Thinking Machines: 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.
Thinking Machines
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Deferred charges and accrued income +€10,543
up €10,543 (+752.7%), from €1,401 to €11,944
- Profit (loss) carried forward +€55,470
up €55,470 (+79.5%), from €69,797 to €125,267
- Tax, wage and social debts +€10,004
up €10,004 (+56.2%), from €17,810 to €27,814
- Other debts -€5,306
down €5,306 (-100.0%), from €5,306 to €0
- Gross operating margin -€4,300
down €4,300 (-5.7%), from €75,975 to €71,675
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 | €98,634 | €158,754 | +€60,119 | +61.0% |
| Fixed assets | 21/28 | €3,257 | €3,324 | +€68 | +2.1% |
| Tangible fixed assets | 22/27 | €3,257 | €3,324 | +€68 | +2.1% |
| Plant, machinery and equipment | 23 | €1,931 | €2,149 | +€218 | +11.3% |
| Furniture and vehicles | 24 | €1,326 | €1,176 | -€150 | -11.3% |
| Current assets | 29/58 | €95,378 | €155,429 | +€60,052 | +63.0% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €73 | €17 | -€56 | -76.6% |
| Trade receivables | 40 | €73 | €0 | -€73 | -100.0% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €93,904 | €93,469 | -€435 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,401 | €11,944 | +€10,543 | +752.7% |
| Total equity and liabilities | 10/49 | €98,634 | €158,754 | +€60,119 | +61.0% |
| Equity | 10/15 | €72,797 | €128,267 | +€55,470 | +76.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,797 | €125,267 | +€55,470 | +79.5% |
| Amounts payable | 17/49 | €25,837 | €30,486 | +€4,649 | +18.0% |
| Amounts payable within one year | 42/48 | €24,696 | €30,486 | +€5,790 | +23.4% |
| Trade debts | 44 | €1,581 | €2,672 | +€1,091 | +69.0% |
| Suppliers | 440/4 | €1,581 | €2,672 | +€1,091 | +69.0% |
| Taxes, remuneration and social security | 45 | €17,810 | €27,814 | +€10,004 | +56.2% |
| Taxes | 450/3 | €17,810 | €27,814 | +€10,004 | +56.2% |
| Other amounts payable | 47/48 | €5,306 | €0 | -€5,306 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,141 | €0 | -€1,141 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €731 | €1,088 | +€358 | +48.9% |
| Gross operating margin | 9900 | €75,975 | €71,675 | -€4,300 | -5.7% |
| Operating profit (loss) | 9901 | €75,244 | €70,587 | -€4,657 | -6.2% |
| Financial income | 75/76B | €43 | €783 | +€740 | +1719.0% |
| Recurring financial income | 75 | €43 | €783 | +€740 | +1719.0% |
| Financial charges | 65/66B | €1,891 | €1,501 | -€390 | -20.6% |
| Recurring financial charges | 65 | €1,891 | €1,501 | -€390 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €73,396 | €69,869 | -€3,527 | -4.8% |
| Income taxes | 67/77 | €14,842 | €14,399 | -€444 | -3.0% |
| Profit (loss) for the period | 9904 | €58,554 | €55,470 | -€3,084 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,554 | €55,470 | -€3,084 | -5.3% |
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 6 October 2026 via checked.be.