Themis Consult: 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 Consult
Largest movements
- Cash +€12,443
up €12,443 (+11.8%), from €105,640 to €118,083
mainly Other debts (+€137,935) and Net result for the year (+€19,239)
- Tangible fixed assets -€5,683
down €5,683 (-37.9%), from €14,986 to €9,303
of which Furniture and vehicles: -€5,064
- Receivables within one year -€2,618
down €2,618 (-44.4%), from €5,896 to €3,278
of which Trade receivables: -€3,510
- Other debts +€137,935
up €137,935 (+106406.3%), from €130 to €138,064
- Profit (loss) carried forward -€118,195
down €118,195 (-100.0%), from €118,195 to €0
- Tax, wage and social debts -€10,297
down €10,297 (-100.0%), from €10,297 to €0
of which Taxes: -€8,397
- Current portion of long-term debt -€6,390
down €6,390 (-100.0%), from €6,390 to €0
- Gross operating margin -€31,405
down €31,405 (-50.5%), from €62,160 to €30,756
- Taxes -€6,126
down €6,126 (-50.9%), from €12,034 to €5,908
- Financial income +€669
up €669 (+68.5%), from €978 to €1,647
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.
Cash bridge derived
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 | €138,831 | €141,645 | +€2,814 | +2.0% |
| Fixed assets | 21/28 | €14,986 | €9,303 | -€5,683 | -37.9% |
| Tangible fixed assets | 22/27 | €14,986 | €9,303 | -€5,683 | -37.9% |
| Plant, machinery and equipment | 23 | €222 | €0 | -€222 | -100.0% |
| Furniture and vehicles | 24 | €11,489 | €6,425 | -€5,064 | -44.1% |
| Other tangible fixed assets | 26 | €3,275 | €2,878 | -€397 | -12.1% |
| Current assets | 29/58 | €123,846 | €132,342 | +€8,497 | +6.9% |
| Stocks and contracts in progress | 3 | €1,294 | €0 | -€1,294 | -100.0% |
| Stocks | 30/36 | €1,294 | €0 | -€1,294 | -100.0% |
| Amounts receivable within one year | 40/41 | €5,896 | €3,278 | -€2,618 | -44.4% |
| Trade receivables | 40 | €3,644 | €133 | -€3,510 | -96.3% |
| Other amounts receivable | 41 | €2,253 | €3,145 | +€892 | +39.6% |
| Current investments | 50/53 | €9,829 | €9,829 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €105,640 | €118,083 | +€12,443 | +11.8% |
| Deferred charges and accrued income | 490/1 | €1,187 | €1,152 | -€35 | -2.9% |
| Total equity and liabilities | 10/49 | €138,831 | €141,645 | +€2,814 | +2.0% |
| Equity | 10/15 | €120,695 | €2,500 | -€118,195 | -97.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,195 | €0 | -€118,195 | -100.0% |
| Amounts payable | 17/49 | €18,136 | €139,145 | +€121,009 | +667.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,136 | €139,145 | +€121,009 | +667.2% |
| Current portion of amounts payable after more than one year | 42 | €6,390 | €0 | -€6,390 | -100.0% |
| Trade debts | 44 | €1,319 | €919 | -€400 | -30.3% |
| Suppliers | 440/4 | €1,319 | €919 | -€400 | -30.3% |
| Advances received on contracts in progress | 46 | - | €161 | +€161 | |
| Taxes, remuneration and social security | 45 | €10,297 | €0 | -€10,297 | -100.0% |
| Taxes | 450/3 | €8,397 | €0 | -€8,397 | -100.0% |
| Remuneration and social security | 454/9 | €1,900 | €0 | -€1,900 | -100.0% |
| Other amounts payable | 47/48 | €130 | €138,064 | +€137,935 | +106406.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,806 | €5,683 | -€123 | -2.1% |
| Other operating charges | 640/8 | €966 | €1,422 | +€456 | +47.2% |
| Gross operating margin | 9900 | €62,160 | €30,756 | -€31,405 | -50.5% |
| Operating profit (loss) | 9901 | €55,388 | €23,651 | -€31,737 | -57.3% |
| Financial income | 75/76B | €978 | €1,647 | +€669 | +68.5% |
| Recurring financial income | 75 | €978 | €1,647 | +€669 | +68.5% |
| Financial charges | 65/66B | €221 | €151 | -€69 | -31.4% |
| Recurring financial charges | 65 | €221 | €151 | -€69 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €56,145 | €25,146 | -€30,999 | -55.2% |
| Income taxes | 67/77 | €12,034 | €5,908 | -€6,126 | -50.9% |
| Profit (loss) for the period | 9904 | €44,111 | €19,239 | -€24,872 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,111 | €19,239 | -€24,872 | -56.4% |
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 11 October 2026 via checked.be.