TIMOTHY FLORIDOR: 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.
TIMOTHY FLORIDOR
Largest movements
- Cash +€23,003
up €23,003 (+27.0%), from €85,151 to €108,154
mainly Net result for the year (+€50,633) and Receivables within one year (+€11,271)
- Receivables within one year -€11,271
down €11,271 (-30.0%), from €37,544 to €26,273
- Reserves +€53,636
up €53,636 (+20.8%), from €257,660 to €311,296
of which Non-distributable reserves: +€50,000
- Other debts -€42,750
down €42,750 (-100%), from €42,750 to €0
- Trade debts +€7,159
up €7,159 (+2,458%), from €291 to €7,450
- Tax, wage and social debts -€4,157
down €4,157 (-24.1%), from €17,263 to €13,106
- Gross operating margin -€10,782
down €10,782 (-13.6%), from €79,479 to €68,697
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 | €327,167 | €338,051 | +€10,884 | +3.3% |
| Fixed assets | 21/28 | €2,972 | €2,118 | -€854 | -28.7% |
| Tangible fixed assets | 22/27 | €2,916 | €2,062 | -€854 | -29.3% |
| Furniture and vehicles | 24 | €2,916 | €2,062 | -€854 | -29.3% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €324,195 | €335,933 | +€11,738 | +3.6% |
| Amounts receivable within one year | 40/41 | €37,544 | €26,273 | -€11,271 | -30.0% |
| Trade receivables | 40 | €37,544 | €26,273 | -€11,271 | -30.0% |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,151 | €108,154 | +€23,003 | +27.0% |
| Deferred charges and accrued income | 490/1 | €1,499 | €1,506 | +€7 | +0.5% |
| Total equity and liabilities | 10/49 | €327,167 | €338,051 | +€10,884 | +3.3% |
| Equity | 10/15 | €266,863 | €317,496 | +€50,633 | +19.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €257,660 | €311,296 | +€53,636 | +20.8% |
| Non-distributable reserves | 130/1 | €171,860 | €221,860 | +€50,000 | +29.1% |
| Reserves not available under the articles | 1311 | €171,860 | €221,860 | +€50,000 | +29.1% |
| Distributable reserves | 133 | €85,800 | €89,436 | +€3,636 | +4.2% |
| Profit (loss) carried forward | 14 | €3,003 | €0 | -€3,003 | -100% |
| Amounts payable | 17/49 | €60,304 | €20,556 | -€39,749 | -65.9% |
| Amounts payable within one year | 42/48 | €60,304 | €20,556 | -€39,749 | -65.9% |
| Trade debts | 44 | €291 | €7,450 | +€7,159 | +2,458% |
| Suppliers | 440/4 | €291 | €7,450 | +€7,159 | +2,458% |
| Taxes, remuneration and social security | 45 | €17,263 | €13,106 | -€4,157 | -24.1% |
| Taxes | 450/3 | €17,263 | €13,106 | -€4,157 | -24.1% |
| Other amounts payable | 47/48 | €42,750 | €0 | -€42,750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €854 | +€276 | +47.7% |
| Other operating charges | 640/8 | €580 | €670 | +€89 | +15.4% |
| Gross operating margin | 9900 | €79,479 | €68,697 | -€10,782 | -13.6% |
| Operating profit (loss) | 9901 | €78,320 | €67,173 | -€11,147 | -14.2% |
| Financial income | 75/76B | €3,364 | €3,884 | +€519 | +15.4% |
| Recurring financial income | 75 | €3,364 | €3,884 | +€519 | +15.4% |
| Financial charges | 65/66B | €281 | €340 | +€59 | +21.0% |
| Recurring financial charges | 65 | €281 | €340 | +€59 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €81,404 | €70,717 | -€10,687 | -13.1% |
| Income taxes | 67/77 | €20,391 | €20,084 | -€307 | -1.5% |
| Profit (loss) for the period | 9904 | €61,013 | €50,633 | -€10,380 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €61,013 | €50,633 | -€10,380 | -17.0% |
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.