TIM CLOCKAERTS CONSULTING: 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 CLOCKAERTS CONSULTING
Largest movements
- Cash -€90,828
down €90,828 (-37.5%), from €242,464 to €151,636
mainly Contributions, distributions and other (-€267,899) and Investment in fixed assets (net) (-€62,219)
- Tangible fixed assets +€40,777
up €40,777 (+14.3%), from €285,312 to €326,089
of which Furniture and vehicles: +€40,203
- Receivables within one year +€6,626
up €6,626 (+9.2%), from €71,912 to €78,537
of which Other amounts receivable: +€3,717
- Other debts +€138,864
up €138,864 (+96,080%), from €145 to €139,009
- Reserves -€128,890
down €128,890 (-40.7%), from €316,821 to €187,930
- Trade debts -€22,387
down €22,387 (-97.3%), from €23,016 to €628
- Tax, wage and social debts -€18,834
down €18,834 (-42.7%), from €44,080 to €25,246
- Debts after one year -€12,167
down €12,167 (-6.1%), from €198,532 to €186,365
- Depreciation +€11,406
up €11,406 (+114%), from €10,036 to €21,442
- Taxes -€11,141
down €11,141 (-19.6%), from €56,934 to €45,792
- Gross operating margin +€9,999
up €9,999 (+4.9%), from €205,069 to €215,068
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 | €602,168 | €559,246 | -€42,922 | -7.1% |
| Fixed assets | 21/28 | €285,312 | €326,089 | +€40,777 | +14.3% |
| Tangible fixed assets | 22/27 | €285,312 | €326,089 | +€40,777 | +14.3% |
| Land and buildings | 22 | €236,470 | €230,328 | -€6,142 | -2.6% |
| Furniture and vehicles | 24 | €12,699 | €52,901 | +€40,203 | +317% |
| Other tangible fixed assets | 26 | €36,144 | €42,860 | +€6,716 | +18.6% |
| Current assets | 29/58 | €316,856 | €233,157 | -€83,699 | -26.4% |
| Amounts receivable within one year | 40/41 | €71,912 | €78,537 | +€6,626 | +9.2% |
| Trade receivables | 40 | €71,909 | €74,817 | +€2,908 | +4.0% |
| Other amounts receivable | 41 | €3 | €3,720 | +€3,717 | +147,514% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €242,464 | €151,636 | -€90,828 | -37.5% |
| Deferred charges and accrued income | 490/1 | €2,481 | €2,984 | +€503 | +20.3% |
| Total equity and liabilities | 10/49 | €602,168 | €559,246 | -€42,922 | -7.1% |
| Equity | 10/15 | €324,321 | €195,430 | -€128,890 | -39.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €316,821 | €187,930 | -€128,890 | -40.7% |
| Distributable reserves | 133 | €316,821 | €187,930 | -€128,890 | -40.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €277,848 | €363,816 | +€85,968 | +30.9% |
| Amounts payable after more than one year | 17 | €198,532 | €186,365 | -€12,167 | -6.1% |
| Financial debts | 170/4 | €198,532 | €186,365 | -€12,167 | -6.1% |
| Amounts payable within one year | 42/48 | €79,316 | €177,451 | +€98,135 | +124% |
| Current portion of amounts payable after more than one year | 42 | €11,672 | €12,167 | +€495 | +4.2% |
| Financial debts | 43 | €402 | €401 | -€2 | -0.4% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €402 | €401 | -€2 | -0.4% |
| Trade debts | 44 | €23,016 | €628 | -€22,387 | -97.3% |
| Suppliers | 440/4 | €23,016 | €628 | -€22,387 | -97.3% |
| Taxes, remuneration and social security | 45 | €44,080 | €25,246 | -€18,834 | -42.7% |
| Taxes | 450/3 | €44,080 | €25,246 | -€18,834 | -42.7% |
| Other amounts payable | 47/48 | €145 | €139,009 | +€138,864 | +96,080% |
| Remuneration, social security and pensions | 62 | €1,000 | €750 | -€250 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,036 | €21,442 | +€11,406 | +114% |
| Other operating charges | 640/8 | €2,034 | €2,133 | +€99 | +4.8% |
| Non-recurring operating charges | 66A | - | €502 | +€502 | |
| Gross operating margin | 9900 | €205,069 | €215,068 | +€9,999 | +4.9% |
| Operating profit (loss) | 9901 | €191,999 | €190,241 | -€1,758 | -0.9% |
| Financial income | 75/76B | €3,985 | €4,076 | +€91 | +2.3% |
| Recurring financial income | 75 | €3,985 | €4,076 | +€91 | +2.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €10,160 | €9,516 | -€643 | -6.3% |
| Recurring financial charges | 65 | €10,160 | €9,516 | -€643 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €185,824 | €184,801 | -€1,023 | -0.6% |
| Income taxes | 67/77 | €56,934 | €45,792 | -€11,141 | -19.6% |
| Profit (loss) for the period | 9904 | €128,890 | €139,009 | +€10,119 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €128,890 | €139,009 | +€10,119 | +7.9% |
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 20 October 2026 via checked.be.