Teamtech: 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.
Teamtech
Largest movements
- Cash +€45,606
up €45,606 (+180%), from €25,386 to €70,992
mainly Net result for the year (+€36,855) and Current investments (+€16,362)
- Current investments -€16,362
down €16,362 (-28.5%), from €57,374 to €41,012
- Reserves +€12,737
up €12,737 (+15.3%), from €83,409 to €96,146
- Other debts +€12,118
up €12,118 (+101%), from €12,002 to €24,120
- Trade debts +€2,973
up €2,973 (+166%), from €1,794 to €4,767
- Tax, wage and social debts +€2,876
up €2,876 (+218%), from €1,319 to €4,194
of which Taxes: +€2,859
- Gross operating margin +€13,248
up €13,248 (+37.7%), from €35,116 to €48,364
- Taxes +€2,713
up €2,713 (+35.9%), from €7,567 to €10,280
- Depreciation -€1,797
down €1,797 (-71.6%), from €2,509 to €712
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 | €100,523 | €131,485 | +€30,962 | +30.8% |
| Fixed assets | 21/28 | €1,270 | €1,719 | +€450 | +35.4% |
| Tangible fixed assets | 22/27 | €1,270 | €1,719 | +€450 | +35.4% |
| Furniture and vehicles | 24 | €1,270 | €1,719 | +€450 | +35.4% |
| Current assets | 29/58 | €99,254 | €129,765 | +€30,512 | +30.7% |
| Amounts receivable within one year | 40/41 | €13,528 | €14,582 | +€1,054 | +7.8% |
| Trade receivables | 40 | €13,078 | €14,562 | +€1,484 | +11.4% |
| Other amounts receivable | 41 | €450 | €20 | -€430 | -95.6% |
| Current investments | 50/53 | €57,374 | €41,012 | -€16,362 | -28.5% |
| Cash at bank and in hand | 54/58 | €25,386 | €70,992 | +€45,606 | +180% |
| Deferred charges and accrued income | 490/1 | €2,966 | €3,179 | +€213 | +7.2% |
| Total equity and liabilities | 10/49 | €100,523 | €131,485 | +€30,962 | +30.8% |
| Equity | 10/15 | €85,409 | €98,146 | +€12,737 | +14.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €83,409 | €96,146 | +€12,737 | +15.3% |
| Distributable reserves | 133 | €83,409 | €96,146 | +€12,737 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,115 | €33,339 | +€18,224 | +121% |
| Amounts payable within one year | 42/48 | €15,115 | €33,081 | +€17,966 | +119% |
| Trade debts | 44 | €1,794 | €4,767 | +€2,973 | +166% |
| Suppliers | 440/4 | €1,794 | €4,767 | +€2,973 | +166% |
| Taxes, remuneration and social security | 45 | €1,319 | €4,194 | +€2,876 | +218% |
| Taxes | 450/3 | €1,319 | €4,178 | +€2,859 | +217% |
| Remuneration and social security | 454/9 | - | €16 | +€16 | |
| Other amounts payable | 47/48 | €12,002 | €24,120 | +€12,118 | +101% |
| Accrued charges and deferred income | 492/3 | €0 | €258 | +€258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,509 | €712 | -€1,797 | -71.6% |
| Other operating charges | 640/8 | €701 | €873 | +€172 | +24.6% |
| Gross operating margin | 9900 | €35,116 | €48,364 | +€13,248 | +37.7% |
| Operating profit (loss) | 9901 | €31,906 | €46,779 | +€14,873 | +46.6% |
| Financial income | 75/76B | €755 | €417 | -€337 | -44.7% |
| Recurring financial income | 75 | €755 | €417 | -€337 | -44.7% |
| Financial charges | 65/66B | €17 | €61 | +€44 | +260% |
| Recurring financial charges | 65 | €17 | €61 | +€44 | +260% |
| Profit (loss) for the period before taxes | 9903 | €32,644 | €47,135 | +€14,491 | +44.4% |
| Income taxes | 67/77 | €7,567 | €10,280 | +€2,713 | +35.9% |
| Profit (loss) for the period | 9904 | €25,077 | €36,855 | +€11,778 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,077 | €36,855 | +€11,778 | +47.0% |
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 18 October 2026 via checked.be.