DAELEMANS TIM: 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.
DAELEMANS TIM
Largest movements
- Cash +€73,344
up €73,344 (+61.9%), from €118,481 to €191,826
mainly Depreciation (+€38,304) and Accrued charges and deferred income (+€20,832)
- Tangible fixed assets -€36,684
down €36,684 (-9.6%), from €382,662 to €345,978
of which Leasing and similar rights: -€20,468
- Stocks and contracts -€16,733
down €16,733 (-26.3%), from €63,735 to €47,003
- Receivables within one year -€16,109
down €16,109 (-64.8%), from €24,864 to €8,755
of which Trade receivables: -€14,366
- Debts after one year -€31,199
down €31,199 (-14.0%), from €222,064 to €190,865
- Accrued charges and deferred income +€20,832
up €20,832 (+243.0%), from €8,572 to €29,404
- Reserves +€11,049
up €11,049 (+9.6%), from €114,686 to €125,735
of which Distributable reserves: +€10,449
- Gross operating margin -€16,281
down €16,281 (-21.5%), from €75,853 to €59,572
- Depreciation +€5,347
up €5,347 (+16.2%), from €32,957 to €38,304
- Taxes -€5,192
down €5,192 (-51.0%), from €10,174 to €4,982
- Other operating charges -€4,140
down €4,140 (-55.1%), from €7,514 to €3,374
- Financial income -€3,000
down €3,000 (-51.1%), from €5,869 to €2,869
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 | €596,158 | €598,444 | +€2,286 | +0.4% |
| Fixed assets | 21/28 | €382,662 | €345,978 | -€36,684 | -9.6% |
| Tangible fixed assets | 22/27 | €382,662 | €345,978 | -€36,684 | -9.6% |
| Land and buildings | 22 | €311,760 | €303,397 | -€8,364 | -2.7% |
| Plant, machinery and equipment | 23 | €4,220 | €4,038 | -€182 | -4.3% |
| Furniture and vehicles | 24 | €14,063 | €6,394 | -€7,670 | -54.5% |
| Leasing and similar rights | 25 | €52,618 | €32,150 | -€20,468 | -38.9% |
| Current assets | 29/58 | €213,496 | €252,466 | +€38,970 | +18.3% |
| Stocks and contracts in progress | 3 | €63,735 | €47,003 | -€16,733 | -26.3% |
| Stocks | 30/36 | €63,735 | €47,003 | -€16,733 | -26.3% |
| Amounts receivable within one year | 40/41 | €24,864 | €8,755 | -€16,109 | -64.8% |
| Trade receivables | 40 | €19,524 | €5,158 | -€14,366 | -73.6% |
| Other amounts receivable | 41 | €5,340 | €3,597 | -€1,743 | -32.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €118,481 | €191,826 | +€73,344 | +61.9% |
| Deferred charges and accrued income | 490/1 | €6,415 | €4,882 | -€1,533 | -23.9% |
| Total equity and liabilities | 10/49 | €596,158 | €598,444 | +€2,286 | +0.4% |
| Equity | 10/15 | €314,686 | €325,735 | +€11,049 | +3.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €114,686 | €125,735 | +€11,049 | +9.6% |
| Non-distributable reserves | 130/1 | €6,201 | €6,801 | +€600 | +9.7% |
| Legal reserve | 130 | €6,201 | €6,801 | +€600 | +9.7% |
| Distributable reserves | 133 | €108,485 | €118,934 | +€10,449 | +9.6% |
| Amounts payable | 17/49 | €281,472 | €272,709 | -€8,762 | -3.1% |
| Amounts payable after more than one year | 17 | €222,064 | €190,865 | -€31,199 | -14.0% |
| Financial debts | 170/4 | €222,064 | €190,865 | -€31,199 | -14.0% |
| Amounts payable within one year | 42/48 | €50,835 | €52,440 | +€1,605 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €33,313 | €28,210 | -€5,103 | -15.3% |
| Trade debts | 44 | €14,858 | €20,473 | +€5,615 | +37.8% |
| Suppliers | 440/4 | €14,858 | €20,473 | +€5,615 | +37.8% |
| Taxes, remuneration and social security | 45 | €2,653 | €3,757 | +€1,105 | +41.7% |
| Taxes | 450/3 | €2,653 | €3,757 | +€1,105 | +41.7% |
| Other amounts payable | 47/48 | €12 | €0 | -€12 | -100.0% |
| Accrued charges and deferred income | 492/3 | €8,572 | €29,404 | +€20,832 | +243.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,957 | €38,304 | +€5,347 | +16.2% |
| Other operating charges | 640/8 | €7,514 | €3,374 | -€4,140 | -55.1% |
| Gross operating margin | 9900 | €75,853 | €59,572 | -€16,281 | -21.5% |
| Operating profit (loss) | 9901 | €35,382 | €17,894 | -€17,487 | -49.4% |
| Financial income | 75/76B | €5,869 | €2,869 | -€3,000 | -51.1% |
| Recurring financial income | 75 | €5,869 | €2,869 | -€3,000 | -51.1% |
| Financial charges | 65/66B | €4,550 | €4,733 | +€182 | +4.0% |
| Recurring financial charges | 65 | €4,550 | €4,733 | +€182 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €36,700 | €16,031 | -€20,670 | -56.3% |
| Income taxes | 67/77 | €10,174 | €4,982 | -€5,192 | -51.0% |
| Profit (loss) for the period | 9904 | €26,526 | €11,049 | -€15,477 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,526 | €11,049 | -€15,477 | -58.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.