Telmacom: 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.
Telmacom
Largest movements
- Receivables within one year -€200,200
down €200,200 (-90.5%), from €221,136 to €20,936
of which Other amounts receivable: -€205,100
- Debts after one year -€201,922
down €201,922 (-33.0%), from €611,721 to €409,799
- Financial income -€137,000
down €137,000 (-97.9%), from €140,000 to €3,000
- Gross operating margin +€4,826
up €4,826 (+286%), from €1,689 to €6,515
- Financial charges -€1,947
down €1,947 (-21.6%), from €9,009 to €7,062
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 | €2,416,117 | €2,220,712 | -€195,404 | -8.1% |
| Fixed assets | 21/28 | €2,190,470 | €2,190,470 | = | 0.0% |
| Financial fixed assets | 28 | €2,190,470 | €2,190,470 | = | 0.0% |
| Current assets | 29/58 | €225,647 | €30,243 | -€195,404 | -86.6% |
| Amounts receivable within one year | 40/41 | €221,136 | €20,936 | -€200,200 | -90.5% |
| Trade receivables | 40 | €13,036 | €17,936 | +€4,900 | +37.6% |
| Other amounts receivable | 41 | €208,100 | €3,000 | -€205,100 | -98.6% |
| Cash at bank and in hand | 54/58 | €4,511 | €9,306 | +€4,795 | +106% |
| Total equity and liabilities | 10/49 | €2,416,117 | €2,220,712 | -€195,404 | -8.1% |
| Equity | 10/15 | €1,536,494 | €1,537,727 | +€1,233 | +0.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,236,494 | €1,237,727 | +€1,233 | +0.1% |
| Distributable reserves | 133 | €1,236,494 | €1,237,727 | +€1,233 | +0.1% |
| Amounts payable | 17/49 | €879,623 | €682,986 | -€196,637 | -22.4% |
| Amounts payable after more than one year | 17 | €611,721 | €409,799 | -€201,922 | -33.0% |
| Financial debts | 170/4 | €611,721 | €409,799 | -€201,922 | -33.0% |
| Amounts payable within one year | 42/48 | €263,197 | €269,623 | +€6,426 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €199,962 | €201,922 | +€1,960 | +1.0% |
| Trade debts | 44 | €63,118 | €67,469 | +€4,351 | +6.9% |
| Suppliers | 440/4 | €63,118 | €67,469 | +€4,351 | +6.9% |
| Taxes, remuneration and social security | 45 | €118 | €233 | +€115 | +97.6% |
| Taxes | 450/3 | €118 | €233 | +€115 | +97.6% |
| Accrued charges and deferred income | 492/3 | €4,705 | €3,564 | -€1,141 | -24.3% |
| Other operating charges | 640/8 | €1,171 | €1,220 | +€50 | +4.3% |
| Gross operating margin | 9900 | €1,689 | €6,515 | +€4,826 | +286% |
| Operating profit (loss) | 9901 | €519 | €5,295 | +€4,776 | +921% |
| Financial income | 75/76B | €140,000 | €3,000 | -€137,000 | -97.9% |
| Recurring financial income | 75 | €140,000 | €3,000 | -€137,000 | -97.9% |
| Financial charges | 65/66B | €9,009 | €7,062 | -€1,947 | -21.6% |
| Recurring financial charges | 65 | €9,009 | €7,062 | -€1,947 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €131,509 | €1,233 | -€130,277 | -99.1% |
| Profit (loss) for the period | 9904 | €131,509 | €1,233 | -€130,277 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €131,509 | €1,233 | -€130,277 | -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 24 October 2026 via checked.be.