TEAM INDUSTRIES: 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.
What changed
TEAM INDUSTRIES
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€179,797
2024 · -€256,248+€436,045
Equity
€10.4m
2024 · €10.3m+€179,797
Cash
€13,297
2024 · €6,775+€6,521
Balance sheet total
€19.3m
2024 · €18.0m+€1.3m
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+10,465%), from €10,416 to €1.1m
of which Other amounts receivable: +€1.1m
- Financial fixed assets +€249,951
up €249,951 (+1.4%), from €17.5m to €17.7m
of which Affiliated companies: +€318,623
Equity and liabilities
- Other debts +€624,497
up €624,497 (+9.8%), from €6.4m to €7.0m
- Short-term financial debts +€500,000
new in 2025: €500,000
Income statement
- Financial income +€390,705
up €390,705 (+350%), from €111,635 to €502,340
- Services and other goods -€19,916
down €19,916 (-29.0%), from €68,782 to €48,866
- Financial charges -€18,335
down €18,335 (-4.5%), from €409,210 to €390,875
- Turnover -€16,076
down €16,076 (-26.6%), from €60,350 to €44,273
- Other operating charges +€2,001
up €2,001 (+832%), from €241 to €2,241
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.
Result 2024
-€256,248
Turnover
-€16,076
Services and other goods
+€19,916
Other operating charges
-€2,001
Other operating items
+€25,000
Financial income
+€390,705
Financial charges
+€18,335
Taxes
+€166
Result 2025
€179,797
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€263,514
Investment
-€249,951
Financing
+€519,986
Cash 2024
€6,775
From operations (derived)
-€263,514
Net result for the year
+€179,797
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€421
Trade debts
-€7,742
Other debts
+€624,497
Accrued charges and deferred income
+€30,429
Investment (derived)
-€249,951
Investment in fixed assets (net)
-€249,951
Financing
+€519,986
Debts after one year
+€19,986
Short-term financial debts
+€500,000
Cash 2025
€13,297
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,960,367 | €19,307,334 | +€1.3m | +7.5% |
| Fixed assets | 21/28 | €17,459,139 | €17,709,090 | +€249,951 | +1.4% |
| Financial fixed assets | 28 | €17,459,139 | €17,709,090 | +€249,951 | +1.4% |
| Affiliated companies | 280/1 | €17,385,467 | €17,704,090 | +€318,623 | +1.8% |
| Participating interests | 280 | €15,473,946 | €15,484,020 | +€10,074 | +0.1% |
| Amounts receivable | 281 | €1,911,520 | €2,220,070 | +€308,550 | +16.1% |
| Companies linked by participating interests | 282/3 | €73,673 | €5,000 | -€68,673 | -93.2% |
| Participating interests | 282 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable | 283 | €68,673 | - | -€68,673 | |
| Current assets | 29/58 | €501,228 | €1,598,244 | +€1.1m | +219% |
| Amounts receivable within one year | 40/41 | €10,416 | €1,100,489 | +€1.1m | +10,465% |
| Trade receivables | 40 | €8,850 | - | -€8,850 | |
| Other amounts receivable | 41 | €1,566 | €1,100,489 | +€1.1m | +70,169% |
| Current investments | 50/53 | €483,314 | €483,314 | = | 0.0% |
| Own shares | 50 | €483,314 | €483,314 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,775 | €13,297 | +€6,521 | +96.2% |
| Deferred charges and accrued income | 490/1 | €723 | €1,145 | +€421 | +58.3% |
| Total equity and liabilities | 10/49 | €17,960,367 | €19,307,334 | +€1.3m | +7.5% |
| Equity | 10/15 | €10,253,935 | €10,433,732 | +€179,797 | +1.8% |
| Contributions | 10/11 | €8,329,694 | €8,329,694 | = | 0.0% |
| Capital | 10 | €8,329,694 | €8,329,694 | = | 0.0% |
| Issued capital | 100 | €8,330,030 | €8,330,030 | = | 0.0% |
| Uncalled capital | 101 | €336 | €336 | = | 0.0% |
| Reserves | 13 | €1,924,241 | €1,933,231 | +€8,990 | +0.5% |
| Non-distributable reserves | 130/1 | €1,075,839 | €1,084,829 | +€8,990 | +0.8% |
| Legal reserve | 130 | €592,525 | €601,515 | +€8,990 | +1.5% |
| Own shares acquired | 1312 | €483,314 | €483,314 | = | 0.0% |
| Distributable reserves | 133 | €848,403 | €848,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €170,808 | +€170,808 | |
| Amounts payable | 17/49 | €7,706,432 | €8,873,601 | +€1.2m | +15.1% |
| Amounts payable after more than one year | 17 | €1,321,791 | €1,341,776 | +€19,986 | +1.5% |
| Financial debts | 170/4 | €1,321,791 | €1,341,776 | +€19,986 | +1.5% |
| Subordinated loans | 170 | €500,000 | €500,000 | = | 0.0% |
| Other loans | 174 | €821,791 | €841,776 | +€19,986 | +2.4% |
| Amounts payable within one year | 42/48 | €6,380,840 | €7,497,594 | +€1.1m | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €16,832 | €16,832 | = | 0.0% |
| Financial debts | 43 | - | €500,000 | +€500,000 | |
| Credit institutions | 430/8 | - | €500,000 | +€500,000 | |
| Trade debts | 44 | €13,912 | €6,169 | -€7,742 | -55.7% |
| Suppliers | 440/4 | €13,912 | €6,169 | -€7,742 | -55.7% |
| Other amounts payable | 47/48 | €6,350,096 | €6,974,593 | +€624,497 | +9.8% |
| Accrued charges and deferred income | 492/3 | €3,802 | €34,232 | +€30,429 | +800% |
| Operating income | 70/76A | €110,350 | €119,273 | +€8,924 | +8.1% |
| Turnover | 70 | €60,350 | €44,273 | -€16,076 | -26.6% |
| Non-recurring operating income | 76A | €50,000 | €75,000 | +€25,000 | +50.0% |
| Operating charges | 60/66A | €69,023 | €51,108 | -€17,915 | -26.0% |
| Services and other goods | 61 | €68,782 | €48,866 | -€19,916 | -29.0% |
| Other operating charges | 640/8 | €241 | €2,241 | +€2,001 | +832% |
| Operating profit (loss) | 9901 | €41,327 | €68,166 | +€26,839 | +64.9% |
| Financial income | 75/76B | €111,635 | €502,340 | +€390,705 | +350% |
| Recurring financial income | 75 | €111,635 | €502,340 | +€390,705 | +350% |
| Income from financial fixed assets | 750 | €2,747 | €401,145 | +€398,398 | +14,504% |
| Income from current assets | 751 | €108,888 | €101,196 | -€7,693 | -7.1% |
| Financial charges | 65/66B | €409,210 | €390,875 | -€18,335 | -4.5% |
| Recurring financial charges | 65 | €409,210 | €390,875 | -€18,335 | -4.5% |
| Debt charges | 650 | €432,379 | €389,599 | -€42,780 | -9.9% |
| Other financial charges | 652/9 | -€23,169 | €1,276 | +€24,445 | |
| Profit (loss) for the period before taxes | 9903 | -€256,248 | €179,631 | +€435,879 | |
| Income taxes | 67/77 | - | -€166 | -€166 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €166 | +€166 | |
| Profit (loss) for the period | 9904 | -€256,248 | €179,797 | +€436,045 | |
| Profit (loss) for the period to be appropriated | 9905 | -€256,248 | €179,797 | +€436,045 |
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 17 October 2026 via checked.be.