Timber Support: 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.
Timber Support
Largest movements
- Cash -€310,481
down €310,481 (-96.1%), from €322,978 to €12,497
mainly Current investments (-€306,000) and Contributions, distributions and other (-€96,000)
- Current investments +€306,000
new in 2025: €306,000
- Receivables within one year -€6,541
down €6,541 (-16.9%), from €38,709 to €32,168
of which Other amounts receivable: -€10,220
- Reserves +€296,240
new in 2025: €296,240
- Profit (loss) carried forward -€280,679
down €280,679 (-100%), from €280,679 to €0
- Other debts -€26,073
down €26,073 (-43.5%), from €60,000 to €33,927
- Gross operating margin -€34,932
down €34,932 (-19.1%), from €182,703 to €147,771
- Taxes -€10,143
down €10,143 (-23.7%), from €42,718 to €32,575
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 | €368,332 | €360,500 | -€7,832 | -2.1% |
| Fixed assets | 21/28 | €6,645 | €9,835 | +€3,190 | +48.0% |
| Tangible fixed assets | 22/27 | €6,645 | €9,835 | +€3,190 | +48.0% |
| Plant, machinery and equipment | 23 | €4,262 | €2,727 | -€1,535 | -36.0% |
| Furniture and vehicles | 24 | €2,383 | €7,107 | +€4,725 | +198% |
| Current assets | 29/58 | €361,687 | €350,665 | -€11,022 | -3.0% |
| Amounts receivable within one year | 40/41 | €38,709 | €32,168 | -€6,541 | -16.9% |
| Trade receivables | 40 | €20,206 | €23,884 | +€3,679 | +18.2% |
| Other amounts receivable | 41 | €18,503 | €8,284 | -€10,220 | -55.2% |
| Current investments | 50/53 | - | €306,000 | +€306,000 | |
| Cash at bank and in hand | 54/58 | €322,978 | €12,497 | -€310,481 | -96.1% |
| Total equity and liabilities | 10/49 | €368,332 | €360,500 | -€7,832 | -2.1% |
| Equity | 10/15 | €282,679 | €298,240 | +€15,561 | +5.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €296,240 | +€296,240 | |
| Distributable reserves | 133 | - | €296,240 | +€296,240 | |
| Profit (loss) carried forward | 14 | €280,679 | €0 | -€280,679 | -100% |
| Amounts payable | 17/49 | €85,652 | €62,259 | -€23,393 | -27.3% |
| Amounts payable within one year | 42/48 | €85,652 | €62,259 | -€23,393 | -27.3% |
| Trade debts | 44 | €137 | €710 | +€573 | +419% |
| Suppliers | 440/4 | €137 | €710 | +€573 | +419% |
| Taxes, remuneration and social security | 45 | €25,516 | €27,622 | +€2,107 | +8.3% |
| Taxes | 450/3 | €25,516 | €27,622 | +€2,107 | +8.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €60,000 | €33,927 | -€26,073 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,567 | €5,042 | +€475 | +10.4% |
| Other operating charges | 640/8 | €902 | €930 | +€28 | +3.1% |
| Gross operating margin | 9900 | €182,703 | €147,771 | -€34,932 | -19.1% |
| Operating profit (loss) | 9901 | €177,234 | €141,799 | -€35,435 | -20.0% |
| Financial income | 75/76B | €3,070 | €3,048 | -€22 | -0.7% |
| Recurring financial income | 75 | €3,070 | €3,048 | -€22 | -0.7% |
| Financial charges | 65/66B | €142 | €712 | +€570 | +403% |
| Recurring financial charges | 65 | €142 | €712 | +€570 | +403% |
| Profit (loss) for the period before taxes | 9903 | €180,162 | €144,136 | -€36,026 | -20.0% |
| Income taxes | 67/77 | €42,718 | €32,575 | -€10,143 | -23.7% |
| Profit (loss) for the period | 9904 | €137,444 | €111,561 | -€25,883 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €137,444 | €111,561 | -€25,883 | -18.8% |
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 15 October 2026 via checked.be.