Team66: 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.
Team66
Largest movements
- Cash +€23,655
up €23,655 (+29.5%), from €80,316 to €103,971
mainly Net result for the year (+€39,416) and Other debts (+€21,161)
- Tangible fixed assets +€5,978
up €5,978 (+172%), from €3,472 to €9,450
of which Furniture and vehicles: +€7,578
- Receivables within one year +€4,757
up €4,757 (+29.0%), from €16,387 to €21,144
- Current investments +€3,476
up €3,476 (+14.3%), from €24,389 to €27,865
- Other debts +€21,161
up €21,161 (+158%), from €13,431 to €34,592
- Reserves +€9,416
up €9,416 (+9.2%), from €101,859 to €111,274
- Trade debts +€4,522
up €4,522 (+188%), from €2,401 to €6,923
- Financial income +€5,780
up €5,780 (+1,210%), from €478 to €6,258
- Gross operating margin -€1,718
down €1,718 (-3.4%), from €51,195 to €49,478
- Taxes -€1,249
down €1,249 (-10.2%), from €12,295 to €11,046
- Depreciation +€828
up €828 (+37.2%), from €2,224 to €3,052
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 | €132,539 | €169,295 | +€36,755 | +27.7% |
| Fixed assets | 21/28 | €3,472 | €9,450 | +€5,978 | +172% |
| Tangible fixed assets | 22/27 | €3,472 | €9,450 | +€5,978 | +172% |
| Plant, machinery and equipment | 23 | €645 | €271 | -€374 | -58.0% |
| Furniture and vehicles | 24 | €1,601 | €9,179 | +€7,578 | +473% |
| Other tangible fixed assets | 26 | €1,226 | €0 | -€1,226 | -100% |
| Current assets | 29/58 | €129,067 | €159,845 | +€30,777 | +23.8% |
| Amounts receivable within one year | 40/41 | €16,387 | €21,144 | +€4,757 | +29.0% |
| Trade receivables | 40 | €16,387 | €21,144 | +€4,757 | +29.0% |
| Current investments | 50/53 | €24,389 | €27,865 | +€3,476 | +14.3% |
| Cash at bank and in hand | 54/58 | €80,316 | €103,971 | +€23,655 | +29.5% |
| Deferred charges and accrued income | 490/1 | €7,975 | €6,865 | -€1,111 | -13.9% |
| Total equity and liabilities | 10/49 | €132,539 | €169,295 | +€36,755 | +27.7% |
| Equity | 10/15 | €104,859 | €114,274 | +€9,416 | +9.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €101,859 | €111,274 | +€9,416 | +9.2% |
| Distributable reserves | 133 | €101,859 | €111,274 | +€9,416 | +9.2% |
| Amounts payable | 17/49 | €27,681 | €55,020 | +€27,339 | +98.8% |
| Amounts payable within one year | 42/48 | €27,681 | €54,767 | +€27,086 | +97.8% |
| Trade debts | 44 | €2,401 | €6,923 | +€4,522 | +188% |
| Suppliers | 440/4 | €2,401 | €6,923 | +€4,522 | +188% |
| Taxes, remuneration and social security | 45 | €11,849 | €13,252 | +€1,403 | +11.8% |
| Taxes | 450/3 | €11,849 | €13,252 | +€1,403 | +11.8% |
| Other amounts payable | 47/48 | €13,431 | €34,592 | +€21,161 | +158% |
| Accrued charges and deferred income | 492/3 | - | €254 | +€254 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,224 | €3,052 | +€828 | +37.2% |
| Other operating charges | 640/8 | €725 | €873 | +€147 | +20.3% |
| Gross operating margin | 9900 | €51,195 | €49,478 | -€1,718 | -3.4% |
| Operating profit (loss) | 9901 | €48,246 | €45,553 | -€2,693 | -5.6% |
| Financial income | 75/76B | €478 | €6,258 | +€5,780 | +1,210% |
| Recurring financial income | 75 | €478 | €6,258 | +€5,780 | +1,210% |
| Financial charges | 65/66B | €1,077 | €1,349 | +€272 | +25.2% |
| Recurring financial charges | 65 | €1,077 | €1,349 | +€272 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €47,646 | €50,462 | +€2,816 | +5.9% |
| Income taxes | 67/77 | €12,295 | €11,046 | -€1,249 | -10.2% |
| Profit (loss) for the period | 9904 | €35,350 | €39,416 | +€4,065 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,350 | €39,416 | +€4,065 | +11.5% |
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 13 October 2026 via checked.be.