THOMAS MC: 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.
THOMAS MC
Largest movements
- Cash +€1.0m
up €1.0m (+5,278%), from €19,148 to €1.0m
mainly Net result for the year (+€739,907) and Debts after one year (+€265,516)
- Tangible fixed assets +€409,115
up €409,115 (+64.3%), from €636,119 to €1.0m
of which Other tangible fixed assets: +€244,777
- Financial fixed assets -€379,741
down €379,741 (-99.4%), from €382,066 to €2,325
- Reserves +€739,907
up €739,907 (+124%), from €596,835 to €1.3m
- Debts after one year +€265,516
up €265,516 (+83.4%), from €318,512 to €584,028
- Tax, wage and social debts +€23,403
up €23,403 (+42.7%), from €54,850 to €78,253
of which Taxes: +€23,324
- Financial income +€1.0m
up €1.0m (+222,467%), from €469 to €1.0m
of which Non-recurring financial income: +€834,396
- Taxes +€304,740
up €304,740 (+779%), from €39,110 to €343,851
- Gross operating margin -€50,964
down €50,964 (-30.1%), from €169,506 to €118,542
- Depreciation +€21,356
up €21,356 (+74.8%), from €28,555 to €49,911
- Financial charges +€7,384
up €7,384 (+128%), from €5,762 to €13,146
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,112 | €2,110,036 | +€1.0m | +96.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,018,185 | €1,047,560 | +€29,375 | +2.9% |
| Tangible fixed assets | 22/27 | €636,119 | €1,045,234 | +€409,115 | +64.3% |
| Land and buildings | 22 | €633,954 | €743,975 | +€110,020 | +17.4% |
| Plant, machinery and equipment | 23 | €1,277 | €2,151 | +€875 | +68.5% |
| Furniture and vehicles | 24 | €887 | €54,331 | +€53,444 | +6,022% |
| Other tangible fixed assets | 26 | - | €244,777 | +€244,777 | |
| Financial fixed assets | 28 | €382,066 | €2,325 | -€379,741 | -99.4% |
| Current assets | 29/58 | €55,927 | €1,062,476 | +€1.0m | +1,800% |
| Amounts receivable within one year | 40/41 | €34,401 | €30,420 | -€3,981 | -11.6% |
| Trade receivables | 40 | €24,924 | €26,972 | +€2,048 | +8.2% |
| Other amounts receivable | 41 | €9,477 | €3,448 | -€6,028 | -63.6% |
| Cash at bank and in hand | 54/58 | €19,148 | €1,029,761 | +€1.0m | +5,278% |
| Deferred charges and accrued income | 490/1 | €2,379 | €2,296 | -€84 | -3.5% |
| Total equity and liabilities | 10/49 | €1,074,112 | €2,110,036 | +€1.0m | +96.4% |
| Equity | 10/15 | €615,435 | €1,355,342 | +€739,907 | +120% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €596,835 | €1,336,742 | +€739,907 | +124% |
| Distributable reserves | 133 | €596,835 | €1,336,742 | +€739,907 | +124% |
| Amounts payable | 17/49 | €458,677 | €754,694 | +€296,017 | +64.5% |
| Amounts payable after more than one year | 17 | €318,512 | €584,028 | +€265,516 | +83.4% |
| Financial debts | 170/4 | €318,512 | €584,028 | +€265,516 | +83.4% |
| Amounts payable within one year | 42/48 | €140,165 | €170,665 | +€30,501 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €65,752 | €79,640 | +€13,888 | +21.1% |
| Trade debts | 44 | €19,563 | €12,773 | -€6,790 | -34.7% |
| Suppliers | 440/4 | €19,563 | €12,773 | -€6,790 | -34.7% |
| Taxes, remuneration and social security | 45 | €54,850 | €78,253 | +€23,403 | +42.7% |
| Taxes | 450/3 | €54,850 | €78,174 | +€23,324 | +42.5% |
| Remuneration and social security | 454/9 | - | €79 | +€79 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,555 | €49,911 | +€21,356 | +74.8% |
| Other operating charges | 640/8 | €9,591 | €16,124 | +€6,533 | +68.1% |
| Gross operating margin | 9900 | €169,506 | €118,542 | -€50,964 | -30.1% |
| Operating profit (loss) | 9901 | €131,359 | €52,506 | -€78,853 | -60.0% |
| Financial income | 75/76B | €469 | €1,044,397 | +€1.0m | +222,467% |
| Recurring financial income | 75 | €469 | €210,001 | +€209,531 | +44,652% |
| Non-recurring financial income | 76B | - | €834,396 | +€834,396 | |
| Financial charges | 65/66B | €5,762 | €13,146 | +€7,384 | +128% |
| Recurring financial charges | 65 | €5,762 | €13,146 | +€7,384 | +128% |
| Profit (loss) for the period before taxes | 9903 | €126,066 | €1,083,757 | +€957,691 | +760% |
| Income taxes | 67/77 | €39,110 | €343,851 | +€304,740 | +779% |
| Profit (loss) for the period | 9904 | €86,956 | €739,907 | +€652,950 | +751% |
| Profit (loss) for the period to be appropriated | 9905 | €86,956 | €739,907 | +€652,950 | +751% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.