TELEWORKING PARTNERS: 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.
TELEWORKING PARTNERS
Largest movements
- Cash -€4,506
down €4,506 (-3.2%), from €138,974 to €134,468
mainly Accrued charges and deferred income (-€13,596) and Trade debts (-€4,678)
- Tangible fixed assets -€3,617
down €3,617 (-13.0%), from €27,831 to €24,214
- Accrued charges and deferred income -€13,596
no longer reported in 2025 (was €13,596)
- Other debts +€11,104
up €11,104 (+31.4%), from €35,321 to €46,425
- Trade debts -€4,678
down €4,678 (-89.5%), from €5,225 to €547
- Profit (loss) carried forward -€3,398
down €3,398 (-5.1%), from €67,244 to €63,846
- Gross operating margin +€24,483
up €24,483, from -€18,157 to €6,326
- Depreciation -€7,294
down €7,294 (-66.8%), from €10,911 to €3,617
- Financial charges -€2,363
down €2,363 (-46.9%), from €5,037 to €2,674
- Other operating charges +€1,286
up €1,286 (+66.4%), from €1,936 to €3,221
- Taxes +€209
up €209 (+4,907%), from €4 to €213
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 | €169,958 | €160,212 | -€9,746 | -5.7% |
| Fixed assets | 21/28 | €27,831 | €24,214 | -€3,617 | -13.0% |
| Tangible fixed assets | 22/27 | €27,831 | €24,214 | -€3,617 | -13.0% |
| Land and buildings | 22 | €16,609 | €15,612 | -€997 | -6.0% |
| Plant, machinery and equipment | 23 | €5,037 | €3,744 | -€1,293 | -25.7% |
| Furniture and vehicles | 24 | €1,666 | €1,024 | -€642 | -38.5% |
| Other tangible fixed assets | 26 | €4,519 | €3,833 | -€686 | -15.2% |
| Current assets | 29/58 | €142,127 | €135,998 | -€6,129 | -4.3% |
| Amounts receivable within one year | 40/41 | €1,051 | - | -€1,051 | |
| Trade receivables | 40 | €663 | - | -€663 | |
| Other amounts receivable | 41 | €388 | - | -€388 | |
| Cash at bank and in hand | 54/58 | €138,974 | €134,468 | -€4,506 | -3.2% |
| Deferred charges and accrued income | 490/1 | €2,102 | €1,529 | -€572 | -27.2% |
| Total equity and liabilities | 10/49 | €169,958 | €160,212 | -€9,746 | -5.7% |
| Equity | 10/15 | €78,303 | €74,905 | -€3,398 | -4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,859 | €4,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €67,244 | €63,846 | -€3,398 | -5.1% |
| Amounts payable | 17/49 | €91,655 | €85,307 | -€6,348 | -6.9% |
| Amounts payable after more than one year | 17 | €36,931 | €36,931 | = | 0.0% |
| Financial debts | 170/4 | €36,931 | €36,931 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,127 | €48,376 | +€7,248 | +17.6% |
| Trade debts | 44 | €5,225 | €547 | -€4,678 | -89.5% |
| Suppliers | 440/4 | €5,225 | €547 | -€4,678 | -89.5% |
| Taxes, remuneration and social security | 45 | €582 | €1,404 | +€822 | +141% |
| Taxes | 450/3 | €582 | €1,404 | +€822 | +141% |
| Other amounts payable | 47/48 | €35,321 | €46,425 | +€11,104 | +31.4% |
| Accrued charges and deferred income | 492/3 | €13,596 | - | -€13,596 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,911 | €3,617 | -€7,294 | -66.8% |
| Other operating charges | 640/8 | €1,936 | €3,221 | +€1,286 | +66.4% |
| Gross operating margin | 9900 | -€18,157 | €6,326 | +€24,483 | |
| Operating profit (loss) | 9901 | -€31,004 | -€512 | +€30,491 | +98.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,037 | €2,674 | -€2,363 | -46.9% |
| Recurring financial charges | 65 | €5,037 | €2,674 | -€2,363 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,041 | -€3,185 | +€32,856 | +91.2% |
| Income taxes | 67/77 | €4 | €213 | +€209 | +4,907% |
| Profit (loss) for the period | 9904 | -€36,045 | -€3,398 | +€32,647 | +90.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,045 | -€3,398 | +€32,647 | +90.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.