TIMESAVER: 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.
TIMESAVER
Largest movements
- Tangible fixed assets +€34,196
up €34,196 (+537.3%), from €6,365 to €40,561
of which Land and buildings: +€39,419
- Cash -€12,772
down €12,772 (-20.3%), from €62,776 to €50,004
mainly Investment in fixed assets (net) (-€40,000) and Net result for the year (-€8,023)
- Receivables within one year +€6,296
up €6,296 (+94.6%), from €6,657 to €12,953
of which Trade receivables: +€3,242
- Debts after one year +€32,682
new in 2025: €32,682
- Profit (loss) carried forward -€8,050
down €8,050 (-80.4%), from €10,018 to €1,968
- Current portion of long-term debt +€4,820
up €4,820 (+1255.7%), from €384 to €5,204
- Trade debts -€2,288
down €2,288 (-64.6%), from €3,542 to €1,254
- Gross operating margin -€14,268
down €14,268 (-69.1%), from €20,641 to €6,373
- Other operating charges +€6,131
up €6,131 (+462.2%), from €1,327 to €7,458
- Taxes -€3,601
down €3,601 (-96.5%), from €3,731 to €130
- Financial charges +€663
up €663 (+719.8%), from €92 to €755
- Depreciation +€581
up €581 (+11.1%), from €5,223 to €5,804
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 | €77,138 | €103,942 | +€26,805 | +34.7% |
| Fixed assets | 21/28 | €6,365 | €40,561 | +€34,196 | +537.3% |
| Tangible fixed assets | 22/27 | €6,365 | €40,561 | +€34,196 | +537.3% |
| Land and buildings | 22 | - | €39,419 | +€39,419 | |
| Plant, machinery and equipment | 23 | €2,195 | €990 | -€1,205 | -54.9% |
| Furniture and vehicles | 24 | €4,170 | €151 | -€4,018 | -96.4% |
| Current assets | 29/58 | €70,773 | €63,382 | -€7,391 | -10.4% |
| Amounts receivable within one year | 40/41 | €6,657 | €12,953 | +€6,296 | +94.6% |
| Trade receivables | 40 | €5,623 | €8,866 | +€3,242 | +57.7% |
| Other amounts receivable | 41 | €1,034 | €4,087 | +€3,053 | +295.4% |
| Cash at bank and in hand | 54/58 | €62,776 | €50,004 | -€12,772 | -20.3% |
| Deferred charges and accrued income | 490/1 | €1,340 | €425 | -€915 | -68.3% |
| Total equity and liabilities | 10/49 | €77,138 | €103,942 | +€26,805 | +34.7% |
| Equity | 10/15 | €70,787 | €62,737 | -€8,050 | -11.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €59,769 | €59,769 | = | 0.0% |
| Distributable reserves | 133 | €59,769 | €59,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,018 | €1,968 | -€8,050 | -80.4% |
| Amounts payable | 17/49 | €6,350 | €41,205 | +€34,855 | +548.9% |
| Amounts payable after more than one year | 17 | - | €32,682 | +€32,682 | |
| Financial debts | 170/4 | - | €32,682 | +€32,682 | |
| Amounts payable within one year | 42/48 | €6,350 | €8,524 | +€2,173 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €384 | €5,204 | +€4,820 | +1255.7% |
| Trade debts | 44 | €3,542 | €1,254 | -€2,288 | -64.6% |
| Suppliers | 440/4 | €3,542 | €1,254 | -€2,288 | -64.6% |
| Taxes, remuneration and social security | 45 | €2,425 | €2,066 | -€359 | -14.8% |
| Taxes | 450/3 | €2,425 | €2,066 | -€359 | -14.8% |
| Remuneration, social security and pensions | 62 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,223 | €5,804 | +€581 | +11.1% |
| Other operating charges | 640/8 | €1,327 | €7,458 | +€6,131 | +462.2% |
| Gross operating margin | 9900 | €20,641 | €6,373 | -€14,268 | -69.1% |
| Operating profit (loss) | 9901 | €13,841 | -€7,139 | -€20,981 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +1633.3% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +1633.3% |
| Financial charges | 65/66B | €92 | €755 | +€663 | +719.8% |
| Recurring financial charges | 65 | €92 | €755 | +€663 | +719.8% |
| Profit (loss) for the period before taxes | 9903 | €13,749 | -€7,894 | -€21,643 | |
| Income taxes | 67/77 | €3,731 | €130 | -€3,601 | -96.5% |
| Profit (loss) for the period | 9904 | €10,018 | -€8,023 | -€18,041 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,018 | -€8,023 | -€18,041 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.