THEUWISSEN ANNICK: 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.
THEUWISSEN ANNICK
Largest movements
- Tangible fixed assets -€21,846
down €21,846 (-4.2%), from €520,696 to €498,850
of which Land and buildings: -€20,692
- Cash +€21,383
up €21,383 (+673%), from €3,175 to €24,558
mainly Net result for the year (+€57,587) and Other debts (+€24,444)
- Receivables within one year +€15,289
up €15,289 (+10,193%), from €150 to €15,439
of which Other amounts receivable: +€7,949
- Debts after one year -€42,563
down €42,563 (-21.0%), from €202,331 to €159,768
of which Financial debts: -€35,063
- Reserves +€27,587
up €27,587 (+11.5%), from €240,115 to €267,702
of which Distributable reserves: +€31,313
- Other debts +€24,444
up €24,444 (+440%), from €5,556 to €30,000
- Tax, wage and social debts +€7,994
up €7,994 (+123%), from €6,494 to €14,488
- Gross operating margin +€33,161
up €33,161 (+45.0%), from €73,706 to €106,867
- Taxes +€8,974
up €8,974 (+65.8%), from €13,639 to €22,613
- Financial charges -€2,309
down €2,309 (-37.4%), from €6,177 to €3,867
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.
Derived cash bridge
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 | €539,130 | €554,975 | +€15,846 | +2.9% |
| Fixed assets | 21/28 | €520,696 | €498,850 | -€21,846 | -4.2% |
| Tangible fixed assets | 22/27 | €520,696 | €498,850 | -€21,846 | -4.2% |
| Land and buildings | 22 | €519,302 | €498,610 | -€20,692 | -4.0% |
| Furniture and vehicles | 24 | €1,395 | €240 | -€1,154 | -82.8% |
| Current assets | 29/58 | €18,433 | €56,125 | +€37,692 | +204% |
| Amounts receivable within one year | 40/41 | €150 | €15,439 | +€15,289 | +10,193% |
| Trade receivables | 40 | €150 | €7,490 | +€7,340 | +4,894% |
| Other amounts receivable | 41 | - | €7,949 | +€7,949 | |
| Cash at bank and in hand | 54/58 | €3,175 | €24,558 | +€21,383 | +673% |
| Deferred charges and accrued income | 490/1 | €15,108 | €16,128 | +€1,020 | +6.7% |
| Total equity and liabilities | 10/49 | €539,130 | €554,975 | +€15,846 | +2.9% |
| Equity | 10/15 | €274,094 | €301,680 | +€27,587 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €15,378 | €15,378 | = | 0.0% |
| Reserves | 13 | €240,115 | €267,702 | +€27,587 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €39,201 | €37,335 | -€1,867 | -4.8% |
| Distributable reserves | 133 | €199,054 | €230,367 | +€31,313 | +15.7% |
| Provisions and deferred taxes | 16 | €13,067 | €12,445 | -€622 | -4.8% |
| Deferred taxes | 168 | €13,067 | €12,445 | -€622 | -4.8% |
| Amounts payable | 17/49 | €251,969 | €240,850 | -€11,119 | -4.4% |
| Amounts payable after more than one year | 17 | €202,331 | €159,768 | -€42,563 | -21.0% |
| Financial debts | 170/4 | €194,831 | €159,768 | -€35,063 | -18.0% |
| Other amounts payable | 178/9 | €7,500 | - | -€7,500 | |
| Amounts payable within one year | 42/48 | €48,888 | €80,333 | +€31,445 | +64.3% |
| Current portion of amounts payable after more than one year | 42 | €35,060 | €32,864 | -€2,196 | -6.3% |
| Trade debts | 44 | €1,778 | €2,981 | +€1,203 | +67.6% |
| Suppliers | 440/4 | €1,778 | €2,981 | +€1,203 | +67.6% |
| Taxes, remuneration and social security | 45 | €6,494 | €14,488 | +€7,994 | +123% |
| Taxes | 450/3 | €6,494 | €14,488 | +€7,994 | +123% |
| Other amounts payable | 47/48 | €5,556 | €30,000 | +€24,444 | +440% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,851 | €21,846 | -€5 | 0.0% |
| Other operating charges | 640/8 | €1,886 | €1,943 | +€57 | +3.0% |
| Gross operating margin | 9900 | €73,706 | €106,867 | +€33,161 | +45.0% |
| Operating profit (loss) | 9901 | €49,970 | €83,079 | +€33,109 | +66.3% |
| Financial income | 75/76B | €0 | €366 | +€366 | +243,880% |
| Recurring financial income | 75 | €0 | €366 | +€366 | +243,880% |
| Financial charges | 65/66B | €6,177 | €3,867 | -€2,309 | -37.4% |
| Recurring financial charges | 65 | €6,177 | €3,867 | -€2,309 | -37.4% |
| Profit (loss) for the period before taxes | 9903 | €43,793 | €79,577 | +€35,784 | +81.7% |
| Transfer from deferred taxes | 780 | €622 | €622 | = | 0.0% |
| Income taxes | 67/77 | €13,639 | €22,613 | +€8,974 | +65.8% |
| Profit (loss) for the period | 9904 | €30,776 | €57,587 | +€26,810 | +87.1% |
| Transfer from tax-exempt reserves | 789 | €1,867 | €1,867 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,643 | €59,453 | +€26,810 | +82.1% |
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 1 November 2026 via checked.be.