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.
TIME
Largest movements
- Receivables within one year -€57,765
down €57,765 (-100.0%), from €57,765 to €0
- Debts after one year -€84,279
down €84,279 (-16.2%), from €519,904 to €435,625
- Profit (loss) carried forward +€76,743
up €76,743 (+27.5%), from €279,284 to €356,027
- Other debts -€57,765
down €57,765 (-100.0%), from €57,765 to €0
- Financial income -€200,000
down €200,000 (-69.0%), from €290,000 to €90,000
- Other operating charges +€2,946
up €2,946 (+148.3%), from €1,986 to €4,932
- Financial charges -€1,039
down €1,039 (-23.4%), from €4,447 to €3,408
- Gross operating margin -€634
down €634 (-14.8%), from -€4,283 to -€4,917
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 | €1,565,981 | €1,501,733 | -€64,249 | -4.1% |
| Fixed assets | 21/28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €65,981 | €1,733 | -€64,249 | -97.4% |
| Amounts receivable within one year | 40/41 | €57,765 | €0 | -€57,765 | -100.0% |
| Other amounts receivable | 41 | €57,765 | €0 | -€57,765 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,217 | €1,733 | -€6,484 | -78.9% |
| Total equity and liabilities | 10/49 | €1,565,981 | €1,501,733 | -€64,249 | -4.1% |
| Equity | 10/15 | €905,086 | €981,829 | +€76,743 | +8.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €620,802 | €620,802 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €620,302 | €620,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,284 | €356,027 | +€76,743 | +27.5% |
| Amounts payable | 17/49 | €660,895 | €519,904 | -€140,992 | -21.3% |
| Amounts payable after more than one year | 17 | €519,904 | €435,625 | -€84,279 | -16.2% |
| Financial debts | 170/4 | €519,904 | €435,625 | -€84,279 | -16.2% |
| Amounts payable within one year | 42/48 | €140,992 | €84,279 | -€56,713 | -40.2% |
| Current portion of amounts payable after more than one year | 42 | €83,227 | €84,279 | +€1,052 | +1.3% |
| Other amounts payable | 47/48 | €57,765 | €0 | -€57,765 | -100.0% |
| Other operating charges | 640/8 | €1,986 | €4,932 | +€2,946 | +148.3% |
| Gross operating margin | 9900 | -€4,283 | -€4,917 | -€634 | -14.8% |
| Operating profit (loss) | 9901 | -€6,269 | -€9,849 | -€3,579 | -57.1% |
| Financial income | 75/76B | €290,000 | €90,000 | -€200,000 | -69.0% |
| Recurring financial income | 75 | €290,000 | €90,000 | -€200,000 | -69.0% |
| Financial charges | 65/66B | €4,447 | €3,408 | -€1,039 | -23.4% |
| Recurring financial charges | 65 | €4,447 | €3,408 | -€1,039 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €279,284 | €76,743 | -€202,541 | -72.5% |
| Profit (loss) for the period | 9904 | €279,284 | €76,743 | -€202,541 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €279,284 | €76,743 | -€202,541 | -72.5% |
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 1 October 2026 via checked.be.