THEOLECHAT: what changed
Two fiscal 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.
THEOLECHAT
Largest movements
- Cash +€30,710
up €30,710 (+165.1%), from €18,606 to €49,316
mainly Net result for the year (+€26,192) and Tax, wage and social debts (+€6,233)
- Deferred charges and accrued income +€2,394
new in 2025: €2,394
- Formation expenses -€846
down €846 (-100.0%), from €846 to €0
- Reserves +€26,192
up €26,192 (+228.5%), from €11,465 to €37,658
- Tax, wage and social debts +€6,233
up €6,233 (+153.4%), from €4,064 to €10,297
- Gross operating margin +€18,356
up €18,356 (+116.2%), from €15,799 to €34,155
- Taxes +€4,132
up €4,132 (+144.2%), from €2,866 to €6,999
- Depreciation -€446
down €446 (-34.5%), from €1,292 to €846
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 | €19,585 | €51,843 | +€32,258 | +164.7% |
| Formation expenses | 20 | €846 | €0 | -€846 | -100.0% |
| Current assets | 29/58 | €18,740 | €51,843 | +€33,104 | +176.6% |
| Amounts receivable within one year | 40/41 | €134 | €134 | = | 0.0% |
| Other amounts receivable | 41 | €134 | €134 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,606 | €49,316 | +€30,710 | +165.1% |
| Deferred charges and accrued income | 490/1 | - | €2,394 | +€2,394 | |
| Total equity and liabilities | 10/49 | €19,585 | €51,843 | +€32,258 | +164.7% |
| Equity | 10/15 | €14,465 | €40,658 | +€26,192 | +181.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,465 | €37,658 | +€26,192 | +228.5% |
| Distributable reserves | 133 | €11,465 | €37,658 | +€26,192 | +228.5% |
| Amounts payable | 17/49 | €5,120 | €11,186 | +€6,066 | +118.5% |
| Amounts payable within one year | 42/48 | €5,120 | €11,186 | +€6,066 | +118.5% |
| Trade debts | 44 | €247 | €395 | +€148 | +59.8% |
| Suppliers | 440/4 | €247 | €395 | +€148 | +59.8% |
| Taxes, remuneration and social security | 45 | €4,064 | €10,297 | +€6,233 | +153.4% |
| Taxes | 450/3 | €4,064 | €10,297 | +€6,233 | +153.4% |
| Other amounts payable | 47/48 | €809 | €494 | -€315 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €846 | -€446 | -34.5% |
| Other operating charges | 640/8 | €176 | €128 | -€48 | -27.3% |
| Gross operating margin | 9900 | €15,799 | €34,155 | +€18,356 | +116.2% |
| Operating profit (loss) | 9901 | €14,332 | €33,182 | +€18,850 | +131.5% |
| Financial income | 75/76B | - | €93 | +€93 | |
| Recurring financial income | 75 | - | €93 | +€93 | |
| Financial charges | 65/66B | - | €83 | +€83 | |
| Recurring financial charges | 65 | - | €83 | +€83 | |
| Profit (loss) for the period before taxes | 9903 | €14,332 | €33,191 | +€18,859 | +131.6% |
| Income taxes | 67/77 | €2,866 | €6,999 | +€4,132 | +144.2% |
| Profit (loss) for the period | 9904 | €11,465 | €26,192 | +€14,727 | +128.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,465 | €26,192 | +€14,727 | +128.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.