pensions | 62 | €78,583 | €81,030 | +€2,446 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,197 | €6,227 | +€1,029 | +19.8% |
| Other operating charges | 640/8 | €1,627 | €1,656 | +€29 | +1.8% |
| Gross operating margin | 9900 | €76,090 | €84,840 | +€8,750 | +11.5% |
| Operating profit (loss) | 9901 | -€9,318 | -€4,072 | +€5,246 | +56.3% |
| Financial income | 75/76B | €31 | €79 | +€48 | +155.7% |
| Recurring financial income | 75 | €31 | €79 | +€48 | +155.7% |
| Financial charges | 65/66B | €759 | €720 | -€39 | -5.1% |
| Recurring financial charges | 65 | €759 | €720 | -€39 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,046 | -€4,713 | +€5,333 | +53.1% |
| Income taxes | 67/77 | €460 | €524 | +€64 | +13.9% |
| Profit (loss) for the period | 9904 | -€10,506 | -€5,237 | +€5,269 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,506 | -€5,237 | +€5,269 | +50.2% |
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 5 October 2026 via checked.be.