Thi-Invest: what changed
What changed
Thi-Invest
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€41,656
2024 · €33,090+€8,566
Equity
€113,207
2024 · €72,410+€40,797
Cash
€116,181
2024 · €91,457+€24,724
Balance sheet total
€137,130
2024 · €96,707+€40,422
Largest movements
Assets
- Cash +€24,724
up €24,724 (+27.0%), from €91,457 to €116,181
mainly Net result for the year (+€41,656) and Depreciation (+€947)
- Tangible fixed assets +€13,262
new in 2025: €13,262
- Deferred charges and accrued income +€2,437
up €2,437 (+46.4%), from €5,250 to €7,687
Equity and liabilities
- Reserves +€40,797
up €40,797 (+60.5%), from €67,410 to €108,207
Income statement
- Gross operating margin +€7,486
up €7,486 (+16.3%), from €45,869 to €53,354
- Taxes -€1,816
down €1,816 (-14.8%), from €12,301 to €10,485
- Depreciation +€947
new in 2025: €947
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
€33,090
Gross operating margin
+€7,486
Depreciation
-€947
Other operating charges
-€11
Financial income
+€427
Financial charges
-€205
Taxes
+€1,816
Result 2025
€41,656
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
+€39,792
Investment
-€14,209
Financing
-€859
Cash 2024
€91,457
From operations (derived)
+€39,792
Net result for the year
+€41,656
Depreciation
+€947
Deferred charges and accrued income
-€2,437
Trade debts
+€140
Tax, wage and social debts
-€1,365
Other debts
+€842
Accrued charges and deferred income
+€8
Investment (derived)
-€14,209
Investment in fixed assets (net)
-€14,209
Financing
-€859
Contributions, distributions and other
-€859
Cash 2025
€116,181
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,707 | €137,130 | +€40,422 | +41.8% |
| Fixed assets | 21/28 | - | €13,262 | +€13,262 | |
| Tangible fixed assets | 22/27 | - | €13,262 | +€13,262 | |
| Furniture and vehicles | 24 | - | €13,262 | +€13,262 | |
| Current assets | 29/58 | €96,707 | €123,868 | +€27,161 | +28.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €91,457 | €116,181 | +€24,724 | +27.0% |
| Deferred charges and accrued income | 490/1 | €5,250 | €7,687 | +€2,437 | +46.4% |
| Total equity and liabilities | 10/49 | €96,707 | €137,130 | +€40,422 | +41.8% |
| Equity | 10/15 | €72,410 | €113,207 | +€40,797 | +56.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,410 | €108,207 | +€40,797 | +60.5% |
| Distributable reserves | 133 | €67,410 | €108,207 | +€40,797 | +60.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,297 | €23,922 | -€375 | -1.5% |
| Amounts payable within one year | 42/48 | €24,029 | €23,646 | -€383 | -1.6% |
| Trade debts | 44 | €697 | €837 | +€140 | +20.1% |
| Suppliers | 440/4 | €697 | €837 | +€140 | +20.1% |
| Taxes, remuneration and social security | 45 | €17,521 | €16,156 | -€1,365 | -7.8% |
| Taxes | 450/3 | €16,271 | €14,906 | -€1,365 | -8.4% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €5,811 | €6,652 | +€842 | +14.5% |
| Accrued charges and deferred income | 492/3 | €269 | €276 | +€8 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €947 | +€947 | |
| Other operating charges | 640/8 | €161 | €172 | +€11 | +6.8% |
| Gross operating margin | 9900 | €45,869 | €53,354 | +€7,486 | +16.3% |
| Operating profit (loss) | 9901 | €45,708 | €52,235 | +€6,528 | +14.3% |
| Financial income | 75/76B | €18 | €445 | +€427 | +2,421% |
| Recurring financial income | 75 | €18 | €445 | +€427 | +2,421% |
| Financial charges | 65/66B | €334 | €538 | +€205 | +61.4% |
| Recurring financial charges | 65 | €334 | €538 | +€205 | +61.4% |
| Profit (loss) for the period before taxes | 9903 | €45,392 | €52,142 | +€6,750 | +14.9% |
| Income taxes | 67/77 | €12,301 | €10,485 | -€1,816 | -14.8% |
| Profit (loss) for the period | 9904 | €33,090 | €41,656 | +€8,566 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,090 | €41,656 | +€8,566 | +25.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.