TELUS MANAGEMENT: what changed
Two fiscal 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.
TELUS MANAGEMENT
Largest movements
- Receivables after one year +€6,232
up €6,232 (+7.0%), from €88,477 to €94,709
- Cash -€4,625
down €4,625 (-92.5%), from €5,000 to €375
mainly Tax, wage and social debts (-€30,288) and Receivables after one year (-€6,232)
- Other debts +€31,903
up €31,903 (+91.7%), from €34,786 to €66,689
- Tax, wage and social debts -€30,288
down €30,288 (-96.4%), from €31,427 to €1,140
of which Remuneration and social security: -€26,000
- Trade debts -€2,900
down €2,900 (-50.0%), from €5,800 to €2,900
- Profit (loss) carried forward +€2,891
up €2,891 (+5.3%), from €54,855 to €57,746
- Turnover -€48,910
down €48,910 (-76.2%), from €64,210 to €15,300
- Gross operating margin -€26,295
down €26,295, from €24,265 to -€2,030
- Purchases and services -€22,615
down €22,615 (-56.6%), from €39,945 to €17,330
- Financial income +€6,232
up €6,232, from €0 to €6,232
of which Financial income: +€6,232
- Taxes -€4,854
down €4,854 (-81.0%), from €5,994 to €1,140
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 | €160,953 | €162,561 | +€1,607 | +1.0% |
| Fixed assets | 21/28 | €67,476 | €67,476 | = | 0.0% |
| Financial fixed assets | 28 | €67,476 | €67,476 | = | 0.0% |
| Current assets | 29/58 | €93,477 | €95,084 | +€1,607 | +1.7% |
| Amounts receivable after more than one year | 29 | €88,477 | €94,709 | +€6,232 | +7.0% |
| Other amounts receivable | 291 | €88,477 | €94,709 | +€6,232 | +7.0% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €5,000 | €375 | -€4,625 | -92.5% |
| Total equity and liabilities | 10/49 | €160,953 | €162,561 | +€1,607 | +1.0% |
| Equity | 10/15 | €88,940 | €91,832 | +€2,891 | +3.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,855 | €57,746 | +€2,891 | +5.3% |
| Amounts payable | 17/49 | €72,013 | €70,729 | -€1,284 | -1.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €72,013 | €70,729 | -€1,284 | -1.8% |
| Trade debts | 44 | €5,800 | €2,900 | -€2,900 | -50.0% |
| Suppliers | 440/4 | €5,800 | €2,900 | -€2,900 | -50.0% |
| Taxes, remuneration and social security | 45 | €31,427 | €1,140 | -€30,288 | -96.4% |
| Taxes | 450/3 | €5,427 | €1,140 | -€4,288 | -79.0% |
| Remuneration and social security | 454/9 | €26,000 | €0 | -€26,000 | -100.0% |
| Other amounts payable | 47/48 | €34,786 | €66,689 | +€31,903 | +91.7% |
| Turnover | 70 | €64,210 | €15,300 | -€48,910 | -76.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,945 | €17,330 | -€22,615 | -56.6% |
| Other operating charges | 640/8 | €348 | €0 | -€348 | -100.0% |
| Non-recurring operating charges | 66A | - | €151 | +€151 | |
| Gross operating margin | 9900 | €24,265 | -€2,030 | -€26,295 | |
| Operating profit (loss) | 9901 | €23,918 | -€2,181 | -€26,099 | |
| Financial income | 75/76B | €0 | €6,232 | +€6,232 | |
| Recurring financial income | 75 | €0 | €6,232 | +€6,232 | |
| Non-recurring financial income | 76B | - | €6,232 | +€6,232 | |
| Financial charges | 65/66B | €3,015 | €20 | -€2,995 | -99.3% |
| Recurring financial charges | 65 | €3,015 | €20 | -€2,995 | -99.3% |
| Non-recurring financial charges | 66B | €3,015 | - | -€3,015 | |
| Profit (loss) for the period before taxes | 9903 | €20,903 | €4,031 | -€16,872 | -80.7% |
| Income taxes | 67/77 | €5,994 | €1,140 | -€4,854 | -81.0% |
| Profit (loss) for the period | 9904 | €14,909 | €2,891 | -€12,018 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,909 | €2,891 | -€12,018 | -80.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.