Thaumas Management: 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.
Thaumas Management
Largest movements
- Receivables within one year +€19,051
up €19,051 (+33.3%), from €57,219 to €76,270
- Reserves +€14,677
up €14,677 (+41.3%), from €35,548 to €50,225
- Current portion of long-term debt +€8,920
new in 2025: €8,920
- Tax, wage and social debts -€5,027
down €5,027 (-55.2%), from €9,103 to €4,076
- Gross operating margin -€27,709
down €27,709 (-65.6%), from €42,236 to €14,527
- Taxes -€5,027
down €5,027 (-55.2%), from €9,103 to €4,076
- Financial income +€3,149
up €3,149 (+123%), from €2,557 to €5,707
- Financial charges +€851
up €851 (+600%), from €142 to €993
- Other operating charges +€488
new in 2025: €488
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 | €57,322 | €76,386 | +€19,064 | +33.3% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €57,222 | €76,286 | +€19,064 | +33.3% |
| Amounts receivable within one year | 40/41 | €57,219 | €76,270 | +€19,051 | +33.3% |
| Other amounts receivable | 41 | €57,219 | €76,270 | +€19,051 | +33.3% |
| Cash at bank and in hand | 54/58 | €3 | €16 | +€13 | +407% |
| Total equity and liabilities | 10/49 | €57,322 | €76,386 | +€19,064 | +33.3% |
| Equity | 10/15 | €36,948 | €51,625 | +€14,677 | +39.7% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €35,548 | €50,225 | +€14,677 | +41.3% |
| Distributable reserves | 133 | €35,548 | €50,225 | +€14,677 | +41.3% |
| Amounts payable | 17/49 | €20,374 | €24,761 | +€4,387 | +21.5% |
| Amounts payable within one year | 42/48 | €20,374 | €24,761 | +€4,387 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,920 | +€8,920 | |
| Trade debts | 44 | €11,271 | €11,765 | +€494 | +4.4% |
| Suppliers | 440/4 | €11,271 | €11,765 | +€494 | +4.4% |
| Taxes, remuneration and social security | 45 | €9,103 | €4,076 | -€5,027 | -55.2% |
| Taxes | 450/3 | €9,103 | €4,076 | -€5,027 | -55.2% |
| Other operating charges | 640/8 | - | €488 | +€488 | |
| Gross operating margin | 9900 | €42,236 | €14,527 | -€27,709 | -65.6% |
| Operating profit (loss) | 9901 | €42,236 | €14,039 | -€28,197 | -66.8% |
| Financial income | 75/76B | €2,557 | €5,707 | +€3,149 | +123% |
| Recurring financial income | 75 | €2,557 | €5,707 | +€3,149 | +123% |
| Financial charges | 65/66B | €142 | €993 | +€851 | +600% |
| Recurring financial charges | 65 | €142 | €993 | +€851 | +600% |
| Profit (loss) for the period before taxes | 9903 | €44,651 | €18,753 | -€25,899 | -58.0% |
| Income taxes | 67/77 | €9,103 | €4,076 | -€5,027 | -55.2% |
| Profit (loss) for the period | 9904 | €35,548 | €14,677 | -€20,872 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,548 | €14,677 | -€20,872 | -58.7% |
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 26 October 2026 via checked.be.