THEIS IMMO SA: 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.
THEIS IMMO SA
Largest movements
- Cash -€24,930
down €24,930 (-11.6%), from €215,023 to €190,093
mainly Other debts (-€32,000) and Debts after one year (-€3,500)
- Other debts -€32,000
down €32,000 (-24.1%), from €132,761 to €100,761
- Profit (loss) carried forward +€8,083
up €8,083 (+16.3%), from €49,714 to €57,797
- Gross operating margin -€110,161
down €110,161 (-88.0%), from €125,164 to €15,003
- Other operating charges -€1,919
down €1,919 (-49.2%), from €3,904 to €1,984
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 | €385,392 | €358,281 | -€27,111 | -7.0% |
| Fixed assets | 21/28 | €170,068 | €167,886 | -€2,182 | -1.3% |
| Tangible fixed assets | 22/27 | €170,068 | €167,886 | -€2,182 | -1.3% |
| Land and buildings | 22 | €170,068 | €167,886 | -€2,182 | -1.3% |
| Current assets | 29/58 | €215,324 | €190,395 | -€24,930 | -11.6% |
| Amounts receivable within one year | 40/41 | €301 | €301 | = | 0.0% |
| Other amounts receivable | 41 | €301 | €301 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €215,023 | €190,093 | -€24,930 | -11.6% |
| Total equity and liabilities | 10/49 | €385,392 | €358,281 | -€27,111 | -7.0% |
| Equity | 10/15 | €217,087 | €225,169 | +€8,083 | +3.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €92,372 | €92,372 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €84,872 | €84,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,714 | €57,797 | +€8,083 | +16.3% |
| Provisions and deferred taxes | 16 | €28,291 | €28,291 | = | 0.0% |
| Deferred taxes | 168 | €28,291 | €28,291 | = | 0.0% |
| Amounts payable | 17/49 | €140,014 | €104,821 | -€35,194 | -25.1% |
| Amounts payable after more than one year | 17 | €3,500 | - | -€3,500 | |
| Other amounts payable | 178/9 | €3,500 | - | -€3,500 | |
| Amounts payable within one year | 42/48 | €136,514 | €104,821 | -€31,694 | -23.2% |
| Trade debts | 44 | €2,299 | €1,366 | -€933 | -40.6% |
| Suppliers | 440/4 | €2,299 | €1,366 | -€933 | -40.6% |
| Taxes, remuneration and social security | 45 | €1,455 | €2,694 | +€1,239 | +85.2% |
| Taxes | 450/3 | €1,455 | €2,694 | +€1,239 | +85.2% |
| Other amounts payable | 47/48 | €132,761 | €100,761 | -€32,000 | -24.1% |
| Non-recurring operating income | 76A | €113,163 | - | -€113,163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,182 | €2,182 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,904 | €1,984 | -€1,919 | -49.2% |
| Gross operating margin | 9900 | €125,164 | €15,003 | -€110,161 | -88.0% |
| Operating profit (loss) | 9901 | €119,079 | €10,837 | -€108,242 | -90.9% |
| Financial charges | 65/66B | €576 | €60 | -€516 | -89.6% |
| Recurring financial charges | 65 | €576 | €60 | -€516 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €118,503 | €10,777 | -€107,726 | -90.9% |
| Transfer to deferred taxes | 680 | €28,291 | - | -€28,291 | |
| Income taxes | 67/77 | €1,455 | €2,694 | +€1,239 | +85.1% |
| Profit (loss) for the period | 9904 | €88,757 | €8,083 | -€80,674 | -90.9% |
| Transfer to tax-exempt reserves | 689 | €84,872 | - | -€84,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,885 | €8,083 | +€4,198 | +108% |
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 20 October 2026 via checked.be.