Thomaco Services: 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.
Thomaco Services
Largest movements
- Cash +€38,514
up €38,514 (+668.4%), from €5,762 to €44,276
mainly Receivables within one year (+€37,036) and Net result for the year (+€30,746)
- Receivables within one year -€37,036
down €37,036 (-21.9%), from €169,044 to €132,009
of which Trade receivables: -€43,242
- Stocks and contracts -€11,492
down €11,492 (-12.0%), from €96,117 to €84,625
of which Stocks: -€15,525
- Tangible fixed assets -€6,603
down €6,603 (-31.7%), from €20,833 to €14,229
of which Plant, machinery and equipment: -€4,122
- Current portion of long-term debt -€29,237
down €29,237 (-86.9%), from €33,635 to €4,398
- Trade debts -€28,940
down €28,940 (-72.2%), from €40,088 to €11,149
- Other debts +€24,920
up €24,920 (+24.7%), from €101,025 to €125,945
- Tax, wage and social debts +€16,292
up €16,292 (+158.4%), from €10,287 to €26,579
of which Taxes: +€15,942
- Accrued charges and deferred income +€9,600
new in 2025: €9,600
- Gross operating margin +€52,505
up €52,505, from -€1,575 to €50,931
- Taxes +€5,793
up €5,793, from €0 to €5,793
- Other operating charges +€2,943
up €2,943 (+173.8%), from €1,693 to €4,636
- Depreciation +€1,584
up €1,584 (+24.3%), from €6,519 to €8,103
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 | €291,757 | €275,140 | -€16,617 | -5.7% |
| Fixed assets | 21/28 | €20,833 | €14,229 | -€6,603 | -31.7% |
| Tangible fixed assets | 22/27 | €20,833 | €14,229 | -€6,603 | -31.7% |
| Plant, machinery and equipment | 23 | €8,271 | €4,149 | -€4,122 | -49.8% |
| Furniture and vehicles | 24 | €12,562 | €10,080 | -€2,481 | -19.8% |
| Current assets | 29/58 | €270,924 | €260,910 | -€10,014 | -3.7% |
| Stocks and contracts in progress | 3 | €96,117 | €84,625 | -€11,492 | -12.0% |
| Stocks | 30/36 | €91,096 | €75,571 | -€15,525 | -17.0% |
| Contracts in progress | 37 | €5,021 | €9,054 | +€4,033 | +80.3% |
| Amounts receivable within one year | 40/41 | €169,044 | €132,009 | -€37,036 | -21.9% |
| Trade receivables | 40 | €158,494 | €115,252 | -€43,242 | -27.3% |
| Other amounts receivable | 41 | €10,550 | €16,757 | +€6,207 | +58.8% |
| Cash at bank and in hand | 54/58 | €5,762 | €44,276 | +€38,514 | +668.4% |
| Total equity and liabilities | 10/49 | €291,757 | €275,140 | -€16,617 | -5.7% |
| Equity | 10/15 | €106,722 | €97,468 | -€9,254 | -8.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €106,622 | €97,368 | -€9,254 | -8.7% |
| Distributable reserves | 133 | €106,622 | €97,368 | -€9,254 | -8.7% |
| Amounts payable | 17/49 | €185,035 | €177,671 | -€7,363 | -4.0% |
| Amounts payable within one year | 42/48 | €185,035 | €168,071 | -€16,963 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €33,635 | €4,398 | -€29,237 | -86.9% |
| Trade debts | 44 | €40,088 | €11,149 | -€28,940 | -72.2% |
| Suppliers | 440/4 | €40,088 | €11,149 | -€28,940 | -72.2% |
| Taxes, remuneration and social security | 45 | €10,287 | €26,579 | +€16,292 | +158.4% |
| Taxes | 450/3 | €6,437 | €22,379 | +€15,942 | +247.7% |
| Remuneration and social security | 454/9 | €3,850 | €4,200 | +€350 | +9.1% |
| Other amounts payable | 47/48 | €101,025 | €125,945 | +€24,920 | +24.7% |
| Accrued charges and deferred income | 492/3 | - | €9,600 | +€9,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,519 | €8,103 | +€1,584 | +24.3% |
| Other operating charges | 640/8 | €1,693 | €4,636 | +€2,943 | +173.8% |
| Non-recurring operating charges | 66A | €2,531 | - | -€2,531 | |
| Gross operating margin | 9900 | -€1,575 | €50,931 | +€52,505 | |
| Operating profit (loss) | 9901 | -€12,318 | €38,191 | +€50,509 | |
| Financial income | 75/76B | €14 | €202 | +€188 | +1390.2% |
| Recurring financial income | 75 | €14 | €202 | +€188 | +1390.2% |
| Financial charges | 65/66B | €2,136 | €1,853 | -€283 | -13.2% |
| Recurring financial charges | 65 | €2,136 | €1,853 | -€283 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,441 | €36,540 | +€50,981 | |
| Income taxes | 67/77 | €0 | €5,793 | +€5,793 | |
| Profit (loss) for the period | 9904 | -€14,441 | €30,746 | +€45,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,441 | €30,746 | +€45,187 |
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 6 October 2026 via checked.be.