TIME CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Receivables within one year -€22,538
down €22,538 (-86.8%), from €25,979 to €3,442
of which Trade receivables: -€16,235
- Cash -€2,294
down €2,294 (-64.3%), from €3,569 to €1,275
mainly Other debts (-€12,954) and Advances received (-€7,068)
- Other debts -€12,954
no longer reported in 2024 (was €12,954)
- Advances received -€7,068
no longer reported in 2024 (was €7,068)
- Tax, wage and social debts -€2,412
no longer reported in 2024 (was €2,412)
- Profit (loss) carried forward -€2,397
down €2,397 (-41.0%), from €5,849 to €3,451
- Gross operating margin -€5,647
down €5,647, from €3,483 to -€2,164
- Taxes -€64
no longer reported in 2024 (was €64)
- Other operating charges -€58
no longer reported in 2024 (was €58)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,548 | €4,716 | -€24,832 | -84.0% |
| Current assets | 29/58 | €29,548 | €4,716 | -€24,832 | -84.0% |
| Amounts receivable within one year | 40/41 | €25,979 | €3,442 | -€22,538 | -86.8% |
| Trade receivables | 40 | €19,520 | €3,285 | -€16,235 | -83.2% |
| Other amounts receivable | 41 | €6,459 | €156 | -€6,302 | -97.6% |
| Cash at bank and in hand | 54/58 | €3,569 | €1,275 | -€2,294 | -64.3% |
| Total equity and liabilities | 10/49 | €29,548 | €4,716 | -€24,832 | -84.0% |
| Equity | 10/15 | €7,114 | €4,716 | -€2,397 | -33.7% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Reserves | 13 | €115 | €115 | = | 0.0% |
| Non-distributable reserves | 130/1 | €115 | €115 | = | 0.0% |
| Reserves not available under the articles | 1311 | €115 | €115 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,849 | €3,451 | -€2,397 | -41.0% |
| Amounts payable | 17/49 | €22,434 | - | -€22,434 | |
| Amounts payable within one year | 42/48 | €22,434 | - | -€22,434 | |
| Advances received on contracts in progress | 46 | €7,068 | - | -€7,068 | |
| Taxes, remuneration and social security | 45 | €2,412 | - | -€2,412 | |
| Remuneration and social security | 454/9 | €2,412 | - | -€2,412 | |
| Other amounts payable | 47/48 | €12,954 | - | -€12,954 | |
| Other operating charges | 640/8 | €58 | - | -€58 | |
| Gross operating margin | 9900 | €3,483 | -€2,164 | -€5,647 | |
| Operating profit (loss) | 9901 | €3,425 | -€2,164 | -€5,589 | |
| Financial charges | 65/66B | €243 | €233 | -€9 | -3.9% |
| Recurring financial charges | 65 | €243 | €233 | -€9 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,182 | -€2,397 | -€5,579 | |
| Income taxes | 67/77 | €64 | - | -€64 | |
| Profit (loss) for the period | 9904 | €3,118 | -€2,397 | -€5,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,118 | -€2,397 | -€5,516 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.