TEOLA: 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.
TEOLA
Largest movements
- Cash -€439
down €439 (-26.8%), from €1,636 to €1,197
mainly Net result for the year (-€900)
- Profit (loss) carried forward -€900
down €900 (-20.2%), from €4,454 to €3,554
- Trade debts +€420
up €420 (+216%), from €195 to €615
- Gross operating margin +€781
up €781 (+75.0%), from -€1,042 to -€260
- Other operating charges +€45
up €45 (+8.5%), from €528 to €573
- Financial charges -€26
down €26 (-28.1%), from €93 to €67
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 | €16,595 | €16,116 | -€479 | -2.9% |
| Current assets | 29/58 | €16,595 | €16,116 | -€479 | -2.9% |
| Amounts receivable within one year | 40/41 | €14,959 | €14,918 | -€41 | -0.3% |
| Trade receivables | 40 | €14,918 | €14,918 | = | 0.0% |
| Other amounts receivable | 41 | €41 | - | -€41 | |
| Cash at bank and in hand | 54/58 | €1,636 | €1,197 | -€439 | -26.8% |
| Total equity and liabilities | 10/49 | €16,595 | €16,116 | -€479 | -2.9% |
| Equity | 10/15 | €16,401 | €15,501 | -€900 | -5.5% |
| Contributions | 10/11 | €7,430 | €7,430 | = | 0.0% |
| Reserves | 13 | €4,517 | €4,517 | = | 0.0% |
| Distributable reserves | 133 | €4,517 | €4,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,454 | €3,554 | -€900 | -20.2% |
| Amounts payable | 17/49 | €195 | €615 | +€420 | +216% |
| Amounts payable within one year | 42/48 | €195 | €615 | +€420 | +216% |
| Trade debts | 44 | €195 | €615 | +€420 | +216% |
| Suppliers | 440/4 | €195 | €615 | +€420 | +216% |
| Other operating charges | 640/8 | €528 | €573 | +€45 | +8.5% |
| Gross operating margin | 9900 | -€1,042 | -€260 | +€781 | +75.0% |
| Operating profit (loss) | 9901 | -€1,570 | -€833 | +€737 | +46.9% |
| Financial charges | 65/66B | €93 | €67 | -€26 | -28.1% |
| Recurring financial charges | 65 | €93 | €67 | -€26 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,662 | -€900 | +€763 | +45.9% |
| Profit (loss) for the period | 9904 | -€1,662 | -€900 | +€763 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,662 | -€900 | +€763 | +45.9% |
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 30 October 2026 via checked.be.