THIRY SABRINE: 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 SABRINE
Largest movements
- Tangible fixed assets -€19,835
down €19,835 (-10.3%), from €191,977 to €172,142
of which Furniture and vehicles: -€12,453
- Intangible fixed assets -€10,700
down €10,700 (-33.3%), from €32,100 to €21,400
- Receivables after one year +€4,246
up €4,246 (+8.1%), from €52,352 to €56,598
- Deferred charges and accrued income +€3,834
up €3,834 (+17.9%), from €21,475 to €25,309
- Debts after one year -€29,122
down €29,122 (-16.2%), from €179,541 to €150,419
- Profit (loss) carried forward +€13,073
up €13,073 (+33.4%), from -€39,168 to -€26,095
- Tax, wage and social debts +€8,351
up €8,351 (+33.6%), from €24,820 to €33,171
of which Taxes: +€5,163
- Trade debts -€6,393
down €6,393 (-58.2%), from €10,976 to €4,583
- Other debts -€3,500
no longer reported in 2025 (was €3,500)
- Gross operating margin +€33,139
up €33,139 (+23.1%), from €143,515 to €176,655
- Staff costs +€8,342
up €8,342 (+7.7%), from €108,888 to €117,230
- Taxes +€6,712
up €6,712 (+388%), from €1,730 to €8,442
- Financial income +€3,414
up €3,414 (+1,985%), from €172 to €3,586
- Depreciation +€2,041
up €2,041 (+7.2%), from €28,494 to €30,535
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 | €298,554 | €279,095 | -€19,459 | -6.5% |
| Fixed assets | 21/28 | €224,077 | €193,542 | -€30,535 | -13.6% |
| Intangible fixed assets | 21 | €32,100 | €21,400 | -€10,700 | -33.3% |
| Tangible fixed assets | 22/27 | €191,977 | €172,142 | -€19,835 | -10.3% |
| Land and buildings | 22 | €122,121 | €118,636 | -€3,485 | -2.9% |
| Plant, machinery and equipment | 23 | €16,015 | €12,118 | -€3,897 | -24.3% |
| Furniture and vehicles | 24 | €53,841 | €41,388 | -€12,453 | -23.1% |
| Current assets | 29/58 | €74,477 | €85,553 | +€11,076 | +14.9% |
| Amounts receivable after more than one year | 29 | €52,352 | €56,598 | +€4,246 | +8.1% |
| Trade receivables | 290 | €52,352 | €56,598 | +€4,246 | +8.1% |
| Amounts receivable within one year | 40/41 | - | €152 | +€152 | |
| Trade receivables | 40 | - | €152 | +€152 | |
| Cash at bank and in hand | 54/58 | €650 | €3,494 | +€2,845 | +438% |
| Deferred charges and accrued income | 490/1 | €21,475 | €25,309 | +€3,834 | +17.9% |
| Total equity and liabilities | 10/49 | €298,554 | €279,095 | -€19,459 | -6.5% |
| Equity | 10/15 | €48,691 | €61,764 | +€13,073 | +26.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81,660 | €81,660 | = | 0.0% |
| Distributable reserves | 133 | €81,660 | €81,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,168 | -€26,095 | +€13,073 | +33.4% |
| Amounts payable | 17/49 | €249,863 | €217,330 | -€32,533 | -13.0% |
| Amounts payable after more than one year | 17 | €179,541 | €150,419 | -€29,122 | -16.2% |
| Financial debts | 170/4 | €179,541 | €150,419 | -€29,122 | -16.2% |
| Amounts payable within one year | 42/48 | €70,293 | €66,876 | -€3,417 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €30,997 | €29,122 | -€1,875 | -6.0% |
| Trade debts | 44 | €10,976 | €4,583 | -€6,393 | -58.2% |
| Suppliers | 440/4 | €10,976 | €4,583 | -€6,393 | -58.2% |
| Taxes, remuneration and social security | 45 | €24,820 | €33,171 | +€8,351 | +33.6% |
| Taxes | 450/3 | €9,826 | €14,989 | +€5,163 | +52.5% |
| Remuneration and social security | 454/9 | €14,994 | €18,182 | +€3,187 | +21.3% |
| Other amounts payable | 47/48 | €3,500 | - | -€3,500 | |
| Accrued charges and deferred income | 492/3 | €28 | €35 | +€7 | +24.3% |
| Non-recurring operating income | 76A | €6,610 | - | -€6,610 | |
| Remuneration, social security and pensions | 62 | €108,888 | €117,230 | +€8,342 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,494 | €30,535 | +€2,041 | +7.2% |
| Other operating charges | 640/8 | €6,098 | €5,351 | -€747 | -12.2% |
| Gross operating margin | 9900 | €143,515 | €176,655 | +€33,139 | +23.1% |
| Operating profit (loss) | 9901 | €36 | €23,538 | +€23,503 | +65,522% |
| Financial income | 75/76B | €172 | €3,586 | +€3,414 | +1,985% |
| Recurring financial income | 75 | €172 | €3,586 | +€3,414 | +1,985% |
| Financial charges | 65/66B | €7,130 | €5,608 | -€1,522 | -21.3% |
| Recurring financial charges | 65 | €7,130 | €5,608 | -€1,522 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,923 | €21,516 | +€28,438 | |
| Income taxes | 67/77 | €1,730 | €8,442 | +€6,712 | +388% |
| Profit (loss) for the period | 9904 | -€8,653 | €13,073 | +€21,726 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,653 | €13,073 | +€21,726 |
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 19 October 2026 via checked.be.