THINKUBATE: 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.
THINKUBATE
Largest movements
- Receivables within one year +€14,463
up €14,463 (+1446.3%), from €1,000 to €15,463
of which Trade receivables: +€14,463
- Cash -€9,067
down €9,067 (-67.7%), from €13,394 to €4,327
mainly Receivables within one year (-€14,463) and Investment in fixed assets (net) (-€1,443)
- Tangible fixed assets +€1,245
new in 2025: €1,245
- Tax, wage and social debts +€2,659
up €2,659 (+1102.2%), from €241 to €2,900
- Profit (loss) carried forward +€2,071
up €2,071 (+20.1%), from €10,300 to €12,371
- Trade debts +€1,835
up €1,835 (+527.9%), from €348 to €2,183
- Gross operating margin +€25,688
up €25,688, from -€22,835 to €2,853
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 | €14,394 | €21,034 | +€6,641 | +46.1% |
| Fixed assets | 21/28 | - | €1,245 | +€1,245 | |
| Tangible fixed assets | 22/27 | - | €1,245 | +€1,245 | |
| Furniture and vehicles | 24 | - | €1,245 | +€1,245 | |
| Current assets | 29/58 | €14,394 | €19,789 | +€5,396 | +37.5% |
| Amounts receivable within one year | 40/41 | €1,000 | €15,463 | +€14,463 | +1446.3% |
| Trade receivables | 40 | €1,000 | €15,463 | +€14,463 | +1446.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €13,394 | €4,327 | -€9,067 | -67.7% |
| Total equity and liabilities | 10/49 | €14,394 | €21,034 | +€6,641 | +46.1% |
| Equity | 10/15 | €11,300 | €13,371 | +€2,071 | +18.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,300 | €12,371 | +€2,071 | +20.1% |
| Amounts payable | 17/49 | €3,093 | €7,663 | +€4,570 | +147.7% |
| Amounts payable within one year | 42/48 | €3,093 | €7,663 | +€4,570 | +147.7% |
| Trade debts | 44 | €348 | €2,183 | +€1,835 | +527.9% |
| Suppliers | 440/4 | €348 | €2,183 | +€1,835 | +527.9% |
| Taxes, remuneration and social security | 45 | €241 | €2,900 | +€2,659 | +1102.2% |
| Taxes | 450/3 | €241 | €2,900 | +€2,659 | +1102.2% |
| Other amounts payable | 47/48 | €2,504 | €2,581 | +€76 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €198 | +€198 | |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€22,835 | €2,853 | +€25,688 | |
| Operating profit (loss) | 9901 | -€23,363 | €2,111 | +€25,474 | |
| Financial charges | 65/66B | €98 | €40 | -€58 | -58.9% |
| Recurring financial charges | 65 | €98 | €40 | -€58 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,461 | €2,071 | +€25,532 | |
| Profit (loss) for the period | 9904 | -€23,461 | €2,071 | +€25,532 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,461 | €2,071 | +€25,532 |
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 8 October 2026 via checked.be.