TEAK ONE: 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.
TEAK ONE
Largest movements
- Receivables within one year +€7,161
up €7,161 (+86.5%), from €8,280 to €15,441
of which Trade receivables: +€5,215
- Cash +€6,088
up €6,088 (+242%), from €2,514 to €8,602
mainly Net result for the year (+€7,816) and Depreciation (+€3,333)
- Tangible fixed assets -€3,333
down €3,333 (-50.0%), from €6,667 to €3,333
- Profit (loss) carried forward +€7,816
up €7,816 (+95.2%), from -€8,207 to -€390
- Trade debts +€2,581
up €2,581 (+220%), from €1,171 to €3,751
- Accrued charges and deferred income -€617
down €617 (-12.4%), from €4,969 to €4,352
- Gross operating margin +€10,366
up €10,366 (+87.2%), from €11,892 to €22,258
- Staff costs +€10,093
new in 2025: €10,093
- Taxes +€803
new in 2025: €803
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 | €17,461 | €27,377 | +€9,916 | +56.8% |
| Fixed assets | 21/28 | €6,667 | €3,333 | -€3,333 | -50.0% |
| Tangible fixed assets | 22/27 | €6,667 | €3,333 | -€3,333 | -50.0% |
| Furniture and vehicles | 24 | €6,667 | €3,333 | -€3,333 | -50.0% |
| Current assets | 29/58 | €10,794 | €24,043 | +€13,249 | +123% |
| Amounts receivable within one year | 40/41 | €8,280 | €15,441 | +€7,161 | +86.5% |
| Trade receivables | 40 | €8,280 | €13,495 | +€5,215 | +63.0% |
| Other amounts receivable | 41 | - | €1,947 | +€1,947 | |
| Cash at bank and in hand | 54/58 | €2,514 | €8,602 | +€6,088 | +242% |
| Total equity and liabilities | 10/49 | €17,461 | €27,377 | +€9,916 | +56.8% |
| Equity | 10/15 | €10,653 | €18,470 | +€7,816 | +73.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €260 | €260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €260 | €260 | = | 0.0% |
| Legal reserve | 130 | €260 | - | -€260 | |
| Reserves not available under the articles | 1311 | - | €260 | +€260 | |
| Profit (loss) carried forward | 14 | -€8,207 | -€390 | +€7,816 | +95.2% |
| Amounts payable | 17/49 | €6,807 | €8,907 | +€2,100 | +30.8% |
| Amounts payable within one year | 42/48 | €1,838 | €4,554 | +€2,716 | +148% |
| Trade debts | 44 | €1,171 | €3,751 | +€2,581 | +220% |
| Suppliers | 440/4 | €1,171 | €3,751 | +€2,581 | +220% |
| Taxes, remuneration and social security | 45 | €667 | €803 | +€136 | +20.3% |
| Taxes | 450/3 | €667 | €803 | +€136 | +20.3% |
| Accrued charges and deferred income | 492/3 | €4,969 | €4,352 | -€617 | -12.4% |
| Remuneration, social security and pensions | 62 | - | €10,093 | +€10,093 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €3,333 | = | 0.0% |
| Other operating charges | 640/8 | - | €69 | +€69 | |
| Gross operating margin | 9900 | €11,892 | €22,258 | +€10,366 | +87.2% |
| Operating profit (loss) | 9901 | €8,559 | €8,764 | +€205 | +2.4% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €51 | €187 | +€136 | +268% |
| Recurring financial charges | 65 | €51 | €187 | +€136 | +268% |
| Profit (loss) for the period before taxes | 9903 | €8,508 | €8,619 | +€111 | +1.3% |
| Income taxes | 67/77 | - | €803 | +€803 | |
| Profit (loss) for the period | 9904 | €8,508 | €7,816 | -€692 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,508 | €7,816 | -€692 | -8.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.