TELETRONIKA: what changed
What changed
TELETRONIKA
NACE 42.110, Construction of roads and motorways
filed annual accounts (NBB)
Net result for the year
€143,431
2024 · €227,643-€84,211
Equity
€1.5m
2024 · €2.9m-€1.5m
Cash
€813,149
2024 · €1.4m-€636,562
Balance sheet total
€2.0m
2024 · €3.5m-€1.5m
Largest movements
Assets
- Receivables within one year -€796,827
down €796,827 (-44.3%), from €1.8m to €1.0m
of which Other amounts receivable: -€871,460
- Cash -€636,562
down €636,562 (-43.9%), from €1.4m to €813,149
mainly Contributions, distributions and other (-€1.6m) and Tax, wage and social debts (-€66,900)
- Tangible fixed assets -€78,028
down €78,028 (-29.2%), from €267,008 to €188,980
of which Leasing and similar rights: -€64,300
Equity and liabilities
- Profit (loss) carried forward -€1.5m
down €1.5m (-53.8%), from €2.7m to €1.2m
- Trade debts +€81,206
up €81,206 (+86.8%), from €93,546 to €174,752
- Tax, wage and social debts -€66,900
down €66,900 (-24.3%), from €275,396 to €208,497
of which Remuneration and social security: -€62,599
- Debts after one year -€61,016
down €61,016 (-32.6%), from €187,003 to €125,988
Income statement
- Other operating income -€993,490
down €993,490 (-91.2%), from €1.1m to €96,303
- Services and other goods -€322,041
down €322,041 (-52.4%), from €614,148 to €292,106
- Staff costs -€281,871
down €281,871 (-15.2%), from €1.9m to €1.6m
- Turnover +€218,113
up €218,113 (+12.2%), from €1.8m to €2.0m
- Goods and materials -€84,810
down €84,810 (-90.6%), from €93,611 to €8,801
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€227,643
Turnover
+€218,113
Other operating income
-€993,490
Goods and materials
+€84,810
Services and other goods
+€322,041
Staff costs
+€281,871
Depreciation
+€2,077
Other operating charges
+€1,746
Other operating items
+€3,950
Financial income
-€64,745
Financial charges
+€8,251
Taxes
+€51,165
Result 2025
€143,431
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.0m
Investment
€0
Financing
-€1.7m
Cash 2024
€1.4m
From operations (derived)
+€1.0m
Net result for the year
+€143,431
Depreciation
+€78,028
Receivables within one year
+€796,827
Deferred charges and accrued income
-€11,360
Trade debts
+€81,206
Tax, wage and social debts
-€66,900
Financing
-€1.7m
Debts after one year
-€61,016
Current portion of long-term debt
+€3,222
Contributions, distributions and other
-€1.6m
Cash 2025
€813,149
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,536,126 | €2,036,070 | -€1.5m | -42.4% |
| Fixed assets | 21/28 | €268,177 | €190,149 | -€78,028 | -29.1% |
| Tangible fixed assets | 22/27 | €267,008 | €188,980 | -€78,028 | -29.2% |
| Plant, machinery and equipment | 23 | €4,232 | €373 | -€3,859 | -91.2% |
| Furniture and vehicles | 24 | €19,158 | €9,290 | -€9,869 | -51.5% |
| Leasing and similar rights | 25 | €243,618 | €179,318 | -€64,300 | -26.4% |
| Financial fixed assets | 28 | €1,169 | €1,169 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,169 | €1,169 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,169 | €1,169 | = | 0.0% |
| Current assets | 29/58 | €3,267,950 | €1,845,921 | -€1.4m | -43.5% |
| Amounts receivable within one year | 40/41 | €1,798,913 | €1,002,086 | -€796,827 | -44.3% |
| Trade receivables | 40 | €861,766 | €936,399 | +€74,632 | +8.7% |
| Other amounts receivable | 41 | €937,146 | €65,687 | -€871,460 | -93.0% |
| Cash at bank and in hand | 54/58 | €1,449,711 | €813,149 | -€636,562 | -43.9% |
