Teamshop89 Antwerp: 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.
Teamshop89 Antwerp
Largest movements
- Stocks and contracts +€125,109
up €125,109 (+187%), from €66,907 to €192,015
- Cash +€29,311
up €29,311 (+133%), from €22,062 to €51,373
mainly Short-term financial debts (+€75,000) and Debts after one year (+€27,321)
- Intangible fixed assets -€15,000
down €15,000 (-11.5%), from €129,959 to €114,959
- Short-term financial debts +€75,000
new in 2025: €75,000
- Debts after one year +€27,321
up €27,321 (+21.5%), from €127,238 to €154,559
- Profit (loss) carried forward +€22,725
up €22,725 (+14,246%), from €160 to €22,884
- Other debts -€12,500
no longer reported in 2025 (was €12,500)
- Current portion of long-term debt +€10,555
up €10,555 (+43.9%), from €24,039 to €34,594
- Write-downs +€33,885
new in 2025: €33,885
- Gross operating margin +€30,088
up €30,088 (+28.1%), from €107,089 to €137,177
- Staff costs -€21,682
down €21,682 (-31.8%), from €68,232 to €46,550
- Taxes +€7,868
up €7,868 (+7,943%), from €99 to €7,967
- Depreciation -€5,453
down €5,453 (-25.2%), from €21,643 to €16,190
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 | €248,280 | €384,201 | +€135,921 | +54.7% |
| Fixed assets | 21/28 | €140,257 | €124,067 | -€16,190 | -11.5% |
| Intangible fixed assets | 21 | €129,959 | €114,959 | -€15,000 | -11.5% |
| Tangible fixed assets | 22/27 | €10,298 | €9,108 | -€1,190 | -11.6% |
| Plant, machinery and equipment | 23 | €2,749 | €2,430 | -€319 | -11.6% |
| Furniture and vehicles | 24 | €7,549 | €6,678 | -€871 | -11.5% |
| Current assets | 29/58 | €108,023 | €260,134 | +€152,111 | +141% |
| Stocks and contracts in progress | 3 | €66,907 | €192,015 | +€125,109 | +187% |
| Stocks | 30/36 | €66,907 | €192,015 | +€125,109 | +187% |
| Amounts receivable within one year | 40/41 | €18,351 | €15,309 | -€3,043 | -16.6% |
| Trade receivables | 40 | €18,351 | €12,096 | -€6,255 | -34.1% |
| Other amounts receivable | 41 | - | €3,212 | +€3,212 | |
| Cash at bank and in hand | 54/58 | €22,062 | €51,373 | +€29,311 | +133% |
| Deferred charges and accrued income | 490/1 | €704 | €1,437 | +€733 | +104% |
| Total equity and liabilities | 10/49 | €248,280 | €384,201 | +€135,921 | +54.7% |
| Equity | 10/15 | €30,160 | €52,884 | +€22,725 | +75.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160 | €22,884 | +€22,725 | +14,246% |
| Amounts payable | 17/49 | €218,121 | €331,316 | +€113,196 | +51.9% |
| Amounts payable after more than one year | 17 | €127,238 | €154,559 | +€27,321 | +21.5% |
| Financial debts | 170/4 | €127,238 | €154,559 | +€27,321 | +21.5% |
| Amounts payable within one year | 42/48 | €90,883 | €176,757 | +€85,874 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €24,039 | €34,594 | +€10,555 | +43.9% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €19,162 | €23,974 | +€4,813 | +25.1% |
| Suppliers | 440/4 | €19,162 | €23,974 | +€4,813 | +25.1% |
| Taxes, remuneration and social security | 45 | €35,182 | €43,189 | +€8,007 | +22.8% |
| Taxes | 450/3 | €29,836 | €38,456 | +€8,620 | +28.9% |
| Remuneration and social security | 454/9 | €5,346 | €4,733 | -€613 | -11.5% |
| Other amounts payable | 47/48 | €12,500 | - | -€12,500 | |
| Remuneration, social security and pensions | 62 | €68,232 | €46,550 | -€21,682 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,643 | €16,190 | -€5,453 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,885 | +€33,885 | |
| Other operating charges | 640/8 | €2,121 | €520 | -€1,601 | -75.5% |
| Gross operating margin | 9900 | €107,089 | €137,177 | +€30,088 | +28.1% |
| Operating profit (loss) | 9901 | €15,094 | €40,032 | +€24,939 | +165% |
| Financial income | 75/76B | €92 | €386 | +€294 | +319% |
| Recurring financial income | 75 | €92 | €386 | +€294 | +319% |
| Financial charges | 65/66B | €14,927 | €9,726 | -€5,201 | -34.8% |
| Recurring financial charges | 65 | €14,927 | €9,726 | -€5,201 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €259 | €30,692 | +€30,433 | +11,770% |
| Income taxes | 67/77 | €99 | €7,967 | +€7,868 | +7,943% |
| Profit (loss) for the period | 9904 | €160 | €22,725 | +€22,565 | +14,146% |
| Profit (loss) for the period to be appropriated | 9905 | €160 | €22,725 | +€22,565 | +14,146% |
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.