THIJS ERIC: what changed
THIJS ERIC
Largest movements
- Stocks and contracts -€293,665
no longer reported in 2025 (was €293,665)
- Cash +€289,625
up €289,625 (+244%), from €118,861 to €408,487
mainly Stocks and contracts (+€293,665) and Net result for the year (+€203,984)
- Receivables within one year -€125,609
down €125,609 (-34.6%), from €362,896 to €237,287
of which Trade receivables: -€105,857
- Tangible fixed assets -€17,484
down €17,484 (-25.8%), from €67,754 to €50,270
of which Furniture and vehicles: -€15,619
- Trade debts -€271,886
down €271,886 (-98.4%), from €276,440 to €4,554
- Reserves +€203,984
up €203,984 (+50.6%), from €402,899 to €606,883
- Other debts -€29,001
down €29,001 (-42.6%), from €68,013 to €39,012
- Current portion of long-term debt -€16,638
down €16,638 (-56.9%), from €29,258 to €12,620
- Debts after one year -€12,620
down €12,620 (-43.3%), from €29,175 to €16,554
- Staff costs -€183,498
down €183,498 (-56.2%), from €326,500 to €143,001
- Taxes +€57,713
up €57,713 (+396%), from €14,579 to €72,292
- Write-downs -€30,850
no longer reported in 2025 (was €30,850)
- Gross operating margin +€10,839
up €10,839 (+2.5%), from €428,766 to €439,605
- Financial charges -€6,338
down €6,338 (-71.6%), from €8,855 to €2,517
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €845,733 | €698,838 | -€146,895 | -17.4% |
| Fixed assets | 21/28 | €70,311 | €52,827 | -€17,484 | -24.9% |
| Tangible fixed assets | 22/27 | €67,754 | €50,270 | -€17,484 | -25.8% |
| Plant, machinery and equipment | 23 | €1,323 | - | -€1,323 | |
| Furniture and vehicles | 24 | €65,889 | €50,270 | -€15,619 | -23.7% |
| Other tangible fixed assets | 26 | €542 | - | -€542 | |
| Financial fixed assets | 28 | €2,557 | €2,557 | = | 0.0% |
| Current assets | 29/58 | €775,422 | €646,011 | -€129,411 | -16.7% |
| Stocks and contracts in progress | 3 | €293,665 | - | -€293,665 | |
| Contracts in progress | 37 | €293,665 | - | -€293,665 | |
| Amounts receivable within one year | 40/41 | €362,896 | €237,287 | -€125,609 | -34.6% |
| Trade receivables | 40 | €340,485 | €234,628 | -€105,857 | -31.1% |
| Other amounts receivable | 41 | €22,411 | €2,659 | -€19,752 | -88.1% |
| Cash at bank and in hand | 54/58 | €118,861 | €408,487 | +€289,625 | +244% |
| Deferred charges and accrued income | 490/1 | - | €238 | +€238 | |
| Total equity and liabilities | 10/49 | €845,733 | €698,838 | -€146,895 | -17.4% |
| Equity | 10/15 | €421,899 | €625,883 | +€203,984 | +48.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €402,899 | €606,883 | +€203,984 | +50.6% |
| Distributable reserves | 133 | €402,899 | €606,883 | +€203,984 | +50.6% |
| Amounts payable | 17/49 | €423,834 | €72,954 | -€350,879 | -82.8% |
| Amounts payable after more than one year | 17 | €29,175 | €16,554 | -€12,620 | -43.3% |
| Financial debts | 170/4 | €29,175 | €16,554 | -€12,620 | -43.3% |
| Amounts payable within one year | 42/48 | €394,659 | €56,400 | -€338,259 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €29,258 | €12,620 | -€16,638 | -56.9% |
| Financial debts | 43 | €12,557 | - | -€12,557 | |
| Credit institutions | 430/8 | €12,557 | - | -€12,557 | |
| Trade debts | 44 | €276,440 | €4,554 | -€271,886 | -98.4% |
| Suppliers | 440/4 | €276,440 | €4,554 | -€271,886 | -98.4% |
| Taxes, remuneration and social security | 45 | €8,391 | €214 | -€8,178 | -97.5% |
| Taxes | 450/3 | €2,734 | €214 | -€2,520 | -92.2% |
| Remuneration and social security | 454/9 | €5,658 | - | -€5,658 | |
| Other amounts payable | 47/48 | €68,013 | €39,012 | -€29,001 | -42.6% |
| Remuneration, social security and pensions | 62 | €326,500 | €143,001 | -€183,498 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,759 | €16,161 | +€402 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,850 | - | -€30,850 | |
| Other operating charges | 640/8 | €1,565 | €1,858 | +€293 | +18.7% |
| Gross operating margin | 9900 | €428,766 | €439,605 | +€10,839 | +2.5% |
| Operating profit (loss) | 9901 | €54,092 | €278,585 | +€224,492 | +415% |
| Financial income | 75/76B | €79 | €208 | +€128 | +162% |
| Recurring financial income | 75 | €79 | €208 | +€128 | +162% |
| Financial charges | 65/66B | €8,855 | €2,517 | -€6,338 | -71.6% |
| Recurring financial charges | 65 | €8,855 | €2,517 | -€6,338 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €45,317 | €276,276 | +€230,959 | +510% |
| Income taxes | 67/77 | €14,579 | €72,292 | +€57,713 | +396% |
| Profit (loss) for the period | 9904 | €30,737 | €203,984 | +€173,247 | +564% |
| Profit (loss) for the period to be appropriated | 9905 | €30,737 | €203,984 | +€173,247 | +564% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.