TELYS: 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.
TELYS
Largest movements
- Receivables within one year -€12,450
down €12,450 (-10.0%), from €124,066 to €111,617
of which Trade receivables: -€19,559
- Tangible fixed assets -€9,202
down €9,202 (-3.5%), from €262,078 to €252,876
of which Land and buildings: -€4,712
- Profit (loss) carried forward -€19,162
down €19,162 (-12.7%), from €151,318 to €132,156
- Gross operating margin -€8,803
down €8,803 (-195%), from -€4,504 to -€13,307
- Financial income -€1,260
down €1,260 (-18.1%), from €6,965 to €5,705
- Depreciation +€654
up €654 (+7.6%), from €8,548 to €9,202
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 | €402,978 | €380,322 | -€22,656 | -5.6% |
| Fixed assets | 21/28 | €262,078 | €252,876 | -€9,202 | -3.5% |
| Tangible fixed assets | 22/27 | €262,078 | €252,876 | -€9,202 | -3.5% |
| Land and buildings | 22 | €233,245 | €228,533 | -€4,712 | -2.0% |
| Plant, machinery and equipment | 23 | €27,674 | €23,657 | -€4,017 | -14.5% |
| Furniture and vehicles | 24 | €1,159 | €686 | -€473 | -40.8% |
| Current assets | 29/58 | €140,900 | €127,446 | -€13,454 | -9.5% |
| Amounts receivable within one year | 40/41 | €124,066 | €111,617 | -€12,450 | -10.0% |
| Trade receivables | 40 | €19,889 | €331 | -€19,559 | -98.3% |
| Other amounts receivable | 41 | €104,177 | €111,286 | +€7,109 | +6.8% |
| Cash at bank and in hand | 54/58 | €16,162 | €15,315 | -€848 | -5.2% |
| Deferred charges and accrued income | 490/1 | €671 | €515 | -€157 | -23.3% |
| Total equity and liabilities | 10/49 | €402,978 | €380,322 | -€22,656 | -5.6% |
| Equity | 10/15 | €399,484 | €380,322 | -€19,162 | -4.8% |
| Contributions | 10/11 | €89,242 | €89,242 | = | 0.0% |
| Capital | 10 | €89,242 | €89,242 | = | 0.0% |
| Issued capital | 100 | €89,242 | €89,242 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €8,924 | €8,924 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,924 | €8,924 | = | 0.0% |
| Legal reserve | 130 | €8,924 | €8,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,318 | €132,156 | -€19,162 | -12.7% |
| Amounts payable | 17/49 | €3,494 | - | -€3,494 | |
| Amounts payable within one year | 42/48 | €3,494 | - | -€3,494 | |
| Trade debts | 44 | €3,494 | - | -€3,494 | |
| Suppliers | 440/4 | €3,494 | - | -€3,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,548 | €9,202 | +€654 | +7.6% |
| Other operating charges | 640/8 | €2,216 | €2,271 | +€55 | +2.5% |
| Gross operating margin | 9900 | -€4,504 | -€13,307 | -€8,803 | -195% |
| Operating profit (loss) | 9901 | -€15,268 | -€24,780 | -€9,512 | -62.3% |
| Financial income | 75/76B | €6,965 | €5,705 | -€1,260 | -18.1% |
| Recurring financial income | 75 | €6,965 | €5,705 | -€1,260 | -18.1% |
| Financial charges | 65/66B | €107 | €87 | -€20 | -18.4% |
| Recurring financial charges | 65 | €107 | €87 | -€20 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,410 | -€19,162 | -€10,752 | -128% |
| Profit (loss) for the period | 9904 | -€8,410 | -€19,162 | -€10,752 | -128% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,410 | -€19,162 | -€10,752 | -128% |
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 27 October 2026 via checked.be.