Teamservices: 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.
Teamservices
Largest movements
- Cash +€14,434
up €14,434 (+221.2%), from €6,525 to €20,959
mainly Other debts (+€92,720) and Depreciation (+€24,428)
- Tangible fixed assets -€9,711
down €9,711 (-1.8%), from €548,764 to €539,054
of which Land and buildings: -€5,906
- Other debts +€92,720
up €92,720 (+5397.0%), from €1,718 to €94,438
- Reserves -€68,750
down €68,750 (-22.5%), from €305,873 to €237,123
- Debts after one year -€48,329
down €48,329 (-19.5%), from €248,408 to €200,079
- Trade debts +€15,034
up €15,034 (+157.9%), from €9,524 to €24,557
- Gross operating margin -€46,974
down €46,974 (-28.2%), from €166,558 to €119,585
- Staff costs -€39,054
down €39,054 (-31.5%), from €124,012 to €84,958
- Financial income +€6,220
up €6,220 (+172304.2%), from €4 to €6,224
- Depreciation +€1,763
up €1,763 (+7.8%), from €22,664 to €24,428
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €670,229 | €669,772 | -€457 | -0.1% |
| Fixed assets | 21/28 | €593,577 | €582,770 | -€10,807 | -1.8% |
| Intangible fixed assets | 21 | €4,813 | €3,717 | -€1,096 | -22.8% |
| Tangible fixed assets | 22/27 | €548,764 | €539,054 | -€9,711 | -1.8% |
| Land and buildings | 22 | €530,002 | €524,095 | -€5,906 | -1.1% |
| Plant, machinery and equipment | 23 | €2,569 | - | -€2,569 | |
| Furniture and vehicles | 24 | €16,194 | €14,958 | -€1,236 | -7.6% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €76,651 | €87,002 | +€10,350 | +13.5% |
| Amounts receivable within one year | 40/41 | €66,846 | €60,862 | -€5,984 | -9.0% |
| Trade receivables | 40 | €52,777 | €60,862 | +€8,085 | +15.3% |
| Other amounts receivable | 41 | €14,069 | - | -€14,069 | |
| Current investments | 50/53 | €855 | €250 | -€605 | -70.8% |
| Cash at bank and in hand | 54/58 | €6,525 | €20,959 | +€14,434 | +221.2% |
| Deferred charges and accrued income | 490/1 | €2,425 | €4,931 | +€2,505 | +103.3% |
| Total equity and liabilities | 10/49 | €670,229 | €669,772 | -€457 | -0.1% |
| Equity | 10/15 | €334,729 | €264,040 | -€70,689 | -21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €305,873 | €237,123 | -€68,750 | -22.5% |
| Distributable reserves | 133 | €305,873 | €237,123 | -€68,750 | -22.5% |
| Profit (loss) carried forward | 14 | €10,257 | €8,318 | -€1,939 | -18.9% |
| Amounts payable | 17/49 | €335,499 | €405,732 | +€70,233 | +20.9% |
| Amounts payable after more than one year | 17 | €248,408 | €200,079 | -€48,329 | -19.5% |
| Financial debts | 170/4 | €248,408 | €200,079 | -€48,329 | -19.5% |
| Amounts payable within one year | 42/48 | €87,092 | €205,653 | +€118,561 | +136.1% |
| Current portion of amounts payable after more than one year | 42 | €54,034 | €59,434 | +€5,400 | +10.0% |
| Trade debts | 44 | €9,524 | €24,557 | +€15,034 | +157.9% |
| Suppliers | 440/4 | €9,524 | €24,557 | +€15,034 | +157.9% |
| Taxes, remuneration and social security | 45 | €21,815 | €27,223 | +€5,408 | +24.8% |
| Taxes | 450/3 | €6,440 | €16,058 | +€9,619 | +149.4% |
| Remuneration and social security | 454/9 | €15,376 | €11,165 | -€4,211 | -27.4% |
| Other amounts payable | 47/48 | €1,718 | €94,438 | +€92,720 | +5397.0% |
| Remuneration, social security and pensions | 62 | €124,012 | €84,958 | -€39,054 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,664 | €24,428 | +€1,763 | +7.8% |
| Other operating charges | 640/8 | €2,413 | €2,231 | -€182 | -7.5% |
| Gross operating margin | 9900 | €166,558 | €119,585 | -€46,974 | -28.2% |
| Operating profit (loss) | 9901 | €17,469 | €7,968 | -€9,501 | -54.4% |
| Financial income | 75/76B | €4 | €6,224 | +€6,220 | +172304.2% |
| Recurring financial income | 75 | €4 | €6,224 | +€6,220 | +172304.2% |
| Financial charges | 65/66B | €8,017 | €7,275 | -€741 | -9.2% |
| Recurring financial charges | 65 | €8,017 | €7,275 | -€741 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €9,456 | €6,916 | -€2,539 | -26.9% |
| Income taxes | 67/77 | €3,956 | €3,168 | -€788 | -19.9% |
| Profit (loss) for the period | 9904 | €5,500 | €3,749 | -€1,751 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,500 | €3,749 | -€1,751 | -31.8% |
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 10 October 2026 via checked.be.