THIKLA: 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.
THIKLA
Largest movements
- Cash -€125,958
down €125,958 (-95.2%), from €132,298 to €6,339
mainly Receivables within one year (-€118,510) and Other debts (-€9,752)
- Receivables within one year +€118,510
up €118,510 (+750%), from €15,792 to €134,302
of which Trade receivables: +€116,119
- Other debts -€9,752
down €9,752 (-16.1%), from €60,442 to €50,689
- Reserves +€5,796
up €5,796 (+9.1%), from €63,591 to €69,387
- Tax, wage and social debts -€4,763
down €4,763 (-34.9%), from €13,647 to €8,884
of which Taxes: -€4,763
- Gross operating margin -€13,339
down €13,339 (-53.7%), from €24,835 to €11,496
- Taxes -€2,992
down €2,992 (-60.9%), from €4,913 to €1,922
- Financial charges +€1,461
up €1,461 (+77.4%), from €1,887 to €3,348
- Depreciation -€347
down €347 (-83.0%), from €418 to €71
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 | €150,464 | €142,364 | -€8,100 | -5.4% |
| Fixed assets | 21/28 | €71 | €0 | -€71 | -100% |
| Tangible fixed assets | 22/27 | €71 | €0 | -€71 | -100% |
| Furniture and vehicles | 24 | €71 | €0 | -€71 | -100% |
| Current assets | 29/58 | €150,393 | €142,364 | -€8,029 | -5.3% |
| Amounts receivable within one year | 40/41 | €15,792 | €134,302 | +€118,510 | +750% |
| Trade receivables | 40 | €15,585 | €131,704 | +€116,119 | +745% |
| Other amounts receivable | 41 | €207 | €2,598 | +€2,391 | +1,156% |
| Cash at bank and in hand | 54/58 | €132,298 | €6,339 | -€125,958 | -95.2% |
| Deferred charges and accrued income | 490/1 | €2,304 | €1,723 | -€581 | -25.2% |
| Total equity and liabilities | 10/49 | €150,464 | €142,364 | -€8,100 | -5.4% |
| Equity | 10/15 | €68,591 | €74,387 | +€5,796 | +8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,591 | €69,387 | +€5,796 | +9.1% |
| Distributable reserves | 133 | €63,591 | €69,387 | +€5,796 | +9.1% |
| Amounts payable | 17/49 | €81,873 | €67,977 | -€13,896 | -17.0% |
| Amounts payable within one year | 42/48 | €79,585 | €64,214 | -€15,371 | -19.3% |
| Trade debts | 44 | €5,496 | €4,641 | -€855 | -15.6% |
| Suppliers | 440/4 | €5,496 | €4,641 | -€855 | -15.6% |
| Taxes, remuneration and social security | 45 | €13,647 | €8,884 | -€4,763 | -34.9% |
| Taxes | 450/3 | €10,797 | €6,034 | -€4,763 | -44.1% |
| Remuneration and social security | 454/9 | €2,850 | €2,850 | = | 0.0% |
| Other amounts payable | 47/48 | €60,442 | €50,689 | -€9,752 | -16.1% |
| Accrued charges and deferred income | 492/3 | €2,288 | €3,763 | +€1,475 | +64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418 | €71 | -€347 | -83.0% |
| Other operating charges | 640/8 | €522 | €567 | +€45 | +8.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €24,835 | €11,496 | -€13,339 | -53.7% |
| Operating profit (loss) | 9901 | €23,895 | €10,858 | -€13,036 | -54.6% |
| Financial income | 75/76B | €0 | €207 | +€207 | |
| Recurring financial income | 75 | €0 | €207 | +€207 | |
| Financial charges | 65/66B | €1,887 | €3,348 | +€1,461 | +77.4% |
| Recurring financial charges | 65 | €1,887 | €3,348 | +€1,461 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €22,007 | €7,717 | -€14,290 | -64.9% |
| Income taxes | 67/77 | €4,913 | €1,922 | -€2,992 | -60.9% |
| Profit (loss) for the period | 9904 | €17,094 | €5,796 | -€11,298 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,094 | €5,796 | -€11,298 | -66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.