TTIMMEN: 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.
TTIMMEN
Largest movements
- Receivables within one year +€16,507
up €16,507 (+116.0%), from €14,233 to €30,740
of which Trade receivables: +€11,918
- Cash -€7,238
down €7,238 (-16.4%), from €44,116 to €36,878
mainly Receivables within one year (-€16,507) and Current investments (-€3,698)
- Tangible fixed assets -€3,808
down €3,808 (-45.8%), from €8,313 to €4,505
of which Furniture and vehicles: -€3,349
- Current investments +€3,698
up €3,698 (+15.7%), from €23,584 to €27,282
- Profit (loss) carried forward +€5,450
up €5,450 (+7.6%), from €71,458 to €76,908
- Tax, wage and social debts +€1,966
up €1,966 (+53.1%), from €3,704 to €5,670
- Other debts +€1,777
up €1,777 (+34.0%), from €5,222 to €6,998
- Gross operating margin +€4,998
up €4,998 (+64.1%), from €7,804 to €12,802
- Depreciation +€1,507
up €1,507 (+65.5%), from €2,301 to €3,808
- Taxes +€545
up €545 (+23.0%), from €2,367 to €2,912
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 | €91,195 | €100,888 | +€9,693 | +10.6% |
| Fixed assets | 21/28 | €8,313 | €4,505 | -€3,808 | -45.8% |
| Tangible fixed assets | 22/27 | €8,313 | €4,505 | -€3,808 | -45.8% |
| Plant, machinery and equipment | 23 | €1,156 | €697 | -€459 | -39.7% |
| Furniture and vehicles | 24 | €7,157 | €3,808 | -€3,349 | -46.8% |
| Current assets | 29/58 | €82,882 | €96,383 | +€13,501 | +16.3% |
| Amounts receivable within one year | 40/41 | €14,233 | €30,740 | +€16,507 | +116.0% |
| Trade receivables | 40 | €9,033 | €20,952 | +€11,918 | +131.9% |
| Other amounts receivable | 41 | €5,200 | €9,788 | +€4,588 | +88.2% |
| Current investments | 50/53 | €23,584 | €27,282 | +€3,698 | +15.7% |
| Cash at bank and in hand | 54/58 | €44,116 | €36,878 | -€7,238 | -16.4% |
| Deferred charges and accrued income | 490/1 | €948 | €1,483 | +€535 | +56.4% |
| Total equity and liabilities | 10/49 | €91,195 | €100,888 | +€9,693 | +10.6% |
| Equity | 10/15 | €77,720 | €83,170 | +€5,450 | +7.0% |
| Contributions | 10/11 | €6,262 | €6,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,458 | €76,908 | +€5,450 | +7.6% |
| Amounts payable | 17/49 | €13,475 | €17,718 | +€4,243 | +31.5% |
| Amounts payable within one year | 42/48 | €13,475 | €17,718 | +€4,243 | +31.5% |
| Financial debts | 43 | €3,779 | €3,770 | -€9 | -0.2% |
| Credit institutions | 430/8 | €3,779 | €3,770 | -€9 | -0.2% |
| Trade debts | 44 | €770 | €1,280 | +€509 | +66.1% |
| Suppliers | 440/4 | €770 | €1,280 | +€509 | +66.1% |
| Taxes, remuneration and social security | 45 | €3,704 | €5,670 | +€1,966 | +53.1% |
| Taxes | 450/3 | €3,704 | €5,670 | +€1,966 | +53.1% |
| Other amounts payable | 47/48 | €5,222 | €6,998 | +€1,777 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,301 | €3,808 | +€1,507 | +65.5% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €7,804 | €12,802 | +€4,998 | +64.1% |
| Operating profit (loss) | 9901 | €4,975 | €8,450 | +€3,475 | +69.8% |
| Financial income | 75/76B | €86 | €100 | +€14 | +15.8% |
| Recurring financial income | 75 | €86 | €100 | +€14 | +15.8% |
| Financial charges | 65/66B | €240 | €188 | -€51 | -21.4% |
| Recurring financial charges | 65 | €240 | €188 | -€51 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €4,822 | €8,361 | +€3,540 | +73.4% |
| Income taxes | 67/77 | €2,367 | €2,912 | +€545 | +23.0% |
| Profit (loss) for the period | 9904 | €2,455 | €5,450 | +€2,995 | +122.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,455 | €5,450 | +€2,995 | +122.0% |
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 10 October 2026 via checked.be.