TEAM 3D RENOVATION: 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.
TEAM 3D RENOVATION
Largest movements
- Tangible fixed assets +€68,438
up €68,438 (+287%), from €23,875 to €92,313
of which Furniture and vehicles: +€69,597
- Cash +€17,393
up €17,393 (+54.7%), from €31,781 to €49,174
mainly Debts after one year (+€35,560) and Net result for the year (+€23,511)
- Receivables within one year +€5,338
up €5,338 (+117%), from €4,572 to €9,910
of which Trade receivables: +€5,339
- Debts after one year +€35,560
up €35,560 (+674%), from €5,274 to €40,834
- Profit (loss) carried forward +€23,511
up €23,511 (+74.4%), from €31,594 to €55,105
- Current portion of long-term debt +€14,684
up €14,684 (+291%), from €5,040 to €19,724
- Other debts +€12,034
up €12,034 (+277%), from €4,337 to €16,371
- Trade debts +€5,004
up €5,004 (+5,381%), from €93 to €5,097
- Gross operating margin +€29,505
up €29,505 (+191%), from €15,434 to €44,939
- Depreciation +€6,790
up €6,790 (+126%), from €5,376 to €12,166
- Taxes -€4,103
down €4,103 (-76.3%), from €5,380 to €1,277
- Staff costs +€2,173
up €2,173 (+74.4%), from €2,919 to €5,092
- Financial charges +€511
up €511 (+59.7%), from €857 to €1,368
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 | €60,600 | €151,769 | +€91,169 | +150% |
| Fixed assets | 21/28 | €24,247 | €92,684 | +€68,437 | +282% |
| Tangible fixed assets | 22/27 | €23,875 | €92,313 | +€68,438 | +287% |
| Plant, machinery and equipment | 23 | €1,936 | €776 | -€1,160 | -59.9% |
| Furniture and vehicles | 24 | €21,939 | €91,536 | +€69,597 | +317% |
| Financial fixed assets | 28 | €372 | €372 | -€0 | 0.0% |
| Current assets | 29/58 | €36,353 | €59,085 | +€22,732 | +62.5% |
| Amounts receivable within one year | 40/41 | €4,572 | €9,910 | +€5,338 | +117% |
| Trade receivables | 40 | €4,237 | €9,576 | +€5,339 | +126% |
| Other amounts receivable | 41 | €335 | €335 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €31,781 | €49,174 | +€17,393 | +54.7% |
| Total equity and liabilities | 10/49 | €60,600 | €151,769 | +€91,169 | +150% |
| Equity | 10/15 | €45,848 | €69,359 | +€23,511 | +51.3% |
| Contributions | 10/11 | €12,395 | €12,395 | -€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €31,594 | €55,105 | +€23,511 | +74.4% |
| Amounts payable | 17/49 | €14,752 | €82,410 | +€67,658 | +459% |
| Amounts payable after more than one year | 17 | €5,274 | €40,834 | +€35,560 | +674% |
| Financial debts | 170/4 | €5,274 | €40,834 | +€35,560 | +674% |
| Amounts payable within one year | 42/48 | €9,478 | €41,576 | +€32,098 | +339% |
| Current portion of amounts payable after more than one year | 42 | €5,040 | €19,724 | +€14,684 | +291% |
| Trade debts | 44 | €93 | €5,097 | +€5,004 | +5,381% |
| Suppliers | 440/4 | €93 | €5,097 | +€5,004 | +5,381% |
| Taxes, remuneration and social security | 45 | €8 | €384 | +€376 | +4,700% |
| Taxes | 450/3 | €8 | €384 | +€376 | +4,700% |
| Other amounts payable | 47/48 | €4,337 | €16,371 | +€12,034 | +277% |
| Remuneration, social security and pensions | 62 | €2,919 | €5,092 | +€2,173 | +74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,376 | €12,166 | +€6,790 | +126% |
| Other operating charges | 640/8 | €1,289 | €1,524 | +€235 | +18.2% |
| Non-recurring operating charges | 66A | €463 | - | -€463 | |
| Gross operating margin | 9900 | €15,434 | €44,939 | +€29,505 | +191% |
| Operating profit (loss) | 9901 | €5,387 | €26,157 | +€20,770 | +386% |
| Financial charges | 65/66B | €857 | €1,368 | +€511 | +59.7% |
| Recurring financial charges | 65 | €857 | €1,368 | +€511 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | €4,530 | €24,789 | +€20,259 | +447% |
| Income taxes | 67/77 | €5,380 | €1,277 | -€4,103 | -76.3% |
| Profit (loss) for the period | 9904 | -€850 | €23,511 | +€24,361 | |
| Profit (loss) for the period to be appropriated | 9905 | -€850 | €23,511 | +€24,361 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.