ThinkMove: 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.
ThinkMove
Largest movements
- Receivables within one year -€99,067
down €99,067 (-82.8%), from €119,643 to €20,576
of which Trade receivables: -€99,088
- Tangible fixed assets -€21,254
down €21,254 (-1.9%), from €1.1m to €1.1m
of which Furniture and vehicles: -€11,199
- Trade debts -€145,027
down €145,027 (-96.9%), from €149,660 to €4,633
- Profit (loss) carried forward +€46,613
up €46,613 (+64.6%), from -€72,138 to -€25,526
- Tax, wage and social debts +€37,284
up €37,284 (+181.8%), from €20,506 to €57,790
of which Taxes: +€37,284
- Debts after one year -€36,295
down €36,295 (-5.4%), from €669,093 to €632,798
of which Financial debts: -€33,488
- Other debts -€14,949
down €14,949 (-3.5%), from €427,014 to €412,066
- Gross operating margin +€90,129
up €90,129 (+394.5%), from €22,844 to €112,974
- Taxes +€3,285
up €3,285 (+676.8%), from €485 to €3,771
- Depreciation -€2,599
down €2,599 (-6.4%), from €40,340 to €37,741
- Other operating charges -€2,143
down €2,143 (-44.5%), from €4,815 to €2,671
- Financial charges -€1,786
down €1,786 (-7.5%), from €23,964 to €22,178
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 | €1,241,208 | €1,120,041 | -€121,167 | -9.8% |
| Fixed assets | 21/28 | €1,120,249 | €1,098,994 | -€21,254 | -1.9% |
| Tangible fixed assets | 22/27 | €1,120,249 | €1,098,994 | -€21,254 | -1.9% |
| Land and buildings | 22 | €1,108,059 | €1,098,247 | -€9,812 | -0.9% |
| Plant, machinery and equipment | 23 | €244 | €0 | -€244 | -100.0% |
| Furniture and vehicles | 24 | €11,946 | €747 | -€11,199 | -93.7% |
| Current assets | 29/58 | €120,960 | €21,047 | -€99,913 | -82.6% |
| Amounts receivable within one year | 40/41 | €119,643 | €20,576 | -€99,067 | -82.8% |
| Trade receivables | 40 | €119,502 | €20,415 | -€99,088 | -82.9% |
| Other amounts receivable | 41 | €141 | €161 | +€21 | +14.7% |
| Cash at bank and in hand | 54/58 | €422 | €5 | -€416 | -98.7% |
| Deferred charges and accrued income | 490/1 | €895 | €466 | -€429 | -47.9% |
| Total equity and liabilities | 10/49 | €1,241,208 | €1,120,041 | -€121,167 | -9.8% |
| Equity | 10/15 | -€70,138 | -€23,526 | +€46,613 | +66.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,138 | -€25,526 | +€46,613 | +64.6% |
| Amounts payable | 17/49 | €1,311,346 | €1,143,567 | -€167,780 | -12.8% |
| Amounts payable after more than one year | 17 | €669,093 | €632,798 | -€36,295 | -5.4% |
| Financial debts | 170/4 | €666,286 | €632,798 | -€33,488 | -5.0% |
| Other amounts payable | 178/9 | €2,807 | €0 | -€2,807 | -100.0% |
| Amounts payable within one year | 42/48 | €640,887 | €510,724 | -€130,163 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €43,707 | €36,235 | -€7,472 | -17.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €149,660 | €4,633 | -€145,027 | -96.9% |
| Suppliers | 440/4 | €149,660 | €4,633 | -€145,027 | -96.9% |
| Taxes, remuneration and social security | 45 | €20,506 | €57,790 | +€37,284 | +181.8% |
| Taxes | 450/3 | €19,128 | €56,412 | +€37,284 | +194.9% |
| Remuneration and social security | 454/9 | €1,378 | €1,378 | = | 0.0% |
| Other amounts payable | 47/48 | €427,014 | €412,066 | -€14,949 | -3.5% |
| Accrued charges and deferred income | 492/3 | €1,366 | €45 | -€1,321 | -96.7% |
| Non-recurring operating income | 76A | - | €127 | +€127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,340 | €37,741 | -€2,599 | -6.4% |
| Other operating charges | 640/8 | €4,815 | €2,671 | -€2,143 | -44.5% |
| Gross operating margin | 9900 | €22,844 | €112,974 | +€90,129 | +394.5% |
| Operating profit (loss) | 9901 | -€22,310 | €72,562 | +€94,872 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €23,964 | €22,178 | -€1,786 | -7.5% |
| Recurring financial charges | 65 | €23,964 | €22,178 | -€1,786 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€46,274 | €50,383 | +€96,657 | |
| Income taxes | 67/77 | €485 | €3,771 | +€3,285 | +676.8% |
| Profit (loss) for the period | 9904 | -€46,759 | €46,613 | +€93,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46,759 | €46,613 | +€93,372 |
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 29 September 2026 via checked.be.