thl auto 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.
thl auto consulting
Largest movements
- Cash +€53,160
up €53,160 (+77.1%), from €68,933 to €122,093
mainly Net result for the year (+€54,268) and Depreciation (+€24,802)
- Tangible fixed assets -€22,004
down €22,004 (-52.1%), from €42,225 to €20,221
of which Furniture and vehicles: -€18,266
- Receivables within one year -€13,995
down €13,995 (-21.9%), from €63,995 to €50,000
of which Other amounts receivable: -€11,614
- Stocks and contracts +€8,547
up €8,547 (+2.5%), from €348,623 to €357,170
- Reserves +€47,200
up €47,200 (+15.0%), from €313,659 to €360,859
- Debts after one year -€35,633
down €35,633 (-24.3%), from €146,437 to €110,804
of which Financial debts: -€40,725
- Advances received +€17,640
new in 2025: €17,640
- Gross operating margin +€43,691
up €43,691 (+52.9%), from €82,569 to €126,260
- Taxes +€17,464
up €17,464 (+114%), from €15,358 to €32,822
- Financial charges -€10,866
down €10,866 (-52.3%), from €20,777 to €9,910
- Depreciation -€1,652
down €1,652 (-6.2%), from €26,454 to €24,802
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 | €546,651 | €576,707 | +€30,056 | +5.5% |
| Fixed assets | 21/28 | €42,225 | €20,221 | -€22,004 | -52.1% |
| Tangible fixed assets | 22/27 | €42,225 | €20,221 | -€22,004 | -52.1% |
| Plant, machinery and equipment | 23 | €3,299 | €1,323 | -€1,976 | -59.9% |
| Furniture and vehicles | 24 | €29,310 | €11,045 | -€18,266 | -62.3% |
| Other tangible fixed assets | 26 | €9,615 | €7,854 | -€1,761 | -18.3% |
| Current assets | 29/58 | €504,427 | €556,486 | +€52,059 | +10.3% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €348,623 | €357,170 | +€8,547 | +2.5% |
| Stocks | 30/36 | €348,623 | €357,170 | +€8,547 | +2.5% |
| Amounts receivable within one year | 40/41 | €63,995 | €50,000 | -€13,995 | -21.9% |
| Trade receivables | 40 | €2,381 | - | -€2,381 | |
| Other amounts receivable | 41 | €61,614 | €50,000 | -€11,614 | -18.8% |
| Cash at bank and in hand | 54/58 | €68,933 | €122,093 | +€53,160 | +77.1% |
| Deferred charges and accrued income | 490/1 | €2,875 | €7,223 | +€4,348 | +151% |
| Total equity and liabilities | 10/49 | €546,651 | €576,707 | +€30,056 | +5.5% |
| Equity | 10/15 | €335,157 | €382,425 | +€47,268 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €313,659 | €360,859 | +€47,200 | +15.0% |
| Distributable reserves | 133 | €313,659 | €360,859 | +€47,200 | +15.0% |
| Profit (loss) carried forward | 14 | €2,898 | €2,966 | +€68 | +2.4% |
| Amounts payable | 17/49 | €211,495 | €194,282 | -€17,213 | -8.1% |
| Amounts payable after more than one year | 17 | €146,437 | €110,804 | -€35,633 | -24.3% |
| Financial debts | 170/4 | €46,437 | €5,713 | -€40,725 | -87.7% |
| Other amounts payable | 178/9 | €100,000 | €105,092 | +€5,092 | +5.1% |
| Amounts payable within one year | 42/48 | €65,057 | €83,478 | +€18,420 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €41,701 | €40,725 | -€976 | -2.3% |
| Trade debts | 44 | €4,765 | €2,193 | -€2,572 | -54.0% |
| Suppliers | 440/4 | €4,765 | €2,193 | -€2,572 | -54.0% |
| Advances received on contracts in progress | 46 | - | €17,640 | +€17,640 | |
| Taxes, remuneration and social security | 45 | €9,658 | €9,988 | +€330 | +3.4% |
| Taxes | 450/3 | €9,658 | €9,988 | +€330 | +3.4% |
| Other amounts payable | 47/48 | €8,934 | €12,932 | +€3,998 | +44.8% |
| Non-recurring operating income | 76A | - | €7,890 | +€7,890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,454 | €24,802 | -€1,652 | -6.2% |
| Other operating charges | 640/8 | €849 | €1,881 | +€1,032 | +122% |
| Non-recurring operating charges | 66A | - | €2,601 | +€2,601 | |
| Gross operating margin | 9900 | €82,569 | €126,260 | +€43,691 | +52.9% |
| Operating profit (loss) | 9901 | €55,266 | €96,976 | +€41,711 | +75.5% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €20,777 | €9,910 | -€10,866 | -52.3% |
| Recurring financial charges | 65 | €20,777 | €9,910 | -€10,866 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €34,489 | €87,091 | +€52,602 | +153% |
| Income taxes | 67/77 | €15,358 | €32,822 | +€17,464 | +114% |
| Profit (loss) for the period | 9904 | €19,131 | €54,268 | +€35,138 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €19,131 | €54,268 | +€35,138 | +184% |
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 27 October 2026 via checked.be.