Timboektoes: 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.
Timboektoes
Largest movements
- Receivables within one year -€25,504
down €25,504 (-54.0%), from €47,221 to €21,717
of which Other amounts receivable: -€26,515
- Tangible fixed assets -€783
down €783 (-100%), from €783 to €0
of which Plant, machinery and equipment: -€783
- Profit (loss) carried forward -€25,933
down €25,933 (-269%), from -€9,658 to -€35,590
- Accrued charges and deferred income -€885
down €885 (-100%), from €885 to €0
- Trade debts +€575
up €575 (+1,106%), from €52 to €627
- Gross operating margin -€15,144
down €15,144 (-157%), from -€9,646 to -€24,790
- Depreciation -€7,768
down €7,768 (-90.8%), from €8,551 to €783
- Financial income -€1,584
down €1,584 (-48.1%), from €3,290 to €1,706
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 | €48,210 | €21,992 | -€26,218 | -54.4% |
| Fixed assets | 21/28 | €783 | €0 | -€783 | -100% |
| Tangible fixed assets | 22/27 | €783 | €0 | -€783 | -100% |
| Plant, machinery and equipment | 23 | €783 | €0 | -€783 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €47,427 | €21,992 | -€25,435 | -53.6% |
| Amounts receivable within one year | 40/41 | €47,221 | €21,717 | -€25,504 | -54.0% |
| Trade receivables | 40 | €989 | €2,000 | +€1,011 | +102% |
| Other amounts receivable | 41 | €46,232 | €19,717 | -€26,515 | -57.4% |
| Cash at bank and in hand | 54/58 | €206 | €263 | +€58 | +28.0% |
| Deferred charges and accrued income | 490/1 | - | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €48,210 | €21,992 | -€26,218 | -54.4% |
| Equity | 10/15 | €47,094 | €21,161 | -€25,933 | -55.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,752 | €51,752 | = | 0.0% |
| Distributable reserves | 133 | €51,752 | €51,752 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,658 | -€35,590 | -€25,933 | -269% |
| Amounts payable | 17/49 | €1,116 | €831 | -€285 | -25.5% |
| Amounts payable within one year | 42/48 | €231 | €831 | +€600 | +260% |
| Trade debts | 44 | €52 | €627 | +€575 | +1,106% |
| Suppliers | 440/4 | €52 | €627 | +€575 | +1,106% |
| Taxes, remuneration and social security | 45 | €179 | €203 | +€24 | +13.6% |
| Taxes | 450/3 | €179 | €203 | +€24 | +13.6% |
| Accrued charges and deferred income | 492/3 | €885 | €0 | -€885 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,551 | €783 | -€7,768 | -90.8% |
| Other operating charges | 640/8 | €1,754 | €1,704 | -€50 | -2.8% |
| Gross operating margin | 9900 | -€9,646 | -€24,790 | -€15,144 | -157% |
| Operating profit (loss) | 9901 | -€19,951 | -€27,277 | -€7,326 | -36.7% |
| Financial income | 75/76B | €3,290 | €1,706 | -€1,584 | -48.1% |
| Recurring financial income | 75 | €3,290 | €1,706 | -€1,584 | -48.1% |
| Financial charges | 65/66B | €156 | €158 | +€2 | +1.5% |
| Recurring financial charges | 65 | €156 | €158 | +€2 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,817 | -€25,730 | -€8,912 | -53.0% |
| Income taxes | 67/77 | €179 | €203 | +€24 | +13.6% |
| Profit (loss) for the period | 9904 | -€16,996 | -€25,933 | -€8,937 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,996 | -€25,933 | -€8,937 | -52.6% |
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 21 October 2026 via checked.be.