FAHRSCHULE THEIS: 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.
FAHRSCHULE THEIS
Largest movements
- Cash +€59,843
up €59,843 (+35.4%), from €168,999 to €228,842
mainly Depreciation (+€53,428) and Advances received (+€44,562)
- Receivables within one year +€24,568
up €24,568 (+41.1%), from €59,774 to €84,342
of which Trade receivables: +€18,308
- Tangible fixed assets -€8,571
down €8,571 (-2.8%), from €304,162 to €295,591
of which Land and buildings: -€8,853
- Advances received +€44,562
new in 2025: €44,562
- Tax, wage and social debts -€27,994
down €27,994 (-53.0%), from €52,831 to €24,837
of which Taxes: -€15,723
- Reserves +€27,174
up €27,174 (+9.5%), from €286,865 to €314,039
- Debts after one year +€16,141
new in 2025: €16,141
- Current portion of long-term debt +€12,486
new in 2025: €12,486
- Gross operating margin -€63,023
down €63,023 (-25.7%), from €244,925 to €181,902
- Staff costs -€33,725
down €33,725 (-30.1%), from €112,212 to €78,487
- Taxes -€10,088
down €10,088 (-43.9%), from €22,986 to €12,898
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 | €540,665 | €619,605 | +€78,940 | +14.6% |
| Fixed assets | 21/28 | €304,162 | €295,591 | -€8,571 | -2.8% |
| Tangible fixed assets | 22/27 | €304,162 | €295,591 | -€8,571 | -2.8% |
| Land and buildings | 22 | €211,133 | €202,280 | -€8,853 | -4.2% |
| Plant, machinery and equipment | 23 | €33,068 | €25,608 | -€7,460 | -22.6% |
| Furniture and vehicles | 24 | €59,961 | €67,703 | +€7,742 | +12.9% |
| Current assets | 29/58 | €236,503 | €324,014 | +€87,511 | +37.0% |
| Amounts receivable within one year | 40/41 | €59,774 | €84,342 | +€24,568 | +41.1% |
| Trade receivables | 40 | €59,774 | €78,082 | +€18,308 | +30.6% |
| Other amounts receivable | 41 | - | €6,260 | +€6,260 | |
| Cash at bank and in hand | 54/58 | €168,999 | €228,842 | +€59,843 | +35.4% |
| Deferred charges and accrued income | 490/1 | €7,730 | €10,830 | +€3,100 | +40.1% |
| Total equity and liabilities | 10/49 | €540,665 | €619,605 | +€78,940 | +14.6% |
| Equity | 10/15 | €467,193 | €494,368 | +€27,174 | +5.8% |
| Contributions | 10/11 | €26,450 | €26,450 | = | 0.0% |
| Reserves | 13 | €286,865 | €314,039 | +€27,174 | +9.5% |
| Distributable reserves | 133 | €286,865 | €314,039 | +€27,174 | +9.5% |
| Profit (loss) carried forward | 14 | €153,878 | €153,878 | = | 0.0% |
| Amounts payable | 17/49 | €73,471 | €125,237 | +€51,766 | +70.5% |
| Amounts payable after more than one year | 17 | - | €16,141 | +€16,141 | |
| Financial debts | 170/4 | - | €16,141 | +€16,141 | |
| Amounts payable within one year | 42/48 | €73,471 | €109,096 | +€35,625 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,486 | +€12,486 | |
| Trade debts | 44 | €10,381 | €18,861 | +€8,480 | +81.7% |
| Suppliers | 440/4 | €10,381 | €18,861 | +€8,480 | +81.7% |
| Advances received on contracts in progress | 46 | - | €44,562 | +€44,562 | |
| Taxes, remuneration and social security | 45 | €52,831 | €24,837 | -€27,994 | -53.0% |
| Taxes | 450/3 | €31,402 | €15,678 | -€15,723 | -50.1% |
| Remuneration and social security | 454/9 | €21,429 | €9,159 | -€12,271 | -57.3% |
| Other amounts payable | 47/48 | €10,259 | €8,351 | -€1,909 | -18.6% |
| Non-recurring operating income | 76A | €5,500 | - | -€5,500 | |
| Remuneration, social security and pensions | 62 | €112,212 | €78,487 | -€33,725 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,004 | €53,428 | +€1,424 | +2.7% |
| Other operating charges | 640/8 | €8,285 | €8,373 | +€88 | +1.1% |
| Gross operating margin | 9900 | €244,925 | €181,902 | -€63,023 | -25.7% |
| Operating profit (loss) | 9901 | €72,425 | €41,614 | -€30,810 | -42.5% |
| Financial income | 75/76B | €67 | €40 | -€27 | -40.3% |
| Recurring financial income | 75 | €67 | €40 | -€27 | -40.3% |
| Financial charges | 65/66B | €1,495 | €1,582 | +€87 | +5.8% |
| Recurring financial charges | 65 | €1,495 | €1,582 | +€87 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €70,996 | €40,072 | -€30,924 | -43.6% |
| Income taxes | 67/77 | €22,986 | €12,898 | -€10,088 | -43.9% |
| Profit (loss) for the period | 9904 | €48,011 | €27,174 | -€20,837 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,011 | €27,174 | -€20,837 | -43.4% |
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 1 November 2026 via checked.be.