THIMCO - VASTGOED: 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.
THIMCO - VASTGOED
Largest movements
- Cash -€7,764
down €7,764 (-72.7%), from €10,676 to €2,912
mainly Net result for the year (-€8,774) and Tax, wage and social debts (-€24)
- Receivables within one year -€974
down €974 (-5.8%), from €16,791 to €15,817
of which Trade receivables: -€566
- Profit (loss) carried forward -€8,774
down €8,774 (-25.4%), from -€34,570 to -€43,344
- Gross operating margin +€13,214
up €13,214 (+61.2%), from -€21,592 to -€8,379
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 | €27,467 | €18,730 | -€8,738 | -31.8% |
| Current assets | 29/58 | €27,467 | €18,730 | -€8,738 | -31.8% |
| Amounts receivable within one year | 40/41 | €16,791 | €15,817 | -€974 | -5.8% |
| Trade receivables | 40 | €566 | - | -€566 | |
| Other amounts receivable | 41 | €16,225 | €15,817 | -€408 | -2.5% |
| Cash at bank and in hand | 54/58 | €10,676 | €2,912 | -€7,764 | -72.7% |
| Total equity and liabilities | 10/49 | €27,467 | €18,730 | -€8,738 | -31.8% |
| Equity | 10/15 | €27,430 | €18,656 | -€8,774 | -32.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,570 | -€43,344 | -€8,774 | -25.4% |
| Amounts payable | 17/49 | €38 | €74 | +€36 | +95.9% |
| Amounts payable within one year | 42/48 | €38 | €74 | +€36 | +95.9% |
| Trade debts | 44 | €14 | €74 | +€61 | +449% |
| Suppliers | 440/4 | €14 | €74 | +€61 | +449% |
| Taxes, remuneration and social security | 45 | €24 | - | -€24 | |
| Taxes | 450/3 | €24 | - | -€24 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€21,592 | -€8,379 | +€13,214 | +61.2% |
| Operating profit (loss) | 9901 | -€22,098 | -€8,898 | +€13,199 | +59.7% |
| Financial income | 75/76B | €885 | €834 | -€51 | -5.7% |
| Recurring financial income | 75 | €885 | €834 | -€51 | -5.7% |
| Financial charges | 65/66B | €661 | €710 | +€49 | +7.4% |
| Recurring financial charges | 65 | €661 | €710 | +€49 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,874 | -€8,774 | +€13,100 | +59.9% |
| Profit (loss) for the period | 9904 | -€21,874 | -€8,774 | +€13,100 | +59.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,874 | -€8,774 | +€13,100 | +59.9% |
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 23 October 2026 via checked.be.