TEAM SERVICES
Annual accounts 2025
micro format, filed on 15-02-2026, 135 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €250,000. Estimated: probably between €140,000 and €460,000.
Balance sheet
balance sheet total €291,171 on 30-11-2025in euro
in euro
Position in the sector
65.9%
Higher than 75% of 9,452 companies in 2025.
0.15
Lower than 95% of 9,200 companies in 2025.
3.0%
Higher than 38% of 9,272 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
291,171 | 303,416 | 362,143 | 119,279 | 127,983 | 142,050 | 129,065 | 96,998 | 95,357 | 104,743 | 122,164 | 119,868 | 124,382 | 153,172 | 151,481 | 177,098 | 165,246 | 153,530 | 24,714 | |
21/28 |
279,598 | 297,850 | 316,641 | 99,308 | 109,566 | 104,863 | 101,130 | 74,424 | 79,874 | 87,033 | 94,207 | 98,556 | 97,384 | 102,566 | 110,454 | 115,580 | 125,708 | 126,920 | 2,420 | |
22/27 |
279,351 | 297,604 | 316,395 | 99,062 | 109,320 | 104,617 | 100,884 | 74,178 | 79,628 | 86,787 | 93,961 | 98,310 | 97,138 | 102,320 | 110,207 | 115,333 | 125,462 | 126,674 | 2,173 | |
22 |
219,867 | 232,033 | 244,200 | 62,569 | 65,136 | 67,703 | 70,269 | 73,092 | 76,820 | 81,564 | 86,307 | 91,051 | 91,514 | 97,025 | 102,535 | 108,045 | 113,556 | 114,436 | - | |
23 |
397 | 938 | 1,479 | - | 135 | 135 | 135 | 366 | 829 | 1,292 | 135 | 135 | - | - | 45 | 503 | 1,245 | 873 | 853 | |
24 |
15,575 | 13,642 | 14,445 | 13,298 | 17,678 | 26,874 | 27,120 | 630 | 1,729 | 3,521 | 6,949 | 6,394 | 4,733 | 4,245 | 6,418 | 5,415 | 9,131 | 11,365 | - | |
26 |
43,513 | 50,991 | 56,271 | 23,195 | 26,371 | 9,905 | 3,360 | 90 | 250 | 410 | 570 | 730 | 890 | 1,050 | 1,210 | 1,370 | 1,530 | - | - | |
28 |
246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | 246 | |
29/58 |
11,574 | 5,566 | 45,502 | 19,971 | 18,417 | 37,187 | 27,935 | 22,574 | 15,483 | 17,710 | 27,957 | 21,312 | 26,997 | 50,606 | 41,027 | 61,518 | 39,538 | 26,609 | 22,294 | |
3 |
- | - | - | - | - | - | - | - | - | 3,782 | 2,408 | 1,826 | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | - | 3,782 | 2,408 | 1,826 | - | - | - | - | - | - | - | |
40/41 |
- | - | 20,000 | - | 17,286 | 30,841 | 25,433 | 17,377 | 11,835 | 7,637 | 25,100 | 9,190 | 18,601 | 46,900 | 36,529 | 35,431 | 36,448 | 23,059 | 15,177 | |
40 |
- | - | - | - | 14,326 | 16,427 | 25,433 | 15,109 | 10,784 | 7,637 | 25,024 | 8,848 | 5,673 | 39,451 | 29,648 | 24,624 | 22,630 | 23,059 | 15,177 | |
41 |
- | - | 20,000 | - | 2,960 | 14,414 | - | 2,268 | 1,051 | - | 76 | 342 | 12,928 | 7,449 | 6,881 | 10,806 | 13,817 | - | - | |
54/58 |
11,574 | 5,566 | 24,828 | 19,971 | 1,107 | 6,346 | 2,502 | 5,197 | 3,648 | 6,281 | 449 | 10,296 | 8,397 | 3,706 | 4,498 | 26,087 | 3,090 | 3,550 | 7,117 | |
490/1 |
- | - | 674 | - | 24 | - | - | - | - | 10 | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
291,171 | 303,416 | 362,143 | 119,279 | 127,983 | 142,050 | 129,065 | 96,998 | 95,357 | 104,743 | 122,164 | 119,868 | 124,382 | 153,172 | 151,481 | 177,098 | 165,246 | 153,530 | 24,714 | |
10/15 |
