Thinkfield: 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.
Thinkfield
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€31,962
up €31,962 (+67.1%), from €47,653 to €79,615
mainly Current investments (+€75,000) and Receivables within one year (+€13,493)
- Receivables within one year -€13,493
down €13,493 (-39.2%), from €34,454 to €20,960
of which Trade receivables: -€17,326
- Tangible fixed assets -€7,651
down €7,651 (-56.4%), from €13,565 to €5,914
of which Furniture and vehicles: -€5,245
- Profit (loss) carried forward -€48,985
down €48,985 (-44.1%), from €111,127 to €62,142
- Tax, wage and social debts -€19,189
down €19,189 (-55.6%), from €34,490 to €15,301
- Other debts +€2,915
new in 2025: €2,915
- Gross operating margin -€143,695
down €143,695, from €103,102 to -€40,593
- Taxes -€20,071
down €20,071 (-99.3%), from €20,203 to €132
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 | €172,717 | €107,490 | -€65,227 | -37.8% |
| Formation expenses | 20 | €585 | €431 | -€154 | -26.3% |
| Fixed assets | 21/28 | €13,565 | €5,914 | -€7,651 | -56.4% |
| Tangible fixed assets | 22/27 | €13,565 | €5,914 | -€7,651 | -56.4% |
| Furniture and vehicles | 24 | €11,159 | €5,914 | -€5,245 | -47.0% |
| Other tangible fixed assets | 26 | €2,406 | - | -€2,406 | |
| Current assets | 29/58 | €158,567 | €101,144 | -€57,423 | -36.2% |
| Amounts receivable within one year | 40/41 | €34,454 | €20,960 | -€13,493 | -39.2% |
| Trade receivables | 40 | €17,326 | - | -€17,326 | |
| Other amounts receivable | 41 | €17,128 | €20,960 | +€3,832 | +22.4% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €47,653 | €79,615 | +€31,962 | +67.1% |
| Deferred charges and accrued income | 490/1 | €1,460 | €569 | -€891 | -61.0% |
| Total equity and liabilities | 10/49 | €172,717 | €107,490 | -€65,227 | -37.8% |
| Equity | 10/15 | €137,177 | €88,192 | -€48,985 | -35.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,050 | €21,050 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,127 | €62,142 | -€48,985 | -44.1% |
| Amounts payable | 17/49 | €35,539 | €19,298 | -€16,242 | -45.7% |
| Amounts payable within one year | 42/48 | €35,539 | €19,298 | -€16,242 | -45.7% |
| Trade debts | 44 | €1,049 | €1,082 | +€32 | +3.1% |
| Suppliers | 440/4 | €1,049 | €1,082 | +€32 | +3.1% |
| Taxes, remuneration and social security | 45 | €34,490 | €15,301 | -€19,189 | -55.6% |
| Taxes | 450/3 | €34,490 | €15,301 | -€19,189 | -55.6% |
| Other amounts payable | 47/48 | - | €2,915 | +€2,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,835 | €7,804 | +€969 | +14.2% |
| Other operating charges | 640/8 | €1,008 | €516 | -€491 | -48.8% |
| Gross operating margin | 9900 | €103,102 | -€40,593 | -€143,695 | |
| Operating profit (loss) | 9901 | €95,259 | -€48,914 | -€144,173 | |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €57 | €55 | -€1 | -2.1% |
| Recurring financial charges | 65 | €57 | €55 | -€1 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €95,203 | -€48,853 | -€144,056 | |
| Income taxes | 67/77 | €20,203 | €132 | -€20,071 | -99.3% |
| Profit (loss) for the period | 9904 | €74,999 | -€48,985 | -€123,985 | |
| Transfer to tax-exempt reserves | 689 | €21,050 | - | -€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,949 | -€48,985 | -€102,935 |
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.