Timmermans & Co: 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 & Co
Largest movements
- Cash -€403,395
down €403,395 (-85.9%), from €469,340 to €65,945
mainly Current investments (-€362,472) and Receivables within one year (-€82,131)
- Current investments +€362,472
up €362,472 (+93.3%), from €388,444 to €750,916
- Receivables within one year +€82,131
up €82,131 (+364%), from €22,592 to €104,722
of which Other amounts receivable: +€85,670
- Reserves +€36,000
up €36,000 (+6.1%), from €586,737 to €622,737
- Financial charges -€90,871
down €90,871 (-97.2%), from €93,484 to €2,613
of which Non-recurring financial charges: -€90,947
- Financial income -€48,216
down €48,216 (-41.3%), from €116,828 to €68,612
- Taxes +€12,319
up €12,319 (+329%), from €3,743 to €16,061
- Gross operating margin -€9,039
down €9,039, from €996 to -€8,043
- Other operating charges -€352
down €352 (-8.4%), from €4,200 to €3,848
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 | €1,139,405 | €1,181,588 | +€42,182 | +3.7% |
| Fixed assets | 21/28 | €259,030 | €260,004 | +€974 | +0.4% |
| Tangible fixed assets | 22/27 | €259,030 | €260,004 | +€974 | +0.4% |
| Land and buildings | 22 | €234,972 | €234,972 | = | 0.0% |
| Plant, machinery and equipment | 23 | €24,058 | €25,033 | +€974 | +4.1% |
| Current assets | 29/58 | €880,375 | €921,583 | +€41,208 | +4.7% |
| Amounts receivable within one year | 40/41 | €22,592 | €104,722 | +€82,131 | +364% |
| Trade receivables | 40 | €3,539 | - | -€3,539 | |
| Other amounts receivable | 41 | €19,052 | €104,722 | +€85,670 | +450% |
| Current investments | 50/53 | €388,444 | €750,916 | +€362,472 | +93.3% |
| Cash at bank and in hand | 54/58 | €469,340 | €65,945 | -€403,395 | -85.9% |
| Total equity and liabilities | 10/49 | €1,139,405 | €1,181,588 | +€42,182 | +3.7% |
| Equity | 10/15 | €1,136,042 | €1,174,090 | +€38,047 | +3.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €586,737 | €622,737 | +€36,000 | +6.1% |
| Distributable reserves | 133 | €586,737 | €622,737 | +€36,000 | +6.1% |
| Profit (loss) carried forward | 14 | €524,516 | €526,563 | +€2,047 | +0.4% |
| Amounts payable | 17/49 | €3,363 | €7,498 | +€4,135 | +123% |
| Amounts payable within one year | 42/48 | €3,363 | €7,498 | +€4,135 | +123% |
| Trade debts | 44 | €617 | €217 | -€401 | -64.9% |
| Suppliers | 440/4 | €617 | €217 | -€401 | -64.9% |
| Taxes, remuneration and social security | 45 | €2,746 | €7,281 | +€4,536 | +165% |
| Taxes | 450/3 | €2,746 | €7,281 | +€4,536 | +165% |
| Other operating charges | 640/8 | €4,200 | €3,848 | -€352 | -8.4% |
| Gross operating margin | 9900 | €996 | -€8,043 | -€9,039 | |
| Operating profit (loss) | 9901 | -€3,204 | -€11,890 | -€8,686 | -271% |
| Financial income | 75/76B | €116,828 | €68,612 | -€48,216 | -41.3% |
| Recurring financial income | 75 | €116,828 | €68,612 | -€48,216 | -41.3% |
| Financial charges | 65/66B | €93,484 | €2,613 | -€90,871 | -97.2% |
| Recurring financial charges | 65 | €2,537 | €2,613 | +€76 | +3.0% |
| Non-recurring financial charges | 66B | €90,947 | - | -€90,947 | |
| Profit (loss) for the period before taxes | 9903 | €20,139 | €54,109 | +€33,969 | +169% |
| Income taxes | 67/77 | €3,743 | €16,061 | +€12,319 | +329% |
| Profit (loss) for the period | 9904 | €16,397 | €38,047 | +€21,651 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €16,397 | €38,047 | +€21,651 | +132% |
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 21 October 2026 via checked.be.