TIM COOLS: what changed
Two fiscal 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 COOLS
Largest movements
- Cash +€78,185
up €78,185 (+97.6%), from €80,090 to €158,274
mainly Net result for the year (+€74,399) and Depreciation (+€15,734)
- Tangible fixed assets -€15,734
down €15,734 (-12.0%), from €131,417 to €115,683
of which Furniture and vehicles: -€11,454
- Receivables within one year -€7,392
down €7,392 (-19.2%), from €38,420 to €31,028
- Reserves +€55,999
up €55,999 (+28.9%), from €193,755 to €249,754
- Other debts +€10,450
up €10,450 (+131.4%), from €7,950 to €18,400
- Debts after one year -€7,624
down €7,624 (-49.1%), from €15,515 to €7,890
- Gross operating margin +€33,172
up €33,172 (+37.3%), from €88,941 to €122,113
- Taxes +€10,382
up €10,382 (+52.1%), from €19,927 to €30,309
- Depreciation -€2,012
down €2,012 (-11.3%), from €17,745 to €15,734
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,718 | €309,494 | +€57,777 | +23.0% |
| Fixed assets | 21/28 | €131,417 | €115,683 | -€15,734 | -12.0% |
| Tangible fixed assets | 22/27 | €131,417 | €115,683 | -€15,734 | -12.0% |
| Land and buildings | 22 | €85,538 | €82,491 | -€3,047 | -3.6% |
| Plant, machinery and equipment | 23 | €3,058 | €1,825 | -€1,233 | -40.3% |
| Furniture and vehicles | 24 | €42,821 | €31,368 | -€11,454 | -26.7% |
| Current assets | 29/58 | €120,301 | €193,811 | +€73,510 | +61.1% |
| Amounts receivable within one year | 40/41 | €38,420 | €31,028 | -€7,392 | -19.2% |
| Trade receivables | 40 | €38,420 | €31,028 | -€7,392 | -19.2% |
| Cash at bank and in hand | 54/58 | €80,090 | €158,274 | +€78,185 | +97.6% |
| Deferred charges and accrued income | 490/1 | €1,791 | €4,508 | +€2,717 | +151.7% |
| Total equity and liabilities | 10/49 | €251,718 | €309,494 | +€57,777 | +23.0% |
| Equity | 10/15 | €198,755 | €254,754 | +€55,999 | +28.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €193,755 | €249,754 | +€55,999 | +28.9% |
| Distributable reserves | 133 | €193,755 | €249,754 | +€55,999 | +28.9% |
| Provisions and deferred taxes | 16 | €8,689 | €8,689 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,689 | €8,689 | = | 0.0% |
| Pensions and similar obligations | 160 | €8,689 | €8,689 | = | 0.0% |
| Amounts payable | 17/49 | €44,274 | €46,051 | +€1,777 | +4.0% |
| Amounts payable after more than one year | 17 | €15,515 | €7,890 | -€7,624 | -49.1% |
| Financial debts | 170/4 | €15,515 | €7,890 | -€7,624 | -49.1% |
| Amounts payable within one year | 42/48 | €28,759 | €38,161 | +€9,402 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €7,367 | €7,624 | +€257 | +3.5% |
| Trade debts | 44 | €1,635 | €906 | -€730 | -44.6% |
| Suppliers | 440/4 | €1,635 | €906 | -€730 | -44.6% |
| Taxes, remuneration and social security | 45 | €11,807 | €11,231 | -€576 | -4.9% |
| Taxes | 450/3 | €9,734 | €10,657 | +€923 | +9.5% |
| Remuneration and social security | 454/9 | €2,073 | €574 | -€1,499 | -72.3% |
| Other amounts payable | 47/48 | €7,950 | €18,400 | +€10,450 | +131.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,745 | €15,734 | -€2,012 | -11.3% |
| Other operating charges | 640/8 | €946 | €976 | +€30 | +3.2% |
| Gross operating margin | 9900 | €88,941 | €122,113 | +€33,172 | +37.3% |
| Operating profit (loss) | 9901 | €70,250 | €105,403 | +€35,153 | +50.0% |
| Financial income | 75/76B | €132 | €139 | +€7 | +5.3% |
| Recurring financial income | 75 | €132 | €139 | +€7 | +5.3% |
| Financial charges | 65/66B | €1,042 | €835 | -€207 | -19.9% |
| Recurring financial charges | 65 | €1,042 | €835 | -€207 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €69,341 | €104,708 | +€35,368 | +51.0% |
| Income taxes | 67/77 | €19,927 | €30,309 | +€10,382 | +52.1% |
| Profit (loss) for the period | 9904 | €49,414 | €74,399 | +€24,985 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,414 | €74,399 | +€24,985 | +50.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.