ThiMe: 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.
ThiMe
Largest movements
- Cash +€54,073
up €54,073 (+387.5%), from €13,953 to €68,026
mainly Net result for the year (+€53,586) and Tax, wage and social debts (+€18,840)
- Receivables within one year +€24,578
up €24,578 (+92.6%), from €26,534 to €51,111
of which Trade receivables: +€25,633
- Tangible fixed assets -€1,783
down €1,783 (-16.9%), from €10,536 to €8,753
of which Furniture and vehicles: -€1,508
- Reserves +€53,586
up €53,586 (+206.9%), from €25,897 to €79,483
- Tax, wage and social debts +€18,840
up €18,840 (+138.2%), from €13,634 to €32,474
- Trade debts +€8,367
up €8,367 (+75.7%), from €11,059 to €19,426
- Current portion of long-term debt -€3,815
down €3,815 (-48.6%), from €7,849 to €4,034
- Gross operating margin +€48,013
up €48,013 (+166.5%), from €28,836 to €76,848
- Taxes +€10,062
up €10,062 (+170.7%), from €5,895 to €15,957
- Financial charges +€2,087
up €2,087 (+102.3%), from €2,039 to €4,125
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 | €68,522 | €145,390 | +€76,868 | +112.2% |
| Fixed assets | 21/28 | €17,536 | €15,753 | -€1,783 | -10.2% |
| Tangible fixed assets | 22/27 | €10,536 | €8,753 | -€1,783 | -16.9% |
| Furniture and vehicles | 24 | €8,411 | €6,903 | -€1,508 | -17.9% |
| Other tangible fixed assets | 26 | €2,125 | €1,850 | -€274 | -12.9% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €50,986 | €129,637 | +€78,651 | +154.3% |
| Amounts receivable after more than one year | 29 | €10,500 | €10,500 | = | 0.0% |
| Other amounts receivable | 291 | €10,500 | €10,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,534 | €51,111 | +€24,578 | +92.6% |
| Trade receivables | 40 | €22,869 | €48,502 | +€25,633 | +112.1% |
| Other amounts receivable | 41 | €3,665 | €2,610 | -€1,055 | -28.8% |
| Cash at bank and in hand | 54/58 | €13,953 | €68,026 | +€54,073 | +387.5% |
| Total equity and liabilities | 10/49 | €68,522 | €145,390 | +€76,868 | +112.2% |
| Equity | 10/15 | €28,897 | €82,483 | +€53,586 | +185.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,897 | €79,483 | +€53,586 | +206.9% |
| Distributable reserves | 133 | €25,897 | €79,483 | +€53,586 | +206.9% |
| Amounts payable | 17/49 | €39,625 | €62,907 | +€23,282 | +58.8% |
| Amounts payable after more than one year | 17 | €7,083 | €6,974 | -€109 | -1.5% |
| Financial debts | 170/4 | €7,083 | €6,974 | -€109 | -1.5% |
| Amounts payable within one year | 42/48 | €32,541 | €55,933 | +€23,392 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €7,849 | €4,034 | -€3,815 | -48.6% |
| Trade debts | 44 | €11,059 | €19,426 | +€8,367 | +75.7% |
| Suppliers | 440/4 | €11,059 | €19,426 | +€8,367 | +75.7% |
| Taxes, remuneration and social security | 45 | €13,634 | €32,474 | +€18,840 | +138.2% |
| Taxes | 450/3 | €13,634 | €32,474 | +€18,840 | +138.2% |
| Non-recurring operating income | 76A | €15,385 | - | -€15,385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,026 | €1,783 | -€244 | -12.0% |
| Other operating charges | 640/8 | €822 | €1,398 | +€576 | +70.0% |
| Gross operating margin | 9900 | €28,836 | €76,848 | +€48,013 | +166.5% |
| Operating profit (loss) | 9901 | €25,987 | €73,668 | +€47,681 | +183.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2200.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2200.0% |
| Financial charges | 65/66B | €2,039 | €4,125 | +€2,087 | +102.3% |
| Recurring financial charges | 65 | €2,039 | €4,125 | +€2,087 | +102.3% |
| Profit (loss) for the period before taxes | 9903 | €23,948 | €69,543 | +€45,594 | +190.4% |
| Income taxes | 67/77 | €5,895 | €15,957 | +€10,062 | +170.7% |
| Profit (loss) for the period | 9904 | €18,054 | €53,586 | +€35,532 | +196.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,054 | €53,586 | +€35,532 | +196.8% |
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 4 October 2026 via checked.be.