Jacques Timmerman Architects: 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.
Jacques Timmerman Architects
Largest movements
- Cash -€43,254
down €43,254 (-55.9%), from €77,388 to €34,134
mainly Net result for the year (-€55,164) and Other debts (-€1,606)
- Receivables within one year -€9,009
down €9,009 (-53.7%), from €16,783 to €7,773
of which Other amounts receivable: -€6,207
- Profit (loss) carried forward -€55,164
down €55,164 (-62.7%), from -€88,006 to -€143,170
- Trade debts +€3,130
up €3,130 (+201%), from €1,556 to €4,686
- Gross operating margin +€3,593
up €3,593 (+6.7%), from -€53,500 to -€49,907
- Financial income -€2,736
down €2,736 (-100.0%), from €2,736 to €0
- Depreciation -€1,281
down €1,281 (-55.2%), from €2,319 to €1,038
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 | €214,077 | €160,775 | -€53,302 | -24.9% |
| Fixed assets | 21/28 | €11,906 | €10,868 | -€1,038 | -8.7% |
| Tangible fixed assets | 22/27 | €11,906 | €10,868 | -€1,038 | -8.7% |
| Furniture and vehicles | 24 | €1,406 | €368 | -€1,038 | -73.8% |
| Other tangible fixed assets | 26 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €202,171 | €149,907 | -€52,264 | -25.9% |
| Amounts receivable after more than one year | 29 | €108,000 | €108,000 | = | 0.0% |
| Other amounts receivable | 291 | €108,000 | €108,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,783 | €7,773 | -€9,009 | -53.7% |
| Trade receivables | 40 | €5,672 | €2,869 | -€2,802 | -49.4% |
| Other amounts receivable | 41 | €11,111 | €4,904 | -€6,207 | -55.9% |
| Cash at bank and in hand | 54/58 | €77,388 | €34,134 | -€43,254 | -55.9% |
| Total equity and liabilities | 10/49 | €214,077 | €160,775 | -€53,302 | -24.9% |
| Equity | 10/15 | €186,527 | €131,363 | -€55,164 | -29.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €262,133 | €262,133 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €260,273 | €260,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,006 | -€143,170 | -€55,164 | -62.7% |
| Amounts payable | 17/49 | €27,551 | €29,413 | +€1,862 | +6.8% |
| Amounts payable within one year | 42/48 | €27,551 | €29,413 | +€1,862 | +6.8% |
| Trade debts | 44 | €1,556 | €4,686 | +€3,130 | +201% |
| Suppliers | 440/4 | €1,556 | €4,686 | +€3,130 | +201% |
| Taxes, remuneration and social security | 45 | €0 | €339 | +€339 | |
| Taxes | 450/3 | €0 | €339 | +€339 | |
| Other amounts payable | 47/48 | €25,995 | €24,388 | -€1,606 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,319 | €1,038 | -€1,281 | -55.2% |
| Other operating charges | 640/8 | €1,216 | €1,555 | +€339 | +27.9% |
| Gross operating margin | 9900 | -€53,500 | -€49,907 | +€3,593 | +6.7% |
| Operating profit (loss) | 9901 | -€57,036 | -€52,501 | +€4,535 | +8.0% |
| Financial income | 75/76B | €2,736 | €0 | -€2,736 | -100.0% |
| Recurring financial income | 75 | €2,736 | €0 | -€2,736 | -100.0% |
| Financial charges | 65/66B | €2,717 | €2,325 | -€392 | -14.4% |
| Recurring financial charges | 65 | €2,717 | €2,325 | -€392 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,017 | -€54,825 | +€2,191 | +3.8% |
| Income taxes | 67/77 | €319 | €339 | +€20 | +6.3% |
| Profit (loss) for the period | 9904 | -€57,335 | -€55,164 | +€2,171 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,335 | -€55,164 | +€2,171 | +3.8% |
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.