USTEAM: 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.
USTEAM
Largest movements
- Tangible fixed assets -€21,616
down €21,616 (-45.4%), from €47,600 to €25,984
of which Leasing and similar rights: -€15,064
- Receivables within one year +€21,330
up €21,330 (+18.9%), from €113,039 to €134,369
of which Other amounts receivable: +€17,524
- Profit (loss) carried forward +€26,268
up €26,268 (+33.3%), from €78,804 to €105,072
- Current portion of long-term debt -€14,955
down €14,955 (-48.1%), from €31,099 to €16,144
- Tax, wage and social debts -€8,077
down €8,077 (-34.7%), from €23,302 to €15,225
- Short-term financial debts -€3,155
no longer reported in 2025 (was €3,155)
- Purchases and services +€69,086
up €69,086 (+27.1%), from €254,629 to €323,716
- Turnover +€58,916
up €58,916 (+17.9%), from €328,722 to €387,638
- Gross operating margin -€11,033
down €11,033 (-14.2%), from €77,668 to €66,635
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 | €160,954 | €160,665 | -€289 | -0.2% |
| Fixed assets | 21/28 | €47,600 | €25,984 | -€21,616 | -45.4% |
| Tangible fixed assets | 22/27 | €47,600 | €25,984 | -€21,616 | -45.4% |
| Plant, machinery and equipment | 23 | €338 | €117 | -€221 | -65.4% |
| Furniture and vehicles | 24 | €9,070 | €2,740 | -€6,330 | -69.8% |
| Leasing and similar rights | 25 | €38,192 | €23,127 | -€15,064 | -39.4% |
| Current assets | 29/58 | €113,354 | €134,681 | +€21,327 | +18.8% |
| Amounts receivable within one year | 40/41 | €113,039 | €134,369 | +€21,330 | +18.9% |
| Trade receivables | 40 | €24,645 | €28,452 | +€3,806 | +15.4% |
| Other amounts receivable | 41 | €88,393 | €105,917 | +€17,524 | +19.8% |
| Cash at bank and in hand | 54/58 | - | €313 | +€313 | |
| Deferred charges and accrued income | 490/1 | €316 | - | -€316 | |
| Total equity and liabilities | 10/49 | €160,954 | €160,665 | -€289 | -0.2% |
| Equity | 10/15 | €80,804 | €107,072 | +€26,268 | +32.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,804 | €105,072 | +€26,268 | +33.3% |
| Amounts payable | 17/49 | €80,150 | €53,593 | -€26,557 | -33.1% |
| Amounts payable after more than one year | 17 | €865 | - | -€865 | |
| Financial debts | 170/4 | €865 | - | -€865 | |
| Amounts payable within one year | 42/48 | €79,285 | €53,593 | -€25,692 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €31,099 | €16,144 | -€14,955 | -48.1% |
| Financial debts | 43 | €3,155 | - | -€3,155 | |
| Credit institutions | 430/8 | €3,155 | - | -€3,155 | |
| Trade debts | 44 | €21,730 | €22,224 | +€495 | +2.3% |
| Suppliers | 440/4 | €21,730 | €22,224 | +€495 | +2.3% |
| Taxes, remuneration and social security | 45 | €23,302 | €15,225 | -€8,077 | -34.7% |
| Taxes | 450/3 | €23,302 | €15,225 | -€8,077 | -34.7% |
| Turnover | 70 | €328,722 | €387,638 | +€58,916 | +17.9% |
| Non-recurring operating income | 76A | €3,576 | €2,713 | -€863 | -24.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €254,629 | €323,716 | +€69,086 | +27.1% |
| Remuneration, social security and pensions | 62 | €309 | €71 | -€238 | -77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,616 | €21,616 | = | 0.0% |
| Other operating charges | 640/8 | €1,189 | €2,537 | +€1,348 | +113.4% |
| Gross operating margin | 9900 | €77,668 | €66,635 | -€11,033 | -14.2% |
| Operating profit (loss) | 9901 | €54,555 | €42,412 | -€12,143 | -22.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,482 | €975 | -€507 | -34.2% |
| Recurring financial charges | 65 | €1,482 | €975 | -€507 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €53,074 | €41,437 | -€11,637 | -21.9% |
| Income taxes | 67/77 | €15,428 | €15,168 | -€259 | -1.7% |
| Profit (loss) for the period | 9904 | €37,646 | €26,268 | -€11,378 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,646 | €26,268 | -€11,378 | -30.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.