TELETRON: 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.
TELETRON
Largest movements
- Tangible fixed assets -€66,510
down €66,510 (-18.4%), from €361,856 to €295,346
of which Furniture and vehicles: -€52,240
- Cash -€29,853
down €29,853 (-40.5%), from €73,628 to €43,775
mainly Contributions, distributions and other (-€39,101) and Net result for the year (-€37,032)
- Receivables within one year +€25,406
up €25,406 (+120.0%), from €21,171 to €46,577
of which Trade receivables: +€21,179
- Reserves -€39,101
down €39,101 (-40.0%), from €97,640 to €58,540
of which Distributable reserves: -€39,101
- Profit (loss) carried forward -€37,032
down €37,032 (-75.4%), from €49,130 to €12,098
- Turnover -€99,364
down €99,364 (-41.0%), from €242,067 to €142,703
- Purchases and services -€73,532
down €73,532 (-40.9%), from €179,813 to €106,282
- Gross operating margin -€44,044
down €44,044 (-52.6%), from €83,679 to €39,635
- Financial charges +€28,006
up €28,006 (+252.5%), from €11,091 to €39,096
- Depreciation -€10,559
down €10,559 (-24.8%), from €42,518 to €31,959
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 | €456,655 | €386,194 | -€70,461 | -15.4% |
| Fixed assets | 21/28 | €361,856 | €295,842 | -€66,014 | -18.2% |
| Intangible fixed assets | 21 | - | €496 | +€496 | |
| Tangible fixed assets | 22/27 | €361,856 | €295,346 | -€66,510 | -18.4% |
| Land and buildings | 22 | €239,596 | €233,215 | -€6,381 | -2.7% |
| Plant, machinery and equipment | 23 | €35,396 | €27,508 | -€7,888 | -22.3% |
| Furniture and vehicles | 24 | €86,864 | €34,623 | -€52,240 | -60.1% |
| Current assets | 29/58 | €94,800 | €90,352 | -€4,447 | -4.7% |
| Amounts receivable within one year | 40/41 | €21,171 | €46,577 | +€25,406 | +120.0% |
| Trade receivables | 40 | €20,511 | €41,690 | +€21,179 | +103.3% |
| Other amounts receivable | 41 | €660 | €4,887 | +€4,227 | +640.0% |
| Cash at bank and in hand | 54/58 | €73,628 | €43,775 | -€29,853 | -40.5% |
| Total equity and liabilities | 10/49 | €456,655 | €386,194 | -€70,461 | -15.4% |
| Equity | 10/15 | €152,970 | €76,838 | -€76,132 | -49.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €97,640 | €58,540 | -€39,101 | -40.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,815 | €15,815 | = | 0.0% |
| Distributable reserves | 133 | €79,965 | €40,865 | -€39,101 | -48.9% |
| Profit (loss) carried forward | 14 | €49,130 | €12,098 | -€37,032 | -75.4% |
| Amounts payable | 17/49 | €303,685 | €309,356 | +€5,671 | +1.9% |
| Amounts payable after more than one year | 17 | €287,717 | €287,762 | +€45 | 0.0% |
| Financial debts | 170/4 | €287,717 | €287,762 | +€45 | 0.0% |
| Amounts payable within one year | 42/48 | €15,968 | €21,594 | +€5,626 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €10,887 | €13,929 | +€3,042 | +27.9% |
| Trade debts | 44 | €3,005 | €1,434 | -€1,571 | -52.3% |
| Suppliers | 440/4 | €3,005 | €1,434 | -€1,571 | -52.3% |
| Taxes, remuneration and social security | 45 | €2,076 | €6,231 | +€4,155 | +200.1% |
| Taxes | 450/3 | €2,076 | €6,231 | +€4,155 | +200.1% |
| Turnover | 70 | €242,067 | €142,703 | -€99,364 | -41.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €179,813 | €106,282 | -€73,532 | -40.9% |
| Remuneration, social security and pensions | 62 | €5,390 | - | -€5,390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,518 | €31,959 | -€10,559 | -24.8% |
| Other operating charges | 640/8 | €2,185 | €2,311 | +€126 | +5.8% |
| Non-recurring operating charges | 66A | - | €3,481 | +€3,481 | |
| Gross operating margin | 9900 | €83,679 | €39,635 | -€44,044 | -52.6% |
| Operating profit (loss) | 9901 | €33,586 | €1,884 | -€31,702 | -94.4% |
| Financial income | 75/76B | €327 | €418 | +€91 | +28.0% |
| Recurring financial income | 75 | €327 | €418 | +€91 | +28.0% |
| Financial charges | 65/66B | €11,091 | €39,096 | +€28,006 | +252.5% |
| Recurring financial charges | 65 | €11,091 | €39,096 | +€28,006 | +252.5% |
| Profit (loss) for the period before taxes | 9903 | €22,823 | -€36,793 | -€59,616 | |
| Income taxes | 67/77 | €5,050 | €238 | -€4,812 | -95.3% |
| Profit (loss) for the period | 9904 | €17,773 | -€37,032 | -€54,804 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,773 | -€37,032 | -€54,804 |
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 11 October 2026 via checked.be.