TIME-MANAGE: 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-MANAGE
Largest movements
- Deferred charges and accrued income +€108,000
new in 2025: €108,000
- Receivables within one year -€41,499
down €41,499 (-80.3%), from €51,664 to €10,164
of which Trade receivables: -€41,328
- Other debts +€53,059
up €53,059 (+2,281%), from €2,326 to €55,385
- Trade debts +€7,212
up €7,212 (+645%), from €1,118 to €8,329
- Tax, wage and social debts +€3,992
up €3,992 (+78.3%), from €5,097 to €9,089
of which Remuneration and social security: +€2,795
- Reserves +€1,514
up €1,514 (+6.3%), from €23,924 to €25,439
- Gross operating margin -€3,948
down €3,948 (-6.9%), from €57,464 to €53,516
- Staff costs +€3,463
up €3,463 (+7.3%), from €47,304 to €50,767
- Financial charges -€1,206
down €1,206 (-95.5%), from €1,263 to €57
- Other operating charges +€948
up €948 (+413%), from €229 to €1,178
- Depreciation -€638
no longer reported in 2025 (was €638)
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 | €52,465 | €118,242 | +€65,777 | +125% |
| Current assets | 29/58 | €52,465 | €118,242 | +€65,777 | +125% |
| Amounts receivable within one year | 40/41 | €51,664 | €10,164 | -€41,499 | -80.3% |
| Trade receivables | 40 | €51,258 | €9,930 | -€41,328 | -80.6% |
| Other amounts receivable | 41 | €406 | €234 | -€172 | -42.3% |
| Cash at bank and in hand | 54/58 | €801 | €77 | -€724 | -90.4% |
| Deferred charges and accrued income | 490/1 | - | €108,000 | +€108,000 | |
| Total equity and liabilities | 10/49 | €52,465 | €118,242 | +€65,777 | +125% |
| Equity | 10/15 | €43,924 | €45,439 | +€1,514 | +3.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €23,924 | €25,439 | +€1,514 | +6.3% |
| Distributable reserves | 133 | €23,924 | €25,439 | +€1,514 | +6.3% |
| Amounts payable | 17/49 | €8,540 | €72,803 | +€64,263 | +752% |
| Amounts payable within one year | 42/48 | €8,540 | €72,803 | +€64,263 | +752% |
| Trade debts | 44 | €1,118 | €8,329 | +€7,212 | +645% |
| Suppliers | 440/4 | €1,118 | €8,329 | +€7,212 | +645% |
| Taxes, remuneration and social security | 45 | €5,097 | €9,089 | +€3,992 | +78.3% |
| Taxes | 450/3 | - | €1,197 | +€1,197 | |
| Remuneration and social security | 454/9 | €5,097 | €7,892 | +€2,795 | +54.8% |
| Other amounts payable | 47/48 | €2,326 | €55,385 | +€53,059 | +2,281% |
| Remuneration, social security and pensions | 62 | €47,304 | €50,767 | +€3,463 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €638 | - | -€638 | |
| Other operating charges | 640/8 | €229 | €1,178 | +€948 | +413% |
| Gross operating margin | 9900 | €57,464 | €53,516 | -€3,948 | -6.9% |
| Operating profit (loss) | 9901 | €9,294 | €1,572 | -€7,722 | -83.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,263 | €57 | -€1,206 | -95.5% |
| Recurring financial charges | 65 | €1,263 | €57 | -€1,206 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | €8,030 | €1,514 | -€6,516 | -81.1% |
| Profit (loss) for the period | 9904 | €8,030 | €1,514 | -€6,516 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,030 | €1,514 | -€6,516 | -81.1% |
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 27 October 2026 via checked.be.