THERMIX: 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.
THERMIX
Largest movements
- Deferred charges and accrued income -€2,213
down €2,213 (-58.5%), from €3,783 to €1,570
- Tangible fixed assets -€998
down €998 (-16.6%), from €6,024 to €5,027
of which Leasing and similar rights: -€1,384
- Receivables within one year -€722
down €722 (-9.6%), from €7,513 to €6,791
of which Other amounts receivable: -€1,510
- Cash +€456
up €456 (+5.4%), from €8,499 to €8,954
mainly Deferred charges and accrued income (+€2,213) and Trade debts (+€1,867)
- Profit (loss) carried forward -€6,136
down €6,136 (-1643.9%), from -€373 to -€6,510
- Trade debts +€1,867
up €1,867 (+27.8%), from €6,703 to €8,569
- Accrued charges and deferred income +€544
new in 2025: €544
- Other debts +€341
new in 2025: €341
- Gross operating margin +€1,547
up €1,547 (+34.0%), from -€4,550 to -€3,003
- Other operating charges -€810
down €810 (-41.9%), from €1,936 to €1,125
- Depreciation -€203
down €203 (-11.8%), from €1,727 to €1,523
- Financial income -€183
down €183 (-100.0%), from €183 to €0
- Financial charges +€138
up €138 (+94.1%), from €147 to €285
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 | €27,524 | €24,047 | -€3,476 | -12.6% |
| Fixed assets | 21/28 | €6,174 | €5,177 | -€998 | -16.2% |
| Tangible fixed assets | 22/27 | €6,024 | €5,027 | -€998 | -16.6% |
| Plant, machinery and equipment | 23 | €51 | €0 | -€51 | -100.0% |
| Furniture and vehicles | 24 | €41 | €478 | +€437 | +1061.3% |
| Leasing and similar rights | 25 | €5,933 | €4,549 | -€1,384 | -23.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €21,349 | €18,871 | -€2,479 | -11.6% |
| Stocks and contracts in progress | 3 | €1,555 | €1,555 | = | 0.0% |
| Stocks | 30/36 | €1,555 | €1,555 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,513 | €6,791 | -€722 | -9.6% |
| Trade receivables | 40 | €5,910 | €6,699 | +€789 | +13.3% |
| Other amounts receivable | 41 | €1,602 | €92 | -€1,510 | -94.3% |
| Cash at bank and in hand | 54/58 | €8,499 | €8,954 | +€456 | +5.4% |
| Deferred charges and accrued income | 490/1 | €3,783 | €1,570 | -€2,213 | -58.5% |
| Total equity and liabilities | 10/49 | €27,524 | €24,047 | -€3,476 | -12.6% |
| Equity | 10/15 | €20,415 | €14,278 | -€6,136 | -30.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €788 | €788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €788 | €788 | = | 0.0% |
| Reserves not available under the articles | 1311 | €788 | €788 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€373 | -€6,510 | -€6,136 | -1643.9% |
| Amounts payable | 17/49 | €7,109 | €9,769 | +€2,660 | +37.4% |
| Amounts payable within one year | 42/48 | €7,109 | €9,225 | +€2,116 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,703 | €8,569 | +€1,867 | +27.8% |
| Suppliers | 440/4 | €6,703 | €8,569 | +€1,867 | +27.8% |
| Taxes, remuneration and social security | 45 | €406 | €315 | -€92 | -22.5% |
| Taxes | 450/3 | €406 | €315 | -€92 | -22.5% |
| Other amounts payable | 47/48 | - | €341 | +€341 | |
| Accrued charges and deferred income | 492/3 | - | €544 | +€544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,727 | €1,523 | -€203 | -11.8% |
| Other operating charges | 640/8 | €1,936 | €1,125 | -€810 | -41.9% |
| Gross operating margin | 9900 | -€4,550 | -€3,003 | +€1,547 | +34.0% |
| Operating profit (loss) | 9901 | -€8,212 | -€5,652 | +€2,560 | +31.2% |
| Financial income | 75/76B | €183 | €0 | -€183 | -100.0% |
| Recurring financial income | 75 | €183 | €0 | -€183 | -100.0% |
| Financial charges | 65/66B | €147 | €285 | +€138 | +94.1% |
| Recurring financial charges | 65 | €147 | €285 | +€138 | +94.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,176 | -€5,937 | +€2,239 | +27.4% |
| Income taxes | 67/77 | €208 | €200 | -€9 | -4.2% |
| Profit (loss) for the period | 9904 | -€8,385 | -€6,136 | +€2,248 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,385 | -€6,136 | +€2,248 | +26.8% |
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 10 October 2026 via checked.be.