Themi 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.
Themi Consulting
Largest movements
- Receivables within one year +€47,939
up €47,939 (+7,538%), from €636 to €48,575
of which Trade receivables: +€48,575
- Current investments +€30,000
up €30,000 (+75.0%), from €40,000 to €70,000
- Cash -€15,486
down €15,486 (-22.3%), from €69,350 to €53,864
mainly Receivables within one year (-€47,939) and Current investments (-€30,000)
- Tangible fixed assets +€1,981
up €1,981 (+1,446%), from €137 to €2,118
of which Furniture and vehicles: +€2,118
- Deferred charges and accrued income +€1,864
up €1,864 (+82.7%), from €2,253 to €4,117
- Advances received +€40,180
new in 2025: €40,180
- Profit (loss) carried forward +€12,610
up €12,610 (+11.5%), from €109,429 to €122,039
- Trade debts +€10,479
up €10,479 (+359%), from €2,918 to €13,397
- Tax, wage and social debts +€2,061
up €2,061 (+402%), from €513 to €2,574
- Taxes +€2,657
up €2,657 (+73.0%), from €3,640 to €6,297
- Gross operating margin +€2,323
up €2,323 (+14.0%), from €16,645 to €18,968
- Financial income -€1,349
down €1,349 (-54.5%), from €2,477 to €1,128
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 | €112,861 | €178,951 | +€66,090 | +58.6% |
| Formation expenses | 20 | €485 | €277 | -€208 | -42.9% |
| Fixed assets | 21/28 | €137 | €2,118 | +€1,981 | +1,446% |
| Tangible fixed assets | 22/27 | €137 | €2,118 | +€1,981 | +1,446% |
| Plant, machinery and equipment | 23 | €137 | - | -€137 | |
| Furniture and vehicles | 24 | - | €2,118 | +€2,118 | |
| Current assets | 29/58 | €112,239 | €176,556 | +€64,317 | +57.3% |
| Amounts receivable within one year | 40/41 | €636 | €48,575 | +€47,939 | +7,538% |
| Trade receivables | 40 | - | €48,575 | +€48,575 | |
| Other amounts receivable | 41 | €636 | - | -€636 | |
| Current investments | 50/53 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Cash at bank and in hand | 54/58 | €69,350 | €53,864 | -€15,486 | -22.3% |
| Deferred charges and accrued income | 490/1 | €2,253 | €4,117 | +€1,864 | +82.7% |
| Total equity and liabilities | 10/49 | €112,861 | €178,951 | +€66,090 | +58.6% |
| Equity | 10/15 | €109,430 | €122,040 | +€12,610 | +11.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,429 | €122,039 | +€12,610 | +11.5% |
| Amounts payable | 17/49 | €3,431 | €56,911 | +€53,480 | +1,559% |
| Amounts payable within one year | 42/48 | €3,431 | €56,911 | +€53,480 | +1,559% |
| Trade debts | 44 | €2,918 | €13,397 | +€10,479 | +359% |
| Suppliers | 440/4 | €2,918 | €13,397 | +€10,479 | +359% |
| Advances received on contracts in progress | 46 | - | €40,180 | +€40,180 | |
| Taxes, remuneration and social security | 45 | €513 | €2,574 | +€2,061 | +402% |
| Taxes | 450/3 | €513 | €2,574 | +€2,061 | +402% |
| Other amounts payable | 47/48 | - | €760 | +€760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €457 | -€136 | -22.9% |
| Other operating charges | 640/8 | €528 | €607 | +€79 | +15.0% |
| Gross operating margin | 9900 | €16,645 | €18,968 | +€2,323 | +14.0% |
| Operating profit (loss) | 9901 | €15,524 | €17,904 | +€2,380 | +15.3% |
| Financial income | 75/76B | €2,477 | €1,128 | -€1,349 | -54.5% |
| Recurring financial income | 75 | €2,477 | €1,128 | -€1,349 | -54.5% |
| Financial charges | 65/66B | €263 | €125 | -€138 | -52.5% |
| Recurring financial charges | 65 | €263 | €125 | -€138 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | €17,738 | €18,907 | +€1,169 | +6.6% |
| Income taxes | 67/77 | €3,640 | €6,297 | +€2,657 | +73.0% |
| Profit (loss) for the period | 9904 | €14,098 | €12,610 | -€1,488 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,098 | €12,610 | -€1,488 | -10.6% |
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 16 October 2026 via checked.be.