Theunis Electro: 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.
Theunis Electro
Largest movements
- Receivables within one year +€46,220
up €46,220 (+36.5%), from €126,628 to €172,848
of which Other amounts receivable: +€42,931
- Cash +€15,912
up €15,912 (+698%), from €2,280 to €18,191
mainly Net result for the year (+€40,578) and Other debts (+€17,571)
- Deferred charges and accrued income -€4,938
down €4,938 (-100%), from €4,938 to €0
- Reserves +€40,578
up €40,578 (+69.8%), from €58,161 to €98,739
of which Distributable reserves: +€40,578
- Other debts +€17,571
new in 2024: €17,571
- Trade debts -€13,131
down €13,131 (-34.6%), from €37,921 to €24,789
- Tax, wage and social debts +€12,497
up €12,497 (+36.3%), from €34,402 to €46,898
- Gross operating margin +€42,483
up €42,483 (+114%), from €37,172 to €79,655
- Taxes +€20,298
up €20,298 (+112%), from €18,134 to €38,433
- Financial income +€2,702
up €2,702 (+63.7%), from €4,245 to €6,947
- Other operating charges +€2,027
up €2,027 (+75.1%), from €2,698 to €4,724
- Financial charges +€863
up €863 (+45.3%), from €1,904 to €2,766
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,483 | €195,697 | +€58,213 | +42.3% |
| Fixed assets | 21/28 | €400 | €300 | -€100 | -25.0% |
| Tangible fixed assets | 22/27 | €400 | €300 | -€100 | -25.0% |
| Furniture and vehicles | 24 | €400 | €300 | -€100 | -25.0% |
| Current assets | 29/58 | €137,083 | €195,397 | +€58,313 | +42.5% |
| Stocks and contracts in progress | 3 | €3,238 | €4,357 | +€1,120 | +34.6% |
| Stocks | 30/36 | €3,238 | €4,357 | +€1,120 | +34.6% |
| Amounts receivable within one year | 40/41 | €126,628 | €172,848 | +€46,220 | +36.5% |
| Trade receivables | 40 | €34,753 | €38,041 | +€3,289 | +9.5% |
| Other amounts receivable | 41 | €91,876 | €134,807 | +€42,931 | +46.7% |
| Cash at bank and in hand | 54/58 | €2,280 | €18,191 | +€15,912 | +698% |
| Deferred charges and accrued income | 490/1 | €4,938 | €0 | -€4,938 | -100% |
| Total equity and liabilities | 10/49 | €137,483 | €195,697 | +€58,213 | +42.3% |
| Equity | 10/15 | €65,161 | €105,739 | +€40,578 | +62.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €58,161 | €98,739 | +€40,578 | +69.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €58,161 | €98,739 | +€40,578 | +69.8% |
| Amounts payable | 17/49 | €72,322 | €89,958 | +€17,635 | +24.4% |
| Amounts payable within one year | 42/48 | €72,322 | €89,259 | +€16,937 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €37,921 | €24,789 | -€13,131 | -34.6% |
| Suppliers | 440/4 | €37,921 | €24,789 | -€13,131 | -34.6% |
| Taxes, remuneration and social security | 45 | €34,402 | €46,898 | +€12,497 | +36.3% |
| Taxes | 450/3 | €34,402 | €46,898 | +€12,497 | +36.3% |
| Other amounts payable | 47/48 | - | €17,571 | +€17,571 | |
| Accrued charges and deferred income | 492/3 | - | €698 | +€698 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €100 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,698 | €4,724 | +€2,027 | +75.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €37,172 | €79,655 | +€42,483 | +114% |
| Operating profit (loss) | 9901 | €34,375 | €74,830 | +€40,456 | +118% |
| Financial income | 75/76B | €4,245 | €6,947 | +€2,702 | +63.7% |
| Recurring financial income | 75 | €4,245 | €6,947 | +€2,702 | +63.7% |
| Financial charges | 65/66B | €1,904 | €2,766 | +€863 | +45.3% |
| Recurring financial charges | 65 | €1,904 | €2,766 | +€863 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €36,716 | €79,011 | +€42,295 | +115% |
| Income taxes | 67/77 | €18,134 | €38,433 | +€20,298 | +112% |
| Profit (loss) for the period | 9904 | €18,581 | €40,578 | +€21,997 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €18,581 | €40,578 | +€21,997 | +118% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.