THOLOSOS: 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.
THOLOSOS
Largest movements
- Cash -€10,153
down €10,153 (-46.8%), from €21,711 to €11,558
mainly Investment in fixed assets (net) (-€7,490) and Receivables within one year (-€7,276)
- Receivables within one year +€7,276
up €7,276 (+173%), from €4,206 to €11,482
of which Other amounts receivable: +€8,038
- Tangible fixed assets +€5,427
up €5,427 (+99.5%), from €5,454 to €10,881
of which Furniture and vehicles: +€5,095
- Deferred charges and accrued income -€2,905
down €2,905 (-69.7%), from €4,170 to €1,265
- Profit (loss) carried forward -€3,122
new in 2025: -€3,122
- Accrued charges and deferred income +€2,736
up €2,736 (+69.0%), from €3,967 to €6,703
- Gross operating margin -€19,465
down €19,465 (-91.2%), from €21,343 to €1,879
- Taxes -€6,439
down €6,439 (-89.2%), from €7,216 to €778
- Depreciation +€943
up €943 (+84.3%), from €1,119 to €2,062
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 | €35,541 | €35,186 | -€355 | -1.0% |
| Fixed assets | 21/28 | €5,454 | €10,881 | +€5,427 | +99.5% |
| Tangible fixed assets | 22/27 | €5,454 | €10,881 | +€5,427 | +99.5% |
| Plant, machinery and equipment | 23 | €2,184 | €2,516 | +€332 | +15.2% |
| Furniture and vehicles | 24 | €3,270 | €8,365 | +€5,095 | +156% |
| Current assets | 29/58 | €30,087 | €24,305 | -€5,782 | -19.2% |
| Amounts receivable within one year | 40/41 | €4,206 | €11,482 | +€7,276 | +173% |
| Trade receivables | 40 | €981 | €218 | -€762 | -77.7% |
| Other amounts receivable | 41 | €3,226 | €11,264 | +€8,038 | +249% |
| Cash at bank and in hand | 54/58 | €21,711 | €11,558 | -€10,153 | -46.8% |
| Deferred charges and accrued income | 490/1 | €4,170 | €1,265 | -€2,905 | -69.7% |
| Total equity and liabilities | 10/49 | €35,541 | €35,186 | -€355 | -1.0% |
| Equity | 10/15 | €29,263 | €26,141 | -€3,122 | -10.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,671 | €10,671 | = | 0.0% |
| Distributable reserves | 133 | €10,671 | €10,671 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,122 | -€3,122 | |
| Amounts payable | 17/49 | €6,278 | €9,045 | +€2,767 | +44.1% |
| Amounts payable within one year | 42/48 | €2,311 | €2,342 | +€31 | +1.4% |
| Trade debts | 44 | €1,431 | €1,309 | -€122 | -8.5% |
| Suppliers | 440/4 | €1,431 | €1,309 | -€122 | -8.5% |
| Taxes, remuneration and social security | 45 | €880 | €1,033 | +€153 | +17.4% |
| Taxes | 450/3 | €880 | €1,033 | +€153 | +17.4% |
| Accrued charges and deferred income | 492/3 | €3,967 | €6,703 | +€2,736 | +69.0% |
| Non-recurring operating income | 76A | €7,222 | €3,300 | -€3,922 | -54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,119 | €2,062 | +€943 | +84.3% |
| Other operating charges | 640/8 | €2,169 | €2,291 | +€122 | +5.6% |
| Gross operating margin | 9900 | €21,343 | €1,879 | -€19,465 | -91.2% |
| Operating profit (loss) | 9901 | €18,055 | -€2,474 | -€20,530 | |
| Financial income | 75/76B | €287 | €292 | +€5 | +1.7% |
| Recurring financial income | 75 | €287 | €292 | +€5 | +1.7% |
| Financial charges | 65/66B | €96 | €162 | +€66 | +68.9% |
| Recurring financial charges | 65 | €96 | €162 | +€66 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | €18,247 | -€2,344 | -€20,591 | |
| Income taxes | 67/77 | €7,216 | €778 | -€6,439 | -89.2% |
| Profit (loss) for the period | 9904 | €11,030 | -€3,122 | -€14,152 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,030 | -€3,122 | -€14,152 |
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 17 October 2026 via checked.be.