THIBAL INFI: 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.
THIBAL INFI
Largest movements
- Cash +€4,416
up €4,416 (+41.7%), from €10,589 to €15,004
mainly Net result for the year (+€11,224) and Receivables within one year (+€2,012)
- Receivables within one year -€2,012
down €2,012 (-44.2%), from €4,550 to €2,538
of which Trade receivables: -€2,241
- Deferred charges and accrued income +€1,882
up €1,882 (+96.5%), from €1,950 to €3,832
- Profit (loss) carried forward +€11,224
up €11,224, from -€8,073 to €3,151
- Tax, wage and social debts -€7,068
down €7,068 (-43.2%), from €16,377 to €9,309
of which Taxes: -€4,943
- Gross operating margin +€22,342
up €22,342, from -€6,924 to €15,419
- Taxes +€2,742
up €2,742 (+831%), from €330 to €3,072
- Other operating charges +€276
up €276 (+49.9%), from €552 to €828
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 | €17,088 | €21,374 | +€4,286 | +25.1% |
| Current assets | 29/58 | €17,088 | €21,374 | +€4,286 | +25.1% |
| Amounts receivable within one year | 40/41 | €4,550 | €2,538 | -€2,012 | -44.2% |
| Trade receivables | 40 | €2,241 | - | -€2,241 | |
| Other amounts receivable | 41 | €2,309 | €2,538 | +€229 | +9.9% |
| Cash at bank and in hand | 54/58 | €10,589 | €15,004 | +€4,416 | +41.7% |
| Deferred charges and accrued income | 490/1 | €1,950 | €3,832 | +€1,882 | +96.5% |
| Total equity and liabilities | 10/49 | €17,088 | €21,374 | +€4,286 | +25.1% |
| Equity | 10/15 | €712 | €11,936 | +€11,224 | +1,577% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €6,285 | €6,285 | = | 0.0% |
| Distributable reserves | 133 | €6,285 | €6,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,073 | €3,151 | +€11,224 | |
| Amounts payable | 17/49 | €16,377 | €9,438 | -€6,939 | -42.4% |
| Amounts payable within one year | 42/48 | €16,377 | €9,438 | -€6,939 | -42.4% |
| Trade debts | 44 | €0 | €129 | +€129 | |
| Suppliers | 440/4 | €0 | €129 | +€129 | |
| Taxes, remuneration and social security | 45 | €16,377 | €9,309 | -€7,068 | -43.2% |
| Taxes | 450/3 | €11,740 | €6,798 | -€4,943 | -42.1% |
| Remuneration and social security | 454/9 | €4,636 | €2,511 | -€2,125 | -45.8% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Other operating charges | 640/8 | €552 | €828 | +€276 | +49.9% |
| Non-recurring operating charges | 66A | €106 | €126 | +€20 | +19.0% |
| Gross operating margin | 9900 | -€6,924 | €15,419 | +€22,342 | |
| Operating profit (loss) | 9901 | -€7,582 | €14,464 | +€22,047 | |
| Financial charges | 65/66B | €161 | €168 | +€7 | +4.3% |
| Recurring financial charges | 65 | €161 | €168 | +€7 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,743 | €14,296 | +€22,040 | |
| Income taxes | 67/77 | €330 | €3,072 | +€2,742 | +831% |
| Profit (loss) for the period | 9904 | -€8,073 | €11,224 | +€19,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,073 | €11,224 | +€19,298 |
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 14 October 2026 via checked.be.