THIKY: 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.
THIKY
Largest movements
- Tangible fixed assets -€5,812
down €5,812 (-26.5%), from €21,973 to €16,161
of which Furniture and vehicles: -€5,094
- Cash -€5,061
down €5,061 (-44.7%), from €11,310 to €6,249
mainly Net result for the year (-€13,994) and Tax, wage and social debts (-€1,521)
- Receivables within one year +€620
up €620 (+380.8%), from €163 to €783
- Profit (loss) carried forward -€13,994
down €13,994 (-79.0%), from -€17,713 to -€31,707
- Accrued charges and deferred income +€3,261
up €3,261 (+248.4%), from €1,313 to €4,574
- Other debts +€1,600
up €1,600 (+3.4%), from €47,650 to €49,250
- Tax, wage and social debts -€1,521
down €1,521 (-26.8%), from €5,683 to €4,162
of which Remuneration and social security: -€1,100
- Gross operating margin -€5,236
down €5,236, from €1,934 to -€3,303
- Depreciation +€1,090
up €1,090 (+23.1%), from €4,722 to €5,812
- Staff costs +€534
up €534 (+16.5%), from €3,233 to €3,767
- Other operating charges -€133
down €133 (-11.6%), from €1,152 to €1,019
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 | €37,110 | €26,380 | -€10,730 | -28.9% |
| Fixed assets | 21/28 | €21,973 | €16,161 | -€5,812 | -26.5% |
| Tangible fixed assets | 22/27 | €21,973 | €16,161 | -€5,812 | -26.5% |
| Plant, machinery and equipment | 23 | €1,148 | €781 | -€367 | -32.0% |
| Furniture and vehicles | 24 | €19,729 | €14,635 | -€5,094 | -25.8% |
| Other tangible fixed assets | 26 | €1,096 | €745 | -€351 | -32.0% |
| Current assets | 29/58 | €15,137 | €10,219 | -€4,918 | -32.5% |
| Stocks and contracts in progress | 3 | €3,008 | €2,795 | -€214 | -7.1% |
| Stocks | 30/36 | €3,008 | €2,795 | -€214 | -7.1% |
| Amounts receivable within one year | 40/41 | €163 | €783 | +€620 | +380.8% |
| Trade receivables | 40 | €163 | €783 | +€620 | +380.8% |
| Cash at bank and in hand | 54/58 | €11,310 | €6,249 | -€5,061 | -44.7% |
| Deferred charges and accrued income | 490/1 | €656 | €393 | -€263 | -40.2% |
| Total equity and liabilities | 10/49 | €37,110 | €26,380 | -€10,730 | -28.9% |
| Equity | 10/15 | -€17,613 | -€31,607 | -€13,994 | -79.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,713 | -€31,707 | -€13,994 | -79.0% |
| Amounts payable | 17/49 | €54,723 | €57,987 | +€3,264 | +6.0% |
| Amounts payable within one year | 42/48 | €53,410 | €53,412 | +€3 | 0.0% |
| Trade debts | 44 | €76 | - | -€76 | |
| Suppliers | 440/4 | €76 | - | -€76 | |
| Taxes, remuneration and social security | 45 | €5,683 | €4,162 | -€1,521 | -26.8% |
| Taxes | 450/3 | €3,183 | €2,762 | -€421 | -13.2% |
| Remuneration and social security | 454/9 | €2,500 | €1,400 | -€1,100 | -44.0% |
| Other amounts payable | 47/48 | €47,650 | €49,250 | +€1,600 | +3.4% |
| Accrued charges and deferred income | 492/3 | €1,313 | €4,574 | +€3,261 | +248.4% |
| Remuneration, social security and pensions | 62 | €3,233 | €3,767 | +€534 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,722 | €5,812 | +€1,090 | +23.1% |
| Other operating charges | 640/8 | €1,152 | €1,019 | -€133 | -11.6% |
| Gross operating margin | 9900 | €1,934 | -€3,303 | -€5,236 | |
| Operating profit (loss) | 9901 | -€7,174 | -€13,901 | -€6,727 | -93.8% |
| Financial charges | 65/66B | €72 | €93 | +€20 | +28.2% |
| Recurring financial charges | 65 | €72 | €93 | +€20 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,246 | -€13,994 | -€6,748 | -93.1% |
| Profit (loss) for the period | 9904 | -€7,246 | -€13,994 | -€6,748 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,246 | -€13,994 | -€6,748 | -93.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.