THIRY DANY: what changed
Two fiscal 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 DANY
Largest movements
- Tangible fixed assets -€223,449
down €223,449 (-24.1%), from €927,845 to €704,395
of which Leasing and similar rights: -€192,052
- Deferred charges and accrued income -€42,355
down €42,355 (-95.7%), from €44,241 to €1,886
- Debts after one year -€189,175
down €189,175 (-33.7%), from €561,976 to €372,801
- Profit (loss) carried forward -€108,784
down €108,784 (-37.9%), from €286,751 to €177,967
- Tax, wage and social debts +€92,095
up €92,095 (+41.1%), from €224,214 to €316,310
of which Remuneration and social security: +€82,196
- Trade debts -€51,695
down €51,695 (-7.7%), from €675,461 to €623,767
- Current portion of long-term debt -€30,819
down €30,819 (-13.6%), from €226,525 to €195,706
- Purchases and services -€154,396
down €154,396 (-14.2%), from €1.1m to €932,132
- Turnover -€93,428
down €93,428 (-5.1%), from €1.8m to €1.7m
- Staff costs -€34,151
down €34,151 (-4.4%), from €778,596 to €744,445
- Gross operating margin -€33,623
down €33,623 (-3.4%), from €996,361 to €962,738
- Depreciation +€32,138
up €32,138 (+16.4%), from €195,399 to €227,537
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.
Cash bridge derived
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 | €2,277,467 | €2,016,497 | -€260,970 | -11.5% |
| Fixed assets | 21/28 | €2,034,570 | €1,811,120 | -€223,449 | -11.0% |
| Tangible fixed assets | 22/27 | €927,845 | €704,395 | -€223,449 | -24.1% |
| Land and buildings | 22 | €232,358 | €220,434 | -€11,924 | -5.1% |
| Plant, machinery and equipment | 23 | €31,162 | €25,249 | -€5,912 | -19.0% |
| Furniture and vehicles | 24 | €23,805 | €11,211 | -€12,594 | -52.9% |
| Leasing and similar rights | 25 | €635,749 | €443,697 | -€192,052 | -30.2% |
| Other tangible fixed assets | 26 | €4,772 | €3,805 | -€967 | -20.3% |
| Financial fixed assets | 28 | €1,106,725 | €1,106,725 | = | 0.0% |
| Current assets | 29/58 | €242,898 | €205,377 | -€37,521 | -15.4% |
| Amounts receivable within one year | 40/41 | €134,446 | €148,216 | +€13,770 | +10.2% |
| Trade receivables | 40 | €131,296 | €139,781 | +€8,486 | +6.5% |
| Other amounts receivable | 41 | €3,150 | €8,435 | +€5,284 | +167.7% |
| Cash at bank and in hand | 54/58 | €64,211 | €55,275 | -€8,936 | -13.9% |
| Deferred charges and accrued income | 490/1 | €44,241 | €1,886 | -€42,355 | -95.7% |
| Total equity and liabilities | 10/49 | €2,277,467 | €2,016,497 | -€260,970 | -11.5% |
| Equity | 10/15 | €378,784 | €270,000 | -€108,784 | -28.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €73,441 | €73,441 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €71,582 | €71,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | €286,751 | €177,967 | -€108,784 | -37.9% |
| Amounts payable | 17/49 | €1,898,683 | €1,746,497 | -€152,186 | -8.0% |
| Amounts payable after more than one year | 17 | €561,976 | €372,801 | -€189,175 | -33.7% |
| Financial debts | 170/4 | €561,976 | €372,801 | -€189,175 | -33.7% |
| Amounts payable within one year | 42/48 | €1,336,707 | €1,373,696 | +€36,989 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €226,525 | €195,706 | -€30,819 | -13.6% |
| Trade debts | 44 | €675,461 | €623,767 | -€51,695 | -7.7% |
| Suppliers | 440/4 | €675,461 | €623,767 | -€51,695 | -7.7% |
| Taxes, remuneration and social security | 45 | €224,214 | €316,310 | +€92,095 | +41.1% |
| Taxes | 450/3 | €50,680 | €60,579 | +€9,899 | +19.5% |
| Remuneration and social security | 454/9 | €173,534 | €255,730 | +€82,196 | +47.4% |
| Other amounts payable | 47/48 | €210,507 | €237,914 | +€27,407 | +13.0% |
| Turnover | 70 | €1,822,089 | €1,728,661 | -€93,428 | -5.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,086,528 | €932,132 | -€154,396 | -14.2% |
| Remuneration, social security and pensions | 62 | €778,596 | €744,445 | -€34,151 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,399 | €227,537 | +€32,138 | +16.4% |
| Other operating charges | 640/8 | €14,343 | €20,090 | +€5,747 | +40.1% |
| Non-recurring operating charges | 66A | €4,890 | - | -€4,890 | |
| Gross operating margin | 9900 | €996,361 | €962,738 | -€33,623 | -3.4% |
| Operating profit (loss) | 9901 | €3,133 | -€29,335 | -€32,467 | |
| Financial income | 75/76B | €6 | €84 | +€79 | +1344.2% |
| Recurring financial income | 75 | €6 | €84 | +€79 | +1344.2% |
| Financial charges | 65/66B | €75,295 | €79,271 | +€3,976 | +5.3% |
| Recurring financial charges | 65 | €75,295 | €79,271 | +€3,976 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€72,157 | -€108,521 | -€36,364 | -50.4% |
| Income taxes | 67/77 | €315 | €262 | -€52 | -16.6% |
| Profit (loss) for the period | 9904 | -€72,472 | -€108,784 | -€36,312 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,472 | -€108,784 | -€36,312 | -50.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.