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CH'TIMMO: 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.

What changed

CH'TIMMO

BE 0564.798.237
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€39,040
2023 · €38,086+€954
Equity
€334,844
2023 · €295,804+€39,040
Cash
€54,802
2023 · €61,174-€6,372
Balance sheet total
€659,557
2023 · €689,911-€30,354

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€37,968

    down €37,968 (-6.0%), from €628,737 to €590,769

    of which Land and buildings: -€35,295

  • Receivables within one year +€13,987

    new in 2024: €13,987

Equity and liabilities
  • Debts after one year -€68,344

    down €68,344 (-21.1%), from €324,642 to €256,298

  • Profit (loss) carried forward +€39,040

    up €39,040 (+37.8%), from €103,304 to €142,344

Income statement
  • Financial charges -€1,666

    down €1,666 (-15.2%), from €10,951 to €9,285

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €38,086
Services and other goods -€820
Financial income +€0
Financial charges +€1,666
Taxes +€108
Result 2024 €39,040

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€61,972
Investment €0
Financing -€68,344
Cash 2023 €61,174
Net result for the year +€39,040
Depreciation +€37,968
Receivables within one year -€13,987
Trade debts -€200
Tax, wage and social debts -€416
Accrued charges and deferred income -€434
Debts after one year -€68,344
Cash 2024 €54,802
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €689,911 €659,557 -€30,354 -4.4%
Fixed assets 21/28 €628,737 €590,769 -€37,968 -6.0%
Tangible fixed assets 22/27 €628,737 €590,769 -€37,968 -6.0%
Land and buildings 22 €623,391 €588,096 -€35,295 -5.7%
Plant, machinery and equipment 23 €5,346 €2,673 -€2,673 -50.0%
Current assets 29/58 €61,174 €68,789 +€7,615 +12.4%
Amounts receivable within one year 40/41 - €13,987 +€13,987
Other amounts receivable 41 - €13,987 +€13,987
Cash at bank and in hand 54/58 €61,174 €54,802 -€6,372 -10.4%
Total equity and liabilities 10/49 €689,911 €659,557 -€30,354 -4.4%
Equity 10/15 €295,804 €334,844 +€39,040 +13.2%
Contributions 10/11 €175,000 €175,000 = 0.0%
Reserves 13 €17,500 €17,500 = 0.0%
Distributable reserves 133 €17,500 €17,500 = 0.0%
Profit (loss) carried forward 14 €103,304 €142,344 +€39,040 +37.8%
Amounts payable 17/49 €394,107 €324,714 -€69,394 -17.6%
Amounts payable after more than one year 17 €324,642 €256,298 -€68,344 -21.1%
Financial debts 170/4 €324,642 €256,298 -€68,344 -21.1%
Credit institutions 173 €324,642 €256,298 -€68,344 -21.1%
Amounts payable within one year 42/48 €68,959 €68,344 -€615 -0.9%
Current portion of amounts payable after more than one year 42 €68,344 €68,344 = 0.0%
Trade debts 44 €200 - -€200
Suppliers 440/4 €200 - -€200
Taxes, remuneration and social security 45 €416 - -€416
Taxes 450/3 €416 - -€416
Accrued charges and deferred income 492/3 €506 €72 -€434 -85.9%
Operating income 70/76A €102,000 €102,000 = 0.0%
Turnover 70 €102,000 €102,000 = 0.0%
Operating charges 60/66A €39,842 €40,662 +€820 +2.1%
Services and other goods 61 €1,873 €2,693 +€820 +43.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €37,968 €37,968 = 0.0%
Operating profit (loss) 9901 €62,158 €61,338 -€820 -1.3%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Other financial income 752/9 - €0 +€0
Financial charges 65/66B €10,951 €9,285 -€1,666 -15.2%
Recurring financial charges 65 €10,951 €9,285 -€1,666 -15.2%
Debt charges 650 €10,496 €8,850 -€1,646 -15.7%
Other financial charges 652/9 €455 €435 -€20 -4.3%
Profit (loss) for the period before taxes 9903 €51,207 €52,053 +€846 +1.7%
Income taxes 67/77 €13,122 €13,013 -€108 -0.8%
Taxes 670/3 €13,122 €13,013 -€108 -0.8%
Profit (loss) for the period 9904 €38,086 €39,040 +€954 +2.5%
Profit (loss) for the period to be appropriated 9905 €38,086 €39,040 +€954 +2.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.