TIMUR HOLDING: 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.
What changed
TIMUR HOLDING
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€4,067
2024 · -€5,807+€1,740
Equity
-€137,582
2024 · -€133,515-€4,067
Cash
-
not filed
Balance sheet total
€4.2m
2024 · €4.5m-€221,067
Largest movements
Assets
- Receivables within one year -€221,067
down €221,067 (-20.6%), from €1.1m to €852,209
Equity and liabilities
- Other debts -€217,000
down €217,000 (-4.7%), from €4.6m to €4.4m
Income statement
- Gross operating margin +€1,771
up €1,771 (+36.6%), from -€4,839 to -€3,068
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.
Result 2024
-€5,807
Gross operating margin
+€1,771
Other operating charges
-€31
Result 2025
-€4,067
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,458,459 | €4,237,392 | -€221,067 | -5.0% |
| Fixed assets | 21/28 | €3,385,184 | €3,385,184 | = | 0.0% |
| Financial fixed assets | 28 | €3,385,184 | €3,385,184 | = | 0.0% |
| Current assets | 29/58 | €1,073,275 | €852,209 | -€221,067 | -20.6% |
| Amounts receivable within one year | 40/41 | €1,073,275 | €852,209 | -€221,067 | -20.6% |
| Other amounts receivable | 41 | €1,073,275 | €852,209 | -€221,067 | -20.6% |
| Total equity and liabilities | 10/49 | €4,458,459 | €4,237,392 | -€221,067 | -5.0% |
| Equity | 10/15 | -€133,515 | -€137,582 | -€4,067 | -3.0% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,515 | -€299,582 | -€4,067 | -1.4% |
| Amounts payable | 17/49 | €4,591,974 | €4,374,974 | -€217,000 | -4.7% |
| Amounts payable within one year | 42/48 | €4,591,974 | €4,374,974 | -€217,000 | -4.7% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,591,974 | €4,374,974 | -€217,000 | -4.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€4,839 | -€3,068 | +€1,771 | +36.6% |
| Operating profit (loss) | 9901 | -€5,807 | -€4,067 | +€1,740 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,807 | -€4,067 | +€1,740 | +30.0% |
| Profit (loss) for the period | 9904 | -€5,807 | -€4,067 | +€1,740 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,807 | -€4,067 | +€1,740 | +30.0% |
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 15 October 2026 via checked.be.