TIM SOMERS: 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 SOMERS
Largest movements
- Cash +€21,135
up €21,135 (+127.8%), from €16,537 to €37,673
mainly Net result for the year (+€30,061) and Receivables within one year (+€2,872)
- Receivables within one year -€2,872
down €2,872 (-95.9%), from €2,996 to €124
of which Other amounts receivable: -€2,872
- Tangible fixed assets +€657
up €657 (+70.6%), from €931 to €1,588
of which Furniture and vehicles: +€422
- Reserves +€21,561
up €21,561 (+273.2%), from €7,893 to €29,454
- Tax, wage and social debts -€1,955
down €1,955 (-32.4%), from €6,028 to €4,072
- Other debts -€912
down €912 (-75.8%), from €1,204 to €291
- Gross operating margin +€46,339
up €46,339 (+49276.0%), from €94 to €46,433
- Other operating charges +€8,072
up €8,072 (+477.4%), from €1,691 to €9,762
- Taxes +€5,872
up €5,872 (+4587.5%), from €128 to €6,000
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
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 | €20,465 | €39,385 | +€18,921 | +92.5% |
| Fixed assets | 21/28 | €931 | €1,588 | +€657 | +70.6% |
| Tangible fixed assets | 22/27 | €931 | €1,588 | +€657 | +70.6% |
| Plant, machinery and equipment | 23 | €931 | €1,167 | +€236 | +25.3% |
| Furniture and vehicles | 24 | - | €422 | +€422 | |
| Current assets | 29/58 | €19,533 | €37,797 | +€18,263 | +93.5% |
| Amounts receivable within one year | 40/41 | €2,996 | €124 | -€2,872 | -95.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,996 | €124 | -€2,872 | -95.9% |
| Cash at bank and in hand | 54/58 | €16,537 | €37,673 | +€21,135 | +127.8% |
| Total equity and liabilities | 10/49 | €20,465 | €39,385 | +€18,921 | +92.5% |
| Equity | 10/15 | €12,893 | €34,454 | +€21,561 | +167.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,893 | €29,454 | +€21,561 | +273.2% |
| Distributable reserves | 133 | €7,893 | €29,454 | +€21,561 | +273.2% |
| Amounts payable | 17/49 | €7,572 | €4,931 | -€2,641 | -34.9% |
| Amounts payable within one year | 42/48 | €7,572 | €4,702 | -€2,869 | -37.9% |
| Financial debts | 43 | €120 | €0 | -€120 | -100.0% |
| Credit institutions | 430/8 | €120 | €0 | -€120 | -100.0% |
| Trade debts | 44 | €220 | €339 | +€119 | +54.0% |
| Suppliers | 440/4 | €220 | €339 | +€119 | +54.0% |
| Taxes, remuneration and social security | 45 | €6,028 | €4,072 | -€1,955 | -32.4% |
| Taxes | 450/3 | €6,028 | €4,072 | -€1,955 | -32.4% |
| Other amounts payable | 47/48 | €1,204 | €291 | -€912 | -75.8% |
| Accrued charges and deferred income | 492/3 | - | €229 | +€229 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €894 | €445 | -€449 | -50.2% |
| Other operating charges | 640/8 | €1,691 | €9,762 | +€8,072 | +477.4% |
| Gross operating margin | 9900 | €94 | €46,433 | +€46,339 | +49276.0% |
| Operating profit (loss) | 9901 | -€2,491 | €36,226 | +€38,717 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €191 | €164 | -€27 | -14.0% |
| Recurring financial charges | 65 | €191 | €164 | -€27 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,682 | €36,061 | +€38,743 | |
| Income taxes | 67/77 | €128 | €6,000 | +€5,872 | +4587.5% |
| Profit (loss) for the period | 9904 | -€2,810 | €30,061 | +€32,871 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,810 | €30,061 | +€32,871 |
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 10 October 2026 via checked.be.