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Team10: 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.

What changed

Team10

BE 0789.696.301
NACE 68.122, Development of non-residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,631
2024 · €470-€3,101
Equity
€9,083
2024 · €11,714-€2,631
Cash
€9,468
2024 · €81,884-€72,416
Balance sheet total
€9,483
2024 · €81,997-€72,514

Largest movements

2024 to 2025
Assets
  • Cash -€72,416

    down €72,416 (-88.4%), from €81,884 to €9,468

    mainly Trade debts (-€69,726) and Net result for the year (-€2,631)

Equity and liabilities
  • Trade debts -€69,726

    down €69,726 (-99.4%), from €70,126 to €400

  • Profit (loss) carried forward -€2,631

    new in 2025: -€2,631

Income statement
  • Gross operating margin -€2,845

    down €2,845, from €1,192 to -€1,653

  • Other operating charges +€402

    up €402 (+318.8%), from €126 to €528

  • Taxes -€157

    down €157 (-100.0%), from €157 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €470
Gross operating margin -€2,845
Other operating charges -€402
Financial charges -€11
Taxes +€157
Result 2025 -€2,631

Cash bridge derived

cash 2024 to 2025

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.

From operations -€72,416
Investment €0
Financing €0
Cash 2024 €81,884
Net result for the year -€2,631
Smaller working-capital items -€59
Trade debts -€69,726
Cash 2025 €9,468
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €81,997 €9,483 -€72,514 -88.4%
Current assets 29/58 €81,997 €9,483 -€72,514 -88.4%
Amounts receivable within one year 40/41 €113 €14 -€98 -87.3%
Other amounts receivable 41 €113 €14 -€98 -87.3%
Cash at bank and in hand 54/58 €81,884 €9,468 -€72,416 -88.4%
Total equity and liabilities 10/49 €81,997 €9,483 -€72,514 -88.4%
Equity 10/15 €11,714 €9,083 -€2,631 -22.5%
Contributions 10/11 €10,000 €10,000 = 0.0%
Reserves 13 €1,714 €1,714 = 0.0%
Distributable reserves 133 €1,714 €1,714 = 0.0%
Profit (loss) carried forward 14 - -€2,631 -€2,631
Amounts payable 17/49 €70,283 €400 -€69,883 -99.4%
Amounts payable within one year 42/48 €70,283 €400 -€69,883 -99.4%
Trade debts 44 €70,126 €400 -€69,726 -99.4%
Suppliers 440/4 €70,126 €400 -€69,726 -99.4%
Taxes, remuneration and social security 45 €157 €0 -€157 -100.0%
Taxes 450/3 €157 €0 -€157 -100.0%
Other operating charges 640/8 €126 €528 +€402 +318.8%
Gross operating margin 9900 €1,192 -€1,653 -€2,845
Operating profit (loss) 9901 €1,066 -€2,180 -€3,247
Financial charges 65/66B €439 €451 +€11 +2.5%
Recurring financial charges 65 €439 €451 +€11 +2.5%
Profit (loss) for the period before taxes 9903 €627 -€2,631 -€3,258
Income taxes 67/77 €157 €0 -€157 -100.0%
Profit (loss) for the period 9904 €470 -€2,631 -€3,101
Profit (loss) for the period to be appropriated 9905 €470 -€2,631 -€3,101

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 28 September 2026 via checked.be.