Tim's Management & Consulting: 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's Management & Consulting
Largest movements
- Receivables within one year -€17,000
down €17,000 (-58.6%), from €29,000 to €12,000
- Tangible fixed assets -€13,062
down €13,062 (-36.7%), from €35,622 to €22,561
- Cash +€8,013
up €8,013 (+623%), from €1,286 to €9,299
mainly Net result for the year (+€29,957) and Receivables within one year (+€17,000)
- Debts after one year -€69,068
down €69,068 (-22.4%), from €308,508 to €239,439
- Reserves +€29,957
up €29,957 (+259%), from €11,564 to €41,521
- Tax, wage and social debts +€14,809
up €14,809 (+124%), from €11,962 to €26,771
of which Taxes: +€12,485
- Gross operating margin +€41,119
up €41,119 (+137%), from €29,905 to €71,025
- Taxes +€8,815
up €8,815 (+262%), from €3,362 to €12,177
- Financial charges +€7,679
up €7,679 (+110%), from €6,963 to €14,642
- Depreciation +€3,463
up €3,463 (+36.1%), from €9,599 to €13,062
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 | €474,656 | €452,593 | -€22,063 | -4.6% |
| Fixed assets | 21/28 | €443,622 | €430,561 | -€13,062 | -2.9% |
| Tangible fixed assets | 22/27 | €35,622 | €22,561 | -€13,062 | -36.7% |
| Furniture and vehicles | 24 | €35,622 | €22,561 | -€13,062 | -36.7% |
| Financial fixed assets | 28 | €408,000 | €408,000 | = | 0.0% |
| Current assets | 29/58 | €31,034 | €22,032 | -€9,001 | -29.0% |
| Amounts receivable within one year | 40/41 | €29,000 | €12,000 | -€17,000 | -58.6% |
| Trade receivables | 40 | €29,000 | €12,000 | -€17,000 | -58.6% |
| Cash at bank and in hand | 54/58 | €1,286 | €9,299 | +€8,013 | +623% |
| Deferred charges and accrued income | 490/1 | €748 | €734 | -€14 | -1.9% |
| Total equity and liabilities | 10/49 | €474,656 | €452,593 | -€22,063 | -4.6% |
| Equity | 10/15 | €15,564 | €45,521 | +€29,957 | +192% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €11,564 | €41,521 | +€29,957 | +259% |
| Distributable reserves | 133 | €11,564 | €41,521 | +€29,957 | +259% |
| Amounts payable | 17/49 | €459,091 | €407,072 | -€52,020 | -11.3% |
| Amounts payable after more than one year | 17 | €308,508 | €239,439 | -€69,068 | -22.4% |
| Financial debts | 170/4 | €308,508 | €239,439 | -€69,068 | -22.4% |
| Amounts payable within one year | 42/48 | €150,584 | €167,633 | +€17,049 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €66,185 | €69,068 | +€2,884 | +4.4% |
| Trade debts | 44 | €383 | €1,610 | +€1,227 | +320% |
| Suppliers | 440/4 | €383 | €1,610 | +€1,227 | +320% |
| Taxes, remuneration and social security | 45 | €11,962 | €26,771 | +€14,809 | +124% |
| Taxes | 450/3 | €11,962 | €24,447 | +€12,485 | +104% |
| Remuneration and social security | 454/9 | - | €2,324 | +€2,324 | |
| Other amounts payable | 47/48 | €72,054 | €70,183 | -€1,871 | -2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,503 | - | -€1,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,599 | €13,062 | +€3,463 | +36.1% |
| Other operating charges | 640/8 | €1,106 | €1,187 | +€81 | +7.3% |
| Gross operating margin | 9900 | €29,905 | €71,025 | +€41,119 | +137% |
| Operating profit (loss) | 9901 | €19,200 | €56,776 | +€37,576 | +196% |
| Financial charges | 65/66B | €6,963 | €14,642 | +€7,679 | +110% |
| Recurring financial charges | 65 | €6,963 | €14,642 | +€7,679 | +110% |
| Profit (loss) for the period before taxes | 9903 | €12,237 | €42,134 | +€29,897 | +244% |
| Income taxes | 67/77 | €3,362 | €12,177 | +€8,815 | +262% |
| Profit (loss) for the period | 9904 | €8,875 | €29,957 | +€21,082 | +238% |
| Profit (loss) for the period to be appropriated | 9905 | €8,875 | €29,957 | +€21,082 | +238% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.