Timo Invest: what changed
Timo Invest
Largest movements
- Tangible fixed assets +€55,036
up €55,036 (+8,464%), from €650 to €55,686
- Cash -€3,002
down €3,002 (-56.5%), from €5,317 to €2,315
mainly Investment in fixed assets (net) (-€55,707) and Tax, wage and social debts (-€385)
- Intangible fixed assets -€3,000
down €3,000 (-12.6%), from €23,860 to €20,860
- Receivables within one year -€1,760
down €1,760 (-5.5%), from €31,908 to €30,148
of which Other amounts receivable: -€8,669
- Profit (loss) carried forward +€27,085
up €27,085 (+19.0%), from -€142,288 to -€115,203
- Trade debts +€15,481
up €15,481 (+179%), from €8,630 to €24,110
- Other debts +€4,112
up €4,112 (+1.7%), from €241,349 to €245,461
- Gross operating margin +€56,651
up €56,651, from -€15,655 to €40,996
- Other operating charges +€734
up €734 (+121%), from €606 to €1,340
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,185 | €159,478 | +€46,293 | +40.9% |
| Fixed assets | 21/28 | €24,511 | €76,547 | +€52,036 | +212% |
| Intangible fixed assets | 21 | €23,860 | €20,860 | -€3,000 | -12.6% |
| Tangible fixed assets | 22/27 | €650 | €55,686 | +€55,036 | +8,464% |
| Furniture and vehicles | 24 | €650 | €55,686 | +€55,036 | +8,464% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €88,674 | €82,931 | -€5,743 | -6.5% |
| Stocks and contracts in progress | 3 | €50,000 | €50,000 | = | 0.0% |
| Stocks | 30/36 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,908 | €30,148 | -€1,760 | -5.5% |
| Trade receivables | 40 | €5,873 | €12,781 | +€6,909 | +118% |
| Other amounts receivable | 41 | €26,035 | €17,366 | -€8,669 | -33.3% |
| Cash at bank and in hand | 54/58 | €5,317 | €2,315 | -€3,002 | -56.5% |
| Deferred charges and accrued income | 490/1 | €1,450 | €469 | -€981 | -67.7% |
| Total equity and liabilities | 10/49 | €113,185 | €159,478 | +€46,293 | +40.9% |
| Equity | 10/15 | -€137,288 | -€110,203 | +€27,085 | +19.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,288 | -€115,203 | +€27,085 | +19.0% |
| Amounts payable | 17/49 | €250,473 | €269,681 | +€19,208 | +7.7% |
| Amounts payable within one year | 42/48 | €250,473 | €269,681 | +€19,208 | +7.7% |
| Trade debts | 44 | €8,630 | €24,110 | +€15,481 | +179% |
| Suppliers | 440/4 | €8,630 | €24,110 | +€15,481 | +179% |
| Taxes, remuneration and social security | 45 | €494 | €109 | -€385 | -78.0% |
| Taxes | 450/3 | €494 | €109 | -€385 | -78.0% |
| Other amounts payable | 47/48 | €241,349 | €245,461 | +€4,112 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,579 | €3,670 | +€92 | +2.6% |
| Other operating charges | 640/8 | €606 | €1,340 | +€734 | +121% |
| Non-recurring operating charges | 66A | €13,510 | €1,149 | -€12,362 | -91.5% |
| Gross operating margin | 9900 | -€15,655 | €40,996 | +€56,651 | |
| Operating profit (loss) | 9901 | -€33,350 | €34,837 | +€68,187 | |
| Financial income | 75/76B | €14 | €136 | +€121 | +848% |
| Recurring financial income | 75 | €14 | €136 | +€121 | +848% |
| Financial charges | 65/66B | €7,578 | €7,586 | +€8 | +0.1% |
| Recurring financial charges | 65 | €7,578 | €7,586 | +€8 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,914 | €27,386 | +€68,301 | |
| Income taxes | 67/77 | €256 | €301 | +€45 | +17.8% |
| Profit (loss) for the period | 9904 | -€41,170 | €27,085 | +€68,255 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,170 | €27,085 | +€68,255 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.