THAÏS: 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.
THAÏS
Largest movements
- Cash +€163,087
up €163,087 (+37.9%), from €430,401 to €593,488
mainly Receivables within one year (+€148,097) and Net result for the year (+€29,450)
- Receivables within one year -€148,097
down €148,097 (-55.5%), from €266,937 to €118,841
of which Other amounts receivable: -€142,228
- Tangible fixed assets -€22,816
down €22,816 (-3.9%), from €582,833 to €560,017
of which Land and buildings: -€19,554
- Profit (loss) carried forward +€29,450
up €29,450 (+35.1%), from €83,944 to €113,394
- Accrued charges and deferred income -€22,035
down €22,035 (-57.9%), from €38,069 to €16,033
- Debts after one year -€15,214
down €15,214 (-5.7%), from €264,668 to €249,454
- Staff costs +€94,767
up €94,767 (+11.2%), from €848,875 to €943,643
- Gross operating margin +€69,424
up €69,424 (+7.3%), from €946,000 to €1.0m
- Purchases and services -€14,525
down €14,525 (-8.5%), from €171,410 to €156,885
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 | €1,297,440 | €1,289,371 | -€8,070 | -0.6% |
| Fixed assets | 21/28 | €599,858 | €577,042 | -€22,816 | -3.8% |
| Tangible fixed assets | 22/27 | €582,833 | €560,017 | -€22,816 | -3.9% |
| Land and buildings | 22 | €536,058 | €516,505 | -€19,554 | -3.6% |
| Plant, machinery and equipment | 23 | €46,775 | €43,512 | -€3,262 | -7.0% |
| Financial fixed assets | 28 | €17,025 | €17,025 | = | 0.0% |
| Current assets | 29/58 | €697,582 | €712,329 | +€14,746 | +2.1% |
| Amounts receivable within one year | 40/41 | €266,937 | €118,841 | -€148,097 | -55.5% |
| Trade receivables | 40 | €7,859 | €1,990 | -€5,869 | -74.7% |
| Other amounts receivable | 41 | €259,078 | €116,850 | -€142,228 | -54.9% |
| Cash at bank and in hand | 54/58 | €430,401 | €593,488 | +€163,087 | +37.9% |
| Deferred charges and accrued income | 490/1 | €244 | - | -€244 | |
| Total equity and liabilities | 10/49 | €1,297,440 | €1,289,371 | -€8,070 | -0.6% |
| Equity | 10/15 | €688,003 | €717,453 | +€29,450 | +4.3% |
| Reserves | 13 | €604,059 | €604,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,944 | €113,394 | +€29,450 | +35.1% |
| Amounts payable | 17/49 | €609,437 | €571,917 | -€37,520 | -6.2% |
| Amounts payable after more than one year | 17 | €264,668 | €249,454 | -€15,214 | -5.7% |
| Financial debts | 170/4 | €264,668 | €249,454 | -€15,214 | -5.7% |
| Amounts payable within one year | 42/48 | €306,700 | €306,430 | -€271 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €16,363 | €16,652 | +€289 | +1.8% |
| Trade debts | 44 | €5,016 | €11,106 | +€6,090 | +121.4% |
| Suppliers | 440/4 | €5,016 | €11,106 | +€6,090 | +121.4% |
| Taxes, remuneration and social security | 45 | €136,568 | €173,435 | +€36,868 | +27.0% |
| Taxes | 450/3 | €18,949 | €21,058 | +€2,109 | +11.1% |
| Remuneration and social security | 454/9 | €117,619 | €152,378 | +€34,759 | +29.6% |
| Accrued charges and deferred income | 492/3 | €38,069 | €16,033 | -€22,035 | -57.9% |
| Turnover | 70 | €88,033 | €89,366 | +€1,333 | +1.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €171,410 | €156,885 | -€14,525 | -8.5% |
| Remuneration, social security and pensions | 62 | €848,875 | €943,643 | +€94,767 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,266 | €27,270 | +€4 | 0.0% |
| Other operating charges | 640/8 | €7,014 | €8,750 | +€1,735 | +24.7% |
| Non-recurring operating charges | 66A | €26,063 | €4,673 | -€21,390 | -82.1% |
| Gross operating margin | 9900 | €946,000 | €1,015,424 | +€69,424 | +7.3% |
| Operating profit (loss) | 9901 | €36,781 | €31,089 | -€5,693 | -15.5% |
| Financial income | 75/76B | €3,592 | €3,407 | -€185 | -5.1% |
| Recurring financial income | 75 | €3,592 | €3,407 | -€185 | -5.1% |
| Financial charges | 65/66B | €6,029 | €5,046 | -€983 | -16.3% |
| Recurring financial charges | 65 | €6,029 | €5,046 | -€983 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €34,344 | €29,450 | -€4,894 | -14.2% |
| Profit (loss) for the period | 9904 | €34,344 | €29,450 | -€4,894 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,344 | €29,450 | -€4,894 | -14.2% |
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 7 October 2026 via checked.be.