CC THERM: 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.
CC THERM
Largest movements
- Receivables within one year +€3,192
up €3,192 (+53.8%), from €5,930 to €9,122
of which Trade receivables: +€4,396
- Cash -€3,029
down €3,029 (-100%), from €3,029 to €0
mainly Net result for the year (-€6,805) and Receivables within one year (-€3,192)
- Deferred charges and accrued income -€132
down €132 (-81.8%), from €161 to €29
- Profit (loss) carried forward -€6,805
down €6,805 (-27.9%), from -€24,419 to -€31,224
- Trade debts +€6,506
up €6,506 (+4,187%), from €155 to €6,662
- Short-term financial debts +€1,062
new in 2025: €1,062
- Other debts -€732
down €732 (-3.6%), from €20,304 to €19,571
- Gross operating margin -€5,164
down €5,164 (-493%), from -€1,047 to -€6,211
- Other operating charges -€433
down €433 (-49.4%), from €877 to €444
- Depreciation -€146
down €146 (-100%), from €146 to €0
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 | €9,120 | €9,151 | +€31 | +0.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €9,120 | €9,151 | +€31 | +0.3% |
| Amounts receivable within one year | 40/41 | €5,930 | €9,122 | +€3,192 | +53.8% |
| Trade receivables | 40 | €2,174 | €6,571 | +€4,396 | +202% |
| Other amounts receivable | 41 | €3,756 | €2,551 | -€1,205 | -32.1% |
| Cash at bank and in hand | 54/58 | €3,029 | €0 | -€3,029 | -100% |
| Deferred charges and accrued income | 490/1 | €161 | €29 | -€132 | -81.8% |
| Total equity and liabilities | 10/49 | €9,120 | €9,151 | +€31 | +0.3% |
| Equity | 10/15 | -€11,339 | -€18,144 | -€6,805 | -60.0% |
| Contributions | 10/11 | €13,080 | €13,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,419 | -€31,224 | -€6,805 | -27.9% |
| Amounts payable | 17/49 | €20,459 | €27,295 | +€6,836 | +33.4% |
| Amounts payable within one year | 42/48 | €20,459 | €27,295 | +€6,836 | +33.4% |
| Financial debts | 43 | - | €1,062 | +€1,062 | |
| Credit institutions | 430/8 | - | €1,062 | +€1,062 | |
| Trade debts | 44 | €155 | €6,662 | +€6,506 | +4,187% |
| Suppliers | 440/4 | €155 | €6,662 | +€6,506 | +4,187% |
| Other amounts payable | 47/48 | €20,304 | €19,571 | -€732 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146 | €0 | -€146 | -100% |
| Other operating charges | 640/8 | €877 | €444 | -€433 | -49.4% |
| Gross operating margin | 9900 | -€1,047 | -€6,211 | -€5,164 | -493% |
| Operating profit (loss) | 9901 | -€2,070 | -€6,655 | -€4,585 | -221% |
| Financial income | 75/76B | €27 | €9 | -€18 | -67.2% |
| Recurring financial income | 75 | €27 | €9 | -€18 | -67.2% |
| Financial charges | 65/66B | €149 | €159 | +€10 | +6.6% |
| Recurring financial charges | 65 | €149 | €159 | +€10 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,191 | -€6,805 | -€4,613 | -211% |
| Profit (loss) for the period | 9904 | -€2,191 | -€6,805 | -€4,613 | -211% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,191 | -€6,805 | -€4,613 | -211% |
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 17 October 2026 via checked.be.