10Thought BV: 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.
10Thought BV
Largest movements
- Cash -€17,031
down €17,031 (-56.5%), from €30,138 to €13,106
mainly Net result for the year (-€10,832) and Debts after one year (-€9,600)
- Receivables within one year -€8,357
down €8,357 (-99.8%), from €8,372 to €15
of which Trade receivables: -€8,372
- Tangible fixed assets -€7,075
down €7,075 (-19.3%), from €36,600 to €29,526
of which Furniture and vehicles: -€6,149
- Reserves -€11,632
down €11,632 (-57.5%), from €20,233 to €8,601
- Debts after one year -€9,600
down €9,600 (-45.1%), from €21,294 to €11,694
- Other debts -€8,984
down €8,984 (-88.2%), from €10,186 to €1,203
- Trade debts -€1,790
down €1,790 (-91.0%), from €1,967 to €177
- Gross operating margin -€36,428
down €36,428 (-97.8%), from €37,236 to €808
- Taxes -€6,934
down €6,934 (-98.1%), from €7,066 to €132
- Depreciation +€1,630
up €1,630 (+20.1%), from €8,094 to €9,724
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.
Derived cash bridge
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 | €75,110 | €43,172 | -€31,938 | -42.5% |
| Fixed assets | 21/28 | €36,600 | €29,526 | -€7,075 | -19.3% |
| Tangible fixed assets | 22/27 | €36,600 | €29,526 | -€7,075 | -19.3% |
| Plant, machinery and equipment | 23 | €2,400 | €1,474 | -€926 | -38.6% |
| Furniture and vehicles | 24 | €34,200 | €28,051 | -€6,149 | -18.0% |
| Current assets | 29/58 | €38,510 | €13,647 | -€24,863 | -64.6% |
| Amounts receivable within one year | 40/41 | €8,372 | €15 | -€8,357 | -99.8% |
| Trade receivables | 40 | €8,372 | €0 | -€8,372 | -100% |
| Other amounts receivable | 41 | - | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €30,138 | €13,106 | -€17,031 | -56.5% |
| Deferred charges and accrued income | 490/1 | - | €525 | +€525 | |
| Total equity and liabilities | 10/49 | €75,110 | €43,172 | -€31,938 | -42.5% |
| Equity | 10/15 | €20,733 | €9,101 | -€11,632 | -56.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €20,233 | €8,601 | -€11,632 | -57.5% |
| Distributable reserves | 133 | €20,233 | €8,601 | -€11,632 | -57.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €54,377 | €34,071 | -€20,306 | -37.3% |
| Amounts payable after more than one year | 17 | €21,294 | €11,694 | -€9,600 | -45.1% |
| Financial debts | 170/4 | €21,294 | €11,694 | -€9,600 | -45.1% |
| Amounts payable within one year | 42/48 | €33,083 | €22,237 | -€10,847 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €9,226 | €9,600 | +€374 | +4.1% |
| Trade debts | 44 | €1,967 | €177 | -€1,790 | -91.0% |
| Suppliers | 440/4 | €1,967 | €177 | -€1,790 | -91.0% |
| Taxes, remuneration and social security | 45 | €11,704 | €11,257 | -€447 | -3.8% |
| Taxes | 450/3 | €11,704 | €11,257 | -€447 | -3.8% |
| Other amounts payable | 47/48 | €10,186 | €1,203 | -€8,984 | -88.2% |
| Accrued charges and deferred income | 492/3 | - | €141 | +€141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,094 | €9,724 | +€1,630 | +20.1% |
| Other operating charges | 640/8 | €308 | €338 | +€30 | +9.6% |
| Gross operating margin | 9900 | €37,236 | €808 | -€36,428 | -97.8% |
| Operating profit (loss) | 9901 | €28,834 | -€9,255 | -€38,088 | |
| Financial income | 75/76B | €6 | €2 | -€4 | -66.3% |
| Recurring financial income | 75 | €6 | €2 | -€4 | -66.3% |
| Financial charges | 65/66B | €1,541 | €1,447 | -€93 | -6.1% |
| Recurring financial charges | 65 | €1,541 | €1,447 | -€93 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €27,299 | -€10,700 | -€37,999 | |
| Income taxes | 67/77 | €7,066 | €132 | -€6,934 | -98.1% |
| Profit (loss) for the period | 9904 | €20,233 | -€10,832 | -€31,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,233 | -€10,832 | -€31,065 |
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.