TEAKSTORE.BE: what changed
Two fiscal 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.
What changed
TEAKSTORE.BE
NACE 47.551, Retail sale of household furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,612
2024 · €5,681+€18,931
Equity
€359,382
2024 · €334,770+€24,612
Cash
€34,256
2024 · €35,464-€1,208
Balance sheet total
€2.5m
2024 · €2.4m+€125,942
Largest movements
Assets
- Stocks and contracts +€102,168
up €102,168 (+10.2%), from €999,761 to €1.1m
- Receivables within one year +€59,134
up €59,134 (+24.7%), from €239,283 to €298,417
of which Trade receivables: +€57,259
- Tangible fixed assets -€26,294
down €26,294 (-2.4%), from €1.1m to €1.1m
of which Land and buildings: -€25,029
Equity and liabilities
- Advances received +€106,512
up €106,512 (+36.4%), from €292,432 to €398,944
- Current portion of long-term debt +€51,777
up €51,777 (+13.7%), from €379,263 to €431,041
- Trade debts -€34,871
down €34,871 (-30.2%), from €115,640 to €80,769
- Debts after one year -€25,454
down €25,454 (-2.2%), from €1.1m to €1.1m
Income statement
- Gross operating margin +€49,811
up €49,811 (+15.3%), from €325,271 to €375,082
- Staff costs +€26,078
up €26,078 (+12.7%), from €205,561 to €231,638
- Depreciation -€14,505
down €14,505 (-23.9%), from €60,723 to €46,218
- Taxes +€13,254
up €13,254 (+626.7%), from €2,115 to €15,369
- Financial charges +€4,082
up €4,082 (+10.2%), from €39,845 to €43,927
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.
Result 2024
€5,681
Gross operating margin
+€49,811
Staff costs
-€26,078
Depreciation
+€14,505
Other operating charges
-€236
Other operating items
-€1,428
Financial income
-€306
Financial charges
-€4,082
Taxes
-€13,254
Result 2025
€24,612
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.
From operations
-€1,607
Investment
-€13,683
Financing
+€14,081
Cash 2024
€35,464
From operations (derived)
-€1,607
Net result for the year
+€24,612
Depreciation
+€46,218
Stocks and contracts
-€102,168
Receivables within one year
-€59,134
Deferred charges and accrued income
+€1,616
Trade debts
-€34,871
Tax, wage and social debts
+€22,696
Advances received
+€106,512
Accrued charges and deferred income
-€7,088
Investment (derived)
-€13,683
Investment in fixed assets (net)
-€13,683
Financing
+€14,081
Debts after one year
-€25,454
Current portion of long-term debt
+€51,777
Short-term financial debts
-€12,242
Cash 2025
€34,256
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,407,166 | €2,533,108 | +€125,942 | +5.2% |
| Fixed assets | 21/28 | €1,125,804 | €1,093,269 | -€32,535 | -2.9% |
| Intangible fixed assets | 21 | €27,031 | €20,790 | -€6,241 | -23.1% |
| Tangible fixed assets | 22/27 | €1,096,452 | €1,070,158 | -€26,294 | -2.4% |
| Land and buildings | 22 | €1,057,450 | €1,032,421 | -€25,029 | -2.4% |
| Plant, machinery and equipment | 23 | €5,233 | €7,414 | +€2,180 | +41.7% |
| Furniture and vehicles | 24 | €11,161 | €13,036 | +€1,875 | +16.8% |
| Other tangible fixed assets | 26 | €22,608 | €17,288 | -€5,320 | -23.5% |
| Financial fixed assets | 28 | €2,321 | €2,321 | = | 0.0% |
| Current assets | 29/58 | €1,281,362 | €1,439,839 | +€158,477 | +12.4% |
| Stocks and contracts in progress | 3 | €999,761 | €1,101,929 | +€102,168 | +10.2% |
| Stocks | 30/36 | €999,761 | €1,101,929 | +€102,168 | +10.2% |
