TIMELESS INVEST: 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 INVEST
Largest movements
- Receivables within one year +€78,564
up €78,564 (+162%), from €48,400 to €126,964
of which Other amounts receivable: +€126,670
- Cash +€31,359
up €31,359 (+98.7%), from €31,757 to €63,116
mainly Net result for the year (+€106,485) and Depreciation (+€22,830)
- Tangible fixed assets -€22,830
down €22,830 (-2.6%), from €874,532 to €851,702
- Profit (loss) carried forward +€106,485
up €106,485, from -€34,230 to €72,255
- Debts after one year -€34,327
down €34,327 (-4.7%), from €723,103 to €688,776
- Tax, wage and social debts +€16,690
up €16,690 (+201%), from €8,310 to €25,000
- Gross operating margin +€63,199
up €63,199 (+50.3%), from €125,652 to €188,851
- Taxes +€25,000
new in 2025: €25,000
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 | €954,689 | €1,041,782 | +€87,093 | +9.1% |
| Fixed assets | 21/28 | €874,532 | €851,702 | -€22,830 | -2.6% |
| Tangible fixed assets | 22/27 | €874,532 | €851,702 | -€22,830 | -2.6% |
| Land and buildings | 22 | €874,532 | €851,702 | -€22,830 | -2.6% |
| Current assets | 29/58 | €80,157 | €190,080 | +€109,923 | +137% |
| Amounts receivable within one year | 40/41 | €48,400 | €126,964 | +€78,564 | +162% |
| Trade receivables | 40 | €48,400 | €294 | -€48,106 | -99.4% |
| Other amounts receivable | 41 | - | €126,670 | +€126,670 | |
| Cash at bank and in hand | 54/58 | €31,757 | €63,116 | +€31,359 | +98.7% |
| Total equity and liabilities | 10/49 | €954,689 | €1,041,782 | +€87,093 | +9.1% |
| Equity | 10/15 | €110,429 | €216,914 | +€106,485 | +96.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Revaluation surpluses | 12 | €94,659 | €94,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,230 | €72,255 | +€106,485 | |
| Amounts payable | 17/49 | €844,260 | €824,868 | -€19,392 | -2.3% |
| Amounts payable after more than one year | 17 | €723,103 | €688,776 | -€34,327 | -4.7% |
| Financial debts | 170/4 | €723,103 | €688,776 | -€34,327 | -4.7% |
| Amounts payable within one year | 42/48 | €120,959 | €136,092 | +€15,133 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €32,885 | €33,326 | +€441 | +1.3% |
| Trade debts | 44 | €741 | €126 | -€615 | -83.0% |
| Suppliers | 440/4 | €741 | €126 | -€615 | -83.0% |
| Taxes, remuneration and social security | 45 | €8,310 | €25,000 | +€16,690 | +201% |
| Taxes | 450/3 | €8,310 | €25,000 | +€16,690 | +201% |
| Other amounts payable | 47/48 | €79,023 | €77,640 | -€1,383 | -1.8% |
| Accrued charges and deferred income | 492/3 | €198 | - | -€198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,151 | €22,830 | +€679 | +3.1% |
| Other operating charges | 640/8 | €2,318 | €2,250 | -€68 | -2.9% |
| Gross operating margin | 9900 | €125,652 | €188,851 | +€63,199 | +50.3% |
| Operating profit (loss) | 9901 | €101,183 | €163,771 | +€62,588 | +61.9% |
| Financial charges | 65/66B | €31,988 | €32,286 | +€298 | +0.9% |
| Recurring financial charges | 65 | €31,988 | €32,286 | +€298 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €69,195 | €131,485 | +€62,290 | +90.0% |
| Income taxes | 67/77 | - | €25,000 | +€25,000 | |
| Profit (loss) for the period | 9904 | €69,195 | €106,485 | +€37,290 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,195 | €106,485 | +€37,290 | +53.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.