TEAM MPT: 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 MPT
Largest movements
- Receivables within one year +€26,798
up €26,798 (+19.9%), from €134,770 to €161,568
of which Trade receivables: +€35,419
- Cash -€19,579
down €19,579 (-22.2%), from €88,321 to €68,742
mainly Contributions, distributions and other (-€130,675) and Net result for the year (-€36,704)
- Stocks and contracts +€3,858
new in 2025: €3,858
- Deferred charges and accrued income -€3,445
down €3,445 (-18.6%), from €18,482 to €15,037
- Reserves -€130,675
down €130,675 (-49.7%), from €263,124 to €132,449
- Other debts +€130,675
new in 2025: €130,675
- Trade debts +€49,605
up €49,605 (+150%), from €33,042 to €82,646
- Profit (loss) carried forward -€36,704
down €36,704 (-65.5%), from -€56,049 to -€92,753
- Current portion of long-term debt -€3,852
down €3,852 (-100%), from €3,852 to €0
- Other operating charges +€16,330
up €16,330 (+4,216%), from €387 to €16,717
- Staff costs -€15,730
down €15,730 (-21.1%), from €74,513 to €58,783
- Gross operating margin +€12,053
up €12,053 (+35.2%), from €34,220 to €46,273
- Depreciation -€7,811
down €7,811 (-61.7%), from €12,657 to €4,846
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 | €255,867 | €262,103 | +€6,236 | +2.4% |
| Fixed assets | 21/28 | €14,294 | €12,898 | -€1,396 | -9.8% |
| Tangible fixed assets | 22/27 | €13,649 | €12,253 | -€1,396 | -10.2% |
| Plant, machinery and equipment | 23 | €3,995 | €1,857 | -€2,138 | -53.5% |
| Furniture and vehicles | 24 | €5,293 | €10,396 | +€5,103 | +96.4% |
| Leasing and similar rights | 25 | €4,361 | €0 | -€4,361 | -100% |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €241,573 | €249,205 | +€7,632 | +3.2% |
| Stocks and contracts in progress | 3 | - | €3,858 | +€3,858 | |
| Stocks | 30/36 | - | €3,858 | +€3,858 | |
| Amounts receivable within one year | 40/41 | €134,770 | €161,568 | +€26,798 | +19.9% |
| Trade receivables | 40 | €117,543 | €152,962 | +€35,419 | +30.1% |
| Other amounts receivable | 41 | €17,227 | €8,606 | -€8,621 | -50.0% |
| Cash at bank and in hand | 54/58 | €88,321 | €68,742 | -€19,579 | -22.2% |
| Deferred charges and accrued income | 490/1 | €18,482 | €15,037 | -€3,445 | -18.6% |
| Total equity and liabilities | 10/49 | €255,867 | €262,103 | +€6,236 | +2.4% |
| Equity | 10/15 | €213,275 | €45,896 | -€167,379 | -78.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €263,124 | €132,449 | -€130,675 | -49.7% |
| Distributable reserves | 133 | €263,124 | €132,449 | -€130,675 | -49.7% |
| Profit (loss) carried forward | 14 | -€56,049 | -€92,753 | -€36,704 | -65.5% |
| Amounts payable | 17/49 | €42,592 | €216,207 | +€173,615 | +408% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €42,592 | €216,207 | +€173,615 | +408% |
| Current portion of amounts payable after more than one year | 42 | €3,852 | €0 | -€3,852 | -100% |
| Trade debts | 44 | €33,042 | €82,646 | +€49,605 | +150% |
| Suppliers | 440/4 | €33,042 | €82,646 | +€49,605 | +150% |
| Taxes, remuneration and social security | 45 | €5,699 | €2,886 | -€2,813 | -49.4% |
| Taxes | 450/3 | €32 | €189 | +€157 | +491% |
| Remuneration and social security | 454/9 | €5,667 | €2,698 | -€2,969 | -52.4% |
| Other amounts payable | 47/48 | - | €130,675 | +€130,675 | |
| Remuneration, social security and pensions | 62 | €74,513 | €58,783 | -€15,730 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,657 | €4,846 | -€7,811 | -61.7% |
| Other operating charges | 640/8 | €387 | €16,717 | +€16,330 | +4,216% |
| Gross operating margin | 9900 | €34,220 | €46,273 | +€12,053 | +35.2% |
| Operating profit (loss) | 9901 | -€53,337 | -€34,073 | +€19,264 | +36.1% |
| Financial income | 75/76B | €275 | €203 | -€72 | -26.2% |
| Recurring financial income | 75 | €275 | €203 | -€72 | -26.2% |
| Financial charges | 65/66B | €2,987 | €2,834 | -€153 | -5.1% |
| Recurring financial charges | 65 | €2,987 | €2,834 | -€153 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€56,049 | -€36,704 | +€19,344 | +34.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€56,049 | -€36,704 | +€19,344 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,049 | -€36,704 | +€19,344 | +34.5% |
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 24 October 2026 via checked.be.