THOLA: 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.
THOLA
Largest movements
- Receivables within one year +€9,672
up €9,672 (+5.6%), from €173,647 to €183,319
- Profit (loss) carried forward +€8,676
up €8,676 (+2.2%), from -€397,909 to -€389,233
- Financial income -€429
down €429 (-4.2%), from €10,101 to €9,672
- Gross operating margin +€182
up €182 (+57.7%), from -€315 to -€133
- Other operating charges +€12
up €12 (+1.5%), from €827 to €839
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 | €177,317 | €186,273 | +€8,956 | +5.1% |
| Current assets | 29/58 | €177,317 | €186,273 | +€8,956 | +5.1% |
| Amounts receivable within one year | 40/41 | €173,647 | €183,319 | +€9,672 | +5.6% |
| Other amounts receivable | 41 | €173,647 | €183,319 | +€9,672 | +5.6% |
| Cash at bank and in hand | 54/58 | €3,670 | €2,954 | -€716 | -19.5% |
| Total equity and liabilities | 10/49 | €177,317 | €186,273 | +€8,956 | +5.1% |
| Equity | 10/15 | €176,699 | €185,375 | +€8,676 | +4.9% |
| Contributions | 10/11 | €510,000 | €510,000 | = | 0.0% |
| Capital | 10 | €510,000 | €510,000 | = | 0.0% |
| Issued capital | 100 | €510,000 | €510,000 | = | 0.0% |
| Reserves | 13 | €64,608 | €64,608 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,000 | €51,000 | = | 0.0% |
| Legal reserve | 130 | €51,000 | €51,000 | = | 0.0% |
| Distributable reserves | 133 | €13,608 | €13,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€397,909 | -€389,233 | +€8,676 | +2.2% |
| Amounts payable | 17/49 | €617 | €897 | +€280 | +45.4% |
| Amounts payable within one year | 42/48 | €617 | €436 | -€182 | -29.4% |
| Trade debts | 44 | €617 | €436 | -€182 | -29.4% |
| Suppliers | 440/4 | €617 | €436 | -€182 | -29.4% |
| Accrued charges and deferred income | 492/3 | - | €462 | +€462 | |
| Other operating charges | 640/8 | €827 | €839 | +€12 | +1.5% |
| Gross operating margin | 9900 | -€315 | -€133 | +€182 | +57.7% |
| Operating profit (loss) | 9901 | -€1,141 | -€972 | +€169 | +14.8% |
| Financial income | 75/76B | €10,101 | €9,672 | -€429 | -4.2% |
| Recurring financial income | 75 | €10,101 | €9,672 | -€429 | -4.2% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,935 | €8,676 | -€259 | -2.9% |
| Profit (loss) for the period | 9904 | €8,935 | €8,676 | -€259 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,935 | €8,676 | -€259 | -2.9% |
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 3 October 2026 via checked.be.