DOMINIQUE THOMAS: 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.
DOMINIQUE THOMAS
Largest movements
- Tangible fixed assets -€55,905
down €55,905 (-6.7%), from €830,958 to €775,053
of which Land and buildings: -€38,923
- Receivables within one year -€22,431
down €22,431 (-61.1%), from €36,725 to €14,294
of which Other amounts receivable: -€25,801
- Debts after one year -€45,835
down €45,835 (-10.6%), from €433,475 to €387,640
- Other debts -€44,065
down €44,065 (-99.7%), from €44,197 to €132
- Reserves +€31,802
up €31,802 (+10.0%), from €319,450 to €351,252
- Current portion of long-term debt -€14,402
down €14,402 (-23.9%), from €60,237 to €45,835
- Gross operating margin +€40,147
up €40,147 (+32.0%), from €125,398 to €165,544
- Financial charges +€11,563
up €11,563 (+241%), from €4,806 to €16,369
- Taxes +€9,134
up €9,134 (+74.2%), from €12,311 to €21,444
- Depreciation -€5,901
down €5,901 (-7.8%), from €75,924 to €70,024
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 | €886,840 | €813,036 | -€73,804 | -8.3% |
| Fixed assets | 21/28 | €831,208 | €775,303 | -€55,905 | -6.7% |
| Tangible fixed assets | 22/27 | €830,958 | €775,053 | -€55,905 | -6.7% |
| Land and buildings | 22 | €775,274 | €736,351 | -€38,923 | -5.0% |
| Plant, machinery and equipment | 23 | €4,758 | €1,558 | -€3,200 | -67.3% |
| Furniture and vehicles | 24 | €50,925 | €37,144 | -€13,782 | -27.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €55,632 | €37,734 | -€17,898 | -32.2% |
| Amounts receivable within one year | 40/41 | €36,725 | €14,294 | -€22,431 | -61.1% |
| Trade receivables | 40 | €4,341 | €7,711 | +€3,370 | +77.6% |
| Other amounts receivable | 41 | €32,384 | €6,583 | -€25,801 | -79.7% |
| Cash at bank and in hand | 54/58 | €15,305 | €20,165 | +€4,860 | +31.8% |
| Deferred charges and accrued income | 490/1 | €3,602 | €3,274 | -€328 | -9.1% |
| Total equity and liabilities | 10/49 | €886,840 | €813,036 | -€73,804 | -8.3% |
| Equity | 10/15 | €338,050 | €369,852 | +€31,802 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,450 | €351,252 | +€31,802 | +10.0% |
| Distributable reserves | 133 | €319,450 | €351,252 | +€31,802 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €548,790 | €443,184 | -€105,606 | -19.2% |
| Amounts payable after more than one year | 17 | €433,475 | €387,640 | -€45,835 | -10.6% |
| Financial debts | 170/4 | €433,475 | €387,640 | -€45,835 | -10.6% |
| Amounts payable within one year | 42/48 | €115,315 | €55,544 | -€59,771 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €60,237 | €45,835 | -€14,402 | -23.9% |
| Trade debts | 44 | €9,140 | €8,744 | -€396 | -4.3% |
| Suppliers | 440/4 | €9,140 | €8,744 | -€396 | -4.3% |
| Taxes, remuneration and social security | 45 | €1,740 | €834 | -€907 | -52.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €1,740 | €834 | -€907 | -52.1% |
| Other amounts payable | 47/48 | €44,197 | €132 | -€44,065 | -99.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,924 | €70,024 | -€5,901 | -7.8% |
| Other operating charges | 640/8 | €2,501 | €3,253 | +€752 | +30.1% |
| Non-recurring operating charges | 66A | - | €765 | +€765 | |
| Gross operating margin | 9900 | €125,398 | €165,544 | +€40,147 | +32.0% |
| Operating profit (loss) | 9901 | €46,972 | €91,502 | +€44,530 | +94.8% |
| Financial income | 75/76B | €517 | €424 | -€93 | -17.9% |
| Recurring financial income | 75 | €517 | €424 | -€93 | -17.9% |
| Financial charges | 65/66B | €4,806 | €16,369 | +€11,563 | +241% |
| Recurring financial charges | 65 | €4,806 | €16,369 | +€11,563 | +241% |
| Profit (loss) for the period before taxes | 9903 | €42,683 | €75,557 | +€32,875 | +77.0% |
| Income taxes | 67/77 | €12,311 | €21,444 | +€9,134 | +74.2% |
| Profit (loss) for the period | 9904 | €30,372 | €54,113 | +€23,741 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,372 | €54,113 | +€23,741 | +78.2% |
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 29 October 2026 via checked.be.