Times & Co: what changed
Times & Co
Largest movements
- Cash +€22,809
up €22,809 (+73.3%), from €31,138 to €53,946
mainly Net result for the year (+€15,967) and Trade debts (+€15,728)
- Receivables within one year +€11,406
up €11,406 (+172%), from €6,623 to €18,029
of which Trade receivables: +€10,209
- Tangible fixed assets +€1,416
up €1,416 (+29.6%), from €4,779 to €6,195
of which Furniture and vehicles: +€1,606
- Reserves +€15,967
up €15,967 (+858%), from €1,860 to €17,827
of which Distributable reserves: +€15,967
- Trade debts +€15,728
up €15,728 (+88.7%), from €17,741 to €33,469
- Tax, wage and social debts +€4,733
up €4,733 (+43.7%), from €10,838 to €15,571
of which Taxes: +€3,812
- Gross operating margin +€8,800
up €8,800 (+8.7%), from €101,575 to €110,374
- Staff costs +€5,980
up €5,980 (+8.7%), from €68,579 to €74,559
- Taxes +€3,812
up €3,812 (+91.4%), from €4,172 to €7,984
- Other operating charges +€3,773
up €3,773 (+169%), from €2,235 to €6,008
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,509 | €84,622 | +€36,113 | +74.4% |
| Fixed assets | 21/28 | €8,399 | €9,815 | +€1,416 | +16.9% |
| Tangible fixed assets | 22/27 | €4,779 | €6,195 | +€1,416 | +29.6% |
| Plant, machinery and equipment | 23 | €759 | €569 | -€190 | -25.0% |
| Furniture and vehicles | 24 | €4,020 | €5,626 | +€1,606 | +39.9% |
| Financial fixed assets | 28 | €3,620 | €3,620 | = | 0.0% |
| Current assets | 29/58 | €40,110 | €74,807 | +€34,697 | +86.5% |
| Stocks and contracts in progress | 3 | €2,305 | €2,003 | -€301 | -13.1% |
| Stocks | 30/36 | €2,305 | €2,003 | -€301 | -13.1% |
| Amounts receivable within one year | 40/41 | €6,623 | €18,029 | +€11,406 | +172% |
| Trade receivables | 40 | €5,094 | €15,303 | +€10,209 | +200% |
| Other amounts receivable | 41 | €1,529 | €2,726 | +€1,197 | +78.3% |
| Cash at bank and in hand | 54/58 | €31,138 | €53,946 | +€22,809 | +73.3% |
| Deferred charges and accrued income | 490/1 | €45 | €828 | +€783 | +1,722% |
| Total equity and liabilities | 10/49 | €48,509 | €84,622 | +€36,113 | +74.4% |
| Equity | 10/15 | €19,616 | €35,582 | +€15,967 | +81.4% |
| Reserves | 13 | €1,860 | €17,827 | +€15,967 | +858% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €15,967 | +€15,967 | |
| Profit (loss) carried forward | 14 | €17,756 | €17,756 | = | 0.0% |
| Amounts payable | 17/49 | €28,894 | €49,040 | +€20,146 | +69.7% |
| Amounts payable within one year | 42/48 | €28,894 | €49,040 | +€20,146 | +69.7% |
| Trade debts | 44 | €17,741 | €33,469 | +€15,728 | +88.7% |
| Suppliers | 440/4 | €17,741 | €33,469 | +€15,728 | +88.7% |
| Taxes, remuneration and social security | 45 | €10,838 | €15,571 | +€4,733 | +43.7% |
| Taxes | 450/3 | €4,172 | €7,984 | +€3,812 | +91.4% |
| Remuneration and social security | 454/9 | €6,666 | €7,587 | +€921 | +13.8% |
| Other amounts payable | 47/48 | €315 | - | -€315 | |
| Remuneration, social security and pensions | 62 | €68,579 | €74,559 | +€5,980 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,252 | €4,593 | -€659 | -12.6% |
| Other operating charges | 640/8 | €2,235 | €6,008 | +€3,773 | +169% |
| Gross operating margin | 9900 | €101,575 | €110,374 | +€8,800 | +8.7% |
| Operating profit (loss) | 9901 | €25,509 | €25,215 | -€294 | -1.2% |
| Financial income | 75/76B | €0 | €23 | +€23 | +29,263% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +29,263% |
| Financial charges | 65/66B | €1,394 | €1,288 | -€106 | -7.6% |
| Recurring financial charges | 65 | €1,394 | €1,288 | -€106 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €24,115 | €23,950 | -€164 | -0.7% |
| Income taxes | 67/77 | €4,172 | €7,984 | +€3,812 | +91.4% |
| Profit (loss) for the period | 9904 | €19,943 | €15,967 | -€3,976 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,943 | €15,967 | -€3,976 | -19.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.