| Amounts receivable within one year | 40/41 | €239,283 | €298,417 | +€59,134 | +24.7% |
| Trade receivables | 40 | €223,370 | €280,629 | +€57,259 | +25.6% |
| Other amounts receivable | 41 | €15,913 | €17,788 | +€1,875 | +11.8% |
| Cash at bank and in hand | 54/58 | €35,464 | €34,256 | -€1,208 | -3.4% |
| Deferred charges and accrued income | 490/1 | €6,854 | €5,237 | -€1,616 | -23.6% |
| Total equity and liabilities | 10/49 | €2,407,166 | €2,533,108 | +€125,942 | +5.2% |
| Equity | 10/15 | €334,770 | €359,382 | +€24,612 | +7.4% |
| Contributions | 10/11 | €145,000 | €145,000 | = | 0.0% |
| Capital | 10 | €145,000 | €145,000 | = | 0.0% |
| Issued capital | 100 | €145,000 | €145,000 | = | 0.0% |
| Reserves | 13 | €189,770 | €214,382 | +€24,612 | +13.0% |
| Non-distributable reserves | 130/1 | €14,500 | €14,500 | = | 0.0% |
| Legal reserve | 130 | €14,500 | €14,500 | = | 0.0% |
| Distributable reserves | 133 | €175,270 | €199,882 | +€24,612 | +14.0% |
| Amounts payable | 17/49 | €2,072,397 | €2,173,727 | +€101,330 | +4.9% |
| Amounts payable after more than one year | 17 | €1,136,347 | €1,110,893 | -€25,454 | -2.2% |
| Financial debts | 170/4 | €1,136,347 | €1,110,893 | -€25,454 | -2.2% |
| Amounts payable within one year | 42/48 | €928,962 | €1,062,833 | +€133,872 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €379,263 | €431,041 | +€51,777 | +13.7% |
| Financial debts | 43 | €12,242 | €0 | -€12,242 | -100.0% |
| Credit institutions | 430/8 | €12,242 | €0 | -€12,242 | -100.0% |
| Trade debts | 44 | €115,640 | €80,769 | -€34,871 | -30.2% |
| Suppliers | 440/4 | €115,640 | €80,769 | -€34,871 | -30.2% |
| Advances received on contracts in progress | 46 | €292,432 | €398,944 | +€106,512 | +36.4% |
| Taxes, remuneration and social security | 45 | €129,384 | €152,080 | +€22,696 | +17.5% |
| Taxes | 450/3 | €92,615 | €104,609 | +€11,994 | +13.0% |
| Remuneration and social security | 454/9 | €36,770 | €47,471 | +€10,701 | +29.1% |
| Accrued charges and deferred income | 492/3 | €7,088 | €0 | -€7,088 | -100.0% |
| Non-recurring operating income | 76A | €15,871 | €0 | -€15,871 | -100.0% |
| Remuneration, social security and pensions | 62 | €205,561 | €231,638 | +€26,078 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,723 | €46,218 | -€14,505 | -23.9% |
| Other operating charges | 640/8 | €10,186 | €10,422 | +€236 | +2.3% |
| Non-recurring operating charges | 66A | €1,528 | €2,956 | +€1,428 | +93.5% |
| Gross operating margin | 9900 | €325,271 | €375,082 | +€49,811 | +15.3% |
| Operating profit (loss) | 9901 | €47,274 | €83,848 | +€36,574 | +77.4% |
| Financial income | 75/76B | €367 | €60 | -€306 | -83.6% |
| Recurring financial income | 75 | €367 | €60 | -€306 | -83.6% |
| Financial charges | 65/66B | €39,845 | €43,927 | +€4,082 | +10.2% |
| Recurring financial charges | 65 | €39,845 | €43,927 | +€4,082 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €7,796 | €39,981 | +€32,186 | +412.9% |
| Income taxes | 67/77 | €2,115 | €15,369 | +€13,254 | +626.7% |
| Profit (loss) for the period | 9904 | €5,681 | €24,612 | +€18,931 | +333.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,681 | €24,612 | +€18,931 | +333.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.