THIANA OLYMP: 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.
THIANA OLYMP
Largest movements
- Receivables within one year +€9,830
up €9,830 (+68.8%), from €14,294 to €24,124
of which Other amounts receivable: +€6,629
- Cash +€5,259
up €5,259 (+1,696%), from €310 to €5,569
mainly Net result for the year (+€11,010) and Tax, wage and social debts (+€3,829)
- Tangible fixed assets -€1,092
down €1,092 (-34.5%), from €3,161 to €2,069
- Profit (loss) carried forward +€11,010
up €11,010 (+179%), from €6,135 to €17,145
- Tax, wage and social debts +€3,829
up €3,829 (+957%), from €400 to €4,229
- Trade debts -€842
down €842 (-26.6%), from €3,170 to €2,328
- Gross operating margin +€12,203
up €12,203 (+285%), from €4,276 to €16,479
- Taxes +€3,429
up €3,429 (+857%), from €400 to €3,829
- Depreciation +€979
up €979 (+866%), from €113 to €1,092
- Financial income +€281
up €281 (+476%), from €59 to €340
- Financial charges -€170
down €170 (-19.0%), from €895 to €725
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 | €17,765 | €31,762 | +€13,997 | +78.8% |
| Fixed assets | 21/28 | €3,161 | €2,069 | -€1,092 | -34.5% |
| Tangible fixed assets | 22/27 | €3,161 | €2,069 | -€1,092 | -34.5% |
| Furniture and vehicles | 24 | €3,161 | €2,069 | -€1,092 | -34.5% |
| Current assets | 29/58 | €14,604 | €29,693 | +€15,089 | +103% |
| Amounts receivable within one year | 40/41 | €14,294 | €24,124 | +€9,830 | +68.8% |
| Trade receivables | 40 | €10,777 | €13,978 | +€3,201 | +29.7% |
| Other amounts receivable | 41 | €3,517 | €10,146 | +€6,629 | +188% |
| Cash at bank and in hand | 54/58 | €310 | €5,569 | +€5,259 | +1,696% |
| Total equity and liabilities | 10/49 | €17,765 | €31,762 | +€13,997 | +78.8% |
| Equity | 10/15 | €14,195 | €25,205 | +€11,010 | +77.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,135 | €17,145 | +€11,010 | +179% |
| Amounts payable | 17/49 | €3,570 | €6,557 | +€2,987 | +83.7% |
| Amounts payable within one year | 42/48 | €3,570 | €6,557 | +€2,987 | +83.7% |
| Trade debts | 44 | €3,170 | €2,328 | -€842 | -26.6% |
| Suppliers | 440/4 | €3,170 | €2,328 | -€842 | -26.6% |
| Taxes, remuneration and social security | 45 | €400 | €4,229 | +€3,829 | +957% |
| Taxes | 450/3 | €400 | €4,229 | +€3,829 | +957% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113 | €1,092 | +€979 | +866% |
| Other operating charges | 640/8 | €173 | €163 | -€10 | -5.8% |
| Gross operating margin | 9900 | €4,276 | €16,479 | +€12,203 | +285% |
| Operating profit (loss) | 9901 | €3,990 | €15,224 | +€11,234 | +282% |
| Financial income | 75/76B | €59 | €340 | +€281 | +476% |
| Recurring financial income | 75 | €59 | €340 | +€281 | +476% |
| Financial charges | 65/66B | €895 | €725 | -€170 | -19.0% |
| Recurring financial charges | 65 | €895 | €725 | -€170 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €3,154 | €14,839 | +€11,685 | +370% |
| Income taxes | 67/77 | €400 | €3,829 | +€3,429 | +857% |
| Profit (loss) for the period | 9904 | €2,754 | €11,010 | +€8,256 | +300% |
| Profit (loss) for the period to be appropriated | 9905 | €2,754 | €11,010 | +€8,256 | +300% |
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 27 October 2026 via checked.be.