Fin-IT Thuysbaert Consult: 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.
Fin-IT Thuysbaert Consult
Largest movements
- Cash +€46,658
up €46,658 (+185%), from €25,259 to €71,916
mainly Net result for the year (+€101,265) and Receivables within one year (+€15,505)
- Receivables within one year -€15,505
down €15,505 (-24.6%), from €62,964 to €47,459
of which Other amounts receivable: -€18,798
- Tangible fixed assets +€7,644
up €7,644 (+24.3%), from €31,456 to €39,100
of which Assets under construction and advance payments: +€16,625
- Reserves +€56,265
up €56,265 (+62.9%), from €89,401 to €145,666
- Debts after one year -€9,792
down €9,792 (-59.2%), from €16,527 to €6,736
- Tax, wage and social debts -€9,317
down €9,317 (-32.0%), from €29,144 to €19,827
- Gross operating margin +€85,083
up €85,083 (+138%), from €61,868 to €146,951
- Taxes +€20,458
up €20,458 (+207%), from €9,903 to €30,362
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 | €146,002 | €184,725 | +€38,723 | +26.5% |
| Formation expenses | 20 | €511 | €275 | -€236 | -46.2% |
| Fixed assets | 21/28 | €31,456 | €39,100 | +€7,644 | +24.3% |
| Tangible fixed assets | 22/27 | €31,456 | €39,100 | +€7,644 | +24.3% |
| Furniture and vehicles | 24 | €6,086 | €3,334 | -€2,751 | -45.2% |
| Leasing and similar rights | 25 | €25,370 | €16,045 | -€9,325 | -36.8% |
| Other tangible fixed assets | 26 | - | €3,096 | +€3,096 | |
| Assets under construction and advance payments | 27 | - | €16,625 | +€16,625 | |
| Current assets | 29/58 | €114,036 | €145,351 | +€31,315 | +27.5% |
| Amounts receivable within one year | 40/41 | €62,964 | €47,459 | -€15,505 | -24.6% |
| Trade receivables | 40 | €16,253 | €19,547 | +€3,294 | +20.3% |
| Other amounts receivable | 41 | €46,711 | €27,913 | -€18,798 | -40.2% |
| Current investments | 50/53 | €19,847 | €19,847 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,259 | €71,916 | +€46,658 | +185% |
| Deferred charges and accrued income | 490/1 | €5,967 | €6,129 | +€162 | +2.7% |
| Total equity and liabilities | 10/49 | €146,002 | €184,725 | +€38,723 | +26.5% |
| Equity | 10/15 | €90,901 | €147,166 | +€56,265 | +61.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €89,401 | €145,666 | +€56,265 | +62.9% |
| Distributable reserves | 133 | €89,401 | €145,666 | +€56,265 | +62.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €55,101 | €37,559 | -€17,542 | -31.8% |
| Amounts payable after more than one year | 17 | €16,527 | €6,736 | -€9,792 | -59.2% |
| Financial debts | 170/4 | €16,527 | €6,736 | -€9,792 | -59.2% |
| Amounts payable within one year | 42/48 | €38,574 | €30,823 | -€7,751 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €9,430 | €9,792 | +€362 | +3.8% |
| Trade debts | 44 | €0 | €1,204 | +€1,204 | |
| Suppliers | 440/4 | €0 | €1,204 | +€1,204 | |
| Taxes, remuneration and social security | 45 | €29,144 | €19,827 | -€9,317 | -32.0% |
| Taxes | 450/3 | €29,144 | €19,827 | -€9,317 | -32.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,300 | €12,367 | +€67 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €600 | €0 | -€600 | -100% |
| Other operating charges | 640/8 | €1,852 | €2,122 | +€269 | +14.5% |
| Gross operating margin | 9900 | €61,868 | €146,951 | +€85,083 | +138% |
| Operating profit (loss) | 9901 | €47,115 | €132,462 | +€85,347 | +181% |
| Financial income | 75/76B | €96 | €318 | +€222 | +231% |
| Recurring financial income | 75 | €96 | €318 | +€222 | +231% |
| Financial charges | 65/66B | €1,708 | €1,154 | -€555 | -32.5% |
| Recurring financial charges | 65 | €1,708 | €1,154 | -€555 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €45,503 | €131,627 | +€86,124 | +189% |
| Income taxes | 67/77 | €9,903 | €30,362 | +€20,458 | +207% |
| Profit (loss) for the period | 9904 | €35,600 | €101,265 | +€65,665 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €35,600 | €101,265 | +€65,665 | +184% |
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.