Thélios Benelux: what changed
What changed
Thélios Benelux
NACE 46.432, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€283,890
2024 · €243,139+€40,751
Equity
€437,066
2024 · €153,177+€283,890
Cash
-
not filed
Balance sheet total
€2.8m
2024 · €2.0m+€834,722
Largest movements
Assets
- Receivables within one year +€832,790
up €832,790 (+42.4%), from €2.0m to €2.8m
of which Other amounts receivable: +€962,642
Equity and liabilities
- Trade debts +€538,455
up €538,455 (+39.8%), from €1.4m to €1.9m
- Profit (loss) carried forward +€283,890
up €283,890 (+534%), from €53,177 to €337,066
- Provisions +€33,520
up €33,520 (+14.5%), from €230,543 to €264,063
Income statement
- Provisions -€133,736
down €133,736 (-80.0%), from €167,256 to €33,520
- Staff costs +€67,647
up €67,647 (+8.6%), from €784,839 to €852,486
- Write-downs +€67,129
up €67,129, from -€53,637 to €13,492
- Gross operating margin +€33,355
up €33,355 (+2.6%), from €1.3m to €1.3m
- Taxes +€16,369
up €16,369 (+14.1%), from €116,090 to €132,459
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.
Result 2024
€243,139
Gross operating margin
+€33,355
Staff costs
-€67,647
Write-downs
-€67,129
Provisions
+€133,736
Other operating charges
+€13,946
Financial income
+€12,688
Financial charges
-€1,830
Taxes
-€16,369
Result 2025
€283,890
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,971,494 | €2,806,215 | +€834,722 | +42.3% |
| Fixed assets | 21/28 | €195 | €195 | = | 0.0% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €1,971,299 | €2,806,020 | +€834,722 | +42.3% |
| Amounts receivable within one year | 40/41 | €1,963,064 | €2,795,854 | +€832,790 | +42.4% |
| Trade receivables | 40 | €692,316 | €562,463 | -€129,853 | -18.8% |
| Other amounts receivable | 41 | €1,270,748 | €2,233,391 | +€962,642 | +75.8% |
| Deferred charges and accrued income | 490/1 | €8,235 | €10,167 | +€1,932 | +23.5% |
| Total equity and liabilities | 10/49 | €1,971,494 | €2,806,215 | +€834,722 | +42.3% |
| Equity | 10/15 | €153,177 | €437,066 | +€283,890 | +185% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,177 | €337,066 | +€283,890 | +534% |
| Provisions and deferred taxes | 16 | €230,543 | €264,063 | +€33,520 | +14.5% |
| Provisions for liabilities and charges | 160/5 | €230,543 | €264,063 | +€33,520 | +14.5% |
| Other liabilities and charges | 164/5 | €230,543 | €264,063 | +€33,520 | +14.5% |
| Amounts payable | 17/49 | €1,587,774 | €2,105,086 | +€517,312 | +32.6% |
| Amounts payable within one year | 42/48 | €1,587,774 | €2,105,086 | +€517,312 | +32.6% |
| Trade debts | 44 | €1,353,678 | €1,892,133 | +€538,455 | +39.8% |
| Suppliers | 440/4 | €1,353,678 | €1,892,133 | +€538,455 | +39.8% |
| Taxes, remuneration and social security | 45 | €231,163 | €209,025 | -€22,138 | -9.6% |
| Taxes | 450/3 | €63,629 | €26,806 | -€36,824 | -57.9% |
| Remuneration and social security | 454/9 | €167,534 | €182,219 | +€14,685 | +8.8% |
| Other amounts payable | 47/48 | €2,933 | €3,928 | +€995 | +33.9% |
| Non-recurring operating income | 76A | €54 | - | -€54 | |
| Remuneration, social security and pensions | 62 | €784,839 | €852,486 | +€67,647 | +8.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€53,637 | €13,492 | +€67,129 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €167,256 | €33,520 | -€133,736 | -80.0% |
| Other operating charges | 640/8 | €16,275 | €2,329 | -€13,946 | -85.7% |
| Gross operating margin | 9900 | €1,260,644 | €1,293,999 | +€33,355 | +2.6% |
| Operating profit (loss) | 9901 | €345,911 | €392,172 | +€46,261 | +13.4% |
| Financial income | 75/76B | €23,743 | €36,431 | +€12,688 | +53.4% |
| Recurring financial income | 75 | €23,743 | €36,431 | +€12,688 | +53.4% |
| Financial charges | 65/66B | €10,425 | €12,255 | +€1,830 | +17.6% |
| Recurring financial charges | 65 | €10,425 | €12,255 | +€1,830 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €359,229 | €416,348 | +€57,119 | +15.9% |
| Income taxes | 67/77 | €116,090 | €132,459 | +€16,369 | +14.1% |
| Profit (loss) for the period | 9904 | €243,139 | €283,890 | +€40,751 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,139 | €283,890 | +€40,751 | +16.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.