THIARA GROUP: 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.
THIARA GROUP
Largest movements
- Stocks and contracts +€30,937
up €30,937 (+94.7%), from €32,681 to €63,618
- Other debts +€21,706
up €21,706 (+136%), from €15,919 to €37,625
- Profit (loss) carried forward +€9,272
up €9,272 (+84.8%), from -€10,934 to -€1,662
- Trade debts +€1,186
up €1,186 (+6.6%), from €18,090 to €19,276
- Tax, wage and social debts -€1,113
down €1,113 (-15.1%), from €7,358 to €6,245
of which Taxes: -€836
- Purchases and services -€13,542
down €13,542 (-9.9%), from €136,821 to €123,280
- Gross operating margin +€11,859
up €11,859 (+48.7%), from €24,339 to €36,198
- Staff costs -€6,054
down €6,054 (-19.9%), from €30,435 to €24,381
- Turnover -€2,028
down €2,028 (-1.3%), from €161,160 to €159,131
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,633 | €67,684 | +€31,051 | +84.8% |
| Current assets | 29/58 | €36,633 | €67,684 | +€31,051 | +84.8% |
| Stocks and contracts in progress | 3 | €32,681 | €63,618 | +€30,937 | +94.7% |
| Stocks | 30/36 | €32,681 | €63,618 | +€30,937 | +94.7% |
| Amounts receivable within one year | 40/41 | €3,907 | €4,053 | +€146 | +3.7% |
| Other amounts receivable | 41 | €3,907 | €4,053 | +€146 | +3.7% |
| Cash at bank and in hand | 54/58 | €45 | €12 | -€33 | -73.1% |
| Total equity and liabilities | 10/49 | €36,633 | €67,684 | +€31,051 | +84.8% |
| Equity | 10/15 | -€4,734 | €4,538 | +€9,272 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,934 | -€1,662 | +€9,272 | +84.8% |
| Amounts payable | 17/49 | €41,367 | €63,146 | +€21,779 | +52.6% |
| Amounts payable within one year | 42/48 | €41,367 | €63,146 | +€21,779 | +52.6% |
| Trade debts | 44 | €18,090 | €19,276 | +€1,186 | +6.6% |
| Suppliers | 440/4 | €18,090 | €19,276 | +€1,186 | +6.6% |
| Taxes, remuneration and social security | 45 | €7,358 | €6,245 | -€1,113 | -15.1% |
| Taxes | 450/3 | €836 | - | -€836 | |
| Remuneration and social security | 454/9 | €6,522 | €6,245 | -€277 | -4.3% |
| Other amounts payable | 47/48 | €15,919 | €37,625 | +€21,706 | +136% |
| Turnover | 70 | €161,160 | €159,131 | -€2,028 | -1.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €136,821 | €123,280 | -€13,542 | -9.9% |
| Remuneration, social security and pensions | 62 | €30,435 | €24,381 | -€6,054 | -19.9% |
| Other operating charges | 640/8 | €1,457 | €1,042 | -€415 | -28.5% |
| Gross operating margin | 9900 | €24,339 | €36,198 | +€11,859 | +48.7% |
| Operating profit (loss) | 9901 | -€7,553 | €10,774 | +€18,328 | |
| Financial charges | 65/66B | €143 | €182 | +€38 | +26.7% |
| Recurring financial charges | 65 | €143 | €182 | +€38 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,697 | €10,593 | +€18,289 | |
| Income taxes | 67/77 | - | €1,321 | +€1,321 | |
| Profit (loss) for the period | 9904 | -€7,697 | €9,272 | +€16,969 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,697 | €9,272 | +€16,969 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.