TELPRO: what changed
TELPRO
Largest movements
- Receivables within one year -€22,055
down €22,055 (-28.7%), from €76,971 to €54,916
of which Trade receivables: -€25,884
- Tangible fixed assets -€12,082
down €12,082 (-28.4%), from €42,603 to €30,521
of which Furniture and vehicles: -€14,075
- Deferred charges and accrued income +€2,507
up €2,507 (+292%), from €859 to €3,366
- Cash +€2,449
up €2,449 (+7.0%), from €34,840 to €37,289
mainly Receivables within one year (+€22,055) and Other debts (+€15,180)
- Receivables after one year -€2,193
down €2,193 (-7.7%), from €28,579 to €26,386
- Trade debts -€16,503
down €16,503 (-45.9%), from €35,920 to €19,417
- Other debts +€15,180
up €15,180 (+56.4%), from €26,894 to €42,073
- Reserves -€7,819
down €7,819 (-10.5%), from €74,382 to €66,563
- Tax, wage and social debts -€7,385
down €7,385 (-76.0%), from €9,716 to €2,332
of which Taxes: -€5,185
- Debts after one year -€6,727
down €6,727 (-68.8%), from €9,776 to €3,049
- Financial charges +€24,372
up €24,372 (+924%), from €2,637 to €27,010
- Gross operating margin +€21,443
up €21,443 (+69.8%), from €30,731 to €52,174
- Depreciation -€3,263
down €3,263 (-20.3%), from €16,057 to €12,795
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,143 | €158,711 | -€31,431 | -16.5% |
| Fixed assets | 21/28 | €44,822 | €32,697 | -€12,125 | -27.1% |
| Intangible fixed assets | 21 | €44 | - | -€44 | |
| Tangible fixed assets | 22/27 | €42,603 | €30,521 | -€12,082 | -28.4% |
| Plant, machinery and equipment | 23 | €4,505 | €6,499 | +€1,993 | +44.2% |
| Furniture and vehicles | 24 | €38,097 | €24,022 | -€14,075 | -36.9% |
| Financial fixed assets | 28 | €2,176 | €2,176 | = | 0.0% |
| Current assets | 29/58 | €145,320 | €126,015 | -€19,306 | -13.3% |
| Amounts receivable after more than one year | 29 | €28,579 | €26,386 | -€2,193 | -7.7% |
| Other amounts receivable | 291 | €28,579 | €26,386 | -€2,193 | -7.7% |
| Stocks and contracts in progress | 3 | €4,072 | €4,057 | -€14 | -0.4% |
| Stocks | 30/36 | €1,992 | €2,417 | +€426 | +21.4% |
| Contracts in progress | 37 | €2,080 | €1,640 | -€440 | -21.2% |
| Amounts receivable within one year | 40/41 | €76,971 | €54,916 | -€22,055 | -28.7% |
| Trade receivables | 40 | €71,155 | €45,271 | -€25,884 | -36.4% |
| Other amounts receivable | 41 | €5,816 | €9,645 | +€3,829 | +65.8% |
| Cash at bank and in hand | 54/58 | €34,840 | €37,289 | +€2,449 | +7.0% |
| Deferred charges and accrued income | 490/1 | €859 | €3,366 | +€2,507 | +292% |
| Total equity and liabilities | 10/49 | €190,143 | €158,711 | -€31,431 | -16.5% |
| Equity | 10/15 | €92,932 | €85,113 | -€7,819 | -8.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €74,382 | €66,563 | -€7,819 | -10.5% |
| Distributable reserves | 133 | €74,382 | €66,563 | -€7,819 | -10.5% |
| Amounts payable | 17/49 | €97,210 | €73,598 | -€23,612 | -24.3% |
| Amounts payable after more than one year | 17 | €9,776 | €3,049 | -€6,727 | -68.8% |
| Financial debts | 170/4 | €9,776 | €3,049 | -€6,727 | -68.8% |
| Amounts payable within one year | 42/48 | €82,664 | €70,549 | -€12,116 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €9,846 | €6,727 | -€3,119 | -31.7% |
| Trade debts | 44 | €35,920 | €19,417 | -€16,503 | -45.9% |
| Suppliers | 440/4 | €35,920 | €19,417 | -€16,503 | -45.9% |
| Advances received on contracts in progress | 46 | €289 | - | -€289 | |
| Taxes, remuneration and social security | 45 | €9,716 | €2,332 | -€7,385 | -76.0% |
| Taxes | 450/3 | €6,416 | €1,232 | -€5,185 | -80.8% |
| Remuneration and social security | 454/9 | €3,300 | €1,100 | -€2,200 | -66.7% |
| Other amounts payable | 47/48 | €26,894 | €42,073 | +€15,180 | +56.4% |
| Accrued charges and deferred income | 492/3 | €4,770 | - | -€4,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,057 | €12,795 | -€3,263 | -20.3% |
| Other operating charges | 640/8 | €1,934 | €1,770 | -€164 | -8.5% |
| Gross operating margin | 9900 | €30,731 | €52,174 | +€21,443 | +69.8% |
| Operating profit (loss) | 9901 | €12,739 | €37,609 | +€24,870 | +195% |
| Financial income | 75/76B | €869 | €517 | -€353 | -40.6% |
| Recurring financial income | 75 | €869 | €517 | -€353 | -40.6% |
| Financial charges | 65/66B | €2,637 | €27,010 | +€24,372 | +924% |
| Recurring financial charges | 65 | €2,637 | €27,010 | +€24,372 | +924% |
| Profit (loss) for the period before taxes | 9903 | €10,971 | €11,117 | +€145 | +1.3% |
| Income taxes | 67/77 | €4,726 | €4,742 | +€16 | +0.3% |
| Profit (loss) for the period | 9904 | €6,245 | €6,375 | +€130 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,245 | €6,375 | +€130 | +2.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.