Timonium: 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.
Timonium
Largest movements
- Tangible fixed assets -€7,916
down €7,916 (-3.4%), from €235,190 to €227,274
- Receivables within one year -€3,823
down €3,823 (-77.7%), from €4,922 to €1,099
- Debts after one year -€9,622
down €9,622 (-5.6%), from €170,764 to €161,142
- Other debts -€2,825
down €2,825 (-5.2%), from €54,141 to €51,317
- Advances received -€2,616
down €2,616 (-100.0%), from €2,616 to €0
- Gross operating margin -€686
down €686 (-4.1%), from €16,538 to €15,852
- Taxes +€467
new in 2025: €467
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.
Cash bridge derived
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 | €240,510 | €228,882 | -€11,628 | -4.8% |
| Fixed assets | 21/28 | €235,190 | €227,274 | -€7,916 | -3.4% |
| Tangible fixed assets | 22/27 | €235,190 | €227,274 | -€7,916 | -3.4% |
| Land and buildings | 22 | €235,190 | €227,274 | -€7,916 | -3.4% |
| Current assets | 29/58 | €5,320 | €1,608 | -€3,712 | -69.8% |
| Amounts receivable within one year | 40/41 | €4,922 | €1,099 | -€3,823 | -77.7% |
| Trade receivables | 40 | €4,922 | €1,099 | -€3,823 | -77.7% |
| Cash at bank and in hand | 54/58 | €398 | €510 | +€111 | +27.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €240,510 | €228,882 | -€11,628 | -4.8% |
| Equity | 10/15 | €1,090 | €4,172 | +€3,082 | +282.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €1,172 | +€1,172 | |
| Distributable reserves | 133 | - | €1,172 | +€1,172 | |
| Profit (loss) carried forward | 14 | -€1,910 | €0 | +€1,910 | |
| Amounts payable | 17/49 | €239,420 | €224,710 | -€14,710 | -6.1% |
| Amounts payable after more than one year | 17 | €170,764 | €161,142 | -€9,622 | -5.6% |
| Financial debts | 170/4 | €170,764 | €161,142 | -€9,622 | -5.6% |
| Amounts payable within one year | 42/48 | €68,656 | €62,547 | -€6,109 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €9,471 | €9,622 | +€151 | +1.6% |
| Trade debts | 44 | €2,428 | €1,141 | -€1,287 | -53.0% |
| Suppliers | 440/4 | €2,428 | €1,141 | -€1,287 | -53.0% |
| Advances received on contracts in progress | 46 | €2,616 | €0 | -€2,616 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €467 | +€467 | |
| Taxes | 450/3 | - | €467 | +€467 | |
| Other amounts payable | 47/48 | €54,141 | €51,317 | -€2,825 | -5.2% |
| Accrued charges and deferred income | 492/3 | €0 | €1,022 | +€1,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,905 | €7,916 | +€11 | +0.1% |
| Other operating charges | 640/8 | €1,321 | €1,361 | +€40 | +3.0% |
| Gross operating margin | 9900 | €16,538 | €15,852 | -€686 | -4.1% |
| Operating profit (loss) | 9901 | €7,311 | €6,575 | -€736 | -10.1% |
| Financial charges | 65/66B | €3,131 | €3,026 | -€106 | -3.4% |
| Recurring financial charges | 65 | €3,131 | €3,026 | -€106 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €4,180 | €3,549 | -€631 | -15.1% |
| Income taxes | 67/77 | - | €467 | +€467 | |
| Profit (loss) for the period | 9904 | €4,180 | €3,082 | -€1,098 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,180 | €3,082 | -€1,098 | -26.3% |
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 9 October 2026 via checked.be.