Right Time Management: 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.
Right Time Management
Largest movements
- Receivables within one year -€26,734
down €26,734 (-35.7%), from €74,785 to €48,051
of which Trade receivables: -€31,597
- Cash +€19,294
up €19,294 (+58.8%), from €32,787 to €52,081
mainly Receivables within one year (+€26,734) and Net result for the year (+€4,299)
- Other debts -€5,959
down €5,959 (-16.2%), from €36,691 to €30,732
- Tax, wage and social debts -€5,642
down €5,642 (-39.3%), from €14,345 to €8,703
of which Taxes: -€5,878
- Reserves +€4,299
up €4,299 (+8.1%), from €53,138 to €57,437
- Gross operating margin -€28,345
down €28,345 (-80.8%), from €35,080 to €6,735
- Taxes -€7,607
down €7,607 (-78.8%), from €9,655 to €2,049
- Depreciation -€598
down €598 (-100%), from €598 to €0
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 | €107,572 | €100,133 | -€7,440 | -6.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €107,572 | €100,133 | -€7,440 | -6.9% |
| Amounts receivable within one year | 40/41 | €74,785 | €48,051 | -€26,734 | -35.7% |
| Trade receivables | 40 | €73,767 | €42,170 | -€31,597 | -42.8% |
| Other amounts receivable | 41 | €1,018 | €5,881 | +€4,863 | +478% |
| Cash at bank and in hand | 54/58 | €32,787 | €52,081 | +€19,294 | +58.8% |
| Total equity and liabilities | 10/49 | €107,572 | €100,133 | -€7,440 | -6.9% |
| Equity | 10/15 | €56,138 | €60,437 | +€4,299 | +7.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €53,138 | €57,437 | +€4,299 | +8.1% |
| Distributable reserves | 133 | €53,138 | €57,437 | +€4,299 | +8.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €51,434 | €39,695 | -€11,739 | -22.8% |
| Amounts payable within one year | 42/48 | €51,434 | €39,695 | -€11,739 | -22.8% |
| Trade debts | 44 | €398 | €260 | -€137 | -34.5% |
| Suppliers | 440/4 | €398 | €260 | -€137 | -34.5% |
| Taxes, remuneration and social security | 45 | €14,345 | €8,703 | -€5,642 | -39.3% |
| Taxes | 450/3 | €11,277 | €5,400 | -€5,878 | -52.1% |
| Remuneration and social security | 454/9 | €3,068 | €3,304 | +€235 | +7.7% |
| Other amounts payable | 47/48 | €36,691 | €30,732 | -€5,959 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €598 | €0 | -€598 | -100% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €35,080 | €6,735 | -€28,345 | -80.8% |
| Operating profit (loss) | 9901 | €34,098 | €6,347 | -€27,750 | -81.4% |
| Financial income | 75/76B | €20 | €0 | -€20 | -100% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100% |
| Financial charges | 65/66B | €15 | €0 | -€15 | -100% |
| Recurring financial charges | 65 | €15 | €0 | -€15 | -100% |
| Profit (loss) for the period before taxes | 9903 | €34,102 | €6,347 | -€27,755 | -81.4% |
| Income taxes | 67/77 | €9,655 | €2,049 | -€7,607 | -78.8% |
| Profit (loss) for the period | 9904 | €24,447 | €4,299 | -€20,148 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,447 | €4,299 | -€20,148 | -82.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.