THICRA: what changed
Two fiscal 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.
THICRA
Largest movements
- Cash +€10,207
up €10,207 (+25.7%), from €39,779 to €49,986
mainly Depreciation (+€9,372) and Net result for the year (+€835)
- Tangible fixed assets -€9,372
down €9,372 (-5.6%), from €167,608 to €158,235
of which Land and buildings: -€9,372
- Profit (loss) carried forward +€140,552
no longer reported in 2024 (was -€140,552)
- Reserves -€139,717
down €139,717 (-43.9%), from €317,938 to €178,221
of which Distributable reserves: -€136,717
- Depreciation -€4,857
down €4,857 (-34.1%), from €14,229 to €9,372
- Gross operating margin -€1,536
down €1,536 (-12.4%), from €12,418 to €10,882
- Other operating charges -€938
down €938 (-58.2%), from €1,612 to €674
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.
Cash bridge derived
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 | €207,386 | €208,221 | +€835 | +0.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €167,608 | €158,235 | -€9,372 | -5.6% |
| Tangible fixed assets | 22/27 | €167,608 | €158,235 | -€9,372 | -5.6% |
| Land and buildings | 22 | €114,104 | €104,731 | -€9,372 | -8.2% |
| Other tangible fixed assets | 26 | €53,504 | €53,504 | = | 0.0% |
| Current assets | 29/58 | €39,779 | €49,986 | +€10,207 | +25.7% |
| Cash at bank and in hand | 54/58 | €39,779 | €49,986 | +€10,207 | +25.7% |
| Total equity and liabilities | 10/49 | €207,386 | €208,221 | +€835 | +0.4% |
| Equity | 10/15 | €207,386 | €208,221 | +€835 | +0.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €317,938 | €178,221 | -€139,717 | -43.9% |
| Non-distributable reserves | 130/1 | €3,000 | - | -€3,000 | |
| Reserves not available under the articles | 1311 | €3,000 | - | -€3,000 | |
| Distributable reserves | 133 | €314,938 | €178,221 | -€136,717 | -43.4% |
| Profit (loss) carried forward | 14 | -€140,552 | - | +€140,552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,229 | €9,372 | -€4,857 | -34.1% |
| Other operating charges | 640/8 | €1,612 | €674 | -€938 | -58.2% |
| Gross operating margin | 9900 | €12,418 | €10,882 | -€1,536 | -12.4% |
| Operating profit (loss) | 9901 | -€3,424 | €835 | +€4,259 | |
| Profit (loss) for the period before taxes | 9903 | -€3,424 | €835 | +€4,259 | |
| Profit (loss) for the period | 9904 | -€3,424 | €835 | +€4,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,424 | €835 | +€4,259 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.