TIMA-CONSULT: 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.
TIMA-CONSULT
Largest movements
- Receivables after one year -€6,015
down €6,015 (-53.8%), from €11,174 to €5,159
- Cash +€5,361
up €5,361 (+127.4%), from €4,208 to €9,569
mainly Receivables after one year (+€6,015) and Other debts (+€4,966)
- Intangible fixed assets -€1,900
down €1,900 (-14.3%), from €13,300 to €11,400
- Financial fixed assets -€1,492
no longer reported in 2024 (was €1,492)
- Profit (loss) carried forward -€6,663
down €6,663 (-214.6%), from -€3,105 to -€9,768
- Other debts +€4,966
up €4,966 (+65.6%), from €7,572 to €12,538
- Tax, wage and social debts -€1,872
down €1,872 (-23.7%), from €7,889 to €6,017
of which Remuneration and social security: -€1,810
- Trade debts -€351
down €351 (-73.0%), from €480 to €130
- Gross operating margin +€3,611
up €3,611 (+12.3%), from €29,297 to €32,908
- Taxes +€2,347
up €2,347 (+187.7%), from €1,250 to €3,597
- Staff costs +€1,554
up €1,554 (+4.9%), from €31,657 to €33,211
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,734 | €27,815 | -€3,919 | -12.4% |
| Fixed assets | 21/28 | €14,792 | €11,400 | -€3,392 | -22.9% |
| Intangible fixed assets | 21 | €13,300 | €11,400 | -€1,900 | -14.3% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,492 | - | -€1,492 | |
| Current assets | 29/58 | €16,942 | €16,415 | -€527 | -3.1% |
| Amounts receivable after more than one year | 29 | €11,174 | €5,159 | -€6,015 | -53.8% |
| Other amounts receivable | 291 | €11,174 | €5,159 | -€6,015 | -53.8% |
| Amounts receivable within one year | 40/41 | €1,560 | €1,687 | +€127 | +8.2% |
| Trade receivables | 40 | €1,264 | €1,008 | -€256 | -20.3% |
| Other amounts receivable | 41 | €296 | €680 | +€384 | +129.6% |
| Cash at bank and in hand | 54/58 | €4,208 | €9,569 | +€5,361 | +127.4% |
| Total equity and liabilities | 10/49 | €31,734 | €27,815 | -€3,919 | -12.4% |
| Equity | 10/15 | €15,792 | €9,129 | -€6,663 | -42.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €297 | €297 | = | 0.0% |
| Non-distributable reserves | 130/1 | €297 | €297 | = | 0.0% |
| Reserves not available under the articles | 1311 | €297 | €297 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,105 | -€9,768 | -€6,663 | -214.6% |
| Amounts payable | 17/49 | €15,942 | €18,686 | +€2,744 | +17.2% |
| Amounts payable within one year | 42/48 | €15,942 | €18,686 | +€2,744 | +17.2% |
| Trade debts | 44 | €480 | €130 | -€351 | -73.0% |
| Suppliers | 440/4 | €480 | €130 | -€351 | -73.0% |
| Taxes, remuneration and social security | 45 | €7,889 | €6,017 | -€1,872 | -23.7% |
| Taxes | 450/3 | €2,282 | €2,220 | -€62 | -2.7% |
| Remuneration and social security | 454/9 | €5,607 | €3,797 | -€1,810 | -32.3% |
| Other amounts payable | 47/48 | €7,572 | €12,538 | +€4,966 | +65.6% |
| Remuneration, social security and pensions | 62 | €31,657 | €33,211 | +€1,554 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €1,900 | = | 0.0% |
| Gross operating margin | 9900 | €29,297 | €32,908 | +€3,611 | +12.3% |
| Operating profit (loss) | 9901 | -€4,259 | -€2,202 | +€2,057 | +48.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2600.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2600.0% |
| Financial charges | 65/66B | €533 | €365 | -€168 | -31.6% |
| Recurring financial charges | 65 | €533 | €365 | -€168 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,792 | -€2,566 | +€2,226 | +46.4% |
| Income taxes | 67/77 | €1,250 | €3,597 | +€2,347 | +187.7% |
| Profit (loss) for the period | 9904 | -€6,042 | -€6,163 | -€121 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,042 | -€6,163 | -€121 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.