TEAM IB: 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 IB
Largest movements
- Cash +€27,771
up €27,771 (+25.1%), from €110,797 to €138,568
mainly Net result for the year (+€56,194) and Tax, wage and social debts (+€4,757)
- Tangible fixed assets +€9,757
new in 2025: €9,757
of which Furniture and vehicles: +€7,871
- Receivables within one year +€6,050
new in 2025: €6,050
- Reserves +€44,694
up €44,694 (+48.3%), from €92,570 to €137,265
- Other debts -€5,000
down €5,000 (-85.5%), from €5,845 to €845
- Tax, wage and social debts +€4,757
up €4,757 (+48.7%), from €9,769 to €14,526
- Gross operating margin +€33,315
up €33,315 (+62.7%), from €53,108 to €86,423
- Taxes +€8,341
up €8,341 (+48.3%), from €17,263 to €25,604
- Depreciation +€3,463
up €3,463 (+2652.3%), from €131 to €3,593
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 | €110,797 | €154,375 | +€43,579 | +39.3% |
| Fixed assets | 21/28 | - | €9,757 | +€9,757 | |
| Tangible fixed assets | 22/27 | - | €9,757 | +€9,757 | |
| Plant, machinery and equipment | 23 | - | €1,887 | +€1,887 | |
| Furniture and vehicles | 24 | - | €7,871 | +€7,871 | |
| Current assets | 29/58 | €110,797 | €144,618 | +€33,821 | +30.5% |
| Amounts receivable within one year | 40/41 | - | €6,050 | +€6,050 | |
| Trade receivables | 40 | - | €6,050 | +€6,050 | |
| Cash at bank and in hand | 54/58 | €110,797 | €138,568 | +€27,771 | +25.1% |
| Total equity and liabilities | 10/49 | €110,797 | €154,375 | +€43,579 | +39.3% |
| Equity | 10/15 | €92,756 | €137,451 | +€44,694 | +48.2% |
| Contributions | 10/11 | €186 | €186 | = | 0.0% |
| Reserves | 13 | €92,570 | €137,265 | +€44,694 | +48.3% |
| Distributable reserves | 133 | €92,570 | €137,265 | +€44,694 | +48.3% |
| Amounts payable | 17/49 | €18,040 | €16,925 | -€1,116 | -6.2% |
| Amounts payable within one year | 42/48 | €18,040 | €16,925 | -€1,116 | -6.2% |
| Trade debts | 44 | €2,427 | €1,554 | -€872 | -36.0% |
| Suppliers | 440/4 | €2,427 | €1,554 | -€872 | -36.0% |
| Taxes, remuneration and social security | 45 | €9,769 | €14,526 | +€4,757 | +48.7% |
| Taxes | 450/3 | €9,769 | €14,526 | +€4,757 | +48.7% |
| Other amounts payable | 47/48 | €5,845 | €845 | -€5,000 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131 | €3,593 | +€3,463 | +2652.3% |
| Other operating charges | 640/8 | €1,106 | €883 | -€224 | -20.2% |
| Gross operating margin | 9900 | €53,108 | €86,423 | +€33,315 | +62.7% |
| Operating profit (loss) | 9901 | €51,871 | €81,947 | +€30,076 | +58.0% |
| Financial income | 75/76B | €3 | €11 | +€8 | +281.3% |
| Recurring financial income | 75 | €3 | €11 | +€8 | +281.3% |
| Financial charges | 65/66B | €93 | €160 | +€67 | +72.0% |
| Recurring financial charges | 65 | €93 | €160 | +€67 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | €51,781 | €81,798 | +€30,017 | +58.0% |
| Income taxes | 67/77 | €17,263 | €25,604 | +€8,341 | +48.3% |
| Profit (loss) for the period | 9904 | €34,518 | €56,194 | +€21,676 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,518 | €56,194 | +€21,676 | +62.8% |
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 3 October 2026 via checked.be.