Thaye: 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.
Thaye
Largest movements
- Receivables within one year +€17,944
up €17,944 (+176.6%), from €10,161 to €28,105
of which Other amounts receivable: +€17,944
- Stocks and contracts +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Cash +€5,508
up €5,508 (+148.1%), from €3,718 to €9,226
mainly Net result for the year (+€13,275) and Accrued charges and deferred income (+€9,350)
- Tangible fixed assets -€4,705
down €4,705 (-38.5%), from €12,230 to €7,526
of which Furniture and vehicles: -€4,525
- Financial fixed assets -€1,007
down €1,007 (-28.7%), from €3,507 to €2,500
- Profit (loss) carried forward +€13,275
up €13,275 (+66.5%), from -€19,957 to -€6,682
- Accrued charges and deferred income +€9,350
new in 2024: €9,350
- Trade debts +€7,510
up €7,510 (+69.6%), from €10,793 to €18,304
- Other debts -€6,698
down €6,698 (-13.6%), from €49,238 to €42,541
- Tax, wage and social debts +€3,633
up €3,633 (+141.7%), from €2,563 to €6,196
of which Remuneration and social security: +€4,043
- Gross operating margin +€17,029
up €17,029 (+76.6%), from €22,245 to €39,274
- Staff costs +€16,164
new in 2024: €16,164
- Other operating charges -€4,954
down €4,954 (-67.1%), from €7,379 to €2,426
- Depreciation +€2,008
up €2,008 (+74.4%), from €2,697 to €4,705
- Financial charges -€1,027
down €1,027 (-28.6%), from €3,591 to €2,564
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,626 | €88,696 | +€27,071 | +43.9% |
| Fixed assets | 21/28 | €15,737 | €10,026 | -€5,712 | -36.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,230 | €7,526 | -€4,705 | -38.5% |
| Plant, machinery and equipment | 23 | €540 | €360 | -€180 | -33.3% |
| Furniture and vehicles | 24 | €11,690 | €7,166 | -€4,525 | -38.7% |
| Financial fixed assets | 28 | €3,507 | €2,500 | -€1,007 | -28.7% |
| Current assets | 29/58 | €45,889 | €78,671 | +€32,782 | +71.4% |
| Stocks and contracts in progress | 3 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Stocks | 30/36 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Amounts receivable within one year | 40/41 | €10,161 | €28,105 | +€17,944 | +176.6% |
| Trade receivables | 40 | €124 | €124 | = | 0.0% |
| Other amounts receivable | 41 | €10,037 | €27,981 | +€17,944 | +178.8% |
| Cash at bank and in hand | 54/58 | €3,718 | €9,226 | +€5,508 | +148.1% |
| Deferred charges and accrued income | 490/1 | €2,009 | €1,339 | -€669 | -33.3% |
| Total equity and liabilities | 10/49 | €61,626 | €88,696 | +€27,071 | +43.9% |
| Equity | 10/15 | -€969 | €12,307 | +€13,275 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €389 | €389 | = | 0.0% |
| Non-distributable reserves | 130/1 | €389 | €389 | = | 0.0% |
| Reserves not available under the articles | 1311 | €389 | €389 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,957 | -€6,682 | +€13,275 | +66.5% |
| Amounts payable | 17/49 | €62,594 | €76,390 | +€13,795 | +22.0% |
| Amounts payable within one year | 42/48 | €62,594 | €67,040 | +€4,445 | +7.1% |
| Trade debts | 44 | €10,793 | €18,304 | +€7,510 | +69.6% |
| Suppliers | 440/4 | €10,793 | €18,304 | +€7,510 | +69.6% |
| Taxes, remuneration and social security | 45 | €2,563 | €6,196 | +€3,633 | +141.7% |
| Taxes | 450/3 | €2,563 | €2,152 | -€411 | -16.0% |
| Remuneration and social security | 454/9 | - | €4,043 | +€4,043 | |
| Other amounts payable | 47/48 | €49,238 | €42,541 | -€6,698 | -13.6% |
| Accrued charges and deferred income | 492/3 | - | €9,350 | +€9,350 | |
| Remuneration, social security and pensions | 62 | - | €16,164 | +€16,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,697 | €4,705 | +€2,008 | +74.4% |
| Other operating charges | 640/8 | €7,379 | €2,426 | -€4,954 | -67.1% |
| Gross operating margin | 9900 | €22,245 | €39,274 | +€17,029 | +76.6% |
| Operating profit (loss) | 9901 | €12,168 | €15,979 | +€3,810 | +31.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €3,591 | €2,564 | -€1,027 | -28.6% |
| Recurring financial charges | 65 | €3,591 | €2,564 | -€1,027 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €8,578 | €13,415 | +€4,837 | +56.4% |
| Income taxes | 67/77 | €55 | €140 | +€85 | +154.7% |
| Profit (loss) for the period | 9904 | €8,523 | €13,275 | +€4,752 | +55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,523 | €13,275 | +€4,752 | +55.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.