Firma Paul Thiry: 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.
Firma Paul Thiry
Largest movements
- Receivables within one year +€205,539
up €205,539 (+28985.9%), from €709 to €206,248
- Cash +€30,284
up €30,284 (+165.1%), from €18,343 to €48,628
mainly Net result for the year (+€292,731) and Other debts (+€138,979)
- Other debts +€138,979
up €138,979 (+68.9%), from €201,587 to €340,566
- Short-term financial debts +€45,925
new in 2025: €45,925
- Tax, wage and social debts +€34,967
up €34,967 (+289.2%), from €12,093 to €47,060
- Trade debts +€15,952
new in 2025: €15,952
- Gross operating margin +€156,579
up €156,579 (+65.6%), from €238,853 to €395,432
- Taxes +€49,967
up €49,967 (+95.9%), from €52,093 to €102,060
- Other operating charges -€20,822
no longer reported in 2025 (was €20,822)
- Financial charges -€11,545
down €11,545 (-94.7%), from €12,185 to €641
of which Non-recurring financial charges: -€12,140
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.
Cash bridge derived
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 | €589,838 | €825,661 | +€235,823 | +40.0% |
| Fixed assets | 21/28 | €570,786 | €570,786 | = | 0.0% |
| Tangible fixed assets | 22/27 | €570,786 | €570,786 | = | 0.0% |
| Land and buildings | 22 | €570,786 | €570,786 | = | 0.0% |
| Current assets | 29/58 | €19,052 | €254,876 | +€235,823 | +1237.8% |
| Amounts receivable within one year | 40/41 | €709 | €206,248 | +€205,539 | +28985.9% |
| Other amounts receivable | 41 | €709 | €206,248 | +€205,539 | +28985.9% |
| Cash at bank and in hand | 54/58 | €18,343 | €48,628 | +€30,284 | +165.1% |
| Total equity and liabilities | 10/49 | €589,838 | €825,661 | +€235,823 | +40.0% |
| Equity | 10/15 | €376,158 | €376,158 | = | 0.0% |
| Contributions | 10/11 | €20,575 | €20,575 | = | 0.0% |
| Reserves | 13 | €9,750 | €9,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,235 | €6,235 | = | 0.0% |
| Distributable reserves | 133 | €1,036 | €1,036 | = | 0.0% |
| Profit (loss) carried forward | 14 | €345,833 | €345,833 | = | 0.0% |
| Amounts payable | 17/49 | €213,680 | €449,503 | +€235,823 | +110.4% |
| Amounts payable within one year | 42/48 | €213,680 | €449,503 | +€235,823 | +110.4% |
| Financial debts | 43 | - | €45,925 | +€45,925 | |
| Other loans | 439 | - | €45,925 | +€45,925 | |
| Trade debts | 44 | - | €15,952 | +€15,952 | |
| Suppliers | 440/4 | - | €15,952 | +€15,952 | |
| Taxes, remuneration and social security | 45 | €12,093 | €47,060 | +€34,967 | +289.2% |
| Taxes | 450/3 | €12,093 | €47,060 | +€34,967 | +289.2% |
| Other amounts payable | 47/48 | €201,587 | €340,566 | +€138,979 | +68.9% |
| Other operating charges | 640/8 | €20,822 | - | -€20,822 | |
| Gross operating margin | 9900 | €238,853 | €395,432 | +€156,579 | +65.6% |
| Operating profit (loss) | 9901 | €218,030 | €395,432 | +€177,402 | +81.4% |
| Financial charges | 65/66B | €12,185 | €641 | -€11,545 | -94.7% |
| Recurring financial charges | 65 | €45 | €641 | +€596 | +1324.0% |
| Non-recurring financial charges | 66B | €12,140 | - | -€12,140 | |
| Profit (loss) for the period before taxes | 9903 | €205,845 | €394,791 | +€188,946 | +91.8% |
| Income taxes | 67/77 | €52,093 | €102,060 | +€49,967 | +95.9% |
| Profit (loss) for the period | 9904 | €153,752 | €292,731 | +€138,979 | +90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €153,752 | €292,731 | +€138,979 | +90.4% |
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 10 October 2026 via checked.be.