TIME IS MONEY: what changed
What changed
TIME IS MONEY
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€3,940
2024 · €4,874-€934
Equity
€8,210
2024 · €4,269+€3,941
Cash
€4,629
2024 · €4,358+€271
Balance sheet total
€146,220
2024 · €130,430+€15,790
Largest movements
Assets
- Receivables within one year +€21,890
up €21,890 (+24.9%), from €87,940 to €109,830
of which Other amounts receivable: +€14,312
- Tangible fixed assets -€7,674
down €7,674 (-21.1%), from €36,313 to €28,639
of which Land and buildings: -€7,672
Equity and liabilities
- Advances received +€13,005
up €13,005 (+110%), from €11,849 to €24,854
- Debts after one year -€10,389
down €10,389 (-15.6%), from €66,403 to €56,014
- Short-term financial debts +€9,878
up €9,878 (+48.6%), from €20,343 to €30,221
- Tax, wage and social debts -€6,899
down €6,899 (-59.2%), from €11,656 to €4,757
- Trade debts +€5,250
up €5,250 (+75.2%), from €6,983 to €12,233
Income statement
- Gross operating margin -€5,114
down €5,114 (-17.5%), from €29,255 to €24,141
- Write-downs -€2,242
no longer reported in 2025 (was €2,242)
- Taxes -€1,537
down €1,537 (-36.4%), from €4,218 to €2,681
- Financial income +€575
up €575 (+20.9%), from €2,748 to €3,323
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
€4,874
Gross operating margin
-€5,114
Depreciation
-€140
Write-downs
+€2,242
Other operating charges
-€117
Financial income
+€575
Financial charges
+€83
Taxes
+€1,537
Result 2025
€3,940
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
+€2,963
Investment
-€3,186
Financing
+€494
Cash 2024
€4,358
From operations (derived)
+€2,963
Net result for the year
+€3,940
Depreciation
+€10,860
Receivables within one year
-€21,890
Deferred charges and accrued income
-€1,303
Trade debts
+€5,250
Tax, wage and social debts
-€6,899
Advances received
+€13,005
Investment (derived)
-€3,186
Investment in fixed assets (net)
-€3,186
Financing
+€494
Debts after one year
-€10,389
Current portion of long-term debt
+€1,004
Short-term financial debts
+€9,878
Contributions, distributions and other
+€1
Cash 2025
€4,629
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,430 | €146,220 | +€15,790 | +12.1% |
| Fixed assets | 21/28 | €36,382 | €28,708 | -€7,674 | -21.1% |
| Tangible fixed assets | 22/27 | €36,313 | €28,639 | -€7,674 | -21.1% |
| Land and buildings | 22 | €26,997 | €19,325 | -€7,672 | -28.4% |
| Plant, machinery and equipment | 23 | €3,384 | €2,710 | -€674 | -19.9% |
| Furniture and vehicles | 24 | €5,474 | €6,406 | +€932 | +17.0% |
| Other tangible fixed assets | 26 | €458 | €198 | -€260 | -56.8% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €94,048 | €117,512 | +€23,464 | +24.9% |
| Stocks and contracts in progress | 3 | €1,238 | €1,238 | = | 0.0% |
| Stocks | 30/36 | €1,238 | €1,238 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €87,940 | €109,830 | +€21,890 | +24.9% |
| Trade receivables | 40 | €31,011 | €38,589 | +€7,578 | +24.4% |
| Other amounts receivable | 41 | €56,929 | €71,241 | +€14,312 | +25.1% |
| Cash at bank and in hand | 54/58 | €4,358 | €4,629 | +€271 | +6.2% |
| Deferred charges and accrued income | 490/1 | €512 | €1,815 | +€1,303 | +254% |
| Total equity and liabilities | 10/49 | €130,430 | €146,220 | +€15,790 | +12.1% |
| Equity | 10/15 | €4,269 | €8,210 | +€3,941 | +92.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,392 | €12,392 | = | 0.0% |
| Reserves | 13 | €860 | €860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €729 | €729 | = | 0.0% |
| Legal reserve | 130 | €729 | €729 | = | 0.0% |
| Tax-exempt reserves | 132 | €131 | €131 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,791 | €1,150 | +€3,941 | |
| Amounts payable | 17/49 | €126,161 | €138,010 | +€11,849 | +9.4% |
| Amounts payable after more than one year | 17 | €66,403 | €56,014 | -€10,389 | -15.6% |
| Financial debts | 170/4 | €66,403 | €56,014 | -€10,389 | -15.6% |
| Amounts payable within one year | 42/48 | €59,758 | €81,996 | +€22,238 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €8,927 | €9,931 | +€1,004 | +11.2% |
| Financial debts | 43 | €20,343 | €30,221 | +€9,878 | +48.6% |
| Credit institutions | 430/8 | €20,343 | €30,221 | +€9,878 | +48.6% |
| Trade debts | 44 | €6,983 | €12,233 | +€5,250 | +75.2% |
| Suppliers | 440/4 | €6,983 | €12,233 | +€5,250 | +75.2% |
| Advances received on contracts in progress | 46 | €11,849 | €24,854 | +€13,005 | +110% |
| Taxes, remuneration and social security | 45 | €11,656 | €4,757 | -€6,899 | -59.2% |
| Taxes | 450/3 | €11,656 | €4,757 | -€6,899 | -59.2% |
| Non-recurring operating income | 76A | €42 | - | -€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,720 | €10,860 | +€140 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,242 | - | -€2,242 | |
| Other operating charges | 640/8 | €1,150 | €1,267 | +€117 | +10.2% |
| Gross operating margin | 9900 | €29,255 | €24,141 | -€5,114 | -17.5% |
| Operating profit (loss) | 9901 | €15,143 | €12,014 | -€3,129 | -20.7% |
| Financial income | 75/76B | €2,748 | €3,323 | +€575 | +20.9% |
| Recurring financial income | 75 | €2,748 | €3,323 | +€575 | +20.9% |
| Financial charges | 65/66B | €8,799 | €8,716 | -€83 | -0.9% |
| Recurring financial charges | 65 | €8,799 | €8,716 | -€83 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €9,092 | €6,621 | -€2,471 | -27.2% |
| Income taxes | 67/77 | €4,218 | €2,681 | -€1,537 | -36.4% |
| Profit (loss) for the period | 9904 | €4,874 | €3,940 | -€934 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,874 | €3,940 | -€934 | -19.2% |
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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.