TIM DECOCK: what changed
TIM DECOCK
Largest movements
- Cash +€311,089
up €311,089 (+294%), from €105,875 to €416,964
mainly Current investments (+€168,768) and Net result for the year (+€141,649)
- Current investments -€168,768
down €168,768 (-32.2%), from €523,362 to €354,594
- Tangible fixed assets +€20,246
up €20,246 (+81.8%), from €24,741 to €44,987
of which Plant, machinery and equipment: +€16,290
- Deferred charges and accrued income +€11,714
up €11,714 (+49.6%), from €23,616 to €35,330
- Receivables within one year -€9,333
down €9,333 (-13.6%), from €68,689 to €59,356
of which Other amounts receivable: -€8,611
- Reserves +€141,000
up €141,000 (+20.3%), from €693,860 to €834,860
- Tax, wage and social debts +€25,037
up €25,037 (+516%), from €4,849 to €29,886
of which Taxes: +€25,836
- Taxes +€15,186
up €15,186 (+29.8%), from €50,919 to €66,105
- Gross operating margin +€14,132
up €14,132 (+7.7%), from €183,230 to €197,362
- Financial income +€7,315
up €7,315 (+66.6%), from €10,988 to €18,303
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.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €746,283 | €911,231 | +€164,949 | +22.1% |
| Fixed assets | 21/28 | €24,741 | €44,987 | +€20,246 | +81.8% |
| Tangible fixed assets | 22/27 | €24,741 | €44,987 | +€20,246 | +81.8% |
| Plant, machinery and equipment | 23 | €23,045 | €39,335 | +€16,290 | +70.7% |
| Furniture and vehicles | 24 | €1,696 | €5,652 | +€3,956 | +233% |
| Current assets | 29/58 | €721,542 | €866,244 | +€144,703 | +20.1% |
| Amounts receivable within one year | 40/41 | €68,689 | €59,356 | -€9,333 | -13.6% |
| Trade receivables | 40 | €1,269 | €547 | -€722 | -56.9% |
| Other amounts receivable | 41 | €67,420 | €58,809 | -€8,611 | -12.8% |
| Current investments | 50/53 | €523,362 | €354,594 | -€168,768 | -32.2% |
| Cash at bank and in hand | 54/58 | €105,875 | €416,964 | +€311,089 | +294% |
| Deferred charges and accrued income | 490/1 | €23,616 | €35,330 | +€11,714 | +49.6% |
| Total equity and liabilities | 10/49 | €746,283 | €911,231 | +€164,949 | +22.1% |
| Equity | 10/15 | €714,605 | €856,254 | +€141,649 | +19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €693,860 | €834,860 | +€141,000 | +20.3% |
| Distributable reserves | 133 | €693,860 | €834,860 | +€141,000 | +20.3% |
| Profit (loss) carried forward | 14 | €2,145 | €2,794 | +€649 | +30.3% |
| Amounts payable | 17/49 | €31,678 | €54,977 | +€23,299 | +73.6% |
| Amounts payable within one year | 42/48 | €12,139 | €34,493 | +€22,354 | +184% |
| Trade debts | 44 | €2,050 | €2,657 | +€606 | +29.6% |
| Suppliers | 440/4 | €2,050 | €2,657 | +€606 | +29.6% |
| Taxes, remuneration and social security | 45 | €4,849 | €29,886 | +€25,037 | +516% |
| Taxes | 450/3 | - | €25,836 | +€25,836 | |
| Remuneration and social security | 454/9 | €4,849 | €4,050 | -€799 | -16.5% |
| Other amounts payable | 47/48 | €5,240 | €1,951 | -€3,289 | -62.8% |
| Accrued charges and deferred income | 492/3 | €19,539 | €20,484 | +€945 | +4.8% |
| Non-recurring operating income | 76A | €42,000 | - | -€42,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,098 | €7,022 | +€924 | +15.1% |
| Other operating charges | 640/8 | €518 | €525 | +€7 | +1.3% |
| Non-recurring operating charges | 66A | €4,335 | - | -€4,335 | |
| Gross operating margin | 9900 | €183,230 | €197,362 | +€14,132 | +7.7% |
| Operating profit (loss) | 9901 | €172,279 | €189,815 | +€17,536 | +10.2% |
| Financial income | 75/76B | €10,988 | €18,303 | +€7,315 | +66.6% |
| Recurring financial income | 75 | €10,988 | €18,303 | +€7,315 | +66.6% |
| Financial charges | 65/66B | €194 | €364 | +€171 | +88.1% |
| Recurring financial charges | 65 | €194 | €364 | +€171 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | €183,073 | €207,754 | +€24,680 | +13.5% |
| Income taxes | 67/77 | €50,919 | €66,105 | +€15,186 | +29.8% |
| Profit (loss) for the period | 9904 | €132,155 | €141,649 | +€9,494 | +7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,155 | €141,649 | +€9,494 | +7.2% |
Next steps
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 5 November 2026 via checked.be.