TIME TO LUNCH: what changed
TIME TO LUNCH
Largest movements
- Receivables within one year -€62,031
down €62,031 (-73.4%), from €84,546 to €22,515
of which Trade receivables: -€62,031
- Cash +€53,342
up €53,342 (+149%), from €35,914 to €89,256
mainly Receivables within one year (+€62,031) and Net result for the year (+€14,026)
- Trade debts -€23,261
down €23,261 (-45.4%), from €51,276 to €28,016
- Profit (loss) carried forward +€14,026
up €14,026 (+99.1%), from -€14,151 to -€125
- Other debts +€10,964
up €10,964 (+26.4%), from €41,475 to €52,439
- Tax, wage and social debts -€10,592
down €10,592 (-30.8%), from €34,402 to €23,810
of which Remuneration and social security: -€13,887
- Gross operating margin -€20,971
down €20,971 (-8.3%), from €253,397 to €232,426
- Taxes +€5,674
up €5,674 (+491%), from €1,154 to €6,828
- Staff costs -€4,332
down €4,332 (-2.1%), from €210,988 to €206,657
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,402 | €116,539 | -€8,863 | -7.1% |
| Fixed assets | 21/28 | €4,943 | €4,768 | -€174 | -3.5% |
| Tangible fixed assets | 22/27 | €4,943 | €4,768 | -€174 | -3.5% |
| Plant, machinery and equipment | 23 | €4,411 | €3,837 | -€575 | -13.0% |
| Furniture and vehicles | 24 | €532 | €932 | +€400 | +75.2% |
| Current assets | 29/58 | €120,459 | €111,771 | -€8,689 | -7.2% |
| Amounts receivable within one year | 40/41 | €84,546 | €22,515 | -€62,031 | -73.4% |
| Trade receivables | 40 | €84,546 | €22,515 | -€62,031 | -73.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,914 | €89,256 | +€53,342 | +149% |
| Total equity and liabilities | 10/49 | €125,402 | €116,539 | -€8,863 | -7.1% |
| Equity | 10/15 | -€1,751 | €12,275 | +€14,026 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,151 | -€125 | +€14,026 | +99.1% |
| Amounts payable | 17/49 | €127,153 | €104,265 | -€22,889 | -18.0% |
| Amounts payable within one year | 42/48 | €127,153 | €104,265 | -€22,889 | -18.0% |
| Trade debts | 44 | €51,276 | €28,016 | -€23,261 | -45.4% |
| Suppliers | 440/4 | €51,276 | €28,016 | -€23,261 | -45.4% |
| Taxes, remuneration and social security | 45 | €34,402 | €23,810 | -€10,592 | -30.8% |
| Taxes | 450/3 | €10,762 | €14,057 | +€3,295 | +30.6% |
| Remuneration and social security | 454/9 | €23,640 | €9,752 | -€13,887 | -58.7% |
| Other amounts payable | 47/48 | €41,475 | €52,439 | +€10,964 | +26.4% |
| Remuneration, social security and pensions | 62 | €210,988 | €206,657 | -€4,332 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,439 | €2,006 | +€567 | +39.4% |
| Other operating charges | 640/8 | €1,327 | €920 | -€407 | -30.7% |
| Gross operating margin | 9900 | €253,397 | €232,426 | -€20,971 | -8.3% |
| Operating profit (loss) | 9901 | €39,642 | €22,843 | -€16,799 | -42.4% |
| Financial income | 75/76B | €220 | €204 | -€16 | -7.4% |
| Recurring financial income | 75 | €220 | €204 | -€16 | -7.4% |
| Financial charges | 65/66B | €3,396 | €2,194 | -€1,202 | -35.4% |
| Recurring financial charges | 65 | €3,396 | €2,194 | -€1,202 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €36,466 | €20,854 | -€15,613 | -42.8% |
| Income taxes | 67/77 | €1,154 | €6,828 | +€5,674 | +491% |
| Profit (loss) for the period | 9904 | €35,312 | €14,026 | -€21,286 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,312 | €14,026 | -€21,286 | -60.3% |
Next steps
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 3 November 2026 via checked.be.