Tim Machines: 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 Machines
Largest movements
- Tangible fixed assets +€172,666
up €172,666 (+740%), from €23,349 to €196,015
of which Land and buildings: +€176,522
- Stocks and contracts -€19,282
down €19,282 (-16.5%), from €117,008 to €97,726
of which Stocks: -€20,585
- Receivables within one year +€6,978
up €6,978 (+25.6%), from €27,297 to €34,275
of which Trade receivables: +€7,695
- Debts after one year +€82,935
new in 2025: €82,935
- Other debts +€78,093
up €78,093 (+85.2%), from €91,637 to €169,730
- Profit (loss) carried forward -€36,233
new in 2025: -€36,233
- Short-term financial debts +€16,414
new in 2025: €16,414
- Tax, wage and social debts +€12,835
up €12,835 (+223%), from €5,744 to €18,579
of which Taxes: +€12,085
- Gross operating margin -€70,376
down €70,376, from €55,423 to -€14,953
- Taxes -€9,258
no longer reported in 2025 (was €9,258)
- Depreciation +€6,577
up €6,577 (+97.5%), from €6,743 to €13,321
- Financial charges +€3,795
up €3,795 (+183%), from €2,072 to €5,867
- Other operating charges +€1,659
up €1,659 (+1,831%), from €91 to €1,749
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 | €168,927 | €328,648 | +€159,721 | +94.6% |
| Fixed assets | 21/28 | €24,166 | €196,632 | +€172,466 | +714% |
| Intangible fixed assets | 21 | €817 | €617 | -€200 | -24.5% |
| Tangible fixed assets | 22/27 | €23,349 | €196,015 | +€172,666 | +740% |
| Land and buildings | 22 | €9,478 | €186,000 | +€176,522 | +1,862% |
| Plant, machinery and equipment | 23 | €4,553 | €3,594 | -€959 | -21.1% |
| Furniture and vehicles | 24 | €9,318 | €6,420 | -€2,897 | -31.1% |
| Current assets | 29/58 | €144,761 | €132,016 | -€12,745 | -8.8% |
| Stocks and contracts in progress | 3 | €117,008 | €97,726 | -€19,282 | -16.5% |
| Stocks | 30/36 | €102,008 | €81,423 | -€20,585 | -20.2% |
| Contracts in progress | 37 | €15,000 | €16,303 | +€1,303 | +8.7% |
| Amounts receivable within one year | 40/41 | €27,297 | €34,275 | +€6,978 | +25.6% |
| Trade receivables | 40 | €25,838 | €33,533 | +€7,695 | +29.8% |
| Other amounts receivable | 41 | €1,459 | €742 | -€717 | -49.1% |
| Cash at bank and in hand | 54/58 | €456 | - | -€456 | |
| Deferred charges and accrued income | 490/1 | - | €15 | +€15 | |
| Total equity and liabilities | 10/49 | €168,927 | €328,648 | +€159,721 | +94.6% |
| Equity | 10/15 | €39,208 | €2,975 | -€36,233 | -92.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €36,708 | €36,708 | = | 0.0% |
| Distributable reserves | 133 | €36,708 | €36,708 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€36,233 | -€36,233 | |
| Amounts payable | 17/49 | €129,720 | €325,673 | +€195,953 | +151% |
| Amounts payable after more than one year | 17 | - | €82,935 | +€82,935 | |
| Financial debts | 170/4 | - | €82,935 | +€82,935 | |
| Amounts payable within one year | 42/48 | €129,720 | €242,738 | +€113,018 | +87.1% |
| Current portion of amounts payable after more than one year | 42 | €6,388 | €4,523 | -€1,865 | -29.2% |
| Financial debts | 43 | - | €16,414 | +€16,414 | |
| Credit institutions | 430/8 | - | €16,414 | +€16,414 | |
| Trade debts | 44 | €25,950 | €33,491 | +€7,541 | +29.1% |
| Suppliers | 440/4 | €25,950 | €33,491 | +€7,541 | +29.1% |
| Taxes, remuneration and social security | 45 | €5,744 | €18,579 | +€12,835 | +223% |
| Taxes | 450/3 | €3,994 | €16,079 | +€12,085 | +303% |
| Remuneration and social security | 454/9 | €1,750 | €2,500 | +€750 | +42.9% |
| Other amounts payable | 47/48 | €91,637 | €169,730 | +€78,093 | +85.2% |
| Remuneration, social security and pensions | 62 | €671 | €342 | -€330 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,743 | €13,321 | +€6,577 | +97.5% |
| Other operating charges | 640/8 | €91 | €1,749 | +€1,659 | +1,831% |
| Gross operating margin | 9900 | €55,423 | -€14,953 | -€70,376 | |
| Operating profit (loss) | 9901 | €47,917 | -€30,365 | -€78,283 | |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €2,072 | €5,867 | +€3,795 | +183% |
| Recurring financial charges | 65 | €2,072 | €5,867 | +€3,795 | +183% |
| Profit (loss) for the period before taxes | 9903 | €45,965 | -€36,233 | -€82,198 | |
| Income taxes | 67/77 | €9,258 | - | -€9,258 | |
| Profit (loss) for the period | 9904 | €36,708 | -€36,233 | -€72,940 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,708 | -€36,233 | -€72,940 |
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 18 October 2026 via checked.be.