A-R TEAM CONCEPT: 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.
A-R TEAM CONCEPT
Largest movements
- Cash -€15,427
down €15,427 (-93.5%), from €16,492 to €1,065
mainly Other debts (-€21,000) and Stocks and contracts (-€5,003)
- Stocks and contracts +€5,003
up €5,003 (+6.0%), from €82,703 to €87,706
- Other debts -€21,000
down €21,000 (-48.8%), from €43,000 to €22,000
- Reserves +€7,000
new in 2025: €7,000
- Tax, wage and social debts +€3,690
up €3,690 (+181%), from €2,040 to €5,730
- Turnover -€29,448
down €29,448 (-68.6%), from €42,948 to €13,500
- Purchases and services -€24,222
down €24,222 (-94.5%), from €25,637 to €1,415
- Gross operating margin -€5,226
down €5,226 (-30.2%), from €17,311 to €12,085
- Financial charges -€2,518
down €2,518 (-95.8%), from €2,628 to €110
- Other operating charges -€1,786
down €1,786 (-70.0%), from €2,550 to €764
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 | €99,674 | €89,864 | -€9,810 | -9.8% |
| Current assets | 29/58 | €99,674 | €89,864 | -€9,810 | -9.8% |
| Stocks and contracts in progress | 3 | €82,703 | €87,706 | +€5,003 | +6.0% |
| Stocks | 30/36 | €82,703 | €87,706 | +€5,003 | +6.0% |
| Amounts receivable within one year | 40/41 | €479 | €1,093 | +€614 | +128% |
| Other amounts receivable | 41 | €479 | €1,093 | +€614 | +128% |
| Cash at bank and in hand | 54/58 | €16,492 | €1,065 | -€15,427 | -93.5% |
| Total equity and liabilities | 10/49 | €99,674 | €89,864 | -€9,810 | -9.8% |
| Equity | 10/15 | €43,894 | €51,415 | +€7,521 | +17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €7,000 | +€7,000 | |
| Distributable reserves | 133 | - | €7,000 | +€7,000 | |
| Profit (loss) carried forward | 14 | €23,894 | €24,415 | +€521 | +2.2% |
| Amounts payable | 17/49 | €55,780 | €38,449 | -€17,331 | -31.1% |
| Amounts payable within one year | 42/48 | €55,780 | €38,449 | -€17,331 | -31.1% |
| Trade debts | 44 | €10,740 | €10,719 | -€21 | -0.2% |
| Suppliers | 440/4 | €10,740 | €10,719 | -€21 | -0.2% |
| Taxes, remuneration and social security | 45 | €2,040 | €5,730 | +€3,690 | +181% |
| Taxes | 450/3 | €2,040 | €5,730 | +€3,690 | +181% |
| Other amounts payable | 47/48 | €43,000 | €22,000 | -€21,000 | -48.8% |
| Turnover | 70 | €42,948 | €13,500 | -€29,448 | -68.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,637 | €1,415 | -€24,222 | -94.5% |
| Other operating charges | 640/8 | €2,550 | €764 | -€1,786 | -70.0% |
| Gross operating margin | 9900 | €17,311 | €12,085 | -€5,226 | -30.2% |
| Operating profit (loss) | 9901 | €14,761 | €11,321 | -€3,440 | -23.3% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €2,628 | €110 | -€2,518 | -95.8% |
| Recurring financial charges | 65 | €2,628 | €110 | -€2,518 | -95.8% |
| Profit (loss) for the period before taxes | 9903 | €12,162 | €11,211 | -€951 | -7.8% |
| Income taxes | 67/77 | €2,044 | €3,690 | +€1,646 | +80.5% |
| Profit (loss) for the period | 9904 | €10,118 | €7,521 | -€2,597 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,118 | €7,521 | -€2,597 | -25.7% |
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.