TELLENT: 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.
TELLENT
Largest movements
- Cash +€186,462
up €186,462 (+89.6%), from €208,056 to €394,519
mainly Net result for the year (+€218,516) and Depreciation (+€60,315)
- Tangible fixed assets -€61,158
down €61,158 (-11.5%), from €534,024 to €472,865
- Receivables within one year +€50,756
up €50,756 (+70.5%), from €72,020 to €122,776
of which Trade receivables: +€41,848
- Current investments +€26,078
up €26,078 (+22.4%), from €116,388 to €142,466
- Reserves +€218,516
up €218,516 (+68.4%), from €319,251 to €537,767
of which Distributable reserves: +€256,406
- Debts after one year -€25,355
down €25,355 (-6.4%), from €395,985 to €370,630
- Tax, wage and social debts +€12,967
up €12,967 (+36.0%), from €35,997 to €48,963
of which Taxes: +€12,523
- Gross operating margin +€137,469
up €137,469 (+36.3%), from €378,342 to €515,811
- Staff costs +€28,502
up €28,502 (+23.0%), from €123,826 to €152,328
- Taxes +€23,568
up €23,568 (+58.2%), from €40,472 to €64,041
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 | €946,621 | €1,156,985 | +€210,364 | +22.2% |
| Fixed assets | 21/28 | €534,563 | €473,197 | -€61,367 | -11.5% |
| Intangible fixed assets | 21 | €540 | €331 | -€208 | -38.6% |
| Tangible fixed assets | 22/27 | €534,024 | €472,865 | -€61,158 | -11.5% |
| Furniture and vehicles | 24 | €37,076 | €21,354 | -€15,722 | -42.4% |
| Leasing and similar rights | 25 | €421,172 | €391,024 | -€30,148 | -7.2% |
| Other tangible fixed assets | 26 | €75,775 | €60,488 | -€15,287 | -20.2% |
| Current assets | 29/58 | €412,058 | €683,789 | +€271,731 | +65.9% |
| Amounts receivable within one year | 40/41 | €72,020 | €122,776 | +€50,756 | +70.5% |
| Trade receivables | 40 | €69,847 | €111,695 | +€41,848 | +59.9% |
| Other amounts receivable | 41 | €2,173 | €11,081 | +€8,908 | +410% |
| Current investments | 50/53 | €116,388 | €142,466 | +€26,078 | +22.4% |
| Cash at bank and in hand | 54/58 | €208,056 | €394,519 | +€186,462 | +89.6% |
| Deferred charges and accrued income | 490/1 | €15,594 | €24,028 | +€8,434 | +54.1% |
| Total equity and liabilities | 10/49 | €946,621 | €1,156,985 | +€210,364 | +22.2% |
| Equity | 10/15 | €337,851 | €556,367 | +€218,516 | +64.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,251 | €537,767 | +€218,516 | +68.4% |
| Tax-exempt reserves | 132 | €88,410 | €50,520 | -€37,890 | -42.9% |
| Distributable reserves | 133 | €230,841 | €487,247 | +€256,406 | +111% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €608,771 | €600,618 | -€8,152 | -1.3% |
| Amounts payable after more than one year | 17 | €395,985 | €370,630 | -€25,355 | -6.4% |
| Financial debts | 170/4 | €395,985 | €370,630 | -€25,355 | -6.4% |
| Amounts payable within one year | 42/48 | €210,971 | €227,933 | +€16,963 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €24,616 | €25,355 | +€739 | +3.0% |
| Trade debts | 44 | €16,850 | €16,305 | -€545 | -3.2% |
| Suppliers | 440/4 | €16,850 | €16,305 | -€545 | -3.2% |
| Taxes, remuneration and social security | 45 | €35,997 | €48,963 | +€12,967 | +36.0% |
| Taxes | 450/3 | €13,407 | €25,930 | +€12,523 | +93.4% |
| Remuneration and social security | 454/9 | €22,590 | €23,033 | +€444 | +2.0% |
| Other amounts payable | 47/48 | €133,508 | €137,310 | +€3,802 | +2.8% |
| Accrued charges and deferred income | 492/3 | €1,815 | €2,055 | +€240 | +13.2% |
| Remuneration, social security and pensions | 62 | €123,826 | €152,328 | +€28,502 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,835 | €60,315 | -€2,520 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,754 | -€4,913 | -€1,159 | -30.9% |
| Other operating charges | 640/8 | €2,484 | €4,256 | +€1,772 | +71.4% |
| Gross operating margin | 9900 | €378,342 | €515,811 | +€137,469 | +36.3% |
| Operating profit (loss) | 9901 | €192,951 | €303,826 | +€110,874 | +57.5% |
| Financial income | 75/76B | €1,983 | €4,597 | +€2,614 | +132% |
| Recurring financial income | 75 | €1,983 | €4,597 | +€2,614 | +132% |
| Financial charges | 65/66B | €25,689 | €25,865 | +€176 | +0.7% |
| Recurring financial charges | 65 | €25,689 | €25,865 | +€176 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €169,246 | €282,557 | +€113,311 | +67.0% |
| Income taxes | 67/77 | €40,472 | €64,041 | +€23,568 | +58.2% |
| Profit (loss) for the period | 9904 | €128,773 | €218,516 | +€89,743 | +69.7% |
| Transfer from tax-exempt reserves | 789 | - | €37,890 | +€37,890 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €128,773 | €256,406 | +€127,633 | +99.1% |
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 25 October 2026 via checked.be.