TIME STRETCH: 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 STRETCH
Largest movements
- Cash +€14,442
up €14,442 (+180.8%), from €7,990 to €22,432
mainly Net result for the year (+€7,727) and Trade debts (+€4,301)
- Tangible fixed assets +€495
up €495 (+48.7%), from €1,017 to €1,513
of which Plant, machinery and equipment: +€329
- Receivables within one year -€270
down €270 (-64.5%), from €419 to €149
- Profit (loss) carried forward +€5,327
up €5,327, from -€5,271 to €56
- Trade debts +€4,301
up €4,301 (+677.9%), from €634 to €4,935
- Tax, wage and social debts +€2,645
up €2,645 (+15747.0%), from €17 to €2,662
- Reserves +€2,400
up €2,400 (+30.2%), from €7,960 to €10,360
of which Distributable reserves: +€2,400
- Gross operating margin +€14,431
up €14,431, from -€5,306 to €9,125
- Taxes +€774
new in 2025: €774
- Depreciation -€544
down €544 (-52.4%), from €1,039 to €495
- Financial charges -€115
down €115 (-46.9%), from €244 to €130
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 | €9,540 | €24,214 | +€14,673 | +153.8% |
| Fixed assets | 21/28 | €1,017 | €1,513 | +€495 | +48.7% |
| Tangible fixed assets | 22/27 | €1,017 | €1,513 | +€495 | +48.7% |
| Plant, machinery and equipment | 23 | €57 | €386 | +€329 | +581.2% |
| Furniture and vehicles | 24 | €961 | €1,127 | +€166 | +17.3% |
| Current assets | 29/58 | €8,523 | €22,701 | +€14,178 | +166.3% |
| Amounts receivable within one year | 40/41 | €419 | €149 | -€270 | -64.5% |
| Other amounts receivable | 41 | €419 | €149 | -€270 | -64.5% |
| Cash at bank and in hand | 54/58 | €7,990 | €22,432 | +€14,442 | +180.8% |
| Deferred charges and accrued income | 490/1 | €114 | €120 | +€6 | +5.1% |
| Total equity and liabilities | 10/49 | €9,540 | €24,214 | +€14,673 | +153.8% |
| Equity | 10/15 | €8,889 | €16,616 | +€7,727 | +86.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,960 | €10,360 | +€2,400 | +30.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,100 | €8,500 | +€2,400 | +39.3% |
| Profit (loss) carried forward | 14 | -€5,271 | €56 | +€5,327 | |
| Amounts payable | 17/49 | €651 | €7,598 | +€6,946 | +1066.6% |
| Amounts payable within one year | 42/48 | €651 | €7,598 | +€6,946 | +1066.6% |
| Trade debts | 44 | €634 | €4,935 | +€4,301 | +677.9% |
| Suppliers | 440/4 | €634 | €4,935 | +€4,301 | +677.9% |
| Taxes, remuneration and social security | 45 | €17 | €2,662 | +€2,645 | +15747.0% |
| Taxes | 450/3 | €17 | €2,662 | +€2,645 | +15747.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,039 | €495 | -€544 | -52.4% |
| Gross operating margin | 9900 | -€5,306 | €9,125 | +€14,431 | |
| Operating profit (loss) | 9901 | -€6,344 | €8,631 | +€14,975 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €244 | €130 | -€115 | -46.9% |
| Recurring financial charges | 65 | €244 | €130 | -€115 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,585 | €8,501 | +€15,086 | |
| Income taxes | 67/77 | - | €774 | +€774 | |
| Profit (loss) for the period | 9904 | -€6,585 | €7,727 | +€14,312 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,585 | €7,727 | +€14,312 |
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 10 October 2026 via checked.be.