D.K.J. TIMMERS: what changed
D.K.J. TIMMERS
Largest movements
- Stocks and contracts -€301,950
down €301,950 (-31.4%), from €961,895 to €659,945
- Cash +€36,219
new in 2025: €36,219
mainly Stocks and contracts (+€301,950) and Net result for the year (+€90,098)
- Receivables within one year +€26,386
up €26,386 (+2.5%), from €1.1m to €1.1m
of which Other amounts receivable: +€19,023
- Trade debts -€277,235
down €277,235 (-35.3%), from €785,480 to €508,245
- Reserves +€90,098
up €90,098 (+9.8%), from €921,379 to €1.0m
of which Distributable reserves: +€90,098
- Current portion of long-term debt -€38,029
no longer reported in 2025 (was €38,029)
- Tax, wage and social debts +€30,032
new in 2025: €30,032
- Short-term financial debts -€28,757
down €28,757 (-21.3%), from €135,212 to €106,455
- Taxes +€30,032
new in 2025: €30,032
- Gross operating margin +€12,763
up €12,763 (+11.3%), from €113,193 to €125,956
- Financial income +€2,549
up €2,549 (+5,098%), from €50 to €2,599
- Financial charges -€2,064
down €2,064 (-20.6%), from €9,999 to €7,935
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 | €2,025,317 | €1,785,972 | -€239,345 | -11.8% |
| Current assets | 29/58 | €2,025,317 | €1,785,972 | -€239,345 | -11.8% |
| Stocks and contracts in progress | 3 | €961,895 | €659,945 | -€301,950 | -31.4% |
| Stocks | 30/36 | €961,895 | €659,945 | -€301,950 | -31.4% |
| Amounts receivable within one year | 40/41 | €1,063,422 | €1,089,808 | +€26,386 | +2.5% |
| Trade receivables | 40 | €993,039 | €1,000,402 | +€7,363 | +0.7% |
| Other amounts receivable | 41 | €70,383 | €89,406 | +€19,023 | +27.0% |
| Cash at bank and in hand | 54/58 | - | €36,219 | +€36,219 | |
| Total equity and liabilities | 10/49 | €2,025,317 | €1,785,972 | -€239,345 | -11.8% |
| Equity | 10/15 | €1,046,379 | €1,136,477 | +€90,098 | +8.6% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €921,379 | €1,011,477 | +€90,098 | +9.8% |
| Non-distributable reserves | 130/1 | €13,364 | €13,364 | = | 0.0% |
| Legal reserve | 130 | €13,364 | €13,364 | = | 0.0% |
| Distributable reserves | 133 | €908,015 | €998,113 | +€90,098 | +9.9% |
| Amounts payable | 17/49 | €978,938 | €649,495 | -€329,443 | -33.7% |
| Amounts payable within one year | 42/48 | €978,938 | €649,495 | -€329,443 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €38,029 | - | -€38,029 | |
| Financial debts | 43 | €135,212 | €106,455 | -€28,757 | -21.3% |
| Credit institutions | 430/8 | €135,212 | €106,455 | -€28,757 | -21.3% |
| Trade debts | 44 | €785,480 | €508,245 | -€277,235 | -35.3% |
| Suppliers | 440/4 | €785,480 | €508,245 | -€277,235 | -35.3% |
| Taxes, remuneration and social security | 45 | - | €30,032 | +€30,032 | |
| Taxes | 450/3 | - | €30,032 | +€30,032 | |
| Other amounts payable | 47/48 | €20,217 | €4,763 | -€15,454 | -76.4% |
| Other operating charges | 640/8 | - | €490 | +€490 | |
| Gross operating margin | 9900 | €113,193 | €125,956 | +€12,763 | +11.3% |
| Operating profit (loss) | 9901 | €113,193 | €125,466 | +€12,273 | +10.8% |
| Financial income | 75/76B | €50 | €2,599 | +€2,549 | +5,098% |
| Recurring financial income | 75 | €50 | €2,599 | +€2,549 | +5,098% |
| Financial charges | 65/66B | €9,999 | €7,935 | -€2,064 | -20.6% |
| Recurring financial charges | 65 | €9,999 | €7,935 | -€2,064 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €103,244 | €120,130 | +€16,886 | +16.4% |
| Income taxes | 67/77 | - | €30,032 | +€30,032 | |
| Profit (loss) for the period | 9904 | €103,244 | €90,098 | -€13,146 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €103,244 | €90,098 | -€13,146 | -12.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.