THINKIT: what changed
Two financial 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.
THINKIT
Largest movements
- Current investments -€27,189
down €27,189 (-37.2%), from €73,061 to €45,872
- Cash -€11,369
down €11,369 (-96.4%), from €11,791 to €422
mainly Contributions, distributions and other (-€30,000) and Other debts (-€19,735)
- Tangible fixed assets +€3,443
up €3,443 (+291%), from €1,184 to €4,627
- Profit (loss) carried forward -€29,581
down €29,581 (-90.5%), from €32,680 to €3,098
- Other debts -€19,735
down €19,735 (-87.4%), from €22,584 to €2,849
- Debts after one year +€15,000
new in 2025: €15,000
- Trade debts -€2,185
down €2,185 (-64.4%), from €3,394 to €1,209
- Tax, wage and social debts +€1,601
up €1,601 (+244%), from €657 to €2,258
- Financial charges +€18,654
up €18,654 (+13,430%), from €139 to €18,793
- Gross operating margin +€10,855
up €10,855 (+91.5%), from €11,861 to €22,716
- Taxes -€1,471
down €1,471 (-47.9%), from €3,069 to €1,598
- Depreciation +€599
up €599 (+61.4%), from €975 to €1,573
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.
Derived cash bridge
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 | €98,888 | €63,988 | -€34,900 | -35.3% |
| Fixed assets | 21/28 | €1,184 | €4,627 | +€3,443 | +291% |
| Tangible fixed assets | 22/27 | €1,184 | €4,627 | +€3,443 | +291% |
| Furniture and vehicles | 24 | €1,184 | €4,627 | +€3,443 | +291% |
| Current assets | 29/58 | €97,705 | €59,361 | -€38,343 | -39.2% |
| Amounts receivable within one year | 40/41 | €12,603 | €12,818 | +€215 | +1.7% |
| Trade receivables | 40 | €9,068 | €12,818 | +€3,750 | +41.4% |
| Other amounts receivable | 41 | €3,535 | - | -€3,535 | |
| Current investments | 50/53 | €73,061 | €45,872 | -€27,189 | -37.2% |
| Cash at bank and in hand | 54/58 | €11,791 | €422 | -€11,369 | -96.4% |
| Deferred charges and accrued income | 490/1 | €250 | €250 | = | 0.0% |
| Total equity and liabilities | 10/49 | €98,888 | €63,988 | -€34,900 | -35.3% |
| Equity | 10/15 | €72,253 | €42,672 | -€29,581 | -40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,974 | €20,974 | = | 0.0% |
| Distributable reserves | 133 | €20,974 | €20,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,680 | €3,098 | -€29,581 | -90.5% |
| Amounts payable | 17/49 | €26,635 | €21,316 | -€5,319 | -20.0% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Other amounts payable | 178/9 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €26,635 | €6,316 | -€20,319 | -76.3% |
| Trade debts | 44 | €3,394 | €1,209 | -€2,185 | -64.4% |
| Suppliers | 440/4 | €3,394 | €1,209 | -€2,185 | -64.4% |
| Taxes, remuneration and social security | 45 | €657 | €2,258 | +€1,601 | +244% |
| Taxes | 450/3 | €657 | €2,258 | +€1,601 | +244% |
| Other amounts payable | 47/48 | €22,584 | €2,849 | -€19,735 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €1,573 | +€599 | +61.4% |
| Other operating charges | 640/8 | €871 | €778 | -€92 | -10.6% |
| Gross operating margin | 9900 | €11,861 | €22,716 | +€10,855 | +91.5% |
| Operating profit (loss) | 9901 | €10,016 | €20,364 | +€10,349 | +103% |
| Financial income | 75/76B | €342 | €445 | +€103 | +30.0% |
| Recurring financial income | 75 | €342 | €445 | +€103 | +30.0% |
| Financial charges | 65/66B | €139 | €18,793 | +€18,654 | +13,430% |
| Recurring financial charges | 65 | €139 | €18,793 | +€18,654 | +13,430% |
| Profit (loss) for the period before taxes | 9903 | €10,219 | €2,016 | -€8,203 | -80.3% |
| Income taxes | 67/77 | €3,069 | €1,598 | -€1,471 | -47.9% |
| Profit (loss) for the period | 9904 | €7,150 | €419 | -€6,732 | -94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,150 | €419 | -€6,732 | -94.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.