For Thunes: 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.
For Thunes
Largest movements
- Cash -€35,063
down €35,063 (-99.9%), from €35,111 to €48
mainly Net result for the year (-€20,828) and Receivables within one year (-€16,768)
- Receivables within one year +€16,768
up €16,768 (+22.5%), from €74,587 to €91,356
of which Trade receivables: +€14,709
- Tangible fixed assets +€2,013
up €2,013 (+1,702%), from €118 to €2,132
- Profit (loss) carried forward -€20,828
down €20,828, from €4,297 to -€16,531
- Trade debts +€20,040
up €20,040 (+280%), from €7,148 to €27,187
- Other debts -€12,938
down €12,938 (-13.9%), from €92,817 to €79,879
- Tax, wage and social debts -€2,555
no longer reported in 2025 (was €2,555)
- Gross operating margin -€25,637
down €25,637, from €6,451 to -€19,185
- Other operating charges -€15,626
down €15,626 (-97.5%), from €16,026 to €400
- Financial charges -€650
down €650 (-91.5%), from €711 to €60
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 | €109,816 | €93,535 | -€16,281 | -14.8% |
| Fixed assets | 21/28 | €118 | €2,132 | +€2,013 | +1,702% |
| Tangible fixed assets | 22/27 | €118 | €2,132 | +€2,013 | +1,702% |
| Furniture and vehicles | 24 | €118 | €2,132 | +€2,013 | +1,702% |
| Current assets | 29/58 | €109,698 | €91,403 | -€18,294 | -16.7% |
| Amounts receivable within one year | 40/41 | €74,587 | €91,356 | +€16,768 | +22.5% |
| Trade receivables | 40 | €72,852 | €87,561 | +€14,709 | +20.2% |
| Other amounts receivable | 41 | €1,735 | €3,794 | +€2,059 | +119% |
| Cash at bank and in hand | 54/58 | €35,111 | €48 | -€35,063 | -99.9% |
| Total equity and liabilities | 10/49 | €109,816 | €93,535 | -€16,281 | -14.8% |
| Equity | 10/15 | €7,297 | -€13,531 | -€20,828 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,297 | -€16,531 | -€20,828 | |
| Amounts payable | 17/49 | €102,519 | €107,066 | +€4,547 | +4.4% |
| Amounts payable within one year | 42/48 | €102,519 | €107,066 | +€4,547 | +4.4% |
| Trade debts | 44 | €7,148 | €27,187 | +€20,040 | +280% |
| Suppliers | 440/4 | €7,148 | €27,187 | +€20,040 | +280% |
| Taxes, remuneration and social security | 45 | €2,555 | - | -€2,555 | |
| Taxes | 450/3 | €2,555 | - | -€2,555 | |
| Other amounts payable | 47/48 | €92,817 | €79,879 | -€12,938 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,179 | €1,183 | +€4 | +0.3% |
| Other operating charges | 640/8 | €16,026 | €400 | -€15,626 | -97.5% |
| Gross operating margin | 9900 | €6,451 | -€19,185 | -€25,637 | |
| Operating profit (loss) | 9901 | -€10,754 | -€20,768 | -€10,014 | -93.1% |
| Financial charges | 65/66B | €711 | €60 | -€650 | -91.5% |
| Recurring financial charges | 65 | €711 | €60 | -€650 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,464 | -€20,828 | -€9,364 | -81.7% |
| Profit (loss) for the period | 9904 | -€11,464 | -€20,828 | -€9,364 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,464 | -€20,828 | -€9,364 | -81.7% |
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 14 October 2026 via checked.be.