Time4Kids: 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.
Time4Kids
Largest movements
- Tangible fixed assets -€23,181
down €23,181 (-67.0%), from €34,580 to €11,399
of which Plant, machinery and equipment: -€15,445
- Cash +€6,419
up €6,419 (+39.1%), from €16,424 to €22,843
mainly Depreciation (+€24,991) and Accrued charges and deferred income (+€987)
- Receivables within one year +€1,290
up €1,290 (+10.4%), from €12,445 to €13,735
of which Trade receivables: +€2,320
- Profit (loss) carried forward -€13,083
down €13,083 (-7.3%), from -€179,645 to -€192,728
- Trade debts -€3,433
down €3,433 (-11.1%), from €30,975 to €27,543
- Accrued charges and deferred income +€987
up €987 (+38.6%), from €2,557 to €3,543
- Gross operating margin +€74,586
up €74,586 (+575%), from €12,977 to €87,563
- Staff costs +€49,430
up €49,430 (+217%), from €22,751 to €72,181
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 | €67,327 | €52,342 | -€14,985 | -22.3% |
| Fixed assets | 21/28 | €34,868 | €11,399 | -€23,469 | -67.3% |
| Tangible fixed assets | 22/27 | €34,580 | €11,399 | -€23,181 | -67.0% |
| Plant, machinery and equipment | 23 | €21,881 | €6,436 | -€15,445 | -70.6% |
| Furniture and vehicles | 24 | - | €1,228 | +€1,228 | |
| Other tangible fixed assets | 26 | €12,699 | €3,735 | -€8,964 | -70.6% |
| Financial fixed assets | 28 | €288 | - | -€288 | |
| Current assets | 29/58 | €32,459 | €40,943 | +€8,484 | +26.1% |
| Stocks and contracts in progress | 3 | €2,926 | €3,203 | +€277 | +9.5% |
| Stocks | 30/36 | €2,926 | €3,203 | +€277 | +9.5% |
| Amounts receivable within one year | 40/41 | €12,445 | €13,735 | +€1,290 | +10.4% |
| Trade receivables | 40 | €10,676 | €12,996 | +€2,320 | +21.7% |
| Other amounts receivable | 41 | €1,769 | €739 | -€1,030 | -58.2% |
| Cash at bank and in hand | 54/58 | €16,424 | €22,843 | +€6,419 | +39.1% |
| Deferred charges and accrued income | 490/1 | €664 | €1,162 | +€497 | +74.9% |
| Total equity and liabilities | 10/49 | €67,327 | €52,342 | -€14,985 | -22.3% |
| Equity | 10/15 | -€104,645 | -€117,728 | -€13,083 | -12.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,645 | -€192,728 | -€13,083 | -7.3% |
| Amounts payable | 17/49 | €171,972 | €170,070 | -€1,902 | -1.1% |
| Amounts payable after more than one year | 17 | €131,368 | €131,368 | = | 0.0% |
| Financial debts | 170/4 | €131,368 | €131,368 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,047 | €35,158 | -€2,889 | -7.6% |
| Trade debts | 44 | €30,975 | €27,543 | -€3,433 | -11.1% |
| Suppliers | 440/4 | €30,975 | €27,543 | -€3,433 | -11.1% |
| Taxes, remuneration and social security | 45 | €7,071 | €7,615 | +€544 | +7.7% |
| Taxes | 450/3 | €3,370 | €4,458 | +€1,088 | +32.3% |
| Remuneration and social security | 454/9 | €3,701 | €3,157 | -€544 | -14.7% |
| Accrued charges and deferred income | 492/3 | €2,557 | €3,543 | +€987 | +38.6% |
| Remuneration, social security and pensions | 62 | €22,751 | €72,181 | +€49,430 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,409 | €24,991 | +€582 | +2.4% |
| Other operating charges | 640/8 | €3,000 | €2,816 | -€184 | -6.1% |
| Gross operating margin | 9900 | €12,977 | €87,563 | +€74,586 | +575% |
| Operating profit (loss) | 9901 | -€37,183 | -€12,425 | +€24,758 | +66.6% |
| Financial income | 75/76B | €0 | €343 | +€343 | +110,552% |
| Recurring financial income | 75 | €0 | €343 | +€343 | +110,552% |
| Financial charges | 65/66B | €289 | €1,002 | +€713 | +247% |
| Recurring financial charges | 65 | €289 | €1,002 | +€713 | +247% |
| Profit (loss) for the period before taxes | 9903 | -€37,472 | -€13,083 | +€24,388 | +65.1% |
| Profit (loss) for the period | 9904 | -€37,472 | -€13,083 | +€24,388 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,472 | -€13,083 | +€24,388 | +65.1% |
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 25 October 2026 via checked.be.