T-ICTEAM: 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.
T-ICTEAM
Largest movements
- Cash -€33,604
down €33,604 (-14.6%), from €230,067 to €196,463
mainly Other debts (-€27,609) and Net result for the year (-€10,521)
- Receivables within one year -€9,639
down €9,639 (-68.1%), from €14,152 to €4,513
of which Trade receivables: -€12,364
- Tangible fixed assets -€5,432
down €5,432 (-33.0%), from €16,450 to €11,018
- Other debts -€27,609
down €27,609 (-84.9%), from €32,522 to €4,913
- Profit (loss) carried forward -€10,521
new in 2025: -€10,521
- Tax, wage and social debts -€5,302
down €5,302 (-30.9%), from €17,146 to €11,844
of which Taxes: -€7,275
- Debts after one year -€4,922
no longer reported in 2025 (was €4,922)
- Gross operating margin -€118,533
down €118,533, from €117,478 to -€1,056
- Taxes -€31,541
down €31,541 (-99.3%), from €31,751 to €210
- Other operating charges +€1,356
up €1,356 (+263.7%), from €514 to €1,870
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 | €261,121 | €213,852 | -€47,268 | -18.1% |
| Formation expenses | 20 | €453 | €253 | -€200 | -44.1% |
| Fixed assets | 21/28 | €16,450 | €11,018 | -€5,432 | -33.0% |
| Tangible fixed assets | 22/27 | €16,450 | €11,018 | -€5,432 | -33.0% |
| Furniture and vehicles | 24 | €16,450 | €11,018 | -€5,432 | -33.0% |
| Current assets | 29/58 | €244,218 | €202,582 | -€41,637 | -17.0% |
| Amounts receivable within one year | 40/41 | €14,152 | €4,513 | -€9,639 | -68.1% |
| Trade receivables | 40 | €14,152 | €1,788 | -€12,364 | -87.4% |
| Other amounts receivable | 41 | - | €2,725 | +€2,725 | |
| Cash at bank and in hand | 54/58 | €230,067 | €196,463 | -€33,604 | -14.6% |
| Deferred charges and accrued income | 490/1 | - | €1,606 | +€1,606 | |
| Total equity and liabilities | 10/49 | €261,121 | €213,852 | -€47,268 | -18.1% |
| Equity | 10/15 | €201,399 | €190,878 | -€10,521 | -5.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €198,399 | €198,399 | = | 0.0% |
| Distributable reserves | 133 | €198,399 | €198,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,521 | -€10,521 | |
| Amounts payable | 17/49 | €59,721 | €22,974 | -€36,747 | -61.5% |
| Amounts payable after more than one year | 17 | €4,922 | - | -€4,922 | |
| Financial debts | 170/4 | €4,922 | - | -€4,922 | |
| Amounts payable within one year | 42/48 | €54,800 | €21,679 | -€33,121 | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €5,132 | €4,922 | -€210 | -4.1% |
| Taxes, remuneration and social security | 45 | €17,146 | €11,844 | -€5,302 | -30.9% |
| Taxes | 450/3 | €16,026 | €8,751 | -€7,275 | -45.4% |
| Remuneration and social security | 454/9 | €1,120 | €3,093 | +€1,973 | +176.2% |
| Other amounts payable | 47/48 | €32,522 | €4,913 | -€27,609 | -84.9% |
| Accrued charges and deferred income | 492/3 | - | €1,296 | +€1,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,273 | €5,631 | +€359 | +6.8% |
| Other operating charges | 640/8 | €514 | €1,870 | +€1,356 | +263.7% |
| Gross operating margin | 9900 | €117,478 | -€1,056 | -€118,533 | |
| Operating profit (loss) | 9901 | €111,691 | -€8,557 | -€120,248 | |
| Financial charges | 65/66B | €713 | €1,754 | +€1,041 | +145.9% |
| Recurring financial charges | 65 | €713 | €1,754 | +€1,041 | +145.9% |
| Profit (loss) for the period before taxes | 9903 | €110,977 | -€10,311 | -€121,288 | |
| Income taxes | 67/77 | €31,751 | €210 | -€31,541 | -99.3% |
| Profit (loss) for the period | 9904 | €79,226 | -€10,521 | -€89,748 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,226 | -€10,521 | -€89,748 |
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 11 October 2026 via checked.be.