THIJS CHRIS: 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.
THIJS CHRIS
Largest movements
- Cash +€57,945
up €57,945 (+33.1%), from €175,009 to €232,954
mainly Other debts (+€297,000) and Net result for the year (+€120,807)
- Receivables after one year -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Receivables within one year -€5,149
down €5,149 (-85.5%), from €6,024 to €875
- Other debts +€297,000
up €297,000, from €0 to €297,000
- Reserves -€236,193
down €236,193 (-99.8%), from €236,732 to €539
- Tax, wage and social debts -€21,096
down €21,096 (-53.0%), from €39,773 to €18,677
- Trade debts -€4,276
down €4,276 (-72.1%), from €5,927 to €1,651
- Gross operating margin +€24,457
up €24,457 (+18.8%), from €129,854 to €154,311
- Taxes +€9,174
up €9,174 (+33.6%), from €27,304 to €36,479
- Financial income +€4,409
up €4,409 (+316%), from €1,397 to €5,806
- Financial charges -€2,805
down €2,805 (-84.8%), from €3,306 to €502
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 | €287,887 | €318,952 | +€31,065 | +10.8% |
| Fixed assets | 21/28 | €5,646 | €6,898 | +€1,252 | +22.2% |
| Tangible fixed assets | 22/27 | €5,646 | €6,898 | +€1,252 | +22.2% |
| Land and buildings | 22 | €4,742 | €4,135 | -€607 | -12.8% |
| Plant, machinery and equipment | 23 | €904 | €598 | -€306 | -33.9% |
| Furniture and vehicles | 24 | - | €2,165 | +€2,165 | |
| Current assets | 29/58 | €282,241 | €312,054 | +€29,812 | +10.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Other amounts receivable | 291 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €6,024 | €875 | -€5,149 | -85.5% |
| Trade receivables | 40 | €6,024 | €875 | -€5,149 | -85.5% |
| Cash at bank and in hand | 54/58 | €175,009 | €232,954 | +€57,945 | +33.1% |
| Deferred charges and accrued income | 490/1 | €1,208 | €3,224 | +€2,016 | +167% |
| Total equity and liabilities | 10/49 | €287,887 | €318,952 | +€31,065 | +10.8% |
| Equity | 10/15 | €237,232 | €1,039 | -€236,193 | -99.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €236,732 | €539 | -€236,193 | -99.8% |
| Distributable reserves | 133 | €236,732 | €539 | -€236,193 | -99.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,655 | €317,913 | +€267,258 | +528% |
| Amounts payable after more than one year | 17 | €3,284 | €452 | -€2,831 | -86.2% |
| Other amounts payable | 178/9 | €3,284 | €452 | -€2,831 | -86.2% |
| Amounts payable within one year | 42/48 | €45,700 | €317,328 | +€271,628 | +594% |
| Trade debts | 44 | €5,927 | €1,651 | -€4,276 | -72.1% |
| Suppliers | 440/4 | €5,927 | €1,651 | -€4,276 | -72.1% |
| Taxes, remuneration and social security | 45 | €39,773 | €18,677 | -€21,096 | -53.0% |
| Taxes | 450/3 | €39,773 | €18,677 | -€21,096 | -53.0% |
| Other amounts payable | 47/48 | €0 | €297,000 | +€297,000 | |
| Accrued charges and deferred income | 492/3 | €1,671 | €132 | -€1,539 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €913 | €1,248 | +€335 | +36.7% |
| Other operating charges | 640/8 | €970 | €1,081 | +€111 | +11.4% |
| Gross operating margin | 9900 | €129,854 | €154,311 | +€24,457 | +18.8% |
| Operating profit (loss) | 9901 | €127,970 | €151,982 | +€24,011 | +18.8% |
| Financial income | 75/76B | €1,397 | €5,806 | +€4,409 | +316% |
| Recurring financial income | 75 | €1,397 | €5,806 | +€4,409 | +316% |
| Financial charges | 65/66B | €3,306 | €502 | -€2,805 | -84.8% |
| Recurring financial charges | 65 | €3,306 | €502 | -€2,805 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €126,061 | €157,286 | +€31,225 | +24.8% |
| Income taxes | 67/77 | €27,304 | €36,479 | +€9,174 | +33.6% |
| Profit (loss) for the period | 9904 | €98,756 | €120,807 | +€22,051 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €98,756 | €120,807 | +€22,051 | +22.3% |
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.