ThincrIT: 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.
ThincrIT
Largest movements
- Cash +€42,304
up €42,304 (+110.1%), from €38,432 to €80,737
mainly Net result for the year (+€63,933) and Other debts (+€20,224)
- Receivables within one year -€15,483
down €15,483 (-48.8%), from €31,709 to €16,226
of which Other amounts receivable: -€11,410
- Tangible fixed assets -€4,443
down €4,443 (-22.9%), from €19,424 to €14,981
of which Furniture and vehicles: -€3,648
- Other debts +€20,224
up €20,224 (+30.4%), from €66,500 to €86,724
- Tax, wage and social debts +€1,575
up €1,575 (+2342.9%), from €67 to €1,643
- Trade debts +€1,379
up €1,379 (+196.9%), from €701 to €2,080
- Gross operating margin -€2,165
down €2,165 (-2.4%), from €88,509 to €86,344
- Depreciation +€1,482
up €1,482 (+50.0%), from €2,961 to €4,443
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 | €89,939 | €113,051 | +€23,112 | +25.7% |
| Fixed assets | 21/28 | €19,424 | €14,981 | -€4,443 | -22.9% |
| Tangible fixed assets | 22/27 | €19,424 | €14,981 | -€4,443 | -22.9% |
| Plant, machinery and equipment | 23 | €7,420 | €6,625 | -€795 | -10.7% |
| Furniture and vehicles | 24 | €12,004 | €8,356 | -€3,648 | -30.4% |
| Current assets | 29/58 | €70,515 | €98,070 | +€27,555 | +39.1% |
| Amounts receivable within one year | 40/41 | €31,709 | €16,226 | -€15,483 | -48.8% |
| Trade receivables | 40 | €19,193 | €15,120 | -€4,073 | -21.2% |
| Other amounts receivable | 41 | €12,516 | €1,106 | -€11,410 | -91.2% |
| Cash at bank and in hand | 54/58 | €38,432 | €80,737 | +€42,304 | +110.1% |
| Deferred charges and accrued income | 490/1 | €373 | €1,107 | +€733 | +196.3% |
| Total equity and liabilities | 10/49 | €89,939 | €113,051 | +€23,112 | +25.7% |
| Equity | 10/15 | €22,671 | €22,604 | -€67 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,071 | €4,004 | -€67 | -1.6% |
| Distributable reserves | 133 | €4,071 | €4,004 | -€67 | -1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €67,268 | €90,447 | +€23,179 | +34.5% |
| Amounts payable within one year | 42/48 | €67,268 | €90,447 | +€23,179 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €701 | €2,080 | +€1,379 | +196.9% |
| Suppliers | 440/4 | €701 | €2,080 | +€1,379 | +196.9% |
| Taxes, remuneration and social security | 45 | €67 | €1,643 | +€1,575 | +2342.9% |
| Taxes | 450/3 | €67 | €1,643 | +€1,575 | +2342.9% |
| Other amounts payable | 47/48 | €66,500 | €86,724 | +€20,224 | +30.4% |
| Non-recurring operating income | 76A | €1,600 | €0 | -€1,600 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,961 | €4,443 | +€1,482 | +50.0% |
| Other operating charges | 640/8 | €1,415 | €1,007 | -€409 | -28.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €88,509 | €86,344 | -€2,165 | -2.4% |
| Operating profit (loss) | 9901 | €84,132 | €80,894 | -€3,238 | -3.8% |
| Financial income | 75/76B | €0 | €25 | +€25 | |
| Recurring financial income | 75 | €0 | €25 | +€25 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €146 | €92 | -€53 | -36.6% |
| Recurring financial charges | 65 | €146 | €92 | -€53 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €83,986 | €80,827 | -€3,160 | -3.8% |
| Income taxes | 67/77 | €17,405 | €16,894 | -€511 | -2.9% |
| Profit (loss) for the period | 9904 | €66,582 | €63,933 | -€2,649 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,582 | €63,933 | -€2,649 | -4.0% |
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 5 October 2026 via checked.be.