Term ID instead of 'Term'

Hi, first of all, thanks a lot for your great idea :) and now the bad stuff.

I don't understand how this can happen but I will try to list my set up:

1) Taxonomy vocabulary (each term does not have a description associated to it, just the term);
2) Panels 3 with override to the user page;
3) User profile set as a Panel 3 pane;

When I create a profile field from administration, the list of vocabularies is shown perfectly, but when I edit my profile and then go and look for the output, instead of the term I receive the term ID.

Please let me know if there is anything else I can do to help and keep going please :)