TIMBRIA
InactiveFinancials · financial year 2025, micro format
Equity
€23,476▲ 18.9%
2024 · €19,740
Total assets
€58,980▲ 0.8%
2024 · €58,507
Net result
€3,737▼ 39.0%
2024 · €6,122
Working capital
€12,717▲ 64.9%
2024 · €7,711
Trend over the years
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 34% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€6,709
2025
Net result€3,737
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€58,980
2025
Equity€23,476
2025
Debt€35,504
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€12,717
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€16,782-€10,169▼ 39.4%€6,709▼ 34.0%
Net result€11,118-€6,122▼ 44.9%€3,737▼ 39.0%
Equity€13,618-€19,740▲ 45.0%€23,476▲ 18.9%
Total assets€63,229-€58,507▼ 7.5%€58,980▲ 0.8%
Debt€49,611-€38,768▼ 21.9%€35,504▼ 8.4%
Working capital€29-€7,711▲ 265×€12,717▲ 64.9%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58,980
Fixed assets
€24,670 ▼ 28.1%
Current assets
€34,310 ▲ 41.9%
Equity and liabilities €58,980
Equity
€23,476 ▲ 18.9%
Debt
€35,504 ▼ 8.4%
Debt's share of the balance-sheet total falls from 66.3% to 60.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16,371▼
2024 · €19,830
Cash flow
€13,398▼
2024 · €15,783
Current ratio
1.59▲
2024 · 1.47
Debt to equity
1.51▼
2024 · 1.96
ROE
15.9%▼
2024 · 31.0%
ROA
6.3%▼
2024 · 10.5%
Interest coverage
16.49▲
2024 · 15.57
Debt ≤ 1 year
€21,594▲
2024 · €16,465
Debt > 1 year
€13,910▼
2024 · €22,302
Income taxes
€2,001▼
2024 · €2,781
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,564 | €9,662 | €9,662 | = |
| Other operating charges640/8 | €874 | €688 | €562 | ▼ 18.4% |
| Gross operating margin9900 | €23,219 | €20,518 | €16,933 | ▼ 17.5% |
| Operating profit (loss)9901 | €16,782 | €10,169 | €6,709 | ▼ 34.0% |
| Financial income75/76B | €3 | €8 | €21 | ▲ 165% |
| Recurring financial income75 | €3 | €8 | €21 | ▲ 165% |
| Financial charges65/66B | €762 | €1,274 | €993 | ▼ 22.1% |
| Recurring financial charges65 | €762 | €1,274 | €993 | ▼ 22.1% |
| Profit (loss) for the period before taxes9903 | €16,022 | €8,903 | €5,738 | ▼ 35.6% |
| Income taxes67/77 | €4,904 | €2,781 | €2,001 | ▼ 28.1% |
| Profit (loss) for the period9904 | €11,118 | €6,122 | €3,737 | ▼ 39.0% |
| Profit (loss) for the period to be appropriated9905 | €11,118 | €6,122 | €3,737 | ▼ 39.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €63,229 | €58,507 | €58,980 | ▲ 0.8% |
| Fixed assets21/28 | €43,993 | €34,331 | €24,670 | ▼ 28.1% |
| Tangible fixed assets22/27 | €43,993 | €34,331 | €24,670 | ▼ 28.1% |
| Plant, machinery and equipment23 | €1,829 | €1,361 | €893 | ▼ 34.4% |
| Furniture and vehicles24 | €42,164 | €32,970 | €23,777 | ▼ 27.9% |
| Current assets29/58 | €19,236 | €24,176 | €34,310 | ▲ 41.9% |
| Amounts receivable within one year40/41 | €8,569 | €11,901 | €10,290 | ▼ 13.5% |
| Trade receivables40 | €8,470 | €9,680 | €10,285 | ▲ 6.3% |
| Other amounts receivable41 | €99 | €2,221 | €5 | ▼ 99.8% |
| Cash at bank and in hand54/58 | €8,439 | €10,047 | €19,063 | ▲ 89.7% |
| Deferred charges and accrued income490/1 | €2,229 | €2,228 | €4,957 | ▲ 122% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €63,229 | €58,507 | €58,980 | ▲ 0.8% |
| Equity10/15 | €13,618 | €19,740 | €23,476 | ▲ 18.9% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €10,000 | €16,100 | €19,837 | ▲ 23.2% |
| Distributable reserves133 | €10,000 | €16,100 | €19,837 | ▲ 23.2% |
| Profit (loss) carried forward14 | €1,118 | €1,140 | €1,140 | = |
| Amounts payable17/49 | €49,611 | €38,768 | €35,504 | ▼ 8.4% |
| Amounts payable after more than one year17 | €30,404 | €22,302 | €13,910 | ▼ 37.6% |
| Financial debts170/4 | €30,404 | €22,302 | €13,910 | ▼ 37.6% |
| Amounts payable within one year42/48 | €19,207 | €16,465 | €21,594 | ▲ 31.1% |
| Current portion of amounts payable after more than one year42 | €7,820 | €8,101 | €8,393 | ▲ 3.6% |
| Trade debts44 | €529 | €562 | €317 | ▼ 43.6% |
| Suppliers440/4 | €529 | €562 | €317 | ▼ 43.6% |
| Taxes, remuneration and social security45 | €9,096 | €6,997 | €12,274 | ▲ 75.4% |
| Taxes450/3 | €6,196 | €6,997 | €9,524 | ▲ 36.1% |
| Remuneration and social security454/9 | €2,900 | - | €2,750 | - |
| Other amounts payable47/48 | €1,762 | €805 | €610 | ▼ 24.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,118 | €6,122 | €3,737 | ▼ 39.0% |
| + Depreciation and write-downs630 | €5,564 | €9,662 | €9,662 | = |
| Operating cash flow (approximation) | €16,682 | €15,783 | €13,398 | ▼ 15.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €1,609 | €9,016 | ▲ 460% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277329 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00190625 |
| 31-12-2023 | micro format | 13-06-2024 | 2024-00137960 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.