TimAcc: 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.
TimAcc
Largest movements
- Tangible fixed assets -€11,140
down €11,140 (-27.8%), from €40,021 to €28,881
- Receivables within one year -€10,579
down €10,579 (-20.9%), from €50,717 to €40,138
of which Trade receivables: -€11,359
- Cash -€1,296
down €1,296 (-7.3%), from €17,848 to €16,552
mainly Other debts (-€62,533) and Tax, wage and social debts (-€10,131)
- Other debts -€62,533
down €62,533 (-91.7%), from €68,203 to €5,670
- Reserves +€49,459
up €49,459, from €0 to €49,459
- Tax, wage and social debts -€10,131
down €10,131 (-46.5%), from €21,783 to €11,652
- Gross operating margin -€24,924
down €24,924 (-24.4%), from €102,142 to €77,217
- Taxes -€5,088
down €5,088 (-26.9%), from €18,938 to €13,850
- Financial charges +€1,446
up €1,446 (+1536.5%), from €94 to €1,540
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 | €108,586 | €85,571 | -€23,015 | -21.2% |
| Fixed assets | 21/28 | €40,021 | €28,881 | -€11,140 | -27.8% |
| Tangible fixed assets | 22/27 | €40,021 | €28,881 | -€11,140 | -27.8% |
| Furniture and vehicles | 24 | €40,021 | €28,881 | -€11,140 | -27.8% |
| Current assets | 29/58 | €68,565 | €56,690 | -€11,875 | -17.3% |
| Amounts receivable within one year | 40/41 | €50,717 | €40,138 | -€10,579 | -20.9% |
| Trade receivables | 40 | €45,346 | €33,987 | -€11,359 | -25.0% |
| Other amounts receivable | 41 | €5,370 | €6,150 | +€780 | +14.5% |
| Cash at bank and in hand | 54/58 | €17,848 | €16,552 | -€1,296 | -7.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €108,586 | €85,571 | -€23,015 | -21.2% |
| Equity | 10/15 | €18,600 | €68,059 | +€49,459 | +265.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | €49,459 | +€49,459 | |
| Distributable reserves | 133 | €0 | €49,459 | +€49,459 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,986 | €17,512 | -€72,474 | -80.5% |
| Amounts payable within one year | 42/48 | €89,986 | €17,512 | -€72,474 | -80.5% |
| Trade debts | 44 | €0 | €190 | +€190 | |
| Suppliers | 440/4 | €0 | €190 | +€190 | |
| Taxes, remuneration and social security | 45 | €21,783 | €11,652 | -€10,131 | -46.5% |
| Taxes | 450/3 | €21,783 | €11,652 | -€10,131 | -46.5% |
| Other amounts payable | 47/48 | €68,203 | €5,670 | -€62,533 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,142 | €11,140 | -€2 | 0.0% |
| Other operating charges | 640/8 | €1,362 | €1,228 | -€134 | -9.8% |
| Gross operating margin | 9900 | €102,142 | €77,217 | -€24,924 | -24.4% |
| Operating profit (loss) | 9901 | €89,637 | €64,849 | -€24,789 | -27.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €94 | €1,540 | +€1,446 | +1536.5% |
| Recurring financial charges | 65 | €94 | €1,540 | +€1,446 | +1536.5% |
| Profit (loss) for the period before taxes | 9903 | €89,543 | €63,309 | -€26,234 | -29.3% |
| Income taxes | 67/77 | €18,938 | €13,850 | -€5,088 | -26.9% |
| Profit (loss) for the period | 9904 | €70,605 | €49,459 | -€21,146 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,605 | €49,459 | -€21,146 | -30.0% |
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 6 October 2026 via checked.be.