THERESIENNE 6: 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.
THERESIENNE 6
Largest movements
- Tangible fixed assets -€83,457
down €83,457 (-6.7%), from €1.3m to €1.2m
- Short-term financial debts -€290,360
down €290,360 (-36.7%), from €790,360 to €500,000
- Debts after one year +€290,000
up €290,000 (+45.3%), from €640,000 to €930,000
- Profit (loss) carried forward -€87,249
down €87,249 (-15.1%), from -€577,688 to -€664,938
- Gross operating margin +€23,464
up €23,464 (+129%), from €18,150 to €41,614
- Financial charges -€14,316
down €14,316 (-25.6%), from €55,893 to €41,577
- Depreciation +€4,075
up €4,075 (+5.1%), from €79,383 to €83,457
- Other operating charges +€816
up €816 (+27.1%), from €3,014 to €3,830
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 | €1,255,487 | €1,180,197 | -€75,290 | -6.0% |
| Fixed assets | 21/28 | €1,252,255 | €1,168,798 | -€83,457 | -6.7% |
| Tangible fixed assets | 22/27 | €1,252,255 | €1,168,798 | -€83,457 | -6.7% |
| Land and buildings | 22 | €1,252,255 | €1,168,798 | -€83,457 | -6.7% |
| Current assets | 29/58 | €3,232 | €11,400 | +€8,168 | +253% |
| Cash at bank and in hand | 54/58 | €3,232 | €10,726 | +€7,494 | +232% |
| Deferred charges and accrued income | 490/1 | - | €674 | +€674 | |
| Total equity and liabilities | 10/49 | €1,255,487 | €1,180,197 | -€75,290 | -6.0% |
| Equity | 10/15 | -€425,570 | -€512,820 | -€87,249 | -20.5% |
| Contributions | 10/11 | €152,118 | €152,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€577,688 | -€664,938 | -€87,249 | -15.1% |
| Amounts payable | 17/49 | €1,681,057 | €1,693,017 | +€11,960 | +0.7% |
| Amounts payable after more than one year | 17 | €640,000 | €930,000 | +€290,000 | +45.3% |
| Other amounts payable | 178/9 | €640,000 | €930,000 | +€290,000 | +45.3% |
| Amounts payable within one year | 42/48 | €1,041,057 | €763,017 | -€278,040 | -26.7% |
| Financial debts | 43 | €790,360 | €500,000 | -€290,360 | -36.7% |
| Credit institutions | 430/8 | €790,360 | €500,000 | -€290,360 | -36.7% |
| Trade debts | 44 | €195 | €164 | -€31 | -16.0% |
| Suppliers | 440/4 | €195 | €164 | -€31 | -16.0% |
| Other amounts payable | 47/48 | €250,502 | €262,853 | +€12,351 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,383 | €83,457 | +€4,075 | +5.1% |
| Other operating charges | 640/8 | €3,014 | €3,830 | +€816 | +27.1% |
| Gross operating margin | 9900 | €18,150 | €41,614 | +€23,464 | +129% |
| Operating profit (loss) | 9901 | -€64,246 | -€45,673 | +€18,573 | +28.9% |
| Financial charges | 65/66B | €55,893 | €41,577 | -€14,316 | -25.6% |
| Recurring financial charges | 65 | €55,893 | €41,577 | -€14,316 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€120,139 | -€87,249 | +€32,889 | +27.4% |
| Profit (loss) for the period | 9904 | -€120,139 | -€87,249 | +€32,889 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€120,139 | -€87,249 | +€32,889 | +27.4% |
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 27 October 2026 via checked.be.