TEAM ONE: 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 ONE
Largest movements
- Cash -€5,793
down €5,793 (-4.1%), from €140,629 to €134,836
mainly Other debts (-€8,651) and Trade debts (-€2,057)
- Other debts -€8,651
down €8,651 (-7.6%), from €114,257 to €105,606
- Accrued charges and deferred income +€3,923
up €3,923 (+32.9%), from €11,933 to €15,856
- Trade debts -€2,057
no longer reported in 2025 (was €2,057)
- Gross operating margin -€9,125
down €9,125 (-74.7%), from €12,216 to €3,091
- Financial income +€1,558
up €1,558 (+184.6%), from €844 to €2,402
- Taxes -€1,537
down €1,537 (-76.8%), from €2,001 to €464
- Depreciation -€388
no longer reported in 2025 (was €388)
- Financial charges -€334
down €334 (-7.5%), from €4,453 to €4,119
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 | €147,074 | €140,099 | -€6,975 | -4.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €147,074 | €140,099 | -€6,975 | -4.7% |
| Amounts receivable within one year | 40/41 | €6,445 | €5,263 | -€1,182 | -18.3% |
| Trade receivables | 40 | €3,025 | €2,420 | -€605 | -20.0% |
| Other amounts receivable | 41 | €3,420 | €2,843 | -€577 | -16.9% |
| Cash at bank and in hand | 54/58 | €140,629 | €134,836 | -€5,793 | -4.1% |
| Total equity and liabilities | 10/49 | €147,074 | €140,099 | -€6,975 | -4.7% |
| Equity | 10/15 | €18,827 | €18,637 | -€190 | -1.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,823 | -€49,013 | -€190 | -0.4% |
| Amounts payable | 17/49 | €128,247 | €121,463 | -€6,785 | -5.3% |
| Amounts payable within one year | 42/48 | €116,314 | €105,606 | -€10,708 | -9.2% |
| Trade debts | 44 | €2,057 | - | -€2,057 | |
| Suppliers | 440/4 | €2,057 | - | -€2,057 | |
| Other amounts payable | 47/48 | €114,257 | €105,606 | -€8,651 | -7.6% |
| Accrued charges and deferred income | 492/3 | €11,933 | €15,856 | +€3,923 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €388 | - | -€388 | |
| Gross operating margin | 9900 | €12,216 | €3,091 | -€9,125 | -74.7% |
| Operating profit (loss) | 9901 | €11,828 | €3,091 | -€8,737 | -73.9% |
| Financial income | 75/76B | €844 | €2,402 | +€1,558 | +184.6% |
| Recurring financial income | 75 | €844 | €2,402 | +€1,558 | +184.6% |
| Financial charges | 65/66B | €4,453 | €4,119 | -€334 | -7.5% |
| Recurring financial charges | 65 | €4,453 | €4,119 | -€334 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €8,219 | €1,374 | -€6,845 | -83.3% |
| Income taxes | 67/77 | €2,001 | €464 | -€1,537 | -76.8% |
| Profit (loss) for the period | 9904 | €6,218 | €910 | -€5,309 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,218 | €910 | -€5,309 | -85.4% |
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 2 October 2026 via checked.be.