THIENDE CONSULT: 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.
THIENDE CONSULT
Largest movements
- Cash +€216,167
up €216,167 (+45,039%), from €480 to €216,647
mainly Net result for the year (+€103,965) and Trade debts (+€53,836)
- Receivables within one year -€11,671
down €11,671 (-99.9%), from €11,686 to €16
- Profit (loss) carried forward +€78,965
up €78,965, from -€1,565 to €77,400
- Trade debts +€53,836
new in 2025: €53,836
- Other debts +€50,676
new in 2025: €50,676
- Tax, wage and social debts +€21,350
new in 2025: €21,350
- Gross operating margin +€124,742
up €124,742 (+6,709%), from €1,859 to €126,602
- Taxes +€21,350
new in 2025: €21,350
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 | €12,166 | €216,663 | +€204,497 | +1,681% |
| Current assets | 29/58 | €12,166 | €216,663 | +€204,497 | +1,681% |
| Amounts receivable within one year | 40/41 | €11,686 | €16 | -€11,671 | -99.9% |
| Other amounts receivable | 41 | €11,686 | €16 | -€11,671 | -99.9% |
| Cash at bank and in hand | 54/58 | €480 | €216,647 | +€216,167 | +45,039% |
| Total equity and liabilities | 10/49 | €12,166 | €216,663 | +€204,497 | +1,681% |
| Equity | 10/15 | €10,835 | €89,800 | +€78,965 | +729% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,565 | €77,400 | +€78,965 | |
| Amounts payable | 17/49 | €1,331 | €126,863 | +€125,532 | +9,428% |
| Amounts payable within one year | 42/48 | - | €125,862 | +€125,862 | |
| Trade debts | 44 | - | €53,836 | +€53,836 | |
| Suppliers | 440/4 | - | €53,836 | +€53,836 | |
| Taxes, remuneration and social security | 45 | - | €21,350 | +€21,350 | |
| Taxes | 450/3 | - | €21,350 | +€21,350 | |
| Other amounts payable | 47/48 | - | €50,676 | +€50,676 | |
| Accrued charges and deferred income | 492/3 | €1,331 | €1,001 | -€330 | -24.8% |
| Other operating charges | 640/8 | €409 | €861 | +€453 | +111% |
| Gross operating margin | 9900 | €1,859 | €126,602 | +€124,742 | +6,709% |
| Operating profit (loss) | 9901 | €1,451 | €125,740 | +€124,290 | +8,567% |
| Financial income | 75/76B | €743 | - | -€743 | |
| Recurring financial income | 75 | €743 | - | -€743 | |
| Financial charges | 65/66B | €18 | €425 | +€408 | +2,331% |
| Recurring financial charges | 65 | €18 | €425 | +€408 | +2,331% |
| Profit (loss) for the period before taxes | 9903 | €2,176 | €125,315 | +€123,139 | +5,658% |
| Income taxes | 67/77 | - | €21,350 | +€21,350 | |
| Profit (loss) for the period | 9904 | €2,176 | €103,965 | +€101,789 | +4,677% |
| Profit (loss) for the period to be appropriated | 9905 | €2,176 | €103,965 | +€101,789 | +4,677% |
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 26 October 2026 via checked.be.