Thibaut WILMES: 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 WILMES
Largest movements
- Deferred charges and accrued income -€21,696
down €21,696 (-78.5%), from €27,635 to €5,939
- Cash +€9,296
up €9,296 (+60.4%), from €15,389 to €24,685
mainly Deferred charges and accrued income (+€21,696) and Depreciation (+€1,387)
- Tangible fixed assets -€1,387
down €1,387 (-39.3%), from €3,532 to €2,144
- Other debts -€10,083
down €10,083 (-52.2%), from €19,299 to €9,216
- Tax, wage and social debts -€3,542
down €3,542 (-54.2%), from €6,541 to €2,999
- Gross operating margin -€24,467
down €24,467 (-80.2%), from €30,516 to €6,050
- Taxes -€3,542
down €3,542 (-71.7%), from €4,941 to €1,399
- Other operating charges -€2,291
down €2,291 (-64.6%), from €3,548 to €1,257
- Financial charges -€369
down €369 (-14.5%), from €2,547 to €2,178
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 | €46,555 | €32,769 | -€13,786 | -29.6% |
| Fixed assets | 21/28 | €3,532 | €2,144 | -€1,387 | -39.3% |
| Tangible fixed assets | 22/27 | €3,532 | €2,144 | -€1,387 | -39.3% |
| Plant, machinery and equipment | 23 | €3,532 | €2,144 | -€1,387 | -39.3% |
| Current assets | 29/58 | €43,024 | €30,624 | -€12,399 | -28.8% |
| Cash at bank and in hand | 54/58 | €15,389 | €24,685 | +€9,296 | +60.4% |
| Deferred charges and accrued income | 490/1 | €27,635 | €5,939 | -€21,696 | -78.5% |
| Total equity and liabilities | 10/49 | €46,555 | €32,769 | -€13,786 | -29.6% |
| Equity | 10/15 | €20,650 | €20,479 | -€171 | -0.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,150 | €17,979 | -€171 | -0.9% |
| Amounts payable | 17/49 | €25,905 | €12,289 | -€13,616 | -52.6% |
| Amounts payable within one year | 42/48 | €25,905 | €12,289 | -€13,616 | -52.6% |
| Trade debts | 44 | €65 | €75 | +€10 | +15.0% |
| Suppliers | 440/4 | €65 | €75 | +€10 | +15.0% |
| Taxes, remuneration and social security | 45 | €6,541 | €2,999 | -€3,542 | -54.2% |
| Taxes | 450/3 | €6,541 | €2,999 | -€3,542 | -54.2% |
| Other amounts payable | 47/48 | €19,299 | €9,216 | -€10,083 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,330 | €1,387 | +€57 | +4.3% |
| Other operating charges | 640/8 | €3,548 | €1,257 | -€2,291 | -64.6% |
| Gross operating margin | 9900 | €30,516 | €6,050 | -€24,467 | -80.2% |
| Operating profit (loss) | 9901 | €25,638 | €3,406 | -€22,232 | -86.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,547 | €2,178 | -€369 | -14.5% |
| Recurring financial charges | 65 | €2,547 | €2,178 | -€369 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €23,091 | €1,228 | -€21,863 | -94.7% |
| Income taxes | 67/77 | €4,941 | €1,399 | -€3,542 | -71.7% |
| Profit (loss) for the period | 9904 | €18,150 | -€171 | -€18,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,150 | -€171 | -€18,321 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.