Teleweb: 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.
Teleweb
Largest movements
- Receivables within one year -€111,746
down €111,746 (-22.2%), from €502,991 to €391,244
of which Trade receivables: -€110,392
- Cash +€15,735
up €15,735 (+577%), from €2,727 to €18,462
mainly Receivables within one year (+€111,746) and Depreciation (+€50,501)
- Stocks and contracts -€11,031
down €11,031 (-10.5%), from €105,453 to €94,423
- Other debts -€101,698
down €101,698 (-19.6%), from €520,174 to €418,477
- Staff costs +€9,992
up €9,992 (+15.5%), from €64,320 to €74,312
- Depreciation -€9,279
down €9,279 (-15.5%), from €59,781 to €50,501
- Write-downs -€1,682
no longer reported in 2025 (was €1,682)
- Taxes +€1,601
up €1,601 (+1,146%), from €140 to €1,741
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.
Derived cash bridge
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 | €710,403 | €604,663 | -€105,740 | -14.9% |
| Fixed assets | 21/28 | €80,665 | €86,995 | +€6,330 | +7.8% |
| Tangible fixed assets | 22/27 | €80,665 | €86,995 | +€6,330 | +7.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €11,260 | - | -€11,260 | |
| Furniture and vehicles | 24 | €69,404 | €86,995 | +€17,591 | +25.3% |
| Current assets | 29/58 | €629,738 | €517,668 | -€112,071 | -17.8% |
| Stocks and contracts in progress | 3 | €105,453 | €94,423 | -€11,031 | -10.5% |
| Stocks | 30/36 | €105,453 | €94,423 | -€11,031 | -10.5% |
| Amounts receivable within one year | 40/41 | €502,991 | €391,244 | -€111,746 | -22.2% |
| Trade receivables | 40 | €501,608 | €391,217 | -€110,392 | -22.0% |
| Other amounts receivable | 41 | €1,382 | €28 | -€1,355 | -98.0% |
| Current investments | 50/53 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,727 | €18,462 | +€15,735 | +577% |
| Deferred charges and accrued income | 490/1 | €16,068 | €11,039 | -€5,029 | -31.3% |
| Total equity and liabilities | 10/49 | €710,403 | €604,663 | -€105,740 | -14.9% |
| Equity | 10/15 | €120,265 | €123,592 | +€3,327 | +2.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €20,265 | €20,265 | = | 0.0% |
| Distributable reserves | 133 | €20,265 | €20,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,327 | +€3,327 | |
| Amounts payable | 17/49 | €590,138 | €481,071 | -€109,067 | -18.5% |
| Amounts payable within one year | 42/48 | €590,138 | €481,071 | -€109,067 | -18.5% |
| Trade debts | 44 | €40,051 | €37,444 | -€2,606 | -6.5% |
| Suppliers | 440/4 | €40,051 | €37,444 | -€2,606 | -6.5% |
| Taxes, remuneration and social security | 45 | €29,913 | €25,150 | -€4,763 | -15.9% |
| Taxes | 450/3 | €24,983 | €17,212 | -€7,770 | -31.1% |
| Remuneration and social security | 454/9 | €4,930 | €7,938 | +€3,008 | +61.0% |
| Other amounts payable | 47/48 | €520,174 | €418,477 | -€101,698 | -19.6% |
| Remuneration, social security and pensions | 62 | €64,320 | €74,312 | +€9,992 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,781 | €50,501 | -€9,279 | -15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,682 | - | -€1,682 | |
| Other operating charges | 640/8 | €1,180 | €1,425 | +€245 | +20.7% |
| Gross operating margin | 9900 | €131,678 | €131,565 | -€113 | -0.1% |
| Operating profit (loss) | 9901 | €4,716 | €5,327 | +€611 | +13.0% |
| Financial income | 75/76B | €83 | €317 | +€234 | +281% |
| Recurring financial income | 75 | €83 | €317 | +€234 | +281% |
| Financial charges | 65/66B | €269 | €576 | +€308 | +115% |
| Recurring financial charges | 65 | €269 | €576 | +€308 | +115% |
| Profit (loss) for the period before taxes | 9903 | €4,530 | €5,067 | +€537 | +11.9% |
| Income taxes | 67/77 | €140 | €1,741 | +€1,601 | +1,146% |
| Profit (loss) for the period | 9904 | €4,391 | €3,327 | -€1,064 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,391 | €3,327 | -€1,064 | -24.2% |
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 24 October 2026 via checked.be.