THIBAUT CONSULTANCY: 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.
THIBAUT CONSULTANCY
Largest movements
- Tangible fixed assets +€9,136
up €9,136 (+33.7%), from €27,128 to €36,264
of which Furniture and vehicles: +€8,526
- Cash -€3,884
down €3,884 (-5.0%), from €77,565 to €73,680
mainly Contributions, distributions and other (-€90,000) and Investment in fixed assets (net) (-€11,421)
- Tax, wage and social debts +€12,095
up €12,095 (+236%), from €5,134 to €17,229
of which Taxes: +€12,095
- Other debts -€2,833
down €2,833 (-2.0%), from €142,892 to €140,059
- Reserves -€2,738
down €2,738 (-42.2%), from €6,492 to €3,754
of which Distributable reserves: -€2,738
- Gross operating margin +€15,417
up €15,417 (+15.8%), from €97,838 to €113,255
- Taxes +€3,965
up €3,965 (+19.7%), from €20,079 to €24,044
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 | €176,733 | €182,799 | +€6,066 | +3.4% |
| Fixed assets | 21/28 | €27,153 | €36,289 | +€9,136 | +33.6% |
| Tangible fixed assets | 22/27 | €27,128 | €36,264 | +€9,136 | +33.7% |
| Plant, machinery and equipment | 23 | - | €897 | +€897 | |
| Furniture and vehicles | 24 | €25,982 | €34,508 | +€8,526 | +32.8% |
| Other tangible fixed assets | 26 | €1,146 | €859 | -€286 | -25.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €149,580 | €146,510 | -€3,070 | -2.1% |
| Amounts receivable within one year | 40/41 | €72,015 | €71,318 | -€697 | -1.0% |
| Trade receivables | 40 | €61,920 | €55,259 | -€6,660 | -10.8% |
| Other amounts receivable | 41 | €10,096 | €16,059 | +€5,963 | +59.1% |
| Cash at bank and in hand | 54/58 | €77,565 | €73,680 | -€3,884 | -5.0% |
| Deferred charges and accrued income | 490/1 | - | €1,511 | +€1,511 | |
| Total equity and liabilities | 10/49 | €176,733 | €182,799 | +€6,066 | +3.4% |
| Equity | 10/15 | €25,123 | €22,385 | -€2,738 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,492 | €3,754 | -€2,738 | -42.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,632 | €1,894 | -€2,738 | -59.1% |
| Profit (loss) carried forward | 14 | €31 | €31 | = | 0.0% |
| Amounts payable | 17/49 | €151,610 | €160,414 | +€8,804 | +5.8% |
| Amounts payable within one year | 42/48 | €151,460 | €160,264 | +€8,804 | +5.8% |
| Trade debts | 44 | €3,434 | €2,976 | -€458 | -13.3% |
| Suppliers | 440/4 | €3,434 | €2,976 | -€458 | -13.3% |
| Taxes, remuneration and social security | 45 | €5,134 | €17,229 | +€12,095 | +236% |
| Taxes | 450/3 | €3,884 | €15,979 | +€12,095 | +311% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €142,892 | €140,059 | -€2,833 | -2.0% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,157 | €2,285 | +€128 | +5.9% |
| Other operating charges | 640/8 | €964 | €192 | -€773 | -80.1% |
| Gross operating margin | 9900 | €97,838 | €113,255 | +€15,417 | +15.8% |
| Operating profit (loss) | 9901 | €94,717 | €110,779 | +€16,062 | +17.0% |
| Financial income | 75/76B | €555 | €593 | +€38 | +6.8% |
| Recurring financial income | 75 | €555 | €593 | +€38 | +6.8% |
| Financial charges | 65/66B | €162 | €66 | -€96 | -59.3% |
| Recurring financial charges | 65 | €162 | €66 | -€96 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €95,110 | €111,306 | +€16,196 | +17.0% |
| Income taxes | 67/77 | €20,079 | €24,044 | +€3,965 | +19.7% |
| Profit (loss) for the period | 9904 | €75,031 | €87,262 | +€12,231 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,031 | €87,262 | +€12,231 | +16.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.