TIM Consult: 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 Consult
Largest movements
- Tangible fixed assets -€35,183
down €35,183 (-5.8%), from €602,820 to €567,638
of which Land and buildings: -€30,400
- Cash +€31,496
up €31,496 (+288.0%), from €10,937 to €42,434
mainly Net result for the year (+€49,001) and Depreciation (+€38,842)
- Receivables within one year +€29,438
up €29,438 (+8.0%), from €366,081 to €395,518
of which Trade receivables: +€26,638
- Profit (loss) carried forward +€49,001
up €49,001 (+15.4%), from €319,172 to €368,173
- Debts after one year -€28,521
down €28,521 (-14.4%), from €198,630 to €170,109
- Trade debts +€14,606
up €14,606 (+136.0%), from €10,740 to €25,346
- Other debts -€14,256
down €14,256 (-10.8%), from €132,360 to €118,104
- Other operating charges -€34,437
down €34,437 (-83.0%), from €41,488 to €7,051
- Gross operating margin -€31,845
down €31,845 (-20.1%), from €158,518 to €126,673
- Financial charges +€4,150
up €4,150 (+42.7%), from €9,709 to €13,858
- Taxes -€1,705
down €1,705 (-8.7%), from €19,659 to €17,954
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.
Cash bridge derived
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 | €979,963 | €1,005,714 | +€25,751 | +2.6% |
| Fixed assets | 21/28 | €602,945 | €567,763 | -€35,183 | -5.8% |
| Tangible fixed assets | 22/27 | €602,820 | €567,638 | -€35,183 | -5.8% |
| Land and buildings | 22 | €565,895 | €535,495 | -€30,400 | -5.4% |
| Plant, machinery and equipment | 23 | €5,309 | €3,875 | -€1,434 | -27.0% |
| Furniture and vehicles | 24 | €3,148 | €1,630 | -€1,518 | -48.2% |
| Other tangible fixed assets | 26 | €28,469 | €26,638 | -€1,831 | -6.4% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €377,018 | €437,952 | +€60,934 | +16.2% |
| Amounts receivable within one year | 40/41 | €366,081 | €395,518 | +€29,438 | +8.0% |
| Trade receivables | 40 | €46,296 | €72,933 | +€26,638 | +57.5% |
| Other amounts receivable | 41 | €319,785 | €322,585 | +€2,800 | +0.9% |
| Cash at bank and in hand | 54/58 | €10,937 | €42,434 | +€31,496 | +288.0% |
| Total equity and liabilities | 10/49 | €979,963 | €1,005,714 | +€25,751 | +2.6% |
| Equity | 10/15 | €582,569 | €631,569 | +€49,001 | +8.4% |
| Contributions | 10/11 | €152,700 | €152,700 | = | 0.0% |
| Reserves | 13 | €110,697 | €110,697 | = | 0.0% |
| Distributable reserves | 133 | €110,697 | €110,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €319,172 | €368,173 | +€49,001 | +15.4% |
| Amounts payable | 17/49 | €397,394 | €374,145 | -€23,249 | -5.9% |
| Amounts payable after more than one year | 17 | €198,630 | €170,109 | -€28,521 | -14.4% |
| Financial debts | 170/4 | €198,630 | €170,109 | -€28,521 | -14.4% |
| Amounts payable within one year | 42/48 | €198,765 | €204,036 | +€5,272 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €28,374 | €28,521 | +€147 | +0.5% |
| Trade debts | 44 | €10,740 | €25,346 | +€14,606 | +136.0% |
| Suppliers | 440/4 | €10,740 | €25,346 | +€14,606 | +136.0% |
| Taxes, remuneration and social security | 45 | €27,291 | €32,065 | +€4,774 | +17.5% |
| Taxes | 450/3 | €27,291 | €32,065 | +€4,774 | +17.5% |
| Other amounts payable | 47/48 | €132,360 | €118,104 | -€14,256 | -10.8% |
| Non-recurring operating income | 76A | €111,424 | - | -€111,424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,076 | €38,842 | +€766 | +2.0% |
| Other operating charges | 640/8 | €41,488 | €7,051 | -€34,437 | -83.0% |
| Gross operating margin | 9900 | €158,518 | €126,673 | -€31,845 | -20.1% |
| Operating profit (loss) | 9901 | €78,954 | €80,780 | +€1,826 | +2.3% |
| Financial income | 75/76B | €219 | €33 | -€186 | -85.1% |
| Recurring financial income | 75 | €219 | €33 | -€186 | -85.1% |
| Financial charges | 65/66B | €9,709 | €13,858 | +€4,150 | +42.7% |
| Recurring financial charges | 65 | €9,709 | €13,858 | +€4,150 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €69,464 | €66,954 | -€2,510 | -3.6% |
| Income taxes | 67/77 | €19,659 | €17,954 | -€1,705 | -8.7% |
| Profit (loss) for the period | 9904 | €49,805 | €49,001 | -€805 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,805 | €49,001 | -€805 | -1.6% |
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 9 October 2026 via checked.be.