HORS DU TEMPS: 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.
HORS DU TEMPS
Largest movements
- Receivables within one year +€13,728
up €13,728 (+38.4%), from €35,737 to €49,465
of which Trade receivables: +€13,082
- Stocks and contracts -€10,165
down €10,165 (-30.7%), from €33,073 to €22,908
- Tangible fixed assets -€2,597
down €2,597 (-72.6%), from €3,579 to €982
of which Furniture and vehicles: -€1,375
- Profit (loss) carried forward +€7,485
up €7,485 (+139%), from €5,385 to €12,870
- Debts after one year -€3,811
down €3,811 (-8.6%), from €44,452 to €40,641
- Trade debts -€1,518
no longer reported in 2025 (was €1,518)
- Tax, wage and social debts -€1,250
down €1,250 (-43.5%), from €2,875 to €1,625
of which Remuneration and social security: -€1,078
- Gross operating margin +€27,215
up €27,215, from -€10,513 to €16,702
- Staff costs -€2,435
down €2,435 (-30.7%), from €7,929 to €5,494
- Taxes +€328
up €328, from -€193 to €135
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.
Derived cash bridge
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 | €72,830 | €73,736 | +€906 | +1.2% |
| Fixed assets | 21/28 | €3,847 | €1,250 | -€2,597 | -67.5% |
| Tangible fixed assets | 22/27 | €3,579 | €982 | -€2,597 | -72.6% |
| Plant, machinery and equipment | 23 | €2,204 | €982 | -€1,222 | -55.4% |
| Furniture and vehicles | 24 | €1,375 | - | -€1,375 | |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €68,983 | €72,486 | +€3,503 | +5.1% |
| Stocks and contracts in progress | 3 | €33,073 | €22,908 | -€10,165 | -30.7% |
| Stocks | 30/36 | €33,073 | €22,908 | -€10,165 | -30.7% |
| Amounts receivable within one year | 40/41 | €35,737 | €49,465 | +€13,728 | +38.4% |
| Trade receivables | 40 | €35,737 | €48,819 | +€13,082 | +36.6% |
| Other amounts receivable | 41 | - | €646 | +€646 | |
| Cash at bank and in hand | 54/58 | €173 | - | -€173 | |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €72,830 | €73,736 | +€906 | +1.2% |
| Equity | 10/15 | €23,985 | €31,470 | +€7,485 | +31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,385 | €12,870 | +€7,485 | +139% |
| Amounts payable | 17/49 | €48,845 | €42,266 | -€6,579 | -13.5% |
| Amounts payable after more than one year | 17 | €44,452 | €40,641 | -€3,811 | -8.6% |
| Other amounts payable | 178/9 | €44,452 | €40,641 | -€3,811 | -8.6% |
| Amounts payable within one year | 42/48 | €4,393 | €1,625 | -€2,768 | -63.0% |
| Trade debts | 44 | €1,518 | - | -€1,518 | |
| Suppliers | 440/4 | €1,518 | - | -€1,518 | |
| Taxes, remuneration and social security | 45 | €2,875 | €1,625 | -€1,250 | -43.5% |
| Taxes | 450/3 | €1,797 | €1,625 | -€172 | -9.6% |
| Remuneration and social security | 454/9 | €1,078 | - | -€1,078 | |
| Remuneration, social security and pensions | 62 | €7,929 | €5,494 | -€2,435 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,597 | €2,597 | = | 0.0% |
| Other operating charges | 640/8 | €615 | €626 | +€11 | +1.8% |
| Gross operating margin | 9900 | -€10,513 | €16,702 | +€27,215 | |
| Operating profit (loss) | 9901 | -€21,654 | €7,985 | +€29,639 | |
| Financial income | 75/76B | €114 | €1 | -€113 | -99.1% |
| Recurring financial income | 75 | €114 | €1 | -€113 | -99.1% |
| Financial charges | 65/66B | €343 | €366 | +€23 | +6.7% |
| Recurring financial charges | 65 | €343 | €366 | +€23 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€21,883 | €7,620 | +€29,503 | |
| Income taxes | 67/77 | -€193 | €135 | +€328 | |
| Profit (loss) for the period | 9904 | -€21,690 | €7,485 | +€29,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,690 | €7,485 | +€29,175 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.