THIONE: 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.
THIONE
Largest movements
- Tangible fixed assets -€36,865
down €36,865 (-3.5%), from €1.1m to €1.0m
- Receivables within one year -€16,985
down €16,985 (-3.3%), from €520,990 to €504,006
- Profit (loss) carried forward -€59,042
down €59,042 (-6.5%), from -€911,119 to -€970,161
- Gross operating margin +€82,384
up €82,384 (+2,012%), from €4,095 to €86,478
- Other operating charges +€4,843
up €4,843 (+20.2%), from €23,987 to €28,830
- Staff costs +€2,180
up €2,180 (+2.8%), from €76,890 to €79,070
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 | €1,598,153 | €1,542,652 | -€55,501 | -3.5% |
| Fixed assets | 21/28 | €1,067,515 | €1,030,649 | -€36,865 | -3.5% |
| Tangible fixed assets | 22/27 | €1,067,515 | €1,030,649 | -€36,865 | -3.5% |
| Land and buildings | 22 | €1,067,515 | €1,030,649 | -€36,865 | -3.5% |
| Current assets | 29/58 | €530,638 | €512,003 | -€18,636 | -3.5% |
| Amounts receivable within one year | 40/41 | €520,990 | €504,006 | -€16,985 | -3.3% |
| Other amounts receivable | 41 | €520,990 | €504,006 | -€16,985 | -3.3% |
| Cash at bank and in hand | 54/58 | €4,613 | €3,503 | -€1,110 | -24.1% |
| Deferred charges and accrued income | 490/1 | €5,035 | €4,494 | -€541 | -10.7% |
| Total equity and liabilities | 10/49 | €1,598,153 | €1,542,652 | -€55,501 | -3.5% |
| Equity | 10/15 | €1,157,201 | €1,098,159 | -€59,042 | -5.1% |
| Contributions | 10/11 | €2,062,120 | €2,062,120 | = | 0.0% |
| Capital | 10 | €2,062,120 | €2,062,120 | = | 0.0% |
| Issued capital | 100 | €2,062,120 | €2,062,120 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€911,119 | -€970,161 | -€59,042 | -6.5% |
| Amounts payable | 17/49 | €440,952 | €444,493 | +€3,541 | +0.8% |
| Amounts payable within one year | 42/48 | €429,690 | €440,261 | +€10,571 | +2.5% |
| Trade debts | 44 | €14,285 | €15,864 | +€1,579 | +11.1% |
| Suppliers | 440/4 | €14,285 | €15,864 | +€1,579 | +11.1% |
| Other amounts payable | 47/48 | €415,405 | €424,397 | +€8,992 | +2.2% |
| Accrued charges and deferred income | 492/3 | €11,262 | €4,232 | -€7,030 | -62.4% |
| Remuneration, social security and pensions | 62 | €76,890 | €79,070 | +€2,180 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,865 | €36,865 | = | 0.0% |
| Other operating charges | 640/8 | €23,987 | €28,830 | +€4,843 | +20.2% |
| Gross operating margin | 9900 | €4,095 | €86,478 | +€82,384 | +2,012% |
| Operating profit (loss) | 9901 | -€133,648 | -€58,286 | +€75,362 | +56.4% |
| Financial income | 75/76B | €13 | €13 | = | 0.0% |
| Recurring financial income | 75 | €13 | €13 | = | 0.0% |
| Financial charges | 65/66B | €1,213 | €769 | -€444 | -36.6% |
| Recurring financial charges | 65 | €1,213 | €769 | -€444 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€134,848 | -€59,042 | +€75,806 | +56.2% |
| Profit (loss) for the period | 9904 | -€134,848 | -€59,042 | +€75,806 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,848 | -€59,042 | +€75,806 | +56.2% |
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 14 October 2026 via checked.be.