THIN ICE FILMS: 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.
THIN ICE FILMS
Largest movements
- Cash -€2,065
down €2,065 (-100.0%), from €2,066 to €1
mainly Net result for the year (-€6,982) and Receivables within one year (-€1,815)
- Receivables within one year +€1,815
up €1,815 (+231%), from €787 to €2,602
- Deferred charges and accrued income -€663
no longer reported in 2025 (was €663)
- Tangible fixed assets -€636
no longer reported in 2025 (was €636)
- Profit (loss) carried forward -€6,982
down €6,982 (-12.5%), from -€55,795 to -€62,777
- Short-term financial debts +€3,264
new in 2025: €3,264
- Other debts +€1,789
up €1,789 (+5.4%), from €33,158 to €34,947
- Tax, wage and social debts +€1,540
new in 2025: €1,540
- Trade debts -€1,161
down €1,161 (-18.3%), from €6,330 to €5,169
- Gross operating margin +€16,049
up €16,049 (+74.1%), from -€21,644 to -€5,595
- Taxes +€4,845
no longer reported in 2025 (was -€4,845)
- Depreciation -€645
down €645 (-50.4%), from €1,282 to €636
- Other operating charges -€558
down €558 (-95.5%), from €584 to €26
- Financial charges +€398
up €398 (+122%), from €326 to €724
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 | €4,152 | €2,602 | -€1,550 | -37.3% |
| Fixed assets | 21/28 | €636 | - | -€636 | |
| Tangible fixed assets | 22/27 | €636 | - | -€636 | |
| Plant, machinery and equipment | 23 | €636 | - | -€636 | |
| Current assets | 29/58 | €3,516 | €2,602 | -€913 | -26.0% |
| Amounts receivable within one year | 40/41 | €787 | €2,602 | +€1,815 | +231% |
| Trade receivables | 40 | €787 | €2,602 | +€1,815 | +231% |
| Cash at bank and in hand | 54/58 | €2,066 | €1 | -€2,065 | -100.0% |
| Deferred charges and accrued income | 490/1 | €663 | - | -€663 | |
| Total equity and liabilities | 10/49 | €4,152 | €2,602 | -€1,550 | -37.3% |
| Equity | 10/15 | -€35,335 | -€42,317 | -€6,982 | -19.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,795 | -€62,777 | -€6,982 | -12.5% |
| Amounts payable | 17/49 | €39,487 | €44,920 | +€5,432 | +13.8% |
| Amounts payable within one year | 42/48 | €39,487 | €44,920 | +€5,432 | +13.8% |
| Financial debts | 43 | - | €3,264 | +€3,264 | |
| Credit institutions | 430/8 | - | €3,264 | +€3,264 | |
| Trade debts | 44 | €6,330 | €5,169 | -€1,161 | -18.3% |
| Suppliers | 440/4 | €6,330 | €5,169 | -€1,161 | -18.3% |
| Taxes, remuneration and social security | 45 | - | €1,540 | +€1,540 | |
| Taxes | 450/3 | - | €1,540 | +€1,540 | |
| Other amounts payable | 47/48 | €33,158 | €34,947 | +€1,789 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,282 | €636 | -€645 | -50.4% |
| Other operating charges | 640/8 | €584 | €26 | -€558 | -95.5% |
| Gross operating margin | 9900 | -€21,644 | -€5,595 | +€16,049 | +74.1% |
| Operating profit (loss) | 9901 | -€23,510 | -€6,258 | +€17,252 | +73.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €326 | €724 | +€398 | +122% |
| Recurring financial charges | 65 | €326 | €724 | +€398 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€23,835 | -€6,982 | +€16,854 | +70.7% |
| Income taxes | 67/77 | -€4,845 | - | +€4,845 | |
| Profit (loss) for the period | 9904 | -€18,991 | -€6,982 | +€12,009 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,991 | -€6,982 | +€12,009 | +63.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.