TELINVIA: 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.
TELINVIA
Largest movements
- Financial fixed assets +€315,675
up €315,675 (+12.9%), from €2.5m to €2.8m
- Receivables within one year -€239,684
down €239,684 (-71.8%), from €334,043 to €94,359
of which Other amounts receivable: -€230,004
- Debts after one year -€375,169
down €375,169 (-27.0%), from €1.4m to €1.0m
- Profit (loss) carried forward +€205,635
up €205,635 (+42.7%), from €481,413 to €687,047
- Reserves +€99,777
up €99,777 (+78.4%), from €127,190 to €226,967
of which Tax-exempt reserves: +€99,777
- Current portion of long-term debt +€89,523
up €89,523 (+29.5%), from €303,622 to €393,145
- Other debts +€50,928
up €50,928 (+12.2%), from €416,012 to €466,940
- Financial income +€346,704
up €346,704 (+239387.0%), from €145 to €346,849
- Gross operating margin -€297,713
down €297,713 (-77.8%), from €382,430 to €84,717
- Taxes -€12,981
down €12,981 (-17.4%), from €74,619 to €61,638
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,819,816 | €2,868,057 | +€48,241 | +1.7% |
| Fixed assets | 21/28 | €2,450,000 | €2,766,825 | +€316,825 | +12.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €1,150 | +€1,150 | |
| Furniture and vehicles | 24 | €0 | €1,150 | +€1,150 | |
| Financial fixed assets | 28 | €2,450,000 | €2,765,675 | +€315,675 | +12.9% |
| Current assets | 29/58 | €369,816 | €101,232 | -€268,584 | -72.6% |
| Amounts receivable within one year | 40/41 | €334,043 | €94,359 | -€239,684 | -71.8% |
| Trade receivables | 40 | €16,360 | €6,680 | -€9,680 | -59.2% |
| Other amounts receivable | 41 | €317,683 | €87,679 | -€230,004 | -72.4% |
| Cash at bank and in hand | 54/58 | €32,071 | €6,856 | -€25,215 | -78.6% |
| Deferred charges and accrued income | 490/1 | €3,702 | €16 | -€3,686 | -99.6% |
| Total equity and liabilities | 10/49 | €2,819,816 | €2,868,057 | +€48,241 | +1.7% |
| Equity | 10/15 | €628,603 | €934,014 | +€305,412 | +48.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €127,190 | €226,967 | +€99,777 | +78.4% |
| Non-distributable reserves | 130/1 | €5,100 | €5,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,100 | €5,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €122,090 | €221,867 | +€99,777 | +81.7% |
| Profit (loss) carried forward | 14 | €481,413 | €687,047 | +€205,635 | +42.7% |
| Amounts payable | 17/49 | €2,191,213 | €1,934,042 | -€257,171 | -11.7% |
| Amounts payable after more than one year | 17 | €1,390,517 | €1,015,347 | -€375,169 | -27.0% |
| Financial debts | 170/4 | €1,390,517 | €1,015,347 | -€375,169 | -27.0% |
| Amounts payable within one year | 42/48 | €800,499 | €917,727 | +€117,228 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €303,622 | €393,145 | +€89,523 | +29.5% |
| Financial debts | 43 | €24,000 | €24,000 | = | 0.0% |
| Credit institutions | 430/8 | €24,000 | €24,000 | = | 0.0% |
| Trade debts | 44 | €15,738 | €13,939 | -€1,799 | -11.4% |
| Suppliers | 440/4 | €15,738 | €13,939 | -€1,799 | -11.4% |
| Taxes, remuneration and social security | 45 | €41,127 | €19,703 | -€21,424 | -52.1% |
| Taxes | 450/3 | €36,820 | €15,396 | -€21,424 | -58.2% |
| Remuneration and social security | 454/9 | €4,306 | €4,306 | = | 0.0% |
| Other amounts payable | 47/48 | €416,012 | €466,940 | +€50,928 | +12.2% |
| Accrued charges and deferred income | 492/3 | €197 | €968 | +€771 | +390.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24 | €118 | +€94 | +389.9% |
| Other operating charges | 640/8 | €248 | €3,949 | +€3,701 | +1495.3% |
| Gross operating margin | 9900 | €382,430 | €84,717 | -€297,713 | -77.8% |
| Operating profit (loss) | 9901 | €382,159 | €80,650 | -€301,509 | -78.9% |
| Financial income | 75/76B | €145 | €346,849 | +€346,704 | +239387.0% |
| Recurring financial income | 75 | €145 | €346,849 | +€346,704 | +239387.0% |
| Financial charges | 65/66B | €58,173 | €60,449 | +€2,276 | +3.9% |
| Recurring financial charges | 65 | €58,173 | €60,449 | +€2,276 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €324,131 | €367,050 | +€42,919 | +13.2% |
| Income taxes | 67/77 | €74,619 | €61,638 | -€12,981 | -17.4% |
| Profit (loss) for the period | 9904 | €249,511 | €305,412 | +€55,900 | +22.4% |
| Transfer to tax-exempt reserves | 689 | €122,090 | €99,777 | -€22,313 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €127,421 | €205,635 | +€78,213 | +61.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.