TIMILICLA: what changed
Two fiscal 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.
TIMILICLA
Largest movements
- Cash -€57,429
down €57,429 (-61.4%), from €93,472 to €36,043
mainly Contributions, distributions and other (-€60,000) and Trade debts (-€19,744)
- Receivables within one year -€7,890
down €7,890 (-68.3%), from €11,547 to €3,657
- Intangible fixed assets -€3,000
down €3,000 (-26.7%), from €11,250 to €8,250
- Profit (loss) carried forward -€34,416
down €34,416 (-37.4%), from €91,932 to €57,516
- Trade debts -€19,744
down €19,744 (-81.3%), from €24,291 to €4,547
- Short-term financial debts -€9,460
no longer reported in 2025 (was €9,460)
- Current portion of long-term debt -€3,716
down €3,716 (-31.6%), from €11,755 to €8,038
- Tax, wage and social debts -€2,353
down €2,353 (-13.3%), from €17,667 to €15,314
of which Remuneration and social security: -€2,481
- Staff costs +€11,414
up €11,414 (+15.3%), from €74,692 to €86,106
- Depreciation +€4,028
up €4,028 (+21.1%), from €19,068 to €23,096
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.
Cash bridge derived
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 | €176,771 | €105,378 | -€71,393 | -40.4% |
| Fixed assets | 21/28 | €63,458 | €59,544 | -€3,913 | -6.2% |
| Intangible fixed assets | 21 | €11,250 | €8,250 | -€3,000 | -26.7% |
| Tangible fixed assets | 22/27 | €46,558 | €45,644 | -€913 | -2.0% |
| Land and buildings | 22 | €14,404 | €14,554 | +€150 | +1.0% |
| Plant, machinery and equipment | 23 | €18,200 | €18,924 | +€724 | +4.0% |
| Furniture and vehicles | 24 | €7,863 | €8,121 | +€258 | +3.3% |
| Leasing and similar rights | 25 | €6,090 | €4,045 | -€2,045 | -33.6% |
| Financial fixed assets | 28 | €5,650 | €5,650 | = | 0.0% |
| Current assets | 29/58 | €113,313 | €45,833 | -€67,480 | -59.6% |
| Stocks and contracts in progress | 3 | €4,822 | €4,072 | -€750 | -15.5% |
| Stocks | 30/36 | €4,822 | €4,072 | -€750 | -15.5% |
| Amounts receivable within one year | 40/41 | €11,547 | €3,657 | -€7,890 | -68.3% |
| Other amounts receivable | 41 | €11,547 | €3,657 | -€7,890 | -68.3% |
| Cash at bank and in hand | 54/58 | €93,472 | €36,043 | -€57,429 | -61.4% |
| Deferred charges and accrued income | 490/1 | €3,472 | €2,061 | -€1,411 | -40.6% |
| Total equity and liabilities | 10/49 | €176,771 | €105,378 | -€71,393 | -40.4% |
| Equity | 10/15 | €106,932 | €72,516 | -€34,416 | -32.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,932 | €57,516 | -€34,416 | -37.4% |
| Amounts payable | 17/49 | €69,839 | €32,862 | -€36,977 | -52.9% |
| Amounts payable after more than one year | 17 | €5,667 | €3,371 | -€2,295 | -40.5% |
| Financial debts | 170/4 | €5,667 | €3,371 | -€2,295 | -40.5% |
| Amounts payable within one year | 42/48 | €64,172 | €29,491 | -€34,682 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €11,755 | €8,038 | -€3,716 | -31.6% |
| Financial debts | 43 | €9,460 | - | -€9,460 | |
| Credit institutions | 430/8 | €9,460 | - | -€9,460 | |
| Trade debts | 44 | €24,291 | €4,547 | -€19,744 | -81.3% |
| Suppliers | 440/4 | €24,291 | €4,547 | -€19,744 | -81.3% |
| Taxes, remuneration and social security | 45 | €17,667 | €15,314 | -€2,353 | -13.3% |
| Taxes | 450/3 | €9,745 | €9,873 | +€128 | +1.3% |
| Remuneration and social security | 454/9 | €7,921 | €5,441 | -€2,481 | -31.3% |
| Other amounts payable | 47/48 | €1,000 | €1,592 | +€592 | +59.2% |
| Non-recurring operating income | 76A | - | €700 | +€700 | |
| Remuneration, social security and pensions | 62 | €74,692 | €86,106 | +€11,414 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,068 | €23,096 | +€4,028 | +21.1% |
| Other operating charges | 640/8 | €7,743 | €6,575 | -€1,168 | -15.1% |
| Gross operating margin | 9900 | €157,168 | €158,442 | +€1,273 | +0.8% |
| Operating profit (loss) | 9901 | €55,666 | €42,665 | -€13,001 | -23.4% |
| Financial income | 75/76B | €1,800 | €950 | -€850 | -47.2% |
| Recurring financial income | 75 | €1,800 | €950 | -€850 | -47.2% |
| Non-recurring financial income | 76B | €1,800 | €950 | -€850 | -47.2% |
| Financial charges | 65/66B | €3,647 | €3,688 | +€41 | +1.1% |
| Recurring financial charges | 65 | €3,647 | €3,688 | +€41 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €53,819 | €39,927 | -€13,892 | -25.8% |
| Income taxes | 67/77 | €14,453 | €14,343 | -€110 | -0.8% |
| Profit (loss) for the period | 9904 | €39,366 | €25,584 | -€13,782 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,366 | €25,584 | -€13,782 | -35.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.