Tijdvogel: 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.
Tijdvogel
Largest movements
- Deferred charges and accrued income +€10,028
up €10,028 (+1,091%), from €919 to €10,948
- Receivables within one year -€6,754
down €6,754 (-34.9%), from €19,366 to €12,612
of which Trade receivables: -€7,821
- Tangible fixed assets -€4,013
down €4,013 (-23.9%), from €16,764 to €12,751
of which Other tangible fixed assets: -€3,679
- Cash +€616
up €616 (+6.1%), from €10,078 to €10,694
mainly Receivables within one year (+€6,754) and Depreciation (+€4,013)
- Profit (loss) carried forward +€2,338
up €2,338 (+8.2%), from €28,661 to €31,000
- Tax, wage and social debts -€2,017
down €2,017 (-54.9%), from €3,673 to €1,656
- Trade debts -€711
down €711 (-22.5%), from €3,157 to €2,446
- Other operating charges -€948
down €948 (-63.3%), from €1,497 to €550
- Gross operating margin +€751
up €751 (+8.6%), from €8,691 to €9,442
- Taxes +€613
up €613 (+33.7%), from €1,820 to €2,432
- Depreciation -€546
down €546 (-12.0%), from €4,559 to €4,013
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 | €47,277 | €47,155 | -€122 | -0.3% |
| Fixed assets | 21/28 | €16,914 | €12,901 | -€4,013 | -23.7% |
| Tangible fixed assets | 22/27 | €16,764 | €12,751 | -€4,013 | -23.9% |
| Plant, machinery and equipment | 23 | €334 | €0 | -€334 | -100% |
| Furniture and vehicles | 24 | €4,600 | €4,600 | = | 0.0% |
| Other tangible fixed assets | 26 | €11,829 | €8,151 | -€3,679 | -31.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €30,363 | €34,254 | +€3,891 | +12.8% |
| Amounts receivable within one year | 40/41 | €19,366 | €12,612 | -€6,754 | -34.9% |
| Trade receivables | 40 | €17,191 | €9,370 | -€7,821 | -45.5% |
| Other amounts receivable | 41 | €2,175 | €3,243 | +€1,068 | +49.1% |
| Cash at bank and in hand | 54/58 | €10,078 | €10,694 | +€616 | +6.1% |
| Deferred charges and accrued income | 490/1 | €919 | €10,948 | +€10,028 | +1,091% |
| Total equity and liabilities | 10/49 | €47,277 | €47,155 | -€122 | -0.3% |
| Equity | 10/15 | €34,661 | €37,000 | +€2,338 | +6.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,661 | €31,000 | +€2,338 | +8.2% |
| Amounts payable | 17/49 | €12,616 | €10,155 | -€2,461 | -19.5% |
| Amounts payable within one year | 42/48 | €12,616 | €10,155 | -€2,461 | -19.5% |
| Trade debts | 44 | €3,157 | €2,446 | -€711 | -22.5% |
| Suppliers | 440/4 | €3,157 | €2,446 | -€711 | -22.5% |
| Taxes, remuneration and social security | 45 | €3,673 | €1,656 | -€2,017 | -54.9% |
| Taxes | 450/3 | €3,673 | €1,656 | -€2,017 | -54.9% |
| Other amounts payable | 47/48 | €5,786 | €6,053 | +€267 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,559 | €4,013 | -€546 | -12.0% |
| Other operating charges | 640/8 | €1,497 | €550 | -€948 | -63.3% |
| Gross operating margin | 9900 | €8,691 | €9,442 | +€751 | +8.6% |
| Operating profit (loss) | 9901 | €2,634 | €4,879 | +€2,245 | +85.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €127 | €108 | -€19 | -15.0% |
| Recurring financial charges | 65 | €127 | €108 | -€19 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €2,507 | €4,771 | +€2,264 | +90.3% |
| Income taxes | 67/77 | €1,820 | €2,432 | +€613 | +33.7% |
| Profit (loss) for the period | 9904 | €688 | €2,338 | +€1,651 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €688 | €2,338 | +€1,651 | +240% |
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 21 October 2026 via checked.be.