Timaios Data Intelligence: 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.
Timaios Data Intelligence
Largest movements
- Cash +€18,248
up €18,248 (+800358.3%), from €2 to €18,250
mainly Receivables within one year (+€15,926) and Net result for the year (+€15,200)
- Receivables within one year -€15,926
down €15,926 (-52.5%), from €30,351 to €14,425
of which Trade receivables: -€16,134
- Tangible fixed assets -€6,441
down €6,441 (-22.5%), from €28,601 to €22,160
of which Furniture and vehicles: -€4,956
- Profit (loss) carried forward +€13,810
up €13,810 (+351.8%), from €3,926 to €17,736
- Trade debts -€9,385
down €9,385 (-96.4%), from €9,733 to €347
- Debts after one year -€6,968
down €6,968 (-41.4%), from €16,821 to €9,854
- Tax, wage and social debts -€2,757
down €2,757 (-15.1%), from €18,298 to €15,541
of which Remuneration and social security: -€2,116
- Reserves +€1,390
new in 2025: €1,390
- Gross operating margin +€12,488
up €12,488 (+84.2%), from €14,840 to €27,328
- Taxes +€2,247
up €2,247 (+95.1%), from €2,363 to €4,610
- Other operating charges -€1,724
down €1,724 (-87.3%), from €1,974 to €250
- Financial charges -€1,647
down €1,647 (-85.0%), from €1,939 to €292
- Depreciation +€1,550
up €1,550 (+33.4%), from €4,644 to €6,195
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 | €59,435 | €54,836 | -€4,599 | -7.7% |
| Fixed assets | 21/28 | €28,601 | €22,160 | -€6,441 | -22.5% |
| Tangible fixed assets | 22/27 | €28,601 | €22,160 | -€6,441 | -22.5% |
| Plant, machinery and equipment | 23 | €1,485 | - | -€1,485 | |
| Furniture and vehicles | 24 | €27,116 | €22,160 | -€4,956 | -18.3% |
| Current assets | 29/58 | €30,834 | €32,675 | +€1,841 | +6.0% |
| Amounts receivable within one year | 40/41 | €30,351 | €14,425 | -€15,926 | -52.5% |
| Trade receivables | 40 | €30,136 | €14,002 | -€16,134 | -53.5% |
| Other amounts receivable | 41 | €214 | €422 | +€208 | +97.0% |
| Cash at bank and in hand | 54/58 | €2 | €18,250 | +€18,248 | +800358.3% |
| Deferred charges and accrued income | 490/1 | €481 | - | -€481 | |
| Total equity and liabilities | 10/49 | €59,435 | €54,836 | -€4,599 | -7.7% |
| Equity | 10/15 | €6,926 | €22,126 | +€15,200 | +219.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €1,390 | +€1,390 | |
| Distributable reserves | 133 | - | €1,390 | +€1,390 | |
| Profit (loss) carried forward | 14 | €3,926 | €17,736 | +€13,810 | +351.8% |
| Amounts payable | 17/49 | €52,509 | €32,710 | -€19,800 | -37.7% |
| Amounts payable after more than one year | 17 | €16,821 | €9,854 | -€6,968 | -41.4% |
| Financial debts | 170/4 | €16,821 | €9,854 | -€6,968 | -41.4% |
| Amounts payable within one year | 42/48 | €35,688 | €22,856 | -€12,832 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €7,657 | €6,968 | -€690 | -9.0% |
| Trade debts | 44 | €9,733 | €347 | -€9,385 | -96.4% |
| Suppliers | 440/4 | €9,733 | €347 | -€9,385 | -96.4% |
| Taxes, remuneration and social security | 45 | €18,298 | €15,541 | -€2,757 | -15.1% |
| Taxes | 450/3 | €15,256 | €14,615 | -€641 | -4.2% |
| Remuneration and social security | 454/9 | €3,042 | €926 | -€2,116 | -69.5% |
| Remuneration, social security and pensions | 62 | - | €800 | +€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,644 | €6,195 | +€1,550 | +33.4% |
| Other operating charges | 640/8 | €1,974 | €250 | -€1,724 | -87.3% |
| Gross operating margin | 9900 | €14,840 | €27,328 | +€12,488 | +84.2% |
| Operating profit (loss) | 9901 | €8,222 | €20,083 | +€11,862 | +144.3% |
| Financial income | 75/76B | €7 | €18 | +€12 | +177.4% |
| Recurring financial income | 75 | €7 | €18 | +€12 | +177.4% |
| Financial charges | 65/66B | €1,939 | €292 | -€1,647 | -85.0% |
| Recurring financial charges | 65 | €1,939 | €292 | -€1,647 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €6,289 | €19,810 | +€13,521 | +215.0% |
| Income taxes | 67/77 | €2,363 | €4,610 | +€2,247 | +95.1% |
| Profit (loss) for the period | 9904 | €3,926 | €15,200 | +€11,274 | +287.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,926 | €15,200 | +€11,274 | +287.2% |
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 4 October 2026 via checked.be.