Timmermans B.: 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 B.
Largest movements
- Cash +€13,608
up €13,608 (+53.2%), from €25,590 to €39,197
mainly Net result for the year (+€11,640) and Receivables within one year (+€1,169)
- Receivables within one year -€1,169
down €1,169 (-55.2%), from €2,119 to €950
- Profit (loss) carried forward +€11,640
up €11,640 (+64.4%), from €18,069 to €29,709
- Tax, wage and social debts +€839
up €839 (+12.3%), from €6,808 to €7,647
- Other operating charges -€2,076
down €2,076 (-80.0%), from €2,595 to €520
- Gross operating margin +€1,052
up €1,052 (+6.9%), from €15,250 to €16,302
- Taxes +€745
up €745 (+23.1%), from €3,232 to €3,977
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 | €27,709 | €40,147 | +€12,438 | +44.9% |
| Current assets | 29/58 | €27,709 | €40,147 | +€12,438 | +44.9% |
| Amounts receivable within one year | 40/41 | €2,119 | €950 | -€1,169 | -55.2% |
| Trade receivables | 40 | €2,119 | €950 | -€1,169 | -55.2% |
| Cash at bank and in hand | 54/58 | €25,590 | €39,197 | +€13,608 | +53.2% |
| Total equity and liabilities | 10/49 | €27,709 | €40,147 | +€12,438 | +44.9% |
| Equity | 10/15 | €20,569 | €32,209 | +€11,640 | +56.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,069 | €29,709 | +€11,640 | +64.4% |
| Amounts payable | 17/49 | €7,140 | €7,939 | +€798 | +11.2% |
| Amounts payable within one year | 42/48 | €7,140 | €7,939 | +€798 | +11.2% |
| Trade debts | 44 | €53 | €12 | -€41 | -78.1% |
| Suppliers | 440/4 | €53 | €12 | -€41 | -78.1% |
| Taxes, remuneration and social security | 45 | €6,808 | €7,647 | +€839 | +12.3% |
| Taxes | 450/3 | €6,808 | €7,647 | +€839 | +12.3% |
| Other amounts payable | 47/48 | €280 | €280 | = | 0.0% |
| Other operating charges | 640/8 | €2,595 | €520 | -€2,076 | -80.0% |
| Gross operating margin | 9900 | €15,250 | €16,302 | +€1,052 | +6.9% |
| Operating profit (loss) | 9901 | €12,655 | €15,782 | +€3,127 | +24.7% |
| Financial charges | 65/66B | €131 | €166 | +€35 | +26.7% |
| Recurring financial charges | 65 | €131 | €166 | +€35 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €12,524 | €15,617 | +€3,092 | +24.7% |
| Income taxes | 67/77 | €3,232 | €3,977 | +€745 | +23.1% |
| Profit (loss) for the period | 9904 | €9,292 | €11,640 | +€2,347 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,292 | €11,640 | +€2,347 | +25.3% |
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 23 October 2026 via checked.be.