TEAM POWER: 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 POWER
Largest movements
- Receivables within one year -€7,167
down €7,167 (-8.3%), from €85,974 to €78,807
of which Other amounts receivable: -€8,604
- Cash -€4,159
down €4,159 (-6.6%), from €63,036 to €58,877
mainly Other debts (-€24,500) and Tax, wage and social debts (-€15,753)
- Reserves +€37,939
up €37,939 (+294.1%), from €12,900 to €50,839
of which Distributable reserves: +€37,939
- Other debts -€24,500
no longer reported in 2025 (was €24,500)
- Tax, wage and social debts -€15,753
down €15,753 (-34.2%), from €46,072 to €30,319
of which Remuneration and social security: -€11,327
- Trade debts -€10,235
down €10,235 (-27.1%), from €37,764 to €27,529
- Gross operating margin -€77,679
down €77,679 (-55.6%), from €139,794 to €62,115
- Staff costs -€65,334
no longer reported in 2025 (was €65,334)
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 | €189,051 | €176,762 | -€12,289 | -6.5% |
| Fixed assets | 21/28 | €9,685 | €8,520 | -€1,165 | -12.0% |
| Intangible fixed assets | 21 | €6,324 | €4,591 | -€1,733 | -27.4% |
| Tangible fixed assets | 22/27 | €834 | €402 | -€432 | -51.8% |
| Furniture and vehicles | 24 | €834 | €402 | -€432 | -51.8% |
| Financial fixed assets | 28 | €2,527 | €3,527 | +€1,000 | +39.6% |
| Current assets | 29/58 | €179,366 | €168,242 | -€11,124 | -6.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €85,974 | €78,807 | -€7,167 | -8.3% |
| Trade receivables | 40 | €46,389 | €47,827 | +€1,438 | +3.1% |
| Other amounts receivable | 41 | €39,584 | €30,980 | -€8,604 | -21.7% |
| Cash at bank and in hand | 54/58 | €63,036 | €58,877 | -€4,159 | -6.6% |
| Deferred charges and accrued income | 490/1 | €356 | €558 | +€202 | +56.7% |
| Total equity and liabilities | 10/49 | €189,051 | €176,762 | -€12,289 | -6.5% |
| Equity | 10/15 | €72,526 | €110,465 | +€37,939 | +52.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €12,900 | €50,839 | +€37,939 | +294.1% |
| Tax-exempt reserves | 132 | €9,800 | €9,800 | = | 0.0% |
| Distributable reserves | 133 | €3,100 | €41,039 | +€37,939 | +1223.8% |
| Profit (loss) carried forward | 14 | €28,626 | €28,626 | +€0 | 0.0% |
| Amounts payable | 17/49 | €116,525 | €66,297 | -€50,228 | -43.1% |
| Amounts payable within one year | 42/48 | €116,525 | €66,297 | -€50,228 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €8,188 | €8,449 | +€261 | +3.2% |
| Trade debts | 44 | €37,764 | €27,529 | -€10,235 | -27.1% |
| Suppliers | 440/4 | €37,764 | €27,529 | -€10,235 | -27.1% |
| Taxes, remuneration and social security | 45 | €46,072 | €30,319 | -€15,753 | -34.2% |
| Taxes | 450/3 | €34,746 | €30,319 | -€4,427 | -12.7% |
| Remuneration and social security | 454/9 | €11,327 | - | -€11,327 | |
| Other amounts payable | 47/48 | €24,500 | - | -€24,500 | |
| Remuneration, social security and pensions | 62 | €65,334 | - | -€65,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,918 | €2,165 | +€247 | +12.9% |
| Other operating charges | 640/8 | €895 | - | -€895 | |
| Gross operating margin | 9900 | €139,794 | €62,115 | -€77,679 | -55.6% |
| Operating profit (loss) | 9901 | €71,646 | €59,950 | -€11,696 | -16.3% |
| Financial income | 75/76B | €811 | €1,723 | +€912 | +112.4% |
| Recurring financial income | 75 | €811 | €1,723 | +€912 | +112.4% |
| Financial charges | 65/66B | €4,716 | €5,974 | +€1,258 | +26.7% |
| Recurring financial charges | 65 | €4,716 | €5,612 | +€896 | +19.0% |
| Non-recurring financial charges | 66B | - | €362 | +€362 | |
| Profit (loss) for the period before taxes | 9903 | €67,741 | €55,699 | -€12,042 | -17.8% |
| Income taxes | 67/77 | €19,032 | €17,760 | -€1,272 | -6.7% |
| Profit (loss) for the period | 9904 | €48,709 | €37,939 | -€10,770 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,709 | €37,939 | -€10,770 | -22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.