TIMELESS INTERIORS: 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.
TIMELESS INTERIORS
Largest movements
- Receivables within one year -€73,991
down €73,991 (-32.4%), from €228,604 to €154,614
of which Other amounts receivable: -€108,972
- Stocks and contracts -€17,989
down €17,989 (-4.9%), from €364,560 to €346,571
- Tangible fixed assets -€10,376
down €10,376 (-3.7%), from €283,885 to €273,510
of which Land and buildings: -€7,216
- Other debts -€80,000
no longer reported in 2025 (was €80,000)
- Debts after one year -€38,548
down €38,548 (-17.5%), from €220,741 to €182,193
- Reserves +€36,193
up €36,193 (+15.1%), from €240,399 to €276,593
- Tax, wage and social debts -€29,580
down €29,580 (-61.6%), from €48,044 to €18,464
of which Remuneration and social security: -€18,552
- Trade debts +€11,099
up €11,099 (+8.7%), from €127,398 to €138,498
- Staff costs -€56,437
down €56,437 (-36.7%), from €153,706 to €97,269
- Gross operating margin -€52,183
down €52,183 (-21.5%), from €242,697 to €190,513
- Write-downs -€22,935
down €22,935, from €4,112 to -€18,822
- Financial income -€8,696
down €8,696 (-97.2%), from €8,943 to €247
- Other operating charges -€4,976
down €4,976 (-66.1%), from €7,525 to €2,549
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 | €944,212 | €827,961 | -€116,251 | -12.3% |
| Fixed assets | 21/28 | €315,188 | €300,368 | -€14,820 | -4.7% |
| Intangible fixed assets | 21 | €21,543 | €17,099 | -€4,444 | -20.6% |
| Tangible fixed assets | 22/27 | €283,885 | €273,510 | -€10,376 | -3.7% |
| Land and buildings | 22 | €276,749 | €269,533 | -€7,216 | -2.6% |
| Furniture and vehicles | 24 | €5,348 | €3,279 | -€2,070 | -38.7% |
| Other tangible fixed assets | 26 | €1,788 | €698 | -€1,090 | -61.0% |
| Financial fixed assets | 28 | €9,760 | €9,760 | = | 0.0% |
| Current assets | 29/58 | €629,023 | €527,593 | -€101,430 | -16.1% |
| Stocks and contracts in progress | 3 | €364,560 | €346,571 | -€17,989 | -4.9% |
| Stocks | 30/36 | €364,560 | €346,571 | -€17,989 | -4.9% |
| Amounts receivable within one year | 40/41 | €228,604 | €154,614 | -€73,991 | -32.4% |
| Trade receivables | 40 | €37,498 | €72,480 | +€34,981 | +93.3% |
| Other amounts receivable | 41 | €191,106 | €82,134 | -€108,972 | -57.0% |
| Cash at bank and in hand | 54/58 | €30,458 | €25,992 | -€4,466 | -14.7% |
| Deferred charges and accrued income | 490/1 | €5,401 | €416 | -€4,985 | -92.3% |
| Total equity and liabilities | 10/49 | €944,212 | €827,961 | -€116,251 | -12.3% |
| Equity | 10/15 | €258,999 | €295,193 | +€36,193 | +14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240,399 | €276,593 | +€36,193 | +15.1% |
| Distributable reserves | 133 | €240,399 | €276,593 | +€36,193 | +15.1% |
| Amounts payable | 17/49 | €685,212 | €532,768 | -€152,444 | -22.2% |
| Amounts payable after more than one year | 17 | €220,741 | €182,193 | -€38,548 | -17.5% |
| Financial debts | 170/4 | €220,741 | €182,193 | -€38,548 | -17.5% |
| Amounts payable within one year | 42/48 | €464,471 | €350,575 | -€113,896 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €45,117 | €38,548 | -€6,569 | -14.6% |
| Financial debts | 43 | €155,078 | €155,066 | -€11 | 0.0% |
| Credit institutions | 430/8 | €155,078 | €5,066 | -€150,011 | -96.7% |
| Other loans | 439 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €127,398 | €138,498 | +€11,099 | +8.7% |
| Suppliers | 440/4 | €127,398 | €138,498 | +€11,099 | +8.7% |
| Advances received on contracts in progress | 46 | €8,835 | - | -€8,835 | |
| Taxes, remuneration and social security | 45 | €48,044 | €18,464 | -€29,580 | -61.6% |
| Taxes | 450/3 | €18,934 | €7,905 | -€11,028 | -58.2% |
| Remuneration and social security | 454/9 | €29,110 | €10,558 | -€18,552 | -63.7% |
| Other amounts payable | 47/48 | €80,000 | - | -€80,000 | |
| Non-recurring operating income | 76A | €2,576 | €8,264 | +€5,689 | +221% |
| Remuneration, social security and pensions | 62 | €153,706 | €97,269 | -€56,437 | -36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,503 | €14,820 | -€3,683 | -19.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,112 | -€18,822 | -€22,935 | |
| Other operating charges | 640/8 | €7,525 | €2,549 | -€4,976 | -66.1% |
| Non-recurring operating charges | 66A | - | €2,766 | +€2,766 | |
| Gross operating margin | 9900 | €242,697 | €190,513 | -€52,183 | -21.5% |
| Operating profit (loss) | 9901 | €58,850 | €91,931 | +€33,081 | +56.2% |
| Financial income | 75/76B | €8,943 | €247 | -€8,696 | -97.2% |
| Recurring financial income | 75 | €8,943 | €247 | -€8,696 | -97.2% |
| Financial charges | 65/66B | €39,021 | €42,576 | +€3,555 | +9.1% |
| Recurring financial charges | 65 | €39,021 | €42,576 | +€3,555 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €28,773 | €49,602 | +€20,830 | +72.4% |
| Income taxes | 67/77 | €9,614 | €13,409 | +€3,795 | +39.5% |
| Profit (loss) for the period | 9904 | €19,158 | €36,193 | +€17,035 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,158 | €36,193 | +€17,035 | +88.9% |
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 27 October 2026 via checked.be.