Thinck!: 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.
Thinck!
Largest movements
- Cash +€32,931
up €32,931 (+104.9%), from €31,387 to €64,319
mainly Net result for the year (+€31,266) and Tax, wage and social debts (+€5,886)
- Tangible fixed assets +€4,134
up €4,134 (+44.7%), from €9,244 to €13,378
of which Other tangible fixed assets: +€4,257
- Reserves +€31,266
up €31,266 (+52.0%), from €60,182 to €91,448
- Tax, wage and social debts +€5,886
up €5,886 (+148.0%), from €3,976 to €9,862
- Trade debts +€4,291
up €4,291 (+662.9%), from €647 to €4,938
- Other debts -€3,251
down €3,251 (-85.4%), from €3,808 to €556
- Gross operating margin -€1,610
down €1,610 (-3.4%), from €47,587 to €45,977
- Depreciation +€1,359
up €1,359 (+39.7%), from €3,422 to €4,780
- Taxes -€497
down €497 (-5.5%), from €9,108 to €8,612
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 | €71,614 | €109,804 | +€38,190 | +53.3% |
| Fixed assets | 21/28 | €9,244 | €13,378 | +€4,134 | +44.7% |
| Tangible fixed assets | 22/27 | €9,244 | €13,378 | +€4,134 | +44.7% |
| Furniture and vehicles | 24 | €9,244 | €9,121 | -€122 | -1.3% |
| Other tangible fixed assets | 26 | - | €4,257 | +€4,257 | |
| Current assets | 29/58 | €62,370 | €96,426 | +€34,056 | +54.6% |
| Amounts receivable within one year | 40/41 | €29,839 | €30,674 | +€835 | +2.8% |
| Trade receivables | 40 | €29,839 | €30,674 | +€835 | +2.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €31,387 | €64,319 | +€32,931 | +104.9% |
| Deferred charges and accrued income | 490/1 | €1,144 | €1,434 | +€290 | +25.3% |
| Total equity and liabilities | 10/49 | €71,614 | €109,804 | +€38,190 | +53.3% |
| Equity | 10/15 | €63,182 | €94,448 | +€31,266 | +49.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €60,182 | €91,448 | +€31,266 | +52.0% |
| Distributable reserves | 133 | €60,182 | €91,448 | +€31,266 | +52.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,431 | €15,356 | +€6,925 | +82.1% |
| Amounts payable within one year | 42/48 | €8,431 | €15,356 | +€6,925 | +82.1% |
| Trade debts | 44 | €647 | €4,938 | +€4,291 | +662.9% |
| Suppliers | 440/4 | €647 | €4,938 | +€4,291 | +662.9% |
| Taxes, remuneration and social security | 45 | €3,976 | €9,862 | +€5,886 | +148.0% |
| Taxes | 450/3 | €3,976 | €9,862 | +€5,886 | +148.0% |
| Other amounts payable | 47/48 | €3,808 | €556 | -€3,251 | -85.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,422 | €4,780 | +€1,359 | +39.7% |
| Other operating charges | 640/8 | €353 | €271 | -€82 | -23.3% |
| Gross operating margin | 9900 | €47,587 | €45,977 | -€1,610 | -3.4% |
| Operating profit (loss) | 9901 | €43,812 | €40,926 | -€2,886 | -6.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,453 | €1,050 | -€403 | -27.8% |
| Recurring financial charges | 65 | €1,453 | €1,050 | -€403 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €42,360 | €39,877 | -€2,483 | -5.9% |
| Income taxes | 67/77 | €9,108 | €8,612 | -€497 | -5.5% |
| Profit (loss) for the period | 9904 | €33,252 | €31,266 | -€1,986 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,252 | €31,266 | -€1,986 | -6.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.