TIMPRO: 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.
TIMPRO
Largest movements
- Tangible fixed assets +€374,584
up €374,584 (+26.2%), from €1.4m to €1.8m
of which Land and buildings: +€367,630
- Receivables within one year +€23,184
new in 2025: €23,184
of which Trade receivables: +€18,184
- Debts after one year +€351,164
up €351,164 (+27.7%), from €1.3m to €1.6m
- Other debts +€47,500
up €47,500 (+107.0%), from €44,375 to €91,875
- Profit (loss) carried forward -€36,781
down €36,781 (-95.4%), from -€38,545 to -€75,327
- Current portion of long-term debt +€27,214
up €27,214 (+34.2%), from €79,598 to €106,812
- Gross operating margin +€21,602
up €21,602 (+13.2%), from €164,258 to €185,860
- Financial charges +€15,459
up €15,459 (+46.4%), from €33,307 to €48,766
- Other operating charges +€5,359
up €5,359 (+64.0%), from €8,373 to €13,732
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 | €1,465,786 | €1,861,147 | +€395,361 | +27.0% |
| Fixed assets | 21/28 | €1,431,138 | €1,805,722 | +€374,584 | +26.2% |
| Tangible fixed assets | 22/27 | €1,431,138 | €1,805,722 | +€374,584 | +26.2% |
| Land and buildings | 22 | €1,406,632 | €1,774,263 | +€367,630 | +26.1% |
| Plant, machinery and equipment | 23 | €15,805 | €11,820 | -€3,984 | -25.2% |
| Other tangible fixed assets | 26 | €8,701 | €19,639 | +€10,939 | +125.7% |
| Current assets | 29/58 | €34,648 | €55,425 | +€20,776 | +60.0% |
| Amounts receivable within one year | 40/41 | - | €23,184 | +€23,184 | |
| Trade receivables | 40 | - | €18,184 | +€18,184 | |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €32,685 | €29,610 | -€3,075 | -9.4% |
| Deferred charges and accrued income | 490/1 | €1,963 | €2,631 | +€668 | +34.0% |
| Total equity and liabilities | 10/49 | €1,465,786 | €1,861,147 | +€395,361 | +27.0% |
| Equity | 10/15 | €70,801 | €34,020 | -€36,781 | -51.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €47,373 | €47,373 | = | 0.0% |
| Distributable reserves | 133 | €47,373 | €47,373 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,545 | -€75,327 | -€36,781 | -95.4% |
| Amounts payable | 17/49 | €1,394,985 | €1,827,127 | +€432,142 | +31.0% |
| Amounts payable after more than one year | 17 | €1,266,632 | €1,617,796 | +€351,164 | +27.7% |
| Financial debts | 170/4 | €1,266,632 | €1,617,796 | +€351,164 | +27.7% |
| Amounts payable within one year | 42/48 | €124,281 | €202,672 | +€78,391 | +63.1% |
| Current portion of amounts payable after more than one year | 42 | €79,598 | €106,812 | +€27,214 | +34.2% |
| Trade debts | 44 | €308 | €1,534 | +€1,226 | +398.2% |
| Suppliers | 440/4 | €308 | €1,534 | +€1,226 | +398.2% |
| Taxes, remuneration and social security | 45 | - | €2,451 | +€2,451 | |
| Taxes | 450/3 | - | €2,451 | +€2,451 | |
| Other amounts payable | 47/48 | €44,375 | €91,875 | +€47,500 | +107.0% |
| Accrued charges and deferred income | 492/3 | €4,072 | €6,658 | +€2,586 | +63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,123 | €160,144 | -€979 | -0.6% |
| Other operating charges | 640/8 | €8,373 | €13,732 | +€5,359 | +64.0% |
| Gross operating margin | 9900 | €164,258 | €185,860 | +€21,602 | +13.2% |
| Operating profit (loss) | 9901 | -€5,239 | €11,984 | +€17,223 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €33,307 | €48,766 | +€15,459 | +46.4% |
| Recurring financial charges | 65 | €33,307 | €48,766 | +€15,459 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | -€38,545 | -€36,781 | +€1,764 | +4.6% |
| Profit (loss) for the period | 9904 | -€38,545 | -€36,781 | +€1,764 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,545 | -€36,781 | +€1,764 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.