TEAMWORK STAFFING: what changed
What changed
TEAMWORK STAFFING
NACE 82.300, Organisation of conventions and trade shows
filed annual accounts (NBB)
Net result for the year
€19,134
2024 · €275,252-€256,118
Equity
€139,584
2024 · €120,450+€19,134
Cash
€9,433
2024 · €705+€8,728
Balance sheet total
€325,223
2024 · €606,718-€281,495
Largest movements
Assets
- Receivables within one year -€289,860
down €289,860 (-55.4%), from €523,038 to €233,178
of which Other amounts receivable: -€428,128
- Cash +€8,728
up €8,728 (+1,238%), from €705 to €9,433
mainly Receivables within one year (+€289,860) and Net result for the year (+€19,134)
Equity and liabilities
- Other debts -€238,511
down €238,511 (-89.4%), from €266,742 to €28,231
- Tax, wage and social debts -€57,961
down €57,961 (-35.9%), from €161,578 to €103,618
of which Taxes: -€36,953
- Profit (loss) carried forward +€19,134
up €19,134 (+5.0%), from -€382,553 to -€363,420
Income statement
- Gross operating margin -€750,337
down €750,337 (-36.6%), from €2.1m to €1.3m
- Other operating charges -€248,546
down €248,546 (-99.8%), from €249,090 to €544
- Staff costs -€237,193
down €237,193 (-15.7%), from €1.5m to €1.3m
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
€275,252
Gross operating margin
-€750,337
Staff costs
+€237,193
Depreciation
+€1,673
Other operating charges
+€248,546
Other operating items
+€482
Financial income
+€231
Financial charges
+€6,094
Result 2025
€19,134
raises the resultlowers the resultnot broken down further in the accounts
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
+€8,636
Investment
€0
Financing
+€92
Cash 2024
€705
From operations (derived)
+€8,636
Net result for the year
+€19,134
Depreciation
+€850
Receivables within one year
+€289,860
Deferred charges and accrued income
-€488
Trade debts
-€4,249
Tax, wage and social debts
-€57,961
Other debts
-€238,511
Financing
+€92
Short-term financial debts
+€92
Cash 2025
€9,433
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,718 | €325,223 | -€281,495 | -46.4% |
| Fixed assets | 21/28 | €76,939 | €76,089 | -€850 | -1.1% |
| Tangible fixed assets | 22/27 | €1,939 | €1,089 | -€850 | -43.8% |
| Land and buildings | 22 | €1,146 | €997 | -€149 | -13.0% |
| Furniture and vehicles | 24 | €793 | €92 | -€701 | -88.4% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €529,779 | €249,134 | -€280,645 | -53.0% |
| Amounts receivable within one year | 40/41 | €523,038 | €233,178 | -€289,860 | -55.4% |
| Trade receivables | 40 | €93,182 | €231,450 | +€138,268 | +148% |
| Other amounts receivable | 41 | €429,856 | €1,728 | -€428,128 | -99.6% |
| Cash at bank and in hand | 54/58 | €705 | €9,433 | +€8,728 | +1,238% |
| Deferred charges and accrued income | 490/1 | €6,036 | €6,523 | +€488 | +8.1% |
| Total equity and liabilities | 10/49 | €606,718 | €325,223 | -€281,495 | -46.4% |
| Equity | 10/15 | €120,450 | €139,584 | +€19,134 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €496,803 | €496,803 | = | 0.0% |
| Tax-exempt reserves | 132 | €496,803 | €496,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€382,553 | -€363,420 | +€19,134 | +5.0% |
| Amounts payable | 17/49 | €486,268 | €185,640 | -€300,629 | -61.8% |
| Amounts payable within one year | 42/48 | €486,268 | €185,640 | -€300,629 | -61.8% |
| Financial debts | 43 | - | €92 | +€92 | |
| Other loans | 439 | - | €92 | +€92 | |
| Trade debts | 44 | €57,948 | €53,699 | -€4,249 | -7.3% |
| Suppliers | 440/4 | €57,948 | €53,699 | -€4,249 | -7.3% |
| Taxes, remuneration and social security | 45 | €161,578 | €103,618 | -€57,961 | -35.9% |
| Taxes | 450/3 | €116,164 | €79,211 | -€36,953 | -31.8% |
| Remuneration and social security | 454/9 | €45,414 | €24,407 | -€21,007 | -46.3% |
| Other amounts payable | 47/48 | €266,742 | €28,231 | -€238,511 | -89.4% |
| Non-recurring operating income | 76A | €501,985 | €1,454 | -€500,531 | -99.7% |
| Remuneration, social security and pensions | 62 | €1,515,592 | €1,278,399 | -€237,193 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,524 | €850 | -€1,673 | -66.3% |
| Other operating charges | 640/8 | €249,090 | €544 | -€248,546 | -99.8% |
| Non-recurring operating charges | 66A | €482 | €0 | -€482 | -100% |
| Gross operating margin | 9900 | €2,051,037 | €1,300,700 | -€750,337 | -36.6% |
| Operating profit (loss) | 9901 | €283,349 | €20,907 | -€262,442 | -92.6% |
| Financial income | 75/76B | €0 | €231 | +€231 | +256,133% |
| Recurring financial income | 75 | €0 | €231 | +€231 | +256,133% |
| Financial charges | 65/66B | €8,097 | €2,004 | -€6,094 | -75.3% |
| Recurring financial charges | 65 | €8,097 | €2,004 | -€6,094 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €275,252 | €19,134 | -€256,118 | -93.0% |
| Profit (loss) for the period | 9904 | €275,252 | €19,134 | -€256,118 | -93.0% |
| Transfer to tax-exempt reserves | 689 | €496,803 | €0 | -€496,803 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€221,551 | €19,134 | +€240,685 |
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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 3 November 2026 via checked.be.