THIRY TOITURES: 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 TOITURES
Largest movements
- Tangible fixed assets -€135,053
down €135,053 (-26.5%), from €510,158 to €375,105
of which Furniture and vehicles: -€91,224
- Receivables within one year -€90,382
down €90,382 (-35.7%), from €253,204 to €162,822
of which Trade receivables: -€96,372
- Cash -€13,275
down €13,275 (-28.8%), from €46,127 to €32,852
mainly Net result for the year (-€96,817) and Debts after one year (-€71,810)
- Stocks and contracts -€11,327
down €11,327 (-43.3%), from €26,183 to €14,856
- Profit (loss) carried forward -€96,817
down €96,817 (-48.6%), from €199,212 to €102,395
- Debts after one year -€71,810
down €71,810 (-39.4%), from €182,214 to €110,404
- Other debts -€41,379
down €41,379 (-33.2%), from €124,678 to €83,299
- Trade debts -€38,513
down €38,513 (-46.0%), from €83,721 to €45,208
- Staff costs +€53,531
up €53,531 (+20.3%), from €264,050 to €317,581
- Taxes +€9,782
no longer reported in 2025 (was -€9,782)
- Gross operating margin -€7,412
down €7,412 (-1.9%), from €394,132 to €386,720
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 | €843,597 | €593,244 | -€250,353 | -29.7% |
| Fixed assets | 21/28 | €510,603 | €375,550 | -€135,053 | -26.4% |
| Tangible fixed assets | 22/27 | €510,158 | €375,105 | -€135,053 | -26.5% |
| Land and buildings | 22 | €97,838 | €89,694 | -€8,144 | -8.3% |
| Plant, machinery and equipment | 23 | €200,534 | €164,849 | -€35,685 | -17.8% |
| Furniture and vehicles | 24 | €211,786 | €120,562 | -€91,224 | -43.1% |
| Financial fixed assets | 28 | €445 | €445 | = | 0.0% |
| Current assets | 29/58 | €332,994 | €217,694 | -€115,300 | -34.6% |
| Stocks and contracts in progress | 3 | €26,183 | €14,856 | -€11,327 | -43.3% |
| Stocks | 30/36 | €26,183 | €14,856 | -€11,327 | -43.3% |
| Amounts receivable within one year | 40/41 | €253,204 | €162,822 | -€90,382 | -35.7% |
| Trade receivables | 40 | €252,887 | €156,515 | -€96,372 | -38.1% |
| Other amounts receivable | 41 | €317 | €6,307 | +€5,990 | +1,890% |
| Cash at bank and in hand | 54/58 | €46,127 | €32,852 | -€13,275 | -28.8% |
| Deferred charges and accrued income | 490/1 | €7,480 | €7,164 | -€316 | -4.2% |
| Total equity and liabilities | 10/49 | €843,597 | €593,244 | -€250,353 | -29.7% |
| Equity | 10/15 | €360,354 | €260,592 | -€99,762 | -27.7% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €126,875 | €126,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €199,212 | €102,395 | -€96,817 | -48.6% |
| Investment grants | 15 | €15,517 | €12,572 | -€2,945 | -19.0% |
| Amounts payable | 17/49 | €483,243 | €332,652 | -€150,591 | -31.2% |
| Amounts payable after more than one year | 17 | €182,214 | €110,404 | -€71,810 | -39.4% |
| Financial debts | 170/4 | €182,214 | €110,404 | -€71,810 | -39.4% |
| Amounts payable within one year | 42/48 | €301,029 | €222,248 | -€78,781 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €73,316 | €71,933 | -€1,383 | -1.9% |
| Trade debts | 44 | €83,721 | €45,208 | -€38,513 | -46.0% |
| Suppliers | 440/4 | €83,721 | €45,208 | -€38,513 | -46.0% |
| Taxes, remuneration and social security | 45 | €19,314 | €21,808 | +€2,494 | +12.9% |
| Taxes | 450/3 | €567 | - | -€567 | |
| Remuneration and social security | 454/9 | €18,747 | €21,808 | +€3,061 | +16.3% |
| Other amounts payable | 47/48 | €124,678 | €83,299 | -€41,379 | -33.2% |
| Remuneration, social security and pensions | 62 | €264,050 | €317,581 | +€53,531 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,599 | €150,053 | -€1,546 | -1.0% |
| Other operating charges | 640/8 | €8,544 | €11,911 | +€3,367 | +39.4% |
| Gross operating margin | 9900 | €394,132 | €386,720 | -€7,412 | -1.9% |
| Operating profit (loss) | 9901 | -€30,061 | -€92,825 | -€62,764 | -209% |
| Financial income | 75/76B | €3,346 | €2,954 | -€392 | -11.7% |
| Recurring financial income | 75 | €3,346 | €2,954 | -€392 | -11.7% |
| Financial charges | 65/66B | €6,714 | €6,946 | +€232 | +3.5% |
| Recurring financial charges | 65 | €6,714 | €6,946 | +€232 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,429 | -€96,817 | -€63,388 | -190% |
| Income taxes | 67/77 | -€9,782 | - | +€9,782 | |
| Profit (loss) for the period | 9904 | -€23,647 | -€96,817 | -€73,170 | -309% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,647 | -€96,817 | -€73,170 | -309% |
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 20 October 2026 via checked.be.