Thaiburi: what changed
Two fiscal 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.
Thaiburi
Largest movements
- Receivables within one year -€58,528
down €58,528 (-39.7%), from €147,405 to €88,878
of which Trade receivables: -€65,897
- Trade debts -€64,749
no longer reported in 2025 (was €64,749)
- Reserves +€9,651
up €9,651 (+10.4%), from €92,613 to €102,264
- Other debts -€4,006
down €4,006 (-81.5%), from €4,914 to €907
- Tax, wage and social debts -€2,054
down €2,054 (-17.7%), from €11,595 to €9,540
of which Taxes: -€2,295
- Staff costs +€37,953
up €37,953 (+135.0%), from €28,110 to €66,063
- Taxes -€7,569
down €7,569 (-62.1%), from €12,186 to €4,617
- Gross operating margin +€5,972
up €5,972 (+7.4%), from €80,402 to €86,375
- Other operating charges +€1,206
up €1,206 (+311.3%), from €387 to €1,593
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 | €178,943 | €117,785 | -€61,158 | -34.2% |
| Fixed assets | 21/28 | €8,070 | €7,155 | -€915 | -11.3% |
| Tangible fixed assets | 22/27 | €3,120 | €2,205 | -€915 | -29.3% |
| Plant, machinery and equipment | 23 | €2,151 | €1,021 | -€1,130 | -52.5% |
| Furniture and vehicles | 24 | €969 | €1,184 | +€215 | +22.2% |
| Financial fixed assets | 28 | €4,950 | €4,950 | = | 0.0% |
| Current assets | 29/58 | €170,873 | €110,630 | -€60,243 | -35.3% |
| Stocks and contracts in progress | 3 | €10,816 | €9,162 | -€1,653 | -15.3% |
| Stocks | 30/36 | €10,816 | €9,162 | -€1,653 | -15.3% |
| Amounts receivable within one year | 40/41 | €147,405 | €88,878 | -€58,528 | -39.7% |
| Trade receivables | 40 | €67,025 | €1,128 | -€65,897 | -98.3% |
| Other amounts receivable | 41 | €80,380 | €87,750 | +€7,369 | +9.2% |
| Cash at bank and in hand | 54/58 | €12,652 | €11,516 | -€1,136 | -9.0% |
| Deferred charges and accrued income | 490/1 | - | €1,074 | +€1,074 | |
| Total equity and liabilities | 10/49 | €178,943 | €117,785 | -€61,158 | -34.2% |
| Equity | 10/15 | €97,613 | €107,264 | +€9,651 | +9.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,613 | €102,264 | +€9,651 | +10.4% |
| Distributable reserves | 133 | €92,613 | €102,264 | +€9,651 | +10.4% |
| Amounts payable | 17/49 | €81,330 | €10,521 | -€70,809 | -87.1% |
| Amounts payable within one year | 42/48 | €81,257 | €10,448 | -€70,809 | -87.1% |
| Trade debts | 44 | €64,749 | - | -€64,749 | |
| Suppliers | 440/4 | €64,749 | - | -€64,749 | |
| Taxes, remuneration and social security | 45 | €11,595 | €9,540 | -€2,054 | -17.7% |
| Taxes | 450/3 | €7,417 | €5,122 | -€2,295 | -30.9% |
| Remuneration and social security | 454/9 | €4,178 | €4,419 | +€241 | +5.8% |
| Other amounts payable | 47/48 | €4,914 | €907 | -€4,006 | -81.5% |
| Accrued charges and deferred income | 492/3 | €73 | €73 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €28,110 | €66,063 | +€37,953 | +135.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,116 | €1,779 | -€337 | -15.9% |
| Other operating charges | 640/8 | €387 | €1,593 | +€1,206 | +311.3% |
| Gross operating margin | 9900 | €80,402 | €86,375 | +€5,972 | +7.4% |
| Operating profit (loss) | 9901 | €49,789 | €16,939 | -€32,850 | -66.0% |
| Financial income | 75/76B | €19 | €114 | +€95 | +509.8% |
| Recurring financial income | 75 | €19 | €114 | +€95 | +509.8% |
| Financial charges | 65/66B | €2,881 | €2,785 | -€96 | -3.3% |
| Recurring financial charges | 65 | €2,881 | €2,785 | -€96 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €46,927 | €14,268 | -€32,659 | -69.6% |
| Income taxes | 67/77 | €12,186 | €4,617 | -€7,569 | -62.1% |
| Profit (loss) for the period | 9904 | €34,740 | €9,651 | -€25,089 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,740 | €9,651 | -€25,089 | -72.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.