TIM GROUP: 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 GROUP
Largest movements
- Cash -€70,807
down €70,807 (-75.9%), from €93,339 to €22,532
mainly Net result for the year (-€58,908) and Tax, wage and social debts (-€55,027)
- Receivables within one year -€33,283
down €33,283 (-18.6%), from €179,406 to €146,123
of which Other amounts receivable: -€24,983
- Tangible fixed assets -€9,079
down €9,079 (-75.9%), from €11,967 to €2,888
- Profit (loss) carried forward -€58,909
down €58,909 (-38.7%), from €152,148 to €93,239
- Tax, wage and social debts -€55,027
down €55,027 (-45.8%), from €120,155 to €65,128
of which Taxes: -€44,186
- Gross operating margin +€2,911
up €2,911 (+5.8%), from -€50,398 to -€47,487
- Depreciation -€2,622
down €2,622 (-22.4%), from €11,701 to €9,079
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 | €287,610 | €174,283 | -€113,327 | -39.4% |
| Fixed assets | 21/28 | €11,967 | €2,888 | -€9,079 | -75.9% |
| Tangible fixed assets | 22/27 | €11,967 | €2,888 | -€9,079 | -75.9% |
| Furniture and vehicles | 24 | €11,967 | €2,888 | -€9,079 | -75.9% |
| Current assets | 29/58 | €275,643 | €171,395 | -€104,248 | -37.8% |
| Amounts receivable within one year | 40/41 | €179,406 | €146,123 | -€33,283 | -18.6% |
| Trade receivables | 40 | €137,442 | €129,142 | -€8,300 | -6.0% |
| Other amounts receivable | 41 | €41,964 | €16,981 | -€24,983 | -59.5% |
| Cash at bank and in hand | 54/58 | €93,339 | €22,532 | -€70,807 | -75.9% |
| Deferred charges and accrued income | 490/1 | €2,898 | €2,740 | -€158 | -5.5% |
| Total equity and liabilities | 10/49 | €287,610 | €174,283 | -€113,327 | -39.4% |
| Equity | 10/15 | €158,348 | €99,439 | -€58,909 | -37.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,148 | €93,239 | -€58,909 | -38.7% |
| Amounts payable | 17/49 | €129,262 | €74,844 | -€54,418 | -42.1% |
| Amounts payable within one year | 42/48 | €129,262 | €74,844 | -€54,418 | -42.1% |
| Trade debts | 44 | €56 | €665 | +€609 | +1087.5% |
| Suppliers | 440/4 | €56 | €665 | +€609 | +1087.5% |
| Taxes, remuneration and social security | 45 | €120,155 | €65,128 | -€55,027 | -45.8% |
| Taxes | 450/3 | €44,186 | - | -€44,186 | |
| Remuneration and social security | 454/9 | €75,969 | €65,128 | -€10,841 | -14.3% |
| Other amounts payable | 47/48 | €9,051 | €9,051 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,701 | €9,079 | -€2,622 | -22.4% |
| Other operating charges | 640/8 | €1,547 | €1,606 | +€59 | +3.8% |
| Gross operating margin | 9900 | -€50,398 | -€47,487 | +€2,911 | +5.8% |
| Operating profit (loss) | 9901 | -€63,646 | -€58,172 | +€5,474 | +8.6% |
| Financial income | 75/76B | €268 | €273 | +€5 | +1.9% |
| Recurring financial income | 75 | €268 | €273 | +€5 | +1.9% |
| Financial charges | 65/66B | €757 | €749 | -€8 | -1.1% |
| Recurring financial charges | 65 | €757 | €749 | -€8 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,135 | -€58,648 | +€5,487 | +8.6% |
| Income taxes | 67/77 | €355 | €260 | -€95 | -26.8% |
| Profit (loss) for the period | 9904 | -€64,490 | -€58,908 | +€5,582 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,490 | -€58,908 | +€5,582 | +8.7% |
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 10 October 2026 via checked.be.