| Deferred charges and accrued income | 490/1 | €19,326 | €30,686 | +€11,360 | +58.8% |
| Total equity and liabilities | 10/49 | €3,536,126 | €2,036,070 | -€1.5m | -42.4% |
| Equity | 10/15 | €2,922,531 | €1,465,963 | -€1.5m | -49.8% |
| Contributions | 10/11 | €173,530 | €173,530 | = | 0.0% |
| Capital | 10 | €173,530 | €173,530 | = | 0.0% |
| Issued capital | 100 | €173,530 | €173,530 | = | 0.0% |
| Reserves | 13 | €43,218 | €43,218 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €25,718 | €25,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,705,783 | €1,249,215 | -€1.5m | -53.8% |
| Amounts payable | 17/49 | €613,595 | €570,107 | -€43,488 | -7.1% |
| Amounts payable after more than one year | 17 | €187,003 | €125,988 | -€61,016 | -32.6% |
| Financial debts | 170/4 | €187,003 | €125,988 | -€61,016 | -32.6% |
| Leasing and similar obligations | 172 | €187,003 | €125,988 | -€61,016 | -32.6% |
| Amounts payable within one year | 42/48 | €426,592 | €444,120 | +€17,528 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €57,649 | €60,871 | +€3,222 | +5.6% |
| Trade debts | 44 | €93,546 | €174,752 | +€81,206 | +86.8% |
| Suppliers | 440/4 | €93,546 | €174,752 | +€81,206 | +86.8% |
| Taxes, remuneration and social security | 45 | €275,396 | €208,497 | -€66,900 | -24.3% |
| Taxes | 450/3 | €101,752 | €97,452 | -€4,300 | -4.2% |
| Remuneration and social security | 454/9 | €173,644 | €111,045 | -€62,599 | -36.1% |
| Operating income | 70/76A | €2,926,363 | €2,154,935 | -€771,428 | -26.4% |
| Turnover | 70 | €1,787,019 | €2,005,132 | +€218,113 | +12.2% |
| Other operating income | 74 | €1,089,794 | €96,303 | -€993,490 | -91.2% |
| Non-recurring operating income | 76A | €49,550 | €53,500 | +€3,950 | +8.0% |
| Operating charges | 60/66A | €2,648,561 | €1,956,017 | -€692,545 | -26.1% |
| Goods for resale, raw materials and consumables | 60 | €93,611 | €8,801 | -€84,810 | -90.6% |
| Purchases | 600/8 | €93,611 | €8,801 | -€84,810 | -90.6% |
| Services and other goods | 61 | €614,148 | €292,106 | -€322,041 | -52.4% |
| Remuneration, social security and pensions | 62 | €1,851,930 | €1,570,059 | -€281,871 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,104 | €78,028 | -€2,077 | -2.6% |
| Other operating charges | 640/8 | €8,769 | €7,023 | -€1,746 | -19.9% |
| Operating profit (loss) | 9901 | €277,802 | €198,919 | -€78,883 | -28.4% |
| Financial income | 75/76B | €93,729 | €28,984 | -€64,745 | -69.1% |
| Recurring financial income | 75 | €93,729 | €28,984 | -€64,745 | -69.1% |
| Income from current assets | 751 | €93,728 | €28,931 | -€64,796 | -69.1% |
| Other financial income | 752/9 | €1 | €52 | +€51 | +4,273% |
| Financial charges | 65/66B | €50,521 | €42,269 | -€8,251 | -16.3% |
| Recurring financial charges | 65 | €50,521 | €42,269 | -€8,251 | -16.3% |
| Debt charges | 650 | €50,521 | €40,562 | -€9,959 | -19.7% |
| Other financial charges | 652/9 | - | €1,708 | +€1,708 | |
| Profit (loss) for the period before taxes | 9903 | €321,010 | €185,633 | -€135,377 | -42.2% |
| Income taxes | 67/77 | €93,367 | €42,202 | -€51,165 | -54.8% |
| Taxes | 670/3 | €93,367 | €42,202 | -€51,165 | -54.8% |
| Profit (loss) for the period | 9904 | €227,643 | €143,431 | -€84,211 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €227,643 | €143,431 | -€84,211 | -37.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.