Thidenta: 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.
Thidenta
Largest movements
- Receivables within one year +€56,101
up €56,101 (+84.9%), from €66,044 to €122,145
- Tangible fixed assets -€45,613
down €45,613 (-6.1%), from €750,483 to €704,871
of which Land and buildings: -€27,238
- Other debts -€361,687
down €361,687 (-23.6%), from €1.5m to €1.2m
- Reserves +€340,265
up €340,265 (+134%), from €253,712 to €593,978
of which Distributable reserves: +€340,265
- Debts after one year -€40,242
down €40,242 (-6.0%), from €674,231 to €633,989
- Financial income +€401,990
up €401,990 (+36,511%), from €1,101 to €403,091
- Gross operating margin +€42,508
up €42,508 (+20.1%), from €211,408 to €253,917
- Taxes +€12,594
up €12,594 (+54.4%), from €23,149 to €35,743
- Financial charges -€5,525
down €5,525 (-10.6%), from €52,027 to €46,502
- Depreciation -€2,600
down €2,600 (-5.4%), from €48,213 to €45,613
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 | €2,562,129 | €2,524,708 | -€37,421 | -1.5% |
| Fixed assets | 21/28 | €2,385,483 | €2,339,871 | -€45,613 | -1.9% |
| Tangible fixed assets | 22/27 | €750,483 | €704,871 | -€45,613 | -6.1% |
| Land and buildings | 22 | €731,348 | €704,109 | -€27,238 | -3.7% |
| Plant, machinery and equipment | 23 | €808 | €386 | -€422 | -52.2% |
| Furniture and vehicles | 24 | €18,328 | €375 | -€17,953 | -98.0% |
| Financial fixed assets | 28 | €1,635,000 | €1,635,000 | = | 0.0% |
| Current assets | 29/58 | €176,645 | €184,838 | +€8,192 | +4.6% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Trade receivables | 290 | €30,000 | €0 | -€30,000 | -100% |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €66,044 | €122,145 | +€56,101 | +84.9% |
| Other amounts receivable | 41 | €66,044 | €122,145 | +€56,101 | +84.9% |
| Cash at bank and in hand | 54/58 | €49,113 | €23,808 | -€25,306 | -51.5% |
| Deferred charges and accrued income | 490/1 | €31,488 | €8,885 | -€22,603 | -71.8% |
| Total equity and liabilities | 10/49 | €2,562,129 | €2,524,708 | -€37,421 | -1.5% |
| Equity | 10/15 | €272,312 | €612,578 | +€340,265 | +125% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,712 | €593,978 | +€340,265 | +134% |
| Tax-exempt reserves | 132 | €2,566 | €2,566 | = | 0.0% |
| Distributable reserves | 133 | €251,146 | €591,411 | +€340,265 | +135% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,289,817 | €1,912,131 | -€377,686 | -16.5% |
| Amounts payable after more than one year | 17 | €674,231 | €633,989 | -€40,242 | -6.0% |
| Financial debts | 170/4 | €674,231 | €633,989 | -€40,242 | -6.0% |
| Amounts payable within one year | 42/48 | €1,589,513 | €1,256,041 | -€333,472 | -21.0% |
| Current portion of amounts payable after more than one year | 42 | €38,649 | €40,242 | +€1,593 | +4.1% |
| Financial debts | 43 | €3 | €0 | -€3 | -100% |
| Credit institutions | 430/8 | €3 | €0 | -€3 | -100% |
| Trade debts | 44 | €4,460 | €6,518 | +€2,058 | +46.2% |
| Suppliers | 440/4 | €4,460 | €6,518 | +€2,058 | +46.2% |
| Taxes, remuneration and social security | 45 | €10,825 | €35,392 | +€24,566 | +227% |
| Taxes | 450/3 | €8,175 | €32,642 | +€24,466 | +299% |
| Remuneration and social security | 454/9 | €2,650 | €2,750 | +€100 | +3.8% |
| Other amounts payable | 47/48 | €1,535,575 | €1,173,889 | -€361,687 | -23.6% |
| Accrued charges and deferred income | 492/3 | €26,073 | €22,101 | -€3,972 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,213 | €45,613 | -€2,600 | -5.4% |
| Other operating charges | 640/8 | €3,273 | €3,885 | +€612 | +18.7% |
| Gross operating margin | 9900 | €211,408 | €253,917 | +€42,508 | +20.1% |
| Operating profit (loss) | 9901 | €159,922 | €204,419 | +€44,497 | +27.8% |
| Financial income | 75/76B | €1,101 | €403,091 | +€401,990 | +36,511% |
| Recurring financial income | 75 | €1,101 | €403,091 | +€401,990 | +36,511% |
| Financial charges | 65/66B | €52,027 | €46,502 | -€5,525 | -10.6% |
| Recurring financial charges | 65 | €52,027 | €46,502 | -€5,525 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €108,997 | €561,008 | +€452,012 | +415% |
| Income taxes | 67/77 | €23,149 | €35,743 | +€12,594 | +54.4% |
| Profit (loss) for the period | 9904 | €85,848 | €525,265 | +€439,417 | +512% |
| Profit (loss) for the period to be appropriated | 9905 | €85,848 | €525,265 | +€439,417 | +512% |
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.