TIMSHEL.BE: 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.
TIMSHEL.BE
Largest movements
- Receivables within one year +€725,812
up €725,812 (+3155.7%), from €23,000 to €748,812
- Financial fixed assets -€268,899
no longer reported in 2025 (was €268,899)
- Reserves +€651,390
up €651,390 (+4688.4%), from €13,894 to €665,283
- Revaluation surpluses -€268,898
no longer reported in 2025 (was €268,898)
- Tax, wage and social debts +€65,839
new in 2025: €65,839
- Other debts +€8,594
up €8,594 (+157.1%), from €5,469 to €14,063
- Financial income +€725,811
new in 2025: €725,811
of which Financial income: +€725,811
- Taxes +€65,839
new in 2025: €65,839
- Gross operating margin +€401
up €401 (+26.8%), from -€1,495 to -€1,094
- Financial charges +€89
new in 2025: €89
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 | €291,933 | €748,858 | +€456,925 | +156.5% |
| Fixed assets | 21/28 | €268,899 | - | -€268,899 | |
| Financial fixed assets | 28 | €268,899 | - | -€268,899 | |
| Current assets | 29/58 | €23,034 | €748,858 | +€725,824 | +3151.0% |
| Amounts receivable within one year | 40/41 | €23,000 | €748,812 | +€725,812 | +3155.7% |
| Other amounts receivable | 41 | €23,000 | €748,812 | +€725,812 | +3155.7% |
| Cash at bank and in hand | 54/58 | €34 | €46 | +€12 | +33.4% |
| Total equity and liabilities | 10/49 | €291,933 | €748,858 | +€456,925 | +156.5% |
| Equity | 10/15 | €285,715 | €668,206 | +€382,492 | +133.9% |
| Contributions | 10/11 | €2,923 | €2,923 | = | 0.0% |
| Revaluation surpluses | 12 | €268,898 | - | -€268,898 | |
| Reserves | 13 | €13,894 | €665,283 | +€651,390 | +4688.4% |
| Distributable reserves | 133 | €13,894 | €665,283 | +€651,390 | +4688.4% |
| Amounts payable | 17/49 | €6,219 | €80,652 | +€74,433 | +1196.9% |
| Amounts payable within one year | 42/48 | €5,469 | €79,902 | +€74,433 | +1361.0% |
| Taxes, remuneration and social security | 45 | - | €65,839 | +€65,839 | |
| Taxes | 450/3 | - | €65,839 | +€65,839 | |
| Other amounts payable | 47/48 | €5,469 | €14,063 | +€8,594 | +157.1% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,495 | -€1,094 | +€401 | +26.8% |
| Operating profit (loss) | 9901 | -€1,882 | -€1,494 | +€388 | +20.6% |
| Financial income | 75/76B | - | €725,811 | +€725,811 | |
| Recurring financial income | 75 | - | €725,811 | +€725,811 | |
| Non-recurring financial income | 76B | - | €725,811 | +€725,811 | |
| Financial charges | 65/66B | - | €89 | +€89 | |
| Recurring financial charges | 65 | - | €89 | +€89 | |
| Profit (loss) for the period before taxes | 9903 | -€1,882 | €724,229 | +€726,111 | |
| Income taxes | 67/77 | - | €65,839 | +€65,839 | |
| Profit (loss) for the period | 9904 | -€1,882 | €658,390 | +€660,272 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,882 | €658,390 | +€660,272 |
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 11 October 2026 via checked.be.