THINK4YOU: 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.
THINK4YOU
Largest movements
- Cash +€63,001
up €63,001 (+3190.9%), from €1,974 to €64,976
mainly Other debts (+€28,837) and Receivables within one year (+€28,008)
- Receivables within one year -€28,008
down €28,008 (-76.8%), from €36,452 to €8,445
of which Trade receivables: -€24,764
- Tangible fixed assets -€18,308
down €18,308 (-37.6%), from €48,707 to €30,399
- Other debts +€28,837
up €28,837 (+51.3%), from €56,249 to €85,086
- Tax, wage and social debts -€12,562
down €12,562 (-46.6%), from €26,931 to €14,369
of which Taxes: -€7,562
- Trade debts +€1,094
up €1,094 (+37.1%), from €2,946 to €4,040
- Financial charges +€73,473
up €73,473 (+6221.6%), from €1,181 to €74,654
- Gross operating margin +€28,613
up €28,613 (+31.9%), from €89,801 to €118,413
- Taxes -€9,530
down €9,530 (-58.7%), from €16,245 to €6,714
- Depreciation +€7,531
up €7,531 (+63.0%), from €11,955 to €19,487
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 | €90,259 | €107,628 | +€17,370 | +19.2% |
| Fixed assets | 21/28 | €51,832 | €33,524 | -€18,308 | -35.3% |
| Tangible fixed assets | 22/27 | €48,707 | €30,399 | -€18,308 | -37.6% |
| Furniture and vehicles | 24 | €48,707 | €30,399 | -€18,308 | -37.6% |
| Financial fixed assets | 28 | €3,125 | €3,125 | = | 0.0% |
| Current assets | 29/58 | €38,427 | €74,105 | +€35,678 | +92.8% |
| Amounts receivable within one year | 40/41 | €36,452 | €8,445 | -€28,008 | -76.8% |
| Trade receivables | 40 | €32,174 | €7,410 | -€24,764 | -77.0% |
| Other amounts receivable | 41 | €4,278 | €1,035 | -€3,244 | -75.8% |
| Cash at bank and in hand | 54/58 | €1,974 | €64,976 | +€63,001 | +3190.9% |
| Deferred charges and accrued income | 490/1 | - | €684 | +€684 | |
| Total equity and liabilities | 10/49 | €90,259 | €107,628 | +€17,370 | +19.2% |
| Equity | 10/15 | €4,133 | €4,133 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €4,033 | €4,033 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,033 | €4,033 | = | 0.0% |
| Amounts payable | 17/49 | €86,125 | €103,495 | +€17,370 | +20.2% |
| Amounts payable within one year | 42/48 | €86,125 | €103,495 | +€17,370 | +20.2% |
| Trade debts | 44 | €2,946 | €4,040 | +€1,094 | +37.1% |
| Suppliers | 440/4 | €2,946 | €4,040 | +€1,094 | +37.1% |
| Taxes, remuneration and social security | 45 | €26,931 | €14,369 | -€12,562 | -46.6% |
| Taxes | 450/3 | €21,931 | €14,369 | -€7,562 | -34.5% |
| Remuneration and social security | 454/9 | €5,000 | - | -€5,000 | |
| Other amounts payable | 47/48 | €56,249 | €85,086 | +€28,837 | +51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,955 | €19,487 | +€7,531 | +63.0% |
| Other operating charges | 640/8 | €652 | €665 | +€13 | +2.0% |
| Gross operating margin | 9900 | €89,801 | €118,413 | +€28,613 | +31.9% |
| Operating profit (loss) | 9901 | €77,193 | €98,262 | +€21,068 | +27.3% |
| Financial income | 75/76B | - | €143 | +€143 | |
| Recurring financial income | 75 | - | €143 | +€143 | |
| Financial charges | 65/66B | €1,181 | €74,654 | +€73,473 | +6221.6% |
| Recurring financial charges | 65 | €1,181 | €74,654 | +€73,473 | +6221.6% |
| Profit (loss) for the period before taxes | 9903 | €76,012 | €23,751 | -€52,262 | -68.8% |
| Income taxes | 67/77 | €16,245 | €6,714 | -€9,530 | -58.7% |
| Profit (loss) for the period | 9904 | €59,768 | €17,036 | -€42,731 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €59,768 | €17,036 | -€42,731 | -71.5% |
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 29 September 2026 via checked.be.