Team For Action: 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 For Action
Largest movements
- Receivables within one year -€19,131
down €19,131 (-34.2%), from €55,956 to €36,824
of which Trade receivables: -€15,184
- Intangible fixed assets +€11,825
up €11,825 (+9.9%), from €119,208 to €131,033
- Cash -€7,087
down €7,087 (-4.1%), from €171,692 to €164,604
mainly Investment in fixed assets (net) (-€78,401) and Net result for the year (-€23,493)
- Tangible fixed assets -€6,248
down €6,248 (-29.1%), from €21,490 to €15,242
of which Furniture and vehicles: -€5,949
- Profit (loss) carried forward -€23,493
down €23,493 (-8.6%), from €274,446 to €250,954
- Debts after one year -€4,560
down €4,560 (-32.9%), from €13,878 to €9,318
- Gross operating margin +€47,801
up €47,801 (+58.4%), from €81,826 to €129,627
- Financial income -€33,495
down €33,495 (-80.4%), from €41,634 to €8,140
- Depreciation +€12,429
up €12,429 (+20.6%), from €60,394 to €72,824
- Staff costs +€3,977
up €3,977 (+4.9%), from €80,456 to €84,433
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 | €371,322 | €350,125 | -€21,197 | -5.7% |
| Fixed assets | 21/28 | €143,120 | €148,697 | +€5,577 | +3.9% |
| Intangible fixed assets | 21 | €119,208 | €131,033 | +€11,825 | +9.9% |
| Tangible fixed assets | 22/27 | €21,490 | €15,242 | -€6,248 | -29.1% |
| Plant, machinery and equipment | 23 | €521 | €223 | -€299 | -57.3% |
| Furniture and vehicles | 24 | €20,968 | €15,020 | -€5,949 | -28.4% |
| Financial fixed assets | 28 | €2,422 | €2,422 | = | 0.0% |
| Current assets | 29/58 | €228,202 | €201,429 | -€26,774 | -11.7% |
| Amounts receivable within one year | 40/41 | €55,956 | €36,824 | -€19,131 | -34.2% |
| Trade receivables | 40 | €28,133 | €12,948 | -€15,184 | -54.0% |
| Other amounts receivable | 41 | €27,823 | €23,876 | -€3,947 | -14.2% |
| Cash at bank and in hand | 54/58 | €171,692 | €164,604 | -€7,087 | -4.1% |
| Deferred charges and accrued income | 490/1 | €555 | - | -€555 | |
| Total equity and liabilities | 10/49 | €371,322 | €350,125 | -€21,197 | -5.7% |
| Equity | 10/15 | €294,730 | €271,237 | -€23,493 | -8.0% |
| Contributions | 10/11 | €18,420 | €18,420 | = | 0.0% |
| Reserves | 13 | €1,864 | €1,864 | = | 0.0% |
| Distributable reserves | 133 | €1,864 | €1,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | €274,446 | €250,954 | -€23,493 | -8.6% |
| Amounts payable | 17/49 | €76,592 | €78,888 | +€2,296 | +3.0% |
| Amounts payable after more than one year | 17 | €13,878 | €9,318 | -€4,560 | -32.9% |
| Financial debts | 170/4 | €13,878 | €9,318 | -€4,560 | -32.9% |
| Amounts payable within one year | 42/48 | €62,714 | €69,570 | +€6,856 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €4,365 | €4,560 | +€195 | +4.5% |
| Trade debts | 44 | €37,635 | €40,677 | +€3,042 | +8.1% |
| Suppliers | 440/4 | €37,635 | €40,677 | +€3,042 | +8.1% |
| Taxes, remuneration and social security | 45 | €20,714 | €24,333 | +€3,619 | +17.5% |
| Taxes | 450/3 | €360 | €760 | +€400 | +111% |
| Remuneration and social security | 454/9 | €20,354 | €23,573 | +€3,219 | +15.8% |
| Remuneration, social security and pensions | 62 | €80,456 | €84,433 | +€3,977 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,394 | €72,824 | +€12,429 | +20.6% |
| Other operating charges | 640/8 | €1,238 | €1,079 | -€159 | -12.9% |
| Gross operating margin | 9900 | €81,826 | €129,627 | +€47,801 | +58.4% |
| Operating profit (loss) | 9901 | -€60,262 | -€28,708 | +€31,554 | +52.4% |
| Financial income | 75/76B | €41,634 | €8,140 | -€33,495 | -80.4% |
| Recurring financial income | 75 | €41,634 | €8,140 | -€33,495 | -80.4% |
| Financial charges | 65/66B | €2,076 | €2,366 | +€290 | +14.0% |
| Recurring financial charges | 65 | €2,076 | €2,366 | +€290 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,704 | -€22,935 | -€2,230 | -10.8% |
| Income taxes | 67/77 | €1,546 | €558 | -€988 | -63.9% |
| Profit (loss) for the period | 9904 | -€22,250 | -€23,493 | -€1,243 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,250 | -€23,493 | -€1,243 | -5.6% |
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 23 October 2026 via checked.be.