THANEI: 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.
THANEI
Largest movements
- Current investments +€25,392
up €25,392 (+31.3%), from €81,250 to €106,642
- Deferred charges and accrued income -€22,126
down €22,126 (-100.0%), from €22,126 to €0
- Cash -€10,433
down €10,433 (-5.6%), from €186,802 to €176,368
mainly Contributions, distributions and other (-€56,713) and Current investments (-€25,392)
- Reserves -€5,410
down €5,410 (-1.9%), from €282,669 to €277,259
- Gross operating margin -€14,272
down €14,272 (-16.5%), from €86,692 to €72,420
- Financial income +€5,171
up €5,171 (+736.5%), from €702 to €5,873
- Taxes -€2,291
down €2,291 (-9.6%), from €23,960 to €21,668
- Financial charges +€970
up €970 (+2228.7%), from €44 to €1,013
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 | €307,758 | €300,250 | -€7,508 | -2.4% |
| Fixed assets | 21/28 | €17,580 | €17,239 | -€341 | -1.9% |
| Tangible fixed assets | 22/27 | €17,580 | €17,239 | -€341 | -1.9% |
| Plant, machinery and equipment | 23 | €2,285 | €1,733 | -€552 | -24.2% |
| Furniture and vehicles | 24 | €11,795 | €12,006 | +€211 | +1.8% |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €290,178 | €283,011 | -€7,167 | -2.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €81,250 | €106,642 | +€25,392 | +31.3% |
| Cash at bank and in hand | 54/58 | €186,802 | €176,368 | -€10,433 | -5.6% |
| Deferred charges and accrued income | 490/1 | €22,126 | €0 | -€22,126 | -100.0% |
| Total equity and liabilities | 10/49 | €307,758 | €300,250 | -€7,508 | -2.4% |
| Equity | 10/15 | €295,069 | €289,659 | -€5,410 | -1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €282,669 | €277,259 | -€5,410 | -1.9% |
| Distributable reserves | 133 | €282,669 | €277,259 | -€5,410 | -1.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,689 | €10,591 | -€2,098 | -16.5% |
| Amounts payable within one year | 42/48 | €12,689 | €10,591 | -€2,098 | -16.5% |
| Trade debts | 44 | €71 | €853 | +€782 | +1093.6% |
| Suppliers | 440/4 | €71 | €853 | +€782 | +1093.6% |
| Taxes, remuneration and social security | 45 | €3,992 | €1,112 | -€2,879 | -72.1% |
| Taxes | 450/3 | €3,992 | €1,112 | -€2,879 | -72.1% |
| Other amounts payable | 47/48 | €8,625 | €8,625 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,569 | €3,860 | +€291 | +8.2% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Gross operating margin | 9900 | €86,692 | €72,420 | -€14,272 | -16.5% |
| Operating profit (loss) | 9901 | €82,736 | €68,111 | -€14,625 | -17.7% |
| Financial income | 75/76B | €702 | €5,873 | +€5,171 | +736.5% |
| Recurring financial income | 75 | €702 | €5,873 | +€5,171 | +736.5% |
| Financial charges | 65/66B | €44 | €1,013 | +€970 | +2228.7% |
| Recurring financial charges | 65 | €44 | €1,013 | +€970 | +2228.7% |
| Profit (loss) for the period before taxes | 9903 | €83,395 | €72,971 | -€10,423 | -12.5% |
| Income taxes | 67/77 | €23,960 | €21,668 | -€2,291 | -9.6% |
| Profit (loss) for the period | 9904 | €59,435 | €51,303 | -€8,132 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,435 | €51,303 | -€8,132 | -13.7% |
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 11 October 2026 via checked.be.