THOMAS-DRINK: what changed
Two financial 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.
What changed
THOMAS-DRINK
NACE 47.260, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€639,681
2024 · €582,913+€56,767
Equity
€4.9m
2024 · €4.5m+€389,681
Cash
€734,383
2024 · €1.4m-€649,158
Balance sheet total
€7.2m
2024 · €6.5m+€626,714
Largest movements
Assets
- Current investments +€850,000
up €850,000 (+341%), from €249,500 to €1.1m
- Cash -€649,158
down €649,158 (-46.9%), from €1.4m to €734,383
mainly Current investments (-€850,000) and Stocks and contracts (-€426,141)
- Stocks and contracts +€426,141
up €426,141 (+27.9%), from €1.5m to €2.0m
- Receivables within one year +€74,028
up €74,028 (+2.9%), from €2.6m to €2.7m
of which Other amounts receivable: +€81,402
Equity and liabilities
- Reserves +€395,240
up €395,240 (+9.0%), from €4.4m to €4.8m
of which Distributable reserves: +€210,000
- Other debts +€222,314
up €222,314 (+65.7%), from €338,250 to €560,564
Income statement
- Gross operating margin +€173,863
up €173,863 (+11.8%), from €1.5m to €1.6m
- Depreciation +€96,701
up €96,701 (+146%), from €66,220 to €162,921
- Staff costs +€48,241
up €48,241 (+7.8%), from €615,049 to €663,290
- Write-downs -€44,526
down €44,526, from €16,111 to -€28,415
- Other operating charges +€39,685
up €39,685 (+120%), from €33,205 to €72,890
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.
Result 2024
€582,913
Gross operating margin
+€173,863
Staff costs
-€48,241
Depreciation
-€96,701
Write-downs
+€44,526
Other operating charges
-€39,685
Financial income
+€30,053
Financial charges
-€8,496
Taxes
+€1,449
Result 2025
€639,681
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€510,177
Investment
-€946,440
Financing
-€212,895
Cash 2024
€1.4m
From operations (derived)
+€510,177
Net result for the year
+€639,681
Depreciation
+€162,921
Stocks and contracts
-€426,141
Receivables within one year
-€74,028
Deferred charges and accrued income
+€7,816
Trade debts
+€27,313
Tax, wage and social debts
-€49,698
Other debts
+€222,314
Investment (derived)
-€946,440
Investment in fixed assets (net)
-€96,440
Current investments
-€850,000
Financing
-€212,895
Debts after one year
-€26,037
Current portion of long-term debt
+€63,141
Contributions, distributions and other
-€250,000
Cash 2025
€734,383
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,545,301 | €7,172,015 | +€626,714 | +9.6% |
| Fixed assets | 21/28 | €378,899 | €312,418 | -€66,481 | -17.5% |
| Intangible fixed assets | 21 | €4,104 | €2,400 | -€1,704 | -41.5% |
| Tangible fixed assets | 22/27 | €334,542 | €269,765 | -€64,777 | -19.4% |
| Plant, machinery and equipment | 23 | €218,667 | €175,393 | -€43,274 | -19.8% |
| Furniture and vehicles | 24 | €100,099 | €66,177 | -€33,922 | -33.9% |
| Other tangible fixed assets | 26 | €15,776 | €28,196 | +€12,419 | +78.7% |
| Financial fixed assets | 28 | €40,253 | €40,253 | = | 0.0% |
| Current assets | 29/58 | €6,166,402 | €6,859,597 | +€693,195 | +11.2% |
| Amounts receivable after more than one year | 29 | €404,000 | €404,000 | = | 0.0% |
| Other amounts receivable | 291 | €404,000 | €404,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,527,965 | €1,954,106 | +€426,141 | +27.9% |
| Stocks | 30/36 | €1,527,965 | €1,954,106 | +€426,141 | +27.9% |
| Amounts receivable within one year | 40/41 | €2,576,174 | €2,650,202 | +€74,028 | +2.9% |
| Trade receivables | 40 | €1,278,220 | €1,270,845 | -€7,374 | -0.6% |
| Other amounts receivable | 41 | €1,297,955 | €1,379,357 | +€81,402 | +6.3% |
| Current investments | 50/53 | €249,500 | €1,099,500 | +€850,000 | +341% |
| Cash at bank and in hand | 54/58 | €1,383,541 | €734,383 | -€649,158 | -46.9% |
| Deferred charges and accrued income | 490/1 | €25,222 | €17,407 | -€7,816 | -31.0% |
| Total equity and liabilities | 10/49 | €6,545,301 | €7,172,015 | +€626,714 | +9.6% |
| Equity | 10/15 | €4,467,049 | €4,856,729 | +€389,681 | +8.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €4,396,200 | €4,791,440 | +€395,240 | +9.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €185,240 | +€185,240 | |
| Distributable reserves | 133 | €4,390,000 | €4,600,000 | +€210,000 | +4.8% |
| Profit (loss) carried forward | 14 | €8,849 | €3,289 | -€5,559 | -62.8% |
| Amounts payable | 17/49 | €2,078,253 | €2,315,286 | +€237,034 | +11.4% |
| Amounts payable after more than one year | 17 | €56,092 | €30,055 | -€26,037 | -46.4% |
| Financial debts | 170/4 | €56,092 | €30,055 | -€26,037 | -46.4% |
| Amounts payable within one year | 42/48 | €2,022,161 | €2,285,231 | +€263,070 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €83,032 | €146,173 | +€63,141 | +76.0% |
| Trade debts | 44 | €1,461,154 | €1,488,467 | +€27,313 | +1.9% |
| Suppliers | 440/4 | €1,461,154 | €1,488,467 | +€27,313 | +1.9% |
| Taxes, remuneration and social security | 45 | €139,725 | €90,027 | -€49,698 | -35.6% |
| Taxes | 450/3 | €63,716 | €5,398 | -€58,317 | -91.5% |
| Remuneration and social security | 454/9 | €76,009 | €84,629 | +€8,620 | +11.3% |
| Other amounts payable | 47/48 | €338,250 | €560,564 | +€222,314 | +65.7% |
| Remuneration, social security and pensions | 62 | €615,049 | €663,290 | +€48,241 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,220 | €162,921 | +€96,701 | +146% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,111 | -€28,415 | -€44,526 | |
| Other operating charges | 640/8 | €33,205 | €72,890 | +€39,685 | +120% |
| Gross operating margin | 9900 | €1,467,337 | €1,641,200 | +€173,863 | +11.8% |
| Operating profit (loss) | 9901 | €736,752 | €770,514 | +€33,762 | +4.6% |
| Financial income | 75/76B | €2,852 | €32,905 | +€30,053 | +1,054% |
| Recurring financial income | 75 | €2,852 | €32,905 | +€30,053 | +1,054% |
| Financial charges | 65/66B | €10,656 | €19,152 | +€8,496 | +79.7% |
| Recurring financial charges | 65 | €10,656 | €19,152 | +€8,496 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €728,948 | €784,267 | +€55,319 | +7.6% |
| Income taxes | 67/77 | €146,035 | €144,587 | -€1,449 | -1.0% |
| Profit (loss) for the period | 9904 | €582,913 | €639,681 | +€56,767 | +9.7% |
| Transfer to tax-exempt reserves | 689 | - | €185,240 | +€185,240 | |
| Profit (loss) for the period to be appropriated | 9905 | €582,913 | €454,441 | -€128,473 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.