Teans: what changed
Two fiscal 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.
What changed
Teans
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.6m
2024 · €3.9m-€1.3m
Equity
€11.5m
2024 · €17.4m-€5.9m
Cash
€820,320
2024 · €1.1m-€244,555
Balance sheet total
€13.2m
2024 · €18.6m-€5.4m
Largest movements
Assets
- Current investments -€5.0m
down €5.0m (-84.9%), from €5.9m to €888,380
- Tangible fixed assets -€423,549
down €423,549 (-10.5%), from €4.0m to €3.6m
of which Land and buildings: -€375,097
- Cash -€244,555
down €244,555 (-23.0%), from €1.1m to €820,320
mainly Contributions, distributions and other (-€8.5m) and Other debts (-€108,276)
Equity and liabilities
- Reserves -€5.9m
down €5.9m (-34.5%), from €17.2m to €11.3m
of which Distributable reserves: -€5.9m
- Tax, wage and social debts +€768,816
up €768,816 (+1176.6%), from €65,342 to €834,158
of which Taxes: +€785,248
Income statement
- Gross operating margin -€1.6m
down €1.6m (-29.3%), from €5.3m to €3.8m
- Financial income -€205,588
down €205,588 (-63.1%), from €325,596 to €120,007
- Taxes -€167,244
down €167,244 (-15.0%), from €1.1m to €951,222
- Financial charges -€89,242
down €89,242 (-71.3%), from €125,196 to €35,954
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.
Result 2024
€3.9m
Gross operating margin
-€1.6m
Staff costs
-€155
Depreciation
-€32,659
Other operating charges
-€16,442
Other operating items
+€46,433
Financial income
-€205,588
Financial charges
+€89,242
Taxes
+€167,244
Deferred taxes and other
+€205,390
Result 2025
€2.6m
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.
From operations
+€3.3m
Investment
+€5.0m
Financing
-€8.6m
Cash 2024
€1.1m
From operations (derived)
+€3.3m
Net result for the year
+€2.6m
Depreciation
+€229,188
Receivables within one year
-€96,469
Smaller working-capital items
+€5,608
Trade debts
-€51,252
Tax, wage and social debts
+€768,816
Other debts
-€108,276
Investment (derived)
+€5.0m
Investment in fixed assets (net)
+€14,950
Current investments
+€5.0m
Financing
-€8.6m
Debts after one year
-€68,636
Current portion of long-term debt
+€1,504
Contributions, distributions and other
-€8.5m
Cash 2025
€820,320
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,587,371 | €13,175,201 | -€5.4m | -29.1% |
| Fixed assets | 21/28 | €10,824,018 | €10,579,880 | -€244,138 | -2.3% |
| Tangible fixed assets | 22/27 | €4,024,977 | €3,601,428 | -€423,549 | -10.5% |
| Land and buildings | 22 | €1,756,458 | €1,381,361 | -€375,097 | -21.4% |
| Furniture and vehicles | 24 | €146,933 | €87,766 | -€59,166 | -40.3% |
| Other tangible fixed assets | 26 | €2,121,587 | €2,132,301 | +€10,715 | +0.5% |
| Financial fixed assets | 28 | €6,799,041 | €6,978,452 | +€179,411 | +2.6% |
| Current assets | 29/58 | €7,763,353 | €2,595,321 | -€5.2m | -66.6% |
| Amounts receivable within one year | 40/41 | €784,776 | €881,245 | +€96,469 | +12.3% |
| Trade receivables | 40 | €159,874 | €86,513 | -€73,361 | -45.9% |
| Other amounts receivable | 41 | €624,902 | €794,732 | +€169,831 | +27.2% |
| Current investments | 50/53 | €5,888,380 | €888,380 | -€5.0m | -84.9% |
| Cash at bank and in hand | 54/58 | €1,064,874 | €820,320 | -€244,555 | -23.0% |
| Deferred charges and accrued income | 490/1 | €25,323 | €5,376 | -€19,947 | -78.8% |
