Ron Thijs Services: 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.
Ron Thijs Services
Largest movements
- Deferred charges and accrued income -€26,580
down €26,580 (-90.5%), from €29,380 to €2,800
- Receivables within one year -€25,494
down €25,494 (-35.8%), from €71,213 to €45,719
of which Other amounts receivable: -€44,820
- Cash -€22,231
down €22,231 (-50.5%), from €44,004 to €21,773
mainly Contributions, distributions and other (-€50,000) and Tax, wage and social debts (-€36,685)
- Reserves -€91,151
down €91,151 (-100%), from €91,151 to €0
- Profit (loss) carried forward +€71,298
up €71,298 (+8,503%), from €838 to €72,137
- Tax, wage and social debts -€36,685
down €36,685 (-89.0%), from €41,217 to €4,532
of which Taxes: -€36,699
- Other debts -€18,000
down €18,000 (-26.5%), from €68,000 to €50,000
- Accrued charges and deferred income -€9,505
down €9,505 (-97.8%), from €9,721 to €216
- Gross operating margin -€29,469
down €29,469 (-42.3%), from €69,642 to €40,173
- Taxes +€10,268
new in 2025: €10,268
- Financial income +€2,374
up €2,374 (+22,801%), from €10 to €2,384
- Other operating charges +€750
up €750 (+134%), from €560 to €1,310
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 | €216,895 | €141,898 | -€74,997 | -34.6% |
| Fixed assets | 21/28 | €1,397 | €706 | -€691 | -49.5% |
| Tangible fixed assets | 22/27 | €1,397 | €706 | -€691 | -49.5% |
| Furniture and vehicles | 24 | €1,397 | €706 | -€691 | -49.5% |
| Current assets | 29/58 | €215,498 | €141,192 | -€74,306 | -34.5% |
| Amounts receivable after more than one year | 29 | €70,900 | €70,900 | = | 0.0% |
| Other amounts receivable | 291 | €70,900 | €70,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,213 | €45,719 | -€25,494 | -35.8% |
| Trade receivables | 40 | €17,814 | €37,140 | +€19,326 | +108% |
| Other amounts receivable | 41 | €53,399 | €8,579 | -€44,820 | -83.9% |
| Cash at bank and in hand | 54/58 | €44,004 | €21,773 | -€22,231 | -50.5% |
| Deferred charges and accrued income | 490/1 | €29,380 | €2,800 | -€26,580 | -90.5% |
| Total equity and liabilities | 10/49 | €216,895 | €141,898 | -€74,997 | -34.6% |
| Equity | 10/15 | €94,989 | €75,137 | -€19,853 | -20.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €91,151 | €0 | -€91,151 | -100% |
| Distributable reserves | 133 | €91,151 | €0 | -€91,151 | -100% |
| Profit (loss) carried forward | 14 | €838 | €72,137 | +€71,298 | +8,503% |
| Amounts payable | 17/49 | €121,905 | €66,761 | -€55,144 | -45.2% |
| Amounts payable within one year | 42/48 | €112,184 | €66,545 | -€45,639 | -40.7% |
| Trade debts | 44 | €2,967 | €12,013 | +€9,046 | +305% |
| Suppliers | 440/4 | €2,967 | €12,013 | +€9,046 | +305% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €41,217 | €4,532 | -€36,685 | -89.0% |
| Taxes | 450/3 | €38,107 | €1,407 | -€36,699 | -96.3% |
| Remuneration and social security | 454/9 | €3,110 | €3,125 | +€15 | +0.5% |
| Other amounts payable | 47/48 | €68,000 | €50,000 | -€18,000 | -26.5% |
| Accrued charges and deferred income | 492/3 | €9,721 | €216 | -€9,505 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €691 | +€691 | |
| Other operating charges | 640/8 | €560 | €1,310 | +€750 | +134% |
| Gross operating margin | 9900 | €69,642 | €40,173 | -€29,469 | -42.3% |
| Operating profit (loss) | 9901 | €69,082 | €38,172 | -€30,910 | -44.7% |
| Financial income | 75/76B | €10 | €2,384 | +€2,374 | +22,801% |
| Recurring financial income | 75 | €10 | €2,384 | +€2,374 | +22,801% |
| Financial charges | 65/66B | €254 | €141 | -€113 | -44.4% |
| Recurring financial charges | 65 | €254 | €141 | -€113 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €68,838 | €40,415 | -€28,424 | -41.3% |
| Income taxes | 67/77 | - | €10,268 | +€10,268 | |
| Profit (loss) for the period | 9904 | €68,838 | €30,147 | -€38,691 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,838 | €30,147 | -€38,691 | -56.2% |
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 23 October 2026 via checked.be.