TIMPESSE: what changed
Two fiscal 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.
TIMPESSE
Largest movements
- Cash +€65,921
up €65,921 (+92.0%), from €71,633 to €137,554
mainly Net result for the year (+€64,766) and Tax, wage and social debts (+€16,586)
- Receivables within one year +€10,384
up €10,384 (+121.0%), from €8,580 to €18,964
of which Trade receivables: +€10,484
- Profit (loss) carried forward +€64,766
up €64,766 (+152.0%), from €42,608 to €107,374
- Tax, wage and social debts +€16,586
up €16,586 (+138.5%), from €11,976 to €28,562
- Trade debts -€5,723
down €5,723 (-98.8%), from €5,790 to €67
- Gross operating margin +€27,271
up €27,271 (+49.5%), from €55,040 to €82,311
- Taxes +€4,610
up €4,610 (+38.5%), from €11,976 to €16,586
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 | €82,138 | €157,773 | +€75,635 | +92.1% |
| Fixed assets | 21/28 | €1,806 | €1,125 | -€681 | -37.7% |
| Tangible fixed assets | 22/27 | €1,806 | €1,125 | -€681 | -37.7% |
| Furniture and vehicles | 24 | €1,806 | €1,125 | -€681 | -37.7% |
| Current assets | 29/58 | €80,332 | €156,648 | +€76,316 | +95.0% |
| Amounts receivable within one year | 40/41 | €8,580 | €18,964 | +€10,384 | +121.0% |
| Trade receivables | 40 | €8,250 | €18,734 | +€10,484 | +127.1% |
| Other amounts receivable | 41 | €330 | €231 | -€99 | -30.1% |
| Cash at bank and in hand | 54/58 | €71,633 | €137,554 | +€65,921 | +92.0% |
| Deferred charges and accrued income | 490/1 | €119 | €129 | +€10 | +8.6% |
| Total equity and liabilities | 10/49 | €82,138 | €157,773 | +€75,635 | +92.1% |
| Equity | 10/15 | €63,108 | €127,874 | +€64,766 | +102.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,608 | €107,374 | +€64,766 | +152.0% |
| Amounts payable | 17/49 | €19,031 | €29,900 | +€10,869 | +57.1% |
| Amounts payable within one year | 42/48 | €19,031 | €29,900 | +€10,869 | +57.1% |
| Trade debts | 44 | €5,790 | €67 | -€5,723 | -98.8% |
| Suppliers | 440/4 | €5,790 | €67 | -€5,723 | -98.8% |
| Taxes, remuneration and social security | 45 | €11,976 | €28,562 | +€16,586 | +138.5% |
| Taxes | 450/3 | €11,976 | €28,562 | +€16,586 | +138.5% |
| Other amounts payable | 47/48 | €1,265 | €1,270 | +€6 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €516 | €681 | +€165 | +32.0% |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Gross operating margin | 9900 | €55,040 | €82,311 | +€27,271 | +49.5% |
| Operating profit (loss) | 9901 | €54,304 | €81,410 | +€27,106 | +49.9% |
| Financial income | 75/76B | €40 | €0 | -€40 | -99.8% |
| Recurring financial income | 75 | €40 | €0 | -€40 | -99.8% |
| Financial charges | 65/66B | €66 | €58 | -€8 | -12.6% |
| Recurring financial charges | 65 | €66 | €58 | -€8 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €54,278 | €81,352 | +€27,075 | +49.9% |
| Income taxes | 67/77 | €11,976 | €16,586 | +€4,610 | +38.5% |
| Profit (loss) for the period | 9904 | €42,302 | €64,766 | +€22,464 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,302 | €64,766 | +€22,464 | +53.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.