Special Time Services: 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.
Special Time Services
Largest movements
- Tangible fixed assets -€8,910
down €8,910 (-10.7%), from €83,333 to €74,423
of which Land and buildings: -€5,719
- Cash -€2,093
down €2,093 (-73.3%), from €2,855 to €762
mainly Tax, wage and social debts (-€29,003) and Short-term financial debts (-€9,402)
- Receivables within one year -€1,673
down €1,673 (-36.1%), from €4,633 to €2,960
of which Trade receivables: -€1,684
- Stocks and contracts -€1,204
down €1,204 (-40.4%), from €2,977 to €1,773
- Other debts +€36,982
up €36,982 (+868%), from €4,262 to €41,244
- Tax, wage and social debts -€29,003
down €29,003 (-92.4%), from €31,376 to €2,373
of which Remuneration and social security: -€26,916
- Short-term financial debts -€9,402
down €9,402 (-34.9%), from €26,918 to €17,515
- Trade debts -€6,820
down €6,820 (-67.4%), from €10,117 to €3,297
- Current portion of long-term debt -€3,262
down €3,262 (-100%), from €3,262 to €0
- Gross operating margin -€3,421
down €3,421 (-25.2%), from €13,593 to €10,172
- Financial charges -€1,599
down €1,599 (-34.1%), from €4,682 to €3,084
- Depreciation -€825
down €825 (-11.1%), from €7,460 to €6,635
- Taxes -€322
down €322 (-59.7%), from €540 to €218
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 | €95,448 | €81,213 | -€14,235 | -14.9% |
| Fixed assets | 21/28 | €84,201 | €75,291 | -€8,910 | -10.6% |
| Tangible fixed assets | 22/27 | €83,333 | €74,423 | -€8,910 | -10.7% |
| Land and buildings | 22 | €78,382 | €72,663 | -€5,719 | -7.3% |
| Furniture and vehicles | 24 | €4,951 | €1,760 | -€3,191 | -64.5% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €11,248 | €5,923 | -€5,325 | -47.3% |
| Stocks and contracts in progress | 3 | €2,977 | €1,773 | -€1,204 | -40.4% |
| Stocks | 30/36 | €2,977 | €1,773 | -€1,204 | -40.4% |
| Amounts receivable within one year | 40/41 | €4,633 | €2,960 | -€1,673 | -36.1% |
| Trade receivables | 40 | €4,633 | €2,949 | -€1,684 | -36.4% |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €2,855 | €762 | -€2,093 | -73.3% |
| Deferred charges and accrued income | 490/1 | €783 | €428 | -€355 | -45.4% |
| Total equity and liabilities | 10/49 | €95,448 | €81,213 | -€14,235 | -14.9% |
| Equity | 10/15 | €11,336 | €8,607 | -€2,730 | -24.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,115 | -€11,845 | -€2,730 | -29.9% |
| Amounts payable | 17/49 | €84,112 | €72,607 | -€11,506 | -13.7% |
| Amounts payable after more than one year | 17 | €2,160 | €2,160 | = | 0.0% |
| Other amounts payable | 178/9 | €2,160 | €2,160 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,890 | €70,385 | -€11,506 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €3,262 | €0 | -€3,262 | -100% |
| Financial debts | 43 | €26,918 | €17,515 | -€9,402 | -34.9% |
| Credit institutions | 430/8 | €26,918 | €17,515 | -€9,402 | -34.9% |
| Trade debts | 44 | €10,117 | €3,297 | -€6,820 | -67.4% |
| Suppliers | 440/4 | €10,117 | €3,297 | -€6,820 | -67.4% |
| Advances received on contracts in progress | 46 | €5,955 | €5,955 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,376 | €2,373 | -€29,003 | -92.4% |
| Taxes | 450/3 | €4,460 | €2,373 | -€2,086 | -46.8% |
| Remuneration and social security | 454/9 | €26,916 | €0 | -€26,916 | -100% |
| Other amounts payable | 47/48 | €4,262 | €41,244 | +€36,982 | +868% |
| Accrued charges and deferred income | 492/3 | €62 | €62 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,460 | €6,635 | -€825 | -11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €45 | +€45 | |
| Other operating charges | 640/8 | €1,904 | €2,031 | +€127 | +6.6% |
| Non-recurring operating charges | 66A | - | €890 | +€890 | |
| Gross operating margin | 9900 | €13,593 | €10,172 | -€3,421 | -25.2% |
| Operating profit (loss) | 9901 | €4,229 | €571 | -€3,658 | -86.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +3,025% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +3,025% |
| Financial charges | 65/66B | €4,682 | €3,084 | -€1,599 | -34.1% |
| Recurring financial charges | 65 | €4,682 | €3,084 | -€1,599 | -34.1% |
| Profit (loss) for the period before taxes | 9903 | -€454 | -€2,512 | -€2,058 | -454% |
| Income taxes | 67/77 | €540 | €218 | -€322 | -59.7% |
| Profit (loss) for the period | 9904 | -€994 | -€2,730 | -€1,736 | -175% |
| Profit (loss) for the period to be appropriated | 9905 | -€994 | -€2,730 | -€1,736 | -175% |
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 19 October 2026 via checked.be.