Thinknology: 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.
Thinknology
Largest movements
- Cash +€47,576
up €47,576 (+268%), from €17,740 to €65,317
mainly Other debts (+€38,423) and Net result for the year (+€17,666)
- Deferred charges and accrued income -€7,687
down €7,687 (-71.6%), from €10,740 to €3,053
- Receivables after one year -€5,000
down €5,000 (-100%), from €5,000 to €0
- Tangible fixed assets -€3,836
down €3,836 (-29.5%), from €13,020 to €9,184
of which Furniture and vehicles: -€1,940
- Intangible fixed assets -€1,440
down €1,440 (-29.7%), from €4,841 to €3,401
- Other debts +€38,423
up €38,423 (+428%), from €8,979 to €47,402
- Reserves -€24,334
down €24,334 (-29.2%), from €83,217 to €58,883
- Tax, wage and social debts +€7,537
up €7,537 (+190%), from €3,975 to €11,512
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Short-term financial debts +€3,375
new in 2025: €3,375
- Gross operating margin -€22,232
down €22,232 (-42.2%), from €52,743 to €30,511
- Turnover -€15,525
down €15,525 (-9.1%), from €171,111 to €155,587
- Purchases and services +€9,090
up €9,090 (+7.5%), from €121,809 to €130,899
- Taxes -€4,993
down €4,993 (-46.3%), from €10,776 to €5,783
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 | €112,244 | €141,166 | +€28,922 | +25.8% |
| Fixed assets | 21/28 | €36,110 | €30,835 | -€5,276 | -14.6% |
| Intangible fixed assets | 21 | €4,841 | €3,401 | -€1,440 | -29.7% |
| Tangible fixed assets | 22/27 | €13,020 | €9,184 | -€3,836 | -29.5% |
| Furniture and vehicles | 24 | €5,172 | €3,233 | -€1,940 | -37.5% |
| Other tangible fixed assets | 26 | €7,847 | €5,951 | -€1,896 | -24.2% |
| Financial fixed assets | 28 | €18,250 | €18,250 | = | 0.0% |
| Current assets | 29/58 | €76,133 | €110,331 | +€34,198 | +44.9% |
| Amounts receivable after more than one year | 29 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts receivable | 291 | €5,000 | €0 | -€5,000 | -100% |
| Amounts receivable within one year | 40/41 | €42,653 | €41,961 | -€692 | -1.6% |
| Trade receivables | 40 | €41,126 | €33,974 | -€7,152 | -17.4% |
| Other amounts receivable | 41 | €1,527 | €7,987 | +€6,460 | +423% |
| Cash at bank and in hand | 54/58 | €17,740 | €65,317 | +€47,576 | +268% |
| Deferred charges and accrued income | 490/1 | €10,740 | €3,053 | -€7,687 | -71.6% |
| Total equity and liabilities | 10/49 | €112,244 | €141,166 | +€28,922 | +25.8% |
| Equity | 10/15 | €95,617 | €77,483 | -€18,134 | -19.0% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €83,217 | €58,883 | -€24,334 | -29.2% |
| Distributable reserves | 133 | €83,217 | €58,883 | -€24,334 | -29.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,627 | €63,683 | +€47,056 | +283% |
| Amounts payable within one year | 42/48 | €16,627 | €63,683 | +€47,056 | +283% |
| Financial debts | 43 | - | €3,375 | +€3,375 | |
| Credit institutions | 430/8 | - | €3,375 | +€3,375 | |
| Trade debts | 44 | €3,673 | €1,394 | -€2,279 | -62.1% |
| Suppliers | 440/4 | €3,673 | €1,394 | -€2,279 | -62.1% |
| Taxes, remuneration and social security | 45 | €3,975 | €11,512 | +€7,537 | +190% |
| Taxes | 450/3 | €3,975 | €11,512 | +€7,537 | +190% |
| Other amounts payable | 47/48 | €8,979 | €47,402 | +€38,423 | +428% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €171,111 | €155,587 | -€15,525 | -9.1% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,809 | €130,899 | +€9,090 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,908 | €5,276 | +€1,368 | +35.0% |
| Other operating charges | 640/8 | €1,386 | €1,813 | +€427 | +30.8% |
| Gross operating margin | 9900 | €52,743 | €30,511 | -€22,232 | -42.2% |
| Operating profit (loss) | 9901 | €47,449 | €23,422 | -€24,027 | -50.6% |
| Financial income | 75/76B | €1,061 | €298 | -€763 | -71.9% |
| Recurring financial income | 75 | €1,061 | €298 | -€763 | -71.9% |
| Financial charges | 65/66B | €58 | €272 | +€214 | +369% |
| Recurring financial charges | 65 | €58 | €272 | +€214 | +369% |
| Profit (loss) for the period before taxes | 9903 | €48,453 | €23,449 | -€25,004 | -51.6% |
| Income taxes | 67/77 | €10,776 | €5,783 | -€4,993 | -46.3% |
| Profit (loss) for the period | 9904 | €37,676 | €17,666 | -€20,010 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,676 | €17,666 | -€20,010 | -53.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.