TEPLOTEC: 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.
TEPLOTEC
Largest movements
- Receivables within one year -€58,655
down €58,655 (-52.3%), from €112,216 to €53,561
of which Trade receivables: -€60,665
- Cash +€6,732
up €6,732 (+64.5%), from €10,446 to €17,178
mainly Receivables within one year (+€58,655) and Depreciation (+€13,551)
- Stocks and contracts +€6,732
up €6,732 (+159.1%), from €4,230 to €10,962
- Tangible fixed assets -€5,713
down €5,713 (-5.8%), from €99,081 to €93,368
of which Land and buildings: -€3,000
- Deferred charges and accrued income -€5,272
down €5,272 (-74.4%), from €7,088 to €1,816
- Tax, wage and social debts -€34,623
down €34,623 (-98.5%), from €35,133 to €511
of which Remuneration and social security: -€34,811
- Other debts -€17,969
down €17,969 (-98.7%), from €18,207 to €238
- Trade debts +€10,069
up €10,069 (+61.8%), from €16,298 to €26,367
- Debts after one year -€10,067
down €10,067 (-18.9%), from €53,326 to €43,259
- Current portion of long-term debt -€3,219
down €3,219 (-24.2%), from €13,286 to €10,067
- Gross operating margin +€42,630
up €42,630 (+245.9%), from €17,336 to €59,966
- Write-downs +€38,055
new in 2025: €38,055
- Staff costs +€4,644
up €4,644 (+1207.6%), from €385 to €5,029
- Other operating charges -€847
down €847 (-39.8%), from €2,127 to €1,280
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 | €233,061 | €176,885 | -€56,176 | -24.1% |
| Fixed assets | 21/28 | €99,081 | €93,368 | -€5,713 | -5.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €99,081 | €93,368 | -€5,713 | -5.8% |
| Land and buildings | 22 | €85,000 | €82,000 | -€3,000 | -3.5% |
| Plant, machinery and equipment | 23 | €314 | €188 | -€126 | -40.2% |
| Furniture and vehicles | 24 | €13,767 | €11,180 | -€2,587 | -18.8% |
| Current assets | 29/58 | €133,980 | €83,517 | -€50,463 | -37.7% |
| Stocks and contracts in progress | 3 | €4,230 | €10,962 | +€6,732 | +159.1% |
| Contracts in progress | 37 | €4,230 | €10,962 | +€6,732 | +159.1% |
| Amounts receivable within one year | 40/41 | €112,216 | €53,561 | -€58,655 | -52.3% |
| Trade receivables | 40 | €107,908 | €47,243 | -€60,665 | -56.2% |
| Other amounts receivable | 41 | €4,308 | €6,318 | +€2,010 | +46.6% |
| Cash at bank and in hand | 54/58 | €10,446 | €17,178 | +€6,732 | +64.5% |
| Deferred charges and accrued income | 490/1 | €7,088 | €1,816 | -€5,272 | -74.4% |
| Total equity and liabilities | 10/49 | €233,061 | €176,885 | -€56,176 | -24.1% |
| Equity | 10/15 | €96,811 | €96,443 | -€367 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,351 | €75,983 | -€367 | -0.5% |
| Amounts payable | 17/49 | €136,250 | €80,442 | -€55,809 | -41.0% |
| Amounts payable after more than one year | 17 | €53,326 | €43,259 | -€10,067 | -18.9% |
| Financial debts | 170/4 | €53,326 | €43,259 | -€10,067 | -18.9% |
| Amounts payable within one year | 42/48 | €82,924 | €37,182 | -€45,742 | -55.2% |
| Current portion of amounts payable after more than one year | 42 | €13,286 | €10,067 | -€3,219 | -24.2% |
| Trade debts | 44 | €16,298 | €26,367 | +€10,069 | +61.8% |
| Suppliers | 440/4 | €16,298 | €26,367 | +€10,069 | +61.8% |
| Taxes, remuneration and social security | 45 | €35,133 | €511 | -€34,623 | -98.5% |
| Taxes | 450/3 | €322 | €511 | +€189 | +58.7% |
| Remuneration and social security | 454/9 | €34,811 | - | -€34,811 | |
| Other amounts payable | 47/48 | €18,207 | €238 | -€17,969 | -98.7% |
| Remuneration, social security and pensions | 62 | €385 | €5,029 | +€4,644 | +1207.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,040 | €13,551 | +€511 | +3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,055 | +€38,055 | |
| Other operating charges | 640/8 | €2,127 | €1,280 | -€847 | -39.8% |
| Gross operating margin | 9900 | €17,336 | €59,966 | +€42,630 | +245.9% |
| Operating profit (loss) | 9901 | €1,785 | €2,052 | +€267 | +14.9% |
| Financial income | 75/76B | €341 | €102 | -€240 | -70.2% |
| Recurring financial income | 75 | €341 | €102 | -€240 | -70.2% |
| Financial charges | 65/66B | €2,441 | €2,010 | -€431 | -17.7% |
| Recurring financial charges | 65 | €2,441 | €2,010 | -€431 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€314 | €143 | +€458 | |
| Income taxes | 67/77 | €327 | €511 | +€184 | +56.1% |
| Profit (loss) for the period | 9904 | -€641 | -€367 | +€274 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€641 | -€367 | +€274 | +42.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.