THINKFIN: 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.
THINKFIN
Largest movements
- Receivables within one year -€808
down €808 (-27.2%), from €2,970 to €2,162
of which Trade receivables: -€505
- Intangible fixed assets -€200
down €200 (-44.3%), from €452 to €252
- Cash -€162
down €162 (-89.9%), from €181 to €18
mainly Net result for the year (-€2,386) and Tax, wage and social debts (-€4)
- Profit (loss) carried forward -€2,386
down €2,386 (-31.0%), from -€7,693 to -€10,079
- Trade debts +€1,132
up €1,132 (+87.7%), from €1,292 to €2,424
- Accrued charges and deferred income +€86
new in 2024: €86
- Other operating charges +€461
up €461 (+119.9%), from €384 to €845
- Gross operating margin -€123
down €123 (-10.9%), from -€1,131 to -€1,254
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,602 | €2,431 | -€1,171 | -32.5% |
| Fixed assets | 21/28 | €452 | €252 | -€200 | -44.3% |
| Intangible fixed assets | 21 | €452 | €252 | -€200 | -44.3% |
| Current assets | 29/58 | €3,151 | €2,180 | -€971 | -30.8% |
| Amounts receivable within one year | 40/41 | €2,970 | €2,162 | -€808 | -27.2% |
| Trade receivables | 40 | €2,135 | €1,630 | -€505 | -23.7% |
| Other amounts receivable | 41 | €835 | €532 | -€304 | -36.3% |
| Cash at bank and in hand | 54/58 | €181 | €18 | -€162 | -89.9% |
| Total equity and liabilities | 10/49 | €3,602 | €2,431 | -€1,171 | -32.5% |
| Equity | 10/15 | €2,307 | -€79 | -€2,386 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,693 | -€10,079 | -€2,386 | -31.0% |
| Amounts payable | 17/49 | €1,295 | €2,510 | +€1,215 | +93.8% |
| Amounts payable within one year | 42/48 | €1,295 | €2,424 | +€1,129 | +87.1% |
| Trade debts | 44 | €1,292 | €2,424 | +€1,132 | +87.7% |
| Suppliers | 440/4 | €1,292 | €2,424 | +€1,132 | +87.7% |
| Taxes, remuneration and social security | 45 | €4 | - | -€4 | |
| Taxes | 450/3 | €4 | - | -€4 | |
| Accrued charges and deferred income | 492/3 | - | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €845 | +€461 | +119.9% |
| Gross operating margin | 9900 | -€1,131 | -€1,254 | -€123 | -10.9% |
| Operating profit (loss) | 9901 | -€1,716 | -€2,300 | -€584 | -34.1% |
| Financial charges | 65/66B | €84 | €86 | +€2 | +2.4% |
| Recurring financial charges | 65 | €84 | €86 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,800 | -€2,386 | -€586 | -32.6% |
| Profit (loss) for the period | 9904 | -€1,800 | -€2,386 | -€586 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,800 | -€2,386 | -€586 | -32.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.