Tima: what changed
Two fiscal 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.
Tima
Largest movements
- Receivables within one year -€512
down €512 (-10.1%), from €5,085 to €4,573
of which Other amounts receivable: -€512
- Cash -€148
down €148 (-82.0%), from €181 to €32
mainly Net result for the year (-€22,812) and Trade debts (-€1,523)
- Profit (loss) carried forward -€22,812
down €22,812 (-1.8%), from -€1.3m to -€1.3m
- Debts after one year +€18,475
up €18,475 (+1.5%), from €1.2m to €1.2m
of which Financial debts: +€15,117
- Other debts +€5,199
up €5,199 (+335.4%), from €1,550 to €6,749
- Trade debts -€1,523
down €1,523 (-31.2%), from €4,875 to €3,352
- Financial charges -€18,036
down €18,036 (-49.1%), from €36,734 to €18,699
- Gross operating margin +€2,533
up €2,533 (+41.4%), from -€6,118 to -€3,585
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 | €5,266 | €4,605 | -€660 | -12.5% |
| Current assets | 29/58 | €5,266 | €4,605 | -€660 | -12.5% |
| Amounts receivable within one year | 40/41 | €5,085 | €4,573 | -€512 | -10.1% |
| Trade receivables | 40 | €476 | €476 | = | 0.0% |
| Other amounts receivable | 41 | €4,609 | €4,097 | -€512 | -11.1% |
| Cash at bank and in hand | 54/58 | €181 | €32 | -€148 | -82.0% |
| Total equity and liabilities | 10/49 | €5,266 | €4,605 | -€660 | -12.5% |
| Equity | 10/15 | -€1,213,211 | -€1,236,023 | -€22,812 | -1.9% |
| Contributions | 10/11 | €73,800 | €73,800 | = | 0.0% |
| Capital | 10 | €73,800 | €73,800 | = | 0.0% |
| Issued capital | 100 | €73,800 | €73,800 | = | 0.0% |
| Reserves | 13 | €7,380 | €7,380 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,380 | €7,380 | = | 0.0% |
| Legal reserve | 130 | €7,380 | €7,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,294,391 | -€1,317,203 | -€22,812 | -1.8% |
| Amounts payable | 17/49 | €1,218,477 | €1,240,628 | +€22,151 | +1.8% |
| Amounts payable after more than one year | 17 | €1,212,052 | €1,230,527 | +€18,475 | +1.5% |
| Financial debts | 170/4 | €991,296 | €1,006,414 | +€15,117 | +1.5% |
| Other amounts payable | 178/9 | €220,755 | €224,113 | +€3,358 | +1.5% |
| Amounts payable within one year | 42/48 | €6,425 | €10,101 | +€3,676 | +57.2% |
| Trade debts | 44 | €4,875 | €3,352 | -€1,523 | -31.2% |
| Suppliers | 440/4 | €4,875 | €3,352 | -€1,523 | -31.2% |
| Other amounts payable | 47/48 | €1,550 | €6,749 | +€5,199 | +335.4% |
| Other operating charges | 640/8 | €563 | €528 | -€36 | -6.3% |
| Gross operating margin | 9900 | -€6,118 | -€3,585 | +€2,533 | +41.4% |
| Operating profit (loss) | 9901 | -€6,681 | -€4,113 | +€2,568 | +38.4% |
| Financial charges | 65/66B | €36,734 | €18,699 | -€18,036 | -49.1% |
| Recurring financial charges | 65 | €36,734 | €18,699 | -€18,036 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | -€43,415 | -€22,812 | +€20,604 | +47.5% |
| Profit (loss) for the period | 9904 | -€43,415 | -€22,812 | +€20,604 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,415 | -€22,812 | +€20,604 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.