Theuma DoorSystems: what changed
Theuma DoorSystems
Largest movements
- Cash -€281,079
down €281,079 (-96.3%), from €291,959 to €10,880
mainly Other debts (-€254,360) and Debts after one year (-€217,753)
- Deferred charges and accrued income +€120,512
up €120,512 (+1,372%), from €8,783 to €129,295
- Intangible fixed assets -€36,806
down €36,806 (-21.4%), from €171,761 to €134,955
- Receivables within one year -€20,588
down €20,588 (-1.4%), from €1.4m to €1.4m
of which Trade receivables: -€326,174
- Other debts -€254,360
down €254,360 (-35.8%), from €710,934 to €456,574
- Trade debts +€231,468
up €231,468 (+73.8%), from €313,477 to €544,945
- Debts after one year -€217,753
no longer reported in 2024 (was €217,753)
- Tax, wage and social debts -€71,805
down €71,805 (-54.7%), from €131,184 to €59,379
of which Taxes: -€69,337
- Accrued charges and deferred income +€60,000
new in 2024: €60,000
- Gross operating margin -€62,811
down €62,811 (-14.1%), from €446,863 to €384,052
- Depreciation +€24,537
up €24,537 (+200%), from €12,269 to €36,806
- Staff costs +€17,286
up €17,286 (+9.7%), from €178,526 to €195,812
- Financial charges -€13,741
down €13,741 (-17.3%), from €79,431 to €65,690
- Taxes -€11,000
down €11,000 (-22.0%), from €50,000 to €39,000
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,917,791 | €1,712,085 | -€205,706 | -10.7% |
| Fixed assets | 21/28 | €171,761 | €134,955 | -€36,806 | -21.4% |
| Intangible fixed assets | 21 | €171,761 | €134,955 | -€36,806 | -21.4% |
| Current assets | 29/58 | €1,746,030 | €1,577,130 | -€168,900 | -9.7% |
| Stocks and contracts in progress | 3 | €7,913 | €20,168 | +€12,255 | +155% |
| Stocks | 30/36 | €7,913 | €20,168 | +€12,255 | +155% |
| Amounts receivable within one year | 40/41 | €1,437,375 | €1,416,787 | -€20,588 | -1.4% |
| Trade receivables | 40 | €1,437,375 | €1,111,201 | -€326,174 | -22.7% |
| Other amounts receivable | 41 | - | €305,586 | +€305,586 | |
| Cash at bank and in hand | 54/58 | €291,959 | €10,880 | -€281,079 | -96.3% |
| Deferred charges and accrued income | 490/1 | €8,783 | €129,295 | +€120,512 | +1,372% |
| Total equity and liabilities | 10/49 | €1,917,791 | €1,712,085 | -€205,706 | -10.7% |
| Equity | 10/15 | €529,443 | €576,187 | +€46,744 | +8.8% |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Capital | 10 | €372,000 | €372,000 | = | 0.0% |
| Issued capital | 100 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €18,785 | €25,009 | +€6,224 | +33.1% |
| Non-distributable reserves | 130/1 | €18,785 | €25,009 | +€6,224 | +33.1% |
| Legal reserve | 130 | €18,785 | €25,009 | +€6,224 | +33.1% |
| Profit (loss) carried forward | 14 | €138,658 | €179,178 | +€40,520 | +29.2% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | - | €1,120,898 | +€1.1m | |
| Amounts payable after more than one year | 17 | €217,753 | - | -€217,753 | |
| Financial debts | 170/4 | €217,753 | - | -€217,753 | |
| Amounts payable within one year | 42/48 | €1,155,595 | €1,060,898 | -€94,697 | -8.2% |
| Trade debts | 44 | €313,477 | €544,945 | +€231,468 | +73.8% |
| Suppliers | 440/4 | €313,477 | €544,945 | +€231,468 | +73.8% |
| Taxes, remuneration and social security | 45 | €131,184 | €59,379 | -€71,805 | -54.7% |
| Taxes | 450/3 | €108,395 | €39,058 | -€69,337 | -64.0% |
| Remuneration and social security | 454/9 | €22,789 | €20,321 | -€2,468 | -10.8% |
| Other amounts payable | 47/48 | €710,934 | €456,574 | -€254,360 | -35.8% |
| Accrued charges and deferred income | 492/3 | - | €60,000 | +€60,000 | |
| Non-recurring operating income | 76A | - | €3,563 | +€3,563 | |
| Remuneration, social security and pensions | 62 | €178,526 | €195,812 | +€17,286 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,269 | €36,806 | +€24,537 | +200% |
| Other operating charges | 640/8 | €7,688 | - | -€7,688 | |
| Gross operating margin | 9900 | €446,863 | €384,052 | -€62,811 | -14.1% |
| Operating profit (loss) | 9901 | €248,380 | €151,434 | -€96,946 | -39.0% |
| Financial charges | 65/66B | €79,431 | €65,690 | -€13,741 | -17.3% |
| Recurring financial charges | 65 | €79,431 | €65,690 | -€13,741 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €168,949 | €85,744 | -€83,205 | -49.2% |
| Income taxes | 67/77 | €50,000 | €39,000 | -€11,000 | -22.0% |
| Profit (loss) for the period | 9904 | €118,949 | €46,744 | -€72,205 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €118,949 | €46,744 | -€72,205 | -60.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.