Tim Invest: 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 Invest
Largest movements
- Tangible fixed assets -€6,718
down €6,718 (-6.1%), from €110,191 to €103,473
- Debts after one year -€8,403
down €8,403 (-10.2%), from €82,606 to €74,203
- Profit (loss) carried forward +€1,145
up €1,145 (+6.4%), from -€17,791 to -€16,646
- Gross operating margin +€1,199
up €1,199 (+11.4%), from €10,543 to €11,742
- Other operating charges -€215
down €215 (-22.2%), from €966 to €751
- Financial charges -€186
down €186 (-5.6%), from €3,314 to €3,128
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 | €110,441 | €103,845 | -€6,596 | -6.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €110,191 | €103,473 | -€6,718 | -6.1% |
| Tangible fixed assets | 22/27 | €110,191 | €103,473 | -€6,718 | -6.1% |
| Land and buildings | 22 | €110,191 | €103,473 | -€6,718 | -6.1% |
| Current assets | 29/58 | €250 | €372 | +€122 | +48.7% |
| Cash at bank and in hand | 54/58 | €83 | €199 | +€116 | +139% |
| Deferred charges and accrued income | 490/1 | €167 | €174 | +€6 | +3.8% |
| Total equity and liabilities | 10/49 | €110,441 | €103,845 | -€6,596 | -6.0% |
| Equity | 10/15 | €2,209 | €3,354 | +€1,145 | +51.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,791 | -€16,646 | +€1,145 | +6.4% |
| Amounts payable | 17/49 | €108,232 | €100,491 | -€7,741 | -7.2% |
| Amounts payable after more than one year | 17 | €82,606 | €74,203 | -€8,403 | -10.2% |
| Financial debts | 170/4 | €82,606 | €74,203 | -€8,403 | -10.2% |
| Amounts payable within one year | 42/48 | €25,310 | €25,990 | +€681 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €8,804 | €9,091 | +€287 | +3.3% |
| Financial debts | 43 | €6 | €0 | -€6 | -100% |
| Credit institutions | 430/8 | €6 | €0 | -€6 | -100% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €16,500 | €16,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €316 | €297 | -€19 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,718 | €6,718 | = | 0.0% |
| Other operating charges | 640/8 | €966 | €751 | -€215 | -22.2% |
| Gross operating margin | 9900 | €10,543 | €11,742 | +€1,199 | +11.4% |
| Operating profit (loss) | 9901 | €2,860 | €4,273 | +€1,414 | +49.4% |
| Financial charges | 65/66B | €3,314 | €3,128 | -€186 | -5.6% |
| Recurring financial charges | 65 | €3,314 | €3,128 | -€186 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€455 | €1,145 | +€1,600 | |
| Profit (loss) for the period | 9904 | -€455 | €1,145 | +€1,600 | |
| Profit (loss) for the period to be appropriated | 9905 | -€455 | €1,145 | +€1,600 |
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 24 October 2026 via checked.be.