ThiJus: 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.
ThiJus
Largest movements
- Receivables within one year +€107,438
up €107,438 (+94.8%), from €113,281 to €220,719
of which Other amounts receivable: +€98,796
- Tangible fixed assets -€24,222
down €24,222 (-29.4%), from €82,396 to €58,173
of which Plant, machinery and equipment: -€18,331
- Cash -€10,185
down €10,185 (-52.6%), from €19,350 to €9,165
mainly Contributions, distributions and other (-€110,000) and Receivables within one year (-€107,438)
- Deferred charges and accrued income +€6,008
up €6,008 (+726.4%), from €827 to €6,835
- Debts after one year -€54,929
down €54,929 (-55.6%), from €98,839 to €43,910
- Short-term financial debts +€54,901
up €54,901 (+55416.3%), from €99 to €55,000
- Profit (loss) carried forward +€30,124
up €30,124, from -€30,124 to €0
- Reserves +€26,169
new in 2025: €26,169
- Trade debts +€24,982
up €24,982 (+95.1%), from €26,272 to €51,254
- Gross operating margin +€259,018
up €259,018 (+236.7%), from €109,425 to €368,443
- Staff costs +€38,521
up €38,521 (+38.2%), from €100,844 to €139,365
- Taxes +€36,675
new in 2025: €36,675
- Other operating charges -€6,405
down €6,405 (-84.1%), from €7,614 to €1,209
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 | €215,854 | €294,892 | +€79,038 | +36.6% |
| Fixed assets | 21/28 | €82,396 | €58,173 | -€24,222 | -29.4% |
| Tangible fixed assets | 22/27 | €82,396 | €58,173 | -€24,222 | -29.4% |
| Plant, machinery and equipment | 23 | €20,926 | €2,596 | -€18,331 | -87.6% |
| Furniture and vehicles | 24 | €10,179 | €6,348 | -€3,831 | -37.6% |
| Other tangible fixed assets | 26 | €51,291 | €49,230 | -€2,060 | -4.0% |
| Current assets | 29/58 | €133,458 | €236,719 | +€103,260 | +77.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €113,281 | €220,719 | +€107,438 | +94.8% |
| Trade receivables | 40 | €5,849 | €14,490 | +€8,641 | +147.7% |
| Other amounts receivable | 41 | €107,432 | €206,229 | +€98,796 | +92.0% |
| Cash at bank and in hand | 54/58 | €19,350 | €9,165 | -€10,185 | -52.6% |
| Deferred charges and accrued income | 490/1 | €827 | €6,835 | +€6,008 | +726.4% |
| Total equity and liabilities | 10/49 | €215,854 | €294,892 | +€79,038 | +36.6% |
| Equity | 10/15 | -€11,524 | €44,769 | +€56,293 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €26,169 | +€26,169 | |
| Distributable reserves | 133 | - | €26,169 | +€26,169 | |
| Profit (loss) carried forward | 14 | -€30,124 | €0 | +€30,124 | |
| Amounts payable | 17/49 | €227,378 | €250,123 | +€22,745 | +10.0% |
| Amounts payable after more than one year | 17 | €98,839 | €43,910 | -€54,929 | -55.6% |
| Financial debts | 170/4 | €98,839 | €43,910 | -€54,929 | -55.6% |
| Amounts payable within one year | 42/48 | €128,539 | €206,055 | +€77,516 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €58,901 | €54,929 | -€3,972 | -6.7% |
| Financial debts | 43 | €99 | €55,000 | +€54,901 | +55416.3% |
| Credit institutions | 430/8 | €99 | €55,000 | +€54,901 | +55416.3% |
| Trade debts | 44 | €26,272 | €51,254 | +€24,982 | +95.1% |
| Suppliers | 440/4 | €26,272 | €51,254 | +€24,982 | +95.1% |
| Taxes, remuneration and social security | 45 | €43,268 | €44,873 | +€1,605 | +3.7% |
| Taxes | 450/3 | €25,761 | €23,243 | -€2,518 | -9.8% |
| Remuneration and social security | 454/9 | €17,507 | €21,630 | +€4,123 | +23.6% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Non-recurring operating income | 76A | - | €147 | +€147 | |
| Remuneration, social security and pensions | 62 | €100,844 | €139,365 | +€38,521 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,470 | €24,222 | -€248 | -1.0% |
| Other operating charges | 640/8 | €7,614 | €1,209 | -€6,405 | -84.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €109,425 | €368,443 | +€259,018 | +236.7% |
| Operating profit (loss) | 9901 | -€23,504 | €203,646 | +€227,150 | |
| Financial income | 75/76B | €6,798 | €8,284 | +€1,487 | +21.9% |
| Recurring financial income | 75 | €6,798 | €8,284 | +€1,487 | +21.9% |
| Financial charges | 65/66B | €10,743 | €8,962 | -€1,781 | -16.6% |
| Recurring financial charges | 65 | €10,743 | €8,962 | -€1,781 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,449 | €202,968 | +€230,417 | |
| Income taxes | 67/77 | - | €36,675 | +€36,675 | |
| Profit (loss) for the period | 9904 | -€27,449 | €166,293 | +€193,743 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,449 | €166,293 | +€193,743 |
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 30 September 2026 via checked.be.