NOUTERS TIM: 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.
NOUTERS TIM
Largest movements
- Cash +€29,337
up €29,337 (+66.2%), from €44,317 to €73,655
mainly Depreciation (+€23,480) and Receivables within one year (+€6,102)
- Tangible fixed assets -€23,480
down €23,480 (-11.2%), from €210,179 to €186,698
- Receivables within one year -€6,102
down €6,102 (-39.0%), from €15,649 to €9,547
of which Trade receivables: -€7,009
- Debts after one year -€9,891
down €9,891 (-6.4%), from €155,004 to €145,113
- Tax, wage and social debts +€4,009
up €4,009 (+123%), from €3,255 to €7,264
of which Remuneration and social security: +€4,000
- Trade debts +€3,363
up €3,363 (+1,163%), from €289 to €3,652
- Gross operating margin +€2,400
up €2,400 (+9.1%), from €26,494 to €28,894
- Depreciation +€507
up €507 (+2.2%), from €22,973 to €23,480
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 | €271,487 | €272,890 | +€1,402 | +0.5% |
| Fixed assets | 21/28 | €210,179 | €186,698 | -€23,480 | -11.2% |
| Tangible fixed assets | 22/27 | €210,179 | €186,698 | -€23,480 | -11.2% |
| Land and buildings | 22 | €147,637 | €140,917 | -€6,720 | -4.6% |
| Plant, machinery and equipment | 23 | €21,399 | €15,292 | -€6,107 | -28.5% |
| Furniture and vehicles | 24 | €41,142 | €30,489 | -€10,654 | -25.9% |
| Current assets | 29/58 | €61,308 | €86,191 | +€24,883 | +40.6% |
| Amounts receivable within one year | 40/41 | €15,649 | €9,547 | -€6,102 | -39.0% |
| Trade receivables | 40 | €13,272 | €6,263 | -€7,009 | -52.8% |
| Other amounts receivable | 41 | €2,377 | €3,284 | +€907 | +38.1% |
| Cash at bank and in hand | 54/58 | €44,317 | €73,655 | +€29,337 | +66.2% |
| Deferred charges and accrued income | 490/1 | €1,342 | €2,989 | +€1,647 | +123% |
| Total equity and liabilities | 10/49 | €271,487 | €272,890 | +€1,402 | +0.5% |
| Equity | 10/15 | €98,427 | €100,683 | +€2,256 | +2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €88,427 | €90,683 | +€2,256 | +2.6% |
| Distributable reserves | 133 | €88,427 | €90,683 | +€2,256 | +2.6% |
| Amounts payable | 17/49 | €173,061 | €172,207 | -€854 | -0.5% |
| Amounts payable after more than one year | 17 | €155,004 | €145,113 | -€9,891 | -6.4% |
| Financial debts | 170/4 | €155,004 | €145,113 | -€9,891 | -6.4% |
| Amounts payable within one year | 42/48 | €18,057 | €27,094 | +€9,037 | +50.0% |
| Current portion of amounts payable after more than one year | 42 | €9,783 | €9,891 | +€108 | +1.1% |
| Trade debts | 44 | €289 | €3,652 | +€3,363 | +1,163% |
| Suppliers | 440/4 | €289 | €3,652 | +€3,363 | +1,163% |
| Taxes, remuneration and social security | 45 | €3,255 | €7,264 | +€4,009 | +123% |
| Taxes | 450/3 | €1,255 | €1,264 | +€9 | +0.7% |
| Remuneration and social security | 454/9 | €2,000 | €6,000 | +€4,000 | +200% |
| Other amounts payable | 47/48 | €4,730 | €6,287 | +€1,557 | +32.9% |
| Non-recurring operating income | 76A | €7,612 | €0 | -€7,612 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,973 | €23,480 | +€507 | +2.2% |
| Other operating charges | 640/8 | €1,812 | €1,706 | -€106 | -5.9% |
| Non-recurring operating charges | 66A | €6,191 | €0 | -€6,191 | -100% |
| Gross operating margin | 9900 | €26,494 | €28,894 | +€2,400 | +9.1% |
| Operating profit (loss) | 9901 | -€4,482 | €3,707 | +€8,190 | |
| Financial income | 75/76B | €14 | €3 | -€11 | -78.3% |
| Recurring financial income | 75 | €14 | €3 | -€11 | -78.3% |
| Financial charges | 65/66B | €1,574 | €1,454 | -€120 | -7.6% |
| Recurring financial charges | 65 | €1,574 | €1,454 | -€120 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,043 | €2,256 | +€8,299 | |
| Income taxes | 67/77 | €89 | €0 | -€89 | -100% |
| Profit (loss) for the period | 9904 | -€6,132 | €2,256 | +€8,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,132 | €2,256 | +€8,389 |
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 27 October 2026 via checked.be.