Time 4 Quality Grass: 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.
Time 4 Quality Grass
Largest movements
- Cash -€13,825
down €13,825 (-31.4%), from €43,979 to €30,153
mainly Investment in fixed assets (net) (-€12,980) and Net result for the year (-€9,700)
- Receivables within one year +€1,348
up €1,348 (+26.8%), from €5,031 to €6,379
of which Trade receivables: +€1,348
- Stocks and contracts +€1,150
up €1,150 (+121%), from €950 to €2,100
- Profit (loss) carried forward -€9,700
down €9,700 (-47.7%), from €20,321 to €10,621
- Short-term financial debts -€7,239
down €7,239 (-24.9%), from €29,122 to €21,883
- Tax, wage and social debts +€3,632
up €3,632 (+175%), from €2,077 to €5,709
of which Remuneration and social security: +€2,547
- Staff costs +€3,929
up €3,929 (+63.3%), from €6,208 to €10,136
- Gross operating margin +€2,284
up €2,284 (+17.0%), from €13,446 to €15,730
- Other operating charges -€653
down €653 (-72.4%), from €901 to €249
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 | €87,543 | €75,417 | -€12,126 | -13.9% |
| Fixed assets | 21/28 | €35,495 | €34,651 | -€844 | -2.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €35,495 | €34,651 | -€844 | -2.4% |
| Plant, machinery and equipment | 23 | €3,381 | €1,420 | -€1,960 | -58.0% |
| Furniture and vehicles | 24 | €32,114 | €24,776 | -€7,338 | -22.9% |
| Other tangible fixed assets | 26 | - | €8,455 | +€8,455 | |
| Current assets | 29/58 | €52,048 | €40,765 | -€11,283 | -21.7% |
| Stocks and contracts in progress | 3 | €950 | €2,100 | +€1,150 | +121% |
| Stocks | 30/36 | €950 | €2,100 | +€1,150 | +121% |
| Amounts receivable within one year | 40/41 | €5,031 | €6,379 | +€1,348 | +26.8% |
| Trade receivables | 40 | €2,531 | €3,879 | +€1,348 | +53.2% |
| Other amounts receivable | 41 | €2,500 | €2,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,979 | €30,153 | -€13,825 | -31.4% |
| Deferred charges and accrued income | 490/1 | €2,089 | €2,133 | +€45 | +2.1% |
| Total equity and liabilities | 10/49 | €87,543 | €75,417 | -€12,126 | -13.9% |
| Equity | 10/15 | €22,321 | €12,621 | -€9,700 | -43.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,321 | €10,621 | -€9,700 | -47.7% |
| Amounts payable | 17/49 | €65,223 | €62,796 | -€2,427 | -3.7% |
| Amounts payable within one year | 42/48 | €65,223 | €62,796 | -€2,427 | -3.7% |
| Financial debts | 43 | €29,122 | €21,883 | -€7,239 | -24.9% |
| Credit institutions | 430/8 | €29,122 | €21,883 | -€7,239 | -24.9% |
| Trade debts | 44 | €4,302 | €4,763 | +€461 | +10.7% |
| Suppliers | 440/4 | €4,302 | €4,763 | +€461 | +10.7% |
| Taxes, remuneration and social security | 45 | €2,077 | €5,709 | +€3,632 | +175% |
| Taxes | 450/3 | €2,077 | €3,161 | +€1,085 | +52.2% |
| Remuneration and social security | 454/9 | - | €2,547 | +€2,547 | |
| Other amounts payable | 47/48 | €29,722 | €30,441 | +€720 | +2.4% |
| Remuneration, social security and pensions | 62 | €6,208 | €10,136 | +€3,929 | +63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,843 | €13,824 | -€19 | -0.1% |
| Other operating charges | 640/8 | €901 | €249 | -€653 | -72.4% |
| Gross operating margin | 9900 | €13,446 | €15,730 | +€2,284 | +17.0% |
| Operating profit (loss) | 9901 | -€7,506 | -€8,479 | -€973 | -13.0% |
| Financial income | 75/76B | €0 | €4 | +€4 | +3,246% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +3,246% |
| Financial charges | 65/66B | €1,166 | €1,225 | +€59 | +5.1% |
| Recurring financial charges | 65 | €1,166 | €1,225 | +€59 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,672 | -€9,700 | -€1,027 | -11.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€8,672 | -€9,700 | -€1,027 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,672 | -€9,700 | -€1,027 | -11.8% |
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 25 October 2026 via checked.be.