TIJMED: 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.
TIJMED
Largest movements
- Tangible fixed assets +€32,057
up €32,057 (+496%), from €6,459 to €38,515
- Cash -€7,921
down €7,921 (-43.5%), from €18,208 to €10,287
mainly Investment in fixed assets (net) (-€48,769) and Trade debts (-€2,960)
- Financial fixed assets +€5,000
up €5,000 (+23.0%), from €21,700 to €26,700
- Receivables within one year +€2,241
up €2,241 (+91.0%), from €2,463 to €4,703
of which Other amounts receivable: +€4,703
- Profit (loss) carried forward +€31,172
up €31,172 (+66.2%), from -€47,102 to -€15,930
- Tax, wage and social debts +€5,416
up €5,416 (+34.8%), from €15,543 to €20,960
of which Taxes: +€6,825
- Trade debts -€2,960
down €2,960 (-27.7%), from €10,687 to €7,727
- Other debts -€2,421
down €2,421 (-4.6%), from €52,225 to €49,804
- Gross operating margin +€81,892
up €81,892 (+217%), from €37,695 to €119,587
- Staff costs +€60,367
up €60,367 (+497%), from €12,149 to €72,515
- Depreciation +€8,154
up €8,154 (+229%), from €3,559 to €11,713
- Other operating charges +€3,577
up €3,577 (+867%), from €413 to €3,989
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 | €49,954 | €81,162 | +€31,208 | +62.5% |
| Fixed assets | 21/28 | €28,159 | €65,215 | +€37,057 | +132% |
| Tangible fixed assets | 22/27 | €6,459 | €38,515 | +€32,057 | +496% |
| Furniture and vehicles | 24 | €6,459 | €38,515 | +€32,057 | +496% |
| Financial fixed assets | 28 | €21,700 | €26,700 | +€5,000 | +23.0% |
| Current assets | 29/58 | €21,795 | €15,946 | -€5,849 | -26.8% |
| Stocks and contracts in progress | 3 | €960 | €956 | -€3 | -0.4% |
| Stocks | 30/36 | €960 | €956 | -€3 | -0.4% |
| Amounts receivable within one year | 40/41 | €2,463 | €4,703 | +€2,241 | +91.0% |
| Trade receivables | 40 | €2,463 | €0 | -€2,463 | -100% |
| Other amounts receivable | 41 | - | €4,703 | +€4,703 | |
| Cash at bank and in hand | 54/58 | €18,208 | €10,287 | -€7,921 | -43.5% |
| Deferred charges and accrued income | 490/1 | €165 | - | -€165 | |
| Total equity and liabilities | 10/49 | €49,954 | €81,162 | +€31,208 | +62.5% |
| Equity | 10/15 | -€28,502 | €2,670 | +€31,172 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,102 | -€15,930 | +€31,172 | +66.2% |
| Amounts payable | 17/49 | €78,456 | €78,491 | +€36 | 0.0% |
| Amounts payable within one year | 42/48 | €78,456 | €78,491 | +€36 | 0.0% |
| Trade debts | 44 | €10,687 | €7,727 | -€2,960 | -27.7% |
| Suppliers | 440/4 | €10,687 | €7,727 | -€2,960 | -27.7% |
| Taxes, remuneration and social security | 45 | €15,543 | €20,960 | +€5,416 | +34.8% |
| Taxes | 450/3 | €9,735 | €16,559 | +€6,825 | +70.1% |
| Remuneration and social security | 454/9 | €5,809 | €4,400 | -€1,408 | -24.2% |
| Other amounts payable | 47/48 | €52,225 | €49,804 | -€2,421 | -4.6% |
| Remuneration, social security and pensions | 62 | €12,149 | €72,515 | +€60,367 | +497% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,559 | €11,713 | +€8,154 | +229% |
| Other operating charges | 640/8 | €413 | €3,989 | +€3,577 | +867% |
| Non-recurring operating charges | 66A | €2,711 | - | -€2,711 | |
| Gross operating margin | 9900 | €37,695 | €119,587 | +€81,892 | +217% |
| Operating profit (loss) | 9901 | €18,864 | €31,369 | +€12,505 | +66.3% |
| Financial charges | 65/66B | €137 | €197 | +€60 | +44.1% |
| Recurring financial charges | 65 | €137 | €197 | +€60 | +44.1% |
| Profit (loss) for the period before taxes | 9903 | €18,727 | €31,172 | +€12,445 | +66.5% |
| Profit (loss) for the period | 9904 | €18,727 | €31,172 | +€12,445 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,727 | €31,172 | +€12,445 | +66.5% |
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 17 October 2026 via checked.be.