TESLIN: 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.
TESLIN
Largest movements
- Tangible fixed assets -€11,842
down €11,842 (-4.8%), from €248,815 to €236,973
of which Land and buildings: -€10,259
- Receivables within one year +€10,845
up €10,845 (+462.4%), from €2,346 to €13,191
of which Trade receivables: +€12,885
- Current investments +€4,277
up €4,277 (+570.2%), from €750 to €5,027
- Other debts +€44,610
up €44,610 (+376.7%), from €11,842 to €56,453
- Debts after one year -€38,090
down €38,090 (-21.0%), from €181,692 to €143,602
- Advances received -€14,339
down €14,339 (-100.0%), from €14,339 to €0
- Reserves +€11,239
up €11,239 (+91.8%), from €12,237 to €23,476
- Trade debts -€7,453
down €7,453 (-100.0%), from €7,453 to €0
- Gross operating margin +€29,647
up €29,647 (+424.9%), from €6,977 to €36,624
- Taxes +€5,734
up €5,734 (+729.8%), from €786 to €6,519
- Financial income -€3,397
down €3,397 (-72.6%), from €4,680 to €1,283
- Financial charges +€800
up €800 (+19.2%), from €4,172 to €4,972
- Depreciation -€470
down €470 (-3.8%), from €12,312 to €11,842
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 | €257,543 | €263,733 | +€6,190 | +2.4% |
| Fixed assets | 21/28 | €248,815 | €236,973 | -€11,842 | -4.8% |
| Tangible fixed assets | 22/27 | €248,815 | €236,973 | -€11,842 | -4.8% |
| Land and buildings | 22 | €242,214 | €231,955 | -€10,259 | -4.2% |
| Plant, machinery and equipment | 23 | €2,912 | €1,830 | -€1,082 | -37.1% |
| Furniture and vehicles | 24 | €3,689 | €3,188 | -€501 | -13.6% |
| Current assets | 29/58 | €8,728 | €26,760 | +€18,032 | +206.6% |
| Amounts receivable within one year | 40/41 | €2,346 | €13,191 | +€10,845 | +462.4% |
| Trade receivables | 40 | €0 | €12,885 | +€12,885 | |
| Other amounts receivable | 41 | €2,346 | €306 | -€2,040 | -87.0% |
| Current investments | 50/53 | €750 | €5,027 | +€4,277 | +570.2% |
| Cash at bank and in hand | 54/58 | €5,632 | €8,183 | +€2,551 | +45.3% |
| Deferred charges and accrued income | 490/1 | - | €360 | +€360 | |
| Total equity and liabilities | 10/49 | €257,543 | €263,733 | +€6,190 | +2.4% |
| Equity | 10/15 | €18,437 | €29,676 | +€11,239 | +61.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,237 | €23,476 | +€11,239 | +91.8% |
| Distributable reserves | 133 | €12,237 | €23,476 | +€11,239 | +91.8% |
| Amounts payable | 17/49 | €239,105 | €234,057 | -€5,049 | -2.1% |
| Amounts payable after more than one year | 17 | €181,692 | €143,602 | -€38,090 | -21.0% |
| Financial debts | 170/4 | €181,692 | €143,602 | -€38,090 | -21.0% |
| Amounts payable within one year | 42/48 | €57,414 | €89,149 | +€31,735 | +55.3% |
| Current portion of amounts payable after more than one year | 42 | €17,730 | €18,042 | +€312 | +1.8% |
| Financial debts | 43 | €262 | €1,562 | +€1,300 | +496.6% |
| Credit institutions | 430/8 | €262 | €1,562 | +€1,300 | +496.6% |
| Trade debts | 44 | €7,453 | €0 | -€7,453 | -100.0% |
| Suppliers | 440/4 | €7,453 | €0 | -€7,453 | -100.0% |
| Advances received on contracts in progress | 46 | €14,339 | €0 | -€14,339 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,788 | €13,093 | +€7,305 | +126.2% |
| Taxes | 450/3 | €5,788 | €13,093 | +€7,305 | +126.2% |
| Other amounts payable | 47/48 | €11,842 | €56,453 | +€44,610 | +376.7% |
| Accrued charges and deferred income | 492/3 | €0 | €1,305 | +€1,305 | |
| Non-recurring operating income | 76A | €21,938 | €0 | -€21,938 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,312 | €11,842 | -€470 | -3.8% |
| Other operating charges | 640/8 | €3,070 | €3,334 | +€264 | +8.6% |
| Gross operating margin | 9900 | €6,977 | €36,624 | +€29,647 | +424.9% |
| Operating profit (loss) | 9901 | -€8,405 | €21,448 | +€29,852 | |
| Financial income | 75/76B | €4,680 | €1,283 | -€3,397 | -72.6% |
| Recurring financial income | 75 | €4,680 | €1,283 | -€3,397 | -72.6% |
| Financial charges | 65/66B | €4,172 | €4,972 | +€800 | +19.2% |
| Recurring financial charges | 65 | €4,172 | €4,972 | +€800 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,896 | €17,758 | +€25,655 | |
| Income taxes | 67/77 | €786 | €6,519 | +€5,734 | +729.8% |
| Profit (loss) for the period | 9904 | -€8,682 | €11,239 | +€19,921 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,682 | €11,239 | +€19,921 |
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 30 September 2026 via checked.be.