Thienpont B: 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.
Thienpont B
Largest movements
- Deferred charges and accrued income +€20,853
up €20,853 (+4,127%), from €505 to €21,358
- Receivables within one year -€5,350
down €5,350 (-39.2%), from €13,646 to €8,296
of which Trade receivables: -€5,250
- Cash +€4,330
up €4,330 (+7,496%), from €58 to €4,388
mainly Other debts (+€18,000) and Receivables within one year (+€5,350)
- Other debts +€18,000
up €18,000 (+268%), from €6,710 to €24,710
- Tax, wage and social debts +€1,570
up €1,570 (+263%), from €598 to €2,168
- Trade debts -€671
down €671 (-24.2%), from €2,776 to €2,105
- Profit (loss) carried forward +€653
up €653 (+13.4%), from -€4,880 to -€4,227
- Gross operating margin +€5,689
up €5,689, from -€539 to €5,150
- Taxes +€690
up €690 (+537%), from €128 to €818
- Financial charges +€637
up €637 (+410%), from €155 to €792
- Depreciation +€357
up €357 (+25.0%), from €1,431 to €1,788
- Other operating charges +€166
up €166 (+17.7%), from €933 to €1,099
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 | €20,561 | €40,113 | +€19,552 | +95.1% |
| Fixed assets | 21/28 | €6,352 | €6,071 | -€281 | -4.4% |
| Tangible fixed assets | 22/27 | €6,352 | €6,071 | -€281 | -4.4% |
| Plant, machinery and equipment | 23 | €6,352 | €6,071 | -€281 | -4.4% |
| Current assets | 29/58 | €14,209 | €34,042 | +€19,833 | +140% |
| Amounts receivable within one year | 40/41 | €13,646 | €8,296 | -€5,350 | -39.2% |
| Trade receivables | 40 | €10,500 | €5,250 | -€5,250 | -50.0% |
| Other amounts receivable | 41 | €3,146 | €3,046 | -€100 | -3.2% |
| Cash at bank and in hand | 54/58 | €58 | €4,388 | +€4,330 | +7,496% |
| Deferred charges and accrued income | 490/1 | €505 | €21,358 | +€20,853 | +4,127% |
| Total equity and liabilities | 10/49 | €20,561 | €40,113 | +€19,552 | +95.1% |
| Equity | 10/15 | €10,477 | €11,130 | +€653 | +6.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,958 | €2,958 | = | 0.0% |
| Distributable reserves | 133 | €2,958 | €2,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,880 | -€4,227 | +€653 | +13.4% |
| Amounts payable | 17/49 | €10,083 | €28,982 | +€18,899 | +187% |
| Amounts payable within one year | 42/48 | €10,083 | €28,982 | +€18,899 | +187% |
| Trade debts | 44 | €2,776 | €2,105 | -€671 | -24.2% |
| Suppliers | 440/4 | €2,776 | €2,105 | -€671 | -24.2% |
| Taxes, remuneration and social security | 45 | €598 | €2,168 | +€1,570 | +263% |
| Taxes | 450/3 | €598 | €2,168 | +€1,570 | +263% |
| Other amounts payable | 47/48 | €6,710 | €24,710 | +€18,000 | +268% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,431 | €1,788 | +€357 | +25.0% |
| Other operating charges | 640/8 | €933 | €1,099 | +€166 | +17.7% |
| Gross operating margin | 9900 | -€539 | €5,150 | +€5,689 | |
| Operating profit (loss) | 9901 | -€2,903 | €2,263 | +€5,166 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €155 | €792 | +€637 | +410% |
| Recurring financial charges | 65 | €155 | €792 | +€637 | +410% |
| Profit (loss) for the period before taxes | 9903 | -€3,058 | €1,471 | +€4,529 | |
| Income taxes | 67/77 | €128 | €818 | +€690 | +537% |
| Profit (loss) for the period | 9904 | -€3,186 | €653 | +€3,839 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,186 | €653 | +€3,839 |
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 21 October 2026 via checked.be.