TEAMEN: 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.
TEAMEN
Largest movements
- Tangible fixed assets -€14,315
down €14,315 (-27.8%), from €51,419 to €37,104
- Cash -€4,542
down €4,542 (-7.4%), from €61,274 to €56,732
mainly Contributions, distributions and other (-€68,700) and Tax, wage and social debts (-€16,210)
- Receivables within one year +€2,285
up €2,285 (+1,063%), from €215 to €2,500
of which Other amounts receivable: +€2,500
- Other debts +€22,583
up €22,583 (+55.2%), from €40,887 to €63,470
- Tax, wage and social debts -€16,210
down €16,210 (-74.5%), from €21,754 to €5,544
- Profit (loss) carried forward -€15,328
down €15,328 (-99.9%), from €15,338 to €10
- Debts after one year -€9,156
down €9,156 (-37.3%), from €24,546 to €15,391
- Gross operating margin +€21,173
up €21,173 (+32.0%), from €66,098 to €87,271
- Taxes +€4,413
up €4,413 (+43.8%), from €10,080 to €14,493
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 | €115,991 | €98,903 | -€17,088 | -14.7% |
| Fixed assets | 21/28 | €51,419 | €37,104 | -€14,315 | -27.8% |
| Tangible fixed assets | 22/27 | €51,419 | €37,104 | -€14,315 | -27.8% |
| Furniture and vehicles | 24 | €51,419 | €37,104 | -€14,315 | -27.8% |
| Current assets | 29/58 | €64,572 | €61,799 | -€2,773 | -4.3% |
| Amounts receivable within one year | 40/41 | €215 | €2,500 | +€2,285 | +1,063% |
| Trade receivables | 40 | €215 | €0 | -€215 | -100% |
| Other amounts receivable | 41 | €0 | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €61,274 | €56,732 | -€4,542 | -7.4% |
| Deferred charges and accrued income | 490/1 | €3,083 | €2,567 | -€516 | -16.7% |
| Total equity and liabilities | 10/49 | €115,991 | €98,903 | -€17,088 | -14.7% |
| Equity | 10/15 | €19,009 | €3,680 | -€15,328 | -80.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,671 | €1,671 | = | 0.0% |
| Distributable reserves | 133 | €1,671 | €1,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,338 | €10 | -€15,328 | -99.9% |
| Amounts payable | 17/49 | €96,982 | €95,223 | -€1,759 | -1.8% |
| Amounts payable after more than one year | 17 | €24,546 | €15,391 | -€9,156 | -37.3% |
| Financial debts | 170/4 | €24,546 | €15,391 | -€9,156 | -37.3% |
| Amounts payable within one year | 42/48 | €71,832 | €79,114 | +€7,282 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €8,742 | €9,156 | +€414 | +4.7% |
| Trade debts | 44 | €450 | €945 | +€495 | +110% |
| Suppliers | 440/4 | €450 | €945 | +€495 | +110% |
| Taxes, remuneration and social security | 45 | €21,754 | €5,544 | -€16,210 | -74.5% |
| Taxes | 450/3 | €21,754 | €5,544 | -€16,210 | -74.5% |
| Other amounts payable | 47/48 | €40,887 | €63,470 | +€22,583 | +55.2% |
| Accrued charges and deferred income | 492/3 | €604 | €718 | +€114 | +18.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,390 | €17,090 | +€700 | +4.3% |
| Other operating charges | 640/8 | €595 | €610 | +€14 | +2.4% |
| Gross operating margin | 9900 | €66,098 | €87,271 | +€21,173 | +32.0% |
| Operating profit (loss) | 9901 | €49,112 | €69,572 | +€20,459 | +41.7% |
| Financial income | 75/76B | €543 | €5 | -€538 | -99.1% |
| Recurring financial income | 75 | €543 | €5 | -€538 | -99.1% |
| Financial charges | 65/66B | €1,930 | €1,711 | -€218 | -11.3% |
| Recurring financial charges | 65 | €1,930 | €1,711 | -€218 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €47,726 | €67,865 | +€20,139 | +42.2% |
| Income taxes | 67/77 | €10,080 | €14,493 | +€4,413 | +43.8% |
| Profit (loss) for the period | 9904 | €37,646 | €53,372 | +€15,726 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,646 | €53,372 | +€15,726 | +41.8% |
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 28 October 2026 via checked.be.