Time2Invest: 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.
Time2Invest
Largest movements
- Receivables within one year +€24,889
up €24,889, from €0 to €24,889
of which Other amounts receivable: +€24,714
- Cash +€12,829
up €12,829 (+749%), from €1,713 to €14,542
mainly Net result for the year (+€50,021) and Short-term financial debts (+€13,008)
- Tangible fixed assets +€3,383
up €3,383 (+347%), from €974 to €4,357
of which Other tangible fixed assets: +€3,383
- Reserves +€50,021
up €50,021 (+27.0%), from €185,494 to €235,515
- Tax, wage and social debts -€18,820
down €18,820 (-61.8%), from €30,450 to €11,630
- Short-term financial debts +€13,008
up €13,008 (+776%), from €1,676 to €14,684
- Trade debts -€3,562
down €3,562 (-26.6%), from €13,384 to €9,822
- Gross operating margin +€63,301
up €63,301 (+633%), from €9,996 to €73,297
- Taxes +€20,529
up €20,529 (+521%), from €3,943 to €24,472
- Financial charges -€1,068
down €1,068 (-83.0%), from €1,287 to €219
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 | €252,687 | €293,787 | +€41,101 | +16.3% |
| Fixed assets | 21/28 | €974 | €4,357 | +€3,383 | +347% |
| Tangible fixed assets | 22/27 | €974 | €4,357 | +€3,383 | +347% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €974 | €4,357 | +€3,383 | +347% |
| Current assets | 29/58 | €251,713 | €289,431 | +€37,718 | +15.0% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €24,889 | +€24,889 | |
| Trade receivables | 40 | - | €175 | +€175 | |
| Other amounts receivable | 41 | €0 | €24,714 | +€24,714 | |
| Cash at bank and in hand | 54/58 | €1,713 | €14,542 | +€12,829 | +749% |
| Total equity and liabilities | 10/49 | €252,687 | €293,787 | +€41,101 | +16.3% |
| Equity | 10/15 | €204,094 | €254,115 | +€50,021 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €185,494 | €235,515 | +€50,021 | +27.0% |
| Distributable reserves | 133 | €185,494 | €235,515 | +€50,021 | +27.0% |
| Amounts payable | 17/49 | €48,592 | €39,672 | -€8,920 | -18.4% |
| Amounts payable within one year | 42/48 | €47,842 | €39,672 | -€8,170 | -17.1% |
| Financial debts | 43 | €1,676 | €14,684 | +€13,008 | +776% |
| Credit institutions | 430/8 | €1,676 | €14,684 | +€13,008 | +776% |
| Trade debts | 44 | €13,384 | €9,822 | -€3,562 | -26.6% |
| Suppliers | 440/4 | €13,384 | €9,822 | -€3,562 | -26.6% |
| Taxes, remuneration and social security | 45 | €30,450 | €11,630 | -€18,820 | -61.8% |
| Taxes | 450/3 | €30,450 | €11,630 | -€18,820 | -61.8% |
| Other amounts payable | 47/48 | €2,332 | €3,536 | +€1,204 | +51.6% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,197 | €957 | -€240 | -20.1% |
| Other operating charges | 640/8 | €574 | €753 | +€178 | +31.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €9,996 | €73,297 | +€63,301 | +633% |
| Operating profit (loss) | 9901 | €8,224 | €71,587 | +€63,363 | +770% |
| Financial income | 75/76B | €3,386 | €3,125 | -€261 | -7.7% |
| Recurring financial income | 75 | €3,386 | €3,125 | -€261 | -7.7% |
| Financial charges | 65/66B | €1,287 | €219 | -€1,068 | -83.0% |
| Recurring financial charges | 65 | €1,287 | €219 | -€1,068 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €10,324 | €74,493 | +€64,169 | +622% |
| Income taxes | 67/77 | €3,943 | €24,472 | +€20,529 | +521% |
| Profit (loss) for the period | 9904 | €6,381 | €50,021 | +€43,640 | +684% |
| Profit (loss) for the period to be appropriated | 9905 | €6,381 | €50,021 | +€43,640 | +684% |
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 20 October 2026 via checked.be.