THOM-IMMO: 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.
THOM-IMMO
Largest movements
- Tangible fixed assets +€42,512
up €42,512 (+1030.3%), from €4,126 to €46,638
- Cash -€4,488
down €4,488 (-24.3%), from €18,470 to €13,982
mainly Investment in fixed assets (net) (-€47,939) and Tax, wage and social debts (-€13,880)
- Receivables within one year +€1,637
up €1,637 (+108.5%), from €1,508 to €3,145
of which Other amounts receivable: +€1,949
- Deferred charges and accrued income +€1,218
new in 2025: €1,218
- Debts after one year +€35,869
new in 2025: €35,869
- Tax, wage and social debts -€13,880
down €13,880 (-89.2%), from €15,568 to €1,687
of which Remuneration and social security: -€12,300
- Current portion of long-term debt +€9,142
new in 2025: €9,142
- Profit (loss) carried forward +€6,111
up €6,111 (+66.0%), from -€9,257 to -€3,145
- Other debts +€2,660
up €2,660 (+20.1%), from €13,236 to €15,896
- Gross operating margin +€21,887
up €21,887, from -€7,284 to €14,602
- Depreciation +€4,687
up €4,687 (+377.9%), from €1,240 to €5,927
- Taxes +€1,244
new in 2025: €1,244
- Financial charges +€633
new in 2025: €633
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 | €26,225 | €66,604 | +€40,379 | +154.0% |
| Fixed assets | 21/28 | €6,248 | €48,260 | +€42,012 | +672.5% |
| Intangible fixed assets | 21 | €2,122 | €1,622 | -€500 | -23.6% |
| Tangible fixed assets | 22/27 | €4,126 | €46,638 | +€42,512 | +1030.3% |
| Furniture and vehicles | 24 | €4,126 | €46,638 | +€42,512 | +1030.3% |
| Current assets | 29/58 | €19,978 | €18,345 | -€1,633 | -8.2% |
| Amounts receivable within one year | 40/41 | €1,508 | €3,145 | +€1,637 | +108.5% |
| Trade receivables | 40 | €1,508 | €1,195 | -€313 | -20.7% |
| Other amounts receivable | 41 | - | €1,949 | +€1,949 | |
| Cash at bank and in hand | 54/58 | €18,470 | €13,982 | -€4,488 | -24.3% |
| Deferred charges and accrued income | 490/1 | - | €1,218 | +€1,218 | |
| Total equity and liabilities | 10/49 | €26,225 | €66,604 | +€40,379 | +154.0% |
| Equity | 10/15 | -€4,257 | €1,855 | +€6,111 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,257 | -€3,145 | +€6,111 | +66.0% |
| Amounts payable | 17/49 | €30,482 | €64,750 | +€34,268 | +112.4% |
| Amounts payable after more than one year | 17 | - | €35,869 | +€35,869 | |
| Financial debts | 170/4 | - | €35,869 | +€35,869 | |
| Amounts payable within one year | 42/48 | €30,482 | €28,880 | -€1,602 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | - | €9,142 | +€9,142 | |
| Trade debts | 44 | €1,678 | €2,155 | +€477 | +28.4% |
| Suppliers | 440/4 | €1,678 | €2,155 | +€477 | +28.4% |
| Taxes, remuneration and social security | 45 | €15,568 | €1,687 | -€13,880 | -89.2% |
| Taxes | 450/3 | €3,268 | €1,687 | -€1,580 | -48.4% |
| Remuneration and social security | 454/9 | €12,300 | €0 | -€12,300 | -100.0% |
| Other amounts payable | 47/48 | €13,236 | €15,896 | +€2,660 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €5,927 | +€4,687 | +377.9% |
| Other operating charges | 640/8 | €732 | €687 | -€45 | -6.2% |
| Gross operating margin | 9900 | -€7,284 | €14,602 | +€21,887 | |
| Operating profit (loss) | 9901 | -€9,257 | €7,988 | +€17,245 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | - | €633 | +€633 | |
| Recurring financial charges | 65 | - | €633 | +€633 | |
| Profit (loss) for the period before taxes | 9903 | -€9,257 | €7,356 | +€16,612 | |
| Income taxes | 67/77 | - | €1,244 | +€1,244 | |
| Profit (loss) for the period | 9904 | -€9,257 | €6,111 | +€15,368 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,257 | €6,111 | +€15,368 |
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 1 October 2026 via checked.be.