TIMMERMANS-AGRI: 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.
TIMMERMANS-AGRI
Largest movements
- Stocks and contracts +€41,956
up €41,956 (+52.4%), from €80,129 to €122,085
- Cash +€29,442
up €29,442 (+114%), from €25,852 to €55,293
mainly Trade debts (+€33,370) and Accrued charges and deferred income (+€16,750)
- Tangible fixed assets -€8,230
down €8,230 (-12.8%), from €64,097 to €55,867
of which Leasing and similar rights: -€9,345
- Receivables within one year +€5,427
up €5,427 (+12.6%), from €43,213 to €48,641
of which Trade receivables: +€6,185
- Trade debts +€33,370
up €33,370 (+56.1%), from €59,524 to €92,894
- Accrued charges and deferred income +€16,750
up €16,750 (+11,166,867%), from €0 to €16,750
- Profit (loss) carried forward +€16,368
up €16,368, from -€14,052 to €2,316
- Tax, wage and social debts +€13,168
up €13,168 (+442%), from €2,978 to €16,145
- Debts after one year -€9,072
down €9,072 (-85.6%), from €10,603 to €1,531
- Gross operating margin +€13,993
up €13,993 (+59.7%), from €23,422 to €37,415
- Financial income -€7,487
down €7,487 (-75.7%), from €9,893 to €2,406
- Depreciation +€1,892
up €1,892 (+16.5%), from €11,438 to €13,331
- Financial charges +€981
up €981 (+14.3%), from €6,844 to €7,826
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 | €217,444 | €285,634 | +€68,190 | +31.4% |
| Fixed assets | 21/28 | €64,097 | €55,867 | -€8,230 | -12.8% |
| Tangible fixed assets | 22/27 | €64,097 | €55,867 | -€8,230 | -12.8% |
| Furniture and vehicles | 24 | €602 | €1,828 | +€1,227 | +204% |
| Leasing and similar rights | 25 | €20,200 | €10,855 | -€9,345 | -46.3% |
| Other tangible fixed assets | 26 | €43,296 | €43,183 | -€113 | -0.3% |
| Current assets | 29/58 | €153,347 | €229,767 | +€76,420 | +49.8% |
| Stocks and contracts in progress | 3 | €80,129 | €122,085 | +€41,956 | +52.4% |
| Stocks | 30/36 | €80,129 | €122,085 | +€41,956 | +52.4% |
| Amounts receivable within one year | 40/41 | €43,213 | €48,641 | +€5,427 | +12.6% |
| Trade receivables | 40 | €42,195 | €48,380 | +€6,185 | +14.7% |
| Other amounts receivable | 41 | €1,018 | €261 | -€757 | -74.4% |
| Cash at bank and in hand | 54/58 | €25,852 | €55,293 | +€29,442 | +114% |
| Deferred charges and accrued income | 490/1 | €4,152 | €3,748 | -€404 | -9.7% |
| Total equity and liabilities | 10/49 | €217,444 | €285,634 | +€68,190 | +31.4% |
| Equity | 10/15 | €208 | €16,576 | +€16,368 | +7,877% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,052 | €2,316 | +€16,368 | |
| Amounts payable | 17/49 | €217,236 | €269,057 | +€51,822 | +23.9% |
| Amounts payable after more than one year | 17 | €10,603 | €1,531 | -€9,072 | -85.6% |
| Financial debts | 170/4 | €10,603 | €1,531 | -€9,072 | -85.6% |
| Amounts payable within one year | 42/48 | €206,633 | €250,776 | +€44,143 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €8,876 | €9,072 | +€196 | +2.2% |
| Trade debts | 44 | €59,524 | €92,894 | +€33,370 | +56.1% |
| Suppliers | 440/4 | €59,524 | €92,894 | +€33,370 | +56.1% |
| Taxes, remuneration and social security | 45 | €2,978 | €16,145 | +€13,168 | +442% |
| Taxes | 450/3 | €2,978 | €16,145 | +€13,168 | +442% |
| Other amounts payable | 47/48 | €135,255 | €132,665 | -€2,590 | -1.9% |
| Accrued charges and deferred income | 492/3 | €0 | €16,750 | +€16,750 | +11,166,867% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,438 | €13,331 | +€1,892 | +16.5% |
| Other operating charges | 640/8 | €1,787 | €1,812 | +€26 | +1.4% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €23,422 | €37,415 | +€13,993 | +59.7% |
| Operating profit (loss) | 9901 | €10,197 | €22,208 | +€12,012 | +118% |
| Financial income | 75/76B | €9,893 | €2,406 | -€7,487 | -75.7% |
| Recurring financial income | 75 | €9,893 | €2,406 | -€7,487 | -75.7% |
| Financial charges | 65/66B | €6,844 | €7,826 | +€981 | +14.3% |
| Recurring financial charges | 65 | €6,844 | €7,826 | +€981 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €13,245 | €16,788 | +€3,543 | +26.8% |
| Income taxes | 67/77 | €462 | €420 | -€42 | -9.1% |
| Profit (loss) for the period | 9904 | €12,783 | €16,368 | +€3,585 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,783 | €16,368 | +€3,585 | +28.0% |
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 28 October 2026 via checked.be.