TEAM ONE IMMO: 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 ONE IMMO
Largest movements
- Receivables within one year -€400,195
down €400,195 (-82.5%), from €484,895 to €84,700
of which Other amounts receivable: -€400,195
- Cash +€164,615
up €164,615 (+45.2%), from €364,204 to €528,819
mainly Net result for the year (+€2.8m) and Receivables within one year (+€400,195)
- Tangible fixed assets -€50,644
down €50,644 (-7.6%), from €667,575 to €616,931
of which Land and buildings: -€38,935
- Profit (loss) carried forward +€588,420
up €588,420 (+14.4%), from €4.1m to €4.7m
- Current portion of long-term debt -€449,529
down €449,529 (-100.0%), from €449,529 to €0
- Debts after one year -€425,034
down €425,034 (-100.0%), from €425,034 to €0
- Financial income +€2.1m
up €2.1m (+525.0%), from €400,000 to €2.5m
- Financial charges -€10,913
down €10,913 (-51.3%), from €21,256 to €10,344
- Other operating income +€6,159
up €6,159 (+503.1%), from €1,224 to €7,383
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 | €5,017,937 | €4,730,450 | -€287,487 | -5.7% |
| Fixed assets | 21/28 | €4,167,575 | €4,116,931 | -€50,644 | -1.2% |
| Tangible fixed assets | 22/27 | €667,575 | €616,931 | -€50,644 | -7.6% |
| Land and buildings | 22 | €616,708 | €577,773 | -€38,935 | -6.3% |
| Plant, machinery and equipment | 23 | €49,483 | €38,244 | -€11,239 | -22.7% |
| Furniture and vehicles | 24 | €1,385 | €915 | -€470 | -34.0% |
| Financial fixed assets | 28 | €3,500,000 | €3,500,000 | = | 0.0% |
| Affiliated companies | 280/1 | €3,500,000 | €3,500,000 | = | 0.0% |
| Participating interests | 280 | €3,500,000 | €3,500,000 | = | 0.0% |
| Current assets | 29/58 | €850,361 | €613,519 | -€236,843 | -27.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €484,895 | €84,700 | -€400,195 | -82.5% |
| Trade receivables | 40 | €84,700 | €84,700 | = | 0.0% |
| Other amounts receivable | 41 | €400,195 | €0 | -€400,195 | -100.0% |
| Cash at bank and in hand | 54/58 | €364,204 | €528,819 | +€164,615 | +45.2% |
| Deferred charges and accrued income | 490/1 | €1,262 | €0 | -€1,262 | -100.0% |
| Total equity and liabilities | 10/49 | €5,017,937 | €4,730,450 | -€287,487 | -5.7% |
| Equity | 10/15 | €4,104,691 | €4,693,111 | +€588,420 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,084,231 | €4,672,651 | +€588,420 | +14.4% |
| Amounts payable | 17/49 | €913,246 | €37,339 | -€875,907 | -95.9% |
| Amounts payable after more than one year | 17 | €425,034 | €0 | -€425,034 | -100.0% |
| Financial debts | 170/4 | €425,034 | €0 | -€425,034 | -100.0% |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €425,034 | €0 | -€425,034 | -100.0% |
| Amounts payable within one year | 42/48 | €484,646 | €37,339 | -€447,307 | -92.3% |
| Current portion of amounts payable after more than one year | 42 | €449,529 | €0 | -€449,529 | -100.0% |
| Trade debts | 44 | €5,242 | €3,215 | -€2,026 | -38.7% |
| Suppliers | 440/4 | €5,242 | €3,215 | -€2,026 | -38.7% |
| Taxes, remuneration and social security | 45 | €23,626 | €27,873 | +€4,248 | +18.0% |
| Taxes | 450/3 | €23,626 | €27,873 | +€4,248 | +18.0% |
| Other amounts payable | 47/48 | €6,250 | €6,250 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,566 | €0 | -€3,566 | -100.0% |
| Operating income | 70/76A | €473,654 | €476,113 | +€2,459 | +0.5% |
| Turnover | 70 | €472,430 | €468,730 | -€3,700 | -0.8% |
| Other operating income | 74 | €1,224 | €7,383 | +€6,159 | +503.1% |
| Operating charges | 60/66A | €86,589 | €81,208 | -€5,380 | -6.2% |
| Services and other goods | 61 | €19,090 | €17,142 | -€1,949 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,009 | €54,587 | -€4,421 | -7.5% |
| Other operating charges | 640/8 | €8,490 | €9,479 | +€989 | +11.7% |
| Operating profit (loss) | 9901 | €387,065 | €394,904 | +€7,839 | +2.0% |
| Financial income | 75/76B | €400,000 | €2,500,000 | +€2.1m | +525.0% |
| Recurring financial income | 75 | €400,000 | €2,500,000 | +€2.1m | +525.0% |
| Income from financial fixed assets | 750 | €400,000 | €2,500,000 | +€2.1m | +525.0% |
| Financial charges | 65/66B | €21,256 | €10,344 | -€10,913 | -51.3% |
| Recurring financial charges | 65 | €21,256 | €10,344 | -€10,913 | -51.3% |
| Debt charges | 650 | €19,487 | €9,126 | -€10,362 | -53.2% |
| Other financial charges | 652/9 | €1,769 | €1,218 | -€551 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €765,809 | €2,884,560 | +€2.1m | +276.7% |
| Income taxes | 67/77 | €91,452 | €96,140 | +€4,688 | +5.1% |
| Taxes | 670/3 | €91,452 | €96,140 | +€4,688 | +5.1% |
| Profit (loss) for the period | 9904 | €674,357 | €2,788,420 | +€2.1m | +313.5% |
| Profit (loss) for the period to be appropriated | 9905 | €674,357 | €2,788,420 | +€2.1m | +313.5% |
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 11 October 2026 via checked.be.