THOMAS BUILDING COMPANY: what changed
What changed
THOMAS BUILDING COMPANY
filed annual accounts (NBB)
Net result for the year
-€2,532
2020 · €12,612-€15,144
Equity
-€186,782
2020 · -€184,249-€2,532
Cash
€2,921
2020 · €2,362+€559
Balance sheet total
€524,932
2020 · €520,513+€4,418
Largest movements
Assets
- Current assets +€32,457
up €32,457 (+42.0%), from €77,236 to €109,693
of which Deferred charges and accrued income: +€54,428
- Tangible fixed assets -€28,039
down €28,039 (-6.4%), from €441,009 to €412,970
Equity and liabilities
- Debts +€6,951
up €6,951 (+1.0%), from €704,763 to €711,713
of which Debts within one year: +€6,275
Income statement
- Financial charges +€34,734
new in 2021: €34,734
- Gross operating margin -€16,721
down €16,721 (-18.7%), from €89,570 to €72,849
- Other operating charges +€12,696
new in 2021: €12,696
- Depreciation -€3,303
down €3,303 (-10.2%), from €32,231 to €28,928
- Financial income +€1,094
new in 2021: €1,094
Change in the result, 2020 to 2021
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 2020
€12,612
Gross operating margin
-€16,721
Depreciation
+€3,303
Other operating charges
-€12,696
Other operating items
+€12,189
Financial income
+€1,094
Financial charges
-€34,734
Other financial items
+€32,422
Taxes
-€1
Result 2021
-€2,532
raises the resultlowers the resultnot broken down further in the accounts
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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,513 | €524,932 | +€4,418 | +0.8% |
| Fixed assets | 21/28 | €443,278 | €415,239 | -€28,039 | -6.3% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €441,009 | €412,970 | -€28,039 | -6.4% |
| Land and buildings | 22 | - | €412,351 | +€412,351 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €619 | +€619 | |
| Financial fixed assets | 28 | €2,268 | €2,268 | = | 0.0% |
| Current assets | 29/58 | €77,236 | €109,693 | +€32,457 | +42.0% |
| Amounts receivable after more than one year | 29 | - | €52,343 | +€52,343 | |
| Other amounts receivable | 291 | - | €52,343 | +€52,343 | |
| Amounts receivable within one year | 40/41 | €43,153 | €0 | -€43,153 | -100% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,362 | €2,921 | +€559 | +23.7% |
| Deferred charges and accrued income | 490/1 | - | €54,428 | +€54,428 | |
| Total equity and liabilities | 10/49 | €520,513 | €524,932 | +€4,418 | +0.8% |
| Equity | 10/15 | -€184,249 | -€186,782 | -€2,532 | -1.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | - | €61,973 | +€61,973 | |
| Issued capital | 100 | - | €61,973 | +€61,973 | |
| Profit (loss) carried forward | 14 | -€246,223 | -€248,755 | -€2,532 | -1.0% |
| Amounts payable | 17/49 | €704,763 | €711,713 | +€6,951 | +1.0% |
| Amounts payable after more than one year | 17 | €700,000 | €700,000 | = | 0.0% |
| Financial debts | 170/4 | - | €700,000 | +€700,000 | |
| Amounts payable within one year | 42/48 | €3,624 | €9,899 | +€6,275 | +173% |
| Trade debts | 44 | €3,508 | €6,445 | +€2,938 | +83.7% |
| Suppliers | 440/4 | - | €6,445 | +€6,445 | |
| Taxes, remuneration and social security | 45 | - | €3,454 | +€3,454 | |
| Taxes | 450/3 | - | €233 | +€233 | |
| Remuneration and social security | 454/9 | - | €3,221 | +€3,221 | |
| Accrued charges and deferred income | 492/3 | - | €1,814 | +€1,814 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,231 | €28,928 | -€3,303 | -10.2% |
| Other operating charges | 640/8 | - | €12,696 | +€12,696 | |
| Gross operating margin | 9900 | €89,570 | €72,849 | -€16,721 | -18.7% |
| Operating profit (loss) | 9901 | €45,150 | €31,225 | -€13,925 | -30.8% |
| Financial income | 75/76B | - | €1,094 | +€1,094 | |
| Recurring financial income | 75 | €3,099 | €1,094 | -€2,005 | -64.7% |
| Financial charges | 65/66B | - | €34,734 | +€34,734 | |
| Recurring financial charges | 65 | €35,521 | €34,734 | -€786 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €12,728 | -€2,415 | -€15,143 | |
| Income taxes | 67/77 | €116 | €117 | +€1 | +0.7% |
| Profit (loss) for the period | 9904 | €12,612 | -€2,532 | -€15,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,612 | -€2,532 | -€15,144 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.