F & J THYS: what changed
F & J THYS
Largest movements
- Receivables within one year +€46,010
up €46,010 (+539%), from €8,533 to €54,544
of which Trade receivables: +€45,301
- Cash +€20,616
up €20,616 (+25.6%), from €80,620 to €101,236
mainly Net result for the year (+€56,371) and Depreciation (+€16,217)
- Tangible fixed assets -€15,734
down €15,734 (-15.4%), from €102,143 to €86,409
of which Furniture and vehicles: -€13,207
- Reserves +€56,350
up €56,350 (+35.0%), from €160,950 to €217,300
- Trade debts +€7,366
up €7,366 (+111%), from €6,657 to €14,022
- Tax, wage and social debts -€7,110
down €7,110 (-81.3%), from €8,745 to €1,635
- Debts after one year -€5,000
down €5,000 (-83.3%), from €6,000 to €1,000
- Gross operating margin -€73,035
down €73,035 (-42.0%), from €174,002 to €100,967
- Taxes -€20,824
down €20,824 (-42.7%), from €48,725 to €27,901
- Depreciation +€6,005
up €6,005 (+58.8%), from €10,211 to €16,217
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 | €195,631 | €246,236 | +€50,605 | +25.9% |
| Fixed assets | 21/28 | €102,373 | €86,639 | -€15,734 | -15.4% |
| Tangible fixed assets | 22/27 | €102,143 | €86,409 | -€15,734 | -15.4% |
| Land and buildings | 22 | €47,880 | €45,118 | -€2,762 | -5.8% |
| Plant, machinery and equipment | 23 | €1,025 | €1,260 | +€235 | +22.9% |
| Furniture and vehicles | 24 | €53,238 | €40,031 | -€13,207 | -24.8% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €93,259 | €159,598 | +€66,339 | +71.1% |
| Amounts receivable within one year | 40/41 | €8,533 | €54,544 | +€46,010 | +539% |
| Trade receivables | 40 | €5,276 | €50,576 | +€45,301 | +859% |
| Other amounts receivable | 41 | €3,258 | €3,967 | +€710 | +21.8% |
| Cash at bank and in hand | 54/58 | €80,620 | €101,236 | +€20,616 | +25.6% |
| Deferred charges and accrued income | 490/1 | €4,106 | €3,818 | -€288 | -7.0% |
| Total equity and liabilities | 10/49 | €195,631 | €246,236 | +€50,605 | +25.9% |
| Equity | 10/15 | €169,518 | €225,889 | +€56,371 | +33.3% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €160,950 | €217,300 | +€56,350 | +35.0% |
| Distributable reserves | 133 | €160,950 | €217,300 | +€56,350 | +35.0% |
| Profit (loss) carried forward | 14 | €511 | €532 | +€21 | +4.2% |
| Amounts payable | 17/49 | €26,113 | €20,347 | -€5,767 | -22.1% |
| Amounts payable after more than one year | 17 | €6,000 | €1,000 | -€5,000 | -83.3% |
| Financial debts | 170/4 | €6,000 | €1,000 | -€5,000 | -83.3% |
| Amounts payable within one year | 42/48 | €20,113 | €19,347 | -€767 | -3.8% |
| Trade debts | 44 | €6,657 | €14,022 | +€7,366 | +111% |
| Suppliers | 440/4 | €6,657 | €14,022 | +€7,366 | +111% |
| Taxes, remuneration and social security | 45 | €8,745 | €1,635 | -€7,110 | -81.3% |
| Taxes | 450/3 | €8,745 | €1,635 | -€7,110 | -81.3% |
| Other amounts payable | 47/48 | €4,712 | €3,690 | -€1,022 | -21.7% |
| Non-recurring operating income | 76A | €1,033 | - | -€1,033 | |
| Remuneration, social security and pensions | 62 | €105 | €1,298 | +€1,193 | +1,136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,211 | €16,217 | +€6,005 | +58.8% |
| Other operating charges | 640/8 | €1,292 | €851 | -€441 | -34.1% |
| Gross operating margin | 9900 | €174,002 | €100,967 | -€73,035 | -42.0% |
| Operating profit (loss) | 9901 | €162,394 | €82,602 | -€79,792 | -49.1% |
| Financial income | 75/76B | €2,942 | €1,780 | -€1,162 | -39.5% |
| Recurring financial income | 75 | €2,942 | €1,780 | -€1,162 | -39.5% |
| Financial charges | 65/66B | €139 | €109 | -€30 | -21.5% |
| Recurring financial charges | 65 | €139 | €109 | -€30 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €165,196 | €84,272 | -€80,924 | -49.0% |
| Income taxes | 67/77 | €48,725 | €27,901 | -€20,824 | -42.7% |
| Profit (loss) for the period | 9904 | €116,471 | €56,371 | -€60,100 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,471 | €56,371 | -€60,100 | -51.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.