Timi UpKot: 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.
Timi UpKot
Largest movements
- Tangible fixed assets -€627,732
down €627,732 (-4.0%), from €15.7m to €15.1m
- Receivables within one year +€395,869
up €395,869 (+14,285%), from €2,771 to €398,640
of which Other amounts receivable: +€395,000
- Cash -€368,492
down €368,492 (-78.1%), from €471,883 to €103,391
mainly Contributions, distributions and other (-€719,600) and Receivables within one year (-€395,869)
- Financial fixed assets -€300,000
down €300,000 (-3.3%), from €9.0m to €8.7m
- Contributions -€719,600
down €719,600 (-4.2%), from €17.1m to €16.3m
- Gross operating margin +€12,248
up €12,248 (+1.9%), from €631,108 to €643,357
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 | €25,222,010 | €24,321,861 | -€900,149 | -3.6% |
| Fixed assets | 21/28 | €24,728,257 | €23,800,525 | -€927,732 | -3.8% |
| Tangible fixed assets | 22/27 | €15,685,417 | €15,057,684 | -€627,732 | -4.0% |
| Land and buildings | 22 | €15,685,417 | €15,057,684 | -€627,732 | -4.0% |
| Financial fixed assets | 28 | €9,042,840 | €8,742,840 | -€300,000 | -3.3% |
| Current assets | 29/58 | €493,753 | €521,337 | +€27,583 | +5.6% |
| Amounts receivable within one year | 40/41 | €2,771 | €398,640 | +€395,869 | +14,285% |
| Trade receivables | 40 | €2,771 | €3,640 | +€869 | +31.4% |
| Other amounts receivable | 41 | €0 | €395,000 | +€395,000 | |
| Cash at bank and in hand | 54/58 | €471,883 | €103,391 | -€368,492 | -78.1% |
| Deferred charges and accrued income | 490/1 | €19,099 | €19,306 | +€207 | +1.1% |
| Total equity and liabilities | 10/49 | €25,222,010 | €24,321,861 | -€900,149 | -3.6% |
| Equity | 10/15 | €15,289,702 | €14,388,870 | -€900,833 | -5.9% |
| Contributions | 10/11 | €17,065,975 | €16,346,375 | -€719,600 | -4.2% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,782,773 | -€1,964,005 | -€181,233 | -10.2% |
| Amounts payable | 17/49 | €9,932,308 | €9,932,992 | +€684 | 0.0% |
| Amounts payable after more than one year | 17 | €9,882,800 | €9,882,800 | = | 0.0% |
| Financial debts | 170/4 | €9,882,800 | €9,882,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,719 | €10,568 | -€152 | -1.4% |
| Trade debts | 44 | €10,719 | €10,568 | -€152 | -1.4% |
| Suppliers | 440/4 | €10,719 | €10,568 | -€152 | -1.4% |
| Accrued charges and deferred income | 492/3 | €38,788 | €39,624 | +€835 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627,732 | €627,732 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€830 | -€528 | +€303 | +36.5% |
| Other operating charges | 640/8 | €51,643 | €53,483 | +€1,840 | +3.6% |
| Gross operating margin | 9900 | €631,108 | €643,357 | +€12,248 | +1.9% |
| Operating profit (loss) | 9901 | -€47,437 | -€37,331 | +€10,106 | +21.3% |
| Financial income | 75/76B | €7,399 | €6,142 | -€1,257 | -17.0% |
| Recurring financial income | 75 | €7,399 | €6,142 | -€1,257 | -17.0% |
| Financial charges | 65/66B | €150,630 | €150,044 | -€586 | -0.4% |
| Recurring financial charges | 65 | €150,630 | €150,044 | -€586 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | -€190,668 | -€181,233 | +€9,435 | +4.9% |
| Profit (loss) for the period | 9904 | -€190,668 | -€181,233 | +€9,435 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€190,668 | -€181,233 | +€9,435 | +4.9% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.