THERMOTE INTERIOR: what changed
What changed
THERMOTE INTERIOR
NACE 71.112, Activities of interior architects
filed annual accounts (NBB)
Net result for the year
€12,944
2024 · -€947+€13,891
Equity
€47,768
2024 · €34,823+€12,945
Cash
€44,791
2024 · €21,842+€22,949
Balance sheet total
€245,125
2024 · €243,324+€1,801
Largest movements
Assets
- Tangible fixed assets -€24,358
down €24,358 (-17.0%), from €143,645 to €119,287
of which Land and buildings: -€20,918
- Cash +€22,949
up €22,949 (+105%), from €21,842 to €44,791
mainly Depreciation (+€36,607) and Net result for the year (+€12,944)
- Stocks and contracts +€3,526
up €3,526 (+28.2%), from €12,500 to €16,026
Equity and liabilities
- Debts after one year -€26,973
down €26,973 (-20.4%), from €132,183 to €105,210
- Reserves +€13,945
up €13,945 (+93.1%), from €14,985 to €28,930
- Trade debts +€8,090
up €8,090 (+56.2%), from €14,388 to €22,478
- Tax, wage and social debts +€7,852
up €7,852 (+22.5%), from €34,844 to €42,696
of which Taxes: +€11,127
Income statement
- Staff costs -€100,956
down €100,956 (-47.7%), from €211,443 to €110,487
- Gross operating margin -€99,141
down €99,141 (-35.5%), from €279,661 to €180,520
- Taxes -€9,511
down €9,511 (-43.1%), from €22,082 to €12,571
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€947
Gross operating margin
-€99,141
Staff costs
+€100,956
Depreciation
-€176
Other operating charges
+€2,449
Financial income
-€1,048
Financial charges
+€1,340
Taxes
+€9,511
Result 2025
€12,944
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€62,283
Investment
-€12,249
Financing
-€27,085
Cash 2024
€21,842
From operations (derived)
+€62,283
Net result for the year
+€12,944
Depreciation
+€36,607
Stocks and contracts
-€3,526
Receivables within one year
-€1,066
Deferred charges and accrued income
+€1,382
Trade debts
+€8,090
Tax, wage and social debts
+€7,852
Investment (derived)
-€12,249
Investment in fixed assets (net)
-€12,249
Financing
-€27,085
Debts after one year
-€26,973
Current portion of long-term debt
-€113
Contributions, distributions and other
+€1
Cash 2025
€44,791
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,324 | €245,125 | +€1,801 | +0.7% |
| Fixed assets | 21/28 | €143,770 | €119,412 | -€24,358 | -16.9% |
| Tangible fixed assets | 22/27 | €143,645 | €119,287 | -€24,358 | -17.0% |
| Land and buildings | 22 | €92,042 | €71,124 | -€20,918 | -22.7% |
| Plant, machinery and equipment | 23 | €19,718 | €18,129 | -€1,589 | -8.1% |
| Furniture and vehicles | 24 | €31,885 | €30,034 | -€1,851 | -5.8% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €99,554 | €125,713 | +€26,159 | +26.3% |
| Stocks and contracts in progress | 3 | €12,500 | €16,026 | +€3,526 | +28.2% |
| Stocks | 30/36 | €12,500 | €16,026 | +€3,526 | +28.2% |
| Amounts receivable within one year | 40/41 | €54,830 | €55,896 | +€1,066 | +1.9% |
| Trade receivables | 40 | €32,330 | €33,396 | +€1,066 | +3.3% |
| Other amounts receivable | 41 | €22,500 | €22,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,842 | €44,791 | +€22,949 | +105% |
| Deferred charges and accrued income | 490/1 | €10,382 | €9,000 | -€1,382 | -13.3% |
| Total equity and liabilities | 10/49 | €243,324 | €245,125 | +€1,801 | +0.7% |
| Equity | 10/15 | €34,823 | €47,768 | +€12,945 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,985 | €28,930 | +€13,945 | +93.1% |
| Distributable reserves | 133 | €14,985 | €28,930 | +€13,945 | +93.1% |
| Profit (loss) carried forward | 14 | €1,238 | €238 | -€1,000 | -80.8% |
| Amounts payable | 17/49 | €208,501 | €197,357 | -€11,144 | -5.3% |
| Amounts payable after more than one year | 17 | €132,183 | €105,210 | -€26,973 | -20.4% |
| Financial debts | 170/4 | €132,183 | €105,210 | -€26,973 | -20.4% |
| Amounts payable within one year | 42/48 | €76,318 | €92,147 | +€15,829 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €27,086 | €26,973 | -€113 | -0.4% |
| Trade debts | 44 | €14,388 | €22,478 | +€8,090 | +56.2% |
| Suppliers | 440/4 | €14,388 | €22,478 | +€8,090 | +56.2% |
| Taxes, remuneration and social security | 45 | €34,844 | €42,696 | +€7,852 | +22.5% |
| Taxes | 450/3 | €18,731 | €29,858 | +€11,127 | +59.4% |
| Remuneration and social security | 454/9 | €16,113 | €12,838 | -€3,275 | -20.3% |
| Remuneration, social security and pensions | 62 | €211,443 | €110,487 | -€100,956 | -47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,431 | €36,607 | +€176 | +0.5% |
| Other operating charges | 640/8 | €7,146 | €4,697 | -€2,449 | -34.3% |
| Gross operating margin | 9900 | €279,661 | €180,520 | -€99,141 | -35.5% |
| Operating profit (loss) | 9901 | €24,641 | €28,729 | +€4,088 | +16.6% |
| Financial income | 75/76B | €2,811 | €1,763 | -€1,048 | -37.3% |
| Recurring financial income | 75 | €2,811 | €1,763 | -€1,048 | -37.3% |
| Financial charges | 65/66B | €6,317 | €4,977 | -€1,340 | -21.2% |
| Recurring financial charges | 65 | €6,317 | €4,977 | -€1,340 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €21,135 | €25,515 | +€4,380 | +20.7% |
| Income taxes | 67/77 | €22,082 | €12,571 | -€9,511 | -43.1% |
| Profit (loss) for the period | 9904 | -€947 | €12,944 | +€13,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€947 | €12,944 | +€13,891 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.