TIME TAXI: 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 TAXI
Largest movements
- Cash -€20,426
down €20,426 (-91.6%), from €22,307 to €1,881
mainly Net result for the year (-€10,524) and Debts after one year (-€9,857)
- Receivables within one year -€6,303
down €6,303 (-55.9%), from €11,285 to €4,982
of which Trade receivables: -€7,871
- Deferred charges and accrued income +€1,598
new in 2025: €1,598
- Tangible fixed assets -€1,504
down €1,504 (-10.3%), from €14,601 to €13,097
- Profit (loss) carried forward -€10,524
down €10,524 (-41.5%), from -€25,345 to -€35,869
- Debts after one year -€9,857
down €9,857 (-34.7%), from €28,374 to €18,517
- Accrued charges and deferred income -€3,170
no longer reported in 2025 (was €3,170)
- Trade debts -€1,053
down €1,053 (-39.2%), from €2,683 to €1,630
- Tax, wage and social debts -€1,001
down €1,001 (-34.7%), from €2,888 to €1,887
- Gross operating margin -€12,994
down €12,994 (-92.5%), from €14,042 to €1,048
- Taxes +€1,661
up €1,661 (+9,771%), from €17 to €1,678
- Financial charges -€1,584
down €1,584 (-36.5%), from €4,339 to €2,755
- Other operating charges -€1,104
down €1,104 (-23.3%), from €4,739 to €3,635
- Depreciation +€777
up €777 (+28.5%), from €2,727 to €3,504
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 | €48,193 | €21,558 | -€26,635 | -55.3% |
| Fixed assets | 21/28 | €14,601 | €13,097 | -€1,504 | -10.3% |
| Tangible fixed assets | 22/27 | €14,601 | €13,097 | -€1,504 | -10.3% |
| Furniture and vehicles | 24 | €14,601 | €13,097 | -€1,504 | -10.3% |
| Current assets | 29/58 | €33,592 | €8,461 | -€25,131 | -74.8% |
| Amounts receivable within one year | 40/41 | €11,285 | €4,982 | -€6,303 | -55.9% |
| Trade receivables | 40 | €9,298 | €1,427 | -€7,871 | -84.7% |
| Other amounts receivable | 41 | €1,987 | €3,555 | +€1,568 | +78.9% |
| Cash at bank and in hand | 54/58 | €22,307 | €1,881 | -€20,426 | -91.6% |
| Deferred charges and accrued income | 490/1 | - | €1,598 | +€1,598 | |
| Total equity and liabilities | 10/49 | €48,193 | €21,558 | -€26,635 | -55.3% |
| Equity | 10/15 | -€4,885 | -€15,409 | -€10,524 | -215% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,345 | -€35,869 | -€10,524 | -41.5% |
| Amounts payable | 17/49 | €53,078 | €36,967 | -€16,111 | -30.4% |
| Amounts payable after more than one year | 17 | €28,374 | €18,517 | -€9,857 | -34.7% |
| Financial debts | 170/4 | €28,374 | €18,517 | -€9,857 | -34.7% |
| Amounts payable within one year | 42/48 | €21,534 | €18,450 | -€3,084 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €11,479 | €10,537 | -€942 | -8.2% |
| Trade debts | 44 | €2,683 | €1,630 | -€1,053 | -39.2% |
| Suppliers | 440/4 | €2,683 | €1,630 | -€1,053 | -39.2% |
| Taxes, remuneration and social security | 45 | €2,888 | €1,887 | -€1,001 | -34.7% |
| Taxes | 450/3 | €2,888 | €1,887 | -€1,001 | -34.7% |
| Other amounts payable | 47/48 | €4,484 | €4,396 | -€88 | -2.0% |
| Accrued charges and deferred income | 492/3 | €3,170 | - | -€3,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,727 | €3,504 | +€777 | +28.5% |
| Other operating charges | 640/8 | €4,739 | €3,635 | -€1,104 | -23.3% |
| Non-recurring operating charges | 66A | €25,718 | - | -€25,718 | |
| Gross operating margin | 9900 | €14,042 | €1,048 | -€12,994 | -92.5% |
| Operating profit (loss) | 9901 | -€19,142 | -€6,091 | +€13,051 | +68.2% |
| Financial charges | 65/66B | €4,339 | €2,755 | -€1,584 | -36.5% |
| Recurring financial charges | 65 | €4,339 | €2,755 | -€1,584 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,481 | -€8,846 | +€14,635 | +62.3% |
| Income taxes | 67/77 | €17 | €1,678 | +€1,661 | +9,771% |
| Profit (loss) for the period | 9904 | -€23,498 | -€10,524 | +€12,974 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,498 | -€10,524 | +€12,974 | +55.2% |
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 18 October 2026 via checked.be.