HOLDING TIMEZIO: 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.
HOLDING TIMEZIO
Largest movements
- Tangible fixed assets -€18,461
down €18,461 (-3.9%), from €478,521 to €460,060
- Debts after one year -€45,764
down €45,764 (-10.1%), from €454,891 to €409,127
- Other debts +€21,821
up €21,821 (+35.0%), from €62,417 to €84,238
- Gross operating margin +€1,936
up €1,936 (+5.7%), from €33,981 to €35,917
- Other operating charges +€885
up €885 (+174%), from €508 to €1,393
- Financial charges -€798
down €798 (-5.9%), from €13,516 to €12,718
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 | €680,949 | €662,495 | -€18,454 | -2.7% |
| Fixed assets | 21/28 | €680,921 | €662,460 | -€18,461 | -2.7% |
| Tangible fixed assets | 22/27 | €478,521 | €460,060 | -€18,461 | -3.9% |
| Land and buildings | 22 | €478,521 | €460,060 | -€18,461 | -3.9% |
| Financial fixed assets | 28 | €202,400 | €202,400 | = | 0.0% |
| Current assets | 29/58 | €28 | €35 | +€7 | +23.8% |
| Cash at bank and in hand | 54/58 | €28 | €35 | +€7 | +23.8% |
| Total equity and liabilities | 10/49 | €680,949 | €662,495 | -€18,454 | -2.7% |
| Equity | 10/15 | €114,049 | €117,394 | +€3,345 | +2.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,951 | -€2,606 | +€3,345 | +56.2% |
| Amounts payable | 17/49 | €566,899 | €545,100 | -€21,799 | -3.8% |
| Amounts payable after more than one year | 17 | €454,891 | €409,127 | -€45,764 | -10.1% |
| Financial debts | 170/4 | €454,891 | €409,127 | -€45,764 | -10.1% |
| Amounts payable within one year | 42/48 | €111,053 | €135,099 | +€24,046 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €48,478 | €49,533 | +€1,055 | +2.2% |
| Trade debts | 44 | €157 | €1,327 | +€1,170 | +745% |
| Suppliers | 440/4 | €157 | €1,327 | +€1,170 | +745% |
| Other amounts payable | 47/48 | €62,417 | €84,238 | +€21,821 | +35.0% |
| Accrued charges and deferred income | 492/3 | €956 | €874 | -€81 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,461 | €18,461 | = | 0.0% |
| Other operating charges | 640/8 | €508 | €1,393 | +€885 | +174% |
| Gross operating margin | 9900 | €33,981 | €35,917 | +€1,936 | +5.7% |
| Operating profit (loss) | 9901 | €15,012 | €16,063 | +€1,051 | +7.0% |
| Financial charges | 65/66B | €13,516 | €12,718 | -€798 | -5.9% |
| Recurring financial charges | 65 | €13,516 | €12,718 | -€798 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €1,496 | €3,345 | +€1,849 | +124% |
| Profit (loss) for the period | 9904 | €1,496 | €3,345 | +€1,849 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €1,496 | €3,345 | +€1,849 | +124% |
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 31 October 2026 via checked.be.