191,767 | 182,893 | 181,811 | - | 68,027 | 66,961 | 64,752 | 57,059 | 49,214 | 43,856 | 41,132 | 41,537 | 38,539 | 36,176 | 33,699 | 33,267 | 24,495 | 24,744 | 12,989 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 10,000 | |
10 |
20,000 | 20,000 | 20,000 | 20,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | |
13 |
1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 939 | 939 | 821 | 697 | 676 | 237 | 237 | 149 | |
130/1 |
1,089 | 1,089 | 1,089 | 1,089 | 1,089 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 1,089 | 939 | 939 | 821 | 697 | 676 | 237 | 237 | 149 | |
14 |
170,677 | 161,804 | 160,722 | 49,705 | 46,938 | 45,872 | 43,663 | 35,970 | 28,125 | 22,767 | 20,043 | 20,598 | 17,600 | 15,354 | 13,001 | 12,591 | 4,258 | 4,507 | 2,840 | |
16 |
1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | 600 | 850 | 1,000 | 700 | - | |
160/5 |
1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | 600 | 850 | 1,000 | 700 | - | |
164/5 |
1,900 | 1,900 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
97,505 | 118,623 | 180,332 | 48,485 | 59,956 | 75,089 | 64,313 | 39,939 | 46,143 | 60,887 | 81,032 | 78,331 | 85,843 | 116,996 | 117,182 | 142,981 | 139,751 | 128,086 | 11,725 | |
17 |
18,875 | 26,406 | 59,801 | 6,952 | 16,820 | 30,252 | 43,342 | 25,615 | 33,152 | 41,479 | 49,902 | 59,455 | 65,070 | 78,938 | 92,370 | 67,566 | 79,454 | 86,381 | - | |
170/4 |
18,875 | 26,406 | 59,801 | 6,952 | 16,820 | 30,252 | 43,342 | 25,615 | 33,152 | 41,479 | 49,902 | 59,455 | 65,070 | 78,938 | 92,370 | 67,566 | 79,454 | 86,381 | - | |
42/48 |
78,630 | 92,217 | 95,531 | 41,533 | 43,136 | 44,837 | 20,971 | 14,324 | 12,991 | 19,408 | 31,130 | 18,876 | 20,773 | 38,058 | 23,485 | 75,415 | 60,294 | 41,705 | 11,725 | |
42 |
7,531 | 7,531 | - | 4,032 | 7,596 | 17,152 | 10,908 | 7,538 | 8,327 | 7,885 | 9,552 | 15,610 | 15,202 | 13,428 | - | - | - | 26,000 | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,818 | 4,539 | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,818 | 4,539 | - | - | - | |
44 |
1,666 | 10,833 | 17,393 | 7,777 | 65 | 19,686 | 6,365 | 5,286 | 4,664 | 6,680 | 8,922 | 1,429 | 1,571 | 3,630 | 6,667 | 21,074 | 14,298 | 14,701 | 11,152 | |
440/4 |
1,666 | 10,833 | 17,393 | 7,777 | 65 | 19,686 | 6,365 | 5,286 | 4,664 | 6,680 | 8,922 | 1,429 | 1,571 | 3,630 | 6,667 | 21,074 | 14,298 | 14,701 | 11,152 | |
46 |
- | - | 3,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
9,433 | 4,426 | 46,193 | 10,649 | 2,322 | 1,161 | 1,569 | - | - | 4,843 | - | 590 | 4,000 | 4,000 | 4,000 | 9,801 | 5,512 | 1,004 | 573 | |
450/3 |
9,433 | 4,426 | 46,193 | 10,649 | 2,322 | 1,161 | 1,569 | - | - | 743 | - | 590 | 4,000 | 4,000 | 4,000 | 9,801 | 5,512 | 1,004 | 573 | |
454/9 |
- | - | - | - | - | - | - | - | - | 4,100 | - | - | - | - | - | - | - | - | - | |
47/48 |
60,000 | 69,427 | 28,945 | 19,075 | 33,153 | 6,838 | 2,129 | 1,500 | - | - | 12,656 | 1,247 | - | 17,000 | - | 40,000 | 40,484 | - | - | |
492/3 |
- | 0 | 25,000 | - | - | - | - | - | - | - | - | - | - | - | 1,327 | - | 3 | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | 165,000 | - | - | - | - | - | - | - | - | 4,280 | - | - | - | - | - | - | - | |
