INCOTEAM: 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.
INCOTEAM
Largest movements
- Cash -€178,643
down €178,643 (-66.9%), from €266,921 to €88,278
mainly Contributions, distributions and other (-€100,292) and Receivables within one year (-€47,675)
- Receivables within one year +€47,675
up €47,675 (+97.4%), from €48,947 to €96,622
of which Other amounts receivable: +€52,275
- Contributions -€100,292
down €100,292 (-17.0%), from €590,679 to €490,387
of which Contributions outside capital: -€75,792
- Trade debts -€26,035
down €26,035 (-26.9%), from €96,795 to €70,760
- Turnover -€27,256
down €27,256 (-27.5%), from €99,257 to €72,001
- Purchases and services -€25,360
down €25,360 (-25.3%), from €100,138 to €74,778
- Taxes +€4,596
up €4,596, from -€4,596 to €0
- Financial income -€4,336
down €4,336 (-100.0%), from €4,336 to €0
- Gross operating margin -€1,897
down €1,897 (-215.3%), from -€881 to -€2,778
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 | €981,871 | €850,902 | -€130,968 | -13.3% |
| Fixed assets | 21/28 | €666,002 | €666,002 | = | 0.0% |
| Financial fixed assets | 28 | €666,002 | €666,002 | = | 0.0% |
| Current assets | 29/58 | €315,869 | €184,900 | -€130,968 | -41.5% |
| Amounts receivable within one year | 40/41 | €48,947 | €96,622 | +€47,675 | +97.4% |
| Trade receivables | 40 | €25,062 | €20,462 | -€4,600 | -18.4% |
| Other amounts receivable | 41 | €23,886 | €76,161 | +€52,275 | +218.9% |
| Cash at bank and in hand | 54/58 | €266,921 | €88,278 | -€178,643 | -66.9% |
| Total equity and liabilities | 10/49 | €981,871 | €850,902 | -€130,968 | -13.3% |
| Equity | 10/15 | €858,744 | €753,810 | -€104,934 | -12.2% |
| Contributions | 10/11 | €590,679 | €490,387 | -€100,292 | -17.0% |
| Capital | 10 | €292,800 | €268,300 | -€24,500 | -8.4% |
| Issued capital | 100 | €292,800 | €268,300 | -€24,500 | -8.4% |
| Contributions outside capital | 11 | €297,879 | €222,087 | -€75,792 | -25.4% |
| Share premium | 1100/10 | €297,879 | €222,087 | -€75,792 | -25.4% |
| Reserves | 13 | €15,081 | €15,081 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,081 | €15,081 | = | 0.0% |
| Legal reserve | 130 | €15,081 | €15,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,984 | €248,343 | -€4,641 | -1.8% |
| Amounts payable | 17/49 | €123,127 | €97,092 | -€26,035 | -21.1% |
| Amounts payable within one year | 42/48 | €123,127 | €97,092 | -€26,035 | -21.1% |
| Trade debts | 44 | €96,795 | €70,760 | -€26,035 | -26.9% |
| Suppliers | 440/4 | €96,795 | €70,760 | -€26,035 | -26.9% |
| Taxes, remuneration and social security | 45 | €26,332 | €26,332 | = | 0.0% |
| Taxes | 450/3 | €26,332 | €26,332 | = | 0.0% |
| Turnover | 70 | €99,257 | €72,001 | -€27,256 | -27.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,138 | €74,778 | -€25,360 | -25.3% |
| Other operating charges | 640/8 | €425 | €1,410 | +€985 | +232.1% |
| Gross operating margin | 9900 | -€881 | -€2,778 | -€1,897 | -215.3% |
| Operating profit (loss) | 9901 | -€1,306 | -€4,188 | -€2,882 | -220.7% |
| Financial income | 75/76B | €4,336 | €0 | -€4,336 | -100.0% |
| Recurring financial income | 75 | €4,336 | €0 | -€4,336 | -100.0% |
| Financial charges | 65/66B | €288 | €454 | +€166 | +57.7% |
| Recurring financial charges | 65 | €288 | €454 | +€166 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | €2,742 | -€4,641 | -€7,384 | |
| Income taxes | 67/77 | -€4,596 | €0 | +€4,596 | |
| Profit (loss) for the period | 9904 | €7,338 | -€4,641 | -€11,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,338 | -€4,641 | -€11,979 |
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 9 October 2026 via checked.be.