TIMO TAXI: 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.
TIMO TAXI
Largest movements
- Tangible fixed assets +€3,286
up €3,286 (+368%), from €894 to €4,180
- Receivables within one year +€2,022
up €2,022 (+110%), from €1,833 to €3,855
of which Trade receivables: +€1,788
- Cash +€1,615
up €1,615 (+456%), from €354 to €1,969
mainly Net result for the year (+€4,823) and Trade debts (+€4,622)
- Deferred charges and accrued income +€1,032
new in 2025: €1,032
- Other debts -€5,516
no longer reported in 2025 (was €5,516)
- Profit (loss) carried forward +€4,823
up €4,823 (+86.9%), from -€5,553 to -€729
- Trade debts +€4,622
up €4,622 (+414%), from €1,117 to €5,739
- Tax, wage and social debts +€4,026
new in 2025: €4,026
of which Remuneration and social security: +€3,157
- Gross operating margin +€6,818
up €6,818 (+87.8%), from €7,764 to €14,582
- Other operating charges +€2,690
up €2,690 (+432%), from €623 to €3,313
- Depreciation +€864
up €864 (+102%), from €850 to €1,714
- Taxes -€415
no longer reported in 2025 (was €415)
- Staff costs -€362
down €362 (-15.5%), from €2,342 to €1,980
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 | €3,081 | €11,035 | +€7,955 | +258% |
| Fixed assets | 21/28 | €894 | €4,180 | +€3,286 | +368% |
| Tangible fixed assets | 22/27 | €894 | €4,180 | +€3,286 | +368% |
| Furniture and vehicles | 24 | €894 | €4,180 | +€3,286 | +368% |
| Current assets | 29/58 | €2,187 | €6,856 | +€4,668 | +213% |
| Amounts receivable within one year | 40/41 | €1,833 | €3,855 | +€2,022 | +110% |
| Trade receivables | 40 | €1,246 | €3,034 | +€1,788 | +144% |
| Other amounts receivable | 41 | €588 | €822 | +€234 | +39.9% |
| Cash at bank and in hand | 54/58 | €354 | €1,969 | +€1,615 | +456% |
| Deferred charges and accrued income | 490/1 | - | €1,032 | +€1,032 | |
| Total equity and liabilities | 10/49 | €3,081 | €11,035 | +€7,955 | +258% |
| Equity | 10/15 | -€3,553 | €1,271 | +€4,823 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,553 | -€729 | +€4,823 | +86.9% |
| Amounts payable | 17/49 | €6,634 | €9,765 | +€3,131 | +47.2% |
| Amounts payable within one year | 42/48 | €6,634 | €9,765 | +€3,131 | +47.2% |
| Trade debts | 44 | €1,117 | €5,739 | +€4,622 | +414% |
| Suppliers | 440/4 | €1,117 | €5,739 | +€4,622 | +414% |
| Taxes, remuneration and social security | 45 | - | €4,026 | +€4,026 | |
| Taxes | 450/3 | - | €869 | +€869 | |
| Remuneration and social security | 454/9 | - | €3,157 | +€3,157 | |
| Other amounts payable | 47/48 | €5,516 | - | -€5,516 | |
| Remuneration, social security and pensions | 62 | €2,342 | €1,980 | -€362 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €850 | €1,714 | +€864 | +102% |
| Other operating charges | 640/8 | €623 | €3,313 | +€2,690 | +432% |
| Gross operating margin | 9900 | €7,764 | €14,582 | +€6,818 | +87.8% |
| Operating profit (loss) | 9901 | €3,949 | €7,576 | +€3,626 | +91.8% |
| Financial charges | 65/66B | €2,781 | €2,753 | -€29 | -1.0% |
| Recurring financial charges | 65 | €2,781 | €2,753 | -€29 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €1,168 | €4,823 | +€3,655 | +313% |
| Income taxes | 67/77 | €415 | - | -€415 | |
| Profit (loss) for the period | 9904 | €753 | €4,823 | +€4,071 | +541% |
| Profit (loss) for the period to be appropriated | 9905 | €753 | €4,823 | +€4,071 | +541% |
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.