9900 |
36,519 | 32,446 | 174,890 | 31,251 | 20,475 | 13,604 | 32,863 | 17,899 | 15,615 | 16,153 | 13,181 | 11,290 | 18,541 | 17,251 | 18,602 | 26,815 | 22,296 | 13,444 | 3,019 | |
62 |
- | - | 4,567 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
22,721 | 21,305 | 15,975 | 17,590 | 16,343 | 13,417 | 9,373 | 5,450 | 7,159 | 9,842 | 9,000 | 9,363 | 6,940 | 8,878 | 9,208 | 10,128 | 9,596 | 5,887 | - | |
635/8 |
- | - | - | 2,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
- | - | 165 | 494 | 494 | 486 | 340 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
13,798 | 11,141 | 154,183 | 10,767 | 3,638 | -299 | 23,150 | 12,449 | 8,456 | 6,311 | 4,181 | 1,927 | 11,600 | 8,373 | 9,393 | 16,686 | 12,700 | 7,557 | 3,019 | |
75/76B |
- | - | - | 413 | - | - | - | - | - | - | - | 117 | - | - | 10 | - | 15 | 21 | 1 | |
75 |
- | - | - | 413 | - | - | - | - | - | - | - | 117 | - | - | 10 | - | 15 | 21 | 1 | |
65/66B |
1,074 | 5,565 | 1,192 | 890 | 1,207 | 1,539 | 2,029 | 2,393 | 2,004 | 3,587 | 4,301 | 4,827 | 5,093 | 5,904 | 5,908 | 5,418 | 6,320 | 3,847 | 31 | |
65 |
1,074 | 5,565 | 1,192 | 890 | 1,207 | 1,539 | 2,029 | 2,393 | 2,004 | 3,587 | 4,301 | 4,827 | 5,093 | 5,904 | 5,908 | 5,418 | 6,320 | 3,847 | 31 | |
9903 |
12,724 | 5,576 | 152,991 | 10,290 | 2,431 | -1,838 | 21,121 | 10,056 | 6,452 | 2,724 | -120 | 1,497 | 6,507 | 2,468 | 3,495 | 11,268 | 6,395 | 3,731 | 2,989 | |
67/77 |
3,851 | 4,495 | 41,974 | 7,523 | 1,365 | -4,047 | 13,428 | 2,211 | 1,094 | - | 285 | -1,501 | 4,143 | -9 | 3,063 | 2,496 | 6,644 | 1,976 | - | |
9904 |
8,873 | 1,081 | 111,017 | 2,767 | 1,066 | 2,209 | 7,693 | 7,845 | 5,358 | 2,724 | -405 | 2,998 | 2,363 | 2,477 | 432 | 8,772 | -249 | 1,755 | 2,989 | |
9905 |
8,873 | 1,081 | 111,017 | 2,767 | 1,066 | 2,209 | 7,693 | 7,845 | 5,358 | 2,724 | -405 | 2,998 | 2,363 | 2,477 | 432 | 8,772 | -249 | 1,755 | 2,989 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
170,677 | 161,804 | 160,722 | 49,705 | 46,938 | 45,872 | 43,663 | 35,970 | 28,125 | 22,767 | 20,193 | 20,598 | 17,718 | 15,478 | 13,023 | 13,030 | 4,258 | 4,594 | 2,989 | |
14P |
161,804 | 160,723 | 49,705 | 46,938 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 150 | - | 118 | 124 | 22 | 439 | - | 88 | 149 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 150 | - | 118 | 124 | 22 | 439 | - | 88 | 149 | |
| Document | ||||||||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 15-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-11-2025 | micro format | 15-02-2026 | 2026-00038593 | |
| 30-11-2024 | micro format | 28-04-2025 | 2025-00077303 | |
| 30-11-2023 | full format | 22-02-2024 | 2024-00032870 | |
| 30-11-2022 | full format | 23-01-2023 | 2023-00010701 | |
| 30-11-2021 | full format | 18-02-2022 | 2022-05900593 | |
| 30-11-2020 | full format | 29-01-2021 | 2021-02800364 | |
| 30-11-2019 | full format | 06-02-2020 | 2020-04600011 | |
| 30-11-2018 | full format | 04-02-2019 | 2019-04600385 | |
