THIRY Christophe: 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 Christophe
Largest movements
- Cash +€18,618
up €18,618 (+271%), from €6,882 to €25,500
mainly Net result for the year (+€34,250) and Depreciation (+€23,706)
- Receivables within one year -€16,593
down €16,593 (-40.4%), from €41,096 to €24,502
of which Trade receivables: -€8,954
- Tangible fixed assets -€13,471
down €13,471 (-12.5%), from €108,105 to €94,634
of which Furniture and vehicles: -€8,200
- Profit (loss) carried forward +€34,250
up €34,250 (+70.9%), from €48,287 to €82,537
- Other debts -€28,669
down €28,669 (-98.5%), from €29,117 to €447
- Debts after one year -€12,750
down €12,750 (-25.0%), from €51,000 to €38,250
- Short-term financial debts -€3,111
no longer reported in 2025 (was €3,111)
- Trade debts -€2,065
no longer reported in 2025 (was €2,065)
- Turnover +€62,464
up €62,464 (+172%), from €36,273 to €98,737
- Gross operating margin +€47,186
up €47,186 (+318%), from €14,829 to €62,015
- Purchases and services +€15,278
up €15,278 (+71.2%), from €21,444 to €36,722
- Depreciation +€14,167
up €14,167 (+149%), from €9,538 to €23,706
- Financial charges +€1,076
up €1,076 (+134%), from €804 to €1,880
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 | €156,500 | €145,025 | -€11,476 | -7.3% |
| Fixed assets | 21/28 | €108,105 | €94,634 | -€13,471 | -12.5% |
| Tangible fixed assets | 22/27 | €108,105 | €94,634 | -€13,471 | -12.5% |
| Land and buildings | 22 | €26,384 | €22,125 | -€4,259 | -16.1% |
| Plant, machinery and equipment | 23 | €11,172 | €10,159 | -€1,012 | -9.1% |
| Furniture and vehicles | 24 | €70,549 | €62,349 | -€8,200 | -11.6% |
| Current assets | 29/58 | €48,396 | €50,391 | +€1,995 | +4.1% |
| Amounts receivable within one year | 40/41 | €41,096 | €24,502 | -€16,593 | -40.4% |
| Trade receivables | 40 | €30,915 | €21,961 | -€8,954 | -29.0% |
| Other amounts receivable | 41 | €10,181 | €2,541 | -€7,640 | -75.0% |
| Cash at bank and in hand | 54/58 | €6,882 | €25,500 | +€18,618 | +271% |
| Deferred charges and accrued income | 490/1 | €418 | €389 | -€29 | -6.9% |
| Total equity and liabilities | 10/49 | €156,500 | €145,025 | -€11,476 | -7.3% |
| Equity | 10/15 | €71,207 | €105,457 | +€34,250 | +48.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,920 | €2,920 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €920 | €920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,287 | €82,537 | +€34,250 | +70.9% |
| Amounts payable | 17/49 | €85,293 | €39,567 | -€45,726 | -53.6% |
| Amounts payable after more than one year | 17 | €51,000 | €38,250 | -€12,750 | -25.0% |
| Financial debts | 170/4 | €51,000 | €38,250 | -€12,750 | -25.0% |
| Amounts payable within one year | 42/48 | €34,293 | €1,317 | -€32,976 | -96.2% |
| Financial debts | 43 | €3,111 | - | -€3,111 | |
| Credit institutions | 430/8 | €3,111 | - | -€3,111 | |
| Trade debts | 44 | €2,065 | - | -€2,065 | |
| Suppliers | 440/4 | €2,065 | - | -€2,065 | |
| Taxes, remuneration and social security | 45 | - | €870 | +€870 | |
| Taxes | 450/3 | - | €870 | +€870 | |
| Other amounts payable | 47/48 | €29,117 | €447 | -€28,669 | -98.5% |
| Turnover | 70 | €36,273 | €98,737 | +€62,464 | +172% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,444 | €36,722 | +€15,278 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,538 | €23,706 | +€14,167 | +149% |
| Other operating charges | 640/8 | €1,251 | €2,179 | +€928 | +74.2% |
| Gross operating margin | 9900 | €14,829 | €62,015 | +€47,186 | +318% |
| Operating profit (loss) | 9901 | €4,040 | €36,130 | +€32,090 | +794% |
| Financial charges | 65/66B | €804 | €1,880 | +€1,076 | +134% |
| Recurring financial charges | 65 | €804 | €1,880 | +€1,076 | +134% |
| Profit (loss) for the period before taxes | 9903 | €3,236 | €34,250 | +€31,014 | +959% |
| Profit (loss) for the period | 9904 | €3,236 | €34,250 | +€31,014 | +959% |
| Profit (loss) for the period to be appropriated | 9905 | €3,236 | €34,250 | +€31,014 | +959% |
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 24 October 2026 via checked.be.