TIME TECH: 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 TECH
Largest movements
- Cash +€60,287
up €60,287 (+50.9%), from €118,508 to €178,795
mainly Depreciation (+€85,173) and Net result for the year (+€60,169)
- Receivables within one year -€9,855
down €9,855 (-21.8%), from €45,119 to €35,264
of which Other amounts receivable: -€5,565
- Tangible fixed assets -€8,996
down €8,996 (-14.9%), from €60,437 to €51,441
of which Furniture and vehicles: -€7,462
- Reserves +€60,169
up €60,169 (+22.4%), from €268,249 to €328,418
- Other debts -€20,769
down €20,769 (-67.0%), from €30,999 to €10,230
- Tax, wage and social debts -€3,945
down €3,945 (-100%), from €3,945 to €0
- Gross operating margin -€13,652
down €13,652 (-7.3%), from €187,303 to €173,650
- Taxes -€3,898
down €3,898 (-11.8%), from €32,945 to €29,047
- Financial income +€1,956
up €1,956 (+10,103%), from €19 to €1,975
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 | €328,901 | €364,022 | +€35,121 | +10.7% |
| Fixed assets | 21/28 | €161,928 | €149,636 | -€12,292 | -7.6% |
| Intangible fixed assets | 21 | €100,991 | €97,695 | -€3,296 | -3.3% |
| Tangible fixed assets | 22/27 | €60,437 | €51,441 | -€8,996 | -14.9% |
| Furniture and vehicles | 24 | €51,808 | €44,346 | -€7,462 | -14.4% |
| Other tangible fixed assets | 26 | €8,628 | €7,095 | -€1,533 | -17.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €166,973 | €214,386 | +€47,413 | +28.4% |
| Amounts receivable within one year | 40/41 | €45,119 | €35,264 | -€9,855 | -21.8% |
| Trade receivables | 40 | €6,557 | €2,268 | -€4,289 | -65.4% |
| Other amounts receivable | 41 | €38,561 | €32,996 | -€5,565 | -14.4% |
| Cash at bank and in hand | 54/58 | €118,508 | €178,795 | +€60,287 | +50.9% |
| Deferred charges and accrued income | 490/1 | €3,347 | €327 | -€3,020 | -90.2% |
| Total equity and liabilities | 10/49 | €328,901 | €364,022 | +€35,121 | +10.7% |
| Equity | 10/15 | €286,646 | €346,816 | +€60,169 | +21.0% |
| Contributions | 10/11 | €18,397 | €18,397 | = | 0.0% |
| Reserves | 13 | €268,249 | €328,418 | +€60,169 | +22.4% |
| Distributable reserves | 133 | €268,249 | €328,418 | +€60,169 | +22.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,255 | €17,206 | -€25,049 | -59.3% |
| Amounts payable within one year | 42/48 | €42,255 | €17,206 | -€25,049 | -59.3% |
| Trade debts | 44 | €7,310 | €6,976 | -€334 | -4.6% |
| Suppliers | 440/4 | €7,310 | €6,976 | -€334 | -4.6% |
| Taxes, remuneration and social security | 45 | €3,945 | €0 | -€3,945 | -100% |
| Taxes | 450/3 | €3,945 | €0 | -€3,945 | -100% |
| Other amounts payable | 47/48 | €30,999 | €10,230 | -€20,769 | -67.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €2,896 | +€2,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,418 | €85,173 | +€755 | +0.9% |
| Other operating charges | 640/8 | €1,622 | €1,025 | -€597 | -36.8% |
| Gross operating margin | 9900 | €187,303 | €173,650 | -€13,652 | -7.3% |
| Operating profit (loss) | 9901 | €101,262 | €87,453 | -€13,810 | -13.6% |
| Financial income | 75/76B | €19 | €1,975 | +€1,956 | +10,103% |
| Recurring financial income | 75 | €19 | €1,975 | +€1,956 | +10,103% |
| Financial charges | 65/66B | €117 | €211 | +€94 | +80.0% |
| Recurring financial charges | 65 | €117 | €211 | +€94 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €101,165 | €89,217 | -€11,948 | -11.8% |
| Income taxes | 67/77 | €32,945 | €29,047 | -€3,898 | -11.8% |
| Profit (loss) for the period | 9904 | €68,219 | €60,169 | -€8,050 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €68,219 | €60,169 | -€8,050 | -11.8% |
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 22 October 2026 via checked.be.