THALIX: 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.
THALIX
Largest movements
- Tangible fixed assets +€13,685
up €13,685 (+6.5%), from €211,324 to €225,009
of which Land and buildings: +€7,600
- Cash -€13,437
down €13,437 (-74.3%), from €18,085 to €4,648
mainly Investment in fixed assets (net) (-€13,511) and Net result for the year (-€12,247)
- Deferred charges and accrued income +€4,684
up €4,684 (+262.9%), from €1,782 to €6,466
- Other debts +€14,545
up €14,545 (+6.4%), from €225,874 to €240,419
- Profit (loss) carried forward -€12,247
down €12,247 (-16.0%), from -€76,593 to -€88,841
- Gross operating margin -€22,051
down €22,051, from €14,072 to -€7,979
- Depreciation -€3,781
down €3,781 (-77.8%), from €4,858 to €1,077
- Other operating charges +€344
up €344 (+14.4%), from €2,390 to €2,734
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 | €246,873 | €249,034 | +€2,162 | +0.9% |
| Fixed assets | 21/28 | €212,574 | €225,009 | +€12,435 | +5.8% |
| Tangible fixed assets | 22/27 | €211,324 | €225,009 | +€13,685 | +6.5% |
| Land and buildings | 22 | €207,240 | €214,840 | +€7,600 | +3.7% |
| Plant, machinery and equipment | 23 | €884 | €3,307 | +€2,423 | +274.0% |
| Furniture and vehicles | 24 | €0 | €3,662 | +€3,662 | |
| Other tangible fixed assets | 26 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €1,250 | €0 | -€1,250 | -100.0% |
| Current assets | 29/58 | €34,298 | €24,025 | -€10,273 | -30.0% |
| Stocks and contracts in progress | 3 | €11,238 | €11,238 | = | 0.0% |
| Stocks | 30/36 | €11,238 | €11,238 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,193 | €1,673 | -€1,520 | -47.6% |
| Trade receivables | 40 | €1,884 | €384 | -€1,500 | -79.6% |
| Other amounts receivable | 41 | €1,309 | €1,289 | -€20 | -1.5% |
| Cash at bank and in hand | 54/58 | €18,085 | €4,648 | -€13,437 | -74.3% |
| Deferred charges and accrued income | 490/1 | €1,782 | €6,466 | +€4,684 | +262.9% |
| Total equity and liabilities | 10/49 | €246,873 | €249,034 | +€2,162 | +0.9% |
| Equity | 10/15 | €17,265 | €5,017 | -€12,247 | -70.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €3,858 | €3,858 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,858 | €3,858 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,593 | -€88,841 | -€12,247 | -16.0% |
| Amounts payable | 17/49 | €229,608 | €244,017 | +€14,409 | +6.3% |
| Amounts payable within one year | 42/48 | €229,608 | €244,017 | +€14,409 | +6.3% |
| Trade debts | 44 | €2,735 | €2,626 | -€109 | -4.0% |
| Suppliers | 440/4 | €2,735 | €2,626 | -€109 | -4.0% |
| Taxes, remuneration and social security | 45 | €999 | €972 | -€27 | -2.7% |
| Taxes | 450/3 | €999 | €972 | -€27 | -2.7% |
| Other amounts payable | 47/48 | €225,874 | €240,419 | +€14,545 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,858 | €1,077 | -€3,781 | -77.8% |
| Other operating charges | 640/8 | €2,390 | €2,734 | +€344 | +14.4% |
| Gross operating margin | 9900 | €14,072 | -€7,979 | -€22,051 | |
| Operating profit (loss) | 9901 | €6,824 | -€11,789 | -€18,613 | |
| Financial income | 75/76B | €11 | €72 | +€61 | +545.5% |
| Recurring financial income | 75 | €11 | €72 | +€61 | +545.5% |
| Financial charges | 65/66B | €170 | €192 | +€21 | +12.6% |
| Recurring financial charges | 65 | €170 | €192 | +€21 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €6,665 | -€11,909 | -€18,574 | |
| Income taxes | 67/77 | €338 | €338 | +€1 | +0.2% |
| Profit (loss) for the period | 9904 | €6,327 | -€12,247 | -€18,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,327 | -€12,247 | -€18,575 |
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 7 October 2026 via checked.be.