TELEYAS: 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.
TELEYAS
Largest movements
- Cash +€15,237
up €15,237 (+42.0%), from €36,301 to €51,538
mainly Net result for the year (+€19,583) and Depreciation (+€6,035)
- Receivables within one year +€9,251
up €9,251 (+71.3%), from €12,973 to €22,223
of which Trade receivables: +€8,651
- Tangible fixed assets -€2,048
down €2,048 (-9.8%), from €20,834 to €18,787
of which Furniture and vehicles: -€3,289
- Profit (loss) carried forward +€19,583
up €19,583 (+44.6%), from €43,952 to €63,536
- Tax, wage and social debts +€4,834
up €4,834 (+25.4%), from €19,030 to €23,865
of which Taxes: +€4,834
- Trade debts -€2,518
down €2,518 (-37.2%), from €6,764 to €4,246
- Turnover -€37,706
down €37,706 (-29.0%), from €130,199 to €92,493
- Gross operating margin -€28,900
down €28,900 (-46.2%), from €62,579 to €33,679
- Purchases and services -€9,864
down €9,864 (-13.7%), from €72,241 to €62,376
- Taxes -€6,183
down €6,183 (-54.3%), from €11,397 to €5,214
- Depreciation +€1,476
up €1,476 (+32.4%), from €4,559 to €6,035
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 | €70,880 | €92,548 | +€21,669 | +30.6% |
| Formation expenses | 20 | €772 | - | -€772 | |
| Fixed assets | 21/28 | €20,834 | €18,787 | -€2,048 | -9.8% |
| Tangible fixed assets | 22/27 | €20,834 | €18,787 | -€2,048 | -9.8% |
| Plant, machinery and equipment | 23 | €3,685 | €4,926 | +€1,241 | +33.7% |
| Furniture and vehicles | 24 | €17,150 | €13,860 | -€3,289 | -19.2% |
| Current assets | 29/58 | €49,274 | €73,762 | +€24,488 | +49.7% |
| Amounts receivable within one year | 40/41 | €12,973 | €22,223 | +€9,251 | +71.3% |
| Trade receivables | 40 | €12,973 | €21,623 | +€8,651 | +66.7% |
| Other amounts receivable | 41 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €36,301 | €51,538 | +€15,237 | +42.0% |
| Total equity and liabilities | 10/49 | €70,880 | €92,548 | +€21,669 | +30.6% |
| Equity | 10/15 | €44,452 | €64,036 | +€19,583 | +44.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | €500 | = | 0.0% |
| Other | 1109/19 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,952 | €63,536 | +€19,583 | +44.6% |
| Amounts payable | 17/49 | €26,427 | €28,513 | +€2,085 | +7.9% |
| Amounts payable within one year | 42/48 | €26,427 | €28,513 | +€2,085 | +7.9% |
| Trade debts | 44 | €6,764 | €4,246 | -€2,518 | -37.2% |
| Suppliers | 440/4 | €6,764 | €4,246 | -€2,518 | -37.2% |
| Taxes, remuneration and social security | 45 | €19,030 | €23,865 | +€4,834 | +25.4% |
| Taxes | 450/3 | €16,538 | €21,373 | +€4,834 | +29.2% |
| Remuneration and social security | 454/9 | €2,492 | €2,492 | = | 0.0% |
| Other amounts payable | 47/48 | €633 | €402 | -€231 | -36.5% |
| Turnover | 70 | €130,199 | €92,493 | -€37,706 | -29.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,241 | €62,376 | -€9,864 | -13.7% |
| Remuneration, social security and pensions | 62 | €874 | €992 | +€118 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,559 | €6,035 | +€1,476 | +32.4% |
| Other operating charges | 640/8 | €1,791 | €1,814 | +€23 | +1.3% |
| Gross operating margin | 9900 | €62,579 | €33,679 | -€28,900 | -46.2% |
| Operating profit (loss) | 9901 | €55,355 | €24,838 | -€30,517 | -55.1% |
| Financial charges | 65/66B | €6 | €40 | +€35 | +585.9% |
| Recurring financial charges | 65 | €6 | €40 | +€35 | +585.9% |
| Profit (loss) for the period before taxes | 9903 | €55,349 | €24,797 | -€30,552 | -55.2% |
| Income taxes | 67/77 | €11,397 | €5,214 | -€6,183 | -54.3% |
| Profit (loss) for the period | 9904 | €43,952 | €19,583 | -€24,369 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,952 | €19,583 | -€24,369 | -55.4% |
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 9 October 2026 via checked.be.