TIMSLEY: 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.
TIMSLEY
Largest movements
- Receivables within one year +€31,360
up €31,360 (+14.8%), from €211,648 to €243,008
of which Trade receivables: +€35,296
- Profit (loss) carried forward +€58,923
up €58,923 (+38.9%), from €151,495 to €210,418
- Tax, wage and social debts -€24,608
down €24,608 (-43.8%), from €56,200 to €31,592
of which Taxes: -€25,626
- Trade debts -€3,139
down €3,139 (-56.3%), from €5,579 to €2,440
- Gross operating margin -€9,556
down €9,556 (-11.0%), from €87,102 to €77,546
- Taxes -€2,901
down €2,901 (-16.5%), from €17,632 to €14,731
- Staff costs +€2,888
new in 2024: €2,888
- Financial income -€1,433
no longer reported in 2024 (was €1,433)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,275 | €244,451 | +€31,176 | +14.6% |
| Current assets | 29/58 | €213,275 | €244,451 | +€31,176 | +14.6% |
| Amounts receivable within one year | 40/41 | €211,648 | €243,008 | +€31,360 | +14.8% |
| Trade receivables | 40 | €174,804 | €210,100 | +€35,296 | +20.2% |
| Other amounts receivable | 41 | €36,845 | €32,908 | -€3,937 | -10.7% |
| Cash at bank and in hand | 54/58 | €1,626 | €1,443 | -€184 | -11.3% |
| Total equity and liabilities | 10/49 | €213,275 | €244,451 | +€31,176 | +14.6% |
| Equity | 10/15 | €151,496 | €210,419 | +€58,923 | +38.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,495 | €210,418 | +€58,923 | +38.9% |
| Amounts payable | 17/49 | €61,779 | €34,032 | -€27,747 | -44.9% |
| Amounts payable within one year | 42/48 | €61,779 | €34,032 | -€27,747 | -44.9% |
| Trade debts | 44 | €5,579 | €2,440 | -€3,139 | -56.3% |
| Suppliers | 440/4 | €5,579 | €2,440 | -€3,139 | -56.3% |
| Taxes, remuneration and social security | 45 | €56,200 | €31,592 | -€24,608 | -43.8% |
| Taxes | 450/3 | €56,200 | €30,574 | -€25,626 | -45.6% |
| Remuneration and social security | 454/9 | - | €1,018 | +€1,018 | |
| Remuneration, social security and pensions | 62 | - | €2,888 | +€2,888 | |
| Other operating charges | 640/8 | €374 | €484 | +€110 | +29.3% |
| Gross operating margin | 9900 | €87,102 | €77,546 | -€9,556 | -11.0% |
| Operating profit (loss) | 9901 | €86,728 | €74,174 | -€12,554 | -14.5% |
| Financial income | 75/76B | €1,433 | - | -€1,433 | |
| Recurring financial income | 75 | €1,433 | - | -€1,433 | |
| Financial charges | 65/66B | €69 | €520 | +€451 | +652.5% |
| Recurring financial charges | 65 | €69 | €520 | +€451 | +652.5% |
| Profit (loss) for the period before taxes | 9903 | €88,091 | €73,654 | -€14,438 | -16.4% |
| Income taxes | 67/77 | €17,632 | €14,731 | -€2,901 | -16.5% |
| Profit (loss) for the period | 9904 | €70,460 | €58,923 | -€11,537 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,460 | €58,923 | -€11,537 | -16.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.