TIMA SERVICES: 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 SERVICES
Largest movements
- Cash +€44,373
up €44,373 (+62.9%), from €70,500 to €114,873
mainly Net result for the year (+€63,014) and Depreciation (+€5,559)
- Receivables within one year +€14,670
up €14,670 (+39.8%), from €36,856 to €51,526
of which Trade receivables: +€12,570
- Tangible fixed assets -€5,559
down €5,559 (-41.0%), from €13,572 to €8,012
- Profit (loss) carried forward +€63,014
up €63,014 (+278.6%), from €22,622 to €85,636
- Other debts -€8,633
down €8,633 (-64.6%), from €13,361 to €4,728
- Gross operating margin +€21,185
up €21,185 (+30.2%), from €70,258 to €91,443
- Taxes +€2,161
up €2,161 (+10.7%), from €20,248 to €22,410
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 | €121,139 | €174,635 | +€53,496 | +44.2% |
| Fixed assets | 21/28 | €13,572 | €8,012 | -€5,559 | -41.0% |
| Tangible fixed assets | 22/27 | €13,572 | €8,012 | -€5,559 | -41.0% |
| Furniture and vehicles | 24 | €13,572 | €8,012 | -€5,559 | -41.0% |
| Current assets | 29/58 | €107,568 | €166,622 | +€59,055 | +54.9% |
| Amounts receivable within one year | 40/41 | €36,856 | €51,526 | +€14,670 | +39.8% |
| Trade receivables | 40 | €36,856 | €49,426 | +€12,570 | +34.1% |
| Other amounts receivable | 41 | - | €2,100 | +€2,100 | |
| Cash at bank and in hand | 54/58 | €70,500 | €114,873 | +€44,373 | +62.9% |
| Deferred charges and accrued income | 490/1 | €212 | €223 | +€12 | +5.5% |
| Total equity and liabilities | 10/49 | €121,139 | €174,635 | +€53,496 | +44.2% |
| Equity | 10/15 | €91,622 | €154,636 | +€63,014 | +68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €64,000 | €64,000 | = | 0.0% |
| Distributable reserves | 133 | €64,000 | €64,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,622 | €85,636 | +€63,014 | +278.6% |
| Amounts payable | 17/49 | €29,518 | €19,999 | -€9,519 | -32.2% |
| Amounts payable within one year | 42/48 | €29,518 | €19,999 | -€9,519 | -32.2% |
| Trade debts | 44 | €85 | €140 | +€55 | +64.4% |
| Suppliers | 440/4 | €85 | €140 | +€55 | +64.4% |
| Taxes, remuneration and social security | 45 | €16,071 | €15,131 | -€940 | -5.8% |
| Taxes | 450/3 | €16,071 | €15,131 | -€940 | -5.8% |
| Other amounts payable | 47/48 | €13,361 | €4,728 | -€8,633 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,559 | €5,559 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €70,258 | €91,443 | +€21,185 | +30.2% |
| Operating profit (loss) | 9901 | €64,311 | €85,484 | +€21,173 | +32.9% |
| Financial charges | 65/66B | €62 | €60 | -€2 | -2.5% |
| Recurring financial charges | 65 | €62 | €60 | -€2 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €64,250 | €85,424 | +€21,174 | +33.0% |
| Income taxes | 67/77 | €20,248 | €22,410 | +€2,161 | +10.7% |
| Profit (loss) for the period | 9904 | €44,001 | €63,014 | +€19,013 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,001 | €63,014 | +€19,013 | +43.2% |
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 11 October 2026 via checked.be.