TEAM SERVICE CREW: 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 SERVICE CREW
Largest movements
- Receivables within one year -€99,000
down €99,000 (-90.7%), from €109,106 to €10,106
of which Trade receivables: -€75,098
- Cash +€41,024
up €41,024 (+2,521%), from €1,627 to €42,651
mainly Receivables within one year (+€99,000) and Deferred charges and accrued income (+€2,529)
- Deferred charges and accrued income -€2,529
down €2,529 (-70.5%), from €3,585 to €1,056
- Tangible fixed assets -€1,294
down €1,294 (-40.6%), from €3,189 to €1,894
- Trade debts -€61,473
down €61,473 (-83.8%), from €73,355 to €11,882
- Debts after one year -€1,369
down €1,369 (-65.7%), from €2,084 to €715
- Staff costs -€17,995
down €17,995 (-100%), from €17,995 to €0
- Gross operating margin -€11,329
down €11,329 (-40.4%), from €28,047 to €16,718
- Other operating charges +€3,746
up €3,746 (+54.0%), from €6,942 to €10,688
- Taxes +€1,776
up €1,776 (+86.4%), from €2,055 to €3,831
- Depreciation +€600
up €600 (+86.3%), from €695 to €1,294
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 | €117,506 | €55,707 | -€61,799 | -52.6% |
| Fixed assets | 21/28 | €3,189 | €1,894 | -€1,294 | -40.6% |
| Tangible fixed assets | 22/27 | €3,189 | €1,894 | -€1,294 | -40.6% |
| Furniture and vehicles | 24 | €3,189 | €1,894 | -€1,294 | -40.6% |
| Current assets | 29/58 | €114,318 | €53,813 | -€60,505 | -52.9% |
| Amounts receivable within one year | 40/41 | €109,106 | €10,106 | -€99,000 | -90.7% |
| Trade receivables | 40 | €84,035 | €8,936 | -€75,098 | -89.4% |
| Other amounts receivable | 41 | €25,071 | €1,169 | -€23,902 | -95.3% |
| Cash at bank and in hand | 54/58 | €1,627 | €42,651 | +€41,024 | +2,521% |
| Deferred charges and accrued income | 490/1 | €3,585 | €1,056 | -€2,529 | -70.5% |
| Total equity and liabilities | 10/49 | €117,506 | €55,707 | -€61,799 | -52.6% |
| Equity | 10/15 | €40,301 | €41,156 | +€855 | +2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,101 | €34,956 | +€855 | +2.5% |
| Distributable reserves | 133 | €34,101 | €34,956 | +€855 | +2.5% |
| Amounts payable | 17/49 | €77,205 | €14,551 | -€62,654 | -81.2% |
| Amounts payable after more than one year | 17 | €2,084 | €715 | -€1,369 | -65.7% |
| Financial debts | 170/4 | €2,084 | €715 | -€1,369 | -65.7% |
| Amounts payable within one year | 42/48 | €75,121 | €13,836 | -€61,285 | -81.6% |
| Current portion of amounts payable after more than one year | 42 | €1,292 | €1,369 | +€77 | +6.0% |
| Trade debts | 44 | €73,355 | €11,882 | -€61,473 | -83.8% |
| Suppliers | 440/4 | €73,355 | €11,882 | -€61,473 | -83.8% |
| Advances received on contracts in progress | 46 | €474 | €0 | -€474 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €356 | +€356 | |
| Taxes | 450/3 | €0 | €356 | +€356 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €229 | +€229 | |
| Remuneration, social security and pensions | 62 | €17,995 | €0 | -€17,995 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €1,294 | +€600 | +86.3% |
| Other operating charges | 640/8 | €6,942 | €10,688 | +€3,746 | +54.0% |
| Gross operating margin | 9900 | €28,047 | €16,718 | -€11,329 | -40.4% |
| Operating profit (loss) | 9901 | €2,416 | €4,736 | +€2,320 | +96.0% |
| Financial income | 75/76B | €364 | €303 | -€61 | -16.7% |
| Recurring financial income | 75 | €364 | €303 | -€61 | -16.7% |
| Financial charges | 65/66B | €373 | €353 | -€20 | -5.3% |
| Recurring financial charges | 65 | €373 | €353 | -€20 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €2,407 | €4,686 | +€2,279 | +94.7% |
| Income taxes | 67/77 | €2,055 | €3,831 | +€1,776 | +86.4% |
| Profit (loss) for the period | 9904 | €352 | €855 | +€502 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €352 | €855 | +€502 | +143% |
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 26 October 2026 via checked.be.