TIJDPERK: 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.
What changed
TIJDPERK
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€210,884
2024 · -€97,315-€113,569
Equity
€207,812
2024 · €418,696-€210,884
Cash
€8,214
2024 · €9,886-€1,672
Balance sheet total
€1.3m
2024 · €1.6m-€279,999
Largest movements
Assets
- Financial fixed assets -€146,410
down €146,410 (-100%), from €146,410 to €0
- Receivables within one year -€47,959
down €47,959 (-28.5%), from €168,246 to €120,287
of which Trade receivables: -€52,811
- Receivables after one year -€43,386
down €43,386 (-100%), from €43,386 to €0
- Tangible fixed assets -€41,743
down €41,743 (-3.4%), from €1.2m to €1.2m
Equity and liabilities
- Profit (loss) carried forward -€199,724
down €199,724 (-3,712%), from -€5,380 to -€205,104
- Trade debts -€82,910
down €82,910 (-79.8%), from €103,901 to €20,992
- Other debts +€35,316
up €35,316 (+37.8%), from €93,483 to €128,800
- Short-term financial debts -€33,000
down €33,000 (-5.4%), from €614,800 to €581,800
Income statement
- Financial charges +€145,151
up €145,151 (+362%), from €40,070 to €185,221
of which Non-recurring financial charges: +€146,410
- Gross operating margin +€81,683
up €81,683 (+8,628%), from €947 to €82,629
- Depreciation +€5,626
up €5,626 (+10.1%), from €55,758 to €61,384
- Other operating charges +€1,455
up €1,455 (+64.7%), from €2,250 to €3,705
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.
Result 2024
-€97,315
Gross operating margin
+€81,683
Depreciation
-€5,626
Other operating charges
-€1,455
Other operating items
-€43,386
Financial income
-€59
Financial charges
-€145,151
Taxes
+€426
Result 2025
-€210,884
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€113,402
Investment
+€126,769
Financing
-€15,038
Cash 2024
€9,886
From operations (derived)
-€113,402
Net result for the year
-€210,884
Depreciation
+€61,384
Receivables after one year
+€43,386
Stocks and contracts
+€500
Receivables within one year
+€47,959
Deferred charges and accrued income
-€1,670
Trade debts
-€82,910
Tax, wage and social debts
-€5,142
Other debts
+€35,316
Accrued charges and deferred income
-€1,341
Investment (derived)
+€126,769
Investment in fixed assets (net)
+€126,769
Financing
-€15,038
Debts after one year
+€15,656
Current portion of long-term debt
+€2,306
Short-term financial debts
-€33,000
Cash 2025
€8,214
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,584,398 | €1,304,399 | -€279,999 | -17.7% |
| Fixed assets | 21/28 | €1,360,399 | €1,172,247 | -€188,153 | -13.8% |
| Tangible fixed assets | 22/27 | €1,213,989 | €1,172,247 | -€41,743 | -3.4% |
| Land and buildings | 22 | €1,089,460 | €1,070,666 | -€18,795 | -1.7% |
| Plant, machinery and equipment | 23 | €22,715 | €16,668 | -€6,047 | -26.6% |
| Furniture and vehicles | 24 | €63,614 | €46,712 | -€16,901 | -26.6% |
| Other tangible fixed assets | 26 | €38,200 | €38,200 | = | 0.0% |
| Financial fixed assets | 28 | €146,410 | €0 | -€146,410 | -100% |
| Current assets | 29/58 | €223,999 | €132,153 | -€91,846 | -41.0% |
| Amounts receivable after more than one year | 29 | €43,386 | €0 | -€43,386 | -100% |
| Other amounts receivable | 291 | €43,386 | €0 | -€43,386 | -100% |
| Stocks and contracts in progress | 3 | €1,000 | €500 | -€500 | -50.0% |
| Stocks | 30/36 | €1,000 | €500 | -€500 | -50.0% |
| Amounts receivable within one year | 40/41 | €168,246 | €120,287 | -€47,959 | -28.5% |
| Trade receivables | 40 | €168,246 | €115,435 | -€52,811 | -31.4% |
| Other amounts receivable | 41 | €0 | €4,853 | +€4,853 | |
| Cash at bank and in hand | 54/58 | €9,886 | €8,214 | -€1,672 | -16.9% |
| Deferred charges and accrued income | 490/1 | €1,481 | €3,152 | +€1,670 | +113% |
| Total equity and liabilities | 10/49 | €1,584,398 | €1,304,399 | -€279,999 | -17.7% |
| Equity | 10/15 | €418,696 | €207,812 | -€210,884 | -50.4% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €393,076 | €381,916 | -€11,160 | -2.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €1,916 | €1,916 | = | 0.0% |
| Distributable reserves | 133 | €391,160 | €380,000 | -€11,160 | -2.9% |
| Profit (loss) carried forward | 14 | -€5,380 | -€205,104 | -€199,724 | -3,712% |
| Amounts payable | 17/49 | €1,165,702 | €1,096,587 | -€69,115 | -5.9% |
| Amounts payable after more than one year | 17 | €265,455 | €281,111 | +€15,656 | +5.9% |
| Financial debts | 170/4 | €265,455 | €281,111 | +€15,656 | +5.9% |
| Amounts payable within one year | 42/48 | €862,784 | €779,355 | -€83,430 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €24,054 | €26,360 | +€2,306 | +9.6% |
| Financial debts | 43 | €614,800 | €581,800 | -€33,000 | -5.4% |
| Other loans | 439 | €614,800 | €581,800 | -€33,000 | -5.4% |
| Trade debts | 44 | €103,901 | €20,992 | -€82,910 | -79.8% |
| Suppliers | 440/4 | €103,901 | €20,992 | -€82,910 | -79.8% |
| Taxes, remuneration and social security | 45 | €26,545 | €21,403 | -€5,142 | -19.4% |
| Taxes | 450/3 | €21,801 | €21,403 | -€397 | -1.8% |
| Remuneration and social security | 454/9 | €4,745 | €0 | -€4,745 | -100% |
| Other amounts payable | 47/48 | €93,483 | €128,800 | +€35,316 | +37.8% |
| Accrued charges and deferred income | 492/3 | €37,463 | €36,122 | -€1,341 | -3.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,758 | €61,384 | +€5,626 | +10.1% |
| Other operating charges | 640/8 | €2,250 | €3,705 | +€1,455 | +64.7% |
| Non-recurring operating charges | 66A | - | €43,386 | +€43,386 | |
| Gross operating margin | 9900 | €947 | €82,629 | +€81,683 | +8,628% |
| Operating profit (loss) | 9901 | -€57,061 | -€25,846 | +€31,215 | +54.7% |
| Financial income | 75/76B | €62 | €3 | -€59 | -95.6% |
| Recurring financial income | 75 | €62 | €3 | -€59 | -95.6% |
| Financial charges | 65/66B | €40,070 | €185,221 | +€145,151 | +362% |
| Recurring financial charges | 65 | €40,070 | €38,811 | -€1,259 | -3.1% |
| Non-recurring financial charges | 66B | - | €146,410 | +€146,410 | |
| Profit (loss) for the period before taxes | 9903 | -€97,069 | -€211,064 | -€113,995 | -117% |
| Income taxes | 67/77 | €245 | -€180 | -€426 | |
| Profit (loss) for the period | 9904 | -€97,315 | -€210,884 | -€113,569 | -117% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,315 | -€210,884 | -€113,569 | -117% |
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 16 October 2026 via checked.be.