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
- Receivables within one year +€221,612
new in 2025: €221,612
- Tangible fixed assets -€25,629
down €25,629 (-18.0%), from €142,500 to €116,871
- Profit (loss) carried forward +€179,552
up €179,552, from -€37,414 to €142,138
- Tax, wage and social debts +€52,345
new in 2025: €52,345
- Other debts -€35,914
no longer reported in 2025 (was €35,914)
- Gross operating margin +€233,184
up €233,184, from -€798 to €232,386
- Taxes +€52,345
new in 2025: €52,345
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,500 | €338,483 | +€195,983 | +137.5% |
| Fixed assets | 21/28 | €142,500 | €116,871 | -€25,629 | -18.0% |
| Tangible fixed assets | 22/27 | €142,500 | €116,871 | -€25,629 | -18.0% |
| Land and buildings | 22 | €142,500 | €116,871 | -€25,629 | -18.0% |
| Current assets | 29/58 | - | €221,612 | +€221,612 | |
| Amounts receivable within one year | 40/41 | - | €221,612 | +€221,612 | |
| Other amounts receivable | 41 | - | €221,612 | +€221,612 | |
| Total equity and liabilities | 10/49 | €142,500 | €338,483 | +€195,983 | +137.5% |
| Equity | 10/15 | €106,586 | €286,138 | +€179,552 | +168.5% |
| Contributions | 10/11 | €144,000 | €144,000 | = | 0.0% |
| Capital | 10 | €144,000 | €144,000 | = | 0.0% |
| Issued capital | 100 | €144,000 | €144,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,414 | €142,138 | +€179,552 | |
| Amounts payable | 17/49 | €35,914 | €52,345 | +€16,431 | +45.8% |
| Amounts payable within one year | 42/48 | €35,914 | €52,345 | +€16,431 | +45.8% |
| Taxes, remuneration and social security | 45 | - | €52,345 | +€52,345 | |
| Taxes | 450/3 | - | €52,345 | +€52,345 | |
| Other amounts payable | 47/48 | €35,914 | - | -€35,914 | |
| Other operating charges | 640/8 | €473 | €489 | +€15 | +3.2% |
| Gross operating margin | 9900 | -€798 | €232,386 | +€233,184 | |
| Operating profit (loss) | 9901 | -€1,272 | €231,898 | +€233,169 | |
| Profit (loss) for the period before taxes | 9903 | -€1,272 | €231,898 | +€233,169 | |
| Income taxes | 67/77 | - | €52,345 | +€52,345 | |
| Profit (loss) for the period | 9904 | -€1,272 | €179,552 | +€180,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,272 | €179,552 | +€180,824 |
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.