TiMaSe: 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.
TiMaSe
Largest movements
- Receivables within one year +€1,684
up €1,684 (+3.2%), from €52,359 to €54,043
of which Other amounts receivable: +€1,940
- Deferred charges and accrued income -€1,423
down €1,423 (-41.2%), from €3,458 to €2,035
- Other debts -€9,295
down €9,295 (-22.1%), from €41,996 to €32,702
- Trade debts +€8,984
up €8,984 (+439%), from €2,047 to €11,032
- Profit (loss) carried forward -€5,079
down €5,079 (-41.0%), from -€12,373 to -€17,451
- Short-term financial debts +€3,582
new in 2024: €3,582
- Tax, wage and social debts +€1,790
up €1,790 (+44.5%), from €4,020 to €5,810
- Gross operating margin -€2,314
down €2,314 (-49.7%), from €4,653 to €2,339
- Taxes -€803
down €803 (-33.4%), from €2,405 to €1,601
- Financial charges -€743
down €743 (-48.1%), from €1,546 to €803
- Financial income +€473
up €473 (+102%), from €464 to €937
- Other operating charges -€122
down €122 (-11.3%), from €1,072 to €950
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.
Derived cash bridge
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 | €56,095 | €56,079 | -€17 | 0.0% |
| Fixed assets | 21/28 | €1 | €1 | = | 0.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €56,094 | €56,078 | -€17 | 0.0% |
| Amounts receivable within one year | 40/41 | €52,359 | €54,043 | +€1,684 | +3.2% |
| Trade receivables | 40 | €5,500 | €5,244 | -€256 | -4.7% |
| Other amounts receivable | 41 | €46,859 | €48,799 | +€1,940 | +4.1% |
| Cash at bank and in hand | 54/58 | €278 | - | -€278 | |
| Deferred charges and accrued income | 490/1 | €3,458 | €2,035 | -€1,423 | -41.2% |
| Total equity and liabilities | 10/49 | €56,095 | €56,079 | -€17 | 0.0% |
| Equity | 10/15 | €8,032 | €2,954 | -€5,079 | -63.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,373 | -€17,451 | -€5,079 | -41.0% |
| Amounts payable | 17/49 | €48,063 | €53,125 | +€5,062 | +10.5% |
| Amounts payable within one year | 42/48 | €48,063 | €53,125 | +€5,062 | +10.5% |
| Financial debts | 43 | - | €3,582 | +€3,582 | |
| Credit institutions | 430/8 | - | €3,582 | +€3,582 | |
| Trade debts | 44 | €2,047 | €11,032 | +€8,984 | +439% |
| Suppliers | 440/4 | €2,047 | €11,032 | +€8,984 | +439% |
| Taxes, remuneration and social security | 45 | €4,020 | €5,810 | +€1,790 | +44.5% |
| Taxes | 450/3 | €4,020 | €5,810 | +€1,790 | +44.5% |
| Other amounts payable | 47/48 | €41,996 | €32,702 | -€9,295 | -22.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €1,072 | €950 | -€122 | -11.3% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €4,653 | €2,339 | -€2,314 | -49.7% |
| Operating profit (loss) | 9901 | €3,581 | -€3,611 | -€7,193 | |
| Financial income | 75/76B | €464 | €937 | +€473 | +102% |
| Recurring financial income | 75 | €464 | €937 | +€473 | +102% |
| Financial charges | 65/66B | €1,546 | €803 | -€743 | -48.1% |
| Recurring financial charges | 65 | €1,546 | €803 | -€743 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €2,499 | -€3,477 | -€5,976 | |
| Income taxes | 67/77 | €2,405 | €1,601 | -€803 | -33.4% |
| Profit (loss) for the period | 9904 | €94 | -€5,079 | -€5,173 | |
| Profit (loss) for the period to be appropriated | 9905 | €94 | -€5,079 | -€5,173 |
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 22 October 2026 via checked.be.