TELRUNYA: 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.
TELRUNYA
Largest movements
- Receivables within one year -€354,853
down €354,853 (-86.8%), from €408,756 to €53,903
of which Trade receivables: -€360,232
- Financial fixed assets +€315,000
new in 2025: €315,000
- Cash +€38,381
up €38,381 (+1,834%), from €2,093 to €40,474
mainly Receivables within one year (+€354,853) and Net result for the year (+€60,541)
- Reserves +€60,541
up €60,541 (+5.6%), from €1.1m to €1.1m
of which Distributable reserves: +€62,401
- Tax, wage and social debts -€53,946
down €53,946 (-67.5%), from €79,940 to €25,994
- Other debts -€41,603
down €41,603 (-48.0%), from €86,642 to €45,039
- Trade debts +€28,794
up €28,794 (+307%), from €9,365 to €38,159
- Gross operating margin +€8,281
up €8,281 (+11.2%), from €74,107 to €82,387
- Financial income +€8,136
up €8,136 (+270%), from €3,016 to €11,152
- Taxes +€7,136
up €7,136 (+33.9%), from €21,030 to €28,166
- Depreciation -€2,949
down €2,949 (-67.4%), from €4,375 to €1,426
- Financial charges +€2,442
up €2,442 (+498%), from €490 to €2,932
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 | €1,293,276 | €1,288,052 | -€5,224 | -0.4% |
| Fixed assets | 21/28 | €5,693 | €317,018 | +€311,326 | +5,469% |
| Tangible fixed assets | 22/27 | €5,693 | €2,018 | -€3,675 | -64.5% |
| Land and buildings | 22 | €491 | €368 | -€123 | -25.0% |
| Plant, machinery and equipment | 23 | €1,217 | €493 | -€725 | -59.5% |
| Furniture and vehicles | 24 | €3,985 | €1,158 | -€2,827 | -70.9% |
| Financial fixed assets | 28 | - | €315,000 | +€315,000 | |
| Current assets | 29/58 | €1,287,583 | €971,033 | -€316,550 | -24.6% |
| Amounts receivable after more than one year | 29 | €301,000 | €301,000 | = | 0.0% |
| Other amounts receivable | 291 | €301,000 | €301,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €408,756 | €53,903 | -€354,853 | -86.8% |
| Trade receivables | 40 | €408,756 | €48,524 | -€360,232 | -88.1% |
| Other amounts receivable | 41 | - | €5,379 | +€5,379 | |
| Current investments | 50/53 | €570,518 | €575,584 | +€5,066 | +0.9% |
| Cash at bank and in hand | 54/58 | €2,093 | €40,474 | +€38,381 | +1,834% |
| Deferred charges and accrued income | 490/1 | €5,217 | €73 | -€5,144 | -98.6% |
| Total equity and liabilities | 10/49 | €1,293,276 | €1,288,052 | -€5,224 | -0.4% |
| Equity | 10/15 | €1,092,328 | €1,152,869 | +€60,541 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,073,728 | €1,134,269 | +€60,541 | +5.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,071,868 | €1,134,269 | +€62,401 | +5.8% |
| Provisions and deferred taxes | 16 | €25,000 | €25,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €175,947 | €110,183 | -€65,765 | -37.4% |
| Amounts payable within one year | 42/48 | €175,947 | €109,193 | -€66,755 | -37.9% |
| Trade debts | 44 | €9,365 | €38,159 | +€28,794 | +307% |
| Suppliers | 440/4 | €9,365 | €38,159 | +€28,794 | +307% |
| Taxes, remuneration and social security | 45 | €79,940 | €25,994 | -€53,946 | -67.5% |
| Taxes | 450/3 | €79,940 | €25,994 | -€53,946 | -67.5% |
| Other amounts payable | 47/48 | €86,642 | €45,039 | -€41,603 | -48.0% |
| Accrued charges and deferred income | 492/3 | - | €990 | +€990 | |
| Non-recurring operating income | 76A | - | €12,295 | +€12,295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,375 | €1,426 | -€2,949 | -67.4% |
| Other operating charges | 640/8 | €1,392 | €474 | -€918 | -65.9% |
| Gross operating margin | 9900 | €74,107 | €82,387 | +€8,281 | +11.2% |
| Operating profit (loss) | 9901 | €68,339 | €80,487 | +€12,148 | +17.8% |
| Financial income | 75/76B | €3,016 | €11,152 | +€8,136 | +270% |
| Recurring financial income | 75 | €3,016 | €11,152 | +€8,136 | +270% |
| Financial charges | 65/66B | €490 | €2,932 | +€2,442 | +498% |
| Recurring financial charges | 65 | €490 | €2,932 | +€2,442 | +498% |
| Profit (loss) for the period before taxes | 9903 | €70,865 | €88,707 | +€17,842 | +25.2% |
| Income taxes | 67/77 | €21,030 | €28,166 | +€7,136 | +33.9% |
| Profit (loss) for the period | 9904 | €49,835 | €60,541 | +€10,706 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,835 | €60,541 | +€10,706 | +21.5% |
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 18 October 2026 via checked.be.