Passing Time: 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.
Passing Time
Largest movements
- Cash +€17,507
up €17,507 (+124072.1%), from €14 to €17,521
mainly Net result for the year (+€12,283) and Tax, wage and social debts (+€5,229)
- Tangible fixed assets -€865
down €865 (-26.3%), from €3,288 to €2,423
- Profit (loss) carried forward +€12,283
up €12,283, from -€10,465 to €1,818
- Tax, wage and social debts +€5,229
up €5,229 (+160.4%), from €3,260 to €8,489
- Other debts -€1,531
down €1,531 (-38.9%), from €3,932 to €2,401
- Trade debts +€661
up €661 (+114.8%), from €576 to €1,237
- Gross operating margin +€25,901
up €25,901, from -€10,315 to €15,585
- Taxes +€1,478
new in 2025: €1,478
- Depreciation +€748
up €748 (+636.5%), from €117 to €865
- Other operating charges +€742
new in 2025: €742
- Financial charges +€185
up €185 (+574.8%), from €32 to €217
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 | €3,302 | €19,944 | +€16,642 | +503.9% |
| Fixed assets | 21/28 | €3,288 | €2,423 | -€865 | -26.3% |
| Tangible fixed assets | 22/27 | €3,288 | €2,423 | -€865 | -26.3% |
| Plant, machinery and equipment | 23 | €3,288 | €2,423 | -€865 | -26.3% |
| Current assets | 29/58 | €14 | €17,521 | +€17,507 | +124072.1% |
| Cash at bank and in hand | 54/58 | €14 | €17,521 | +€17,507 | +124072.1% |
| Total equity and liabilities | 10/49 | €3,302 | €19,944 | +€16,642 | +503.9% |
| Equity | 10/15 | -€4,465 | €7,818 | +€12,283 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,465 | €1,818 | +€12,283 | |
| Amounts payable | 17/49 | €7,767 | €12,126 | +€4,359 | +56.1% |
| Amounts payable within one year | 42/48 | €7,767 | €12,126 | +€4,359 | +56.1% |
| Trade debts | 44 | €576 | €1,237 | +€661 | +114.8% |
| Suppliers | 440/4 | €576 | €1,237 | +€661 | +114.8% |
| Taxes, remuneration and social security | 45 | €3,260 | €8,489 | +€5,229 | +160.4% |
| Taxes | 450/3 | €3,260 | €8,489 | +€5,229 | +160.4% |
| Other amounts payable | 47/48 | €3,932 | €2,401 | -€1,531 | -38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117 | €865 | +€748 | +636.5% |
| Other operating charges | 640/8 | - | €742 | +€742 | |
| Gross operating margin | 9900 | -€10,315 | €15,585 | +€25,901 | |
| Operating profit (loss) | 9901 | -€10,433 | €13,978 | +€24,411 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €32 | €217 | +€185 | +574.8% |
| Recurring financial charges | 65 | €32 | €217 | +€185 | +574.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,465 | €13,760 | +€24,226 | |
| Income taxes | 67/77 | - | €1,478 | +€1,478 | |
| Profit (loss) for the period | 9904 | -€10,465 | €12,283 | +€22,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,465 | €12,283 | +€22,748 |
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 9 October 2026 via checked.be.