TIME2SITE: 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.
TIME2SITE
Largest movements
- Cash +€29,618
up €29,618 (+54.1%), from €54,743 to €84,360
mainly Net result for the year (+€48,565) and Trade debts (+€6,420)
- Receivables within one year +€22,010
up €22,010 (+42.3%), from €52,028 to €74,037
of which Trade receivables: +€14,281
- Tangible fixed assets +€2,143
up €2,143 (+459%), from €466 to €2,609
- Deferred charges and accrued income +€2,055
new in 2025: €2,055
- Reserves +€33,680
new in 2025: €33,680
- Profit (loss) carried forward +€14,885
up €14,885 (+33.5%), from €44,384 to €59,268
- Trade debts +€6,420
up €6,420 (+109%), from €5,872 to €12,291
- Gross operating margin +€14,528
up €14,528 (+25.2%), from €57,709 to €72,237
- Taxes +€10,607
up €10,607 (+76.8%), from €13,810 to €24,417
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 | €107,267 | €163,092 | +€55,825 | +52.0% |
| Fixed assets | 21/28 | €496 | €2,639 | +€2,143 | +432% |
| Tangible fixed assets | 22/27 | €466 | €2,609 | +€2,143 | +459% |
| Plant, machinery and equipment | 23 | €466 | €2,609 | +€2,143 | +459% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €106,771 | €160,453 | +€53,682 | +50.3% |
| Amounts receivable within one year | 40/41 | €52,028 | €74,037 | +€22,010 | +42.3% |
| Trade receivables | 40 | €19,142 | €33,424 | +€14,281 | +74.6% |
| Other amounts receivable | 41 | €32,886 | €40,614 | +€7,728 | +23.5% |
| Cash at bank and in hand | 54/58 | €54,743 | €84,360 | +€29,618 | +54.1% |
| Deferred charges and accrued income | 490/1 | - | €2,055 | +€2,055 | |
| Total equity and liabilities | 10/49 | €107,267 | €163,092 | +€55,825 | +52.0% |
| Equity | 10/15 | €63,084 | €111,648 | +€48,565 | +77.0% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | - | €33,680 | +€33,680 | |
| Tax-exempt reserves | 132 | - | €33,680 | +€33,680 | |
| Profit (loss) carried forward | 14 | €44,384 | €59,268 | +€14,885 | +33.5% |
| Amounts payable | 17/49 | €44,183 | €51,444 | +€7,260 | +16.4% |
| Amounts payable within one year | 42/48 | €44,183 | €51,444 | +€7,260 | +16.4% |
| Trade debts | 44 | €5,872 | €12,291 | +€6,420 | +109% |
| Suppliers | 440/4 | €5,872 | €12,291 | +€6,420 | +109% |
| Taxes, remuneration and social security | 45 | €10,629 | €10,853 | +€223 | +2.1% |
| Taxes | 450/3 | €10,629 | €10,853 | +€223 | +2.1% |
| Other amounts payable | 47/48 | €27,682 | €28,299 | +€617 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €939 | +€256 | +37.4% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €57,709 | €72,237 | +€14,528 | +25.2% |
| Operating profit (loss) | 9901 | €56,741 | €71,003 | +€14,262 | +25.1% |
| Financial income | 75/76B | €1,588 | €2,129 | +€541 | +34.1% |
| Recurring financial income | 75 | €1,588 | €2,129 | +€541 | +34.1% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €58,194 | €72,982 | +€14,788 | +25.4% |
| Income taxes | 67/77 | €13,810 | €24,417 | +€10,607 | +76.8% |
| Profit (loss) for the period | 9904 | €44,384 | €48,565 | +€4,181 | +9.4% |
| Transfer to tax-exempt reserves | 689 | - | €33,680 | +€33,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,384 | €14,885 | -€29,499 | -66.5% |
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 24 October 2026 via checked.be.