TEAM CONCEPT: 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.
TEAM CONCEPT
Largest movements
- Receivables within one year -€3,225
no longer reported in 2025 (was €3,225)
- Tangible fixed assets +€911
up €911 (+241.0%), from €378 to €1,289
of which Furniture and vehicles: +€1,067
- Cash +€401
up €401 (+2.8%), from €14,547 to €14,948
mainly Other debts (+€14,482) and Net result for the year (+€5,157)
- Deferred charges and accrued income +€356
new in 2025: €356
- Short-term financial debts -€18,899
no longer reported in 2025 (was €18,899)
- Other debts +€14,482
new in 2025: €14,482
- Profit (loss) carried forward +€5,157
up €5,157 (+43.5%), from -€11,858 to -€6,701
- Tax, wage and social debts -€1,156
down €1,156 (-33.0%), from €3,502 to €2,346
of which Remuneration and social security: -€1,700
- Trade debts -€1,140
down €1,140 (-51.2%), from €2,226 to €1,086
- Gross operating margin +€9,707
up €9,707, from -€3,805 to €5,902
- Depreciation +€262
new in 2025: €262
- Other operating charges +€200
up €200 (+155.0%), from €129 to €329
- Financial charges +€114
up €114 (+285.0%), from €40 to €154
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 | €18,190 | €16,633 | -€1,557 | -8.6% |
| Fixed assets | 21/28 | €418 | €1,329 | +€911 | +217.9% |
| Tangible fixed assets | 22/27 | €378 | €1,289 | +€911 | +241.0% |
| Plant, machinery and equipment | 23 | €378 | €222 | -€156 | -41.3% |
| Furniture and vehicles | 24 | - | €1,067 | +€1,067 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €17,772 | €15,304 | -€2,468 | -13.9% |
| Amounts receivable within one year | 40/41 | €3,225 | - | -€3,225 | |
| Trade receivables | 40 | €3,225 | - | -€3,225 | |
| Cash at bank and in hand | 54/58 | €14,547 | €14,948 | +€401 | +2.8% |
| Deferred charges and accrued income | 490/1 | - | €356 | +€356 | |
| Total equity and liabilities | 10/49 | €18,190 | €16,633 | -€1,557 | -8.6% |
| Equity | 10/15 | -€6,437 | -€1,281 | +€5,156 | +80.1% |
| Contributions | 10/11 | €4,762 | €4,762 | = | 0.0% |
| Reserves | 13 | €659 | €658 | -€1 | -0.2% |
| Non-distributable reserves | 130/1 | €659 | - | -€659 | |
| Reserves not available under the articles | 1311 | €659 | - | -€659 | |
| Distributable reserves | 133 | - | €658 | +€658 | |
| Profit (loss) carried forward | 14 | -€11,858 | -€6,701 | +€5,157 | +43.5% |
| Amounts payable | 17/49 | €24,627 | €17,914 | -€6,713 | -27.3% |
| Amounts payable within one year | 42/48 | €24,627 | €17,914 | -€6,713 | -27.3% |
| Financial debts | 43 | €18,899 | - | -€18,899 | |
| Other loans | 439 | €18,899 | - | -€18,899 | |
| Trade debts | 44 | €2,226 | €1,086 | -€1,140 | -51.2% |
| Suppliers | 440/4 | €2,226 | €1,086 | -€1,140 | -51.2% |
| Taxes, remuneration and social security | 45 | €3,502 | €2,346 | -€1,156 | -33.0% |
| Taxes | 450/3 | €1,802 | €2,346 | +€544 | +30.2% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | - | €14,482 | +€14,482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €262 | +€262 | |
| Other operating charges | 640/8 | €129 | €329 | +€200 | +155.0% |
| Gross operating margin | 9900 | -€3,805 | €5,902 | +€9,707 | |
| Operating profit (loss) | 9901 | -€3,934 | €5,311 | +€9,245 | |
| Financial charges | 65/66B | €40 | €154 | +€114 | +285.0% |
| Recurring financial charges | 65 | €40 | €154 | +€114 | +285.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,974 | €5,157 | +€9,131 | |
| Profit (loss) for the period | 9904 | -€3,974 | €5,157 | +€9,131 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,974 | €5,157 | +€9,131 |
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 6 October 2026 via checked.be.