THIXOLUTIONS: 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.
THIXOLUTIONS
Largest movements
- Tangible fixed assets +€48,018
up €48,018 (+279.7%), from €17,169 to €65,187
of which Furniture and vehicles: +€26,915
- Cash -€37,011
down €37,011 (-54.4%), from €68,086 to €31,075
mainly Investment in fixed assets (net) (-€61,630) and Receivables within one year (-€21,391)
- Receivables within one year +€21,391
up €21,391 (+156.2%), from €13,699 to €35,089
of which Trade receivables: +€16,341
- Current investments +€12,023
up €12,023 (+1202.3%), from €1,000 to €13,023
- Profit (loss) carried forward +€40,239
up €40,239 (+48.8%), from €82,402 to €122,641
- Debts after one year +€9,750
new in 2025: €9,750
- Tax, wage and social debts -€7,273
down €7,273 (-63.2%), from €11,514 to €4,240
- Current portion of long-term debt +€3,092
new in 2025: €3,092
- Other debts -€1,651
down €1,651 (-30.8%), from €5,361 to €3,710
- Depreciation +€11,160
up €11,160 (+455.1%), from €2,452 to €13,612
- Gross operating margin +€4,355
up €4,355 (+6.8%), from €64,076 to €68,431
- Taxes -€2,494
down €2,494 (-18.5%), from €13,451 to €10,956
- Financial charges +€1,858
up €1,858 (+250.3%), from €742 to €2,600
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 | €102,359 | €146,297 | +€43,938 | +42.9% |
| Fixed assets | 21/28 | €17,209 | €65,227 | +€48,018 | +279.0% |
| Tangible fixed assets | 22/27 | €17,169 | €65,187 | +€48,018 | +279.7% |
| Plant, machinery and equipment | 23 | €730 | €21,834 | +€21,104 | +2890.8% |
| Furniture and vehicles | 24 | €16,439 | €43,353 | +€26,915 | +163.7% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €85,150 | €81,070 | -€4,080 | -4.8% |
| Amounts receivable within one year | 40/41 | €13,699 | €35,089 | +€21,391 | +156.2% |
| Trade receivables | 40 | €13,699 | €30,039 | +€16,341 | +119.3% |
| Other amounts receivable | 41 | - | €5,050 | +€5,050 | |
| Current investments | 50/53 | €1,000 | €13,023 | +€12,023 | +1202.3% |
| Cash at bank and in hand | 54/58 | €68,086 | €31,075 | -€37,011 | -54.4% |
| Deferred charges and accrued income | 490/1 | €2,366 | €1,883 | -€482 | -20.4% |
| Total equity and liabilities | 10/49 | €102,359 | €146,297 | +€43,938 | +42.9% |
| Equity | 10/15 | €83,402 | €123,641 | +€40,239 | +48.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,402 | €122,641 | +€40,239 | +48.8% |
| Amounts payable | 17/49 | €18,957 | €22,656 | +€3,699 | +19.5% |
| Amounts payable after more than one year | 17 | - | €9,750 | +€9,750 | |
| Financial debts | 170/4 | - | €9,750 | +€9,750 | |
| Amounts payable within one year | 42/48 | €18,957 | €12,905 | -€6,051 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,092 | +€3,092 | |
| Trade debts | 44 | €2,082 | €1,862 | -€220 | -10.6% |
| Suppliers | 440/4 | €2,082 | €1,862 | -€220 | -10.6% |
| Taxes, remuneration and social security | 45 | €11,514 | €4,240 | -€7,273 | -63.2% |
| Taxes | 450/3 | €11,514 | €4,240 | -€7,273 | -63.2% |
| Other amounts payable | 47/48 | €5,361 | €3,710 | -€1,651 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €13,612 | +€11,160 | +455.1% |
| Other operating charges | 640/8 | €671 | €570 | -€102 | -15.1% |
| Gross operating margin | 9900 | €64,076 | €68,431 | +€4,355 | +6.8% |
| Operating profit (loss) | 9901 | €60,952 | €54,250 | -€6,703 | -11.0% |
| Financial income | 75/76B | €19 | €379 | +€360 | +1923.9% |
| Recurring financial income | 75 | €19 | €379 | +€360 | +1923.9% |
| Financial charges | 65/66B | €742 | €2,600 | +€1,858 | +250.3% |
| Recurring financial charges | 65 | €742 | €2,600 | +€1,858 | +250.3% |
| Profit (loss) for the period before taxes | 9903 | €60,229 | €52,028 | -€8,201 | -13.6% |
| Income taxes | 67/77 | €13,451 | €10,956 | -€2,494 | -18.5% |
| Profit (loss) for the period | 9904 | €46,778 | €41,072 | -€5,706 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,778 | €41,072 | -€5,706 | -12.2% |
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 12 October 2026 via checked.be.