THITHO CONSULTING: 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.
THITHO CONSULTING
Largest movements
- Tangible fixed assets +€13,064
up €13,064 (+12.2%), from €107,077 to €120,141
- Cash +€2,834
up €2,834 (+101%), from €2,795 to €5,629
mainly Net result for the year (+€12,773) and Trade debts (+€8,533)
- Receivables within one year +€1,632
up €1,632 (+87.8%), from €1,857 to €3,489
- Reserves +€14,000
up €14,000 (+233%), from €6,000 to €20,000
of which Distributable reserves: +€14,000
- Debts after one year -€8,865
down €8,865 (-10.5%), from €84,223 to €75,358
of which Financial debts: -€9,000
- Trade debts +€8,533
up €8,533 (+1,360%), from €627 to €9,160
- Accrued charges and deferred income +€3,645
new in 2025: €3,645
- Other debts +€1,559
new in 2025: €1,559
- Gross operating margin +€14,458
up €14,458 (+216%), from €6,679 to €21,137
- Depreciation +€275
up €275 (+4.3%), from €6,379 to €6,653
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 | €112,503 | €130,148 | +€17,646 | +15.7% |
| Fixed assets | 21/28 | €107,077 | €120,141 | +€13,064 | +12.2% |
| Tangible fixed assets | 22/27 | €107,077 | €120,141 | +€13,064 | +12.2% |
| Land and buildings | 22 | €107,077 | €120,141 | +€13,064 | +12.2% |
| Current assets | 29/58 | €5,426 | €10,008 | +€4,582 | +84.4% |
| Amounts receivable within one year | 40/41 | €1,857 | €3,489 | +€1,632 | +87.8% |
| Trade receivables | 40 | €1,857 | €3,489 | +€1,632 | +87.8% |
| Cash at bank and in hand | 54/58 | €2,795 | €5,629 | +€2,834 | +101% |
| Deferred charges and accrued income | 490/1 | €773 | €890 | +€116 | +15.1% |
| Total equity and liabilities | 10/49 | €112,503 | €130,148 | +€17,646 | +15.7% |
| Equity | 10/15 | €27,652 | €40,426 | +€12,773 | +46.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,000 | €20,000 | +€14,000 | +233% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €18,000 | +€14,000 | +350% |
| Profit (loss) carried forward | 14 | €1,652 | €426 | -€1,227 | -74.2% |
| Amounts payable | 17/49 | €84,850 | €89,723 | +€4,872 | +5.7% |
| Amounts payable after more than one year | 17 | €84,223 | €75,358 | -€8,865 | -10.5% |
| Financial debts | 170/4 | €81,973 | €72,973 | -€9,000 | -11.0% |
| Other amounts payable | 178/9 | €2,250 | €2,385 | +€135 | +6.0% |
| Amounts payable within one year | 42/48 | €627 | €10,719 | +€10,092 | +1,609% |
| Trade debts | 44 | €627 | €9,160 | +€8,533 | +1,360% |
| Suppliers | 440/4 | €627 | €9,160 | +€8,533 | +1,360% |
| Other amounts payable | 47/48 | - | €1,559 | +€1,559 | |
| Accrued charges and deferred income | 492/3 | - | €3,645 | +€3,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,379 | €6,653 | +€275 | +4.3% |
| Other operating charges | 640/8 | €1,486 | €1,642 | +€156 | +10.5% |
| Gross operating margin | 9900 | €6,679 | €21,137 | +€14,458 | +216% |
| Operating profit (loss) | 9901 | -€1,185 | €12,841 | +€14,027 | |
| Financial income | 75/76B | €15 | €9 | -€6 | -38.9% |
| Recurring financial income | 75 | €15 | €9 | -€6 | -38.9% |
| Financial charges | 65/66B | €69 | €74 | +€4 | +5.9% |
| Recurring financial charges | 65 | €69 | €74 | +€4 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,239 | €12,777 | +€14,017 | |
| Income taxes | 67/77 | €5 | €4 | -€1 | -13.2% |
| Profit (loss) for the period | 9904 | -€1,244 | €12,773 | +€14,017 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,244 | €12,773 | +€14,017 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.