TIMANMAY CONSULTING: 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.
TIMANMAY CONSULTING
Largest movements
- Cash -€253,497
down €253,497 (-94.1%), from €269,323 to €15,826
mainly Contributions, distributions and other (-€529,872) and Tax, wage and social debts (-€6,120)
- Receivables after one year -€160,000
no longer reported in 2025 (was €160,000)
- Receivables within one year -€25,971
down €25,971 (-71.5%), from €36,319 to €10,348
of which Other amounts receivable: -€17,423
- Reserves -€461,770
down €461,770 (-55.0%), from €838,931 to €377,161
of which Distributable reserves: -€461,770
- Other debts +€19,659
new in 2025: €19,659
- Gross operating margin +€10,169
up €10,169 (+12.0%), from €84,945 to €95,113
- Financial income -€2,232
down €2,232 (-20.9%), from €10,668 to €8,436
- Taxes +€1,880
up €1,880 (+7.5%), from €25,094 to €26,975
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.
Derived cash bridge
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 | €893,500 | €447,347 | -€446,152 | -49.9% |
| Fixed assets | 21/28 | €14,090 | €11,687 | -€2,403 | -17.1% |
| Tangible fixed assets | 22/27 | €14,090 | €11,687 | -€2,403 | -17.1% |
| Furniture and vehicles | 24 | €10,275 | €10,242 | -€34 | -0.3% |
| Other tangible fixed assets | 26 | €3,815 | €1,445 | -€2,369 | -62.1% |
| Current assets | 29/58 | €879,410 | €435,660 | -€443,749 | -50.5% |
| Amounts receivable after more than one year | 29 | €160,000 | - | -€160,000 | |
| Other amounts receivable | 291 | €160,000 | - | -€160,000 | |
| Amounts receivable within one year | 40/41 | €36,319 | €10,348 | -€25,971 | -71.5% |
| Trade receivables | 40 | €18,513 | €9,965 | -€8,548 | -46.2% |
| Other amounts receivable | 41 | €17,806 | €384 | -€17,423 | -97.8% |
| Current investments | 50/53 | €401,929 | €406,551 | +€4,622 | +1.1% |
| Cash at bank and in hand | 54/58 | €269,323 | €15,826 | -€253,497 | -94.1% |
| Deferred charges and accrued income | 490/1 | €11,838 | €2,935 | -€8,903 | -75.2% |
| Total equity and liabilities | 10/49 | €893,500 | €447,347 | -€446,152 | -49.9% |
| Equity | 10/15 | €857,531 | €395,761 | -€461,770 | -53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €838,931 | €377,161 | -€461,770 | -55.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €837,071 | €375,301 | -€461,770 | -55.2% |
| Amounts payable | 17/49 | €35,969 | €51,586 | +€15,617 | +43.4% |
| Amounts payable within one year | 42/48 | €35,969 | €51,164 | +€15,195 | +42.2% |
| Trade debts | 44 | €3,513 | €5,169 | +€1,656 | +47.1% |
| Suppliers | 440/4 | €3,513 | €5,169 | +€1,656 | +47.1% |
| Taxes, remuneration and social security | 45 | €32,456 | €26,336 | -€6,120 | -18.9% |
| Taxes | 450/3 | €32,456 | €26,336 | -€6,120 | -18.9% |
| Other amounts payable | 47/48 | - | €19,659 | +€19,659 | |
| Accrued charges and deferred income | 492/3 | - | €422 | +€422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,620 | €3,460 | -€160 | -4.4% |
| Other operating charges | 640/8 | €3,295 | €4,130 | +€835 | +25.3% |
| Gross operating margin | 9900 | €84,945 | €95,113 | +€10,169 | +12.0% |
| Operating profit (loss) | 9901 | €78,030 | €87,524 | +€9,494 | +12.2% |
| Financial income | 75/76B | €10,668 | €8,436 | -€2,232 | -20.9% |
| Recurring financial income | 75 | €10,668 | €8,436 | -€2,232 | -20.9% |
| Financial charges | 65/66B | €394 | €883 | +€489 | +124% |
| Recurring financial charges | 65 | €394 | €883 | +€489 | +124% |
| Profit (loss) for the period before taxes | 9903 | €88,304 | €95,077 | +€6,773 | +7.7% |
| Income taxes | 67/77 | €25,094 | €26,975 | +€1,880 | +7.5% |
| Profit (loss) for the period | 9904 | €63,210 | €68,102 | +€4,892 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €63,210 | €68,102 | +€4,892 | +7.7% |
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 18 October 2026 via checked.be.