Teamleader: 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
Teamleader
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€374,879
2024 · €2.7m-€2.4m
Equity
€12.9m
2024 · €12.5m+€374,879
Cash
€12.5m
2024 · €9.8m+€2.7m
Balance sheet total
€31.2m
2024 · €27.2m+€4.0m
Largest movements
Assets
- Cash +€2.7m
up €2.7m (+27.5%), from €9.8m to €12.5m
mainly Depreciation (+€1.8m) and Other debts (+€1.7m)
- Receivables within one year +€1.8m
up €1.8m (+50.1%), from €3.7m to €5.5m
of which Other amounts receivable: +€1.7m
- Financial fixed assets -€1.4m
down €1.4m (-44.0%), from €3.2m to €1.8m
of which Affiliated companies: -€1.4m
- Intangible fixed assets +€830,047
up €830,047 (+8.6%), from €9.7m to €10.5m
Equity and liabilities
- Other debts +€1.7m
up €1.7m (+50079.6%), from €3,366 to €1.7m
- Tax, wage and social debts +€734,181
up €734,181 (+30.6%), from €2.4m to €3.1m
of which Remuneration and social security: +€437,220
- Trade debts +€663,458
up €663,458 (+42.4%), from €1.6m to €2.2m
- Accrued charges and deferred income +€497,921
up €497,921 (+4.6%), from €10.7m to €11.2m
- Reserves +€374,879
up €374,879 (+7.8%), from €4.8m to €5.2m
of which Distributable reserves: +€374,879
Income statement
- Services and other goods +€2.8m
up €2.8m (+19.2%), from €14.3m to €17.1m
- Turnover +€1.3m
up €1.3m (+4.4%), from €30.0m to €31.3m
- Staff costs +€666,255
up €666,255 (+5.7%), from €11.7m to €12.3m
- Financial charges +€584,202
up €584,202 (+176.3%), from €331,340 to €915,542
of which Non-recurring financial charges: +€343,239
- Other operating income +€313,900
up €313,900 (+31.2%), from €1.0m to €1.3m
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.
Result 2024
€2.7m
Turnover
+€1.3m
Other operating income
+€313,900
Services and other goods
-€2.8m
Staff costs
-€666,255
Depreciation
+€304,316
Write-downs
+€25,800
Other operating charges
-€105,242
Other operating items
-€26,855
Financial income
+€25,906
Financial charges
-€584,202
Taxes
-€206,678
Result 2025
€374,879
Cash bridge derived
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
+€3.8m
Investment
-€1.1m
Financing
€0
Cash 2024
€9.8m
From operations (derived)
+€3.8m
Net result for the year
+€374,879
Depreciation
+€1.8m
Receivables within one year
-€1.8m
Deferred charges and accrued income
-€130,690
Trade debts
+€663,458
Tax, wage and social debts
+€734,181
Other debts
+€1.7m
Accrued charges and deferred income
+€497,921
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Cash 2025
€12.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,196,798 | €31,152,703 | +€4.0m | +14.5% |
| Fixed assets | 21/28 | €13,333,998 | €12,624,095 | -€709,903 | -5.3% |
| Intangible fixed assets | 21 | €9,685,887 | €10,515,933 | +€830,047 | +8.6% |
| Tangible fixed assets | 22/27 | €456,214 | €320,833 | -€135,381 | -29.7% |
| Plant, machinery and equipment | 23 | €224,176 | €166,892 | -€57,284 | -25.6% |
| Furniture and vehicles | 24 | €22,707 | €16,871 | -€5,836 | -25.7% |
| Other tangible fixed assets | 26 | €209,331 | €137,070 | -€72,261 | -34.5% |
| Financial fixed assets | 28 | €3,191,897 | €1,787,328 | -€1.4m | -44.0% |
| Affiliated companies | 280/1 | €3,175,784 | €1,784,707 | -€1.4m | -43.8% |
| Participating interests | 280 | €405,733 | €62,494 | -€343,239 | -84.6% |
| Amounts receivable | 281 | €2,770,052 | €1,722,213 | -€1.0m | -37.8% |
| Other financial fixed assets | 284/8 | €16,113 | €2,621 | -€13,492 | -83.7% |
| Amounts receivable and cash guarantees | 285/8 | €16,113 | €2,621 | -€13,492 | -83.7% |
| Current assets | 29/58 | €13,862,801 | €18,528,608 | +€4.7m | +33.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €3,656,427 | €5,489,455 | +€1.8m | +50.1% |
| Trade receivables | 40 | €3,479,167 | €3,613,109 | +€133,943 | +3.8% |
| Other amounts receivable | 41 | €177,260 | €1,876,346 | +€1.7m | +958.5% |
| Cash at bank and in hand | 54/58 | €9,808,268 | €12,510,357 | +€2.7m | +27.5% |
