TIMSON HOME: 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 HOME
Largest movements
- Receivables within one year +€33,787
up €33,787 (+140.1%), from €24,112 to €57,899
of which Trade receivables: +€29,633
- Stocks and contracts -€10,000
down €10,000 (-43.4%), from €23,058 to €13,058
- Intangible fixed assets -€6,250
down €6,250 (-25.3%), from €24,658 to €18,408
- Cash -€4,803
down €4,803 (-11.9%), from €40,468 to €35,665
mainly Receivables within one year (-€33,787) and Contributions, distributions and other (-€25,000)
- Tangible fixed assets +€3,948
up €3,948 (+1517.0%), from €260 to €4,208
of which Furniture and vehicles: +€4,196
- Other debts +€20,446
up €20,446 (+2542.0%), from €804 to €21,250
- Debts after one year -€7,403
down €7,403 (-53.4%), from €13,861 to €6,458
- Tax, wage and social debts +€4,835
up €4,835 (+31.9%), from €15,174 to €20,009
of which Taxes: +€11,283
- Profit (loss) carried forward -€3,915
down €3,915 (-75.4%), from €5,194 to €1,278
- Trade debts +€2,610
up €2,610 (+4.7%), from €55,823 to €58,433
- Gross operating margin +€24,340
up €24,340 (+42.5%), from €57,293 to €81,633
- Taxes +€6,791
up €6,791 (+424.3%), from €1,601 to €8,391
- Staff costs -€2,792
down €2,792 (-5.0%), from €55,448 to €52,655
- Financial income -€2,299
down €2,299 (-17.2%), from €13,402 to €11,103
- Other operating charges -€1,202
down €1,202 (-37.5%), from €3,201 to €1,999
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 | €112,898 | €129,831 | +€16,933 | +15.0% |
| Fixed assets | 21/28 | €24,918 | €22,615 | -€2,302 | -9.2% |
| Intangible fixed assets | 21 | €24,658 | €18,408 | -€6,250 | -25.3% |
| Tangible fixed assets | 22/27 | €260 | €4,208 | +€3,948 | +1517.0% |
| Plant, machinery and equipment | 23 | €260 | €12 | -€248 | -95.3% |
| Furniture and vehicles | 24 | - | €4,196 | +€4,196 | |
| Current assets | 29/58 | €87,980 | €107,216 | +€19,236 | +21.9% |
| Stocks and contracts in progress | 3 | €23,058 | €13,058 | -€10,000 | -43.4% |
| Stocks | 30/36 | €23,058 | €13,058 | -€10,000 | -43.4% |
| Amounts receivable within one year | 40/41 | €24,112 | €57,899 | +€33,787 | +140.1% |
| Trade receivables | 40 | €18,623 | €48,256 | +€29,633 | +159.1% |
| Other amounts receivable | 41 | €5,489 | €9,643 | +€4,154 | +75.7% |
| Cash at bank and in hand | 54/58 | €40,468 | €35,665 | -€4,803 | -11.9% |
| Deferred charges and accrued income | 490/1 | €343 | €595 | +€252 | +73.5% |
| Total equity and liabilities | 10/49 | €112,898 | €129,831 | +€16,933 | +15.0% |
| Equity | 10/15 | €20,194 | €16,278 | -€3,915 | -19.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,194 | €1,278 | -€3,915 | -75.4% |
| Amounts payable | 17/49 | €92,704 | €113,553 | +€20,849 | +22.5% |
| Amounts payable after more than one year | 17 | €13,861 | €6,458 | -€7,403 | -53.4% |
| Financial debts | 170/4 | €13,861 | €6,458 | -€7,403 | -53.4% |
| Amounts payable within one year | 42/48 | €78,844 | €107,095 | +€28,251 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €7,042 | €7,403 | +€361 | +5.1% |
| Trade debts | 44 | €55,823 | €58,433 | +€2,610 | +4.7% |
| Suppliers | 440/4 | €55,823 | €58,433 | +€2,610 | +4.7% |
| Taxes, remuneration and social security | 45 | €15,174 | €20,009 | +€4,835 | +31.9% |
| Taxes | 450/3 | €2,603 | €13,886 | +€11,283 | +433.5% |
| Remuneration and social security | 454/9 | €12,571 | €6,123 | -€6,448 | -51.3% |
| Other amounts payable | 47/48 | €804 | €21,250 | +€20,446 | +2542.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €55,448 | €52,655 | -€2,792 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,498 | €6,609 | +€111 | +1.7% |
| Other operating charges | 640/8 | €3,201 | €1,999 | -€1,202 | -37.5% |
| Gross operating margin | 9900 | €57,293 | €81,633 | +€24,340 | +42.5% |
| Operating profit (loss) | 9901 | -€7,853 | €20,370 | +€28,223 | |
| Financial income | 75/76B | €13,402 | €11,103 | -€2,299 | -17.2% |
| Recurring financial income | 75 | €13,402 | €11,103 | -€2,299 | -17.2% |
| Financial charges | 65/66B | €1,941 | €1,996 | +€56 | +2.9% |
| Recurring financial charges | 65 | €1,941 | €1,996 | +€56 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €3,608 | €29,476 | +€25,868 | +716.9% |
| Income taxes | 67/77 | €1,601 | €8,391 | +€6,791 | +424.3% |
| Profit (loss) for the period | 9904 | €2,008 | €21,085 | +€19,077 | +950.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,008 | €21,085 | +€19,077 | +950.2% |
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 12 October 2026 via checked.be.