TH TECHNICS SERVICES: what changed
TH TECHNICS SERVICES
Largest movements
- Receivables within one year +€8,167
up €8,167 (+35.3%), from €23,113 to €31,280
of which Other amounts receivable: +€8,950
- Cash +€8,053
up €8,053 (+299%), from €2,697 to €10,750
mainly Tax, wage and social debts (+€18,149) and Trade debts (+€2,741)
- Tax, wage and social debts +€18,149
up €18,149 (+202%), from €8,990 to €27,139
- Profit (loss) carried forward -€6,573
down €6,573 (-47.7%), from €13,768 to €7,195
- Trade debts +€2,741
up €2,741 (+5,231%), from €52 to €2,793
- Other debts +€1,902
new in 2025: €1,902
- Gross operating margin -€23,166
down €23,166, from €21,920 to -€1,246
- Taxes -€4,917
down €4,917 (-82.8%), from €5,935 to €1,019
- Financial charges +€2,091
up €2,091 (+3,243%), from €64 to €2,156
- Other operating charges +€1,905
up €1,905 (+481%), from €396 to €2,301
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,810 | €42,030 | +€16,220 | +62.8% |
| Current assets | 29/58 | €25,810 | €42,030 | +€16,220 | +62.8% |
| Amounts receivable within one year | 40/41 | €23,113 | €31,280 | +€8,167 | +35.3% |
| Trade receivables | 40 | €22,669 | €21,887 | -€782 | -3.5% |
| Other amounts receivable | 41 | €443 | €9,393 | +€8,950 | +2,019% |
| Cash at bank and in hand | 54/58 | €2,697 | €10,750 | +€8,053 | +299% |
| Total equity and liabilities | 10/49 | €25,810 | €42,030 | +€16,220 | +62.8% |
| Equity | 10/15 | €16,768 | €10,195 | -€6,573 | -39.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €13,768 | €7,195 | -€6,573 | -47.7% |
| Amounts payable | 17/49 | €9,042 | €31,834 | +€22,792 | +252% |
| Amounts payable within one year | 42/48 | €9,042 | €31,834 | +€22,792 | +252% |
| Trade debts | 44 | €52 | €2,793 | +€2,741 | +5,231% |
| Suppliers | 440/4 | €52 | €2,793 | +€2,741 | +5,231% |
| Taxes, remuneration and social security | 45 | €8,990 | €27,139 | +€18,149 | +202% |
| Taxes | 450/3 | €8,990 | €27,139 | +€18,149 | +202% |
| Other amounts payable | 47/48 | - | €1,902 | +€1,902 | |
| Other operating charges | 640/8 | €396 | €2,301 | +€1,905 | +481% |
| Non-recurring operating charges | 66A | €594 | - | -€594 | |
| Gross operating margin | 9900 | €21,920 | -€1,246 | -€23,166 | |
| Operating profit (loss) | 9901 | €20,930 | -€3,547 | -€24,477 | |
| Financial income | 75/76B | €37 | €149 | +€112 | +303% |
| Recurring financial income | 75 | €37 | €149 | +€112 | +303% |
| Financial charges | 65/66B | €64 | €2,156 | +€2,091 | +3,243% |
| Recurring financial charges | 65 | €64 | €2,156 | +€2,091 | +3,243% |
| Profit (loss) for the period before taxes | 9903 | €20,902 | -€5,554 | -€26,456 | |
| Income taxes | 67/77 | €5,935 | €1,019 | -€4,917 | -82.8% |
| Profit (loss) for the period | 9904 | €14,967 | -€6,573 | -€21,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,967 | -€6,573 | -€21,540 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.