TELEVIES: 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.
TELEVIES
Largest movements
- Tangible fixed assets +€46,867
up €46,867 (+118.6%), from €39,513 to €86,380
of which Plant, machinery and equipment: +€39,518
- Cash +€14,648
up €14,648 (+29.7%), from €49,361 to €64,009
mainly Debts after one year (+€32,234) and Depreciation (+€28,103)
- Receivables within one year -€3,985
down €3,985 (-18.2%), from €21,863 to €17,878
- Debts after one year +€32,234
up €32,234 (+91.5%), from €35,248 to €67,482
- Other debts +€20,352
up €20,352 (+87.7%), from €23,215 to €43,567
- Reserves -€13,211
down €13,211 (-46.5%), from €28,414 to €15,203
- Current portion of long-term debt +€10,887
up €10,887 (+96.1%), from €11,327 to €22,215
- Profit (loss) carried forward +€5,739
new in 2025: €5,739
- Depreciation +€13,837
up €13,837 (+97.0%), from €14,266 to €28,103
- Gross operating margin +€10,741
up €10,741 (+19.5%), from €55,027 to €65,768
- Taxes +€2,401
up €2,401 (+27.6%), from €8,698 to €11,099
- Other operating charges -€1,197
down €1,197 (-97.6%), from €1,226 to €29
- Financial charges +€846
up €846 (+35.5%), from €2,379 to €3,224
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 | €111,032 | €168,334 | +€57,302 | +51.6% |
| Fixed assets | 21/28 | €39,725 | €86,392 | +€46,667 | +117.5% |
| Intangible fixed assets | 21 | €212 | €12 | -€200 | -94.2% |
| Tangible fixed assets | 22/27 | €39,513 | €86,380 | +€46,867 | +118.6% |
| Plant, machinery and equipment | 23 | €39,513 | €79,031 | +€39,518 | +100.0% |
| Furniture and vehicles | 24 | - | €7,349 | +€7,349 | |
| Current assets | 29/58 | €71,307 | €81,942 | +€10,635 | +14.9% |
| Amounts receivable within one year | 40/41 | €21,863 | €17,878 | -€3,985 | -18.2% |
| Trade receivables | 40 | €21,863 | €17,878 | -€3,985 | -18.2% |
| Cash at bank and in hand | 54/58 | €49,361 | €64,009 | +€14,648 | +29.7% |
| Deferred charges and accrued income | 490/1 | €83 | €55 | -€28 | -33.3% |
| Total equity and liabilities | 10/49 | €111,032 | €168,334 | +€57,302 | +51.6% |
| Equity | 10/15 | €32,414 | €24,942 | -€7,472 | -23.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €28,414 | €15,203 | -€13,211 | -46.5% |
| Distributable reserves | 133 | €28,414 | €15,203 | -€13,211 | -46.5% |
| Profit (loss) carried forward | 14 | - | €5,739 | +€5,739 | |
| Amounts payable | 17/49 | €78,618 | €143,392 | +€64,774 | +82.4% |
| Amounts payable after more than one year | 17 | €35,248 | €67,482 | +€32,234 | +91.5% |
| Financial debts | 170/4 | €35,248 | €67,482 | +€32,234 | +91.5% |
| Amounts payable within one year | 42/48 | €43,370 | €71,604 | +€28,234 | +65.1% |
| Current portion of amounts payable after more than one year | 42 | €11,327 | €22,215 | +€10,887 | +96.1% |
| Trade debts | 44 | - | €827 | +€827 | |
| Suppliers | 440/4 | - | €827 | +€827 | |
| Taxes, remuneration and social security | 45 | €8,827 | €4,996 | -€3,831 | -43.4% |
| Taxes | 450/3 | €8,827 | €4,996 | -€3,831 | -43.4% |
| Other amounts payable | 47/48 | €23,215 | €43,567 | +€20,352 | +87.7% |
| Accrued charges and deferred income | 492/3 | - | €4,306 | +€4,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,266 | €28,103 | +€13,837 | +97.0% |
| Other operating charges | 640/8 | €1,226 | €29 | -€1,197 | -97.6% |
| Gross operating margin | 9900 | €55,027 | €65,768 | +€10,741 | +19.5% |
| Operating profit (loss) | 9901 | €39,535 | €37,636 | -€1,899 | -4.8% |
| Financial income | 75/76B | €272 | €426 | +€154 | +56.7% |
| Recurring financial income | 75 | €272 | €426 | +€154 | +56.7% |
| Financial charges | 65/66B | €2,379 | €3,224 | +€846 | +35.5% |
| Recurring financial charges | 65 | €2,379 | €3,224 | +€846 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €37,428 | €34,838 | -€2,590 | -6.9% |
| Income taxes | 67/77 | €8,698 | €11,099 | +€2,401 | +27.6% |
| Profit (loss) for the period | 9904 | €28,730 | €23,739 | -€4,991 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,730 | €23,739 | -€4,991 | -17.4% |
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 10 October 2026 via checked.be.