THOMA-HOUT: what changed
What changed
THOMA-HOUT
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€15,157
2024 · €14,556+€601
Equity
€156,371
2024 · €141,214+€15,157
Cash
-
not filed
Balance sheet total
€407,878
2024 · €448,803-€40,925
Largest movements
Assets
- Tangible fixed assets -€33,484
down €33,484 (-11.5%), from €290,125 to €256,641
- Stocks and contracts -€11,233
down €11,233 (-15.5%), from €72,636 to €61,403
of which Contracts in progress: -€19,561
Equity and liabilities
- Trade debts -€44,991
down €44,991 (-55.9%), from €80,416 to €35,425
- Debts after one year -€17,117
down €17,117 (-10.3%), from €166,077 to €148,960
- Reserves +€15,000
up €15,000 (+28.6%), from €52,369 to €67,369
- Short-term financial debts +€5,789
up €5,789 (+23.0%), from €25,130 to €30,919
Income statement
- Gross operating margin -€7,595
down €7,595 (-5.5%), from €138,697 to €131,101
- Financial charges -€4,771
down €4,771 (-21.4%), from €22,297 to €17,526
- Other operating charges -€1,655
down €1,655 (-28.4%), from €5,837 to €4,182
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€14,556
Gross operating margin
-€7,595
Staff costs
+€811
Depreciation
+€560
Other operating charges
+€1,655
Financial charges
+€4,771
Taxes
+€399
Result 2025
€15,157
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,803 | €407,878 | -€40,925 | -9.1% |
| Fixed assets | 21/28 | €290,125 | €258,465 | -€31,660 | -10.9% |
| Tangible fixed assets | 22/27 | €290,125 | €256,641 | -€33,484 | -11.5% |
| Land and buildings | 22 | €227,686 | €214,391 | -€13,294 | -5.8% |
| Plant, machinery and equipment | 23 | €26,259 | €22,345 | -€3,914 | -14.9% |
| Furniture and vehicles | 24 | €23,581 | €13,605 | -€9,976 | -42.3% |
| Leasing and similar rights | 25 | €12,600 | €6,300 | -€6,300 | -50.0% |
| Financial fixed assets | 28 | - | €1,824 | +€1,824 | |
| Current assets | 29/58 | €158,678 | €149,413 | -€9,265 | -5.8% |
| Stocks and contracts in progress | 3 | €72,636 | €61,403 | -€11,233 | -15.5% |
| Stocks | 30/36 | €47,084 | €55,412 | +€8,328 | +17.7% |
| Contracts in progress | 37 | €25,552 | €5,991 | -€19,561 | -76.6% |
| Amounts receivable within one year | 40/41 | €71,550 | €74,808 | +€3,257 | +4.6% |
| Trade receivables | 40 | €36,578 | €45,791 | +€9,213 | +25.2% |
| Other amounts receivable | 41 | €34,972 | €29,016 | -€5,956 | -17.0% |
| Deferred charges and accrued income | 490/1 | €14,492 | €13,203 | -€1,289 | -8.9% |
| Total equity and liabilities | 10/49 | €448,803 | €407,878 | -€40,925 | -9.1% |
| Equity | 10/15 | €141,214 | €156,371 | +€15,157 | +10.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €52,369 | €67,369 | +€15,000 | +28.6% |
| Distributable reserves | 133 | €52,369 | €67,369 | +€15,000 | +28.6% |
| Profit (loss) carried forward | 14 | €68,846 | €69,002 | +€157 | +0.2% |
| Amounts payable | 17/49 | €307,589 | €251,506 | -€56,082 | -18.2% |
| Amounts payable after more than one year | 17 | €166,077 | €148,960 | -€17,117 | -10.3% |
| Financial debts | 170/4 | €166,077 | €148,960 | -€17,117 | -10.3% |
| Amounts payable within one year | 42/48 | €141,511 | €102,546 | -€38,965 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €19,878 | €17,117 | -€2,761 | -13.9% |
| Financial debts | 43 | €25,130 | €30,919 | +€5,789 | +23.0% |
| Credit institutions | 430/8 | €25,130 | €30,919 | +€5,789 | +23.0% |
| Trade debts | 44 | €80,416 | €35,425 | -€44,991 | -55.9% |
| Suppliers | 440/4 | €80,416 | €35,425 | -€44,991 | -55.9% |
| Taxes, remuneration and social security | 45 | €16,087 | €19,086 | +€2,999 | +18.6% |
| Taxes | 450/3 | €12,058 | €14,733 | +€2,675 | +22.2% |
| Remuneration and social security | 454/9 | €4,029 | €4,353 | +€324 | +8.0% |
| Remuneration, social security and pensions | 62 | €53,091 | €52,281 | -€811 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,143 | €34,583 | -€560 | -1.6% |
| Other operating charges | 640/8 | €5,837 | €4,182 | -€1,655 | -28.4% |
| Gross operating margin | 9900 | €138,697 | €131,101 | -€7,595 | -5.5% |
| Operating profit (loss) | 9901 | €44,625 | €40,056 | -€4,570 | -10.2% |
| Financial charges | 65/66B | €22,297 | €17,526 | -€4,771 | -21.4% |
| Recurring financial charges | 65 | €22,297 | €17,526 | -€4,771 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €22,328 | €22,530 | +€201 | +0.9% |
| Income taxes | 67/77 | €7,772 | €7,373 | -€399 | -5.1% |
| Profit (loss) for the period | 9904 | €14,556 | €15,157 | +€601 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,556 | €15,157 | +€601 | +4.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.