THALLIUM: 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.
THALLIUM
Largest movements
- Cash +€36,341
up €36,341 (+32.3%), from €112,416 to €148,757
mainly Other debts (+€140,553) and Net result for the year (+€50,955)
- Receivables within one year +€12,324
up €12,324 (+79.1%), from €15,582 to €27,906
of which Trade receivables: +€6,652
- Deferred charges and accrued income +€1,939
new in 2025: €1,939
- Other debts +€140,553
up €140,553 (+2,468%), from €5,695 to €146,248
- Profit (loss) carried forward -€91,876
down €91,876 (-100%), from €91,876 to €0
- Gross operating margin +€29,493
up €29,493 (+77.0%), from €38,291 to €67,784
- Taxes +€7,203
up €7,203 (+101%), from €7,125 to €14,328
- Depreciation +€1,094
up €1,094 (+154%), from €712 to €1,806
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 | €132,139 | €182,036 | +€49,897 | +37.8% |
| Fixed assets | 21/28 | €4,141 | €3,434 | -€707 | -17.1% |
| Tangible fixed assets | 22/27 | €4,141 | €3,434 | -€707 | -17.1% |
| Plant, machinery and equipment | 23 | €1,311 | €773 | -€537 | -41.0% |
| Furniture and vehicles | 24 | €2,830 | €2,660 | -€170 | -6.0% |
| Current assets | 29/58 | €127,998 | €178,602 | +€50,604 | +39.5% |
| Amounts receivable within one year | 40/41 | €15,582 | €27,906 | +€12,324 | +79.1% |
| Trade receivables | 40 | €15,582 | €22,234 | +€6,652 | +42.7% |
| Other amounts receivable | 41 | - | €5,672 | +€5,672 | |
| Cash at bank and in hand | 54/58 | €112,416 | €148,757 | +€36,341 | +32.3% |
| Deferred charges and accrued income | 490/1 | - | €1,939 | +€1,939 | |
| Total equity and liabilities | 10/49 | €132,139 | €182,036 | +€49,897 | +37.8% |
| Equity | 10/15 | €112,336 | €20,460 | -€91,876 | -81.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,876 | €0 | -€91,876 | -100% |
| Amounts payable | 17/49 | €19,803 | €161,576 | +€141,773 | +716% |
| Amounts payable within one year | 42/48 | €19,803 | €161,576 | +€141,773 | +716% |
| Trade debts | 44 | €1,666 | €2,027 | +€361 | +21.7% |
| Suppliers | 440/4 | €1,666 | €2,027 | +€361 | +21.7% |
| Taxes, remuneration and social security | 45 | €12,442 | €13,301 | +€859 | +6.9% |
| Taxes | 450/3 | €12,442 | €13,301 | +€859 | +6.9% |
| Other amounts payable | 47/48 | €5,695 | €146,248 | +€140,553 | +2,468% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €1,806 | +€1,094 | +154% |
| Other operating charges | 640/8 | - | €572 | +€572 | |
| Gross operating margin | 9900 | €38,291 | €67,784 | +€29,493 | +77.0% |
| Operating profit (loss) | 9901 | €37,579 | €65,407 | +€27,827 | +74.0% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €242 | €124 | -€118 | -48.7% |
| Recurring financial charges | 65 | €242 | €124 | -€118 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €37,357 | €65,283 | +€27,926 | +74.8% |
| Income taxes | 67/77 | €7,125 | €14,328 | +€7,203 | +101% |
| Profit (loss) for the period | 9904 | €30,232 | €50,955 | +€20,723 | +68.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,232 | €50,955 | +€20,723 | +68.5% |
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 15 October 2026 via checked.be.