A. B. THAKUR: 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.
A. B. THAKUR
Largest movements
- Cash +€8,112
up €8,112 (+253%), from €3,202 to €11,314
mainly Net result for the year (+€10,925) and Trade debts (+€3,162)
- Stocks and contracts +€3,796
up €3,796 (+10.7%), from €35,558 to €39,354
- Receivables within one year -€2,659
no longer reported in 2025 (was €2,659)
- Profit (loss) carried forward +€10,925
up €10,925 (+242%), from €4,507 to €15,432
- Other debts -€8,525
down €8,525 (-23.3%), from €36,621 to €28,096
- Trade debts +€3,162
new in 2025: €3,162
- Tax, wage and social debts +€3,126
up €3,126 (+456%), from €686 to €3,812
of which Taxes: +€2,126
- Gross operating margin +€9,347
up €9,347 (+76.1%), from €12,289 to €21,637
- Other operating charges +€3,621
up €3,621 (+256%), from €1,413 to €5,034
- Staff costs -€2,151
no longer reported in 2025 (was €2,151)
- Financial charges -€410
down €410 (-7.4%), from €5,527 to €5,117
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 | €49,617 | €58,305 | +€8,688 | +17.5% |
| Fixed assets | 21/28 | €8,197 | €7,636 | -€561 | -6.8% |
| Tangible fixed assets | 22/27 | €697 | €136 | -€561 | -80.5% |
| Furniture and vehicles | 24 | €697 | €136 | -€561 | -80.5% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €41,420 | €50,668 | +€9,249 | +22.3% |
| Stocks and contracts in progress | 3 | €35,558 | €39,354 | +€3,796 | +10.7% |
| Stocks | 30/36 | €35,558 | €39,354 | +€3,796 | +10.7% |
| Amounts receivable within one year | 40/41 | €2,659 | - | -€2,659 | |
| Trade receivables | 40 | €2,659 | - | -€2,659 | |
| Cash at bank and in hand | 54/58 | €3,202 | €11,314 | +€8,112 | +253% |
| Total equity and liabilities | 10/49 | €49,617 | €58,305 | +€8,688 | +17.5% |
| Equity | 10/15 | €12,309 | €23,235 | +€10,925 | +88.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,602 | €1,602 | = | 0.0% |
| Distributable reserves | 133 | €1,602 | €1,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,507 | €15,432 | +€10,925 | +242% |
| Amounts payable | 17/49 | €37,308 | €35,070 | -€2,238 | -6.0% |
| Amounts payable within one year | 42/48 | €37,308 | €35,070 | -€2,238 | -6.0% |
| Trade debts | 44 | - | €3,162 | +€3,162 | |
| Suppliers | 440/4 | - | €3,162 | +€3,162 | |
| Taxes, remuneration and social security | 45 | €686 | €3,812 | +€3,126 | +456% |
| Taxes | 450/3 | €686 | €2,812 | +€2,126 | +310% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €36,621 | €28,096 | -€8,525 | -23.3% |
| Remuneration, social security and pensions | 62 | €2,151 | - | -€2,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €558 | €561 | +€3 | +0.4% |
| Other operating charges | 640/8 | €1,413 | €5,034 | +€3,621 | +256% |
| Gross operating margin | 9900 | €12,289 | €21,637 | +€9,347 | +76.1% |
| Operating profit (loss) | 9901 | €8,167 | €16,042 | +€7,875 | +96.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,527 | €5,117 | -€410 | -7.4% |
| Recurring financial charges | 65 | €5,527 | €5,117 | -€410 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €2,640 | €10,925 | +€8,285 | +314% |
| Profit (loss) for the period | 9904 | €2,640 | €10,925 | +€8,285 | +314% |
| Profit (loss) for the period to be appropriated | 9905 | €2,640 | €10,925 | +€8,285 | +314% |
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 26 October 2026 via checked.be.