Thinkerbell: 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.
What changed
Thinkerbell
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€106,888
2024 · €132,172-€25,284
Equity
€2.0m
2024 · €1.9m+€106,888
Cash
€554,187
2024 · €179,700+€374,486
Balance sheet total
€7.0m
2024 · €6.0m+€994,561
Largest movements
Assets
- Stocks and contracts +€505,722
up €505,722 (+19.6%), from €2.6m to €3.1m
of which Contracts in progress: +€502,503
- Cash +€374,486
up €374,486 (+208.4%), from €179,700 to €554,187
mainly Trade debts (+€570,677) and Short-term financial debts (+€438,842)
- Receivables within one year +€187,256
up €187,256 (+6.2%), from €3.0m to €3.2m
of which Other amounts receivable: +€165,487
Equity and liabilities
- Trade debts +€570,677
up €570,677 (+19.8%), from €2.9m to €3.5m
- Short-term financial debts +€438,842
up €438,842 (+50.6%), from €866,498 to €1.3m
- Tax, wage and social debts -€190,042
down €190,042 (-60.7%), from €312,906 to €122,865
of which Taxes: -€119,730
- Profit (loss) carried forward +€106,888
up €106,888 (+353.9%), from €30,200 to €137,088
Income statement
- Goods and materials +€546,552
up €546,552 (+8.7%), from €6.3m to €6.8m
of which Purchases: +€503,471
- Turnover -€382,151
down €382,151 (-3.9%), from €9.8m to €9.4m
- Services and other goods -€164,238
down €164,238 (-9.0%), from €1.8m to €1.7m
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
€132,172
Turnover
-€382,151
Other operating income
-€34,589
Goods and materials
-€546,552
Services and other goods
+€164,238
Staff costs
+€53,742
Depreciation
-€845
Write-downs
-€21,828
Other operating charges
+€15,148
Other operating items
+€679,432
Financial income
-€3,646
Financial charges
+€36,537
Taxes
+€15,230
Result 2025
€106,888
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.
From operations
-€71,549
Investment
+€7,193
Financing
+€438,842
Cash 2024
€179,700
From operations (derived)
-€71,549
Net result for the year
+€106,888
Depreciation
+€61,292
Stocks and contracts
-€505,722
Receivables within one year
-€187,256
Deferred charges and accrued income
+€4,418
Trade debts
+€570,677
Tax, wage and social debts
-€190,042
Accrued charges and deferred income
+€68,195
Investment (derived)
+€7,193
Investment in fixed assets (net)
+€7,193
Financing
+€438,842
Short-term financial debts
+€438,842
Cash 2025
€554,187
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,011,586 | €7,006,147 | +€994,561 | +16.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €207,092 | €138,607 | -€68,485 | -33.1% |
| Intangible fixed assets | 21 | €39,898 | €25,727 | -€14,171 | -35.5% |
| Tangible fixed assets | 22/27 | €164,398 | €110,084 | -€54,314 | -33.0% |
| Land and buildings | 22 | €19,594 | €18,528 | -€1,065 | -5.4% |
| Plant, machinery and equipment | 23 | €88,416 | €82,961 | -€5,455 | -6.2% |
| Furniture and vehicles | 24 | €54,892 | €7,662 | -€47,230 | -86.0% |
| Other tangible fixed assets | 26 | €1,496 | €932 | -€564 | -37.7% |
| Financial fixed assets | 28 | €2,796 | €2,796 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,796 | €2,796 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,796 | €2,796 | = | 0.0% |
| Current assets | 29/58 | €5,804,494 | €6,867,540 | +€1.1m | +18.3% |
| Stocks and contracts in progress | 3 | €2,577,656 | €3,083,378 | +€505,722 | +19.6% |
| Stocks | 30/36 | €284,013 | €287,232 | +€3,219 | +1.1% |
| Raw materials and consumables | 30/31 | €284,013 | €287,232 | +€3,219 | +1.1% |
| Contracts in progress | 37 | €2,293,643 | €2,796,146 | +€502,503 | +21.9% |
| Amounts receivable within one year | 40/41 | €3,023,177 | €3,210,433 | +€187,256 | +6.2% |
| Trade receivables | 40 | €2,647,992 | €2,669,762 | +€21,769 | +0.8% |
| Other amounts receivable | 41 | €375,184 | €540,671 | +€165,487 | +44.1% |
