Telloport: 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.
Telloport
Largest movements
- Cash -€99,559
down €99,559 (-90.4%), from €110,125 to €10,566
mainly Net result for the year (-€261,332) and Investment in fixed assets (net) (-€250,142)
- Receivables within one year +€34,953
up €34,953 (+33.2%), from €105,416 to €140,368
of which Trade receivables: +€33,298
- Stocks and contracts -€31,779
down €31,779 (-38.8%), from €81,839 to €50,060
of which Contracts in progress: -€19,686
- Tangible fixed assets -€19,063
down €19,063 (-26.5%), from €71,976 to €52,912
of which Furniture and vehicles: -€15,156
- Intangible fixed assets +€12,093
up €12,093 (+2.9%), from €412,068 to €424,161
- Profit (loss) carried forward -€261,332
down €261,332 (-26.8%), from -€974,819 to -€1.2m
- Short-term financial debts +€200,001
new in 2025: €200,001
- Debts after one year -€40,485
down €40,485 (-12.0%), from €336,673 to €296,188
- Current portion of long-term debt +€33,250
up €33,250 (+13.9%), from €238,523 to €271,772
- Tax, wage and social debts -€27,144
down €27,144 (-38.7%), from €70,192 to €43,047
of which Remuneration and social security: -€14,943
- Gross operating margin +€291,884
up €291,884, from -€43,791 to €248,093
- Depreciation +€61,318
up €61,318 (+31.6%), from €193,754 to €255,073
- Staff costs -€15,437
down €15,437 (-6.5%), from €237,592 to €222,154
- Write-downs -€3,940
down €3,940, from €0 to -€3,940
- Financial charges +€2,781
up €2,781 (+8.7%), from €32,133 to €34,914
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 | €788,078 | €688,091 | -€99,988 | -12.7% |
| Fixed assets | 21/28 | €484,043 | €479,113 | -€4,930 | -1.0% |
| Intangible fixed assets | 21 | €412,068 | €424,161 | +€12,093 | +2.9% |
| Tangible fixed assets | 22/27 | €71,976 | €52,912 | -€19,063 | -26.5% |
| Plant, machinery and equipment | 23 | €14,031 | €10,124 | -€3,907 | -27.8% |
| Furniture and vehicles | 24 | €57,945 | €42,789 | -€15,156 | -26.2% |
| Financial fixed assets | 28 | - | €2,040 | +€2,040 | |
| Current assets | 29/58 | €304,035 | €208,977 | -€95,057 | -31.3% |
| Stocks and contracts in progress | 3 | €81,839 | €50,060 | -€31,779 | -38.8% |
| Stocks | 30/36 | €62,153 | €50,060 | -€12,093 | -19.5% |
| Contracts in progress | 37 | €19,686 | €0 | -€19,686 | -100% |
| Amounts receivable within one year | 40/41 | €105,416 | €140,368 | +€34,953 | +33.2% |
| Trade receivables | 40 | €80,836 | €114,134 | +€33,298 | +41.2% |
| Other amounts receivable | 41 | €24,580 | €26,235 | +€1,655 | +6.7% |
| Cash at bank and in hand | 54/58 | €110,125 | €10,566 | -€99,559 | -90.4% |
| Deferred charges and accrued income | 490/1 | €6,655 | €7,983 | +€1,328 | +20.0% |
| Total equity and liabilities | 10/49 | €788,078 | €688,091 | -€99,988 | -12.7% |
| Equity | 10/15 | €12,196 | -€249,136 | -€261,332 | |
| Contributions | 10/11 | €982,400 | €982,400 | = | 0.0% |
| Reserves | 13 | €4,615 | €4,615 | = | 0.0% |
| Distributable reserves | 133 | €4,615 | €4,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€974,819 | -€1,236,151 | -€261,332 | -26.8% |
| Amounts payable | 17/49 | €775,882 | €937,227 | +€161,345 | +20.8% |
| Amounts payable after more than one year | 17 | €336,673 | €296,188 | -€40,485 | -12.0% |
| Financial debts | 170/4 | €336,673 | €296,188 | -€40,485 | -12.0% |
| Amounts payable within one year | 42/48 | €428,972 | €630,638 | +€201,666 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €238,523 | €271,772 | +€33,250 | +13.9% |
| Financial debts | 43 | - | €200,001 | +€200,001 | |
| Credit institutions | 430/8 | - | €200,001 | +€200,001 | |
| Trade debts | 44 | €119,684 | €115,652 | -€4,032 | -3.4% |
| Suppliers | 440/4 | €119,684 | €115,652 | -€4,032 | -3.4% |
| Taxes, remuneration and social security | 45 | €70,192 | €43,047 | -€27,144 | -38.7% |
| Taxes | 450/3 | €12,202 | €0 | -€12,202 | -100% |
| Remuneration and social security | 454/9 | €57,990 | €43,047 | -€14,943 | -25.8% |
| Other amounts payable | 47/48 | €574 | €165 | -€409 | -71.2% |
| Accrued charges and deferred income | 492/3 | €10,237 | €10,401 | +€164 | +1.6% |
| Remuneration, social security and pensions | 62 | €237,592 | €222,154 | -€15,437 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,754 | €255,073 | +€61,318 | +31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | -€3,940 | -€3,940 | |
| Other operating charges | 640/8 | €1,364 | €1,296 | -€68 | -5.0% |
| Gross operating margin | 9900 | -€43,791 | €248,093 | +€291,884 | |
| Operating profit (loss) | 9901 | -€476,502 | -€226,491 | +€250,011 | +52.5% |
| Financial income | 75/76B | €1,878 | €98 | -€1,780 | -94.8% |
| Recurring financial income | 75 | €1,878 | €98 | -€1,780 | -94.8% |
| Financial charges | 65/66B | €32,133 | €34,914 | +€2,781 | +8.7% |
| Recurring financial charges | 65 | €32,133 | €34,914 | +€2,781 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€506,757 | -€261,307 | +€245,450 | +48.4% |
| Income taxes | 67/77 | -€34 | €25 | +€59 | |
| Profit (loss) for the period | 9904 | -€506,724 | -€261,332 | +€245,391 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€506,724 | -€261,332 | +€245,391 | +48.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.