Thienpondt Technical Solutions: 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.
Thienpondt Technical Solutions
Largest movements
- Cash +€35,984
up €35,984 (+553.4%), from €6,503 to €42,487
mainly Net result for the year (+€49,458) and Other debts (+€18,233)
- Receivables within one year +€30,480
up €30,480 (+103.5%), from €29,460 to €59,940
of which Trade receivables: +€32,643
- Stocks and contracts +€9,909
up €9,909 (+42.5%), from €23,323 to €33,232
- Tangible fixed assets +€9,687
up €9,687 (+149.4%), from €6,484 to €16,170
- Reserves +€49,458
up €49,458 (+109.6%), from €45,112 to €94,571
- Other debts +€18,233
up €18,233 (+984.9%), from €1,851 to €20,084
- Advances received +€13,304
up €13,304, from €0 to €13,304
- Tax, wage and social debts +€4,168
up €4,168 (+86.3%), from €4,827 to €8,995
- Trade debts +€2,076
up €2,076 (+16.0%), from €12,956 to €15,032
- Gross operating margin +€50,670
up €50,670 (+235.7%), from €21,499 to €72,169
- Taxes +€13,094
up €13,094 (+289.7%), from €4,520 to €17,614
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.
Cash bridge derived
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 | €69,746 | €156,986 | +€87,239 | +125.1% |
| Fixed assets | 21/28 | €6,484 | €16,170 | +€9,687 | +149.4% |
| Tangible fixed assets | 22/27 | €6,484 | €16,170 | +€9,687 | +149.4% |
| Land and buildings | 22 | - | €2,498 | +€2,498 | |
| Plant, machinery and equipment | 23 | €5,709 | €8,928 | +€3,220 | +56.4% |
| Furniture and vehicles | 24 | €775 | €4,745 | +€3,969 | +511.9% |
| Current assets | 29/58 | €63,262 | €140,815 | +€77,553 | +122.6% |
| Stocks and contracts in progress | 3 | €23,323 | €33,232 | +€9,909 | +42.5% |
| Stocks | 30/36 | €23,323 | €33,232 | +€9,909 | +42.5% |
| Amounts receivable within one year | 40/41 | €29,460 | €59,940 | +€30,480 | +103.5% |
| Trade receivables | 40 | €16,710 | €49,353 | +€32,643 | +195.4% |
| Other amounts receivable | 41 | €12,750 | €10,587 | -€2,163 | -17.0% |
| Cash at bank and in hand | 54/58 | €6,503 | €42,487 | +€35,984 | +553.4% |
| Deferred charges and accrued income | 490/1 | €3,977 | €5,156 | +€1,179 | +29.6% |
| Total equity and liabilities | 10/49 | €69,746 | €156,986 | +€87,239 | +125.1% |
| Equity | 10/15 | €50,112 | €99,571 | +€49,458 | +98.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,112 | €94,571 | +€49,458 | +109.6% |
| Distributable reserves | 133 | €45,112 | €94,571 | +€49,458 | +109.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,634 | €57,415 | +€37,781 | +192.4% |
| Amounts payable within one year | 42/48 | €19,634 | €57,415 | +€37,781 | +192.4% |
| Trade debts | 44 | €12,956 | €15,032 | +€2,076 | +16.0% |
| Suppliers | 440/4 | €12,956 | €15,032 | +€2,076 | +16.0% |
| Advances received on contracts in progress | 46 | €0 | €13,304 | +€13,304 | |
| Taxes, remuneration and social security | 45 | €4,827 | €8,995 | +€4,168 | +86.3% |
| Taxes | 450/3 | €4,827 | €8,995 | +€4,168 | +86.3% |
| Other amounts payable | 47/48 | €1,851 | €20,084 | +€18,233 | +984.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,479 | €4,085 | +€606 | +17.4% |
| Other operating charges | 640/8 | €454 | €912 | +€458 | +100.8% |
| Gross operating margin | 9900 | €21,499 | €72,169 | +€50,670 | +235.7% |
| Operating profit (loss) | 9901 | €17,565 | €67,171 | +€49,606 | +282.4% |
| Financial income | 75/76B | €203 | €59 | -€144 | -70.9% |
| Recurring financial income | 75 | €203 | €59 | -€144 | -70.9% |
| Financial charges | 65/66B | €118 | €158 | +€40 | +33.7% |
| Recurring financial charges | 65 | €118 | €158 | +€40 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €17,650 | €67,072 | +€49,423 | +280.0% |
| Income taxes | 67/77 | €4,520 | €17,614 | +€13,094 | +289.7% |
| Profit (loss) for the period | 9904 | €13,129 | €49,458 | +€36,329 | +276.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,129 | €49,458 | +€36,329 | +276.7% |
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 12 October 2026 via checked.be.