Timeless New Concepts: 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.
Timeless New Concepts
Largest movements
- Stocks and contracts +€76,058
up €76,058 (+6.3%), from €1.2m to €1.3m
- Receivables within one year -€16,059
down €16,059 (-68.2%), from €23,560 to €7,501
of which Other amounts receivable: -€16,059
- Other debts +€287,500
up €287,500 (+103%), from €280,000 to €567,500
- Short-term financial debts -€277,860
down €277,860 (-27.2%), from €1.0m to €745,140
- Profit (loss) carried forward +€37,216
up €37,216 (+52.1%), from -€71,455 to -€34,239
- Gross operating margin +€83,996
up €83,996 (+704%), from €11,935 to €95,931
- Financial charges +€13,169
up €13,169 (+29.3%), from €45,003 to €58,171
- Other operating charges +€1,295
up €1,295 (+61.6%), from €2,101 to €3,396
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 | €1,278,536 | €1,333,818 | +€55,282 | +4.3% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,278,036 | €1,333,318 | +€55,282 | +4.3% |
| Stocks and contracts in progress | 3 | €1,203,968 | €1,280,026 | +€76,058 | +6.3% |
| Stocks | 30/36 | €1,203,968 | €1,280,026 | +€76,058 | +6.3% |
| Amounts receivable within one year | 40/41 | €23,560 | €7,501 | -€16,059 | -68.2% |
| Trade receivables | 40 | €7,500 | €7,500 | = | 0.0% |
| Other amounts receivable | 41 | €16,060 | €1 | -€16,059 | -100.0% |
| Cash at bank and in hand | 54/58 | €49,007 | €45,329 | -€3,678 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,501 | €462 | -€1,039 | -69.2% |
| Total equity and liabilities | 10/49 | €1,278,536 | €1,333,818 | +€55,282 | +4.3% |
| Equity | 10/15 | -€25,119 | €12,097 | +€37,216 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,335 | €26,335 | = | 0.0% |
| Distributable reserves | 133 | €26,335 | €26,335 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,455 | -€34,239 | +€37,216 | +52.1% |
| Amounts payable | 17/49 | €1,303,655 | €1,321,722 | +€18,066 | +1.4% |
| Amounts payable within one year | 42/48 | €1,303,655 | €1,321,722 | +€18,066 | +1.4% |
| Financial debts | 43 | €1,023,000 | €745,140 | -€277,860 | -27.2% |
| Other loans | 439 | €1,023,000 | €745,140 | -€277,860 | -27.2% |
| Trade debts | 44 | €655 | €4,315 | +€3,660 | +559% |
| Suppliers | 440/4 | €655 | €4,315 | +€3,660 | +559% |
| Taxes, remuneration and social security | 45 | - | €4,766 | +€4,766 | |
| Taxes | 450/3 | - | €4,766 | +€4,766 | |
| Other amounts payable | 47/48 | €280,000 | €567,500 | +€287,500 | +103% |
| Non-recurring operating income | 76A | - | €69,462 | +€69,462 | |
| Other operating charges | 640/8 | €2,101 | €3,396 | +€1,295 | +61.6% |
| Gross operating margin | 9900 | €11,935 | €95,931 | +€83,996 | +704% |
| Operating profit (loss) | 9901 | €9,834 | €92,535 | +€82,701 | +841% |
| Financial income | 75/76B | €3,361 | €2,852 | -€509 | -15.1% |
| Recurring financial income | 75 | €3,361 | €2,852 | -€509 | -15.1% |
| Financial charges | 65/66B | €45,003 | €58,171 | +€13,169 | +29.3% |
| Recurring financial charges | 65 | €45,003 | €58,171 | +€13,169 | +29.3% |
| Profit (loss) for the period before taxes | 9903 | -€31,808 | €37,216 | +€69,024 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€31,808 | €37,216 | +€69,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,808 | €37,216 | +€69,024 |
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 18 October 2026 via checked.be.