Thomas DK: what changed
What changed
Thomas DK
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
-€9,074
2024 · -€26,439+€17,365
Equity
€109,677
2024 · €118,751-€9,074
Cash
€27,085
2024 · €43,062-€15,977
Balance sheet total
€225,824
2024 · €289,251-€63,427
Largest movements
Assets
- Tangible fixed assets -€52,504
down €52,504 (-22.2%), from €236,187 to €183,683
of which Furniture and vehicles: -€32,385
- Cash -€15,977
down €15,977 (-37.1%), from €43,062 to €27,085
mainly Debts after one year (-€20,379) and Trade debts (-€14,172)
- Financial fixed assets +€9,000
new in 2025: €9,000
Equity and liabilities
- Debts after one year -€20,379
down €20,379 (-20.3%), from €100,183 to €79,804
of which Financial debts: -€29,379
- Trade debts -€14,172
down €14,172 (-80.6%), from €17,593 to €3,421
- Current portion of long-term debt -€11,916
down €11,916 (-28.9%), from €41,295 to €29,379
- Tax, wage and social debts -€9,220
down €9,220 (-80.7%), from €11,428 to €2,208
of which Remuneration and social security: -€4,798
- Profit (loss) carried forward -€9,074
down €9,074 (-37.5%), from -€24,167 to -€33,241
Income statement
- Staff costs -€32,822
down €32,822 (-68.6%), from €47,849 to €15,027
- Gross operating margin -€22,243
down €22,243 (-31.0%), from €71,805 to €49,562
- Depreciation -€7,284
down €7,284 (-16.7%), from €43,560 to €36,276
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
-€26,439
Gross operating margin
-€22,243
Staff costs
+€32,822
Depreciation
+€7,284
Other operating charges
-€451
Other operating items
-€634
Financial income
-€30
Financial charges
+€617
Result 2025
-€9,074
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€8,305
Investment
+€7,229
Financing
-€31,510
Cash 2024
€43,062
From operations (derived)
+€8,305
Net result for the year
-€9,074
Depreciation
+€36,276
Receivables within one year
+€2,411
Deferred charges and accrued income
+€1,535
Trade debts
-€14,172
Tax, wage and social debts
-€9,220
Other debts
+€550
Investment (derived)
+€7,229
Investment in fixed assets (net)
+€7,229
Financing
-€31,510
Debts after one year
-€20,379
Current portion of long-term debt
-€11,916
Short-term financial debts
+€785
Cash 2025
€27,085
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,251 | €225,824 | -€63,427 | -21.9% |
| Fixed assets | 21/28 | €236,187 | €192,683 | -€43,504 | -18.4% |
| Tangible fixed assets | 22/27 | €236,187 | €183,683 | -€52,504 | -22.2% |
| Plant, machinery and equipment | 23 | €83,113 | €62,994 | -€20,119 | -24.2% |
| Furniture and vehicles | 24 | €153,074 | €120,689 | -€32,385 | -21.2% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €53,064 | €33,141 | -€19,923 | -37.5% |
| Amounts receivable within one year | 40/41 | €5,919 | €3,508 | -€2,411 | -40.7% |
| Trade receivables | 40 | €5,673 | €3,280 | -€2,393 | -42.2% |
| Other amounts receivable | 41 | €246 | €228 | -€18 | -7.4% |
| Cash at bank and in hand | 54/58 | €43,062 | €27,085 | -€15,977 | -37.1% |
| Deferred charges and accrued income | 490/1 | €4,082 | €2,548 | -€1,535 | -37.6% |
| Total equity and liabilities | 10/49 | €289,251 | €225,824 | -€63,427 | -21.9% |
| Equity | 10/15 | €118,751 | €109,677 | -€9,074 | -7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €122,918 | €122,918 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €122,918 | €122,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,167 | -€33,241 | -€9,074 | -37.5% |
| Amounts payable | 17/49 | €170,500 | €116,147 | -€54,353 | -31.9% |
| Amounts payable after more than one year | 17 | €100,183 | €79,804 | -€20,379 | -20.3% |
| Financial debts | 170/4 | €100,183 | €70,804 | -€29,379 | -29.3% |
| Other amounts payable | 178/9 | - | €9,000 | +€9,000 | |
| Amounts payable within one year | 42/48 | €70,317 | €36,343 | -€33,973 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €41,295 | €29,379 | -€11,916 | -28.9% |
| Financial debts | 43 | - | €785 | +€785 | |
| Credit institutions | 430/8 | - | €785 | +€785 | |
| Trade debts | 44 | €17,593 | €3,421 | -€14,172 | -80.6% |
| Suppliers | 440/4 | €17,593 | €3,421 | -€14,172 | -80.6% |
| Taxes, remuneration and social security | 45 | €11,428 | €2,208 | -€9,220 | -80.7% |
| Taxes | 450/3 | €6,630 | €2,208 | -€4,422 | -66.7% |
| Remuneration and social security | 454/9 | €4,798 | €0 | -€4,798 | -100% |
| Other amounts payable | 47/48 | €0 | €550 | +€550 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €18,632 | +€18,632 | |
| Remuneration, social security and pensions | 62 | €47,849 | €15,027 | -€32,822 | -68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,560 | €36,276 | -€7,284 | -16.7% |
| Other operating charges | 640/8 | €774 | €1,225 | +€451 | +58.4% |
| Non-recurring operating charges | 66A | €0 | €634 | +€634 | |
| Gross operating margin | 9900 | €71,805 | €49,562 | -€22,243 | -31.0% |
| Operating profit (loss) | 9901 | -€20,377 | -€3,599 | +€16,778 | +82.3% |
| Financial income | 75/76B | €34 | €4 | -€30 | -88.0% |
| Recurring financial income | 75 | €34 | €4 | -€30 | -88.0% |
| Financial charges | 65/66B | €6,096 | €5,479 | -€617 | -10.1% |
| Recurring financial charges | 65 | €6,096 | €5,479 | -€617 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,439 | -€9,074 | +€17,365 | +65.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€26,439 | -€9,074 | +€17,365 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,439 | -€9,074 | +€17,365 | +65.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.