THAKALI: 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.
THAKALI
Largest movements
- Receivables within one year +€11,431
up €11,431 (+221.3%), from €5,166 to €16,597
- Cash +€3,592
up €3,592 (+9.3%), from €38,823 to €42,415
mainly Tax, wage and social debts (+€16,991) and Net result for the year (+€5,518)
- Tangible fixed assets -€2,640
down €2,640 (-30.4%), from €8,693 to €6,053
of which Plant, machinery and equipment: -€1,822
- Stocks and contracts +€1,064
up €1,064 (+75.6%), from €1,407 to €2,471
- Tax, wage and social debts +€16,991
up €16,991 (+106.7%), from €15,922 to €32,914
of which Taxes: +€14,425
- Provisions -€8,307
no longer reported in 2025 (was €8,307)
- Reserves +€6,052
up €6,052 (+29.9%), from €20,235 to €26,287
- Trade debts -€756
down €756 (-6.1%), from €12,342 to €11,586
- Staff costs -€77,682
down €77,682 (-50.1%), from €155,020 to €77,338
- Gross operating margin -€75,953
down €75,953 (-43.7%), from €173,793 to €97,839
- Provisions -€6,711
down €6,711, from €4,485 to -€2,226
- Taxes +€2,951
up €2,951 (+73.5%), from €4,018 to €6,969
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 | €59,340 | €72,787 | +€13,447 | +22.7% |
| Fixed assets | 21/28 | €13,943 | €11,303 | -€2,640 | -18.9% |
| Tangible fixed assets | 22/27 | €8,693 | €6,053 | -€2,640 | -30.4% |
| Land and buildings | 22 | €503 | €283 | -€220 | -43.7% |
| Plant, machinery and equipment | 23 | €6,351 | €4,529 | -€1,822 | -28.7% |
| Furniture and vehicles | 24 | €1,839 | €1,241 | -€598 | -32.5% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €45,397 | €61,483 | +€16,087 | +35.4% |
| Stocks and contracts in progress | 3 | €1,407 | €2,471 | +€1,064 | +75.6% |
| Stocks | 30/36 | €1,407 | €2,471 | +€1,064 | +75.6% |
| Amounts receivable within one year | 40/41 | €5,166 | €16,597 | +€11,431 | +221.3% |
| Other amounts receivable | 41 | €5,166 | €16,597 | +€11,431 | +221.3% |
| Cash at bank and in hand | 54/58 | €38,823 | €42,415 | +€3,592 | +9.3% |
| Total equity and liabilities | 10/49 | €59,340 | €72,787 | +€13,447 | +22.7% |
| Equity | 10/15 | €22,768 | €28,287 | +€5,518 | +24.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,235 | €26,287 | +€6,052 | +29.9% |
| Distributable reserves | 133 | €20,235 | €26,287 | +€6,052 | +29.9% |
| Profit (loss) carried forward | 14 | €533 | €0 | -€533 | -100.0% |
| Provisions and deferred taxes | 16 | €8,307 | - | -€8,307 | |
| Provisions for liabilities and charges | 160/5 | €8,307 | - | -€8,307 | |
| Other liabilities and charges | 164/5 | €8,307 | - | -€8,307 | |
| Amounts payable | 17/49 | €28,264 | €44,500 | +€16,236 | +57.4% |
| Amounts payable within one year | 42/48 | €28,264 | €44,500 | +€16,236 | +57.4% |
| Trade debts | 44 | €12,342 | €11,586 | -€756 | -6.1% |
| Suppliers | 440/4 | €12,342 | €11,586 | -€756 | -6.1% |
| Taxes, remuneration and social security | 45 | €15,922 | €32,914 | +€16,991 | +106.7% |
| Taxes | 450/3 | €5,735 | €20,160 | +€14,425 | +251.5% |
| Remuneration and social security | 454/9 | €10,187 | €12,754 | +€2,567 | +25.2% |
| Remuneration, social security and pensions | 62 | €155,020 | €77,338 | -€77,682 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,640 | €2,640 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,485 | -€2,226 | -€6,711 | |
| Other operating charges | 640/8 | €6,353 | €6,016 | -€336 | -5.3% |
| Gross operating margin | 9900 | €173,793 | €97,839 | -€75,953 | -43.7% |
| Operating profit (loss) | 9901 | €5,296 | €14,071 | +€8,776 | +165.7% |
| Financial income | 75/76B | €145 | €923 | +€778 | +536.3% |
| Recurring financial income | 75 | €145 | €923 | +€778 | +536.3% |
| Financial charges | 65/66B | €889 | €2,507 | +€1,618 | +181.9% |
| Recurring financial charges | 65 | €889 | €2,507 | +€1,618 | +181.9% |
| Profit (loss) for the period before taxes | 9903 | €4,551 | €12,488 | +€7,936 | +174.4% |
| Income taxes | 67/77 | €4,018 | €6,969 | +€2,951 | +73.5% |
| Profit (loss) for the period | 9904 | €533 | €5,518 | +€4,985 | +934.6% |
| Profit (loss) for the period to be appropriated | 9905 | €533 | €5,518 | +€4,985 | +934.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.