| Total equity and liabilities | 10/49 | €18,587,371 | €13,175,201 | -€5.4m | -29.1% |
| Equity | 10/15 | €17,394,502 | €11,454,516 | -€5.9m | -34.1% |
| Contributions | 10/11 | €184,500 | €184,500 | = | 0.0% |
| Capital | 10 | €184,500 | €184,500 | = | 0.0% |
| Issued capital | 100 | €184,500 | €184,500 | = | 0.0% |
| Reserves | 13 | €17,210,002 | €11,270,016 | -€5.9m | -34.5% |
| Non-distributable reserves | 130/1 | €35,280 | €35,280 | = | 0.0% |
| Legal reserve | 130 | €35,280 | €35,280 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,491,164 | €1,448,146 | -€43,018 | -2.9% |
| Distributable reserves | 133 | €15,683,558 | €9,786,590 | -€5.9m | -37.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €497,055 | €482,715 | -€14,339 | -2.9% |
| Deferred taxes | 168 | €497,055 | €482,715 | -€14,339 | -2.9% |
| Amounts payable | 17/49 | €695,815 | €1,237,970 | +€542,155 | +77.9% |
| Amounts payable after more than one year | 17 | €365,232 | €296,596 | -€68,636 | -18.8% |
| Financial debts | 170/4 | €365,232 | €296,596 | -€68,636 | -18.8% |
| Amounts payable within one year | 42/48 | €330,583 | €941,374 | +€610,791 | +184.8% |
| Current portion of amounts payable after more than one year | 42 | €67,133 | €68,636 | +€1,504 | +2.2% |
| Trade debts | 44 | €89,832 | €38,580 | -€51,252 | -57.1% |
| Suppliers | 440/4 | €89,832 | €38,580 | -€51,252 | -57.1% |
| Taxes, remuneration and social security | 45 | €65,342 | €834,158 | +€768,816 | +1176.6% |
| Taxes | 450/3 | €45,378 | €830,625 | +€785,248 | +1730.5% |
| Remuneration and social security | 454/9 | €19,965 | €3,532 | -€16,432 | -82.3% |
| Other amounts payable | 47/48 | €108,276 | €0 | -€108,276 | -100.0% |
| Non-recurring operating income | 76A | €841,211 | €3,146,859 | +€2.3m | +274.1% |
| Remuneration, social security and pensions | 62 | €36,484 | €36,639 | +€155 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196,529 | €229,188 | +€32,659 | +16.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €64,427 | €80,869 | +€16,442 | +25.5% |
| Non-recurring operating charges | 66A | €56,818 | €10,384 | -€46,433 | -81.7% |
| Gross operating margin | 9900 | €5,330,908 | €3,769,922 | -€1.6m | -29.3% |
| Operating profit (loss) | 9901 | €4,976,652 | €3,412,843 | -€1.6m | -31.4% |
| Financial income | 75/76B | €325,596 | €120,007 | -€205,588 | -63.1% |
| Recurring financial income | 75 | €325,596 | €120,007 | -€205,588 | -63.1% |
| Financial charges | 65/66B | €125,196 | €35,954 | -€89,242 | -71.3% |
| Recurring financial charges | 65 | €125,196 | €35,954 | -€89,242 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €5,177,051 | €3,496,897 | -€1.7m | -32.5% |
| Transfer from deferred taxes | 780 | €13,152 | €14,339 | +€1,188 | +9.0% |
| Transfer to deferred taxes | 680 | €204,203 | €0 | -€204,203 | -100.0% |
| Income taxes | 67/77 | €1,118,466 | €951,222 | -€167,244 | -15.0% |
| Profit (loss) for the period | 9904 | €3,867,534 | €2,560,014 | -€1.3m | -33.8% |
| Transfer from tax-exempt reserves | 789 | €39,455 | €43,018 | +€3,563 | +9.0% |
| Transfer to tax-exempt reserves | 689 | €612,608 | €0 | -€612,608 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,294,382 | €2,603,032 | -€691,349 | -21.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.