TIMESMORE: 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.
TIMESMORE
Largest movements
- Cash -€3,894
down €3,894 (-39.0%), from €9,984 to €6,090
mainly Net result for the year (-€2,333) and Receivables within one year (-€1,844)
- Receivables within one year +€1,844
up €1,844 (+47.0%), from €3,918 to €5,762
of which Trade receivables: +€1,339
- Profit (loss) carried forward -€2,333
down €2,333 (-61.5%), from €3,796 to €1,463
- Trade debts +€473
up €473 (+1210.4%), from €39 to €512
- Tax, wage and social debts -€251
down €251 (-55.1%), from €455 to €204
- Gross operating margin -€5,195
down €5,195, from €2,985 to -€2,210
- Other operating charges -€670
no longer reported in 2025 (was €670)
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 | €14,979 | €12,867 | -€2,111 | -14.1% |
| Fixed assets | 21/28 | €781 | €721 | -€60 | -7.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €781 | €721 | -€60 | -7.7% |
| Plant, machinery and equipment | 23 | €181 | €121 | -€60 | -33.3% |
| Furniture and vehicles | 24 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €14,198 | €12,147 | -€2,051 | -14.4% |
| Amounts receivable within one year | 40/41 | €3,918 | €5,762 | +€1,844 | +47.0% |
| Trade receivables | 40 | €3,918 | €5,257 | +€1,339 | +34.2% |
| Other amounts receivable | 41 | - | €505 | +€505 | |
| Cash at bank and in hand | 54/58 | €9,984 | €6,090 | -€3,894 | -39.0% |
| Deferred charges and accrued income | 490/1 | €295 | €295 | = | 0.0% |
| Total equity and liabilities | 10/49 | €14,979 | €12,867 | -€2,111 | -14.1% |
| Equity | 10/15 | €14,485 | €12,152 | -€2,333 | -16.1% |
| Reserves | 13 | €10,689 | €10,689 | = | 0.0% |
| Distributable reserves | 133 | €10,689 | €10,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,796 | €1,463 | -€2,333 | -61.5% |
| Amounts payable | 17/49 | €494 | €716 | +€222 | +44.9% |
| Amounts payable within one year | 42/48 | €494 | €716 | +€222 | +44.9% |
| Trade debts | 44 | €39 | €512 | +€473 | +1210.4% |
| Suppliers | 440/4 | €39 | €512 | +€473 | +1210.4% |
| Taxes, remuneration and social security | 45 | €455 | €204 | -€251 | -55.1% |
| Taxes | 450/3 | €455 | €204 | -€251 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60 | €60 | = | 0.0% |
| Other operating charges | 640/8 | €670 | - | -€670 | |
| Gross operating margin | 9900 | €2,985 | -€2,210 | -€5,195 | |
| Operating profit (loss) | 9901 | €2,254 | -€2,270 | -€4,524 | |
| Financial charges | 65/66B | €62 | €63 | +€1 | +2.2% |
| Recurring financial charges | 65 | €62 | €63 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €2,193 | -€2,333 | -€4,526 | |
| Profit (loss) for the period | 9904 | €2,193 | -€2,333 | -€4,526 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,193 | -€2,333 | -€4,526 |
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 12 October 2026 via checked.be.