TELEVITAS: 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.
What changed
TELEVITAS
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€124,265
2024 · -€4,798-€119,467
Equity
€318,548
2024 · €137,266+€181,281
Cash
€10,055
2024 · €10,023+€32
Balance sheet total
€1.1m
2024 · €839,498+€269,409
Largest movements
Assets
- Intangible fixed assets +€246,928
up €246,928 (+39.3%), from €628,125 to €875,053
- Receivables within one year +€21,323
up €21,323 (+10.8%), from €196,799 to €218,122
of which Other amounts receivable: +€51,387
Equity and liabilities
- Contributions +€305,546
up €305,546 (+140.2%), from €217,900 to €523,446
of which Capital: +€523,446
- Profit (loss) carried forward -€124,265
down €124,265 (-154.1%), from -€80,634 to -€204,899
- Advances received +€57,629
new in 2025: €57,629
- Short-term financial debts +€52,224
up €52,224 (+6254.5%), from €835 to €53,059
- Trade debts -€25,051
down €25,051 (-17.4%), from €143,631 to €118,580
Income statement
- Gross operating margin -€91,701
down €91,701 (-16.8%), from €545,067 to €453,367
- Depreciation +€66,602
up €66,602 (+45.8%), from €145,356 to €211,958
- Staff costs -€42,720
down €42,720 (-11.0%), from €386,853 to €344,133
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
-€4,798
Gross operating margin
-€91,701
Staff costs
+€42,720
Depreciation
-€66,602
Write-downs
+€2,244
Other operating charges
-€770
Financial income
-€35
Financial charges
-€5,250
Taxes
-€72
Result 2025
-€124,265
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.
From operations
+€106,661
Investment
-€459,767
Financing
+€353,138
Cash 2024
€10,023
From operations (derived)
+€106,661
Net result for the year
-€124,265
Depreciation
+€211,958
Receivables within one year
-€21,323
Deferred charges and accrued income
-€246
Trade debts
-€25,051
Tax, wage and social debts
-€16,547
Advances received
+€57,629
Other debts
+€10,966
Accrued charges and deferred income
+€13,539
Investment (derived)
-€459,767
Investment in fixed assets (net)
-€459,767
Financing
+€353,138
Current portion of long-term debt
-€4,633
Short-term financial debts
+€52,224
Contributions, distributions and other
+€305,546
Cash 2025
€10,055
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €839,498 | €1,108,907 | +€269,409 | +32.1% |
| Fixed assets | 21/28 | €631,187 | €878,995 | +€247,809 | +39.3% |
| Intangible fixed assets | 21 | €628,125 | €875,053 | +€246,928 | +39.3% |
| Tangible fixed assets | 22/27 | €3,062 | €474 | -€2,587 | -84.5% |
| Furniture and vehicles | 24 | €3,062 | €474 | -€2,587 | -84.5% |
| Financial fixed assets | 28 | - | €3,468 | +€3,468 | |
| Current assets | 29/58 | €208,311 | €229,912 | +€21,601 | +10.4% |
| Amounts receivable within one year | 40/41 | €196,799 | €218,122 | +€21,323 | +10.8% |
| Trade receivables | 40 | €46,743 | €16,679 | -€30,064 | -64.3% |
| Other amounts receivable | 41 | €150,056 | €201,443 | +€51,387 | +34.2% |
| Cash at bank and in hand | 54/58 | €10,023 | €10,055 | +€32 | +0.3% |
| Deferred charges and accrued income | 490/1 | €1,489 | €1,735 | +€246 | +16.5% |
| Total equity and liabilities | 10/49 | €839,498 | €1,108,907 | +€269,409 | +32.1% |
| Equity | 10/15 | €137,266 | €318,548 | +€181,281 | +132.1% |
| Contributions | 10/11 | €217,900 | €523,446 | +€305,546 | +140.2% |
| Capital | 10 | - | €523,446 | +€523,446 | |
| Issued capital | 100 | - | €523,446 | +€523,446 | |
| Outside capital | 11 | €217,900 | €0 | -€217,900 | -100.0% |
| Other | 1109/19 | €217,900 | €0 | -€217,900 | -100.0% |
| Profit (loss) carried forward | 14 | -€80,634 | -€204,899 | -€124,265 | -154.1% |
| Amounts payable | 17/49 | €702,231 | €790,359 | +€88,128 | +12.5% |
| Amounts payable after more than one year | 17 | €267,000 | €267,000 | = | 0.0% |
| Financial debts | 170/4 | €267,000 | €267,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €411,711 | €486,300 | +€74,589 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €91,417 | €86,784 | -€4,633 | -5.1% |
| Financial debts | 43 | €835 | €53,059 | +€52,224 | +6254.5% |
| Credit institutions | 430/8 | €835 | €53,059 | +€52,224 | +6254.5% |
| Trade debts | 44 | €143,631 | €118,580 | -€25,051 | -17.4% |
| Suppliers | 440/4 | €143,631 | €118,580 | -€25,051 | -17.4% |
| Advances received on contracts in progress | 46 | - | €57,629 | +€57,629 | |
| Taxes, remuneration and social security | 45 | €54,562 | €38,016 | -€16,547 | -30.3% |
| Taxes | 450/3 | €14,876 | €2,106 | -€12,770 | -85.8% |
| Remuneration and social security | 454/9 | €39,686 | €35,910 | -€3,777 | -9.5% |
| Other amounts payable | 47/48 | €121,266 | €132,232 | +€10,966 | +9.0% |
| Accrued charges and deferred income | 492/3 | €23,520 | €37,059 | +€13,539 | +57.6% |
| Non-recurring operating income | 76A | - | €7,522 | +€7,522 | |
| Remuneration, social security and pensions | 62 | €386,853 | €344,133 | -€42,720 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,356 | €211,958 | +€66,602 | +45.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,122 | -€1,122 | -€2,244 | |
| Other operating charges | 640/8 | €528 | €1,298 | +€770 | +145.9% |
| Gross operating margin | 9900 | €545,067 | €453,367 | -€91,701 | -16.8% |
| Operating profit (loss) | 9901 | €11,209 | -€102,900 | -€114,109 | |
| Financial income | 75/76B | €40 | €5 | -€35 | -88.0% |
| Recurring financial income | 75 | €40 | €5 | -€35 | -88.0% |
| Financial charges | 65/66B | €15,040 | €20,290 | +€5,250 | +34.9% |
| Recurring financial charges | 65 | €15,040 | €20,290 | +€5,250 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,792 | -€123,186 | -€119,394 | -3148.8% |
| Income taxes | 67/77 | €1,007 | €1,079 | +€72 | +7.2% |
| Profit (loss) for the period | 9904 | -€4,798 | -€124,265 | -€119,467 | -2489.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,798 | -€124,265 | -€119,467 | -2489.7% |
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 1 October 2026 via checked.be.