| Cash at bank and in hand | 54/58 | €179,700 | €554,187 | +€374,486 | +208.4% |
| Deferred charges and accrued income | 490/1 | €23,961 | €19,543 | -€4,418 | -18.4% |
| Total equity and liabilities | 10/49 | €6,011,586 | €7,006,147 | +€994,561 | +16.5% |
| Equity | 10/15 | €1,925,177 | €2,032,064 | +€106,888 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,832,976 | €1,832,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,776 | €1,776 | = | 0.0% |
| Distributable reserves | 133 | €1,825,000 | €1,825,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,200 | €137,088 | +€106,888 | +353.9% |
| Amounts payable | 17/49 | €4,086,410 | €4,974,082 | +€887,673 | +21.7% |
| Amounts payable within one year | 42/48 | €4,065,323 | €4,884,801 | +€819,478 | +20.2% |
| Financial debts | 43 | €866,498 | €1,305,340 | +€438,842 | +50.6% |
| Credit institutions | 430/8 | €866,498 | €1,305,340 | +€438,842 | +50.6% |
| Trade debts | 44 | €2,885,919 | €3,456,596 | +€570,677 | +19.8% |
| Suppliers | 440/4 | €2,885,919 | €3,456,596 | +€570,677 | +19.8% |
| Taxes, remuneration and social security | 45 | €312,906 | €122,865 | -€190,042 | -60.7% |
| Taxes | 450/3 | €126,642 | €6,912 | -€119,730 | -94.5% |
| Remuneration and social security | 454/9 | €186,264 | €115,953 | -€70,311 | -37.7% |
| Accrued charges and deferred income | 492/3 | €21,087 | €89,281 | +€68,195 | +323.4% |
| Operating income | 70/76A | €9,731,777 | €9,996,206 | +€264,429 | +2.7% |
| Turnover | 70 | €9,798,986 | €9,416,835 | -€382,151 | -3.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€186,811 | €502,503 | +€689,314 | |
| Other operating income | 74 | €111,458 | €76,869 | -€34,589 | -31.0% |
| Non-recurring operating income | 76A | €8,145 | - | -€8,145 | |
| Operating charges | 60/66A | €9,392,365 | €9,730,199 | +€337,834 | +3.6% |
| Goods for resale, raw materials and consumables | 60 | €6,299,364 | €6,845,916 | +€546,552 | +8.7% |
| Purchases | 600/8 | €6,345,665 | €6,849,136 | +€503,471 | +7.9% |
| Change in stocks: decrease (increase) | 609 | -€46,300 | -€3,219 | +€43,081 | +93.0% |
| Services and other goods | 61 | €1,826,636 | €1,662,398 | -€164,238 | -9.0% |
| Remuneration, social security and pensions | 62 | €1,204,838 | €1,151,096 | -€53,742 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,447 | €61,292 | +€845 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,828 | - | +€21,828 | |
| Other operating charges | 640/8 | €22,908 | €7,760 | -€15,148 | -66.1% |
| Non-recurring operating charges | 66A | - | €1,737 | +€1,737 | |
| Operating profit (loss) | 9901 | €339,412 | €266,007 | -€73,405 | -21.6% |
| Financial income | 75/76B | €3,646 | €0 | -€3,646 | -100.0% |
| Recurring financial income | 75 | €3,443 | €0 | -€3,443 | -100.0% |
| Other financial income | 752/9 | €3,443 | €0 | -€3,443 | -100.0% |
| Non-recurring financial income | 76B | €204 | €0 | -€204 | -100.0% |
| Financial charges | 65/66B | €152,120 | €115,583 | -€36,537 | -24.0% |
| Recurring financial charges | 65 | €150,559 | €115,583 | -€34,976 | -23.2% |
| Debt charges | 650 | €78,059 | €26,909 | -€51,150 | -65.5% |
| Other financial charges | 652/9 | €72,500 | €88,674 | +€16,174 | +22.3% |
| Non-recurring financial charges | 66B | €1,561 | - | -€1,561 | |
| Profit (loss) for the period before taxes | 9903 | €190,938 | €150,424 | -€40,515 | -21.2% |
| Income taxes | 67/77 | €58,766 | €43,536 | -€15,230 | -25.9% |
| Taxes | 670/3 | €58,766 | €44,162 | -€14,604 | -24.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €626 | +€626 | |
| Profit (loss) for the period | 9904 | €132,172 | €106,888 | -€25,284 | -19.1% |
| Transfer from tax-exempt reserves | 789 | €421,000 | - | -€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €553,172 | €106,888 | -€446,284 | -80.7% |
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.