THIKI: 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.
THIKI
Largest movements
- Receivables within one year -€233,811
down €233,811 (-32.2%), from €726,816 to €493,005
of which Other amounts receivable: -€216,674
- Other debts -€217,139
down €217,139 (-43.2%), from €502,606 to €285,467
- Debts after one year -€95,019
down €95,019 (-5.4%), from €1.8m to €1.7m
- Profit (loss) carried forward +€89,939
up €89,939 (+36.2%), from €248,241 to €338,180
- Tax, wage and social debts -€59,225
down €59,225 (-48.6%), from €121,751 to €62,527
of which Taxes: -€62,222
- Gross operating margin -€771,314
down €771,314 (-81.3%), from €949,058 to €177,743
- Depreciation -€214,181
down €214,181 (-91.0%), from €235,484 to €21,303
- Taxes -€85,448
down €85,448 (-75.7%), from €112,895 to €27,447
- Financial charges +€29,650
up €29,650 (+63.4%), from €46,740 to €76,390
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 | €3,145,624 | €2,880,930 | -€264,693 | -8.4% |
| Fixed assets | 21/28 | €2,358,338 | €2,337,034 | -€21,303 | -0.9% |
| Tangible fixed assets | 22/27 | €2,358,338 | €2,337,034 | -€21,303 | -0.9% |
| Land and buildings | 22 | €2,342,615 | €2,327,147 | -€15,468 | -0.7% |
| Plant, machinery and equipment | 23 | €1,373 | €791 | -€581 | -42.4% |
| Furniture and vehicles | 24 | €14,350 | €9,096 | -€5,253 | -36.6% |
| Current assets | 29/58 | €787,286 | €543,896 | -€243,390 | -30.9% |
| Amounts receivable within one year | 40/41 | €726,816 | €493,005 | -€233,811 | -32.2% |
| Trade receivables | 40 | €17,137 | €0 | -€17,137 | -100% |
| Other amounts receivable | 41 | €709,678 | €493,005 | -€216,674 | -30.5% |
| Cash at bank and in hand | 54/58 | €23,644 | €11,085 | -€12,559 | -53.1% |
| Deferred charges and accrued income | 490/1 | €36,826 | €39,807 | +€2,980 | +8.1% |
| Total equity and liabilities | 10/49 | €3,145,624 | €2,880,930 | -€264,693 | -8.4% |
| Equity | 10/15 | €653,904 | €743,843 | +€89,939 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €387,063 | €387,063 | = | 0.0% |
| Distributable reserves | 133 | €387,063 | €387,063 | = | 0.0% |
| Profit (loss) carried forward | 14 | €248,241 | €338,180 | +€89,939 | +36.2% |
| Amounts payable | 17/49 | €2,491,720 | €2,137,088 | -€354,633 | -14.2% |
| Amounts payable after more than one year | 17 | €1,763,619 | €1,668,600 | -€95,019 | -5.4% |
| Financial debts | 170/4 | €1,763,619 | €1,668,600 | -€95,019 | -5.4% |
| Amounts payable within one year | 42/48 | €725,965 | €466,255 | -€259,710 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €87,939 | €91,241 | +€3,301 | +3.8% |
| Trade debts | 44 | €13,668 | €27,020 | +€13,352 | +97.7% |
| Suppliers | 440/4 | €13,668 | €27,020 | +€13,352 | +97.7% |
| Taxes, remuneration and social security | 45 | €121,751 | €62,527 | -€59,225 | -48.6% |
| Taxes | 450/3 | €121,751 | €59,529 | -€62,222 | -51.1% |
| Remuneration and social security | 454/9 | €0 | €2,997 | +€2,997 | |
| Other amounts payable | 47/48 | €502,606 | €285,467 | -€217,139 | -43.2% |
| Accrued charges and deferred income | 492/3 | €2,136 | €2,233 | +€97 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €235,484 | €21,303 | -€214,181 | -91.0% |
| Other operating charges | 640/8 | €4,131 | €5,002 | +€871 | +21.1% |
| Gross operating margin | 9900 | €949,058 | €177,743 | -€771,314 | -81.3% |
| Operating profit (loss) | 9901 | €709,442 | €151,438 | -€558,004 | -78.7% |
| Financial income | 75/76B | €36,826 | €42,338 | +€5,512 | +15.0% |
| Recurring financial income | 75 | €36,826 | €42,338 | +€5,512 | +15.0% |
| Financial charges | 65/66B | €46,740 | €76,390 | +€29,650 | +63.4% |
| Recurring financial charges | 65 | €46,740 | €76,390 | +€29,650 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | €699,529 | €117,386 | -€582,142 | -83.2% |
| Income taxes | 67/77 | €112,895 | €27,447 | -€85,448 | -75.7% |
| Profit (loss) for the period | 9904 | €586,634 | €89,939 | -€496,694 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €586,634 | €89,939 | -€496,694 | -84.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.