| 30-11-2017 | full format | 25-01-2018 | 2018-02500264 | |
| 30-11-2016 | full format | 18-01-2017 | 2017-01800118 | |
| 30-11-2015 | full format | 27-01-2016 | 2016-03000394 | |
| 30-11-2014 | full format | 12-01-2015 | 2015-00800439 | |
| 30-11-2013 | full format | 03-03-2014 | 2014-05700403 | |
| 30-11-2012 | full format | 23-01-2013 | 2013-01300408 | |
| 30-11-2011 | full format | 02-02-2012 | 2012-02600026 | |
| 30-11-2010 | full format | 19-01-2011 | 2011-01100283 | |
| 30-11-2009 | full format | 26-01-2010 | 2010-02400186 | |
| 30-11-2008 | full format | 28-01-2009 | 2009-02500081 | |
| 30-11-2007 | full format | 22-01-2008 | 2008-02100076 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,519 | 32,446 | 170,158 | 28,357 | 19,981 | 13,118 | 32,523 | 17,899 | 15,615 | 16,153 | 13,181 | 11,290 | 18,541 | 17,251 | 18,602 | 26,815 | 22,296 | 13,444 | - | ||
| 31,594 | 22,386 | 126,992 | 20,357 | 17,409 | 15,626 | 17,066 | 13,295 | 12,517 | 12,566 | 8,595 | 12,361 | 9,304 | 11,355 | 9,640 | 18,900 | 9,347 | 7,642 | - | ||
| 4,468 | 2,514 | 233,308 | 7,332 | 21,046 | 17,150 | 36,079 | 0 | 0 | 2,668 | 4,651 | 10,535 | 1,759 | 990 | 4,083 | 0 | 8,383 | 130,388 | 2,420 | ||
| 6,008 | -19,262 | 4,857 | 18,864 | -5,239 | 3,844 | -2,695 | 1,549 | -2,633 | 5,832 | -9,847 | 1,899 | 4,691 | -792 | -21,589 | 22,997 | -459 | -3,567 | - | ||
| -67,056 | -86,651 | -50,029 | -21,562 | -24,719 | -7,650 | 6,964 | 8,250 | 2,492 | -1,698 | -3,173 | 2,436 | 6,225 | 12,548 | 17,542 | -13,897 | -20,756 | -15,096 | 10,569 | ||
| 65.9% | 60.3% | 50.2% | - | 53.2% | 47.1% | 50.2% | 58.8% | 51.6% | 41.9% | 33.7% | 34.7% | 31.0% | 23.6% | 22.2% | 18.8% | 14.8% | 16.1% | 52.6% | ||
| 0.15 | 0.06 | 0.48 | 0.48 | 0.43 | 0.83 | 1.33 | 1.58 | 1.19 | 0.91 | 0.90 | 1.13 | 1.30 | 1.33 | 1.75 | 0.82 | 0.66 | 0.64 | 1.90 | ||
| 0.15 | 0.06 | 0.48 | 0.48 | 0.43 | 0.83 | 1.33 | 1.58 | 1.19 | 0.72 | 0.82 | 1.03 | 1.30 | 1.33 | 1.75 | 0.82 | 0.66 | 0.64 | 1.90 | ||
| 0.51 | 0.65 | 0.99 | - | 0.88 | 1.12 | 0.99 | 0.70 | 0.94 | 1.39 | 1.97 | 1.89 | 2.23 | 3.23 | 3.48 | 4.30 | 5.71 | 5.18 | 0.90 | ||
| 4.6% | 0.6% | 61.1% | - | 1.6% | 3.3% | 11.9% | 13.7% | 10.9% | 6.2% | -1.0% | 7.2% | 6.1% | 6.8% | 1.3% | 26.4% | -1.0% | 7.1% | 23.0% | ||
| 3.0% | 0.4% | 30.7% | 2.3% | 0.8% | 1.6% | 6.0% | 8.1% | 5.6% | 2.6% | -0.3% | 2.5% | 1.9% | 1.6% | 0.3% | 5.0% | -0.2% | 1.1% | 12.1% | ||
| 33.99 | 5.83 | over 100 | 31.86 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-11-2025 | 30-11-2024 | 30-11-2023 | 30-11-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €4,468 | - | €233,308 | €7,332 |
| €22,721 | €21,305 | €15,975 | €17,590 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on TEAM SERVICES
The operating result for 2025 is 24% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 39.1% to 33.5%. Equity is higher and debt is lower.
- 2024 Net result -99% on 2023. The 2023 profit included a one-off income of €165,000.
- 2023 Net result +3,912% on 2022. The 2023 profit included a one-off income of €165,000.