TIME2CODE: 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.
TIME2CODE
Largest movements
- Receivables within one year +€12,800
up €12,800 (+297%), from €4,310 to €17,110
of which Other amounts receivable: +€13,717
- Cash +€5,264
up €5,264, from €0 to €5,264
mainly Net result for the year (+€7,684) and Other debts (+€5,000)
- Tangible fixed assets -€629
down €629 (-67.3%), from €935 to €306
- Profit (loss) carried forward +€7,684
up €7,684, from -€2,142 to €5,542
- Other debts +€5,000
up €5,000 (+1,185%), from €422 to €5,422
- Tax, wage and social debts +€2,567
up €2,567 (+2,937%), from €87 to €2,654
of which Remuneration and social security: +€2,627
- Trade debts +€2,184
up €2,184 (+91.9%), from €2,378 to €4,562
- Gross operating margin +€20,016
up €20,016, from -€204 to €19,812
- Staff costs +€12,376
up €12,376, from €0 to €12,376
- Financial charges -€925
down €925, from €151 to -€774
- Financial income +€470
up €470, from €0 to €470
- Taxes +€273
up €273, from €0 to €273
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 | €5,245 | €22,680 | +€17,435 | +332% |
| Fixed assets | 21/28 | €935 | €306 | -€629 | -67.3% |
| Tangible fixed assets | 22/27 | €935 | €306 | -€629 | -67.3% |
| Furniture and vehicles | 24 | €935 | €306 | -€629 | -67.3% |
| Current assets | 29/58 | €4,310 | €22,374 | +€18,064 | +419% |
| Amounts receivable within one year | 40/41 | €4,310 | €17,110 | +€12,800 | +297% |
| Trade receivables | 40 | €4,157 | €3,240 | -€917 | -22.1% |
| Other amounts receivable | 41 | €153 | €13,870 | +€13,717 | +8,973% |
| Cash at bank and in hand | 54/58 | €0 | €5,264 | +€5,264 | |
| Total equity and liabilities | 10/49 | €5,245 | €22,680 | +€17,435 | +332% |
| Equity | 10/15 | €1,358 | €9,042 | +€7,684 | +566% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,142 | €5,542 | +€7,684 | |
| Amounts payable | 17/49 | €3,887 | €13,638 | +€9,751 | +251% |
| Amounts payable within one year | 42/48 | €2,887 | €12,638 | +€9,751 | +338% |
| Trade debts | 44 | €2,378 | €4,562 | +€2,184 | +91.9% |
| Suppliers | 440/4 | €2,378 | €4,562 | +€2,184 | +91.9% |
| Taxes, remuneration and social security | 45 | €87 | €2,654 | +€2,567 | +2,937% |
| Taxes | 450/3 | €87 | €28 | -€60 | -68.3% |
| Remuneration and social security | 454/9 | €0 | €2,627 | +€2,627 | |
| Other amounts payable | 47/48 | €422 | €5,422 | +€5,000 | +1,185% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | €12,376 | +€12,376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €629 | €629 | = | 0.0% |
| Other operating charges | 640/8 | €100 | €94 | -€6 | -6.3% |
| Gross operating margin | 9900 | -€204 | €19,812 | +€20,016 | |
| Operating profit (loss) | 9901 | -€933 | €6,713 | +€7,647 | |
| Financial income | 75/76B | €0 | €470 | +€470 | |
| Recurring financial income | 75 | €0 | €470 | +€470 | |
| Financial charges | 65/66B | €151 | -€774 | -€925 | |
| Recurring financial charges | 65 | €151 | -€774 | -€925 | |
| Profit (loss) for the period before taxes | 9903 | -€1,084 | €7,957 | +€9,042 | |
| Income taxes | 67/77 | €0 | €273 | +€273 | |
| Profit (loss) for the period | 9904 | -€1,084 | €7,684 | +€8,768 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,084 | €7,684 | +€8,768 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.