TIMMERMANS ONTWIKKELING: what changed
What changed
TIMMERMANS ONTWIKKELING
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€6,582
2023 · €162,234-€168,815
Equity
€57,863
2023 · €64,444-€6,582
Cash
€0
2023 · -+€0
Balance sheet total
€190,634
2023 · €89,257+€101,377
Largest movements
Assets
- Receivables within one year +€101,377
up €101,377 (+114%), from €89,257 to €190,633
of which Trade receivables: +€118,080
Equity and liabilities
- Trade debts +€108,035
up €108,035 (+1,177%), from €9,176 to €117,211
- Profit (loss) carried forward -€6,582
down €6,582, from €0 to -€6,582
Income statement
- Gross operating margin -€182,539
down €182,539, from €178,775 to -€3,764
- Taxes -€15,611
down €15,611 (-100%), from €15,611 to €0
- Other operating charges +€2,333
up €2,333 (+386%), from €604 to €2,937
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€162,234
Gross operating margin
-€182,539
Other operating charges
-€2,333
Financial income
+€150
Financial charges
+€295
Taxes
+€15,611
Result 2024
-€6,582
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4
Investment
€0
Financing
-€4
Cash 2023
€0
From operations (derived)
+€4
Net result for the year
-€6,582
Receivables within one year
-€101,377
Trade debts
+€108,035
Tax, wage and social debts
-€73
Financing
-€4
Short-term financial debts
-€4
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,257 | €190,634 | +€101,377 | +114% |
| Current assets | 29/58 | €89,257 | €190,634 | +€101,377 | +114% |
| Amounts receivable within one year | 40/41 | €89,257 | €190,633 | +€101,377 | +114% |
| Trade receivables | 40 | - | €118,080 | +€118,080 | |
| Other amounts receivable | 41 | €89,257 | €72,554 | -€16,703 | -18.7% |
| Cash at bank and in hand | 54/58 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €89,257 | €190,634 | +€101,377 | +114% |
| Equity | 10/15 | €64,444 | €57,863 | -€6,582 | -10.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €62,444 | €62,444 | = | 0.0% |
| Distributable reserves | 133 | €62,444 | €62,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€6,582 | -€6,582 | |
| Amounts payable | 17/49 | €24,813 | €132,771 | +€107,959 | +435% |
| Amounts payable within one year | 42/48 | €24,813 | €132,771 | +€107,959 | +435% |
| Financial debts | 43 | €26 | €22 | -€4 | -14.1% |
| Credit institutions | 430/8 | €26 | €22 | -€4 | -14.1% |
| Trade debts | 44 | €9,176 | €117,211 | +€108,035 | +1,177% |
| Suppliers | 440/4 | €9,176 | €117,211 | +€108,035 | +1,177% |
| Taxes, remuneration and social security | 45 | €15,611 | €15,538 | -€73 | -0.5% |
| Taxes | 450/3 | €15,611 | €15,538 | -€73 | -0.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €604 | €2,937 | +€2,333 | +386% |
| Gross operating margin | 9900 | €178,775 | -€3,764 | -€182,539 | |
| Operating profit (loss) | 9901 | €178,171 | -€6,702 | -€184,872 | |
| Financial income | 75/76B | €13 | €163 | +€150 | +1,178% |
| Recurring financial income | 75 | €13 | €163 | +€150 | +1,178% |
| Financial charges | 65/66B | €339 | €43 | -€295 | -87.2% |
| Recurring financial charges | 65 | €339 | €43 | -€295 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | €177,845 | -€6,582 | -€184,426 | |
| Income taxes | 67/77 | €15,611 | €0 | -€15,611 | -100% |
| Profit (loss) for the period | 9904 | €162,234 | -€6,582 | -€168,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €162,234 | -€6,582 | -€168,815 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.