Thicit: 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.
Thicit
Largest movements
- Cash +€68,877
up €68,877 (+213%), from €32,307 to €101,184
mainly Net result for the year (+€69,586) and Tax, wage and social debts (+€22,408)
- Receivables within one year +€39,664
up €39,664 (+83.5%), from €47,477 to €87,141
of which Trade receivables: +€39,933
- Tangible fixed assets -€8,482
down €8,482 (-29.4%), from €28,839 to €20,356
of which Furniture and vehicles: -€9,211
- Reserves +€69,586
up €69,586 (+81.2%), from €85,652 to €155,237
of which Distributable reserves: +€69,586
- Tax, wage and social debts +€22,408
up €22,408 (+200%), from €11,211 to €33,619
- Accrued charges and deferred income +€7,468
new in 2024: €7,468
- Other debts +€2,423
new in 2024: €2,423
- Debts after one year -€2,420
down €2,420 (-47.6%), from €5,079 to €2,660
- Gross operating margin +€64,408
up €64,408 (+152%), from €42,241 to €106,649
- Taxes +€19,655
up €19,655 (+215%), from €9,124 to €28,779
- Financial charges +€2,211
up €2,211 (+153%), from €1,442 to €3,653
of which Financial charges: +€2,158
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 | €110,997 | €210,681 | +€99,684 | +89.8% |
| Fixed assets | 21/28 | €30,839 | €22,356 | -€8,482 | -27.5% |
| Tangible fixed assets | 22/27 | €28,839 | €20,356 | -€8,482 | -29.4% |
| Land and buildings | 22 | €537 | €473 | -€64 | -11.8% |
| Plant, machinery and equipment | 23 | €18,508 | €19,301 | +€793 | +4.3% |
| Furniture and vehicles | 24 | €9,793 | €582 | -€9,211 | -94.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €80,158 | €188,324 | +€108,166 | +135% |
| Amounts receivable within one year | 40/41 | €47,477 | €87,141 | +€39,664 | +83.5% |
| Trade receivables | 40 | €47,208 | €87,141 | +€39,933 | +84.6% |
| Other amounts receivable | 41 | €269 | - | -€269 | |
| Cash at bank and in hand | 54/58 | €32,307 | €101,184 | +€68,877 | +213% |
| Deferred charges and accrued income | 490/1 | €375 | - | -€375 | |
| Total equity and liabilities | 10/49 | €110,997 | €210,681 | +€99,684 | +89.8% |
| Equity | 10/15 | €91,852 | €161,437 | +€69,586 | +75.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,652 | €155,237 | +€69,586 | +81.2% |
| 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 | €83,792 | €153,377 | +€69,586 | +83.0% |
| Amounts payable | 17/49 | €19,145 | €49,243 | +€30,098 | +157% |
| Amounts payable after more than one year | 17 | €5,079 | €2,660 | -€2,420 | -47.6% |
| Financial debts | 170/4 | €5,079 | €2,660 | -€2,420 | -47.6% |
| Amounts payable within one year | 42/48 | €14,066 | €39,116 | +€25,050 | +178% |
| Current portion of amounts payable after more than one year | 42 | €2,386 | €2,420 | +€34 | +1.4% |
| Trade debts | 44 | €469 | €655 | +€186 | +39.7% |
| Suppliers | 440/4 | €469 | €655 | +€186 | +39.7% |
| Taxes, remuneration and social security | 45 | €11,211 | €33,619 | +€22,408 | +200% |
| Taxes | 450/3 | €11,211 | €33,619 | +€22,408 | +200% |
| Other amounts payable | 47/48 | - | €2,423 | +€2,423 | |
| Accrued charges and deferred income | 492/3 | - | €7,468 | +€7,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,291 | €4,127 | -€164 | -3.8% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Gross operating margin | 9900 | €42,241 | €106,649 | +€64,408 | +152% |
| Operating profit (loss) | 9901 | €37,457 | €102,017 | +€64,560 | +172% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,442 | €3,653 | +€2,211 | +153% |
| Recurring financial charges | 65 | €1,442 | €3,600 | +€2,158 | +150% |
| Non-recurring financial charges | 66B | - | €53 | +€53 | |
| Profit (loss) for the period before taxes | 9903 | €36,015 | €98,365 | +€62,350 | +173% |
| Income taxes | 67/77 | €9,124 | €28,779 | +€19,655 | +215% |
| Profit (loss) for the period | 9904 | €26,891 | €69,586 | +€42,695 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €26,891 | €69,586 | +€42,695 | +159% |
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 16 October 2026 via checked.be.