TELLAER: 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.
TELLAER
Largest movements
- Tangible fixed assets -€12,304
down €12,304 (-33.3%), from €36,913 to €24,609
- Profit (loss) carried forward -€14,155
down €14,155 (-3,531%), from -€401 to -€14,556
- Other debts +€2,234
up €2,234 (+5.9%), from €37,778 to €40,012
- Gross operating margin -€671
down €671 (-82.6%), from -€813 to -€1,484
- Other operating charges -€153
down €153 (-26.5%), from €576 to €423
- Taxes +€18
up €18 (+43.2%), from -€41 to -€23
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 | €56,362 | €44,262 | -€12,100 | -21.5% |
| Fixed assets | 21/28 | €36,913 | €24,609 | -€12,304 | -33.3% |
| Tangible fixed assets | 22/27 | €36,913 | €24,609 | -€12,304 | -33.3% |
| Furniture and vehicles | 24 | €36,913 | €24,609 | -€12,304 | -33.3% |
| Current assets | 29/58 | €19,450 | €19,654 | +€204 | +1.0% |
| Stocks and contracts in progress | 3 | €101 | €86 | -€15 | -15.1% |
| Stocks | 30/36 | €101 | €86 | -€15 | -15.1% |
| Amounts receivable within one year | 40/41 | €41 | €265 | +€224 | +549% |
| Other amounts receivable | 41 | €41 | €265 | +€224 | +549% |
| Cash at bank and in hand | 54/58 | €15,960 | €16,090 | +€130 | +0.8% |
| Deferred charges and accrued income | 490/1 | €3,348 | €3,214 | -€134 | -4.0% |
| Total equity and liabilities | 10/49 | €56,362 | €44,262 | -€12,100 | -21.5% |
| Equity | 10/15 | €18,199 | €4,044 | -€14,155 | -77.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€401 | -€14,556 | -€14,155 | -3,531% |
| Amounts payable | 17/49 | €38,163 | €40,218 | +€2,055 | +5.4% |
| Amounts payable within one year | 42/48 | €37,975 | €40,218 | +€2,243 | +5.9% |
| Trade debts | 44 | €12 | €93 | +€81 | +668% |
| Suppliers | 440/4 | €12 | €93 | +€81 | +668% |
| Taxes, remuneration and social security | 45 | €184 | €113 | -€72 | -38.8% |
| Taxes | 450/3 | €184 | €113 | -€72 | -38.8% |
| Other amounts payable | 47/48 | €37,778 | €40,012 | +€2,234 | +5.9% |
| Accrued charges and deferred income | 492/3 | €189 | - | -€189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,304 | €12,304 | = | 0.0% |
| Other operating charges | 640/8 | €576 | €423 | -€153 | -26.5% |
| Gross operating margin | 9900 | -€813 | -€1,484 | -€671 | -82.6% |
| Operating profit (loss) | 9901 | -€13,692 | -€14,211 | -€518 | -3.8% |
| Financial income | 75/76B | €86 | €80 | -€5 | -6.3% |
| Recurring financial income | 75 | €86 | €80 | -€5 | -6.3% |
| Financial charges | 65/66B | €55 | €47 | -€8 | -13.7% |
| Recurring financial charges | 65 | €55 | €47 | -€8 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,662 | -€14,178 | -€516 | -3.8% |
| Income taxes | 67/77 | -€41 | -€23 | +€18 | +43.2% |
| Profit (loss) for the period | 9904 | -€13,621 | -€14,155 | -€534 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,621 | -€14,155 | -€534 | -3.9% |
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 14 October 2026 via checked.be.