Thalie Consult: 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.
Thalie Consult
Largest movements
- Cash -€36,574
down €36,574 (-43.5%), from €84,004 to €47,430
mainly Contributions, distributions and other (-€66,000) and Net result for the year (-€23,232)
- Receivables within one year -€6,609
down €6,609 (-10.5%), from €63,132 to €56,523
of which Trade receivables: -€5,601
- Tangible fixed assets +€5,814
up €5,814 (+120%), from €4,857 to €10,671
- Profit (loss) carried forward -€89,232
down €89,232 (-65.0%), from €137,213 to €47,981
- Other debts +€66,000
new in 2025: €66,000
- Trade debts -€11,171
down €11,171 (-96.2%), from €11,611 to €440
- Gross operating margin -€95,916
down €95,916, from €75,561 to -€20,355
- Taxes -€16,066
no longer reported in 2025 (was €16,066)
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 | €151,992 | €115,921 | -€36,071 | -23.7% |
| Fixed assets | 21/28 | €4,857 | €11,871 | +€7,014 | +144% |
| Tangible fixed assets | 22/27 | €4,857 | €10,671 | +€5,814 | +120% |
| Furniture and vehicles | 24 | €4,857 | €10,671 | +€5,814 | +120% |
| Financial fixed assets | 28 | - | €1,200 | +€1,200 | |
| Current assets | 29/58 | €147,136 | €104,050 | -€43,086 | -29.3% |
| Amounts receivable within one year | 40/41 | €63,132 | €56,523 | -€6,609 | -10.5% |
| Trade receivables | 40 | €6,113 | €512 | -€5,601 | -91.6% |
| Other amounts receivable | 41 | €57,019 | €56,011 | -€1,009 | -1.8% |
| Cash at bank and in hand | 54/58 | €84,004 | €47,430 | -€36,574 | -43.5% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €151,992 | €115,921 | -€36,071 | -23.7% |
| Equity | 10/15 | €138,713 | €49,481 | -€89,232 | -64.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,213 | €47,981 | -€89,232 | -65.0% |
| Amounts payable | 17/49 | €13,279 | €66,440 | +€53,161 | +400% |
| Amounts payable within one year | 42/48 | €13,231 | €66,440 | +€53,209 | +402% |
| Trade debts | 44 | €11,611 | €440 | -€11,171 | -96.2% |
| Suppliers | 440/4 | €11,611 | €440 | -€11,171 | -96.2% |
| Advances received on contracts in progress | 46 | €554 | - | -€554 | |
| Taxes, remuneration and social security | 45 | €1,066 | - | -€1,066 | |
| Taxes | 450/3 | €1,066 | - | -€1,066 | |
| Other amounts payable | 47/48 | - | €66,000 | +€66,000 | |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Non-recurring operating income | 76A | - | €1,499 | +€1,499 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,272 | €2,806 | +€534 | +23.5% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €75,561 | -€20,355 | -€95,916 | |
| Operating profit (loss) | 9901 | €72,990 | -€23,160 | -€96,150 | |
| Financial income | 75/76B | €728 | - | -€728 | |
| Recurring financial income | 75 | €728 | - | -€728 | |
| Financial charges | 65/66B | €72 | €72 | = | 0.0% |
| Recurring financial charges | 65 | €72 | €72 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €73,646 | -€23,232 | -€96,878 | |
| Income taxes | 67/77 | €16,066 | - | -€16,066 | |
| Profit (loss) for the period | 9904 | €57,580 | -€23,232 | -€80,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,580 | -€23,232 | -€80,812 |
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 18 October 2026 via checked.be.