THIENPONT: 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.
THIENPONT
Largest movements
- Receivables within one year +€2,887
up €2,887 (+36.2%), from €7,987 to €10,874
of which Other amounts receivable: +€2,445
- Other debts +€1,478
new in 2025: €1,478
- Reserves +€860
up €860 (+2.3%), from €36,801 to €37,661
of which Distributable reserves: +€860
- Gross operating margin -€12,176
down €12,176 (-65.2%), from €18,682 to €6,507
- Taxes -€4,188
down €4,188 (-77.4%), from €5,411 to €1,223
- Financial income -€457
down €457 (-100.0%), from €457 to €0
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 | €57,932 | €60,270 | +€2,339 | +4.0% |
| Fixed assets | 21/28 | €3,656 | €3,656 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,656 | €3,656 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,656 | €3,656 | = | 0.0% |
| Current assets | 29/58 | €54,276 | €56,614 | +€2,339 | +4.3% |
| Amounts receivable within one year | 40/41 | €7,987 | €10,874 | +€2,887 | +36.2% |
| Trade receivables | 40 | €2,066 | €2,508 | +€442 | +21.4% |
| Other amounts receivable | 41 | €5,921 | €8,366 | +€2,445 | +41.3% |
| Cash at bank and in hand | 54/58 | €46,289 | €45,740 | -€549 | -1.2% |
| Total equity and liabilities | 10/49 | €57,932 | €60,270 | +€2,339 | +4.0% |
| Equity | 10/15 | €55,432 | €56,292 | +€861 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,801 | €37,661 | +€860 | +2.3% |
| Non-distributable reserves | 130/1 | €1,881 | €1,881 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,881 | €1,881 | = | 0.0% |
| Distributable reserves | 133 | €34,920 | €35,780 | +€860 | +2.5% |
| Profit (loss) carried forward | 14 | €31 | €31 | +€1 | +2.2% |
| Amounts payable | 17/49 | €2,500 | €3,978 | +€1,478 | +59.1% |
| Amounts payable within one year | 42/48 | €2,500 | €3,978 | +€1,478 | +59.1% |
| Trade debts | 44 | €2,500 | €2,500 | = | 0.0% |
| Suppliers | 440/4 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €1,478 | +€1,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €3,419 | €3,418 | -€1 | 0.0% |
| Gross operating margin | 9900 | €18,682 | €6,507 | -€12,176 | -65.2% |
| Operating profit (loss) | 9901 | €15,263 | €3,089 | -€12,175 | -79.8% |
| Financial income | 75/76B | €457 | €0 | -€457 | -100.0% |
| Recurring financial income | 75 | €457 | €0 | -€457 | -100.0% |
| Financial charges | 65/66B | €137 | €172 | +€35 | +25.7% |
| Recurring financial charges | 65 | €137 | €172 | +€35 | +25.7% |
| Profit (loss) for the period before taxes | 9903 | €15,584 | €2,917 | -€12,667 | -81.3% |
| Income taxes | 67/77 | €5,411 | €1,223 | -€4,188 | -77.4% |
| Profit (loss) for the period | 9904 | €10,173 | €1,694 | -€8,479 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,173 | €1,694 | -€8,479 | -83.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.