FRESH TIME: 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.
FRESH TIME
Largest movements
- Financial fixed assets +€3,000
new in 2025: €3,000
- Receivables within one year +€2,892
up €2,892 (+28.3%), from €10,231 to €13,122
of which Trade receivables: +€5,460
- Cash -€781
down €781 (-90.7%), from €861 to €80
mainly Trade debts (-€4,010) and Investment in fixed assets (net) (-€3,000)
- Tangible fixed assets -€397
down €397 (-20.2%), from €1,969 to €1,572
of which Other tangible fixed assets: -€397
- Profit (loss) carried forward +€7,932
up €7,932, from -€4,932 to €3,000
- Trade debts -€4,010
down €4,010 (-33.9%), from €11,819 to €7,809
- Other debts +€1,960
new in 2025: €1,960
- Tax, wage and social debts -€1,168
down €1,168 (-31.8%), from €3,674 to €2,506
of which Remuneration and social security: -€2,647
- Staff costs -€39,678
down €39,678 (-75.3%), from €52,662 to €12,984
- Gross operating margin -€33,938
down €33,938 (-57.0%), from €59,567 to €25,630
- Taxes +€1,755
new in 2025: €1,755
- Other operating charges +€1,373
up €1,373 (+250.2%), from €549 to €1,922
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 | €13,061 | €17,774 | +€4,714 | +36.1% |
| Fixed assets | 21/28 | €1,969 | €4,572 | +€2,603 | +132.2% |
| Tangible fixed assets | 22/27 | €1,969 | €1,572 | -€397 | -20.2% |
| Other tangible fixed assets | 26 | €969 | €572 | -€397 | -41.0% |
| Assets under construction and advance payments | 27 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €11,092 | €13,202 | +€2,110 | +19.0% |
| Amounts receivable within one year | 40/41 | €10,231 | €13,122 | +€2,892 | +28.3% |
| Trade receivables | 40 | €756 | €6,216 | +€5,460 | +722.2% |
| Other amounts receivable | 41 | €9,475 | €6,906 | -€2,568 | -27.1% |
| Cash at bank and in hand | 54/58 | €861 | €80 | -€781 | -90.7% |
| Total equity and liabilities | 10/49 | €13,061 | €17,774 | +€4,714 | +36.1% |
| Equity | 10/15 | -€2,432 | €5,500 | +€7,932 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,932 | €3,000 | +€7,932 | |
| Amounts payable | 17/49 | €15,493 | €12,274 | -€3,218 | -20.8% |
| Amounts payable within one year | 42/48 | €15,493 | €12,274 | -€3,218 | -20.8% |
| Trade debts | 44 | €11,819 | €7,809 | -€4,010 | -33.9% |
| Suppliers | 440/4 | €11,819 | €7,809 | -€4,010 | -33.9% |
| Taxes, remuneration and social security | 45 | €3,674 | €2,506 | -€1,168 | -31.8% |
| Taxes | 450/3 | €618 | €2,098 | +€1,480 | +239.5% |
| Remuneration and social security | 454/9 | €3,056 | €409 | -€2,647 | -86.6% |
| Other amounts payable | 47/48 | - | €1,960 | +€1,960 | |
| Remuneration, social security and pensions | 62 | €52,662 | €12,984 | -€39,678 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | €397 | -€69 | -14.7% |
| Other operating charges | 640/8 | €549 | €1,922 | +€1,373 | +250.2% |
| Gross operating margin | 9900 | €59,567 | €25,630 | -€33,938 | -57.0% |
| Operating profit (loss) | 9901 | €5,890 | €10,326 | +€4,436 | +75.3% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €169 | €665 | +€496 | +294.3% |
| Recurring financial charges | 65 | €169 | €665 | +€496 | +294.3% |
| Profit (loss) for the period before taxes | 9903 | €5,722 | €9,687 | +€3,965 | +69.3% |
| Income taxes | 67/77 | - | €1,755 | +€1,755 | |
| Profit (loss) for the period | 9904 | €5,722 | €7,932 | +€2,210 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,722 | €7,932 | +€2,210 | +38.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.