TEULINGKX: 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.
TEULINGKX
Largest movements
- Receivables within one year +€17,699
up €17,699 (+40.4%), from €43,820 to €61,518
of which Other amounts receivable: +€34,793
- Tangible fixed assets +€12,762
up €12,762 (+118.3%), from €10,786 to €23,548
of which Furniture and vehicles: +€13,538
- Cash -€4,844
down €4,844 (-4.7%), from €103,564 to €98,719
mainly Investment in fixed assets (net) (-€19,528) and Receivables within one year (-€17,699)
- Reserves +€31,237
up €31,237 (+20.0%), from €156,535 to €187,772
of which Distributable reserves: +€31,237
- Tax, wage and social debts -€3,618
down €3,618 (-98.3%), from €3,682 to €64
- Accrued charges and deferred income -€2,521
down €2,521 (-99.5%), from €2,532 to €12
- Purchases and services -€12,521
down €12,521 (-11.2%), from €111,770 to €99,249
- Gross operating margin +€11,682
up €11,682 (+17.3%), from €67,421 to €79,102
- Financial charges -€3,847
down €3,847 (-65.9%), from €5,842 to €1,995
of which Non-recurring financial charges: -€3,432
- Taxes +€2,611
up €2,611 (+11.6%), from €22,587 to €25,198
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 | €182,982 | €207,743 | +€24,761 | +13.5% |
| Fixed assets | 21/28 | €10,786 | €23,548 | +€12,762 | +118.3% |
| Tangible fixed assets | 22/27 | €10,786 | €23,548 | +€12,762 | +118.3% |
| Plant, machinery and equipment | 23 | €1,320 | €544 | -€777 | -58.8% |
| Furniture and vehicles | 24 | €9,466 | €23,004 | +€13,538 | +143.0% |
| Current assets | 29/58 | €172,196 | €184,195 | +€11,999 | +7.0% |
| Amounts receivable within one year | 40/41 | €43,820 | €61,518 | +€17,699 | +40.4% |
| Trade receivables | 40 | €17,094 | - | -€17,094 | |
| Other amounts receivable | 41 | €26,726 | €61,518 | +€34,793 | +130.2% |
| Current investments | 50/53 | €20,495 | €20,495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €103,564 | €98,719 | -€4,844 | -4.7% |
| Deferred charges and accrued income | 490/1 | €4,318 | €3,463 | -€855 | -19.8% |
| Total equity and liabilities | 10/49 | €182,982 | €207,743 | +€24,761 | +13.5% |
| Equity | 10/15 | €175,135 | €206,372 | +€31,237 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,535 | €187,772 | +€31,237 | +20.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €154,675 | €185,912 | +€31,237 | +20.2% |
| Amounts payable | 17/49 | €7,847 | €1,371 | -€6,476 | -82.5% |
| Amounts payable within one year | 42/48 | €5,314 | €1,359 | -€3,955 | -74.4% |
| Trade debts | 44 | €1,632 | €1,295 | -€337 | -20.7% |
| Suppliers | 440/4 | €1,632 | €1,295 | -€337 | -20.7% |
| Taxes, remuneration and social security | 45 | €3,682 | €64 | -€3,618 | -98.3% |
| Taxes | 450/3 | €3,682 | €64 | -€3,618 | -98.3% |
| Accrued charges and deferred income | 492/3 | €2,532 | €12 | -€2,521 | -99.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €111,770 | €99,249 | -€12,521 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,230 | €6,766 | -€464 | -6.4% |
| Other operating charges | 640/8 | €1,624 | €1,421 | -€203 | -12.5% |
| Gross operating margin | 9900 | €67,421 | €79,102 | +€11,682 | +17.3% |
| Operating profit (loss) | 9901 | €58,567 | €70,916 | +€12,348 | +21.1% |
| Financial income | 75/76B | €818 | €725 | -€94 | -11.4% |
| Recurring financial income | 75 | €818 | €725 | -€94 | -11.4% |
| Financial charges | 65/66B | €5,842 | €1,995 | -€3,847 | -65.9% |
| Recurring financial charges | 65 | €2,260 | €1,845 | -€416 | -18.4% |
| Non-recurring financial charges | 66B | €3,582 | €150 | -€3,432 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €53,543 | €69,645 | +€16,102 | +30.1% |
| Income taxes | 67/77 | €22,587 | €25,198 | +€2,611 | +11.6% |
| Profit (loss) for the period | 9904 | €30,956 | €44,448 | +€13,491 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,956 | €44,448 | +€13,491 | +43.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.