Thermal Clean Shift: 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.
Thermal Clean Shift
Largest movements
- Cash -€1,346
down €1,346 (-11.5%), from €11,749 to €10,403
mainly Net result for the year (-€1,588)
- Receivables within one year -€236
down €236 (-62.1%), from €381 to €144
- Profit (loss) carried forward -€1,588
down €1,588 (-24.3%), from -€6,533 to -€8,122
- Gross operating margin -€1,001
down €1,001 (-890%), from -€113 to -€1,114
- Other operating charges +€213
up €213 (+120%), from €178 to €391
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,130 | €10,547 | -€1,582 | -13.0% |
| Current assets | 29/58 | €12,130 | €10,547 | -€1,582 | -13.0% |
| Amounts receivable within one year | 40/41 | €381 | €144 | -€236 | -62.1% |
| Other amounts receivable | 41 | €381 | €144 | -€236 | -62.1% |
| Cash at bank and in hand | 54/58 | €11,749 | €10,403 | -€1,346 | -11.5% |
| Total equity and liabilities | 10/49 | €12,130 | €10,547 | -€1,582 | -13.0% |
| Equity | 10/15 | €12,067 | €10,478 | -€1,588 | -13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,533 | -€8,122 | -€1,588 | -24.3% |
| Amounts payable | 17/49 | €63 | €69 | +€6 | +10.0% |
| Amounts payable within one year | 42/48 | €63 | €69 | +€6 | +10.0% |
| Trade debts | 44 | €63 | €69 | +€6 | +10.0% |
| Suppliers | 440/4 | €63 | €69 | +€6 | +10.0% |
| Other operating charges | 640/8 | €178 | €391 | +€213 | +120% |
| Gross operating margin | 9900 | -€113 | -€1,114 | -€1,001 | -890% |
| Operating profit (loss) | 9901 | -€290 | -€1,504 | -€1,214 | -418% |
| Financial charges | 65/66B | €84 | €84 | = | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€374 | -€1,588 | -€1,214 | -324% |
| Profit (loss) for the period | 9904 | -€374 | -€1,588 | -€1,214 | -324% |
| Profit (loss) for the period to be appropriated | 9905 | -€374 | -€1,588 | -€1,214 | -324% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.