THIMAT CONSULTING: 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.
THIMAT CONSULTING
Largest movements
- Tangible fixed assets -€15,893
down €15,893 (-48.8%), from €32,591 to €16,698
- Receivables within one year +€9,547
up €9,547 (+2106.4%), from €453 to €10,000
of which Trade receivables: +€10,000
- Cash +€1,291
up €1,291 (+78.2%), from €1,651 to €2,942
mainly Depreciation (+€15,893) and Other debts (+€8,006)
- Deferred charges and accrued income +€415
up €415 (+56.9%), from €729 to €1,144
- Debts after one year -€14,118
down €14,118 (-100.0%), from €14,118 to €0
- Other debts +€8,006
up €8,006 (+45.1%), from €17,760 to €25,767
- Current portion of long-term debt -€2,501
down €2,501 (-13.7%), from €18,244 to €15,743
- Profit (loss) carried forward +€2,313
up €2,313 (+10.1%), from -€22,995 to -€20,683
- Tax, wage and social debts +€1,938
up €1,938 (+73.2%), from €2,646 to €4,584
- Gross operating margin +€772
up €772 (+2.7%), from €28,679 to €29,451
- Financial charges -€687
down €687 (-13.2%), from €5,207 to €4,520
- Staff costs +€518
new in 2025: €518
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 | €35,424 | €30,784 | -€4,640 | -13.1% |
| Fixed assets | 21/28 | €32,591 | €16,698 | -€15,893 | -48.8% |
| Tangible fixed assets | 22/27 | €32,591 | €16,698 | -€15,893 | -48.8% |
| Furniture and vehicles | 24 | €32,591 | €16,698 | -€15,893 | -48.8% |
| Current assets | 29/58 | €2,833 | €14,086 | +€11,253 | +397.2% |
| Amounts receivable within one year | 40/41 | €453 | €10,000 | +€9,547 | +2106.4% |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €453 | €0 | -€453 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,651 | €2,942 | +€1,291 | +78.2% |
| Deferred charges and accrued income | 490/1 | €729 | €1,144 | +€415 | +56.9% |
| Total equity and liabilities | 10/49 | €35,424 | €30,784 | -€4,640 | -13.1% |
| Equity | 10/15 | -€20,995 | -€18,683 | +€2,313 | +11.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,995 | -€20,683 | +€2,313 | +10.1% |
| Amounts payable | 17/49 | €56,419 | €49,467 | -€6,952 | -12.3% |
| Amounts payable after more than one year | 17 | €14,118 | €0 | -€14,118 | -100.0% |
| Financial debts | 170/4 | €14,118 | €0 | -€14,118 | -100.0% |
| Amounts payable within one year | 42/48 | €42,301 | €49,467 | +€7,166 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €18,244 | €15,743 | -€2,501 | -13.7% |
| Financial debts | 43 | €73 | €65 | -€8 | -11.2% |
| Credit institutions | 430/8 | €73 | €65 | -€8 | -11.2% |
| Trade debts | 44 | €3,577 | €3,308 | -€269 | -7.5% |
| Suppliers | 440/4 | €3,577 | €3,308 | -€269 | -7.5% |
| Taxes, remuneration and social security | 45 | €2,646 | €4,584 | +€1,938 | +73.2% |
| Taxes | 450/3 | €2,646 | €4,584 | +€1,938 | +73.2% |
| Other amounts payable | 47/48 | €17,760 | €25,767 | +€8,006 | +45.1% |
| Remuneration, social security and pensions | 62 | - | €518 | +€518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,893 | €15,893 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,480 | €1,443 | -€37 | -2.5% |
| Gross operating margin | 9900 | €28,679 | €29,451 | +€772 | +2.7% |
| Operating profit (loss) | 9901 | €11,307 | €11,597 | +€290 | +2.6% |
| Financial income | 75/76B | €27 | €63 | +€36 | +131.8% |
| Recurring financial income | 75 | €27 | €63 | +€36 | +131.8% |
| Financial charges | 65/66B | €5,207 | €4,520 | -€687 | -13.2% |
| Recurring financial charges | 65 | €5,207 | €4,520 | -€687 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €6,128 | €7,141 | +€1,013 | +16.5% |
| Income taxes | 67/77 | €4,903 | €4,828 | -€75 | -1.5% |
| Profit (loss) for the period | 9904 | €1,225 | €2,313 | +€1,088 | +88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,225 | €2,313 | +€1,088 | +88.8% |
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 8 October 2026 via checked.be.