THIRY AGRI TECHNICS: 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.
THIRY AGRI TECHNICS
Largest movements
- Receivables within one year +€70,610
up €70,610 (+203%), from €34,732 to €105,341
of which Trade receivables: +€73,426
- Tangible fixed assets +€22,877
up €22,877 (+183%), from €12,523 to €35,400
of which Plant, machinery and equipment: +€16,796
- Stocks and contracts -€10,670
down €10,670 (-7.3%), from €146,829 to €136,159
- Cash +€7,724
up €7,724 (+104%), from €7,432 to €15,156
mainly Trade debts (+€35,556) and Current portion of long-term debt (+€30,713)
- Trade debts +€35,556
up €35,556 (+108%), from €32,809 to €68,365
- Current portion of long-term debt +€30,713
new in 2024: €30,713
- Debts after one year +€19,266
new in 2024: €19,266
- Short-term financial debts -€14,686
no longer reported in 2024 (was €14,686)
- Tax, wage and social debts +€11,413
up €11,413 (+344%), from €3,319 to €14,733
of which Taxes: +€11,378
- Gross operating margin +€2,688
up €2,688 (+17.1%), from €15,733 to €18,421
- Depreciation -€1,221
down €1,221 (-15.1%), from €8,094 to €6,873
- Other operating charges +€508
up €508 (+39.6%), from €1,285 to €1,793
- Financial charges +€188
up €188 (+9.4%), from €1,997 to €2,185
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,563 | €293,417 | +€90,855 | +44.9% |
| Fixed assets | 21/28 | €12,523 | €35,400 | +€22,877 | +183% |
| Tangible fixed assets | 22/27 | €12,523 | €35,400 | +€22,877 | +183% |
| Plant, machinery and equipment | 23 | €5,133 | €21,928 | +€16,796 | +327% |
| Furniture and vehicles | 24 | €4,483 | €11,913 | +€7,430 | +166% |
| Leasing and similar rights | 25 | €2,908 | €1,559 | -€1,349 | -46.4% |
| Current assets | 29/58 | €190,039 | €258,017 | +€67,978 | +35.8% |
| Stocks and contracts in progress | 3 | €146,829 | €136,159 | -€10,670 | -7.3% |
| Stocks | 30/36 | €146,829 | €136,159 | -€10,670 | -7.3% |
| Amounts receivable within one year | 40/41 | €34,732 | €105,341 | +€70,610 | +203% |
| Trade receivables | 40 | €31,916 | €105,341 | +€73,426 | +230% |
| Other amounts receivable | 41 | €2,816 | - | -€2,816 | |
| Cash at bank and in hand | 54/58 | €7,432 | €15,156 | +€7,724 | +104% |
| Deferred charges and accrued income | 490/1 | €1,047 | €1,361 | +€314 | +30.0% |
| Total equity and liabilities | 10/49 | €202,563 | €293,417 | +€90,855 | +44.9% |
| Equity | 10/15 | €57,114 | €62,991 | +€5,876 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,525 | €59,525 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,310 | €4,310 | = | 0.0% |
| Distributable reserves | 133 | €55,215 | €55,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,011 | -€15,135 | +€5,876 | +28.0% |
| Provisions and deferred taxes | 16 | €5,500 | €5,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,500 | €5,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,500 | €5,500 | = | 0.0% |
| Amounts payable | 17/49 | €139,948 | €224,927 | +€84,978 | +60.7% |
| Amounts payable after more than one year | 17 | - | €19,266 | +€19,266 | |
| Financial debts | 170/4 | - | €19,266 | +€19,266 | |
| Amounts payable within one year | 42/48 | €139,948 | €205,661 | +€65,713 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | - | €30,713 | +€30,713 | |
| Financial debts | 43 | €14,686 | - | -€14,686 | |
| Credit institutions | 430/8 | €14,686 | - | -€14,686 | |
| Trade debts | 44 | €32,809 | €68,365 | +€35,556 | +108% |
| Suppliers | 440/4 | €32,809 | €68,365 | +€35,556 | +108% |
| Taxes, remuneration and social security | 45 | €3,319 | €14,733 | +€11,413 | +344% |
| Taxes | 450/3 | - | €11,378 | +€11,378 | |
| Remuneration and social security | 454/9 | €3,319 | €3,355 | +€35 | +1.1% |
| Other amounts payable | 47/48 | €89,134 | €91,850 | +€2,716 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,094 | €6,873 | -€1,221 | -15.1% |
| Other operating charges | 640/8 | €1,285 | €1,793 | +€508 | +39.6% |
| Gross operating margin | 9900 | €15,733 | €18,421 | +€2,688 | +17.1% |
| Operating profit (loss) | 9901 | €6,354 | €9,754 | +€3,400 | +53.5% |
| Financial income | 75/76B | €0 | €2 | +€2 | +398% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +398% |
| Financial charges | 65/66B | €1,997 | €2,185 | +€188 | +9.4% |
| Recurring financial charges | 65 | €1,997 | €2,185 | +€188 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €4,358 | €7,571 | +€3,214 | +73.7% |
| Income taxes | 67/77 | €1,593 | €1,695 | +€102 | +6.4% |
| Profit (loss) for the period | 9904 | €2,765 | €5,876 | +€3,111 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €2,765 | €5,876 | +€3,111 | +113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.