Teamleadership: what changed
What changed
Teamleadership
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€420,432
2024 · €323,548+€96,884
Equity
€1.9m
2024 · €1.6m+€320,432
Cash
€371,111
2024 · €919,963-€548,851
Balance sheet total
€2.0m
2024 · €2.5m-€518,394
Largest movements
Assets
- Cash -€548,851
down €548,851 (-59.7%), from €919,963 to €371,111
mainly Debts after one year (-€865,199) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets +€53,417
up €53,417 (+7.4%), from €721,137 to €774,553
of which Land and buildings: +€566,223
Equity and liabilities
- Debts after one year -€865,199
down €865,199 (-92.8%), from €931,880 to €66,681
- Reserves +€320,432
up €320,432 (+20.3%), from €1.6m to €1.9m
of which Distributable reserves: +€320,432
Income statement
- Financial charges -€69,279
down €69,279 (-99.7%), from €69,510 to €231
- Gross operating margin +€66,556
up €66,556 (+17.9%), from €372,106 to €438,662
- Depreciation +€29,495
up €29,495 (+425%), from €6,943 to €36,438
- Taxes +€25,931
up €25,931 (+33.7%), from €76,969 to €102,900
- Financial income +€16,789
up €16,789 (+15.6%), from €107,581 to €124,370
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€323,548
Gross operating margin
+€66,556
Depreciation
-€29,495
Other operating charges
-€314
Financial income
+€16,789
Financial charges
+€69,279
Taxes
-€25,931
Result 2025
€420,432
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€506,202
Investment
-€89,855
Financing
-€965,199
Cash 2024
€919,963
From operations (derived)
+€506,202
Net result for the year
+€420,432
Depreciation
+€36,438
Receivables within one year
+€22,959
Trade debts
+€2,530
Tax, wage and social debts
+€21,179
Accrued charges and deferred income
+€2,664
Investment (derived)
-€89,855
Investment in fixed assets (net)
-€89,855
Financing
-€965,199
Debts after one year
-€865,199
Contributions, distributions and other
-€100,000
Cash 2025
€371,111
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,538,708 | €2,020,313 | -€518,394 | -20.4% |
| Fixed assets | 21/28 | €1,532,995 | €1,586,412 | +€53,417 | +3.5% |
| Tangible fixed assets | 22/27 | €721,137 | €774,553 | +€53,417 | +7.4% |
| Land and buildings | 22 | €118,200 | €684,423 | +€566,223 | +479% |
| Furniture and vehicles | 24 | - | €76,273 | +€76,273 | |
| Other tangible fixed assets | 26 | €18,973 | €13,856 | -€5,117 | -27.0% |
| Assets under construction and advance payments | 27 | €583,963 | €0 | -€583,963 | -100% |
| Financial fixed assets | 28 | €811,858 | €811,858 | = | 0.0% |
| Current assets | 29/58 | €1,005,713 | €433,902 | -€571,811 | -56.9% |
| Amounts receivable within one year | 40/41 | €85,300 | €62,340 | -€22,959 | -26.9% |
| Trade receivables | 40 | €0 | €46,602 | +€46,602 | |
| Other amounts receivable | 41 | €85,300 | €15,738 | -€69,561 | -81.5% |
| Cash at bank and in hand | 54/58 | €919,963 | €371,111 | -€548,851 | -59.7% |
| Deferred charges and accrued income | 490/1 | €450 | €450 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,538,708 | €2,020,313 | -€518,394 | -20.4% |
| Equity | 10/15 | €1,600,829 | €1,921,261 | +€320,432 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,582,229 | €1,902,661 | +€320,432 | +20.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,582,229 | €1,902,661 | +€320,432 | +20.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €937,878 | €99,052 | -€838,826 | -89.4% |
| Amounts payable after more than one year | 17 | €931,880 | €66,681 | -€865,199 | -92.8% |
| Other amounts payable | 178/9 | €931,880 | €66,681 | -€865,199 | -92.8% |
| Amounts payable within one year | 42/48 | €5,998 | €29,707 | +€23,709 | +395% |
| Trade debts | 44 | €3,793 | €6,323 | +€2,530 | +66.7% |
| Suppliers | 440/4 | €3,793 | €6,323 | +€2,530 | +66.7% |
| Taxes, remuneration and social security | 45 | €2,205 | €23,385 | +€21,179 | +960% |
| Taxes | 450/3 | €2,205 | €17,055 | +€14,849 | +673% |
| Remuneration and social security | 454/9 | €0 | €6,330 | +€6,330 | |
| Accrued charges and deferred income | 492/3 | €0 | €2,664 | +€2,664 | |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,943 | €36,438 | +€29,495 | +425% |
| Other operating charges | 640/8 | €2,716 | €3,030 | +€314 | +11.6% |
| Gross operating margin | 9900 | €372,106 | €438,662 | +€66,556 | +17.9% |
| Operating profit (loss) | 9901 | €362,446 | €399,194 | +€36,747 | +10.1% |
| Financial income | 75/76B | €107,581 | €124,370 | +€16,789 | +15.6% |
| Recurring financial income | 75 | €107,581 | €124,370 | +€16,789 | +15.6% |
| Financial charges | 65/66B | €69,510 | €231 | -€69,279 | -99.7% |
| Recurring financial charges | 65 | €69,510 | €231 | -€69,279 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €400,517 | €523,332 | +€122,815 | +30.7% |
| Income taxes | 67/77 | €76,969 | €102,900 | +€25,931 | +33.7% |
| Profit (loss) for the period | 9904 | €323,548 | €420,432 | +€96,884 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €323,548 | €420,432 | +€96,884 | +29.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.