Time2Play: what changed
Two fiscal 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.
Time2Play
Largest movements
- Cash +€87,436
up €87,436 (+23.5%), from €371,378 to €458,814
mainly Other debts (+€78,601) and Net result for the year (+€59,261)
- Receivables within one year -€57,841
down €57,841 (-84.6%), from €68,356 to €10,515
of which Trade receivables: -€64,999
- Financial fixed assets +€7,230
up €7,230, from €0 to €7,230
- Tangible fixed assets -€7,122
down €7,122 (-32.2%), from €22,138 to €15,015
- Other debts +€78,601
up €78,601 (+95.0%), from €82,701 to €161,301
- Reserves -€33,161
down €33,161 (-12.3%), from €268,625 to €235,465
- Trade debts -€12,629
down €12,629 (-19.6%), from €64,425 to €51,796
- Gross operating margin -€35,871
down €35,871 (-28.5%), from €125,787 to €89,916
- Taxes -€7,561
down €7,561 (-19.5%), from €38,721 to €31,160
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.
Cash bridge derived
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 | €464,176 | €494,210 | +€30,034 | +6.5% |
| Fixed assets | 21/28 | €22,138 | €22,245 | +€108 | +0.5% |
| Tangible fixed assets | 22/27 | €22,138 | €15,015 | -€7,122 | -32.2% |
| Furniture and vehicles | 24 | €22,138 | €15,015 | -€7,122 | -32.2% |
| Financial fixed assets | 28 | €0 | €7,230 | +€7,230 | |
| Current assets | 29/58 | €442,038 | €471,965 | +€29,927 | +6.8% |
| Stocks and contracts in progress | 3 | €1,345 | €1,394 | +€49 | +3.7% |
| Stocks | 30/36 | €1,345 | €1,394 | +€49 | +3.7% |
| Amounts receivable within one year | 40/41 | €68,356 | €10,515 | -€57,841 | -84.6% |
| Trade receivables | 40 | €66,987 | €1,988 | -€64,999 | -97.0% |
| Other amounts receivable | 41 | €1,369 | €8,527 | +€7,158 | +522.8% |
| Cash at bank and in hand | 54/58 | €371,378 | €458,814 | +€87,436 | +23.5% |
| Deferred charges and accrued income | 490/1 | €959 | €1,242 | +€283 | +29.5% |
| Total equity and liabilities | 10/49 | €464,176 | €494,210 | +€30,034 | +6.5% |
| Equity | 10/15 | €287,225 | €254,065 | -€33,161 | -11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €268,625 | €235,465 | -€33,161 | -12.3% |
| Distributable reserves | 133 | €268,625 | €235,465 | -€33,161 | -12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €176,950 | €240,145 | +€63,195 | +35.7% |
| Amounts payable within one year | 42/48 | €176,950 | €240,145 | +€63,195 | +35.7% |
| Trade debts | 44 | €64,425 | €51,796 | -€12,629 | -19.6% |
| Suppliers | 440/4 | €64,425 | €51,796 | -€12,629 | -19.6% |
| Taxes, remuneration and social security | 45 | €29,825 | €27,048 | -€2,777 | -9.3% |
| Taxes | 450/3 | €28,225 | €25,448 | -€2,777 | -9.8% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €82,701 | €161,301 | +€78,601 | +95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,035 | €7,122 | +€1,087 | +18.0% |
| Other operating charges | 640/8 | €675 | €527 | -€148 | -21.9% |
| Non-recurring operating charges | 66A | €12,899 | €0 | -€12,899 | -100.0% |
| Gross operating margin | 9900 | €125,787 | €89,916 | -€35,871 | -28.5% |
| Operating profit (loss) | 9901 | €106,178 | €82,266 | -€23,912 | -22.5% |
| Financial income | 75/76B | €9,217 | €8,220 | -€996 | -10.8% |
| Recurring financial income | 75 | €9,217 | €8,220 | -€996 | -10.8% |
| Financial charges | 65/66B | €68 | €65 | -€3 | -4.1% |
| Recurring financial charges | 65 | €68 | €65 | -€3 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €115,327 | €90,421 | -€24,905 | -21.6% |
| Income taxes | 67/77 | €38,721 | €31,160 | -€7,561 | -19.5% |
| Profit (loss) for the period | 9904 | €76,606 | €59,261 | -€17,345 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,606 | €59,261 | -€17,345 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.