TIM VAN DER LINDEN: what changed
TIM VAN DER LINDEN
Largest movements
- Receivables within one year +€10,316
up €10,316 (+64.1%), from €16,094 to €26,409
of which Trade receivables: +€11,453
- Cash -€1,745
down €1,745 (-10.6%), from €16,481 to €14,736
mainly Receivables within one year (-€10,316) and Trade debts (-€7,423)
- Deferred charges and accrued income -€943
down €943 (-16.7%), from €5,664 to €4,721
- Profit (loss) carried forward +€10,534
up €10,534 (+54.3%), from -€19,396 to -€8,862
- Trade debts -€7,423
down €7,423 (-23.2%), from €31,981 to €24,558
- Other debts +€3,580
new in 2025: €3,580
- Tax, wage and social debts +€581
up €581 (+6.7%), from €8,709 to €9,290
of which Remuneration and social security: +€1,826
- Staff costs -€7,550
down €7,550 (-19.3%), from €39,154 to €31,604
- Gross operating margin +€2,599
up €2,599 (+5.3%), from €49,050 to €51,649
- Taxes +€2,112
up €2,112 (+73.6%), from €2,868 to €4,980
- Other operating charges -€1,492
down €1,492 (-33.5%), from €4,458 to €2,965
- Depreciation -€714
down €714 (-34.6%), from €2,066 to €1,352
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,750 | €49,022 | +€7,272 | +17.4% |
| Fixed assets | 21/28 | €3,511 | €3,155 | -€356 | -10.1% |
| Tangible fixed assets | 22/27 | €3,511 | €3,155 | -€356 | -10.1% |
| Furniture and vehicles | 24 | €3,511 | €3,155 | -€356 | -10.1% |
| Current assets | 29/58 | €38,239 | €45,867 | +€7,627 | +19.9% |
| Amounts receivable within one year | 40/41 | €16,094 | €26,409 | +€10,316 | +64.1% |
| Trade receivables | 40 | €11,937 | €23,389 | +€11,453 | +95.9% |
| Other amounts receivable | 41 | €4,157 | €3,020 | -€1,137 | -27.3% |
| Cash at bank and in hand | 54/58 | €16,481 | €14,736 | -€1,745 | -10.6% |
| Deferred charges and accrued income | 490/1 | €5,664 | €4,721 | -€943 | -16.7% |
| Total equity and liabilities | 10/49 | €41,750 | €49,022 | +€7,272 | +17.4% |
| Equity | 10/15 | €1,061 | €11,594 | +€10,534 | +993% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,857 | €1,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,857 | €1,857 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,857 | €1,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,396 | -€8,862 | +€10,534 | +54.3% |
| Amounts payable | 17/49 | €40,690 | €37,427 | -€3,262 | -8.0% |
| Amounts payable within one year | 42/48 | €40,690 | €37,427 | -€3,262 | -8.0% |
| Trade debts | 44 | €31,981 | €24,558 | -€7,423 | -23.2% |
| Suppliers | 440/4 | €31,981 | €24,558 | -€7,423 | -23.2% |
| Taxes, remuneration and social security | 45 | €8,709 | €9,290 | +€581 | +6.7% |
| Taxes | 450/3 | €3,088 | €1,843 | -€1,245 | -40.3% |
| Remuneration and social security | 454/9 | €5,621 | €7,447 | +€1,826 | +32.5% |
| Other amounts payable | 47/48 | - | €3,580 | +€3,580 | |
| Remuneration, social security and pensions | 62 | €39,154 | €31,604 | -€7,550 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,066 | €1,352 | -€714 | -34.6% |
| Other operating charges | 640/8 | €4,458 | €2,965 | -€1,492 | -33.5% |
| Gross operating margin | 9900 | €49,050 | €51,649 | +€2,599 | +5.3% |
| Operating profit (loss) | 9901 | €3,372 | €15,727 | +€12,356 | +366% |
| Financial income | 75/76B | €207 | €73 | -€134 | -64.6% |
| Recurring financial income | 75 | €207 | €73 | -€134 | -64.6% |
| Financial charges | 65/66B | €99 | €287 | +€188 | +188% |
| Recurring financial charges | 65 | €99 | €287 | +€188 | +188% |
| Profit (loss) for the period before taxes | 9903 | €3,479 | €15,514 | +€12,035 | +346% |
| Income taxes | 67/77 | €2,868 | €4,980 | +€2,112 | +73.6% |
| Profit (loss) for the period | 9904 | €611 | €10,534 | +€9,923 | +1,623% |
| Profit (loss) for the period to be appropriated | 9905 | €611 | €10,534 | +€9,923 | +1,623% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.