TELLIER - MONCOUSIN: 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.
TELLIER - MONCOUSIN
Largest movements
- Receivables within one year +€8,157
up €8,157 (+119%), from €6,845 to €15,003
of which Trade receivables: +€8,157
- Cash -€3,238
down €3,238 (-18.2%), from €17,771 to €14,533
mainly Receivables within one year (-€8,157) and Other debts (-€7,417)
- Stocks and contracts -€2,477
down €2,477 (-5.1%), from €48,686 to €46,209
- Tangible fixed assets -€1,652
down €1,652 (-10.6%), from €15,555 to €13,903
of which Furniture and vehicles: -€1,652
- Reserves +€7,990
up €7,990 (+13.0%), from €61,595 to €69,584
of which Distributable reserves: +€7,990
- Other debts -€7,417
down €7,417 (-99.5%), from €7,455 to €38
- Tax, wage and social debts -€4,039
down €4,039 (-31.3%), from €12,897 to €8,858
- Trade debts +€3,491
up €3,491 (+70.0%), from €4,991 to €8,483
- Gross operating margin +€5,682
up €5,682 (+45.1%), from €12,609 to €18,291
- Taxes +€3,050
up €3,050 (+121%), from €2,524 to €5,575
- Financial income +€727
up €727 (+195%), from €373 to €1,100
- Other operating charges +€446
up €446 (+15.9%), from €2,801 to €3,247
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 | €88,858 | €89,648 | +€790 | +0.9% |
| Fixed assets | 21/28 | €15,555 | €13,903 | -€1,652 | -10.6% |
| Tangible fixed assets | 22/27 | €15,555 | €13,903 | -€1,652 | -10.6% |
| Land and buildings | 22 | €4,928 | €4,928 | = | 0.0% |
| Furniture and vehicles | 24 | €10,628 | €8,976 | -€1,652 | -15.5% |
| Current assets | 29/58 | €73,302 | €75,745 | +€2,442 | +3.3% |
| Stocks and contracts in progress | 3 | €48,686 | €46,209 | -€2,477 | -5.1% |
| Stocks | 30/36 | €48,686 | €46,209 | -€2,477 | -5.1% |
| Amounts receivable within one year | 40/41 | €6,845 | €15,003 | +€8,157 | +119% |
| Trade receivables | 40 | €2,845 | €11,003 | +€8,157 | +287% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,771 | €14,533 | -€3,238 | -18.2% |
| Total equity and liabilities | 10/49 | €88,858 | €89,648 | +€790 | +0.9% |
| Equity | 10/15 | €61,595 | €69,584 | +€7,990 | +13.0% |
| Reserves | 13 | €61,595 | €69,584 | +€7,990 | +13.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €59,095 | €67,084 | +€7,990 | +13.5% |
| Amounts payable | 17/49 | €27,263 | €20,064 | -€7,199 | -26.4% |
| Amounts payable within one year | 42/48 | €27,263 | €20,064 | -€7,199 | -26.4% |
| Trade debts | 44 | €4,991 | €8,483 | +€3,491 | +70.0% |
| Suppliers | 440/4 | €4,991 | €8,483 | +€3,491 | +70.0% |
| Advances received on contracts in progress | 46 | €1,920 | €2,685 | +€765 | +39.8% |
| Taxes, remuneration and social security | 45 | €12,897 | €8,858 | -€4,039 | -31.3% |
| Taxes | 450/3 | €12,897 | €8,858 | -€4,039 | -31.3% |
| Other amounts payable | 47/48 | €7,455 | €38 | -€7,417 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,652 | €1,652 | = | 0.0% |
| Other operating charges | 640/8 | €2,801 | €3,247 | +€446 | +15.9% |
| Gross operating margin | 9900 | €12,609 | €18,291 | +€5,682 | +45.1% |
| Operating profit (loss) | 9901 | €8,156 | €13,392 | +€5,236 | +64.2% |
| Financial income | 75/76B | €373 | €1,100 | +€727 | +195% |
| Recurring financial income | 75 | €373 | €1,100 | +€727 | +195% |
| Financial charges | 65/66B | €967 | €928 | -€38 | -4.0% |
| Recurring financial charges | 65 | €967 | €928 | -€38 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €7,563 | €13,564 | +€6,002 | +79.4% |
| Income taxes | 67/77 | €2,524 | €5,575 | +€3,050 | +121% |
| Profit (loss) for the period | 9904 | €5,038 | €7,990 | +€2,952 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,038 | €7,990 | +€2,952 | +58.6% |
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 30 October 2026 via checked.be.