TELLUMO: 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.
TELLUMO
Largest movements
- Receivables within one year -€21,396
down €21,396 (-53.6%), from €39,938 to €18,542
of which Other amounts receivable: -€11,931
- Cash -€7,170
down €7,170 (-96.3%), from €7,448 to €278
mainly Net result for the year (-€25,659) and Trade debts (-€11,003)
- Tangible fixed assets -€3,925
down €3,925 (-27.5%), from €14,247 to €10,322
of which Furniture and vehicles: -€3,141
- Current investments +€3,000
up €3,000 (+23.1%), from €13,000 to €16,000
- Deferred charges and accrued income -€1,806
down €1,806 (-45.6%), from €3,960 to €2,153
- Profit (loss) carried forward -€25,659
down €25,659 (-15.2%), from -€168,778 to -€194,437
- Trade debts -€11,003
down €11,003 (-89.8%), from €12,250 to €1,246
- Tax, wage and social debts +€10,240
up €10,240 (+305%), from €3,357 to €13,597
of which Remuneration and social security: +€10,922
- Short-term financial debts -€2,489
down €2,489 (-94.6%), from €2,632 to €142
- Current portion of long-term debt -€2,385
down €2,385 (-58.6%), from €4,072 to €1,688
- Gross operating margin -€10,493
down €10,493 (-361%), from -€2,910 to -€13,404
- Taxes +€1,105
up €1,105 (+360%), from €307 to €1,412
- Staff costs +€392
up €392 (+15.8%), from €2,488 to €2,880
- Financial income -€389
down €389 (-89.4%), from €434 to €46
- Depreciation +€220
up €220 (+5.9%), from €3,704 to €3,925
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 | €78,592 | €47,295 | -€31,297 | -39.8% |
| Fixed assets | 21/28 | €14,247 | €10,322 | -€3,925 | -27.5% |
| Tangible fixed assets | 22/27 | €14,247 | €10,322 | -€3,925 | -27.5% |
| Plant, machinery and equipment | 23 | €141 | €0 | -€141 | -100% |
| Furniture and vehicles | 24 | €11,494 | €8,352 | -€3,141 | -27.3% |
| Other tangible fixed assets | 26 | €2,613 | €1,970 | -€643 | -24.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €64,345 | €36,973 | -€27,372 | -42.5% |
| Amounts receivable within one year | 40/41 | €39,938 | €18,542 | -€21,396 | -53.6% |
| Trade receivables | 40 | €19,965 | €10,500 | -€9,465 | -47.4% |
| Other amounts receivable | 41 | €19,973 | €8,042 | -€11,931 | -59.7% |
| Current investments | 50/53 | €13,000 | €16,000 | +€3,000 | +23.1% |
| Cash at bank and in hand | 54/58 | €7,448 | €278 | -€7,170 | -96.3% |
| Deferred charges and accrued income | 490/1 | €3,960 | €2,153 | -€1,806 | -45.6% |
| Total equity and liabilities | 10/49 | €78,592 | €47,295 | -€31,297 | -39.8% |
| Equity | 10/15 | €56,281 | €30,622 | -€25,659 | -45.6% |
| Contributions | 10/11 | €223,200 | €223,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,778 | -€194,437 | -€25,659 | -15.2% |
| Amounts payable | 17/49 | €22,311 | €16,673 | -€5,637 | -25.3% |
| Amounts payable within one year | 42/48 | €22,311 | €16,673 | -€5,637 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €4,072 | €1,688 | -€2,385 | -58.6% |
| Financial debts | 43 | €2,632 | €142 | -€2,489 | -94.6% |
| Credit institutions | 430/8 | €2,632 | €142 | -€2,489 | -94.6% |
| Trade debts | 44 | €12,250 | €1,246 | -€11,003 | -89.8% |
| Suppliers | 440/4 | €12,250 | €1,246 | -€11,003 | -89.8% |
| Taxes, remuneration and social security | 45 | €3,357 | €13,597 | +€10,240 | +305% |
| Taxes | 450/3 | €682 | €0 | -€682 | -100% |
| Remuneration and social security | 454/9 | €2,675 | €13,597 | +€10,922 | +408% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,488 | €2,880 | +€392 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,704 | €3,925 | +€220 | +5.9% |
| Other operating charges | 640/8 | €1,638 | €1,481 | -€157 | -9.6% |
| Non-recurring operating charges | 66A | - | €2,227 | +€2,227 | |
| Gross operating margin | 9900 | -€2,910 | -€13,404 | -€10,493 | -361% |
| Operating profit (loss) | 9901 | -€10,740 | -€23,916 | -€13,176 | -123% |
| Financial income | 75/76B | €434 | €46 | -€389 | -89.4% |
| Recurring financial income | 75 | €434 | €46 | -€389 | -89.4% |
| Financial charges | 65/66B | €371 | €377 | +€6 | +1.7% |
| Recurring financial charges | 65 | €371 | €377 | +€6 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,676 | -€24,247 | -€13,571 | -127% |
| Income taxes | 67/77 | €307 | €1,412 | +€1,105 | +360% |
| Profit (loss) for the period | 9904 | -€10,983 | -€25,659 | -€14,676 | -134% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,983 | -€25,659 | -€14,676 | -134% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.