TIM Architecture: 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.
TIM Architecture
Largest movements
- Receivables within one year +€40,836
up €40,836 (+45.1%), from €90,452 to €131,288
of which Trade receivables: +€24,100
- Cash -€14,295
down €14,295 (-22.6%), from €63,316 to €49,020
mainly Receivables within one year (-€40,836) and Tax, wage and social debts (-€15,390)
- Tangible fixed assets -€7,622
down €7,622 (-42.6%), from €17,903 to €10,281
- Deferred charges and accrued income -€4,275
down €4,275 (-77.2%), from €5,539 to €1,264
- Reserves +€30,691
up €30,691 (+25.9%), from €118,702 to €149,393
- Tax, wage and social debts -€15,390
down €15,390 (-35.5%), from €43,363 to €27,972
- Trade debts +€5,321
up €5,321 (+119%), from €4,459 to €9,779
- Current portion of long-term debt -€3,811
down €3,811 (-58.6%), from €6,505 to €2,694
- Debts after one year -€2,694
no longer reported in 2025 (was €2,694)
- Gross operating margin +€24,807
up €24,807 (+89.8%), from €27,609 to €52,416
- Taxes +€9,857
up €9,857 (+140%), from €7,036 to €16,893
- Financial income +€1,250
up €1,250 (+38.1%), from €3,277 to €4,527
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 | €179,059 | €193,174 | +€14,116 | +7.9% |
| Fixed assets | 21/28 | €19,753 | €11,602 | -€8,151 | -41.3% |
| Intangible fixed assets | 21 | €1,850 | €1,321 | -€529 | -28.6% |
| Tangible fixed assets | 22/27 | €17,903 | €10,281 | -€7,622 | -42.6% |
| Furniture and vehicles | 24 | €17,903 | €10,281 | -€7,622 | -42.6% |
| Current assets | 29/58 | €159,306 | €181,572 | +€22,266 | +14.0% |
| Amounts receivable within one year | 40/41 | €90,452 | €131,288 | +€40,836 | +45.1% |
| Trade receivables | 40 | €24,118 | €48,218 | +€24,100 | +99.9% |
| Other amounts receivable | 41 | €66,334 | €83,070 | +€16,736 | +25.2% |
| Cash at bank and in hand | 54/58 | €63,316 | €49,020 | -€14,295 | -22.6% |
| Deferred charges and accrued income | 490/1 | €5,539 | €1,264 | -€4,275 | -77.2% |
| Total equity and liabilities | 10/49 | €179,059 | €193,174 | +€14,116 | +7.9% |
| Equity | 10/15 | €121,702 | €152,393 | +€30,691 | +25.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €118,702 | €149,393 | +€30,691 | +25.9% |
| Distributable reserves | 133 | €118,702 | €149,393 | +€30,691 | +25.9% |
| Amounts payable | 17/49 | €57,357 | €40,781 | -€16,575 | -28.9% |
| Amounts payable after more than one year | 17 | €2,694 | - | -€2,694 | |
| Financial debts | 170/4 | €2,694 | - | -€2,694 | |
| Amounts payable within one year | 42/48 | €54,327 | €40,446 | -€13,881 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €6,505 | €2,694 | -€3,811 | -58.6% |
| Trade debts | 44 | €4,459 | €9,779 | +€5,321 | +119% |
| Suppliers | 440/4 | €4,459 | €9,779 | +€5,321 | +119% |
| Taxes, remuneration and social security | 45 | €43,363 | €27,972 | -€15,390 | -35.5% |
| Taxes | 450/3 | €43,363 | €27,972 | -€15,390 | -35.5% |
| Accrued charges and deferred income | 492/3 | €335 | €335 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,872 | €8,151 | +€278 | +3.5% |
| Other operating charges | 640/8 | €1,246 | €806 | -€440 | -35.3% |
| Gross operating margin | 9900 | €27,609 | €52,416 | +€24,807 | +89.8% |
| Operating profit (loss) | 9901 | €18,491 | €43,460 | +€24,969 | +135% |
| Financial income | 75/76B | €3,277 | €4,527 | +€1,250 | +38.1% |
| Recurring financial income | 75 | €3,277 | €4,527 | +€1,250 | +38.1% |
| Financial charges | 65/66B | €519 | €403 | -€116 | -22.3% |
| Recurring financial charges | 65 | €519 | €403 | -€116 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €21,249 | €47,584 | +€26,335 | +124% |
| Income taxes | 67/77 | €7,036 | €16,893 | +€9,857 | +140% |
| Profit (loss) for the period | 9904 | €14,213 | €30,691 | +€16,478 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €14,213 | €30,691 | +€16,478 | +116% |
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 16 October 2026 via checked.be.