TELIFRA: what changed
What changed
TELIFRA
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€771,304
2024 · €3.9m-€3.1m
Equity
€78.0m
2024 · €77.3m+€726,304
Cash
€523,917
2024 · €455,529+€68,387
Balance sheet total
€79.1m
2024 · €78.3m+€762,218
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€3.4m
down €3.4m (-85.8%), from €4.0m to €563,714
- Turnover +€149,117
up €149,117 (+4.0%), from €3.8m to €3.9m
- Staff costs -€108,851
down €108,851 (-11.3%), from €960,278 to €851,427
- Taxes +€93,764
up €93,764 (+103%), from €90,652 to €184,416
of which Taxes: +€93,764
- Financial charges -€83,910
down €83,910 (-63.6%), from €131,944 to €48,033
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3.9m
Turnover
+€149,117
Other operating income
+€10,598
Goods and materials
+€5,946
Services and other goods
+€54,652
Staff costs
+€108,851
Depreciation
-€27,731
Write-downs
+€1,255
Other operating charges
-€5,365
Other operating items
+€4,147
Financial income
-€3.4m
Financial charges
+€83,910
Taxes
-€93,764
Result 2025
€771,304
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
-€1.3m
Financing
-€45,000
Cash 2024
€455,529
From operations (derived)
+€1.4m
Net result for the year
+€771,304
Depreciation
+€673,354
Receivables after one year
-€138,117
Receivables within one year
-€12,003
Deferred charges and accrued income
+€58,926
Provisions
-€9,529
Trade debts
+€127,350
Tax, wage and social debts
+€11,566
Advances received
-€40
Other debts
-€28,775
Accrued charges and deferred income
-€64,659
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€886,618
Current investments
-€389,372
Financing
-€45,000
Contributions, distributions and other
-€45,000
Cash 2025
€523,917
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,340,275 | €79,102,492 | +€762,218 | +1.0% |
| Fixed assets | 21/28 | €63,147,141 | €63,360,404 | +€213,264 | +0.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €14,372,145 | €14,367,039 | -€5,106 | 0.0% |
| Land and buildings | 22 | €14,285,787 | €14,300,972 | +€15,185 | +0.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €86,358 | €66,067 | -€20,291 | -23.5% |
| Financial fixed assets | 28 | €48,774,996 | €48,993,366 | +€218,370 | +0.4% |
| Affiliated companies | 280/1 | €48,772,496 | €48,990,866 | +€218,370 | +0.4% |
| Participating interests | 280 | €40,272,496 | €40,272,496 | = | 0.0% |
| Amounts receivable | 281 | €8,500,000 | €8,718,370 | +€218,370 | +2.6% |
| Other financial fixed assets | 284/8 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €15,193,134 | €15,742,088 | +€548,954 | +3.6% |
| Amounts receivable after more than one year | 29 | €3,683,125 | €3,821,242 | +€138,117 | +3.7% |
| Other amounts receivable | 291 | €3,683,125 | €3,821,242 | +€138,117 | +3.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | - | = | |
| Goods purchased for resale | 34 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €633,378 | €645,382 | +€12,003 | +1.9% |
| Trade receivables | 40 | €74,739 | €181,297 | +€106,558 | +143% |
| Other amounts receivable | 41 | €558,640 | €464,085 | -€94,555 | -16.9% |
| Current investments | 50/53 | €10,337,451 | €10,726,822 | +€389,372 | +3.8% |
| Other investments | 51/53 | €10,337,451 | €10,726,822 | +€389,372 | +3.8% |
| Cash at bank and in hand | 54/58 | €455,529 | €523,917 | +€68,387 | +15.0% |
| Deferred charges and accrued income | 490/1 | €83,651 | €24,725 | -€58,926 | -70.4% |
| Total equity and liabilities | 10/49 | €78,340,275 | €79,102,492 | +€762,218 | +1.0% |
| Equity | 10/15 | €77,314,585 | €78,040,888 | +€726,304 | +0.9% |
| Contributions | 10/11 | €26,600,000 | €26,600,000 | = | 0.0% |
| Capital | 10 | €26,600,000 | €26,600,000 | = | 0.0% |
| Issued capital | 100 | €26,600,000 | €26,600,000 | = | 0.0% |
