W. Timmermans: what changed
What changed
W. Timmermans
NACE 24.530, Manufacture of basic metals
filed annual accounts (NBB)
Net result for the year
€28,721
2024 · €28,230+€491
Equity
€489,104
2024 · €460,384+€28,721
Cash
-
not filed
Balance sheet total
€974,503
2024 · €917,188+€57,315
Largest movements
Assets
- Current investments +€68,504
up €68,504 (+7.8%), from €879,596 to €948,100
- Tangible fixed assets -€14,004
down €14,004 (-48.2%), from €29,077 to €15,073
of which Land and buildings: -€7,365
Equity and liabilities
- Other debts +€34,796
up €34,796 (+8.1%), from €429,762 to €464,557
- Reserves +€28,721
up €28,721 (+9.2%), from €311,648 to €340,368
of which Distributable reserves: +€28,721
Income statement
- Gross operating margin +€1,219
up €1,219 (+2.0%), from €62,084 to €63,303
- Taxes +€706
up €706 (+4.9%), from €14,376 to €15,082
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€28,230
Gross operating margin
+€1,219
Staff costs
+€464
Depreciation
-€308
Other operating charges
+€356
Financial income
-€524
Financial charges
-€9
Taxes
-€706
Result 2025
€28,721
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €917,188 | €974,503 | +€57,315 | +6.2% |
| Fixed assets | 21/28 | €29,077 | €15,073 | -€14,004 | -48.2% |
| Tangible fixed assets | 22/27 | €29,077 | €15,073 | -€14,004 | -48.2% |
| Land and buildings | 22 | €11,595 | €4,230 | -€7,365 | -63.5% |
| Plant, machinery and equipment | 23 | €2,804 | €1,832 | -€973 | -34.7% |
| Furniture and vehicles | 24 | €14,678 | €9,011 | -€5,667 | -38.6% |
| Current assets | 29/58 | €888,111 | €959,430 | +€71,319 | +8.0% |
| Stocks and contracts in progress | 3 | €5,125 | - | -€5,125 | |
| Stocks | 30/36 | €5,125 | - | -€5,125 | |
| Amounts receivable within one year | 40/41 | €3,390 | €11,331 | +€7,940 | +234% |
| Trade receivables | 40 | €3,390 | €11,331 | +€7,940 | +234% |
| Current investments | 50/53 | €879,596 | €948,100 | +€68,504 | +7.8% |
| Total equity and liabilities | 10/49 | €917,188 | €974,503 | +€57,315 | +6.2% |
| Equity | 10/15 | €460,384 | €489,104 | +€28,721 | +6.2% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €311,648 | €340,368 | +€28,721 | +9.2% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €278,024 | €306,745 | +€28,721 | +10.3% |
| Amounts payable | 17/49 | €456,804 | €485,399 | +€28,594 | +6.3% |
| Amounts payable within one year | 42/48 | €456,804 | €485,399 | +€28,594 | +6.3% |
| Trade debts | 44 | €3,682 | €2,865 | -€817 | -22.2% |
| Suppliers | 440/4 | €3,682 | €2,865 | -€817 | -22.2% |
| Taxes, remuneration and social security | 45 | €23,360 | €17,976 | -€5,384 | -23.0% |
| Taxes | 450/3 | €23,360 | €17,976 | -€5,384 | -23.0% |
| Other amounts payable | 47/48 | €429,762 | €464,557 | +€34,796 | +8.1% |
| Non-recurring operating income | 76A | €63,900 | - | -€63,900 | |
| Remuneration, social security and pensions | 62 | €464 | - | -€464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,696 | €14,004 | +€308 | +2.2% |
| Other operating charges | 640/8 | €5,786 | €5,431 | -€356 | -6.1% |
| Gross operating margin | 9900 | €62,084 | €63,303 | +€1,219 | +2.0% |
| Operating profit (loss) | 9901 | €42,138 | €43,868 | +€1,730 | +4.1% |
| Financial income | 75/76B | €551 | €26 | -€524 | -95.2% |
| Recurring financial income | 75 | €1 | €26 | +€26 | +3,782% |
| Non-recurring financial income | 76B | €550 | - | -€550 | |
| Financial charges | 65/66B | €82 | €91 | +€9 | +11.2% |
| Recurring financial charges | 65 | €82 | €91 | +€9 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €42,606 | €43,803 | +€1,197 | +2.8% |
| Income taxes | 67/77 | €14,376 | €15,082 | +€706 | +4.9% |
| Profit (loss) for the period | 9904 | €28,230 | €28,721 | +€491 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,230 | €28,721 | +€491 | +1.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.