ThiVan Services: 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.
ThiVan Services
Largest movements
- Receivables after one year -€16,000
no longer reported in 2025 (was €16,000)
- Tangible fixed assets +€2,771
up €2,771 (+318.5%), from €870 to €3,641
- Deferred charges and accrued income -€2,618
down €2,618 (-28.7%), from €9,137 to €6,519
- Cash +€2,008
up €2,008 (+54.0%), from €3,717 to €5,725
mainly Receivables after one year (+€16,000) and Deferred charges and accrued income (+€2,618)
- Receivables within one year +€1,285
up €1,285 (+197.7%), from €650 to €1,935
of which Other amounts receivable: +€1,146
- Reserves -€6,941
down €6,941 (-51.5%), from €13,483 to €6,542
- Tax, wage and social debts -€2,932
down €2,932 (-68.2%), from €4,296 to €1,364
- Trade debts -€2,681
down €2,681 (-41.9%), from €6,395 to €3,714
- Gross operating margin +€4,385
up €4,385 (+60.9%), from -€7,198 to -€2,813
- Taxes +€1,239
up €1,239 (+794.2%), from €156 to €1,395
- Financial charges +€741
up €741 (+1089.7%), from €68 to €809
- Depreciation +€707
up €707 (+353.5%), from €200 to €907
- Other operating charges -€576
down €576 (-35.8%), from €1,607 to €1,031
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 | €30,374 | €17,820 | -€12,554 | -41.3% |
| Fixed assets | 21/28 | €870 | €3,641 | +€2,771 | +318.5% |
| Tangible fixed assets | 22/27 | €870 | €3,641 | +€2,771 | +318.5% |
| Furniture and vehicles | 24 | €870 | €3,641 | +€2,771 | +318.5% |
| Current assets | 29/58 | €29,504 | €14,179 | -€15,325 | -51.9% |
| Amounts receivable after more than one year | 29 | €16,000 | - | -€16,000 | |
| Other amounts receivable | 291 | €16,000 | - | -€16,000 | |
| Amounts receivable within one year | 40/41 | €650 | €1,935 | +€1,285 | +197.7% |
| Trade receivables | 40 | - | €139 | +€139 | |
| Other amounts receivable | 41 | €650 | €1,796 | +€1,146 | +176.3% |
| Cash at bank and in hand | 54/58 | €3,717 | €5,725 | +€2,008 | +54.0% |
| Deferred charges and accrued income | 490/1 | €9,137 | €6,519 | -€2,618 | -28.7% |
| Total equity and liabilities | 10/49 | €30,374 | €17,820 | -€12,554 | -41.3% |
| Equity | 10/15 | €19,683 | €12,742 | -€6,941 | -35.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,483 | €6,542 | -€6,941 | -51.5% |
| Distributable reserves | 133 | €13,483 | €6,542 | -€6,941 | -51.5% |
| Amounts payable | 17/49 | €10,691 | €5,078 | -€5,613 | -52.5% |
| Amounts payable within one year | 42/48 | €10,691 | €5,078 | -€5,613 | -52.5% |
| Trade debts | 44 | €6,395 | €3,714 | -€2,681 | -41.9% |
| Suppliers | 440/4 | €6,395 | €3,714 | -€2,681 | -41.9% |
| Taxes, remuneration and social security | 45 | €4,296 | €1,364 | -€2,932 | -68.2% |
| Taxes | 450/3 | €4,296 | €1,364 | -€2,932 | -68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €907 | +€707 | +353.5% |
| Other operating charges | 640/8 | €1,607 | €1,031 | -€576 | -35.8% |
| Gross operating margin | 9900 | -€7,198 | -€2,813 | +€4,385 | +60.9% |
| Operating profit (loss) | 9901 | -€9,005 | -€4,751 | +€4,254 | +47.2% |
| Financial income | 75/76B | €452 | €14 | -€438 | -96.9% |
| Recurring financial income | 75 | €452 | €14 | -€438 | -96.9% |
| Financial charges | 65/66B | €68 | €809 | +€741 | +1089.7% |
| Recurring financial charges | 65 | €68 | €809 | +€741 | +1089.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,621 | -€5,546 | +€3,075 | +35.7% |
| Income taxes | 67/77 | €156 | €1,395 | +€1,239 | +794.2% |
| Profit (loss) for the period | 9904 | -€8,777 | -€6,941 | +€1,836 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,777 | -€6,941 | +€1,836 | +20.9% |
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 7 October 2026 via checked.be.