TIM GRAND: 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 GRAND
Largest movements
- Stocks and contracts -€171,937
down €171,937 (-100.0%), from €171,937 to €0
- Cash +€126,999
up €126,999 (+761.5%), from €16,677 to €143,677
mainly Stocks and contracts (+€171,937) and Receivables within one year (+€88,436)
- Receivables within one year -€88,436
down €88,436 (-86.9%), from €101,723 to €13,287
of which Other amounts receivable: -€85,158
- Tangible fixed assets -€13,295
down €13,295 (-38.5%), from €34,512 to €21,218
of which Plant, machinery and equipment: -€10,282
- Deferred charges and accrued income +€8,216
up €8,216 (+33.5%), from €24,558 to €32,774
- Other debts -€211,475
down €211,475 (-87.0%), from €243,207 to €31,733
- Profit (loss) carried forward +€69,546
up €69,546 (+88.6%), from €78,459 to €148,005
- Tax, wage and social debts +€4,343
up €4,343 (+28.7%), from €15,117 to €19,459
- Gross operating margin +€26,153
up €26,153 (+29.8%), from €87,800 to €113,954
- Taxes +€4,497
up €4,497 (+30.6%), from €14,715 to €19,212
- Other operating charges +€1,590
up €1,590 (+217.2%), from €732 to €2,322
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 | €350,919 | €212,029 | -€138,891 | -39.6% |
| Fixed assets | 21/28 | €36,024 | €22,292 | -€13,733 | -38.1% |
| Intangible fixed assets | 21 | €1,512 | €1,074 | -€438 | -29.0% |
| Tangible fixed assets | 22/27 | €34,512 | €21,218 | -€13,295 | -38.5% |
| Land and buildings | 22 | €6,056 | €5,269 | -€787 | -13.0% |
| Plant, machinery and equipment | 23 | €23,031 | €12,749 | -€10,282 | -44.6% |
| Furniture and vehicles | 24 | €5,426 | €3,200 | -€2,226 | -41.0% |
| Current assets | 29/58 | €314,895 | €189,737 | -€125,158 | -39.7% |
| Stocks and contracts in progress | 3 | €171,937 | €0 | -€171,937 | -100.0% |
| Stocks | 30/36 | €171,937 | €0 | -€171,937 | -100.0% |
| Amounts receivable within one year | 40/41 | €101,723 | €13,287 | -€88,436 | -86.9% |
| Trade receivables | 40 | €9,205 | €5,926 | -€3,279 | -35.6% |
| Other amounts receivable | 41 | €92,518 | €7,360 | -€85,158 | -92.0% |
| Cash at bank and in hand | 54/58 | €16,677 | €143,677 | +€126,999 | +761.5% |
| Deferred charges and accrued income | 490/1 | €24,558 | €32,774 | +€8,216 | +33.5% |
| Total equity and liabilities | 10/49 | €350,919 | €212,029 | -€138,891 | -39.6% |
| Equity | 10/15 | €80,959 | €150,505 | +€69,546 | +85.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,459 | €148,005 | +€69,546 | +88.6% |
| Amounts payable | 17/49 | €269,960 | €61,524 | -€208,436 | -77.2% |
| Amounts payable within one year | 42/48 | €264,408 | €56,853 | -€207,555 | -78.5% |
| Trade debts | 44 | €2,793 | €5,232 | +€2,439 | +87.3% |
| Suppliers | 440/4 | €2,793 | €5,232 | +€2,439 | +87.3% |
| Advances received on contracts in progress | 46 | €3,290 | €428 | -€2,862 | -87.0% |
| Taxes, remuneration and social security | 45 | €15,117 | €19,459 | +€4,343 | +28.7% |
| Taxes | 450/3 | €15,117 | €19,459 | +€4,343 | +28.7% |
| Other amounts payable | 47/48 | €243,207 | €31,733 | -€211,475 | -87.0% |
| Accrued charges and deferred income | 492/3 | €5,552 | €4,671 | -€881 | -15.9% |
| Non-recurring operating income | 76A | - | €64,914 | +€64,914 | |
| Remuneration, social security and pensions | 62 | €782 | €787 | +€4 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,439 | €19,039 | -€400 | -2.1% |
| Other operating charges | 640/8 | €732 | €2,322 | +€1,590 | +217.2% |
| Gross operating margin | 9900 | €87,800 | €113,954 | +€26,153 | +29.8% |
| Operating profit (loss) | 9901 | €66,847 | €91,806 | +€24,959 | +37.3% |
| Financial income | 75/76B | €48 | €2 | -€46 | -95.7% |
| Recurring financial income | 75 | €48 | €2 | -€46 | -95.7% |
| Financial charges | 65/66B | €2,330 | €3,050 | +€719 | +30.9% |
| Recurring financial charges | 65 | €2,330 | €3,050 | +€719 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €64,564 | €88,758 | +€24,194 | +37.5% |
| Income taxes | 67/77 | €14,715 | €19,212 | +€4,497 | +30.6% |
| Profit (loss) for the period | 9904 | €49,849 | €69,546 | +€19,696 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,849 | €69,546 | +€19,696 | +39.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.