De Boes Timmy: 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.
De Boes Timmy
Largest movements
- Tangible fixed assets -€12,713
down €12,713 (-39.1%), from €32,514 to €19,801
- Cash +€6,684
up €6,684 (+129%), from €5,163 to €11,847
mainly Depreciation (+€12,713) and Trade debts (+€8,522)
- Trade debts +€8,522
up €8,522 (+195%), from €4,362 to €12,884
- Debts after one year -€6,049
down €6,049 (-24.7%), from €24,448 to €18,399
- Profit (loss) carried forward -€6,000
down €6,000 (-665%), from -€903 to -€6,903
- Tax, wage and social debts -€2,241
down €2,241 (-86.5%), from €2,590 to €349
of which Remuneration and social security: -€2,504
- Accrued charges and deferred income -€785
down €785 (-100%), from €785 to €0
- Depreciation +€8,339
up €8,339 (+191%), from €4,375 to €12,713
- Gross operating margin +€5,334
up €5,334 (+119%), from €4,465 to €9,799
- Financial charges +€2,026
up €2,026 (+1,526%), from €133 to €2,159
- Other operating charges +€491
up €491 (+67.6%), from €727 to €1,218
- Staff costs -€400
down €400 (-100%), from €400 to €0
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.
Derived cash bridge
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 | €51,934 | €46,043 | -€5,891 | -11.3% |
| Fixed assets | 21/28 | €32,514 | €19,801 | -€12,713 | -39.1% |
| Tangible fixed assets | 22/27 | €32,514 | €19,801 | -€12,713 | -39.1% |
| Furniture and vehicles | 24 | €32,514 | €19,801 | -€12,713 | -39.1% |
| Current assets | 29/58 | €19,420 | €26,242 | +€6,822 | +35.1% |
| Amounts receivable within one year | 40/41 | €11,527 | €11,554 | +€27 | +0.2% |
| Trade receivables | 40 | €5,209 | €0 | -€5,209 | -100% |
| Other amounts receivable | 41 | €6,318 | €11,554 | +€5,237 | +82.9% |
| Cash at bank and in hand | 54/58 | €5,163 | €11,847 | +€6,684 | +129% |
| Deferred charges and accrued income | 490/1 | €2,730 | €2,841 | +€111 | +4.1% |
| Total equity and liabilities | 10/49 | €51,934 | €46,043 | -€5,891 | -11.3% |
| Equity | 10/15 | €14,362 | €8,363 | -€6,000 | -41.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,765 | €12,765 | = | 0.0% |
| Distributable reserves | 133 | €12,765 | €12,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€903 | -€6,903 | -€6,000 | -665% |
| Amounts payable | 17/49 | €37,571 | €37,680 | +€109 | +0.3% |
| Amounts payable after more than one year | 17 | €24,448 | €18,399 | -€6,049 | -24.7% |
| Financial debts | 170/4 | €24,448 | €18,399 | -€6,049 | -24.7% |
| Amounts payable within one year | 42/48 | €12,339 | €19,281 | +€6,943 | +56.3% |
| Current portion of amounts payable after more than one year | 42 | €5,387 | €6,049 | +€661 | +12.3% |
| Trade debts | 44 | €4,362 | €12,884 | +€8,522 | +195% |
| Suppliers | 440/4 | €4,362 | €12,884 | +€8,522 | +195% |
| Taxes, remuneration and social security | 45 | €2,590 | €349 | -€2,241 | -86.5% |
| Taxes | 450/3 | €86 | €349 | +€263 | +306% |
| Remuneration and social security | 454/9 | €2,504 | €0 | -€2,504 | -100% |
| Accrued charges and deferred income | 492/3 | €785 | €0 | -€785 | -100% |
| Remuneration, social security and pensions | 62 | €400 | €0 | -€400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,375 | €12,713 | +€8,339 | +191% |
| Other operating charges | 640/8 | €727 | €1,218 | +€491 | +67.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,465 | €9,799 | +€5,334 | +119% |
| Operating profit (loss) | 9901 | -€1,036 | -€4,132 | -€3,095 | -299% |
| Financial income | 75/76B | €290 | €400 | +€110 | +38.0% |
| Recurring financial income | 75 | €290 | €400 | +€110 | +38.0% |
| Financial charges | 65/66B | €133 | €2,159 | +€2,026 | +1,526% |
| Recurring financial charges | 65 | €133 | €2,159 | +€2,026 | +1,526% |
| Profit (loss) for the period before taxes | 9903 | -€879 | -€5,891 | -€5,012 | -570% |
| Income taxes | 67/77 | €24 | €109 | +€85 | +360% |
| Profit (loss) for the period | 9904 | -€903 | -€6,000 | -€5,097 | -565% |
| Profit (loss) for the period to be appropriated | 9905 | -€903 | -€6,000 | -€5,097 | -565% |
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 29 October 2026 via checked.be.