TIM MENTEN: 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 MENTEN
Largest movements
- Receivables within one year +€40,739
up €40,739 (+30.7%), from €132,824 to €173,563
of which Trade receivables: +€43,889
- Cash -€33,585
down €33,585 (-38.2%), from €87,891 to €54,306
mainly Contributions, distributions and other (-€64,651) and Receivables within one year (-€40,739)
- Tangible fixed assets -€23,153
down €23,153 (-9.6%), from €240,786 to €217,633
of which Land and buildings: -€21,387
- Deferred charges and accrued income -€14,215
down €14,215 (-81.5%), from €17,442 to €3,227
- Reserves -€59,973
down €59,973 (-33.4%), from €179,806 to €119,833
- Trade debts +€36,938
up €36,938 (+2,763%), from €1,337 to €38,275
- Debts after one year -€19,736
down €19,736 (-12.7%), from €155,095 to €135,358
- Tax, wage and social debts +€6,949
up €6,949 (+39.6%), from €17,542 to €24,491
of which Taxes: +€9,490
- Financial income -€3,140
down €3,140 (-95.8%), from €3,279 to €139
- Gross operating margin -€2,548
down €2,548 (-5.6%), from €45,287 to €42,739
- Taxes -€1,795
down €1,795 (-48.3%), from €3,714 to €1,919
- Other operating charges +€1,372
up €1,372 (+106%), from €1,292 to €2,664
- Financial charges -€1,136
down €1,136 (-11.8%), from €9,657 to €8,522
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 | €478,943 | €448,729 | -€30,214 | -6.3% |
| Fixed assets | 21/28 | €240,786 | €217,633 | -€23,153 | -9.6% |
| Tangible fixed assets | 22/27 | €240,786 | €217,633 | -€23,153 | -9.6% |
| Land and buildings | 22 | €233,184 | €211,796 | -€21,387 | -9.2% |
| Plant, machinery and equipment | 23 | €7,279 | €3,894 | -€3,385 | -46.5% |
| Furniture and vehicles | 24 | €322 | €1,942 | +€1,620 | +502% |
| Current assets | 29/58 | €238,157 | €231,096 | -€7,061 | -3.0% |
| Amounts receivable within one year | 40/41 | €132,824 | €173,563 | +€40,739 | +30.7% |
| Trade receivables | 40 | €51,419 | €95,308 | +€43,889 | +85.4% |
| Other amounts receivable | 41 | €81,405 | €78,255 | -€3,150 | -3.9% |
| Cash at bank and in hand | 54/58 | €87,891 | €54,306 | -€33,585 | -38.2% |
| Deferred charges and accrued income | 490/1 | €17,442 | €3,227 | -€14,215 | -81.5% |
| Total equity and liabilities | 10/49 | €478,943 | €448,729 | -€30,214 | -6.3% |
| Equity | 10/15 | €224,866 | €164,892 | -€59,973 | -26.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €179,806 | €119,833 | -€59,973 | -33.4% |
| Distributable reserves | 133 | €179,806 | €119,833 | -€59,973 | -33.4% |
| Profit (loss) carried forward | 14 | €26,509 | €26,509 | = | 0.0% |
| Amounts payable | 17/49 | €254,077 | €283,836 | +€29,759 | +11.7% |
| Amounts payable after more than one year | 17 | €155,095 | €135,358 | -€19,736 | -12.7% |
| Financial debts | 170/4 | €155,095 | €135,358 | -€19,736 | -12.7% |
| Amounts payable within one year | 42/48 | €98,983 | €146,488 | +€47,505 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €18,986 | €19,686 | +€700 | +3.7% |
| Trade debts | 44 | €1,337 | €38,275 | +€36,938 | +2,763% |
| Suppliers | 440/4 | €1,337 | €38,275 | +€36,938 | +2,763% |
| Taxes, remuneration and social security | 45 | €17,542 | €24,491 | +€6,949 | +39.6% |
| Taxes | 450/3 | €15,002 | €24,491 | +€9,490 | +63.3% |
| Remuneration and social security | 454/9 | €2,541 | - | -€2,541 | |
| Other amounts payable | 47/48 | €61,117 | €64,036 | +€2,919 | +4.8% |
| Accrued charges and deferred income | 492/3 | - | €1,990 | +€1,990 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,895 | €25,095 | +€201 | +0.8% |
| Other operating charges | 640/8 | €1,292 | €2,664 | +€1,372 | +106% |
| Gross operating margin | 9900 | €45,287 | €42,739 | -€2,548 | -5.6% |
| Operating profit (loss) | 9901 | €19,100 | €14,980 | -€4,121 | -21.6% |
| Financial income | 75/76B | €3,279 | €139 | -€3,140 | -95.8% |
| Recurring financial income | 75 | €3,279 | €139 | -€3,140 | -95.8% |
| Financial charges | 65/66B | €9,657 | €8,522 | -€1,136 | -11.8% |
| Recurring financial charges | 65 | €9,657 | €8,522 | -€1,136 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €12,722 | €6,597 | -€6,125 | -48.1% |
| Income taxes | 67/77 | €3,714 | €1,919 | -€1,795 | -48.3% |
| Profit (loss) for the period | 9904 | €9,008 | €4,678 | -€4,330 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,008 | €4,678 | -€4,330 | -48.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.