THIJS VERZEKERINGEN: what changed
THIJS VERZEKERINGEN
Largest movements
- Cash +€38,609
up €38,609 (+14.6%), from €264,919 to €303,528
mainly Net result for the year (+€52,885) and Depreciation (+€39,452)
- Tangible fixed assets -€33,617
down €33,617 (-19.3%), from €174,047 to €140,430
of which Furniture and vehicles: -€29,975
- Current investments +€5,922
new in 2025: €5,922
- Tax, wage and social debts +€29,360
up €29,360 (+263%), from €11,159 to €40,519
of which Taxes: +€24,509
- Reserves +€12,885
up €12,885 (+4.1%), from €316,663 to €329,548
- Trade debts -€11,590
down €11,590 (-72.2%), from €16,051 to €4,461
- Debts after one year -€10,079
down €10,079 (-43.5%), from €23,173 to €13,095
- Other debts -€8,880
down €8,880 (-14.1%), from €62,765 to €53,884
- Gross operating margin -€12,328
down €12,328 (-7.7%), from €160,666 to €148,338
- Staff costs +€9,910
up €9,910 (+42.9%), from €23,102 to €33,012
- Taxes -€3,095
down €3,095 (-10.9%), from €28,387 to €25,292
- Depreciation -€1,987
down €1,987 (-4.8%), from €41,438 to €39,452
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 | €458,217 | €470,178 | +€11,961 | +2.6% |
| Fixed assets | 21/28 | €174,047 | €140,430 | -€33,617 | -19.3% |
| Tangible fixed assets | 22/27 | €174,047 | €140,430 | -€33,617 | -19.3% |
| Land and buildings | 22 | €54,233 | €50,591 | -€3,642 | -6.7% |
| Furniture and vehicles | 24 | €119,814 | €89,839 | -€29,975 | -25.0% |
| Current assets | 29/58 | €284,170 | €329,748 | +€45,578 | +16.0% |
| Amounts receivable within one year | 40/41 | €18,133 | €18,751 | +€618 | +3.4% |
| Trade receivables | 40 | €1,844 | €250 | -€1,594 | -86.4% |
| Other amounts receivable | 41 | €16,289 | €18,501 | +€2,212 | +13.6% |
| Current investments | 50/53 | - | €5,922 | +€5,922 | |
| Cash at bank and in hand | 54/58 | €264,919 | €303,528 | +€38,609 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,118 | €1,547 | +€429 | +38.4% |
| Total equity and liabilities | 10/49 | €458,217 | €470,178 | +€11,961 | +2.6% |
| Equity | 10/15 | €335,255 | €348,140 | +€12,885 | +3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €316,663 | €329,548 | +€12,885 | +4.1% |
| Distributable reserves | 133 | €316,663 | €329,548 | +€12,885 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €122,962 | €122,038 | -€924 | -0.8% |
| Amounts payable after more than one year | 17 | €23,173 | €13,095 | -€10,079 | -43.5% |
| Financial debts | 170/4 | €23,173 | €13,095 | -€10,079 | -43.5% |
| Amounts payable within one year | 42/48 | €99,714 | €108,944 | +€9,230 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €9,739 | €10,079 | +€340 | +3.5% |
| Trade debts | 44 | €16,051 | €4,461 | -€11,590 | -72.2% |
| Suppliers | 440/4 | €16,051 | €4,461 | -€11,590 | -72.2% |
| Taxes, remuneration and social security | 45 | €11,159 | €40,519 | +€29,360 | +263% |
| Taxes | 450/3 | €8,401 | €32,910 | +€24,509 | +292% |
| Remuneration and social security | 454/9 | €2,758 | €7,610 | +€4,852 | +176% |
| Other amounts payable | 47/48 | €62,765 | €53,884 | -€8,880 | -14.1% |
| Accrued charges and deferred income | 492/3 | €75 | €0 | -€75 | -100% |
| Non-recurring operating income | 76A | €20,466 | €0 | -€20,466 | -100% |
| Remuneration, social security and pensions | 62 | €23,102 | €33,012 | +€9,910 | +42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,438 | €39,452 | -€1,987 | -4.8% |
| Other operating charges | 640/8 | €780 | €1,574 | +€794 | +102% |
| Gross operating margin | 9900 | €160,666 | €148,338 | -€12,328 | -7.7% |
| Operating profit (loss) | 9901 | €95,346 | €74,300 | -€21,046 | -22.1% |
| Financial income | 75/76B | €6,219 | €6,280 | +€61 | +1.0% |
| Recurring financial income | 75 | €6,219 | €6,280 | +€61 | +1.0% |
| Financial charges | 65/66B | €1,186 | €2,403 | +€1,217 | +103% |
| Recurring financial charges | 65 | €1,186 | €2,403 | +€1,217 | +103% |
| Profit (loss) for the period before taxes | 9903 | €100,379 | €78,177 | -€22,202 | -22.1% |
| Income taxes | 67/77 | €28,387 | €25,292 | -€3,095 | -10.9% |
| Profit (loss) for the period | 9904 | €71,992 | €52,885 | -€19,107 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,992 | €52,885 | -€19,107 | -26.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.