TELKA: 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.
TELKA
Largest movements
- Tangible fixed assets -€3,686
down €3,686 (-6.3%), from €58,267 to €54,581
- Formation expenses +€849
new in 2025: €849
- Debts after one year -€3,986
down €3,986 (-17.7%), from €22,491 to €18,504
- Other debts +€2,023
up €2,023 (+8.0%), from €25,416 to €27,440
- Profit (loss) carried forward -€875
down €875 (-2.9%), from -€30,647 to -€31,522
- Gross operating margin +€952
up €952 (+18.0%), from €5,287 to €6,239
- Depreciation +€424
up €424 (+11.5%), from €3,686 to €4,111
- Financial charges -€161
down €161 (-10.0%), from €1,606 to €1,445
- Other operating charges +€73
up €73 (+4.9%), from €1,485 to €1,558
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 | €61,431 | €58,408 | -€3,023 | -4.9% |
| Formation expenses | 20 | - | €849 | +€849 | |
| Fixed assets | 21/28 | €60,488 | €56,802 | -€3,686 | -6.1% |
| Tangible fixed assets | 22/27 | €58,267 | €54,581 | -€3,686 | -6.3% |
| Land and buildings | 22 | €58,267 | €54,581 | -€3,686 | -6.3% |
| Financial fixed assets | 28 | €2,221 | €2,221 | = | 0.0% |
| Current assets | 29/58 | €943 | €758 | -€186 | -19.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €943 | €758 | -€186 | -19.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €61,431 | €58,408 | -€3,023 | -4.9% |
| Equity | 10/15 | €9,353 | €8,478 | -€875 | -9.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,647 | -€31,522 | -€875 | -2.9% |
| Amounts payable | 17/49 | €52,078 | €49,930 | -€2,148 | -4.1% |
| Amounts payable after more than one year | 17 | €22,491 | €18,504 | -€3,986 | -17.7% |
| Financial debts | 170/4 | €22,491 | €18,504 | -€3,986 | -17.7% |
| Amounts payable within one year | 42/48 | €29,588 | €31,426 | +€1,838 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €4,171 | €3,986 | -€185 | -4.4% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €25,416 | €27,440 | +€2,023 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,686 | €4,111 | +€424 | +11.5% |
| Other operating charges | 640/8 | €1,485 | €1,558 | +€73 | +4.9% |
| Non-recurring operating charges | 66A | €748 | €0 | -€748 | -100% |
| Gross operating margin | 9900 | €5,287 | €6,239 | +€952 | +18.0% |
| Operating profit (loss) | 9901 | -€633 | €570 | +€1,203 | |
| Financial charges | 65/66B | €1,606 | €1,445 | -€161 | -10.0% |
| Recurring financial charges | 65 | €1,606 | €1,445 | -€161 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,239 | -€875 | +€1,364 | +60.9% |
| Profit (loss) for the period | 9904 | -€2,239 | -€875 | +€1,364 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,239 | -€875 | +€1,364 | +60.9% |
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 13 October 2026 via checked.be.