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TIM MAX BET: 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.

What changed

TIM MAX BET

BE 0694.837.229
financial year 2021 compared with 2020filed annual accounts (NBB)
Net result for the year
-€695
2020 · -€8,592+€7,897
Equity
-€7,548
2020 · -€6,853-€695
Cash
€615
2020 · €615
Balance sheet total
€615
2020 · €615

Largest movements

2020 to 2021
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€695

      down €695 (-5.3%), from -€13,053 to -€13,748

    • Trade debts +€695

      up €695 (+9.3%), from €7,467 to €8,162

    Income statement
    • Gross operating margin +€5,822

      no longer reported in 2021 (was -€5,822)

    • Other operating charges +€348

      new in 2021: €348

    From the 2020 result to the 2021 result

    effect on the 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.

    Result 2020 -€8,592
    Other operating charges -€348
    Other operating items +€6,012
    Financial charges +€2,233
    Result 2021 -€695
    raises the resultlowers the resultnot broken down further in the accounts

    Derived cash bridge

    cash 2020 to 2021

    Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations €0
    Investment €0
    Financing €0
    Cash 2020 €615
    Net result for the year -€695
    Trade debts +€695
    Cash 2021 €615
    brings cash intakes cash out
    Every line side by side 22 lines
    Line Code 2020 2021 Change %
    Total assets 20/58 €615 €615 = 0.0%
    Current assets 29/58 €615 €615 = 0.0%
    Cash at bank and in hand 54/58 €615 €615 = 0.0%
    Total equity and liabilities 10/49 €615 €615 = 0.0%
    Equity 10/15 -€6,853 -€7,548 -€695 -10.1%
    Contributions 10/11 €6,200 €6,200 = 0.0%
    Capital 10 - €6,200 +€6,200
    Issued capital 100 - €18,600 +€18,600
    Uncalled capital 101 - €12,400 +€12,400
    Profit (loss) carried forward 14 -€13,053 -€13,748 -€695 -5.3%
    Amounts payable 17/49 €7,467 €8,162 +€695 +9.3%
    Amounts payable within one year 42/48 €7,467 €8,162 +€695 +9.3%
    Trade debts 44 €7,467 €8,162 +€695 +9.3%
    Suppliers 440/4 - €8,162 +€8,162
    Other operating charges 640/8 - €348 +€348
    Non-recurring operating charges 66A - €348 +€348
    Gross operating margin 9900 -€5,822 - +€5,822
    Operating profit (loss) 9901 -€6,360 -€695 +€5,665 +89.1%
    Recurring financial charges 65 €2,233 - -€2,233
    Profit (loss) for the period before taxes 9903 -€8,592 -€695 +€7,897 +91.9%
    Profit (loss) for the period 9904 -€8,592 -€695 +€7,897 +91.9%
    Profit (loss) for the period to be appropriated 9905 -€8,592 -€695 +€7,897 +91.9%

    Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.