THD.erp.Consulting: 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.
THD.erp.Consulting
Largest movements
- Cash +€61,666
up €61,666 (+47.0%), from €131,300 to €192,966
mainly Net result for the year (+€60,486) and Depreciation (+€5,635)
- Tangible fixed assets -€5,635
down €5,635 (-34.7%), from €16,222 to €10,586
- Receivables within one year +€2,530
up €2,530 (+13.1%), from €19,267 to €21,797
of which Trade receivables: +€1,508
- Reserves +€59,627
up €59,627 (+47.4%), from €125,720 to €185,348
- Gross operating margin -€3,190
down €3,190 (-3.4%), from €93,123 to €89,933
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 | €168,619 | €226,723 | +€58,103 | +34.5% |
| Fixed assets | 21/28 | €16,222 | €10,586 | -€5,635 | -34.7% |
| Tangible fixed assets | 22/27 | €16,222 | €10,586 | -€5,635 | -34.7% |
| Furniture and vehicles | 24 | €16,222 | €10,586 | -€5,635 | -34.7% |
| Current assets | 29/58 | €152,398 | €216,136 | +€63,739 | +41.8% |
| Amounts receivable within one year | 40/41 | €19,267 | €21,797 | +€2,530 | +13.1% |
| Trade receivables | 40 | €18,803 | €20,311 | +€1,508 | +8.0% |
| Other amounts receivable | 41 | €464 | €1,485 | +€1,022 | +220% |
| Cash at bank and in hand | 54/58 | €131,300 | €192,966 | +€61,666 | +47.0% |
| Deferred charges and accrued income | 490/1 | €1,830 | €1,374 | -€457 | -24.9% |
| Total equity and liabilities | 10/49 | €168,619 | €226,723 | +€58,103 | +34.5% |
| Equity | 10/15 | €128,720 | €188,348 | +€59,627 | +46.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €125,720 | €185,348 | +€59,627 | +47.4% |
| Distributable reserves | 133 | €125,720 | €185,348 | +€59,627 | +47.4% |
| Amounts payable | 17/49 | €39,899 | €38,375 | -€1,524 | -3.8% |
| Amounts payable within one year | 42/48 | €39,899 | €38,375 | -€1,524 | -3.8% |
| Trade debts | 44 | €1,541 | €1,480 | -€61 | -4.0% |
| Suppliers | 440/4 | €1,541 | €1,480 | -€61 | -4.0% |
| Taxes, remuneration and social security | 45 | €37,558 | €36,036 | -€1,522 | -4.1% |
| Taxes | 450/3 | €33,938 | €33,056 | -€882 | -2.6% |
| Remuneration and social security | 454/9 | €3,620 | €2,980 | -€640 | -17.7% |
| Other amounts payable | 47/48 | €800 | €859 | +€59 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,712 | €5,635 | -€77 | -1.3% |
| Other operating charges | 640/8 | €249 | €285 | +€37 | +14.7% |
| Gross operating margin | 9900 | €93,123 | €89,933 | -€3,190 | -3.4% |
| Operating profit (loss) | 9901 | €87,162 | €84,012 | -€3,150 | -3.6% |
| Financial income | 75/76B | €25 | €59 | +€34 | +138% |
| Recurring financial income | 75 | €25 | €59 | +€34 | +138% |
| Financial charges | 65/66B | €133 | €53 | -€80 | -60.4% |
| Recurring financial charges | 65 | €133 | €53 | -€80 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €87,054 | €84,018 | -€3,035 | -3.5% |
| Income taxes | 67/77 | €24,355 | €23,532 | -€823 | -3.4% |
| Profit (loss) for the period | 9904 | €62,699 | €60,486 | -€2,212 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,699 | €60,486 | -€2,212 | -3.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.