Thijs Technics: 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.
Thijs Technics
Largest movements
- Receivables within one year -€53,851
down €53,851 (-82.5%), from €65,263 to €11,411
of which Trade receivables: -€62,540
- Cash +€17,142
up €17,142 (+114.1%), from €15,021 to €32,164
mainly Receivables within one year (+€53,851) and Other debts (+€15,441)
- Trade debts -€37,869
down €37,869 (-99.7%), from €37,976 to €107
- Other debts +€15,441
up €15,441 (+41.1%), from €37,545 to €52,986
- Tax, wage and social debts -€12,062
down €12,062 (-98.9%), from €12,194 to €132
of which Taxes: -€9,504
- Profit (loss) carried forward -€2,604
down €2,604 (-21.9%), from -€11,886 to -€14,490
- Gross operating margin -€6,264
down €6,264 (-46.8%), from €13,395 to €7,130
- Taxes +€4,707
new in 2025: €4,707
- Other operating charges +€4,251
up €4,251 (+5366.9%), from €79 to €4,330
- Financial charges +€159
up €159 (+146.5%), from €109 to €268
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 | €80,829 | €43,735 | -€37,094 | -45.9% |
| Fixed assets | 21/28 | €444 | €0 | -€444 | -100.0% |
| Tangible fixed assets | 22/27 | €444 | €0 | -€444 | -100.0% |
| Furniture and vehicles | 24 | €444 | €0 | -€444 | -100.0% |
| Current assets | 29/58 | €80,385 | €43,735 | -€36,650 | -45.6% |
| Amounts receivable within one year | 40/41 | €65,263 | €11,411 | -€53,851 | -82.5% |
| Trade receivables | 40 | €65,263 | €2,722 | -€62,540 | -95.8% |
| Other amounts receivable | 41 | - | €8,689 | +€8,689 | |
| Cash at bank and in hand | 54/58 | €15,021 | €32,164 | +€17,142 | +114.1% |
| Deferred charges and accrued income | 490/1 | €101 | €160 | +€59 | +58.6% |
| Total equity and liabilities | 10/49 | €80,829 | €43,735 | -€37,094 | -45.9% |
| Equity | 10/15 | -€6,886 | -€9,490 | -€2,604 | -37.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,886 | -€14,490 | -€2,604 | -21.9% |
| Amounts payable | 17/49 | €87,715 | €53,225 | -€34,490 | -39.3% |
| Amounts payable within one year | 42/48 | €87,715 | €53,225 | -€34,490 | -39.3% |
| Trade debts | 44 | €37,976 | €107 | -€37,869 | -99.7% |
| Suppliers | 440/4 | €37,976 | €107 | -€37,869 | -99.7% |
| Taxes, remuneration and social security | 45 | €12,194 | €132 | -€12,062 | -98.9% |
| Taxes | 450/3 | €9,636 | €132 | -€9,504 | -98.6% |
| Remuneration and social security | 454/9 | €2,558 | €0 | -€2,558 | -100.0% |
| Other amounts payable | 47/48 | €37,545 | €52,986 | +€15,441 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €444 | -€1 | -0.3% |
| Other operating charges | 640/8 | €79 | €4,330 | +€4,251 | +5366.9% |
| Gross operating margin | 9900 | €13,395 | €7,130 | -€6,264 | -46.8% |
| Operating profit (loss) | 9901 | €12,870 | €2,357 | -€10,514 | -81.7% |
| Financial income | 75/76B | €0 | €14 | +€14 | +6738.1% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +6738.1% |
| Financial charges | 65/66B | €109 | €268 | +€159 | +146.5% |
| Recurring financial charges | 65 | €109 | €268 | +€159 | +146.5% |
| Profit (loss) for the period before taxes | 9903 | €12,762 | €2,103 | -€10,659 | -83.5% |
| Income taxes | 67/77 | - | €4,707 | +€4,707 | |
| Profit (loss) for the period | 9904 | €12,762 | -€2,604 | -€15,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,762 | -€2,604 | -€15,366 |
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 7 October 2026 via checked.be.