TeamChefs: 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.
TeamChefs
Largest movements
- Tangible fixed assets +€67,736
up €67,736 (+16.1%), from €419,973 to €487,708
of which Plant, machinery and equipment: +€65,374
- Stocks and contracts -€19,321
down €19,321 (-42.8%), from €45,150 to €25,829
- Cash +€17,449
up €17,449 (+854%), from €2,043 to €19,492
mainly Trade debts (+€140,877) and Depreciation (+€44,716)
- Deferred charges and accrued income +€15,224
up €15,224 (+268%), from €5,672 to €20,896
- Receivables within one year -€13,787
down €13,787 (-29.4%), from €46,863 to €33,076
of which Trade receivables: -€12,362
- Trade debts +€140,877
up €140,877 (+479%), from €29,411 to €170,288
- Profit (loss) carried forward -€100,801
down €100,801 (-74.7%), from -€134,994 to -€235,794
- Debts after one year -€35,245
down €35,245 (-7.3%), from €483,130 to €447,885
- Other debts +€33,238
up €33,238 (+131%), from €25,438 to €58,676
- Current portion of long-term debt +€23,152
up €23,152 (+28.6%), from €81,004 to €104,156
- Staff costs +€127,121
up €127,121 (+33.5%), from €379,645 to €506,766
- Gross operating margin +€37,871
up €37,871 (+8.5%), from €443,306 to €481,177
- Depreciation +€13,843
up €13,843 (+44.8%), from €30,873 to €44,716
- Financial charges +€4,852
up €4,852 (+17.9%), from €27,057 to €31,909
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 | €533,004 | €608,601 | +€75,597 | +14.2% |
| Fixed assets | 21/28 | €433,276 | €509,309 | +€76,033 | +17.5% |
| Intangible fixed assets | 21 | €9,168 | €15,000 | +€5,832 | +63.6% |
| Tangible fixed assets | 22/27 | €419,973 | €487,708 | +€67,736 | +16.1% |
| Land and buildings | 22 | €296,621 | €324,215 | +€27,594 | +9.3% |
| Plant, machinery and equipment | 23 | €62,223 | €127,597 | +€65,374 | +105% |
| Furniture and vehicles | 24 | €42,476 | €35,897 | -€6,579 | -15.5% |
| Assets under construction and advance payments | 27 | €18,653 | €0 | -€18,653 | -100% |
| Financial fixed assets | 28 | €4,135 | €6,600 | +€2,465 | +59.6% |
| Current assets | 29/58 | €99,728 | €99,293 | -€436 | -0.4% |
| Stocks and contracts in progress | 3 | €45,150 | €25,829 | -€19,321 | -42.8% |
| Stocks | 30/36 | €45,150 | €25,829 | -€19,321 | -42.8% |
| Amounts receivable within one year | 40/41 | €46,863 | €33,076 | -€13,787 | -29.4% |
| Trade receivables | 40 | €39,800 | €27,439 | -€12,362 | -31.1% |
| Other amounts receivable | 41 | €7,063 | €5,638 | -€1,425 | -20.2% |
| Cash at bank and in hand | 54/58 | €2,043 | €19,492 | +€17,449 | +854% |
| Deferred charges and accrued income | 490/1 | €5,672 | €20,896 | +€15,224 | +268% |
| Total equity and liabilities | 10/49 | €533,004 | €608,601 | +€75,597 | +14.2% |
| Equity | 10/15 | -€124,994 | -€225,794 | -€100,801 | -80.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,994 | -€235,794 | -€100,801 | -74.7% |
| Amounts payable | 17/49 | €657,998 | €834,396 | +€176,398 | +26.8% |
| Amounts payable after more than one year | 17 | €483,130 | €447,885 | -€35,245 | -7.3% |
| Financial debts | 170/4 | €483,130 | €447,885 | -€35,245 | -7.3% |
| Amounts payable within one year | 42/48 | €174,318 | €383,396 | +€209,078 | +120% |
| Current portion of amounts payable after more than one year | 42 | €81,004 | €104,156 | +€23,152 | +28.6% |
| Financial debts | 43 | - | €8,848 | +€8,848 | |
| Credit institutions | 430/8 | - | €8,848 | +€8,848 | |
| Trade debts | 44 | €29,411 | €170,288 | +€140,877 | +479% |
| Suppliers | 440/4 | €29,411 | €170,288 | +€140,877 | +479% |
| Taxes, remuneration and social security | 45 | €38,465 | €41,428 | +€2,963 | +7.7% |
| Taxes | 450/3 | €3,243 | €2,909 | -€334 | -10.3% |
| Remuneration and social security | 454/9 | €35,222 | €38,519 | +€3,297 | +9.4% |
| Other amounts payable | 47/48 | €25,438 | €58,676 | +€33,238 | +131% |
| Accrued charges and deferred income | 492/3 | €550 | €3,115 | +€2,564 | +466% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €379,645 | €506,766 | +€127,121 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,873 | €44,716 | +€13,843 | +44.8% |
| Other operating charges | 640/8 | €3,370 | €3,310 | -€60 | -1.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €443,306 | €481,177 | +€37,871 | +8.5% |
| Operating profit (loss) | 9901 | €29,418 | -€73,614 | -€103,032 | |
| Financial income | 75/76B | €1,775 | €4,864 | +€3,089 | +174% |
| Recurring financial income | 75 | €1,775 | €4,864 | +€3,089 | +174% |
| Financial charges | 65/66B | €27,057 | €31,909 | +€4,852 | +17.9% |
| Recurring financial charges | 65 | €27,057 | €31,909 | +€4,852 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €4,135 | -€100,660 | -€104,795 | |
| Income taxes | 67/77 | €14 | €141 | +€127 | +899% |
| Profit (loss) for the period | 9904 | €4,121 | -€100,801 | -€104,922 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,121 | -€100,801 | -€104,922 |
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 25 October 2026 via checked.be.