THEMIS-CONSEILS: 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.
THEMIS-CONSEILS
Largest movements
- Cash -€92,463
down €92,463 (-67.5%), from €137,080 to €44,617
mainly Contributions, distributions and other (-€452,824) and Receivables within one year (-€44,909)
- Receivables within one year +€44,909
up €44,909 (+24.3%), from €185,017 to €229,926
of which Trade receivables: +€81,000
- Tangible fixed assets -€12,400
down €12,400 (-54.3%), from €22,821 to €10,420
- Profit (loss) carried forward -€245,769
down €245,769 (-96.1%), from €255,614 to €9,845
- Other debts +€162,066
up €162,066 (+630%), from €25,715 to €187,781
- Tax, wage and social debts +€26,326
up €26,326 (+54.7%), from €48,149 to €74,475
of which Taxes: +€26,100
- Current portion of long-term debt -€8,529
down €8,529 (-63.0%), from €13,529 to €5,000
- Gross operating margin -€30,391
down €30,391 (-7.9%), from €385,333 to €354,942
- Taxes -€8,621
down €8,621 (-10.8%), from €79,738 to €71,117
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 | €349,175 | €285,344 | -€63,830 | -18.3% |
| Fixed assets | 21/28 | €22,864 | €10,464 | -€12,400 | -54.2% |
| Tangible fixed assets | 22/27 | €22,821 | €10,420 | -€12,400 | -54.3% |
| Furniture and vehicles | 24 | €22,821 | €10,420 | -€12,400 | -54.3% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €326,311 | €274,881 | -€51,430 | -15.8% |
| Amounts receivable within one year | 40/41 | €185,017 | €229,926 | +€44,909 | +24.3% |
| Trade receivables | 40 | €0 | €81,000 | +€81,000 | |
| Other amounts receivable | 41 | €185,017 | €148,926 | -€36,091 | -19.5% |
| Current investments | 50/53 | €2,438 | €0 | -€2,438 | -100% |
| Cash at bank and in hand | 54/58 | €137,080 | €44,617 | -€92,463 | -67.5% |
| Deferred charges and accrued income | 490/1 | €1,776 | €338 | -€1,438 | -81.0% |
| Total equity and liabilities | 10/49 | €349,175 | €285,344 | -€63,830 | -18.3% |
| Equity | 10/15 | €260,614 | €14,845 | -€245,769 | -94.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,614 | €9,845 | -€245,769 | -96.1% |
| Amounts payable | 17/49 | €88,561 | €270,499 | +€181,938 | +205% |
| Amounts payable within one year | 42/48 | €88,561 | €270,499 | +€181,938 | +205% |
| Current portion of amounts payable after more than one year | 42 | €13,529 | €5,000 | -€8,529 | -63.0% |
| Trade debts | 44 | €1,169 | €3,244 | +€2,075 | +178% |
| Suppliers | 440/4 | €1,169 | €3,244 | +€2,075 | +178% |
| Taxes, remuneration and social security | 45 | €48,149 | €74,475 | +€26,326 | +54.7% |
| Taxes | 450/3 | €41,824 | €67,924 | +€26,100 | +62.4% |
| Remuneration and social security | 454/9 | €6,325 | €6,551 | +€226 | +3.6% |
| Other amounts payable | 47/48 | €25,715 | €187,781 | +€162,066 | +630% |
| Remuneration, social security and pensions | 62 | €59,669 | €60,415 | +€745 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,715 | €12,400 | -€315 | -2.5% |
| Other operating charges | 640/8 | €901 | €808 | -€93 | -10.3% |
| Gross operating margin | 9900 | €385,333 | €354,942 | -€30,391 | -7.9% |
| Operating profit (loss) | 9901 | €312,047 | €281,319 | -€30,729 | -9.8% |
| Financial income | 75/76B | €0 | €13 | +€13 | +131,500% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +131,500% |
| Financial charges | 65/66B | €1,321 | €3,160 | +€1,839 | +139% |
| Recurring financial charges | 65 | €1,321 | €3,160 | +€1,839 | +139% |
| Profit (loss) for the period before taxes | 9903 | €310,726 | €278,172 | -€32,554 | -10.5% |
| Income taxes | 67/77 | €79,738 | €71,117 | -€8,621 | -10.8% |
| Profit (loss) for the period | 9904 | €230,988 | €207,055 | -€23,933 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €230,988 | €207,055 | -€23,933 | -10.4% |
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 15 October 2026 via checked.be.