Time 2 Change: what changed
What changed
Time 2 Change
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
-€102,128
2024 · -€198,917+€96,789
Equity
-€1.0m
2024 · -€909,766-€102,128
Cash
€411
2024 · €20,929-€20,517
Balance sheet total
€193,247
2024 · €268,002-€74,756
Largest movements
Assets
- Receivables within one year -€51,708
down €51,708 (-26.2%), from €197,111 to €145,404
of which Other amounts receivable: -€60,121
- Cash -€20,517
down €20,517 (-98.0%), from €20,929 to €411
mainly Net result for the year (-€102,128) and Trade debts (-€7,675)
Equity and liabilities
- Profit (loss) carried forward -€102,128
down €102,128 (-11.0%), from -€930,217 to -€1.0m
- Other debts +€33,525
up €33,525 (+24.4%), from €137,382 to €170,908
- Trade debts -€7,675
down €7,675 (-24.4%), from €31,400 to €23,725
Income statement
- Gross operating margin +€95,614
up €95,614 (+64.4%), from -€148,367 to -€52,753
- Staff costs -€2,375
down €2,375 (-5.1%), from €46,551 to €44,177
- Other operating charges +€1,627
up €1,627 (+234%), from €694 to €2,321
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€198,917
Gross operating margin
+€95,614
Staff costs
+€2,375
Depreciation
+€567
Other operating charges
-€1,627
Financial income
+€62
Financial charges
-€341
Taxes
+€140
Result 2025
-€102,128
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€20,517
Investment
€0
Financing
€0
Cash 2024
€20,929
From operations (derived)
-€20,517
Net result for the year
-€102,128
Depreciation
+€2,531
Receivables within one year
+€51,708
Trade debts
-€7,675
Tax, wage and social debts
+€2,011
Other debts
+€33,525
Accrued charges and deferred income
-€490
Cash 2025
€411
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,002 | €193,247 | -€74,756 | -27.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €49,962 | €47,432 | -€2,531 | -5.1% |
| Intangible fixed assets | 21 | €3,200 | €3,200 | = | 0.0% |
| Tangible fixed assets | 22/27 | €31,527 | €28,996 | -€2,531 | -8.0% |
| Land and buildings | 22 | €23,797 | €23,797 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €7,730 | €5,199 | -€2,531 | -32.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €15,235 | €15,235 | = | 0.0% |
| Current assets | 29/58 | €218,040 | €145,815 | -€72,225 | -33.1% |
| Amounts receivable within one year | 40/41 | €197,111 | €145,404 | -€51,708 | -26.2% |
| Trade receivables | 40 | €57,785 | €66,198 | +€8,413 | +14.6% |
| Other amounts receivable | 41 | €139,326 | €79,205 | -€60,121 | -43.2% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,929 | €411 | -€20,517 | -98.0% |
| Total equity and liabilities | 10/49 | €268,002 | €193,247 | -€74,756 | -27.9% |
| Equity | 10/15 | -€909,766 | -€1,011,894 | -€102,128 | -11.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€930,217 | -€1,032,345 | -€102,128 | -11.0% |
| Amounts payable | 17/49 | €1,177,768 | €1,205,140 | +€27,372 | +2.3% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €176,784 | €204,645 | +€27,862 | +15.8% |
| Trade debts | 44 | €31,400 | €23,725 | -€7,675 | -24.4% |
| Suppliers | 440/4 | €31,400 | €23,725 | -€7,675 | -24.4% |
| Taxes, remuneration and social security | 45 | €8,001 | €10,012 | +€2,011 | +25.1% |
| Taxes | 450/3 | €1,737 | €1,476 | -€261 | -15.0% |
| Remuneration and social security | 454/9 | €6,264 | €8,536 | +€2,272 | +36.3% |
| Other amounts payable | 47/48 | €137,382 | €170,908 | +€33,525 | +24.4% |
| Accrued charges and deferred income | 492/3 | €985 | €495 | -€490 | -49.7% |
| Non-recurring operating income | 76A | €113 | - | -€113 | |
| Remuneration, social security and pensions | 62 | €46,551 | €44,177 | -€2,375 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,098 | €2,531 | -€567 | -18.3% |
| Other operating charges | 640/8 | €694 | €2,321 | +€1,627 | +234% |
| Gross operating margin | 9900 | -€148,367 | -€52,753 | +€95,614 | +64.4% |
| Operating profit (loss) | 9901 | -€198,710 | -€101,781 | +€96,929 | +48.8% |
| Financial income | 75/76B | €5 | €67 | +€62 | +1,216% |
| Recurring financial income | 75 | €5 | €67 | +€62 | +1,216% |
| Financial charges | 65/66B | €72 | €414 | +€341 | +473% |
| Recurring financial charges | 65 | €72 | €414 | +€341 | +473% |
| Profit (loss) for the period before taxes | 9903 | -€198,777 | -€102,128 | +€96,649 | +48.6% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€198,917 | -€102,128 | +€96,789 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€198,917 | -€102,128 | +€96,789 | +48.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.