THIRIART EVENEMENTS: 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.
THIRIART EVENEMENTS
Largest movements
- Cash -€7,929
down €7,929 (-6.8%), from €116,073 to €108,144
mainly Trade debts (-€13,669) and Tax, wage and social debts (-€6,837)
- Tangible fixed assets +€2,028
up €2,028 (+58.4%), from €3,476 to €5,504
- Trade debts -€13,669
down €13,669 (-98.8%), from €13,835 to €167
- Reserves +€7,275
up €7,275 (+30.0%), from €24,279 to €31,554
of which Distributable reserves: +€7,275
- Other debts +€6,930
up €6,930 (+16.8%), from €41,156 to €48,086
- Tax, wage and social debts -€6,837
down €6,837 (-50.5%), from €13,530 to €6,693
of which Remuneration and social security: -€10,428
- Gross operating margin +€2,595
up €2,595 (+31.4%), from €8,253 to €10,848
- Depreciation -€580
down €580 (-22.9%), from €2,538 to €1,958
- Write-downs -€479
no longer reported in 2025 (was €479)
- Taxes +€324
up €324 (+58.9%), from €550 to €874
- Other operating charges +€204
up €204 (+40.4%), from €506 to €710
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 | €131,075 | €124,777 | -€6,299 | -4.8% |
| Fixed assets | 21/28 | €3,824 | €5,852 | +€2,028 | +53.0% |
| Tangible fixed assets | 22/27 | €3,476 | €5,504 | +€2,028 | +58.4% |
| Furniture and vehicles | 24 | €3,476 | €5,504 | +€2,028 | +58.4% |
| Financial fixed assets | 28 | €348 | €348 | = | 0.0% |
| Current assets | 29/58 | €127,251 | €118,925 | -€8,327 | -6.5% |
| Amounts receivable within one year | 40/41 | €10,815 | €9,934 | -€881 | -8.1% |
| Trade receivables | 40 | €10,815 | €9,934 | -€881 | -8.1% |
| Cash at bank and in hand | 54/58 | €116,073 | €108,144 | -€7,929 | -6.8% |
| Deferred charges and accrued income | 490/1 | €363 | €847 | +€484 | +133% |
| Total equity and liabilities | 10/49 | €131,075 | €124,777 | -€6,299 | -4.8% |
| Equity | 10/15 | €62,554 | €69,831 | +€7,277 | +11.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €24,279 | €31,554 | +€7,275 | +30.0% |
| Non-distributable reserves | 130/1 | €11,279 | €11,279 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €9,420 | €9,420 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €20,275 | +€7,275 | +56.0% |
| Profit (loss) carried forward | 14 | €32,077 | €32,079 | +€2 | 0.0% |
| Amounts payable | 17/49 | €68,522 | €54,946 | -€13,575 | -19.8% |
| Amounts payable within one year | 42/48 | €68,522 | €54,946 | -€13,575 | -19.8% |
| Trade debts | 44 | €13,835 | €167 | -€13,669 | -98.8% |
| Suppliers | 440/4 | €13,835 | €167 | -€13,669 | -98.8% |
| Taxes, remuneration and social security | 45 | €13,530 | €6,693 | -€6,837 | -50.5% |
| Taxes | 450/3 | €3,102 | €6,693 | +€3,591 | +116% |
| Remuneration and social security | 454/9 | €10,428 | - | -€10,428 | |
| Other amounts payable | 47/48 | €41,156 | €48,086 | +€6,930 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,538 | €1,958 | -€580 | -22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €479 | - | -€479 | |
| Other operating charges | 640/8 | €506 | €710 | +€204 | +40.4% |
| Gross operating margin | 9900 | €8,253 | €10,848 | +€2,595 | +31.4% |
| Operating profit (loss) | 9901 | €4,730 | €8,179 | +€3,450 | +72.9% |
| Financial income | 75/76B | €84 | - | -€84 | |
| Recurring financial income | 75 | €84 | - | -€84 | |
| Financial charges | 65/66B | €74 | €29 | -€45 | -61.1% |
| Recurring financial charges | 65 | €74 | €29 | -€45 | -61.1% |
| Profit (loss) for the period before taxes | 9903 | €4,739 | €8,151 | +€3,411 | +72.0% |
| Income taxes | 67/77 | €550 | €874 | +€324 | +58.9% |
| Profit (loss) for the period | 9904 | €4,189 | €7,277 | +€3,088 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,189 | €7,277 | +€3,088 | +73.7% |
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 31 October 2026 via checked.be.