THALNA IMMO: 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.
THALNA IMMO
Largest movements
- Tangible fixed assets -€30,906
down €30,906 (-5.8%), from €532,239 to €501,333
of which Land and buildings: -€29,847
- Debts after one year -€31,269
down €31,269 (-6.3%), from €497,241 to €465,971
- Financial charges +€550
up €550 (+8.5%), from €6,482 to €7,033
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 | €533,782 | €502,382 | -€31,399 | -5.9% |
| Fixed assets | 21/28 | €532,239 | €501,333 | -€30,906 | -5.8% |
| Tangible fixed assets | 22/27 | €532,239 | €501,333 | -€30,906 | -5.8% |
| Land and buildings | 22 | €529,108 | €499,261 | -€29,847 | -5.6% |
| Other tangible fixed assets | 26 | €3,131 | €2,072 | -€1,059 | -33.8% |
| Current assets | 29/58 | €1,542 | €1,049 | -€493 | -32.0% |
| Cash at bank and in hand | 54/58 | €1,542 | €1,049 | -€493 | -32.0% |
| Total equity and liabilities | 10/49 | €533,782 | €502,382 | -€31,399 | -5.9% |
| Equity | 10/15 | -€14,003 | -€11,412 | +€2,591 | +18.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,003 | -€14,412 | +€2,591 | +15.2% |
| Amounts payable | 17/49 | €547,785 | €513,794 | -€33,990 | -6.2% |
| Amounts payable after more than one year | 17 | €497,241 | €465,971 | -€31,269 | -6.3% |
| Financial debts | 170/4 | €497,241 | €465,971 | -€31,269 | -6.3% |
| Amounts payable within one year | 42/48 | €50,544 | €47,681 | -€2,863 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €30,532 | €31,069 | +€537 | +1.8% |
| Trade debts | 44 | €1,185 | €675 | -€510 | -43.1% |
| Suppliers | 440/4 | €1,185 | €675 | -€510 | -43.1% |
| Other amounts payable | 47/48 | €18,827 | €15,937 | -€2,890 | -15.3% |
| Accrued charges and deferred income | 492/3 | - | €142 | +€142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,906 | €30,906 | = | 0.0% |
| Other operating charges | 640/8 | €2,682 | €2,765 | +€83 | +3.1% |
| Gross operating margin | 9900 | €43,311 | €43,295 | -€17 | 0.0% |
| Operating profit (loss) | 9901 | €9,723 | €9,624 | -€100 | -1.0% |
| Financial charges | 65/66B | €6,482 | €7,033 | +€550 | +8.5% |
| Recurring financial charges | 65 | €6,482 | €7,033 | +€550 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €3,241 | €2,591 | -€650 | -20.1% |
| Profit (loss) for the period | 9904 | €3,241 | €2,591 | -€650 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,241 | €2,591 | -€650 | -20.1% |
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 19 October 2026 via checked.be.