TIMSON: 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.
TIMSON
Largest movements
- Cash +€43,257
up €43,257 (+1,402%), from €3,086 to €46,344
mainly Stocks and contracts (+€25,285) and Net result for the year (+€20,782)
- Stocks and contracts -€25,285
no longer reported in 2025 (was €25,285)
- Receivables within one year +€6,027
up €6,027 (+19.1%), from €31,584 to €37,611
of which Other amounts receivable: +€10,502
- Tangible fixed assets -€1,346
down €1,346 (-84.5%), from €1,593 to €247
- Reserves +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€2,560
up €2,560 (+157%), from €1,635 to €4,196
- Trade debts -€998
down €998 (-18.6%), from €5,369 to €4,372
- Taxes +€10,074
up €10,074 (+521,993%), from €2 to €10,076
- Gross operating margin -€4,876
down €4,876 (-13.1%), from €37,182 to €32,306
- Financial income +€831
up €831 (+179%), from €464 to €1,295
of which Financial income: +€831
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 | €61,858 | €84,202 | +€22,344 | +36.1% |
| Fixed assets | 21/28 | €1,593 | €247 | -€1,346 | -84.5% |
| Tangible fixed assets | 22/27 | €1,593 | €247 | -€1,346 | -84.5% |
| Furniture and vehicles | 24 | €1,593 | €247 | -€1,346 | -84.5% |
| Current assets | 29/58 | €60,265 | €83,955 | +€23,690 | +39.3% |
| Stocks and contracts in progress | 3 | €25,285 | - | -€25,285 | |
| Stocks | 30/36 | €25,285 | - | -€25,285 | |
| Amounts receivable within one year | 40/41 | €31,584 | €37,611 | +€6,027 | +19.1% |
| Trade receivables | 40 | €12,014 | €7,539 | -€4,475 | -37.3% |
| Other amounts receivable | 41 | €19,570 | €30,073 | +€10,502 | +53.7% |
| Cash at bank and in hand | 54/58 | €3,086 | €46,344 | +€43,257 | +1,402% |
| Deferred charges and accrued income | 490/1 | €309 | - | -€309 | |
| Total equity and liabilities | 10/49 | €61,858 | €84,202 | +€22,344 | +36.1% |
| Equity | 10/15 | €54,853 | €75,635 | +€20,782 | +37.9% |
| Contributions | 10/11 | €41,168 | €41,168 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €13,685 | €14,467 | +€782 | +5.7% |
| Amounts payable | 17/49 | €7,005 | €8,567 | +€1,562 | +22.3% |
| Amounts payable within one year | 42/48 | €7,005 | €8,567 | +€1,562 | +22.3% |
| Trade debts | 44 | €5,369 | €4,372 | -€998 | -18.6% |
| Suppliers | 440/4 | €5,369 | €4,372 | -€998 | -18.6% |
| Taxes, remuneration and social security | 45 | €1,635 | €4,196 | +€2,560 | +157% |
| Taxes | 450/3 | €1,635 | €4,196 | +€2,560 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,346 | €1,346 | = | 0.0% |
| Other operating charges | 640/8 | €1,118 | €1,098 | -€20 | -1.7% |
| Gross operating margin | 9900 | €37,182 | €32,306 | -€4,876 | -13.1% |
| Operating profit (loss) | 9901 | €34,719 | €29,862 | -€4,856 | -14.0% |
| Financial income | 75/76B | €464 | €1,295 | +€831 | +179% |
| Recurring financial income | 75 | €457 | €1,288 | +€831 | +182% |
| Non-recurring financial income | 76B | €6 | €7 | +€0 | +3.8% |
| Financial charges | 65/66B | €281 | €299 | +€18 | +6.3% |
| Recurring financial charges | 65 | €281 | €299 | +€18 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €34,901 | €30,858 | -€4,043 | -11.6% |
| Income taxes | 67/77 | €2 | €10,076 | +€10,074 | +521,993% |
| Profit (loss) for the period | 9904 | €34,899 | €20,782 | -€14,118 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,899 | €20,782 | -€14,118 | -40.5% |
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 16 October 2026 via checked.be.