TIMINC CONSULT: 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.
TIMINC CONSULT
Largest movements
- Cash +€25,751
up €25,751 (+61.4%), from €41,927 to €67,679
mainly Net result for the year (+€66,239) and Depreciation (+€10,584)
- Tangible fixed assets -€10,081
down €10,081 (-77.5%), from €13,011 to €2,930
of which Furniture and vehicles: -€10,294
- Receivables within one year -€1,834
down €1,834 (-9.1%), from €20,133 to €18,299
of which Trade receivables: -€2,035
- Reserves +€60,239
up €60,239 (+5430.4%), from €1,109 to €61,349
- Other debts -€43,745
down €43,745 (-72.1%), from €60,669 to €16,924
- Current portion of long-term debt -€3,291
no longer reported in 2025 (was €3,291)
- Tax, wage and social debts +€1,467
up €1,467 (+18.8%), from €7,806 to €9,273
- Gross operating margin +€4,906
up €4,906 (+5.3%), from €91,745 to €96,651
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 | €75,761 | €89,918 | +€14,157 | +18.7% |
| Fixed assets | 21/28 | €13,011 | €2,930 | -€10,081 | -77.5% |
| Tangible fixed assets | 22/27 | €13,011 | €2,930 | -€10,081 | -77.5% |
| Plant, machinery and equipment | 23 | €122 | €336 | +€214 | +175.3% |
| Furniture and vehicles | 24 | €12,889 | €2,595 | -€10,294 | -79.9% |
| Current assets | 29/58 | €62,750 | €86,987 | +€24,238 | +38.6% |
| Amounts receivable within one year | 40/41 | €20,133 | €18,299 | -€1,834 | -9.1% |
| Trade receivables | 40 | €18,315 | €16,280 | -€2,035 | -11.1% |
| Other amounts receivable | 41 | €1,818 | €2,019 | +€201 | +11.1% |
| Cash at bank and in hand | 54/58 | €41,927 | €67,679 | +€25,751 | +61.4% |
| Deferred charges and accrued income | 490/1 | €689 | €1,009 | +€320 | +46.4% |
| Total equity and liabilities | 10/49 | €75,761 | €89,918 | +€14,157 | +18.7% |
| Equity | 10/15 | €3,109 | €63,349 | +€60,239 | +1937.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,109 | €61,349 | +€60,239 | +5430.4% |
| Distributable reserves | 133 | €1,109 | €61,349 | +€60,239 | +5430.4% |
| Amounts payable | 17/49 | €72,652 | €26,569 | -€46,083 | -63.4% |
| Amounts payable within one year | 42/48 | €72,652 | €26,569 | -€46,083 | -63.4% |
| Current portion of amounts payable after more than one year | 42 | €3,291 | - | -€3,291 | |
| Trade debts | 44 | €885 | €372 | -€513 | -58.0% |
| Suppliers | 440/4 | €885 | €372 | -€513 | -58.0% |
| Taxes, remuneration and social security | 45 | €7,806 | €9,273 | +€1,467 | +18.8% |
| Taxes | 450/3 | €7,806 | €9,273 | +€1,467 | +18.8% |
| Other amounts payable | 47/48 | €60,669 | €16,924 | -€43,745 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,626 | €10,584 | -€42 | -0.4% |
| Other operating charges | 640/8 | €1,579 | €1,250 | -€329 | -20.8% |
| Gross operating margin | 9900 | €91,745 | €96,651 | +€4,906 | +5.3% |
| Operating profit (loss) | 9901 | €79,539 | €84,817 | +€5,277 | +6.6% |
| Financial charges | 65/66B | €611 | €576 | -€34 | -5.6% |
| Recurring financial charges | 65 | €611 | €576 | -€34 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €78,929 | €84,240 | +€5,311 | +6.7% |
| Income taxes | 67/77 | €18,350 | €18,001 | -€349 | -1.9% |
| Profit (loss) for the period | 9904 | €60,579 | €66,239 | +€5,660 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,579 | €66,239 | +€5,660 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.