| Deferred charges and accrued income | 490/1 | €398,106 | €528,795 | +€130,690 | +32.8% |
| Total equity and liabilities | 10/49 | €27,196,798 | €31,152,703 | +€4.0m | +14.5% |
| Equity | 10/15 | €12,485,334 | €12,860,214 | +€374,879 | +3.0% |
| Contributions | 10/11 | €7,687,646 | €7,687,646 | = | 0.0% |
| Capital | 10 | €133,870 | €133,870 | = | 0.0% |
| Issued capital | 100 | €133,870 | €133,870 | = | 0.0% |
| Outside capital | 11 | €7,553,777 | €7,553,777 | = | 0.0% |
| Share premium | 1100/10 | €7,553,777 | €7,553,777 | = | 0.0% |
| Reserves | 13 | €4,797,688 | €5,172,568 | +€374,879 | +7.8% |
| Non-distributable reserves | 130/1 | €13,387 | €13,387 | = | 0.0% |
| Legal reserve | 130 | €13,387 | €13,387 | = | 0.0% |
| Distributable reserves | 133 | €4,784,301 | €5,159,181 | +€374,879 | +7.8% |
| Amounts payable | 17/49 | €14,711,464 | €18,292,489 | +€3.6m | +24.3% |
| Amounts payable within one year | 42/48 | €3,968,306 | €7,051,410 | +€3.1m | +77.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,564,938 | €2,228,397 | +€663,458 | +42.4% |
| Suppliers | 440/4 | €1,564,938 | €2,228,397 | +€663,458 | +42.4% |
| Taxes, remuneration and social security | 45 | €2,400,002 | €3,134,183 | +€734,181 | +30.6% |
| Taxes | 450/3 | €652,604 | €949,565 | +€296,961 | +45.5% |
| Remuneration and social security | 454/9 | €1,747,398 | €2,184,619 | +€437,220 | +25.0% |
| Other amounts payable | 47/48 | €3,366 | €1,688,830 | +€1.7m | +50079.6% |
| Accrued charges and deferred income | 492/3 | €10,743,158 | €11,241,078 | +€497,921 | +4.6% |
| Operating income | 70/76A | €31,042,255 | €32,622,008 | +€1.6m | +5.1% |
| Turnover | 70 | €29,955,889 | €31,259,962 | +€1.3m | +4.4% |
| Other operating income | 74 | €1,006,311 | €1,320,211 | +€313,900 | +31.2% |
| Non-recurring operating income | 76A | €80,054 | €41,835 | -€38,219 | -47.7% |
| Operating charges | 60/66A | €28,395,652 | €31,582,114 | +€3.2m | +11.2% |
| Services and other goods | 61 | €14,326,531 | €17,082,979 | +€2.8m | +19.2% |
| Remuneration, social security and pensions | 62 | €11,680,540 | €12,346,795 | +€666,255 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,082,494 | €1,778,178 | -€304,316 | -14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €49,589 | €23,789 | -€25,800 | -52.0% |
| Other operating charges | 640/8 | €245,133 | €350,375 | +€105,242 | +42.9% |
| Non-recurring operating charges | 66A | €11,365 | €0 | -€11,365 | -100.0% |
| Operating profit (loss) | 9901 | €2,646,603 | €1,039,894 | -€1.6m | -60.7% |
| Financial income | 75/76B | €410,376 | €436,281 | +€25,906 | +6.3% |
| Recurring financial income | 75 | €410,376 | €436,281 | +€25,906 | +6.3% |
| Income from financial fixed assets | 750 | €223,227 | €181,282 | -€41,945 | -18.8% |
| Income from current assets | 751 | €136,963 | €174,373 | +€37,409 | +27.3% |
| Other financial income | 752/9 | €50,186 | €80,627 | +€30,441 | +60.7% |
| Financial charges | 65/66B | €331,340 | €915,542 | +€584,202 | +176.3% |
| Recurring financial charges | 65 | €331,340 | €572,303 | +€240,963 | +72.7% |
| Debt charges | 650 | €194,987 | €173,648 | -€21,339 | -10.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €252,786 | +€252,786 | |
| Other financial charges | 652/9 | €136,354 | €145,869 | +€9,516 | +7.0% |
| Non-recurring financial charges | 66B | - | €343,239 | +€343,239 | |
| Profit (loss) for the period before taxes | 9903 | €2,725,638 | €560,633 | -€2.2m | -79.4% |
| Income taxes | 67/77 | -€20,924 | €185,754 | +€206,678 | |
| Taxes | 670/3 | €23,875 | €185,754 | +€161,879 | +678.0% |
| Tax adjustments and reversals of tax provisions | 77 | €44,799 | €0 | -€44,799 | -100.0% |
| Profit (loss) for the period | 9904 | €2,746,562 | €374,879 | -€2.4m | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,746,562 | €374,879 | -€2.4m | -86.4% |
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 8 October 2026 via checked.be.