TELLUS CONSULTANCY: 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.
TELLUS CONSULTANCY
Largest movements
- Current investments -€35,121
down €35,121 (-29.3%), from €119,733 to €84,611
- Cash -€5,137
down €5,137 (-18.4%), from €27,959 to €22,822
mainly Contributions, distributions and other (-€207,060) and Tax, wage and social debts (-€18,425)
- Receivables within one year +€4,143
up €4,143 (+3.4%), from €122,635 to €126,778
of which Other amounts receivable: +€4,266
- Reserves -€126,321
down €126,321 (-61.0%), from €207,060 to €80,739
- Other debts +€99,552
up €99,552 (+7588.2%), from €1,312 to €100,864
- Tax, wage and social debts -€18,425
down €18,425 (-44.4%), from €41,542 to €23,117
of which Taxes: -€20,856
- Trade debts +€9,548
up €9,548 (+59.0%), from €16,170 to €25,718
- Financial income +€2,921
up €2,921 (+123.9%), from €2,358 to €5,279
- Gross operating margin -€1,828
down €1,828 (-1.8%), from €102,815 to €100,987
- Depreciation +€1,162
up €1,162 (+154.5%), from €752 to €1,914
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.
Cash bridge derived
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 | €276,084 | €240,438 | -€35,645 | -12.9% |
| Fixed assets | 21/28 | €5,757 | €6,226 | +€470 | +8.2% |
| Tangible fixed assets | 22/27 | €5,717 | €6,186 | +€470 | +8.2% |
| Plant, machinery and equipment | 23 | €3,197 | €1,990 | -€1,207 | -37.8% |
| Furniture and vehicles | 24 | €2,520 | €4,196 | +€1,676 | +66.5% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €270,327 | €234,212 | -€36,115 | -13.4% |
| Amounts receivable within one year | 40/41 | €122,635 | €126,778 | +€4,143 | +3.4% |
| Trade receivables | 40 | €122,635 | €122,513 | -€122 | -0.1% |
| Other amounts receivable | 41 | - | €4,266 | +€4,266 | |
| Current investments | 50/53 | €119,733 | €84,611 | -€35,121 | -29.3% |
| Cash at bank and in hand | 54/58 | €27,959 | €22,822 | -€5,137 | -18.4% |
| Total equity and liabilities | 10/49 | €276,084 | €240,438 | -€35,645 | -12.9% |
| Equity | 10/15 | €217,060 | €90,739 | -€126,321 | -58.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €207,060 | €80,739 | -€126,321 | -61.0% |
| Distributable reserves | 133 | €207,060 | €80,739 | -€126,321 | -61.0% |
| Amounts payable | 17/49 | €59,024 | €149,699 | +€90,675 | +153.6% |
| Amounts payable within one year | 42/48 | €59,024 | €149,699 | +€90,675 | +153.6% |
| Trade debts | 44 | €16,170 | €25,718 | +€9,548 | +59.0% |
| Suppliers | 440/4 | €16,170 | €25,718 | +€9,548 | +59.0% |
| Taxes, remuneration and social security | 45 | €41,542 | €23,117 | -€18,425 | -44.4% |
| Taxes | 450/3 | €41,542 | €20,686 | -€20,856 | -50.2% |
| Remuneration and social security | 454/9 | - | €2,431 | +€2,431 | |
| Other amounts payable | 47/48 | €1,312 | €100,864 | +€99,552 | +7588.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €752 | €1,914 | +€1,162 | +154.5% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €102,815 | €100,987 | -€1,828 | -1.8% |
| Operating profit (loss) | 9901 | €101,536 | €98,529 | -€3,006 | -3.0% |
| Financial income | 75/76B | €2,358 | €5,279 | +€2,921 | +123.9% |
| Recurring financial income | 75 | €2,358 | €5,279 | +€2,921 | +123.9% |
| Financial charges | 65/66B | €1,596 | €1,135 | -€462 | -28.9% |
| Recurring financial charges | 65 | €1,596 | €1,135 | -€462 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €102,297 | €102,674 | +€376 | +0.4% |
| Income taxes | 67/77 | €21,767 | €21,935 | +€168 | +0.8% |
| Profit (loss) for the period | 9904 | €80,530 | €80,739 | +€209 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,530 | €80,739 | +€209 | +0.3% |
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 12 October 2026 via checked.be.