| Reserves | 13 | €50,714,585 | €51,440,888 | +€726,304 | +1.4% |
| Non-distributable reserves | 130/1 | €11,210,000 | €11,210,000 | = | 0.0% |
| Legal reserve | 130 | €2,660,000 | €2,660,000 | = | 0.0% |
| Financial assistance | 1313 | €8,550,000 | €8,550,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €669,283 | €1,061,697 | +€392,413 | +58.6% |
| Distributable reserves | 133 | €38,835,301 | €39,169,192 | +€333,890 | +0.9% |
| Provisions and deferred taxes | 16 | €223,094 | €213,566 | -€9,529 | -4.3% |
| Deferred taxes | 168 | €223,094 | €213,566 | -€9,529 | -4.3% |
| Amounts payable | 17/49 | €802,596 | €848,038 | +€45,443 | +5.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €674,493 | €784,595 | +€110,102 | +16.3% |
| Trade debts | 44 | €232,604 | €359,954 | +€127,350 | +54.7% |
| Suppliers | 440/4 | €232,604 | €359,954 | +€127,350 | +54.7% |
| Advances received on contracts in progress | 46 | €95 | €55 | -€40 | -42.0% |
| Taxes, remuneration and social security | 45 | €158,913 | €170,479 | +€11,566 | +7.3% |
| Taxes | 450/3 | €15,663 | €30,379 | +€14,716 | +94.0% |
| Remuneration and social security | 454/9 | €143,250 | €140,100 | -€3,150 | -2.2% |
| Other amounts payable | 47/48 | €282,882 | €254,107 | -€28,775 | -10.2% |
| Accrued charges and deferred income | 492/3 | €128,103 | €63,443 | -€64,659 | -50.5% |
| Operating income | 70/76A | €3,874,655 | €4,034,370 | +€159,715 | +4.1% |
| Turnover | 70 | €3,761,962 | €3,911,079 | +€149,117 | +4.0% |
| Other operating income | 74 | €112,693 | €123,291 | +€10,598 | +9.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €3,745,614 | €3,603,860 | -€141,754 | -3.8% |
| Goods for resale, raw materials and consumables | 60 | €5,946 | €0 | -€5,946 | -100% |
| Change in stocks: decrease (increase) | 609 | €5,946 | €0 | -€5,946 | -100% |
| Services and other goods | 61 | €1,937,859 | €1,883,207 | -€54,652 | -2.8% |
| Remuneration, social security and pensions | 62 | €960,278 | €851,427 | -€108,851 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645,623 | €673,354 | +€27,731 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,255 | -€1,255 | |
| Other operating charges | 640/8 | €191,678 | €197,043 | +€5,365 | +2.8% |
| Non-recurring operating charges | 66A | €4,230 | €83 | -€4,147 | -98.0% |
| Operating profit (loss) | 9901 | €129,041 | €430,511 | +€301,469 | +234% |
| Financial income | 75/76B | €3,977,757 | €563,714 | -€3.4m | -85.8% |
| Recurring financial income | 75 | €3,977,757 | €563,714 | -€3.4m | -85.8% |
| Income from financial fixed assets | 750 | €3,600,000 | €0 | -€3.6m | -100% |
| Income from current assets | 751 | €367,609 | €551,670 | +€184,061 | +50.1% |
| Other financial income | 752/9 | €10,148 | €12,044 | +€1,896 | +18.7% |
| Financial charges | 65/66B | €131,944 | €48,033 | -€83,910 | -63.6% |
| Recurring financial charges | 65 | €131,944 | €48,033 | -€83,910 | -63.6% |
| Debt charges | 650 | €101,834 | €14,617 | -€87,217 | -85.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €30,110 | €33,417 | +€3,307 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €3,974,855 | €946,191 | -€3.0m | -76.2% |
| Transfer from deferred taxes | 780 | €9,529 | €9,529 | = | 0.0% |
| Income taxes | 67/77 | €90,652 | €184,416 | +€93,764 | +103% |
| Taxes | 670/3 | €90,652 | €184,416 | +€93,764 | +103% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €3,893,731 | €771,304 | -€3.1m | -80.2% |
| Transfer from tax-exempt reserves | 789 | €28,587 | €28,587 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €421,000 | +€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,922,318 | €378,890 | -€3.5m | -90.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.