TIME CONSULT: 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 CONSULT
Largest movements
- Tangible fixed assets +€105,971
up €105,971 (+303%), from €35,023 to €140,994
of which Furniture and vehicles: +€59,372
- Cash -€72,168
down €72,168 (-69.5%), from €103,843 to €31,675
mainly Investment in fixed assets (net) (-€113,218) and Receivables within one year (-€16,194)
- Receivables within one year +€16,194
up €16,194 (+81.0%), from €20,000 to €36,194
of which Other amounts receivable: +€13,679
- Reserves +€46,092
up €46,092 (+37.4%), from €123,377 to €169,470
- Trade debts +€16,937
up €16,937 (+398%), from €4,260 to €21,196
- Tax, wage and social debts -€10,762
down €10,762 (-44.7%), from €24,071 to €13,309
- Other operating charges +€6,885
up €6,885 (+348%), from €1,976 to €8,861
- Depreciation -€3,084
down €3,084 (-29.9%), from €10,332 to €7,247
- Gross operating margin -€896
down €896 (-1.2%), from €77,423 to €76,527
- Taxes -€796
down €796 (-5.6%), from €14,105 to €13,309
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 | €159,294 | €210,022 | +€50,728 | +31.8% |
| Fixed assets | 21/28 | €35,023 | €140,994 | +€105,971 | +303% |
| Tangible fixed assets | 22/27 | €35,023 | €140,994 | +€105,971 | +303% |
| Land and buildings | 22 | €2,422 | €49,021 | +€46,599 | +1,924% |
| Furniture and vehicles | 24 | €32,601 | €91,974 | +€59,372 | +182% |
| Current assets | 29/58 | €124,270 | €69,027 | -€55,243 | -44.5% |
| Amounts receivable within one year | 40/41 | €20,000 | €36,194 | +€16,194 | +81.0% |
| Trade receivables | 40 | - | €2,515 | +€2,515 | |
| Other amounts receivable | 41 | €20,000 | €33,679 | +€13,679 | +68.4% |
| Cash at bank and in hand | 54/58 | €103,843 | €31,675 | -€72,168 | -69.5% |
| Deferred charges and accrued income | 490/1 | €427 | €1,159 | +€732 | +171% |
| Total equity and liabilities | 10/49 | €159,294 | €210,022 | +€50,728 | +31.8% |
| Equity | 10/15 | €125,877 | €171,970 | +€46,092 | +36.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €123,377 | €169,470 | +€46,092 | +37.4% |
| Distributable reserves | 133 | €123,377 | €169,470 | +€46,092 | +37.4% |
| Amounts payable | 17/49 | €33,416 | €38,052 | +€4,636 | +13.9% |
| Amounts payable within one year | 42/48 | €33,416 | €37,571 | +€4,155 | +12.4% |
| Trade debts | 44 | €4,260 | €21,196 | +€16,937 | +398% |
| Suppliers | 440/4 | €4,260 | €21,196 | +€16,937 | +398% |
| Taxes, remuneration and social security | 45 | €24,071 | €13,309 | -€10,762 | -44.7% |
| Taxes | 450/3 | €24,071 | €13,309 | -€10,762 | -44.7% |
| Other amounts payable | 47/48 | €5,086 | €3,066 | -€2,020 | -39.7% |
| Accrued charges and deferred income | 492/3 | - | €481 | +€481 | |
| Non-recurring operating income | 76A | - | €640 | +€640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,332 | €7,247 | -€3,084 | -29.9% |
| Other operating charges | 640/8 | €1,976 | €8,861 | +€6,885 | +348% |
| Gross operating margin | 9900 | €77,423 | €76,527 | -€896 | -1.2% |
| Operating profit (loss) | 9901 | €65,115 | €60,418 | -€4,697 | -7.2% |
| Financial charges | 65/66B | - | €184 | +€184 | |
| Recurring financial charges | 65 | - | €184 | +€184 | |
| Profit (loss) for the period before taxes | 9903 | €65,115 | €60,234 | -€4,881 | -7.5% |
| Income taxes | 67/77 | €14,105 | €13,309 | -€796 | -5.6% |
| Profit (loss) for the period | 9904 | €51,009 | €46,925 | -€4,084 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,009 | €46,925 | -€4,084 | -8.0% |
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 14 October 2026 via checked.be.