W - TEAM: 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.
W - TEAM
Largest movements
- Tangible fixed assets +€21,655
new in 2025: €21,655
- Receivables within one year +€16,319
up €16,319 (+12.2%), from €133,533 to €149,852
of which Other amounts receivable: +€17,094
- Cash +€12,208
up €12,208 (+119.6%), from €10,204 to €22,412
mainly Trade debts (+€32,576) and Tax, wage and social debts (+€13,242)
- Trade debts +€32,576
up €32,576 (+1702.3%), from €1,914 to €34,490
- Tax, wage and social debts +€13,242
up €13,242 (+79.7%), from €16,616 to €29,858
of which Taxes: +€12,460
- Current portion of long-term debt +€9,250
new in 2025: €9,250
- Profit (loss) carried forward -€4,786
down €4,786 (-4.5%), from €106,658 to €101,872
- Gross operating margin -€13,135
down €13,135 (-42.0%), from €31,296 to €18,162
- Staff costs +€10,328
up €10,328 (+113.5%), from €9,100 to €19,428
- Taxes -€6,006
down €6,006 (-91.6%), from €6,559 to €554
- Depreciation +€2,345
new in 2025: €2,345
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 | €143,787 | €194,070 | +€50,282 | +35.0% |
| Fixed assets | 21/28 | - | €21,805 | +€21,805 | |
| Tangible fixed assets | 22/27 | - | €21,655 | +€21,655 | |
| Furniture and vehicles | 24 | - | €21,655 | +€21,655 | |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €143,787 | €172,265 | +€28,478 | +19.8% |
| Amounts receivable within one year | 40/41 | €133,533 | €149,852 | +€16,319 | +12.2% |
| Trade receivables | 40 | €3,872 | €3,097 | -€775 | -20.0% |
| Other amounts receivable | 41 | €129,661 | €146,755 | +€17,094 | +13.2% |
| Cash at bank and in hand | 54/58 | €10,204 | €22,412 | +€12,208 | +119.6% |
| Deferred charges and accrued income | 490/1 | €50 | - | -€50 | |
| Total equity and liabilities | 10/49 | €143,787 | €194,070 | +€50,282 | +35.0% |
| Equity | 10/15 | €125,258 | €120,472 | -€4,786 | -3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,658 | €101,872 | -€4,786 | -4.5% |
| Amounts payable | 17/49 | €18,530 | €73,598 | +€55,068 | +297.2% |
| Amounts payable within one year | 42/48 | €18,530 | €73,598 | +€55,068 | +297.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,250 | +€9,250 | |
| Trade debts | 44 | €1,914 | €34,490 | +€32,576 | +1702.3% |
| Suppliers | 440/4 | €1,914 | €34,490 | +€32,576 | +1702.3% |
| Taxes, remuneration and social security | 45 | €16,616 | €29,858 | +€13,242 | +79.7% |
| Taxes | 450/3 | €14,880 | €27,339 | +€12,460 | +83.7% |
| Remuneration and social security | 454/9 | €1,736 | €2,518 | +€782 | +45.0% |
| Remuneration, social security and pensions | 62 | €9,100 | €19,428 | +€10,328 | +113.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,345 | +€2,345 | |
| Other operating charges | 640/8 | €640 | €432 | -€209 | -32.6% |
| Gross operating margin | 9900 | €31,296 | €18,162 | -€13,135 | -42.0% |
| Operating profit (loss) | 9901 | €21,557 | -€4,043 | -€25,599 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €138 | €189 | +€51 | +36.9% |
| Recurring financial charges | 65 | €138 | €189 | +€51 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €21,418 | -€4,232 | -€25,650 | |
| Income taxes | 67/77 | €6,559 | €554 | -€6,006 | -91.6% |
| Profit (loss) for the period | 9904 | €14,859 | -€4,786 | -€19,645 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,859 | -€4,786 | -€19,645 |
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 7 October 2026 via checked.be.