TEAM IMMO: 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 IMMO
Largest movements
- Tangible fixed assets -€37,875
down €37,875 (-4.6%), from €817,803 to €779,928
of which Land and buildings: -€34,996
- Cash -€9,004
down €9,004 (-14.5%), from €61,993 to €52,990
mainly Net result for the year (-€49,685) and Provisions (-€1,766)
- Reserves -€31,591
down €31,591 (-5.3%), from €594,203 to €562,612
of which Tax-exempt reserves: -€31,591
- Profit (loss) carried forward -€18,095
down €18,095 (-15.2%), from -€118,833 to -€136,927
- Gross operating margin +€5,337
up €5,337 (+66.1%), from -€8,078 to -€2,741
- Other operating charges -€728
down €728 (-21.7%), from €3,359 to €2,631
- Financial charges +€514
up €514 (+6.4%), from €8,056 to €8,569
- Depreciation -€272
down €272 (-0.7%), from €38,147 to €37,875
- Financial income +€252
up €252 (+224.6%), from €112 to €364
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 | €884,706 | €837,709 | -€46,998 | -5.3% |
| Fixed assets | 21/28 | €817,913 | €780,038 | -€37,875 | -4.6% |
| Tangible fixed assets | 22/27 | €817,803 | €779,928 | -€37,875 | -4.6% |
| Land and buildings | 22 | €812,073 | €777,077 | -€34,996 | -4.3% |
| Plant, machinery and equipment | 23 | €527 | €311 | -€216 | -41.0% |
| Furniture and vehicles | 24 | €5,203 | €2,540 | -€2,663 | -51.2% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €66,794 | €57,671 | -€9,123 | -13.7% |
| Amounts receivable within one year | 40/41 | €4,380 | €4,489 | +€109 | +2.5% |
| Trade receivables | 40 | €4,380 | €4,380 | = | 0.0% |
| Other amounts receivable | 41 | - | €109 | +€109 | |
| Cash at bank and in hand | 54/58 | €61,993 | €52,990 | -€9,004 | -14.5% |
| Deferred charges and accrued income | 490/1 | €420 | €192 | -€228 | -54.3% |
| Total equity and liabilities | 10/49 | €884,706 | €837,709 | -€46,998 | -5.3% |
| Equity | 10/15 | €655,370 | €605,685 | -€49,685 | -7.6% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Capital | 10 | €180,000 | €180,000 | = | 0.0% |
| Issued capital | 100 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €594,203 | €562,612 | -€31,591 | -5.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €592,344 | €560,753 | -€31,591 | -5.3% |
| Profit (loss) carried forward | 14 | -€118,833 | -€136,927 | -€18,095 | -15.2% |
| Provisions and deferred taxes | 16 | €13,641 | €11,875 | -€1,766 | -12.9% |
| Deferred taxes | 168 | €13,641 | €11,875 | -€1,766 | -12.9% |
| Amounts payable | 17/49 | €215,695 | €220,149 | +€4,454 | +2.1% |
| Amounts payable after more than one year | 17 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 178/9 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €214,395 | €218,849 | +€4,454 | +2.1% |
| Trade debts | 44 | €901 | €168 | -€732 | -81.3% |
| Suppliers | 440/4 | €901 | €168 | -€732 | -81.3% |
| Taxes, remuneration and social security | 45 | €3,312 | €3,272 | -€40 | -1.2% |
| Taxes | 450/3 | €3,312 | €3,272 | -€40 | -1.2% |
| Other amounts payable | 47/48 | €210,182 | €215,409 | +€5,227 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,147 | €37,875 | -€272 | -0.7% |
| Other operating charges | 640/8 | €3,359 | €2,631 | -€728 | -21.7% |
| Gross operating margin | 9900 | -€8,078 | -€2,741 | +€5,337 | +66.1% |
| Operating profit (loss) | 9901 | -€49,584 | -€43,246 | +€6,337 | +12.8% |
| Financial income | 75/76B | €112 | €364 | +€252 | +224.6% |
| Recurring financial income | 75 | €112 | €364 | +€252 | +224.6% |
| Financial charges | 65/66B | €8,056 | €8,569 | +€514 | +6.4% |
| Recurring financial charges | 65 | €8,056 | €8,569 | +€514 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,527 | -€51,452 | +€6,075 | +10.6% |
| Transfer from deferred taxes | 780 | €1,766 | €1,766 | = | 0.0% |
| Income taxes | 67/77 | €149 | - | -€149 | |
| Profit (loss) for the period | 9904 | -€55,910 | -€49,685 | +€6,225 | +11.1% |
| Transfer from tax-exempt reserves | 789 | €3,431 | €31,591 | +€28,160 | +820.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,479 | -€18,095 | +€34,385 | +65.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.