Thinx Studio: 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.
Thinx Studio
Largest movements
- Receivables within one year +€28,832
up €28,832 (+91.2%), from €31,610 to €60,442
of which Other amounts receivable: +€21,421
- Cash +€14,284
up €14,284 (+13,695%), from €104 to €14,389
mainly Net result for the year (+€33,956) and Tax, wage and social debts (+€9,629)
- Deferred charges and accrued income +€1,116
up €1,116 (+277%), from €402 to €1,518
- Profit (loss) carried forward +€33,956
up €33,956 (+238%), from €14,297 to €48,253
- Tax, wage and social debts +€9,629
up €9,629 (+86.6%), from €11,125 to €20,754
- Gross operating margin +€37,157
up €37,157 (+378%), from €9,831 to €46,989
- Taxes +€9,331
up €9,331 (+276%), from €3,380 to €12,711
- Financial charges -€1,745
down €1,745 (-86.9%), from €2,008 to €262
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 | €32,261 | €76,349 | +€44,088 | +137% |
| Fixed assets | 21/28 | €144 | - | -€144 | |
| Tangible fixed assets | 22/27 | €144 | - | -€144 | |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Current assets | 29/58 | €32,117 | €76,349 | +€44,232 | +138% |
| Amounts receivable within one year | 40/41 | €31,610 | €60,442 | +€28,832 | +91.2% |
| Trade receivables | 40 | €10,271 | €17,682 | +€7,411 | +72.2% |
| Other amounts receivable | 41 | €21,339 | €42,760 | +€21,421 | +100% |
| Cash at bank and in hand | 54/58 | €104 | €14,389 | +€14,284 | +13,695% |
| Deferred charges and accrued income | 490/1 | €402 | €1,518 | +€1,116 | +277% |
| Total equity and liabilities | 10/49 | €32,261 | €76,349 | +€44,088 | +137% |
| Equity | 10/15 | €20,935 | €54,891 | +€33,956 | +162% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €438 | €438 | = | 0.0% |
| Non-distributable reserves | 130/1 | €438 | €438 | = | 0.0% |
| Reserves not available under the articles | 1311 | €438 | €438 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,297 | €48,253 | +€33,956 | +238% |
| Amounts payable | 17/49 | €11,326 | €21,457 | +€10,132 | +89.5% |
| Amounts payable within one year | 42/48 | €11,326 | €21,457 | +€10,132 | +89.5% |
| Trade debts | 44 | €201 | €703 | +€502 | +250% |
| Suppliers | 440/4 | €201 | €703 | +€502 | +250% |
| Taxes, remuneration and social security | 45 | €11,125 | €20,754 | +€9,629 | +86.6% |
| Taxes | 450/3 | €11,125 | €20,754 | +€9,629 | +86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217 | €144 | -€73 | -33.7% |
| Other operating charges | 640/8 | €1,358 | €1,322 | -€36 | -2.6% |
| Gross operating margin | 9900 | €9,831 | €46,989 | +€37,157 | +378% |
| Operating profit (loss) | 9901 | €8,256 | €45,523 | +€37,266 | +451% |
| Financial income | 75/76B | €940 | €1,407 | +€468 | +49.8% |
| Recurring financial income | 75 | €940 | €1,407 | +€468 | +49.8% |
| Financial charges | 65/66B | €2,008 | €262 | -€1,745 | -86.9% |
| Recurring financial charges | 65 | €2,008 | €262 | -€1,745 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €7,188 | €46,667 | +€39,479 | +549% |
| Income taxes | 67/77 | €3,380 | €12,711 | +€9,331 | +276% |
| Profit (loss) for the period | 9904 | €3,808 | €33,956 | +€30,148 | +792% |
| Profit (loss) for the period to be appropriated | 9905 | €3,808 | €33,956 | +€30,148 | +792% |
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 25 October 2026 via checked.be.