TEAM DYNAMIC: 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 DYNAMIC
Largest movements
- Receivables within one year -€27,714
down €27,714 (-18.4%), from €150,494 to €122,780
of which Trade receivables: -€37,883
- Cash -€19,786
down €19,786 (-72.4%), from €27,337 to €7,551
mainly Net result for the year (-€48,344) and Tax, wage and social debts (-€24,466)
- Deferred charges and accrued income -€4,606
down €4,606 (-68.8%), from €6,693 to €2,088
- Tangible fixed assets -€4,385
down €4,385 (-32.2%), from €13,634 to €9,249
of which Furniture and vehicles: -€4,706
- Profit (loss) carried forward -€48,344
new in 2025: -€48,344
- Tax, wage and social debts -€24,466
down €24,466 (-63.2%), from €38,726 to €14,260
of which Taxes: -€29,855
- Trade debts +€16,366
up €16,366 (+46.3%), from €35,360 to €51,725
- Gross operating margin -€79,667
down €79,667 (-72.3%), from €110,248 to €30,581
- Staff costs +€55,809
up €55,809 (+92.0%), from €60,643 to €116,453
- Write-downs -€44,501
new in 2025: -€44,501
- Taxes -€14,225
no longer reported in 2025 (was €14,225)
- Depreciation +€3,568
up €3,568 (+227%), from €1,570 to €5,138
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 | €199,647 | €143,156 | -€56,491 | -28.3% |
| Fixed assets | 21/28 | €15,122 | €10,738 | -€4,385 | -29.0% |
| Tangible fixed assets | 22/27 | €13,634 | €9,249 | -€4,385 | -32.2% |
| Plant, machinery and equipment | 23 | - | €321 | +€321 | |
| Furniture and vehicles | 24 | €13,634 | €8,928 | -€4,706 | -34.5% |
| Financial fixed assets | 28 | €1,488 | €1,488 | = | 0.0% |
| Current assets | 29/58 | €184,524 | €132,418 | -€52,106 | -28.2% |
| Amounts receivable within one year | 40/41 | €150,494 | €122,780 | -€27,714 | -18.4% |
| Trade receivables | 40 | €150,494 | €112,611 | -€37,883 | -25.2% |
| Other amounts receivable | 41 | - | €10,169 | +€10,169 | |
| Cash at bank and in hand | 54/58 | €27,337 | €7,551 | -€19,786 | -72.4% |
| Deferred charges and accrued income | 490/1 | €6,693 | €2,088 | -€4,606 | -68.8% |
| Total equity and liabilities | 10/49 | €199,647 | €143,156 | -€56,491 | -28.3% |
| Equity | 10/15 | €125,515 | €77,171 | -€48,344 | -38.5% |
| Contributions | 10/11 | €5,001 | €5,001 | = | 0.0% |
| Reserves | 13 | €120,514 | €120,514 | = | 0.0% |
| Distributable reserves | 133 | €120,514 | €120,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€48,344 | -€48,344 | |
| Amounts payable | 17/49 | €74,131 | €65,985 | -€8,146 | -11.0% |
| Amounts payable within one year | 42/48 | €74,131 | €65,985 | -€8,146 | -11.0% |
| Trade debts | 44 | €35,360 | €51,725 | +€16,366 | +46.3% |
| Suppliers | 440/4 | €35,360 | €51,725 | +€16,366 | +46.3% |
| Taxes, remuneration and social security | 45 | €38,726 | €14,260 | -€24,466 | -63.2% |
| Taxes | 450/3 | €36,486 | €6,631 | -€29,855 | -81.8% |
| Remuneration and social security | 454/9 | €2,240 | €7,628 | +€5,389 | +241% |
| Other amounts payable | 47/48 | €46 | - | -€46 | |
| Remuneration, social security and pensions | 62 | €60,643 | €116,453 | +€55,809 | +92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,570 | €5,138 | +€3,568 | +227% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€44,501 | -€44,501 | |
| Other operating charges | 640/8 | €1,432 | €1,475 | +€43 | +3.0% |
| Gross operating margin | 9900 | €110,248 | €30,581 | -€79,667 | -72.3% |
| Operating profit (loss) | 9901 | €46,603 | -€47,984 | -€94,587 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €353 | €362 | +€9 | +2.5% |
| Recurring financial charges | 65 | €353 | €362 | +€9 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €46,249 | -€48,344 | -€94,594 | |
| Income taxes | 67/77 | €14,225 | - | -€14,225 | |
| Profit (loss) for the period | 9904 | €32,025 | -€48,344 | -€80,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,025 | -€48,344 | -€80,369 |
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 30 October 2026 via checked.be.