THEIJBERS MANAGEMENT: what changed
THEIJBERS MANAGEMENT
Largest movements
- Current investments +€50,000
up €50,000 (+6.7%), from €750,000 to €800,000
- Tangible fixed assets -€35,701
down €35,701 (-21.2%), from €168,083 to €132,382
of which Furniture and vehicles: -€39,839
- Cash -€29,953
down €29,953 (-76.3%), from €39,270 to €9,317
mainly Current investments (-€50,000) and Net result for the year (-€34,805)
- Receivables within one year -€19,609
down €19,609 (-72.6%), from €27,021 to €7,412
- Reserves -€34,805
down €34,805 (-3.6%), from €963,262 to €928,456
- Financial income +€12,350
up €12,350 (+116%), from €10,610 to €22,960
- Gross operating margin +€7,284
up €7,284 (+46.3%), from -€15,740 to -€8,455
- Depreciation +€1,598
up €1,598 (+3.5%), from €45,753 to €47,351
- Other operating charges +€602
up €602 (+74.2%), from €811 to €1,413
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €984,374 | €949,920 | -€34,453 | -3.5% |
| Fixed assets | 21/28 | €168,083 | €132,382 | -€35,701 | -21.2% |
| Tangible fixed assets | 22/27 | €168,083 | €132,382 | -€35,701 | -21.2% |
| Land and buildings | 22 | €46,871 | €51,097 | +€4,226 | +9.0% |
| Plant, machinery and equipment | 23 | €88 | - | -€88 | |
| Furniture and vehicles | 24 | €121,124 | €81,285 | -€39,839 | -32.9% |
| Current assets | 29/58 | €816,291 | €817,539 | +€1,248 | +0.2% |
| Amounts receivable within one year | 40/41 | €27,021 | €7,412 | -€19,609 | -72.6% |
| Other amounts receivable | 41 | €27,021 | €7,412 | -€19,609 | -72.6% |
| Current investments | 50/53 | €750,000 | €800,000 | +€50,000 | +6.7% |
| Cash at bank and in hand | 54/58 | €39,270 | €9,317 | -€29,953 | -76.3% |
| Deferred charges and accrued income | 490/1 | - | €810 | +€810 | |
| Total equity and liabilities | 10/49 | €984,374 | €949,920 | -€34,453 | -3.5% |
| Equity | 10/15 | €981,812 | €947,006 | -€34,805 | -3.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €963,262 | €928,456 | -€34,805 | -3.6% |
| Distributable reserves | 133 | €963,262 | €928,456 | -€34,805 | -3.6% |
| Amounts payable | 17/49 | €2,562 | €2,914 | +€352 | +13.7% |
| Amounts payable within one year | 42/48 | €2,562 | €2,914 | +€352 | +13.7% |
| Trade debts | 44 | €1,725 | €1,906 | +€181 | +10.5% |
| Suppliers | 440/4 | €1,725 | €1,906 | +€181 | +10.5% |
| Taxes, remuneration and social security | 45 | €837 | €1,008 | +€171 | +20.4% |
| Taxes | 450/3 | €837 | €1,008 | +€171 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,753 | €47,351 | +€1,598 | +3.5% |
| Other operating charges | 640/8 | €811 | €1,413 | +€602 | +74.2% |
| Gross operating margin | 9900 | -€15,740 | -€8,455 | +€7,284 | +46.3% |
| Operating profit (loss) | 9901 | -€62,304 | -€57,219 | +€5,085 | +8.2% |
| Financial income | 75/76B | €10,610 | €22,960 | +€12,350 | +116% |
| Recurring financial income | 75 | €10,610 | €22,960 | +€12,350 | +116% |
| Financial charges | 65/66B | €318 | €328 | +€9 | +2.9% |
| Recurring financial charges | 65 | €318 | €328 | +€9 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€52,012 | -€34,587 | +€17,425 | +33.5% |
| Income taxes | 67/77 | €208 | €219 | +€10 | +5.0% |
| Profit (loss) for the period | 9904 | -€52,220 | -€34,805 | +€17,415 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,220 | -€34,805 | +€17,415 | +33.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.