Thito: 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.
Thito
Largest movements
- Cash +€74,566
up €74,566 (+418.8%), from €17,806 to €92,372
mainly Net result for the year (+€70,143) and Tax, wage and social debts (+€19,069)
- Deferred charges and accrued income +€7,640
up €7,640 (+109.1%), from €7,000 to €14,640
- Tangible fixed assets +€7,142
new in 2025: €7,142
of which Plant, machinery and equipment: +€4,121
- Receivables within one year +€2,577
new in 2025: €2,577
- Reserves +€70,143
up €70,143 (+420.1%), from €16,699 to €86,842
- Tax, wage and social debts +€19,069
up €19,069 (+473.1%), from €4,031 to €23,100
- Trade debts +€3,266
up €3,266 (+625.3%), from €522 to €3,788
- Gross operating margin +€76,988
up €76,988 (+571.6%), from €13,469 to €90,456
- Taxes +€15,503
up €15,503 (+444.5%), from €3,488 to €18,991
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 | €24,806 | €116,730 | +€91,924 | +370.6% |
| Fixed assets | 21/28 | - | €7,142 | +€7,142 | |
| Tangible fixed assets | 22/27 | - | €7,142 | +€7,142 | |
| Plant, machinery and equipment | 23 | - | €4,121 | +€4,121 | |
| Furniture and vehicles | 24 | - | €3,021 | +€3,021 | |
| Current assets | 29/58 | €24,806 | €109,589 | +€84,782 | +341.8% |
| Amounts receivable within one year | 40/41 | - | €2,577 | +€2,577 | |
| Other amounts receivable | 41 | - | €2,577 | +€2,577 | |
| Cash at bank and in hand | 54/58 | €17,806 | €92,372 | +€74,566 | +418.8% |
| Deferred charges and accrued income | 490/1 | €7,000 | €14,640 | +€7,640 | +109.1% |
| Total equity and liabilities | 10/49 | €24,806 | €116,730 | +€91,924 | +370.6% |
| Equity | 10/15 | €19,699 | €89,842 | +€70,143 | +356.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,699 | €86,842 | +€70,143 | +420.1% |
| Distributable reserves | 133 | €16,699 | €86,842 | +€70,143 | +420.1% |
| Amounts payable | 17/49 | €5,108 | €26,888 | +€21,780 | +426.4% |
| Amounts payable within one year | 42/48 | €4,585 | €26,888 | +€22,304 | +486.5% |
| Trade debts | 44 | €522 | €3,788 | +€3,266 | +625.3% |
| Suppliers | 440/4 | €522 | €3,788 | +€3,266 | +625.3% |
| Taxes, remuneration and social security | 45 | €4,031 | €23,100 | +€19,069 | +473.1% |
| Taxes | 450/3 | €4,031 | €23,100 | +€19,069 | +473.1% |
| Other amounts payable | 47/48 | €31 | €0 | -€31 | -100.0% |
| Accrued charges and deferred income | 492/3 | €523 | €0 | -€523 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €882 | +€882 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €13,469 | €90,456 | +€76,988 | +571.6% |
| Operating profit (loss) | 9901 | €13,469 | €89,430 | +€75,961 | +564.0% |
| Financial income | 75/76B | - | €69 | +€69 | |
| Recurring financial income | 75 | - | €69 | +€69 | |
| Financial charges | 65/66B | €55 | €365 | +€310 | +564.8% |
| Recurring financial charges | 65 | €55 | €365 | +€310 | +564.8% |
| Profit (loss) for the period before taxes | 9903 | €13,414 | €89,134 | +€75,720 | +564.5% |
| Income taxes | 67/77 | €3,488 | €18,991 | +€15,503 | +444.5% |
| Profit (loss) for the period | 9904 | €9,926 | €70,143 | +€60,218 | +606.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,926 | €70,143 | +€60,218 | +606.7% |
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 29 September 2026 via checked.be.