TIME COUNTS: 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 COUNTS
Largest movements
- Cash +€5,447
up €5,447 (+201.9%), from €2,698 to €8,145
mainly Net result for the year (+€5,318) and Trade debts (+€3,181)
- Receivables within one year +€986
up €986 (+25.0%), from €3,949 to €4,935
of which Trade receivables: +€3,457
- Stocks and contracts +€939
up €939 (+5.8%), from €16,066 to €17,005
- Profit (loss) carried forward +€5,318
up €5,318 (+288.8%), from €1,841 to €7,159
- Trade debts +€3,181
up €3,181 (+94.6%), from €3,364 to €6,545
- Tax, wage and social debts -€1,191
down €1,191 (-45.8%), from €2,599 to €1,408
- Gross operating margin +€9,128
up €9,128, from -€3,077 to €6,050
- Financial charges +€1,274
up €1,274 (+521.9%), from €244 to €1,518
- Financial income +€1,169
up €1,169 (+1239.6%), from €94 to €1,263
- Other operating charges -€346
down €346 (-47.7%), from €724 to €378
- Taxes +€99
up €99, from €0 to €99
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 | €22,805 | €30,113 | +€7,309 | +32.0% |
| Current assets | 29/58 | €22,805 | €30,113 | +€7,309 | +32.0% |
| Stocks and contracts in progress | 3 | €16,066 | €17,005 | +€939 | +5.8% |
| Stocks | 30/36 | €16,066 | €17,005 | +€939 | +5.8% |
| Amounts receivable within one year | 40/41 | €3,949 | €4,935 | +€986 | +25.0% |
| Trade receivables | 40 | €1,185 | €4,642 | +€3,457 | +291.7% |
| Other amounts receivable | 41 | €2,764 | €293 | -€2,471 | -89.4% |
| Cash at bank and in hand | 54/58 | €2,698 | €8,145 | +€5,447 | +201.9% |
| Deferred charges and accrued income | 490/1 | €92 | €29 | -€64 | -68.8% |
| Total equity and liabilities | 10/49 | €22,805 | €30,113 | +€7,309 | +32.0% |
| Equity | 10/15 | €16,841 | €22,159 | +€5,318 | +31.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,841 | €7,159 | +€5,318 | +288.8% |
| Amounts payable | 17/49 | €5,963 | €7,954 | +€1,990 | +33.4% |
| Amounts payable within one year | 42/48 | €5,963 | €7,954 | +€1,990 | +33.4% |
| Trade debts | 44 | €3,364 | €6,545 | +€3,181 | +94.6% |
| Suppliers | 440/4 | €3,364 | €6,545 | +€3,181 | +94.6% |
| Taxes, remuneration and social security | 45 | €2,599 | €1,408 | -€1,191 | -45.8% |
| Taxes | 450/3 | €2,599 | €1,408 | -€1,191 | -45.8% |
| Other operating charges | 640/8 | €724 | €378 | -€346 | -47.7% |
| Gross operating margin | 9900 | -€3,077 | €6,050 | +€9,128 | |
| Operating profit (loss) | 9901 | -€3,801 | €5,672 | +€9,473 | |
| Financial income | 75/76B | €94 | €1,263 | +€1,169 | +1239.6% |
| Recurring financial income | 75 | €94 | €1,263 | +€1,169 | +1239.6% |
| Financial charges | 65/66B | €244 | €1,518 | +€1,274 | +521.9% |
| Recurring financial charges | 65 | €244 | €1,518 | +€1,274 | +521.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,951 | €5,417 | +€9,368 | |
| Income taxes | 67/77 | €0 | €99 | +€99 | |
| Profit (loss) for the period | 9904 | -€3,951 | €5,318 | +€9,269 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,951 | €5,318 | +€9,269 |
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 9 October 2026 via checked.be.