Tesla Networks: 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.
Tesla Networks
Largest movements
- Current investments -€177,574
down €177,574 (-37.4%), from €475,399 to €297,825
- Cash +€38,198
up €38,198 (+33.1%), from €115,260 to €153,459
mainly Current investments (+€177,574) and Trade debts (+€75,419)
- Tangible fixed assets +€35,560
up €35,560 (+542%), from €6,562 to €42,122
of which Furniture and vehicles: +€34,032
- Receivables within one year +€26,979
up €26,979 (+29.3%), from €92,000 to €118,979
of which Trade receivables: +€27,992
- Stocks and contracts +€7,658
up €7,658 (+839%), from €913 to €8,571
- Reserves -€130,178
down €130,178 (-32.6%), from €398,818 to €268,640
- Trade debts +€75,419
up €75,419 (+162%), from €46,457 to €121,876
- Other debts -€11,102
down €11,102 (-5.1%), from €216,201 to €205,099
- Gross operating margin -€209,765
down €209,765 (-57.7%), from €363,629 to €153,864
- Taxes -€46,159
down €46,159 (-62.1%), from €74,300 to €28,141
- Financial income +€10,226
up €10,226 (+637%), from €1,605 to €11,831
- Staff costs +€3,725
up €3,725 (+7.3%), from €51,002 to €54,726
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 | €691,349 | €626,512 | -€64,836 | -9.4% |
| Fixed assets | 21/28 | €6,562 | €42,122 | +€35,560 | +542% |
| Tangible fixed assets | 22/27 | €6,562 | €42,122 | +€35,560 | +542% |
| Plant, machinery and equipment | 23 | €1,878 | €1,136 | -€742 | -39.5% |
| Furniture and vehicles | 24 | €4,684 | €38,716 | +€34,032 | +726% |
| Other tangible fixed assets | 26 | - | €2,270 | +€2,270 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €684,786 | €584,390 | -€100,396 | -14.7% |
| Stocks and contracts in progress | 3 | €913 | €8,571 | +€7,658 | +839% |
| Stocks | 30/36 | €913 | €8,571 | +€7,658 | +839% |
| Amounts receivable within one year | 40/41 | €92,000 | €118,979 | +€26,979 | +29.3% |
| Trade receivables | 40 | €77,112 | €105,104 | +€27,992 | +36.3% |
| Other amounts receivable | 41 | €14,888 | €13,875 | -€1,013 | -6.8% |
| Current investments | 50/53 | €475,399 | €297,825 | -€177,574 | -37.4% |
| Cash at bank and in hand | 54/58 | €115,260 | €153,459 | +€38,198 | +33.1% |
| Deferred charges and accrued income | 490/1 | €1,213 | €5,556 | +€4,343 | +358% |
| Total equity and liabilities | 10/49 | €691,349 | €626,512 | -€64,836 | -9.4% |
| Equity | 10/15 | €417,368 | €287,190 | -€130,178 | -31.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €398,818 | €268,640 | -€130,178 | -32.6% |
| Distributable reserves | 133 | €398,818 | €268,640 | -€130,178 | -32.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €273,980 | €339,322 | +€65,342 | +23.8% |
| Amounts payable within one year | 42/48 | €273,724 | €339,322 | +€65,598 | +24.0% |
| Trade debts | 44 | €46,457 | €121,876 | +€75,419 | +162% |
| Suppliers | 440/4 | €46,457 | €121,876 | +€75,419 | +162% |
| Taxes, remuneration and social security | 45 | €11,067 | €12,348 | +€1,281 | +11.6% |
| Taxes | 450/3 | €4,033 | €4,350 | +€317 | +7.9% |
| Remuneration and social security | 454/9 | €7,034 | €7,998 | +€964 | +13.7% |
| Other amounts payable | 47/48 | €216,201 | €205,099 | -€11,102 | -5.1% |
| Accrued charges and deferred income | 492/3 | €256 | €0 | -€256 | -100% |
| Remuneration, social security and pensions | 62 | €51,002 | €54,726 | +€3,725 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,856 | €7,263 | +€3,407 | +88.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,847 | €0 | -€1,847 | -100% |
| Other operating charges | 640/8 | €1,195 | €1,133 | -€63 | -5.2% |
| Gross operating margin | 9900 | €363,629 | €153,864 | -€209,765 | -57.7% |
| Operating profit (loss) | 9901 | €305,729 | €90,742 | -€214,987 | -70.3% |
| Financial income | 75/76B | €1,605 | €11,831 | +€10,226 | +637% |
| Recurring financial income | 75 | €1,605 | €11,831 | +€10,226 | +637% |
| Financial charges | 65/66B | €2,482 | €2,466 | -€16 | -0.6% |
| Recurring financial charges | 65 | €2,482 | €2,466 | -€16 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €304,851 | €100,106 | -€204,745 | -67.2% |
| Income taxes | 67/77 | €74,300 | €28,141 | -€46,159 | -62.1% |
| Profit (loss) for the period | 9904 | €230,551 | €71,965 | -€158,586 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €230,551 | €71,965 | -€158,586 | -68.8% |
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 1 November 2026 via checked.be.