THINK PEOPLE: what changed
THINK PEOPLE
Largest movements
- Receivables within one year -€14,882
down €14,882 (-80.0%), from €18,593 to €3,710
of which Trade receivables: -€13,763
- Cash -€13,916
down €13,916 (-35.0%), from €39,746 to €25,831
mainly Other debts (-€30,628) and Contributions, distributions and other (-€7,261)
- Tangible fixed assets -€715
down €715 (-6.7%), from €10,723 to €10,007
of which Plant, machinery and equipment: -€1,219
- Other debts -€30,628
down €30,628 (-68.7%), from €44,569 to €13,940
- Trade debts +€2,493
up €2,493 (+684%), from €364 to €2,857
- Tax, wage and social debts -€946
down €946 (-17.1%), from €5,542 to €4,596
- Gross operating margin -€41,088
down €41,088 (-72.0%), from €57,076 to €15,988
- Taxes -€9,858
down €9,858 (-69.1%), from €14,264 to €4,406
- Depreciation -€727
down €727 (-22.1%), from €3,291 to €2,564
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,935 | €41,854 | -€29,081 | -41.0% |
| Fixed assets | 21/28 | €10,723 | €10,007 | -€715 | -6.7% |
| Tangible fixed assets | 22/27 | €10,723 | €10,007 | -€715 | -6.7% |
| Plant, machinery and equipment | 23 | €7,229 | €6,010 | -€1,219 | -16.9% |
| Furniture and vehicles | 24 | €3,493 | €3,997 | +€504 | +14.4% |
| Current assets | 29/58 | €60,212 | €31,847 | -€28,366 | -47.1% |
| Stocks and contracts in progress | 3 | €220 | €220 | = | 0.0% |
| Stocks | 30/36 | €220 | €220 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,593 | €3,710 | -€14,882 | -80.0% |
| Trade receivables | 40 | €17,326 | €3,563 | -€13,763 | -79.4% |
| Other amounts receivable | 41 | €1,266 | €147 | -€1,119 | -88.4% |
| Cash at bank and in hand | 54/58 | €39,746 | €25,831 | -€13,916 | -35.0% |
| Deferred charges and accrued income | 490/1 | €1,653 | €2,086 | +€432 | +26.2% |
| Total equity and liabilities | 10/49 | €70,935 | €41,854 | -€29,081 | -41.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| 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% |
| Amounts payable | 17/49 | €50,475 | €21,394 | -€29,081 | -57.6% |
| Amounts payable within one year | 42/48 | €50,475 | €21,394 | -€29,081 | -57.6% |
| Trade debts | 44 | €364 | €2,857 | +€2,493 | +684% |
| Suppliers | 440/4 | €364 | €2,857 | +€2,493 | +684% |
| Taxes, remuneration and social security | 45 | €5,542 | €4,596 | -€946 | -17.1% |
| Taxes | 450/3 | €5,542 | €4,596 | -€946 | -17.1% |
| Other amounts payable | 47/48 | €44,569 | €13,940 | -€30,628 | -68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,291 | €2,564 | -€727 | -22.1% |
| Other operating charges | 640/8 | €365 | €160 | -€205 | -56.2% |
| Gross operating margin | 9900 | €57,076 | €15,988 | -€41,088 | -72.0% |
| Operating profit (loss) | 9901 | €53,420 | €13,263 | -€40,156 | -75.2% |
| Financial income | 75/76B | €100 | €179 | +€79 | +79.1% |
| Recurring financial income | 75 | €100 | €179 | +€79 | +79.1% |
| Financial charges | 65/66B | €1,415 | €1,775 | +€360 | +25.5% |
| Recurring financial charges | 65 | €1,415 | €1,775 | +€360 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €52,104 | €11,667 | -€40,438 | -77.6% |
| Income taxes | 67/77 | €14,264 | €4,406 | -€9,858 | -69.1% |
| Profit (loss) for the period | 9904 | €37,841 | €7,261 | -€30,580 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,841 | €7,261 | -€30,580 | -80.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.