THINK2ACT ENERGY & MATERIALS: 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.
What changed
THINK2ACT ENERGY & MATERIALS
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,586
2024 · €2,686+€900
Equity
€38.4m
2024 · €38.4m+€3,586
Cash
€7,735
2024 · €137,436-€129,701
Balance sheet total
€42.4m
2024 · €41.1m+€1.3m
Largest movements
Assets
- Financial fixed assets +€2.8m
up €2.8m (+7.3%), from €37.9m to €40.6m
of which Affiliated companies: +€2.8m
- Current investments -€1.4m
down €1.4m (-100%), from €1.4m to €0
Equity and liabilities
- Debts after one year +€1.1m
up €1.1m (+46.7%), from €2.2m to €3.3m
Income statement
- Services and other goods -€26,639
down €26,639 (-2.0%), from €1.3m to €1.3m
- Staff costs +€18,746
up €18,746 (+49.0%), from €38,282 to €57,027
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.
Result 2024
€2,686
Turnover
-€3,954
Other operating income
+€1,418
Services and other goods
+€26,639
Staff costs
-€18,746
Other operating charges
+€211
Financial income
-€327
Financial charges
-€4,327
Taxes
-€14
Result 2025
€3,586
raises the resultlowers the result
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.
From operations
+€170,299
Investment
-€1.4m
Financing
+€1.1m
Cash 2024
€137,436
From operations (derived)
+€170,299
Net result for the year
+€3,586
Receivables within one year
-€30,365
Smaller working-capital items
+€579
Accrued charges and deferred income
+€196,500
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€2.8m
Current investments
+€1.4m
Financing
+€1.1m
Debts after one year
+€1.1m
Cash 2025
€7,735
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,132,366 | €42,383,186 | +€1.3m | +3.0% |
| Fixed assets | 21/28 | €37,894,380 | €40,644,380 | +€2.8m | +7.3% |
| Financial fixed assets | 28 | €37,894,380 | €40,644,380 | +€2.8m | +7.3% |
| Affiliated companies | 280/1 | €37,081,380 | €39,831,380 | +€2.8m | +7.4% |
| Participating interests | 280 | €36,231,380 | €36,231,380 | = | 0.0% |
| Amounts receivable | 281 | €850,000 | €3,600,000 | +€2.8m | +324% |
| Other financial fixed assets | 284/8 | €813,000 | €813,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €813,000 | €813,000 | = | 0.0% |
| Current assets | 29/58 | €3,237,986 | €1,738,806 | -€1.5m | -46.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,695,881 | €1,726,246 | +€30,365 | +1.8% |
| Trade receivables | 40 | €553,175 | €431,016 | -€122,159 | -22.1% |
| Other amounts receivable | 41 | €1,142,706 | €1,295,231 | +€152,524 | +13.3% |
| Current investments | 50/53 | €1,400,000 | €0 | -€1.4m | -100% |
| Other investments | 51/53 | €1,400,000 | €0 | -€1.4m | -100% |
| Cash at bank and in hand | 54/58 | €137,436 | €7,735 | -€129,701 | -94.4% |
| Deferred charges and accrued income | 490/1 | €4,669 | €4,825 | +€156 | +3.3% |
| Total equity and liabilities | 10/49 | €41,132,366 | €42,383,186 | +€1.3m | +3.0% |
| Equity | 10/15 | €38,371,246 | €38,374,831 | +€3,586 | 0.0% |
| Contributions | 10/11 | €34,752,321 | €34,752,321 | = | 0.0% |
| Capital | 10 | €34,752,321 | €34,752,321 | = | 0.0% |
| Issued capital | 100 | €34,752,321 | €34,752,321 | = | 0.0% |
| Reserves | 13 | €416,354 | €416,534 | +€179 | 0.0% |
| Non-distributable reserves | 130/1 | €388,214 | €388,394 | +€179 | 0.0% |
| Legal reserve | 130 | €388,214 | €388,394 | +€179 | 0.0% |
| Distributable reserves | 133 | €28,140 | €28,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,202,570 | €3,205,977 | +€3,406 | +0.1% |
| Amounts payable | 17/49 | €2,761,120 | €4,008,355 | +€1.2m | +45.2% |
| Amounts payable after more than one year | 17 | €2,249,999 | €3,299,999 | +€1.1m | +46.7% |
| Other amounts payable | 178/9 | €2,249,999 | €3,299,999 | +€1.1m | +46.7% |
| Amounts payable within one year | 42/48 | €399,792 | €400,528 | +€735 | +0.2% |
| Trade debts | 44 | €167,454 | €166,282 | -€1,171 | -0.7% |
| Suppliers | 440/4 | €167,454 | €166,282 | -€1,171 | -0.7% |
| Taxes, remuneration and social security | 45 | €4,839 | €6,745 | +€1,907 | +39.4% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,839 | €6,745 | +€1,907 | +39.4% |
| Other amounts payable | 47/48 | €227,500 | €227,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €111,329 | €307,828 | +€196,500 | +177% |
| Operating income | 70/76A | €1,414,441 | €1,411,905 | -€2,536 | -0.2% |
| Turnover | 70 | €1,405,096 | €1,401,142 | -€3,954 | -0.3% |
| Other operating income | 74 | €9,345 | €10,763 | +€1,418 | +15.2% |
| Operating charges | 60/66A | €1,366,595 | €1,358,491 | -€8,104 | -0.6% |
| Services and other goods | 61 | €1,326,395 | €1,299,756 | -€26,639 | -2.0% |
| Remuneration, social security and pensions | 62 | €38,282 | €57,027 | +€18,746 | +49.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,919 | €1,707 | -€211 | -11.0% |
| Operating profit (loss) | 9901 | €47,846 | €53,414 | +€5,568 | +11.6% |
| Financial income | 75/76B | €147,755 | €147,428 | -€327 | -0.2% |
| Recurring financial income | 75 | €147,755 | €147,428 | -€327 | -0.2% |
| Income from financial fixed assets | 750 | €143,707 | €144,833 | +€1,126 | +0.8% |
| Income from current assets | 751 | €4,047 | €2,595 | -€1,452 | -35.9% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €192,929 | €197,257 | +€4,327 | +2.2% |
| Recurring financial charges | 65 | €192,929 | €197,257 | +€4,327 | +2.2% |
| Debt charges | 650 | €191,747 | €196,500 | +€4,752 | +2.5% |
| Other financial charges | 652/9 | €1,182 | €757 | -€425 | -36.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €2,671 | €3,586 | +€914 | +34.2% |
| Income taxes | 67/77 | -€14 | €0 | +€14 | |
| Taxes | 670/3 | €0 | - | = | |
| Tax adjustments and reversals of tax provisions | 77 | €14 | €0 | -€14 | -100% |
| Profit (loss) for the period | 9904 | €2,686 | €3,586 | +€900 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,686 | €3,586 | +€900 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.