THISS: 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.
THISS
Largest movements
- Receivables within one year +€31,958
up €31,958 (+104%), from €30,675 to €62,634
of which Trade receivables: +€23,017
- Cash +€6,393
up €6,393 (+21.2%), from €30,113 to €36,506
mainly Net result for the year (+€43,770) and Trade debts (+€4,499)
- Tangible fixed assets -€2,750
down €2,750 (-16.4%), from €16,771 to €14,021
of which Furniture and vehicles: -€9,623
- Reserves +€43,770
up €43,770 (+78.3%), from €55,888 to €99,658
- Tax, wage and social debts -€7,953
down €7,953 (-39.2%), from €20,270 to €12,317
of which Taxes: -€7,969
- Other debts -€5,915
down €5,915 (-26.0%), from €22,766 to €16,851
- Trade debts +€4,499
up €4,499 (+292%), from €1,539 to €6,037
- Accrued charges and deferred income +€1,402
new in 2025: €1,402
- Gross operating margin -€12,415
down €12,415 (-16.6%), from €74,810 to €62,395
- Taxes -€2,144
down €2,144 (-13.8%), from €15,519 to €13,375
- Financial charges +€1,456
up €1,456 (+1,442%), from €101 to €1,557
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 | €100,562 | €136,365 | +€35,803 | +35.6% |
| Fixed assets | 21/28 | €16,771 | €14,021 | -€2,750 | -16.4% |
| Tangible fixed assets | 22/27 | €16,771 | €14,021 | -€2,750 | -16.4% |
| Plant, machinery and equipment | 23 | €1,097 | €548 | -€548 | -50.0% |
| Furniture and vehicles | 24 | €13,882 | €4,259 | -€9,623 | -69.3% |
| Other tangible fixed assets | 26 | €1,792 | €9,213 | +€7,421 | +414% |
| Current assets | 29/58 | €83,792 | €122,344 | +€38,553 | +46.0% |
| Amounts receivable within one year | 40/41 | €30,675 | €62,634 | +€31,958 | +104% |
| Trade receivables | 40 | €28,232 | €51,249 | +€23,017 | +81.5% |
| Other amounts receivable | 41 | €2,443 | €11,385 | +€8,942 | +366% |
| Current investments | 50/53 | €22,832 | €22,997 | +€165 | +0.7% |
| Cash at bank and in hand | 54/58 | €30,113 | €36,506 | +€6,393 | +21.2% |
| Deferred charges and accrued income | 490/1 | €171 | €207 | +€36 | +21.0% |
| Total equity and liabilities | 10/49 | €100,562 | €136,365 | +€35,803 | +35.6% |
| Equity | 10/15 | €55,988 | €99,758 | +€43,770 | +78.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €55,888 | €99,658 | +€43,770 | +78.3% |
| Distributable reserves | 133 | €55,888 | €99,658 | +€43,770 | +78.3% |
| Amounts payable | 17/49 | €44,574 | €36,607 | -€7,967 | -17.9% |
| Amounts payable within one year | 42/48 | €44,574 | €35,205 | -€9,370 | -21.0% |
| Trade debts | 44 | €1,539 | €6,037 | +€4,499 | +292% |
| Suppliers | 440/4 | €1,539 | €6,037 | +€4,499 | +292% |
| Taxes, remuneration and social security | 45 | €20,270 | €12,317 | -€7,953 | -39.2% |
| Taxes | 450/3 | €17,645 | €9,676 | -€7,969 | -45.2% |
| Remuneration and social security | 454/9 | €2,624 | €2,641 | +€16 | +0.6% |
| Other amounts payable | 47/48 | €22,766 | €16,851 | -€5,915 | -26.0% |
| Accrued charges and deferred income | 492/3 | - | €1,402 | +€1,402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,676 | €3,273 | +€597 | +22.3% |
| Other operating charges | 640/8 | €711 | €585 | -€126 | -17.7% |
| Gross operating margin | 9900 | €74,810 | €62,395 | -€12,415 | -16.6% |
| Operating profit (loss) | 9901 | €71,423 | €58,538 | -€12,886 | -18.0% |
| Financial income | 75/76B | €85 | €165 | +€80 | +93.8% |
| Recurring financial income | 75 | €85 | €165 | +€80 | +93.8% |
| Financial charges | 65/66B | €101 | €1,557 | +€1,456 | +1,442% |
| Recurring financial charges | 65 | €101 | €1,557 | +€1,456 | +1,442% |
| Profit (loss) for the period before taxes | 9903 | €71,408 | €57,145 | -€14,262 | -20.0% |
| Income taxes | 67/77 | €15,519 | €13,375 | -€2,144 | -13.8% |
| Profit (loss) for the period | 9904 | €55,888 | €43,770 | -€12,118 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,888 | €43,770 | -€12,118 | -21.7% |
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 16 October 2026 via checked.be.